A New Path to Trader Funding with Axe Trader

Axe Trader offers traders worldwide an innovative path to funding. They understand the challenges of trading and support traders in developing the habits and discipline needed for consistent profitability.

Who is Axe Trader?

Axe Trader Ltd., a proprietary trading firm, was founded on December 28, 2023. Based in London, UK, and led by CEO Rick Knight, Axe Trader offers three account types: a two-step evaluation, a one-step evaluation, and an instant funding program. They partner with ThinkMarkets as their broker.

Pros and Cons of Axe Trader

Meet the CEO: Rick Knight

CEO Rick Knight, a seasoned trader and entrepreneur, has over 30 years of experience. His inspiring journey from a struggling teen to a self-made millionaire by 28 showcases resilience and determination. During the pandemic, Rick’s trading skills were a vital asset, leading him to create Axe TraderHub to educate and inspire traders. Through Axe Trader and Axe TraderPro, Rick provides funding and full-time trading opportunities.

Funding Program Options

Funded Axe

• Account Sizes: $2,500 to $25,000
• Leverage: Up to 1:20
• Profit Target: 8%
• Profit Split: 70% to 100%
• Drawdown: Regular Funded Axe has locked drawdown; Aggressive Funded Axe has no locks
• Scaling Plan: Increase account size by 25% every 90 days with a 10% monthly profit target

Two-step Evaluation

• Account Sizes: $5,000 to $250,000
• Leverage: Up to 1:30
• Profit Targets: 8% (Phase 1), 5% (Phase 2)
• Profit Split: 80% to 100%
• Drawdown: 5% maximum daily, 10% overall
• Scaling Plan: Increase account size by 25% every 90 days with a 10% monthly profit target

One-step Evaluation

• Account Sizes: $5,000 to $250,000
• Leverage: Up to 1:20
• Profit Target: 10%
• Profit Split: 80% to 100%
• Drawdown: 4% maximum daily, 6% overall
• Scaling Plan: Increase account size by 25% every 90 days with a 10% monthly profit target

What Sets Axe Trader Apart?

Axe Trader stands out by offering three unique funding programs, an unlimited trading period, no minimum trading day requirements, first withdrawal after only 8 days, weekly future payouts, and a profit split scalable up to 100%. They also provide educational resources through Axe TraderHub and opportunities to trade full-time in Cancun or London.

Realistic Funding Goals

Axe Trader’s funding goals are realistic with achievable profit targets and manageable drawdown rules. The Funded Axe has an 8% profit target and average loss rules (3% daily, 6% overall). The Two-step Evaluation requires 8% and 5% profit targets for phases one and two, respectively, with 5% daily and 10% overall loss rules. The One-step Evaluation needs a 10% profit target with 4% daily and 6% overall loss rules.

Payment Proof and Broker

Axe Trader’s funded traders can find payment proof on platforms like Trustpilot and their Discord channel. They partner with ThinkMarkets, a premium online brokerage offering MetaTrader 4, MetaTrader 5, and ThinkTrader platforms.

Educational Programs

Axe Trader provides two unique educational programs:

TradersEdge: Mentor Group

• Rapid learning progression
• Tailored counseling and advice
• Group support and commitment

TraderPsyche: Mental and Emotional Education

• Enhanced concentration and emotional composure
• Consistency with trading goals
• Enhanced market effectiveness

Conclusion

Axe Trader is a reputable proprietary trading firm offering three realistic funding programs with excellent trading conditions. With no minimum trading day requirements, a first withdrawal after 8 days, weekly payouts, and a scalable profit split up to 100%, they cater to a wide range of traders. Their educational support and opportunities to trade full-time in exciting locations make Axe Trader a top choice in the prop trading industry.