Who Are Axe Trader Funding?
At its core, Axe Trader Funding is a proprietary trading firm that funds traders to actively trade the world financial markets. Launched in late 2023 and based out of London, Axe Trader Funding is a place for passionate traders to prove they can trade through a structured evaluation process. Once traders meet specific criteria, the firm provides them with a funded account, allowing them to trade larger sums than they might on their own. With flexible and adjustable account structures catering to both newbies and experienced traders, Axe Trader Funding is a significant player in the prop trading space.
Axe Trader Funding is on a mission to find and fund the best traders by offering professional trading opportunities, support, and training with risk capital. This approach helps traders focus on trading, not on worrying about their capital, thereby improving their chances of success.
What Are The Options For Funded Accounts?
There are several ways to qualify for a funded account with Axe Trader Funding, depending on your trading style and risk appetite:
- One-Step Evaluation: This streamlined process requires traders to reach a profit target of 10% without exceeding a 4% daily loss limit and a 6% maximum drawdown. This evaluation is perfect for traders confident in their ability to trade live with real capital quickly. Upon passing, traders receive a funded account.
- Two-Phase Evaluation: This more rigorous process requires traders to hit an 8% target in Phase One and a 5% target in Phase Two. This two-step process allows traders to prove consistent performance across multiple levels, reducing the risk for both the trader and the firm. It includes strict risk management protocols, such as a 5% daily loss limit and a 10% overall drawdown cap. Successful completion of both phases results in a funded account.
In addition, Axe Trader Funding provides several account levels, starting as low as $5,000 and scaling up to $250,000 or more, so traders can select an amount suitable for their trading objectives and skill level.
What Makes Axe Trader Funding Different From Other Prop Firms?
Axe Trader Funding sets itself apart from the competition with several unique features:
- Flexible Evaluation Options: The firm offers both one-step and two-step evaluation processes to suit different trading capabilities and timeframes. This flexibility allows traders to choose the path that best suits their trading style and experience.
- High Profit Splits: Axe Trader Funding offers an 80% profit split to start, which can increase up to 100% based on performance, providing a generous profit-sharing model that rewards efficient trading.
- Double Axe Feature: This unique feature offers traders a second chance to pass the evaluation without restarting from scratch, which is especially beneficial for those who might face an unexpected loss during their evaluation.
- Vibrant Community and Tools: The firm encourages trader growth through learning materials, a thriving trading community, and responsive customer service. This commitment to fostering trader success distinguishes Axe Trader Funding from firms focused solely on profit.
Is Getting Capital On Axe Trader Funding Realistic?
Obtaining capital through Axe Trader Funding is realistic if traders adhere to the firm’s guidelines and maintain discipline. The evaluation process is designed to test a trader’s ability to generate consistent profits while managing risk effectively. The targets are challenging but realistic for those with a consistent trading model. Additionally, the firm’s intuitive rules, like no minimum trading days and the Double Axe feature, provide traders with more opportunities for success.
Which Broker Does Axe Trader Funding Use?
Axe Trader Funding partners with third-party brokers to facilitate trading activities. The specific brokers are not publicly disclosed but are likely chosen based on their competitive trading conditions, such as low spreads, fast execution, and reliable platforms.
What Trading Instruments Does Axe Trader Hub?
Axe Trader Funding offers a wide array of trading instruments, enabling traders to diversify their portfolios and explore different market opportunities. These instruments include Forex, Commodities, Indices, and Cryptocurrencies, providing various strategies across multiple asset classes.
What Are the Rules & Restrictions on Axe Trader Hub?
Axe Trader Funding imposes specific rules and restrictions to ensure traders maintain disciplined risk management practices. These include profit targets, daily loss limits, and overall drawdown caps, designed to protect both the trader and the firm from significant losses. Non-compliance leads to the termination of the evaluation account, unless traders opt for the Double Axe feature for a second chance.
What Leverage Can You Use on Axe Trader Hub?
Leverage options vary depending on the trading instrument and account type, typically ranging from 1:20 to 1:30 during evaluation phases, allowing traders to take meaningful positions without excessive risk.
Axe Trader Hub Payout Proof
Axe Trader Funding Customer Support and Help
Contact Axe Trader Funding
Email: support@axetrader.com
Social Media Profiles
- Instagram profile with 2.9k followers
- Facebook profile has 12k followers
- X/Twitter profile has 1.5k followers
- Youtube channel has 256 subscribers and 126 videos
- TikTok profile has 229 followers and 1722 likes
- Discord group with 17k members
Axe Trader Funding Trust Pilot Reviews
Axe Trader Funding has a received great customer feedback from its traders on Trust Pilot. With an overall score of 4.9 out of 5 from 1,664 reviews.
Conclusion
In the world of proprietary trading firms, Axe Trader Funding has quickly proven itself to be a serious player. With flexible evaluation options, attractive profit splits, and exceptional support, it offers a compelling option for traders eager to trade larger amounts. The firm’s structure and resources are designed to help traders succeed, whether you are an experienced trader looking to size up or a beginner wanting to break into prop trading.
FAQ’s
The Double Axe feature offers traders a second chance to pass the evaluation without restarting the entire process. If a trader fails to meet the evaluation criteria on their first attempt, this feature allows them to try again without having to start from scratch, providing additional support and reducing the pressure during evaluations.
Traders can request their first payout just eight days after placing their first trade on a funded account. Subsequent payouts are available weekly, ensuring that traders have regular access to their profits.
Axe Trader Funding offers various account sizes to suit different traders’ needs. The minimum account size starts at $5,000, while the maximum account size can scale up to $250,000 or more, depending on the trader’s performance and chosen evaluation program.
Yes, Axe Trader Funding allows traders to trade a diverse range of instruments, including cryptocurrencies such as Bitcoin and Ethereum. This is in addition to other asset classes like Forex, commodities, and indices.
