From 2000 to 2015, traders globally would be liable to all losses on their investments while either day trading, swing trading or trading equities, options, bonds and other contemporary financial instruments. FTMO changed the game being the first prop firm allowing traders to risk a little as possible to run a larger portfolio. Axe Trader, born in the UK, and has taken the money colloseum that FTMO built and made it 10X easier for traders to have access to prop firm money. You can ascend as a surge trader with Axe Trader and beat all the targets and financial goals you set out this decade. Surge Trader was a prop firm that failed due to financial insolvency, Let’s Find out how you can stay away from prop firms that are unsustainable.
Our capital, your skills
Getting caught up with the drama between prop firm CEOs to its affiliates to its traders has turned X into satire from the cold war. Fortunately for you, some companies love to avoid this drama and stay on top of cash flow to avoid ending up like Surge Trader or My Forex Funds, or True Forex Funds.
Axe Trader has a team of veterans from the financial industry who knows how to run and operate a successful business. Prop firms are only as successful as their traders payouts, as they payout traders from the traders who failed to pass the challenge phase. This is not a new fact, nor should it be. Axe Trader has always been consistent in paying out traders immediately and upholds the highest levels of honor and transparency in how its business is run. This level of management has never been seen with firms that have gone bust like Surge Trader etc.
To avoid selecting to trade with prop firms that are susceptible to shutting down due to inconsistent or lack of cash flow, you need to look at reviews from the social media handles of prop firms you wish to trade with. There will always be clues about prop firm traders experiences with regards to delayed payouts, hidden rules, firms failing their traders on purpose to avoid payouts etc. These are RED flags and should be avoided at all costs. Trust your gut, also Trust the reputation and credibility of the prop firm you trade with.
At the end of the day, there will be 1000’s more prop firms that will enter this industry on a regular basis, like the crypto meme era, your job is to be highly selective of crypto you trade with or you may end up going bust. So please refrain from trading with prop firms like Surge Trader, always chose a prop firm based on the experiences of the team. Axe Traders team has over 100 years of cumulative experience running a businesses globally, so be the axe and not the target.
Change how you select prop firms, be wise and make the smart choice:
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Begin your journey towards becoming a successful trader with Axe Trader: Assume Zero Risk - Keep upto 100% of the simulated profits!
Axe Trader Ltd. offers fee-based assessment services and facilitates connections with third parties for Potential Traders who meet specific criteria defined by Axe Trader (“Eligible Traders”). Our services involve evaluating the simulated trading performance and results of Potential Traders in certain virtual off-exchange foreign currency instrument pairs (“Forex”) and/or selected virtual contracts for differences (“CFDs”). We conduct data analysis based on simulated trading activities in demo accounts traded by Potential Traders through Axe Trader’s platform, utilizing data provided by a third-party broker. Our methods and techniques are established and maintained by Eligible Traders.
Axe Trader grants access to a third-party’s simulated trading platform, related demo accounts, and simulated trading information for the purpose of conducting data analysis and assessment services. This third-party offers Eligible Traders a simulated trading environment and an opportunity to earn a share of virtual trading gains generated in demo accounts, as specified in their agreement with the Eligible Trader.
Additionally, Eligible Traders acknowledge and agree, as outlined in their agreement, that the third party has the right to collect and use the data obtained from Axe Trader for their own benefit, including the option to replicate trading activities based on this data. The third party also retains the right to incorporate any information received from Axe Trader regarding Eligible Traders into actual live market trading, which they will conduct for their own account and at their own risk.
Theoretical performance outcomes should not be considered as reflective of real trading experiences and are typically formulated with the advantage of historical knowledge, which may either overstate or understate the influence of specific market factors such as limited liquidity and price fluctuations. Moreover, since theoretical trading does not carry financial risk, it cannot fully encompass the impact of various risk-related elements, including an individual’s or advisor’s capacity to manage losses or adhere to a specific trading strategy when confronted with trading setbacks.
