Axe Trader: Review and Analysis [2024]

The first thing that potential clients should pay attention to when choosing a trial firm is the advantages and disadvantages of the company. In Axe Trader review we have analyzed prop firm, and we can say that it has the following pros and cons:

The Axe Trader platform provides traders all over the world with a unique opportunity by empowering them through the retention of their funds and profit splits. By providing access to big account sizes of up to $250,000 and the opportunity to keep up to one hundred percent of earnings produced, Axe Trader is reinventing the conventional methods that are utilized to obtain funds for professional traders.

Axe Trader’s goal is to help skilled traders become full-time professionals in their field. The company has a b focus on inclusion, and as a result, it provides its services to individuals hailing from a wide range of areas and backgrounds. This allows the company to overcome geographical obstacles, which frequently hinder access to high-level trade prospects. Find out even more information in this Axe Trader review.

Axe Trader Key Features

Axe Trader is a cutting-edge trading platform designed to enhance your trading experience with a suite of powerful tools and features. With its intuitive interface, advanced analytics, and robust security, Axe Trader caters to both novice and experienced traders. Key features include real-time market data, customizable trading strategies, seamless order execution, and comprehensive risk management tools. Whether you’re trading equities, forex, or commodities, Axe Trader provides the precision and speed you need to stay ahead in the market.

• The available account sizes: Traders can choose account sizes ranging from $2,500 to $25,000, which allows them to accommodate a variety of trading tastes and account sizes.
• Leverage that is increased: Traders can use a Leverage of up to 1:20, which increases their trading capacity and the possible returns they might earn.
• A target for profit: Traders are given an initial profit objective of 8%, which encourages them to employ trading techniques that are targeted.
• These are the guidelines for risk management: The program requires stringent risk management procedures to be followed. There is a maximum daily loss ceiling of 3% and a maximum cumulative loss cap of 6% included in this limitation.
• The structure of the payout: In the event that traders reach the 8% profit objective, they are eligible to receive their first payout within eight calendar days of the first transaction they made. You can make requests for further withdrawals on a weekly basis.
• The Model of Profit Sharing: A rewarding compensation plan is available to traders, and it allows them to earn between 70 and 100 percent of their trading gains, depending on the parameters that measure their success.
• Drawdown Options are available: These drawdown limitations might vary depending on the type of account you have. Accounts that are regularly funded with Axe have a locked drawdown. On the other hand, Aggressive Funded Axe accounts provide a greater degree of customization in terms of drawdown management.

The Funded Axe program has been improved to demonstrate Axe Trader’s dedication to providing traders with powerful tools and clear prospects for financial gain. This project aims to assist both seasoned traders and novices who are looking to maximize their trading capabilities in dynamic market circumstances.

Rick Knight is the chief executive officer of Axe Trader. Having worked in the trading industry for more than three decades, he is a successful businessman and serial entrepreneur.

The trip that he has taken is incredibly inspiring and a proud demonstration of a remarkable capacity for resiliency and drive that is beyond limits. By the early age of 28, Rick had changed himself from a struggling teen into a thriving self-made billionaire. This exemplifies that anybody can achieve the seemingly impossible if they are determined and consistent in their efforts.

Rick’s capable trading talents surfaced as a critical asset during the busy days of the epidemic, giving him a lifeline amidst the swings. Rick’s trading abilities were a vital asset. As a result of this experience, he developed a b desire to share his expertise and knowledge with budding traders, giving them the ability to navigate the markets with confidence.

With this ambition in mind, Rick established Axe TraderHub, a platform with the purpose of teaching and motivating traders across the world. In addition, he expanded his support by working toward the provision of finance and full-time possibilities through Axe Trader and Axe TraderPro. This further solidified his dedication to cultivating a community of successful traders.

🌐 Official Website	www.axetrader.com
💰 Profit Sharing	70% up to 100%
🎓 Educational Resources	Access to Education through Axe TraderHub
🛠 Trading Instruments	Commodities, Crypto, Forex, Indices
💵 Funding Flexibility	Start funded accounts at $98
☝ Scaling Plan	Up to $5,000,000
🤑 First Payout	After 8 Days
👉 Future Payouts	on a Weekly Basis
✅ Reputation	Perfect
💻 Trading Platforms	CTrader, DXtrade, Match-Trader
⚡ Additional features	Overnight & Weekend Holding Allowed, News Trading Allowed, No Regulations on Your Trading Style
📥 Deposit Methods	BTC, Visa, PayPal
📤 Withdrawal Methods	Bank Transfer, BTC
🏛️ Account Size	$5,000 – $250,000
📋 Axe Trader rules	Maximum daily loss, Maximum loss, No EAs allowed, Profit target
💲 Account Currencies	USD
🏢 Incorporation Company	December 2023

The next part of our Axe Trader review focuses on the firm’s legitimacy, reputation, support and security.

• Legal/Licence: The company operates legally, under license, and within the legal framework, so its clients can be completely calm about their finances and the safety of confidential information.
• Support: If you have any questions, you can always contact this company by emailing [email protected], phoning +44 204 540 5069, or filling out the form on the Website.
• Reputation: A rating of 4.6 out of 5 on the authoritative Trustpilot website indicates that the company is reputable and has an impeccable reputation.
• Safe: The company pays great attention to the high quality of technical support for its clients, providing all possible communication options, including telephone, email, Discord, and others. All assistance is provided in English, which is very convenient for residents of different countries. Live chat is also available 24 hours a day.

Axe Trader brokers review would not be complete if we don’t look at the differences between this company and its competitors. Axe Trader stands out from other top prop firms by providing three distinct account options: a two-step evaluation, a one-step evaluation, and an instant funding program. Moreover, they offer a wide range of advantageous features.

These include the ability to trade without any time restrictions, no obligation to meet a minimum number of trades per day, the option to make your first withdrawal after just eight calendar days, weekly payouts for future trades, the potential to earn up to 100% of your profits, access to educational resources through Axe TraderHub, the chance to trade full-time in either Cancun or London and a special promotion called One Fee Double The Axe, which allows you to pay once and have two attempts to achieve funded status.

The Funded Axe from Axe Trader is a funding account that provides traders with the opportunity to bypass the evaluation process and begin earning right away. There is an initial profit goal of 8%, along with rules that limit daily losses to a maximum of 3% and maximum overall losses to 6%. There are no specific limitations or restrictions on the number of trades you can make in a day. Funded Axe also offers a one-of-a-kind scaling plan, enabling traders to handle even larger account sizes effectively.

When it comes to funding programs in the industry, Funded Axe truly sets itself apart. It offers a trading period that knows no bounds, meaning you have the freedom to trade without any restrictions on the number of trading days. There are no evaluation phases to go through, allowing you to jump right into the action. Plus, you can make your first withdrawal after just eight calendar days. On top of that, Funded Axe provides weekly future payouts and the potential to scale your payout up to 100% of your earned profits.

Axe Trader’s unique evaluation process allows traders to manage account sizes ranging from $5,000 to $250,000 effectively. It is essential to handle risk effectively during each time interval. Depending on the specific instrument you choose, you have the option to trade with a Leverage of up to 1:20.

Now, your objective is to achieve a profit target of 10% on your account without exceeding the daily limit of 4% or the maximum loss limit of 6%. Now, with the constraints of time, there are no specific criteria for trading days needed to achieve funded status. It is essential to achieve the profit goal while adhering to the maximum daily or overall loss limit regulations.

After successfully finishing the evaluation phase, you will once again receive a fully funded account with no minimum withdrawal requirements while still adhering to the loss Axe Trader rules.

You will receive your initial payout eight days after opening your funded account and placing your first position. Furthermore, any additional withdrawals are promptly processed upon request. Moreover, the payouts you receive will be a generous 80% profit split, which can increase up to the complete 100% depending on the profit you generate from your funded account.

Starting with the two-step evaluation, traders are given a chance to handle account sizes that range from $5,000 all the way up to $250,000. The goal is to find skilled traders who are successful and can effectively handle risk during the two-step evaluation process. By utilizing the two-step evaluation process, you have the opportunity to engage in trading with Leverage of up to 1:30, depending on the specific instrument you choose.

Now, the first phase and the second phase will necessitate you to achieve varying profit goals. We need to achieve 8% progress in Phase One and 5% progress in Phase Two. Now, you must adhere to your daily and overall loss limits; you are not allowed to exceed the 5% daily or 10% overall loss thresholds.

However, after completing both evaluation phases, you will receive a funded account with no minimum withdrawal requirements.

As usual, you must adhere to the regulations regarding daily and overall loss limits. After receiving funding, your initial payout will be made eight calendar days after you open your first position on your funded account.

Evaluation also includes a plan for scaling. By setting a monthly profit goal of 10%, traders can qualify for an account size boost that equals 25% of the initial account size every 90 calendar days.

Here’s an example:

• Profit must be at least 10% after three months each month. An eligible account worth $100,000 grows to $125,000.
• Over the next three months, the profit for each month must exceed a minimum of 10%. An eligible $125,000 account grows to $150,000.
• Over the next three months, the profit for each month must exceed a minimum of 10%. An eligible $150,000 account grows to $175,000.

And so forth…

In addition, if you manage to reach a monthly profit goal of 10% for six months in a row, regardless of the size of your account, you will be eligible for complete profit sharing. Moreover, if you accomplish this with a $100,000, $150,000, or $250,000 account size, you will also be eligible for an interview with the Axe Trader team. Moreover, this can also offer you a chance to have a permanent trading role in London or on the stunning beaches of Cancun.

For evaluations, the profit split is 80/20, and for funded Axe accounts, it is 70/30. This may be improved to a 90/10 split, and it can grow to a 100% no split after reaching and maintaining a 10% monthly profit objective for six consecutive months.

Moving on to another important part of Axe Trader brokers review. Axe Trader has formed a partnership with ThinkMarkets, who will serve as their broker.

ThinkMarkets is a high-quality online brokerage that offers a wide range of trading assets. Their headquarters are based in both London and Melbourne. They offer fast and convenient access to a diverse selection of markets, along with well-known trading solutions such as MetaTrader 4, MetaTrader 5, and their proprietary ThinkTrader platform.

When it comes to trading platforms, Axe Trader offers you the opportunity to trade on DXtrade, cTrader, and Match-Trader.

As previously stated, Axe Trader has a partnership with ThinkMarkets, enabling you to engage in trading various instruments such as forex pairs, commodities, indices, and cryptocurrencies. The Leverage available can reach up to 1:30, depending on the specific funding program and trading instrument you choose.

Forex Pairs

Axe Trader provides access to the following currency pairs:

AUD/CAD	AUD/CHF	AUD/JPY	AUD/NZD	AUD/USD	CAD/CHF	CAD/JPY	CHF/JPY	EUR/AUD	EUR/CAD	EUR/CHF	EUR/CZK
EUR/GBP	EUR/HUF	EUR/JPY	EUR/NOK	EUR/NZD	EUR/PLN	EUR/SEK	EUR/SGD	EUR/TRY	EUR/USD	EUR/ZAR
GBP/AUD	GBP/CAD	GBP/CHF	GBP/HUF	GBP/JPY	GBP/NZD	GBP/USD	GBP/ZAR	NZD/CAD	NZD/CHF	NZD/JPY	NZD/USD
USD/BRL	USD/CAD	USD/CHF	USD/CNH	USD/HKD	USD/HUF	USD/JPY	USD/MXN	USD/NOK	USD/PLN	USD/SEK	USD/SGD

Commodities

If your choice is commodities, you’ll also find quite a few interesting things here:

BRENT

COPPER

CORN

NGAS

SOYBEANS

WHEAT

WTI

XAG/USD

XAU/USD

XPT/USD

Indices

For those who choose indices, Axe Trader offers the following:

AUS200

CHINA50

ESTX50

FRA40

GER40

HK50

JPN225

NAS100

SPAIN35

SPX500

TAIEX

UK100

US2000

US30

USDINDEX

VIX

Cryptocurrencies

And of course, you can’t forget about cryptocurrency:

ADA/USD	ALGO/USD	ATOM/USD	AVAX/USD	BAT/USD	BCH/USD	BNB/USD	BTC/USD	DASH/USD	DOGE/USD	DOT/USD	EOS/USD
ETH/USD	LINK/USD	LTC/USD	MANA/USD	MATIC/USD	OMG/USD	SAND/USD	SOL/USD	UNI/USD	XLM/USD	XMR/USD	XRP/USD
XTZ/USD	ZEC/USD

Today, all company clients have access to a wide range of features of well-known trading platforms: CTrader, DXtrade, and Match-Trader. This means that Axe Trader clients will have unlimited functionality and convenience.

Axe Trader’s trading commissions are widely regarded as some of the most competitive on the market:

Trading Instrument	Commission Fee
FOREX	7 USD / LOT
COMMODITIES	7 USD / LOT (Only Metals)
INDICES	0 USD / LOT
CRYPTO	0 USD / LOT

What about opening an account? Our Axe Trader prop firms review will provide that information right now. In order to successfully open an account with this company, you don’t need to put in any extra effort. Everything is done literally in a few minutes and four simple steps:

1. Fill out the registration form with your personal information and then log in to the trading dashboard to complete the registration process. This will allow you to become a member of Axe Trader.
2. Make Your Account Selection—From the available options, Select your preferred account type, Broker, trading platform, account size, and add-on feature.
3. Use our unique code to get a Axe Trader discount, or decline it if you don’t need it.
4. A credit or debit card, as well as a cryptocurrency payment mechanism, are the options available to you when selecting your payment method.

The company ensures that each client can choose the most convenient way to deposit and withdraw funds. Today, Axe Trader offers the possibility of using cryptocurrency, PayPal, and any credit and debit cards to deposit and withdraw funds. The next part of Axe Trader prop firms is customer support.

The company pays great attention to the high quality of technical support for its clients, providing all possible communication options, including telephone, e-mail, Discord, and others. All assistance is provided in English, which is very convenient for residents of different countries. Live chat is also available 24 hours a day.

Conclusion our Review Axe Trading Firm

With its forthcoming Professional Trader Dashboard, Axe Trader bly emphasizes the trader experience. The company promises a streamlined and user-friendly interface that will increase trading efficiency. Furthermore, in contrast to typical prop organizations, Axe Trader does not impose any limits on a maximum or minimum trading day. This provides traders with the flexibility to adjust their trading activity according to their tastes and whether or not the market circumstances are favorable.

The profit-split strategy utilized by Axe Trader is unparalleled in its willingness to provide traders with a profit share that may range anywhere from 80 percent to 100 percent. Additionally, regardless of whether you are a scalper, a swing trader, or a devotee of news trading, the company is an open and welcoming environment for traders of all sorts. Because there are no restrictions placed on trading styles, traders are able to execute their plans with complete assurance, knowing that Axe Trader is completely capable of catering to their trading preferences.

Additionally, Axe Trader provides access to a wide range of fascinating worldwide prospects, including the possibility of trading full-time in dynamic locations such as London or Cancun, Mexico. This one-of-a-kind benefit makes the trading experience more enjoyable, and it also makes the lifestyle more enjoyable overall.

In addition to providing cutting-edge trading infrastructure, Axe Trader goes above and beyond by giving traders access to Axe TraderHub, an excellent resource center for materials and assistance. Traders may also reap the benefits of having access to trading psychologists, who guarantee assistance along their path in the trading industry.

Therefore, Axe Trader is the perfect choice for traders who are looking for a prop business that combines honesty, creativity, flexibility, and profitability. The gold standard in the world of prop trading is established by Axe Trader, which is distinguished by its outstanding reputation, extensive product choices, and unyielding dedication to the success of traders.