Axi, a global Forex and CFD broker, has announced the one-year anniversary of its capital allocation program, Axi Select. According to the firm, the program distinguishes itself from traditional models in the prop trading industry by focusing on providing traders with a realistic chance to transition into professional trading.

Axi serves customers across more than 100 countries. The broker offers Contracts for Difference (CFDs) on various asset classes, including Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, shares, gold, oil, and coffee.

Axi Select Marks Year One

Axi Select is available exclusively to clients of AxiTrader Limited. Axi acts as the principal counterparty to all client positions. Additionally, the program is not accessible to residents of Australia, New Zealand, the European Union, and the United Kingdom.

According to Greg Rubin, Head of Axi Select, the program has made notable advancements in capital allocation by focusing on the potential of traders. He said: “This past year, we’ve seen Axi Select really stand out among other similar programs by providing real opportunities for success and growth.”

Axi Select provides access to funding up to $1 million USD and allows traders to retain up to 90% of their profits.

Want to know what makes Axi Select a game-changer for the trading industry? Check out our latest video!https://t.co/rX0ieokMne

Promoted by AxiTrader Ltd. We act as a principal counterparty to all of your positions. Not available to AU, NZ, EU & UK residents.

— Axi (@axi_official) October 17, 2024

Meanwhile, Axi has announced John Stones as its latest Brand Ambassador, as reported by Finance Magnates. Stones, a defender for the England national team, has played for Manchester City since 2016, making over 200 appearances and winning 13 trophies.

Program Reports Record Payouts

There are no registration or monthly fees to join the program. Participants can trade using either Standard or Pro live accounts, benefiting from unrestrictive trading conditions and a range of supportive tools.

Since its inception in 2023, Axi Select has attracted over 17,400 traders. The program experienced a record month in September, coinciding with its anniversary, as it disbursed over $440,000 in payouts to traders.