One-Step Eval Profit Target: 10%
Two-Step Eval Profit Target: Step-One 8% | Step-Two 5%
Funded Account Profit Target: 5% (You must achieve a 5% profit target one-time to request a payout. No further targets need to be hit thereafter.)

One-Step daily loss limit is: 4%
Two-Step daily loss limit is: 5%
Funded Axe daily loss limit is: 3% (Applies to accounts created on or after May 9th, 2024 at 2pm EST.)

One-Step Leverage is: 1:20 FX • 1:10 Index • 1:10 Metals • 1:10 CMDTY • 1:2 Crypto
Two-Step Leverage is: 1:30 FX • 1:10 Index • 1:10 Metals • 1:10 CMDTY • 1:2 Crypto

Profit Split: 80/20 (Can upgrade to 90/10 and scale to 100% no split after hitting and maintaining a 10% monthly profit target for 6 consecutive months).

There are no maximum number of trading days.

There are no minimum number of trading days.

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.

There is no limit to the maximum number of open lots, but exercising proper risk management is essential. Gambling is strictly prohibited.

No, there are no inactivity time limits on our evals.

The inactivity time is 30 days.

No, a stoploss is not required, but not adhering to proper risk management practices, gambling, and excessively leveraging positions are strictly prohibited.

Yes, it is allowed to hold positions over the weekend.

Yes, you can trade during the news as long as pricing data from the Broker continues to be provided. However, please be aware that trading the news carries inherent risks, and we do not offer resets in the event of breaches due to higher-than-normal slippage. Not adhering to proper risk management practices, gambling, and excessively leveraging positions are strictly prohibited. We reserve the right to reverse any and all news trades.

No, Expert Advisors (EAs) are not allowed!

Yes, a 100% refund will be included in the first payout. Please note that this does not apply to the Directly Funded Axe Accounts.

Account Build-Up:
Once you’ve achieved the required or desired level of profitability, you may request your first payout after 8 trading days. This 8-day trading period does not include weekends and only applies to the initial payout. The minimum payout request is $100, and the maximum is $1,500 per week for the first 12 weeks, with no limit thereafter.

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.

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 Broker
• Utilizing non-public and/or insider information
• Front-running of trades placed elsewhere
• Trading in any way that jeopardizes the relationship that the Company has with a broker or may result in the canceling of trades
• Trading in any way that creates regulatory issues for the Broker
• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
• Utilizing 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 discretion
• Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity.  To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release.  Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any profit calculations.
• Entering 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 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.

Yes, Our Double Axe – Pay Once, Try Twice™ includes a one-time free reset. (Not applicable after you pass and get funded or on Funded Axe Accounts).

Yes, up to 1 million (maintain a 10% profit target for 3 consecutive months and we will increase your account size by 25%) And up to 5 million through Axe TraderPro.

Hedging is allowed. But not adhering to proper risk management practices, gambling, and excessively leveraging positions are strictly prohibited.

There is no restriction on Martingale.

Yes, there are swap fees associated.

cTrader | MatchTrader | DXtrade

You can use a trade copier at your own risk.

You can trade any products offered by the Broker, as such products may change from time to time. This includes FX pairs and CFD Indices, Metals, CMDTY, and Cryptocurrencies

Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Evaluation or Live Account.

Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Evaluation or have your Live Account taken away.

The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account.

Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $97,000 during the day. If your floating equity is +$3,000 on a $100,000 account, your new- day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $97,000.

The Maximum Drawdown set at 6% uses OPENING BALANCE – NOT equity.

Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Drawdown rule. Then for example let’s say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your Maximum Drawdown would still be $94,000 because it is a static Drawdown.

The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account.

Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new- day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.

The Maximum Drawdown set at 10% uses OPENING BALANCE – NOT equity.

Example: If your starting balance is $100,000, you can drawdown to $90,000 before you would violate the Maximum Drawdown rule. Then for example let’s say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your Maximum Drawdown would still be $90,000 because it is a static Drawdown.

Upon passing your Evaluation, you will receive an email with instructions on how to access and complete your Trader Agreement and submit your AML/KYC documents. Once the agreement is completed and supporting documentation is provided, your Live Account will be created, funded and issued to you typically within 24-48 business hours. Please note that it is your sole responsibility to provide the proper documentation for AML/KYC requirements. We do not offer refunds or assistance in the event that you are unable to do so.

The firm reserves the right to deny access to traders exhibiting reckless trading patterns or engaging in dishonest practices, such as windfall seekers and bad actors. In such instances, the trader will be refunded the evaluation fee and will be ineligible to trade with the firm.

Once you pass the Evaluation, we provide you with a live account, backed by our capital. The capital in your Live Account is notional and may not match the amount of capital on deposit with the Broker. A Live Account is notionally funded when actual funds in the account (i.e., the equity in a Live Account represented by the amount of capital) differs from the nominal account size (i.e., the size of the Live Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Live Account.

Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max Drawdown, stop loss and position limits apply.

No. We operate at an arm’s length with the Broker. All market pricing and trade executions are provided by the Broker and are not changed or modified by us. Additionally, we do not mark up transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.

For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by the Broker. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost- effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your Live Account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.

The rules for the Live Account are exactly the same as your Evaluation account. However, with a Live Account, there is no Equity Growth Target.

If I have a hard breach in my Live Account and there are gains in the account, do I forfeit those gains?

If you have gains in your Live Account at the time of a hard breach, you will not receive any portion of those gains.

When you are ready to withdraw the gains from your Live Account, click the Withdrawals button in your trader dashboard and enter the amount to withdraw. Once your withdrawal request is approved you can withdraw via any available methods.

After 8 trading days, traders can request a payout Monday through Friday, and the payout will be processed and paid on the following Friday. When a withdrawal is approved, we will also withdraw our share of the gains.

Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000. Your Maximum Drawdown will not be effected.

Note: This does not apply to the Directly Funded Axe Accounts.

We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.

Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program.

You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an evaluation.

Upon purchasing an Evaluation, you will receive access to a trader dashboard where you can monitor your Evaluation and Live Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.

Trading hours are set by the Broker. We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the Market Watch window of the platform and selecting Specifications from the dropdown menu.

Please note that holidays can have an impact on available trading hours.

We use the RAW accounts from the Broker. These accounts have commission charges for Forex and Equity Share CFDs. The other products do not carry a commission.

Charges come across in the name of Axe Trader Ltd.

When trading a Live Account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your gains.

Affiliates are given credit for introducing new Customers to your firm:
Customers are registered to an affiliate during Customer Registration (i.e., when the Customer account is created). This is a separate process from Checkout.

A Customer who creates an account that is NOT registered to an affiliate cannot be registered to an affiliate at a later point. At this point, they are no longer a new customer and therefore the affiliate has not introduced them to your firm.

A Customer who is registered to an affiliate will remain registered forever. An affiliate will receive affiliate credit for ALL orders from that customer for their lifetime.

We reserve the right to limit the number of open positions you may enter or maintain in the Live Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Live Account will be halted. We or the Broker reserve the right to refuse to accept any order.

Before you are issued your Live Account, you will be required to perform KYC via Veriff. We do not store any documents – all documents are sent through the Veriff portal for review. Once verified, you will sign your Trader Agreement and then be issued your Live Account.

Our Funded Account Promo IF AND WHEN AVAILABLE allows traders to purchase funded accounts with sizes ranging from $5,000, $10,000 and $25,000. These accounts must adhere to most of the above as well as the Objectives below, ensuring consistency and accountability in trading practices.

Objectives?

These objectives include:
– Profit Target: 5%
– Daily Loss Limit: 3% (Applies to accounts created on or after May 9th, 2024 at 2pm EST.)
– Max Drawdown: 6%
– Max Time: Unlimited
– Max Open Lots: Unlimited
– Inactivity Time: 30 Days
– Stoploss Required: No, but proper Risk Management is required
– Trade Multiple Accounts: Yes, as long as you do not violate the prohibited trading rules.
– Hold Over Weekend: Yes
– News Trading: Yes, you can trade during the news as long as pricing data from the Broker continues to be provided. However, please be aware that trading the news carries inherent risks, and we do not offer resets in the event of breaches due to higher-than-normal slippage.
– EA Allowed: No
– Refund: Not Applicable
– Payout Requests: Once you’ve achieved the one-time required 5% or desired level of profitability, you may request your first payout after 8 trading days. This 8-day trading period does not include weekends and only applies to the initial payout. The minimum payout request is $100, and the maximum is $1,500 per week for the first 12 weeks, with no limit thereafter.
– Free Reset: Not Applicable
– Scaling: Up to 1 million (maintain a 10% profit target for 3 consecutive months and we will increase your account size by 25%) And 5 million through Axe TraderPro.

Can I purchase multiple accounts: Yes, you can purchase as many accounts as you would like, but you cannot trade more than one account at a time.

While our Drawdowns are not Trailing, please note that after the first payout request, your Max Drawdown will be locked at your original starting balance.

If the Firm detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated, which may include forfeiture of any 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 Broker
• Utilizing non-public and/or insider information
• Front-running of trades placed elsewhere
• Trading in any way that jeopardizes the relationship that the Company has with a broker or may result in the canceling of trades
• Trading in any way that creates regulatory issues for the Broker
• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
• Utilizing 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 discretion
• Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity.  To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release.  Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any profit calculations.
• Entering 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.**

Why does the maximum drawdown lock at the original starting balance after the first payout request is approved?

Locking the max drawdown at the starting balance is a one-time deal to prevent gambling. There is no trailing drawdown.

It’s really fair and simple. Your drawdown becomes whatever profit you have left in your account after your first payout.

For example, you buy a $10,000 funded account and grow it to $10,500. Although you could request a $500 payout, it’s best to avoid doing so because your maximum drawdown is locked at your initial balance. Ideally, you should grow your account to $11,000 and then request a $500 payout, which leaves you with a maximum drawdown of $500.

Now, if you take that $10,000 account to $13,000 and request a $1,500 payout, your maximum drawdown will then be $1,500.

The more profit you leave in the account, the larger your drawdown capacity becomes.

Remember that the maximum drawdown locks in only once after the first payout, and from the second payout onwards, there’s no limit to how large your maximum drawdown can be.

Data shows that traders are prone to gamble after a payout because they feel they are playing with ‘house money.’ This behavior can be harmful to the firm and encourages poor trading habits.

By locking the max drawdown to the original starting balance, traders’ profits are put at risk, making them less likely to gamble. This not only safeguards the company but also helps traders develop better trading practices.

This model is not our invention; a respected firm that pays over $20 million monthly uses it successfully. They’ve cultivated a network of exceptional traders.

Our accounts are designed to encourage sound trading practices and guide traders toward consistent profitability.

We’re simply following a proven path, minus the unrealized profit – trailing drawdown required by the above referenced firm, while steering clear of the reckless race to the bottom that will drive many firms into bankruptcy and leave traders unpaid.

Furthermore, prior to any Trader receiving a funded account, the Firm and the Broker will review the Trader’s prior activities under the Firms 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.

Contest winners must adhere to the account objectives outlined in the FAQs, depending on the specific account they have won.

Are there any additional obligations for contest winners?
Yes, in addition to the account objectives, contest winners are required to change their social media Avatar to the Axe Trader approved Icon Avatar and leave an honest review on TrustPilot and Google. They must also remove all competitor links or promotions from their social media profiles and display the Axe Trader Discord Link instead. This must be maintained for a minimum of 2 weeks or for as long as the won account is active.

What happens if contest winners fail to comply with these requirements?
Violation of these requirements will result in the account being breached and confiscated. It is imperative that contest winners adhere to all guidelines and obligations associated with the won account.

The Axe TraderPro Program is an elite trading opportunity offered by Axe Trader, providing traders with access to larger capital sizes and potential full-time trading opportunities.

How can I qualify for the Axe TraderPro Program?
To qualify for the Axe TraderPro Program, traders must achieve a 10% monthly simulated profit target for 6 consecutive months in our 100K, 150K, or 250K evaluations. This achievement secures an interview with our Axe TraderPro team.

What are the benefits of joining the Axe TraderPro Program?
Joining the Axe TraderPro Program opens the door to potential full-time trading opportunities in the bustling financial hub of London or the sunny Caribbean beaches of Cancun. It also provides traders with access to larger capital sizes and additional benefits.

How can I seize this opportunity?
Seize the opportunity by achieving a 10% monthly simulated profit target for 6 consecutive months in our 100K, 150K, or 250K evaluations. This accomplishment will secure an interview with our Axe TraderPro team, paving the way for potential full-time trading opportunities in desirable locations.

Axe TraderPro Disclaimer:
Traders must achieve a 10% monthly simulated profit target for 6 consecutive months in our 100K, 150K, or 250K evaluations to secure an interview with our Axe TraderPro team. Meeting this requirement does not guarantee acceptance into the Axe TraderPro Program. The decision to accept traders into the program is at the sole discretion of Axe TraderPro Team.