Axe Trader

Once you’ve achieved the required or desired level of profitability, you may request your first payout after 8 legitimate trading days. This 8-day trading period does not include weekends and only applies to the initial payout.Legitimate Trading Day: A legitimate trading day must meet the following criteria:•⁠ ⁠Trade Duration: Trades must be held for over 1 minute.•⁠ ⁠Profit or Loss: Each day must consist of at least one trade with a minimum profit or loss of 0.2% of the starting balance.Payout Requests:•⁠ ⁠Minimum payout request: $100•⁠ ⁠Maximum payout request: $1,500 per week for accounts that passed an Evaluation and 8% of the starting balance for Funded Axe Accounts per week for the first 8 weeks.What Happens After 8 Weeks:•⁠ ⁠We will review your performance after 8 weeks to decide whether to proceed with or without a payout cap.•⁠ ⁠If you are not flagged by the risk team, there will be no payout cap, and we will continue to monitor for proper risk management and adherence to our terms and conditions.•⁠ ⁠If flagged by our risk team during the initial 8 weeks, your participation will be terminated.Note: Axe Trader reserves the right to place a payout cap or terminate accounts if proper risk management and adherence to our terms and conditions are not maintained. Additionally, traders flagged by our Risk Team will be placed on a permanent payout cap, will not be eligible to earn 100% of their profits, will not qualify for the scaling incentive, and will not be eligible to join the Axe TraderPro Team.Payout Schedule and Continuous Cycle:Your initial payout request will be processed within 24/48 hours, excluding weekends. From this point onward, you can request a payout every 7 calendar days, and each payout will also be processed within 24/48 hours, excluding weekends.Please note that any and all fees incurred will be deducted from the final payout amount.Once the process begins, each time a payout request is made, the account is locked for up to 24 hours for approval. Once approved, you can continue trading.If the Firm detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated, which may include forfeiture of any simulated earnings or fees paid to the Firm.Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:Exploiting errors or latency in the pricing and/or platform(s) provided by the BrokerUtilizing non-public and/or insider informationFront-running of trades placed elsewhereTrading in any way that jeopardizes the relationship that the Company has with a broker or may result in the canceling of tradesTrading in any way that creates regulatory issues for the BrokerUtilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accountsUtilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Axe Trader Ltd at their discretionEntering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.Not adhering to proper risk management practices, gambling, and excessively leveraging positions are strictly prohibited.**In the event prohibited trading is detected, the Firm reserves the right to take appropriate action, including breaches of accounts, for violations of these rules, which may result in loss of simulated profits and fees paid to the firm.**Furthermore, prior to any Trader receiving a funded account, the Firm and the Broker will review the Trader's activity under these Terms and Conditions to determine whether it amounts to Prohibited Trading. Should Prohibited Trading be identified, the Trader will be ineligible to receive a funded account.The Firm also reserves the right to disqualify or prevent any Trader from participating in the program for any reason, at the Firm’s sole and absolute discretion.

The requirement of 8 legitimate trading days allows us to identify whether you're a trader or a gambler, which is strictly prohibited. This happens only once. After building up your account, you can request a $100 minimum weekly payout and start receiving weekly deposits.

Our prices and rules are designed to ensure a win-win outcome for all parties. Therefore, we do not offer any refunds on evaluation or funded accounts.

Yes, you can purchase as many accounts as you would like. However, please note that you can only trade up to $250,000 (max allocation) at any given time.