This is a review of Axe Funding Prop, which is a growing proprietary trading company that offers traders funded accounts.
This review will cover Axe Funding Prop account types, profit splits, trading platforms, and evaluation programs.
For those wishing to trade with professionally managed capital and with flexible conditions, this review Axe Funding Prop is designed to help you cover everything you need to know.
What Is Axe Trader?
Axe Trader is a proprietary trading firm that allows traders to use the firm’s capital instead of their own for trading.
Traders use the firm’s capital after completing an evaluation process to prove their trading skills, strategy, and risk management.
The firm provides an array of account sizes and trading programs to accommodate trader preferences. To encourage disciplined trading, Axe Trader has rules that include daily loss limits and profit targets.
With the rules in place, traders can grow professionally and trade profitably in the structured environment provided.
Basic Information
| Feature | Details |
|---|---|
| Firm Name | Axe Trader (Axe Funding) |
| Type | Proprietary Trading Firm (Prop Firm) |
| Founded | December 2023 |
| Headquarters | N/A (Online-based, global access) |
| Trading Instruments | Forex, Cryptocurrencies, Commodities, Indices |
| Account Sizes | Multiple options, up to $5,000,000 |
| Leverage | Varies by account type |
| Profit Split | 70%–100% (depending on program) |
| Payout Frequency | Weekly (first payout as early as 8 days) |
| Trading Platforms | cTrader, Match-Trader, DXTrade |
| Evaluation Process | One-step and two-step evaluation programs |
| Daily Loss Limit | 3% (varies by program) |
| Max Drawdown | 6%–10% depending on evaluation |
| Trading Restrictions | Limited educational resources, mixed customer reviews, and some payout concerns |
| Overnight/Weekend Trading | Allowed |
| News Trading | Allowed with minor restrictions |
| Support Channels | Discord-based customer support |
| Unique Feature | “Pay Once, Try Twice” evaluation promotion |
| Pros | High profit split, flexible trading, scalable accounts, multiple platforms |
| Cons | Limited educational resources, mixed customer reviews, some payout concerns |
How to log in to Axe funding Prop firm
- Visit the Official Website
- Use a secure browser to access Axe Trader’s official website.
- Create an Account / Sign Up
- Hit the “Sign Up” or “Get Started” button.
- Fill in your email, full name, and a strong password.
- Comprised the conditions, please.
- Verify Your Email
- Find the verification link sent to your email by Axe Trader.
- Confirm your email and activate your account by clicking the link.
- Complete Your Profile
- Use your email and password to log in.
- Complete the personal details, contact info, and trading experience sections if applicable.
- Select an Evaluation Program
- Decide the account type (Single Axe, Double Axe, One-Step, Two-Step) you’d like to apply for.
- Take a look at the profit target, drawdown rules, and evaluation fees.
- Make the Payment (if applicable)
- Evaluation fees can be paid by credit card, crypto, or other methods as you prefer.
- Some programs offer the “Pay Once, Try Twice” option.
- Download Trading Platform
- Based on the account, you can download cTrader, Match-Trader, or DXTrade.
Funding and Price in Axe Trader
| Account Size | Single Axe ($) | Funded Axe ($) | Double Axe ($) |
|---|---|---|---|
| $5,000 | 48 | 98 | 98 |
| $10,000 | 78 | 178 | 128 |
| $25,000 | 198 | 378 | 248 |
| $50,000 | 298 | Not Provided | 348 |
| $100,000 | 498 | Not Provided | 548 |
| $150,000 | 898 | Not Provided | 948 |
| $250,000 | 1,498 | Not Provided | 1,548 |
What Platforms Does Axe Trader Support?
1. cTrader
cTrader is a professional trading platform for Forex and CFD trading. It has a user-friendly interface, advanced charting, and customizable indicators for technical analysis.
Traders can utilize automated trading via cAlgo, which allows for entirely automated strategies and is complemented with user-set risk management through stop-loss and take-profit orders.
cTrader has rapid order execution and is flexible in multi-account management, which is ideal for precision and flexibility for beginners and experienced traders alike.
2. Match-Trader
Match-Trader is a multi-asset trading platform that provides trading services for beginners and professionals alike. It combines Forex, commodities, indices, and cryptocurrencies.
Additionally, It provides automated trading and custom indicators which allow traders to design their own strategies within the platform.
Equipped with risk management capabilities like stop-loss, take profit, and trailing stops, disciplined trading is easily achieved.
Match-Trader maintains stable performance and is quick to execute, offering a seamless interface for trading.
3. DXtrade
DXtrade is a **new generation trading platform **which focuses on flexibility and automation. Supports trading on Forex, CFDs, and cryptocurrencies with multi-chart layouts, technical analysis, and custom indicators.
Automated-trading strategies and advanced risk management order strategies can be employed.
Scalable and customizable DXtrade allows users to configure the interface and tools from a wide range to fit individual preferences.
It is particularly well-suited for professional and active traders due to the efficient execution engine that minimizes latency.
Key Features of Axe Trader
Profit Sharing and Payouts
Axe Trader has a profit-sharing range between 70% and 100%. Traders can get their first payout after just 8 days, and then every week after that. It is possible to get 100% payouts under certain conditions. Trading with Axe Trader is profitable and efficient with their payouts.
Account Sizes and Leverage
Axe Trader accounts can scale up to $5,000,000, and account sizes are customizable. Each account type has different levels of leverage, with aggressive accounts offering more.
Trading Platforms
Axe Trader has a complete set of advanced trading platforms to offer in cTrader, Match-Trader, and DXTrade. Each of these platforms supports automated trading with custom indicators tailored to any level of trading.
Trading Rules and Flexibility
Axe Trader has a 3% maximum daily loss limit and a cumulative loss of 6%. Each trader has to reach an 8% profit in order to be eligible for payouts. Unlike other trading platforms, Axe Trader allows each trader to hold their trades for longer, over weekends, or during news, providing a lot more flexibility.
Pay Once, Try Twice” Promotion
Axe Trader is one of the few trading companies that allows their traders to pay for one try and get a second for free when trying to pass the evaluation process.
Does Axe Trader offer any bonuses?
Proprietary trading firms provide promotional campaigns by offering discounts on their evaluation or challenge fees to capture traders’ interest. Here at Axe Trader, limited-time pricing campaigns on our programs aim to ease access.
These promotional discounts ensure that traders secure funded accounts at prices substantially lower than what they would normally pay, easing their entry to trading using the company’s capital.
Currently, Axe Trader is running a discount on their challenge fees. This provides a great opportunity for new traders.
Pros And Cons
Pros:
Attractive Profit Sharing: The possibility of profit sharing up to 100% is enticing for traders aiming for maximum returns.
Rapid Payouts: Having payouts available as quickly as 8 days is great for traders who need quick access to their funds.
Adaptable Trading Terms: The option to hold positions overnight and over the weekend and trade during news events provides traders with the flexibility to use various tactics.
Multi-Platform Access: Having various trading platforms available to traders helps accommodate their unique trading styles and different strategies.
Accounts with Growth Potential: The option to scale accounts up to $5 million provides traders with greater potential to expand their accounts.
Promotions with Appreciation: The “Pay Once, Try Twice” promotion is a sign of the firm’s supportive initiatives for traders.
Cons:
Profit Sharing Model: Offering nearly 100% profit sharing causes some experts to question whether the business model is focused on trader profit derivation or on covering trader fees instead of trading profit.
Limited Asset Classes: Axe Trader has a restricted selection of trading instruments. The only focus is on Forex and CFDs for commodities, cryptos, and indices.
Mixed Customer Reviews: Customer experiences vary significantly. While reports regarding trading are positive, some customers are reporting issues related to payouts and support.
Lack of Educational Resources: The firm has minimal resources, which is clearly not beneficial for beginner traders who need some guidance.
Limited Support Channels: Axe Trader has a Discord server, which acts as the main support channel, but for some traders, this will not cover their needs.
Cocnlsuion
To conclude, Axe Funding (Axe Trader) is a proprietary trading firm that delivers what is expected in the industry, as it provides traders with funded accounts that are flexible, scalable capital, and high profit splits.
Axe Trader tailors to novice and seasoned traders alike with multiple account options, sophisticated trading software, and encouraging assessment plans.
Although there are a few drawbacks, the primary one being thin educational materials, for disciplined traders who wish to grow, Axe Trader is still a fair choice.
FAQ
Axe Trader is a proprietary trading firm that provides traders with the firm’s capital after passing an evaluation.
Forex, cryptocurrencies, commodities, and indices.
Accounts range from $5,000 to $250,000, scalable up to $1 million.
Traders can earn 70%–100% of profits depending on the program.
Payouts are processed weekly, with the first possible in 8 days.