Axi Select hailed as the future of prop trading as multiple demo account firms close doors due to pressures from regulators, brokers, and tech providers
Bucking the trend of recent negative developments in the prop firmindustry, leading global CFD and FX broker Axi, which launched AxiSelect - their unique capital allocation programme for talentedtraders - has been hailed by many industry experts as the future ofthe industry.
Recent issues experienced in the prop tradingindustry have resulted in multiple firms having to pause or closedown their service due to pressure from regulators, partner brokersor tech providers.
Axi Select is completely different to theindustry, and as a result has legitimised the prop firm model byoffering a live trading account programme, with real controls interms of execution, transparency, and fair market conditions. Sinceits launch in mid-2023, Axi Select has witnessed an incredible 40%month-on-month increase in the number of active clients on theirplatforms.
Axi believes their Select programme isrevolutionary, sustainable and is the future of the prop firmmodel. Greg Rubin, Head of Axi Select, stated “In the last week theprop trading industry has been turned on its head completely withmultiple firms having to suspend their services due to externalpressures.
“We foresaw this, which is why we’ve developed acapital allocation programme which is built on our live tradingaccount model and has been available in over 100 countries for morethan 16 years. This has given us the confidence that Axi Select isa long-term solution to the prop trading community, and not subjectto the issues now faced by prop firms who offer the demo accountregistration fee model and are under constant pressure fromregulators and their tech partners.”
He continued “We genuinely empathise with thethousands of talented traders who will now be denied access totheir allocated funds, and we encourage anyone using the demotrading registration model to question whether their prop firmpartner will be able to continue as an ongoing concern given recentevents. Unfortunately, this could be the beginning of the end forthe demo account prop firm model.”
Axi Select offers a very attractive fundingmodel - $1 million USD top allocation and clients can keep up to90% of their profits – that’s one of the top allocation offeringsworldwide, from an award-winning globally recognised, respected,and trusted broker.
By joining Axi you don’t need to pay aregistration fee. Yes, you need to fund your trading account, butthat money is yours to withdraw at any time and any profits youmake on your funded account, you keep in addition to fundsallocated by Axi.
“We believe passionately that Axi Select is thebest allocation programme globally” said Rajesh Yohannan, Group CEOof Axi.
“By using a live trading account, with realmoney and the emotions that accompany this, we believe you are morelikely to be profitable longer term and make money from your ownlive account as well as the funded proportion. Our Axi Selectaccount has all the controls we offer to our live account holdersglobally. This includes access to our award-winning fast,transparent, and fair-trade execution.”
He added “If you are a talented trader and arelooking for a legitimate funding programme which is designed totruly help you succeed and profit from the financial markets, andyou want the stability of an account model which has been in marketfor 16 years, then Axi Select is the place for you to find yourEdge.”
About Axi Select*
Axi Select* is a unique capital allocationprogramme that was specifically designed to help you succeed as aprofessional trader. Axi Select* offers a generous funding of up to$1 million USD as part of a structured and fair pathway to help youmeet your long-term and most ambitious trading aspirations.Solidify your trading skills, knowledge and understanding of themarkets and embark on your biggest trading journey ever with Axithrough Axi Select.
Why Axi Select*?
- 100% Free to join – No registrationfees
- Earn 90% of profits on $1,000,000USD of our funds
- Unrestrictive trading conditions& a structured pathway that provides a fair & realopportunity for traders to become professional traders
- Trading score (Edge score) toassess & assist with trading performance
- Dashboard with analytics, advancedstats, and a leader board
- Exclusive online trading room withlive analysis and learning videos from professional traders.Ability to interact with fellow traders and share analysis/tradingideas.
- Trustworthy broker with over 35+industry awards.
How is Axi Select* different from otherprogrammes?
| Programme | Axi Select | Industry Standard |
| Registration fee | No | Yes |
| Pass Evaluation | No | Yes |
| Restrictive Trading Conditions | No | Varies |
| Number of Attempts | 3 | 1 |
| Leverage | 100:1 | Varies, majority less than 100:1 |
| Account Type | Real Trading Account | Demo |
| Additional Tools | Dashboard/Leaderboard, Edge Score, Trading Room | Varies |
Learn more & switch to Axi Select:https://www.axi.com/select
* The Axi Select programme is only available to clients ofAxiTrader Limited. CFDs carry a high risk of investment loss. Inour dealings with you, we will act as a principal counterparty toall of your positions. This content is not available for AU, NZ,EU, and UK residents. For more information, refer to our Terms ofService. Other fees and minimum deposit apply.
About Axi
Axi is a global online FX and CFD trading company, trusted bythousands of ambitious customers in 100+ countries around theworld. We help all types of traders, trading businesses, banks andfinancial organizations find the edge they need to achieve theirfinancial goals through informed transactions made on the world'sfinancial markets. Axi offers a wide range of assets including CFDsfor several asset classes including Forex, Shares, Gold, Silver,Oil, Coffee, Indices, and other commodities.
At Axi, we are proud of our reputation as an honest, fair, andtrusted broker. Our many awards and 'Great' Trustpilot reviewsprove we have earned the confidence of customers who value ouroutstanding service, fast execution, secure payments, segregatedfunds, and easy withdrawals.
For further enquiries contact service@axi.com
A photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/4b7f4608-f090-471c-995d-de6c0f23438e
