Firm Overview
-
No broker / Simulated environment
-
MT4
-
MT5
-
Card
-
Crypto
-
PayPal
-
Skrill
-
Neteller
-
Bank Transfer
-
Bank Transfer
-
Card
-
PayPal
-
Skrill
-
Neteller
-
Crypto
-
Simulated
-
Simulated
About Axi Prop Firm
Axi Select is the free-to-enter prop programme from ASIC and FCA-regulated broker Axi, making it a structural outlier in a category dominated by paid evaluations. Traders comparing Axi Select vs FTMO or vs FundedNext typically do so because Axi Select charges no challenge fee and runs live from day one.
Where FTMO and FundedNext require upfront challenge fees of $100–$1,000+ on simulated accounts, Axi Select is completely free and starts traders on live broker accounts immediately. The 6-stage scaling path leads up to $1,000,000 in funding, competitive with Goat Funded Trader and Funded Trading Plus without any fee risk. The 80% split is lower than the 90% available at FundingPips but comes with no downside.
For traders searching Axi Select vs FTMO, FundedNext, or The Funded Trader, the pitch is zero cost, live execution, and regulated broker backing.
Instruments
Key Strengths & Limitations
Pros
- Completely free to join — no challenge fee required
- Live accounts from day one (real market conditions, not demo)
- ASIC and FCA regulated broker backing the program
- Up to $1,000,000 in funding across 6 progressive stages
- Up to 80% profit share
- Access to advanced educational content and live trading sessions
Cons
- Requires a minimum $500 live deposit to start
- 30-day wait required before progressing to each next stage
- Edge Score formula used for evaluation is not publicly disclosed
- Multi-stage structure takes significantly longer than standard prop challenges
- Not a traditional prop firm challenge format
- Not available in Australia, New Zealand, UK, EU, or US — major geographic restriction
Program Comparison
| Criteria | Axi Select (6-Stage) |
|---|---|
| Account Sizes | Seed ($500 deposit) → up to $1,000,000 |
| Time Limit | 30 days per stage |
| Profit Target | 5% per stage |
| Max Loss (Daily / Total) | Stage-dependent |
| Profit Split | Up to 80% |
| Leverage | — |
| Payout Frequency | Monthly |
| Copy Trading | — |
| Platforms | MT4, MT5 |
Firm Rules
Axi Select operates as a live-broker funded program, so all standard broker rules apply on top of the scheme’s own Edge Score evaluation.
Account Type
- Live account trading — all real broker rules apply at all times
Strategies & Automation
- No toxic strategies, latency arbitrage or market manipulation
- Standard broker T&Cs enforced at all times
Edge Score & Progression
- Edge Score evaluates strategy quality across multiple metrics
- Stage progression requires meeting both profit and risk criteria
Note: Because traders operate on a live broker account, broker-level risk management applies in addition to program rules.
Payout Policy
Profit Split
- Up to 80% profit share across scaling stages.
Frequency
- As accounts scale through the 6 progressive stages.
Methods
- Card, Crypto, PayPal, Skrill, Neteller, Bank Transfer, and regional methods.
Processing Time
- Standard broker payout windows.
Note: Live accounts from day one — real market conditions, not demo. Completely free to join.
Restricted Countries
-
United States
-
Australia
-
Japan
-
Iran
-
North Korea
-
Syria
-
Cuba
-
Sudan + OFAC/FATF sanctioned jurisdictions & European Union
-
New Zealand
-
United Kingdom