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Axi Select

  • Australia
  • Since 2007

Axi Select is a proprietary trading firm on the Wikilix record. Its programmes have not been filled in yet.

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The firm
Updated

Axi Select at a glance

Axi Select is a proprietary trading firm based in Australia, in business since 2007.

On the record

Based in
Australia
Founded
2007
Chief executive
Rajesh Yohannan
Trades through
Axi - AxiTrader Limited
Instrument types
Cfd

Pay for a plan with

  • Astropay
  • Bank Transfer
  • Boleto
  • Credit/Debit Card
  • Crypto
  • Fasapay
  • Neteller
  • PayPal
  • Pix
  • Przelewy24
  • Skrill

Get paid by

  • Astropay
  • Bank Transfer
  • Credit/Debit Card
  • Crypto
  • Fasapay
  • Neteller
  • PayPal
  • Pix
  • Przelewy24
  • Skrill
Recorded by Wikilix from Axi Select’s published terms and re-checked periodically.
Leverage

Leverage by market

Every market trades at 1:100 on every programme.

Market1-step
FX1:100
Metals1:100
Energy1:100
Other Commodities1:100
Stocks1:100
Indices1:100
Payouts

How Axi Select pays

Payouts are made by Astropay, Bank Transfer, Credit/Debit Card, Crypto, Fasapay, Neteller, PayPal, Pix, Przelewy24, and Skrill.

Paid out by

  • Astropay
  • Bank Transfer
  • Credit/Debit Card
  • Crypto
  • Fasapay
  • Neteller
  • PayPal
  • Pix
  • Przelewy24
  • Skrill

Payout policy

Automatic payouts are processed on the 1st of each month or immediately upon progressing to the next stage. Profits are credited directly to your Axi Select live account.

Markets

What you can trade

6 asset classes, traded as CFDs.

6 asset classes

Asset classes

  • FX
  • Metals
  • Energy
  • Other Commodities
  • Stocks
  • Indices

Instrument types

  • CFDs
Commissions

Trading costs

No commission is charged on any market.

  • FXNo commissionCommission free
  • MetalsNo commissionCommission free
  • EnergyNo commissionCommission free
  • Other CommoditiesNo commissionCommission free
  • StocksNo commissionCommission free
  • IndicesNo commissionCommission free
Firm rules

Firm rules

Edge Score

The Edge score is a personalized, numerical metric used to assess your performance in the Axi Select program. It leverages advanced analytics to evaluate key aspects of your trading and identifies areas for improvement, with the ultimate goal of guiding you toward increased funding eligibility as you advance through the program. A higher Edge score translates to more funding opportunities.

How does the Edge score work

The Edge score is a weighted average of three key trading components: Skill, Consistency, and Risk, which is then multiplied by a discount factor based on your Experience.

Skill

Measure your ability to generate the profits while effectively managing drawdowns.

Consistency

Reflect your ability to achieve consistent gains, which showcases your understanding of market dynamics.

Risk

Evaluate your proficiency in managing risks effectively.

Experience

Assesses whether you meet minimum criteria for displaying credible trading experience.

The higher your edge score, the greater your eligibility for funding as you progress in the program.

There are different Edge Score for the different stage available

  • Seed stage: Edge score is 50
  • Incubation stage: Edge score is 60
  • Acceleration stage: Edge score is 70
  • Pro stage: Edge score is 90
  • Pro 500 stage: Edge score is 90
  • Pro M stage: Edge score is 90

Note: When you reach the 14% profit target and the minimum required trades in the Seed Stage, you can skip to the next level (available only in the Seed Stage).

There is a minimum number of total trades you must make within the current stage before you can progress to the next stage, listed below is the trades per stage

  • Seed stage: Trades per stage is 20
  • Incubation stage: Trades per stage is 40
  • Acceleration stage: Trades per stage is 50
  • Pro stage: Trades per stage is 50
  • Pro 500 stage: Trades per stage is 50

Minimum Equity

The minimum amount of equity needed to begin the stage. If you withdraw funds from your account, you must ensure you have this minimum equity to stay in the program.

  • Seed stage: $500
  • Incubation stage: $1,000
  • Acceleration stage: $2,000
  • Pro stage: $5,000
  • Pro 500 stage: $10,000
  • Pro M stage: $20,000
Type of description: prop_firm_rules
Restricted countries

Where Axi Select does not take traders

Residents of 20 countries cannot open an account with Axi Select.

20 countries
  • Afghanistan
  • Belarus
  • Cuba
  • Democratic Republic of the Congo
  • Haiti
  • Iran
  • Israel
  • Maldives
  • Myanmar
  • North Korea
  • Palestine
  • Republic of the Congo
  • Russia
  • Saint Vincent and the Grenadines
  • Somalia
  • South Sudan
  • Syria
  • Ukraine
Show 2 more
  • United States
  • Vanuatu
As published by Axi Select. A country not listed here is not thereby accepted — check the firm’s own terms.
Worth comparing

Prop firms worth comparing

1 firm from the Wikilix directory set beside Axi Select: the same country, the same kind of funding, a comparable split, or the best rated on the record.

1 firm
Figures as recorded on the Wikilix directory. A dash means the firm has not published that figure.

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