The Future of Trading: The Rise of Novice to Pro Traders
Funded trading has become a ubiquitous offering in the retail space, helping empower traders of all levels of expertise. With more opportunities than ever before, many traders are opting to join fu...
Funded trading has become aubiquitous offering in the retail space, helping empower traders of all levelsof expertise. With more opportunities than ever before, many traders are optingto join funded trading programs, necessitating the need for reliable providers.Finance Magnates checked in with Axi Select for their take on its growing freefunded trader program.
The Axi group through the AxiSelect program provides funding and a structured pathway for traders to reachtheir trading potential, while giving skilled traders a genuine platform tobecome professional traders and forge careers. Greg Rubin- Head of Axi Select outlinedthe group’s goals and program structure in an interview below.
Thanks for taking the time tospeak with us, let’s dive right in. I think we can all agree there is noone-size-fits-all-approach to a trading journey. What advice do you have fornovice traders just looking to enter the retail space?
Consistency always trumps over big wins. Its best for newtraders to use a demo or low-risk live account to understand their edge. Nobodyneeds to stop learning ever and we can all continue to do so for the rest ofour lives. We always encourage traders to treat this as a long-termprofessional journey — not a get-rich-quick scheme.
To this point, are there anypitfalls or traps newer traders should be cognizant of when embarking on thisexperience?
Absolutely. Some basic things stick out as recurringtendencies and should be avoided. This includes overleveraging, chasing themarket, and ignoring risk management. Each of which can be classified as themost common traps. Unfortunately, many new traders also fall for expensive “getfunded quick” prop schemes with unrealistic expectations.
At Axi , with the Select program, our goal is to guidetraders with structure and transparency. We also provide tools like the EdgeScore — a proprietary system that helps traders understand their strengths andweaknesses. The better the score, the more consistent and potentiallyprofitable the trader becomes. It’s a long-term framework built to help tradersgrow sustainably.
Empowering traders hascertainly been one of Axi Select’s core mandates. In what ways is the companydemocratizing the route to becoming a professional trader?
Axi Select removes the usual barriers and engenders everytrader with the power to succeed. There are no upfront costs, no evaluationphases, and traders keep up to 90% of their profits. We offer real capital toreal traders to trade live markets, not simulations. If you show consistency,we back you with funding — simple as that.
How does Axi Select helpmitigate or avoid inherent risks in traditional prop trading?
Unlike many traditional prop firms, Axi Select is a capitalallocation program, backed by a regulated broker. Traders can be assured of fund allocation andprofit payout once the program conditions are met. We don’t charge sign-upfees, and traders trade their own strategies in live market conditions withfull transparency. It’s about alignment and sustainability.
What gap does prop trading fill compared to traditionalretail trading? In what ways is Axi Select a better option for traders comparedto other firms out there?
Access to capital has been the bane of retail traders. Propfirms or capital allocation programs have since stepped in to fill that voidalbeit not effectively. Axi Select gives retail traders the best of bothworlds. The benefit of a brokerage platform with access to scale funding up to$1M and up to 90% profit payouts . All this without registration fees orrestrictive market conditions. We focus on growth , trading skill developmentand support — not quick churn.
So, what impact has Axi Select made since its launch?
We’ve seen incredible momentum with thousands of traders onthe program. We have paid out over $5.6M+ since launch as profit to ourtraders. Three traders have already reached the Pro-M stage — managing capitalallocations of $1 million US dollars each. And we’re just getting started!We’ve also got a 22-yr old trader who recently made it as the 3rdtrader since launch to access up to $1M in funding. We continue to supportthousands of traders to develop real skills to harness the opportunity in themarket.
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