Axi Select
CEO: Rajesh Yohannan
AustraliaTrustpilot: 4.1
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TP Score (0 reviews)
About Axi Select
Axi Select, based in Australia, was established in October 2007. It operates as a CFD firm and offers a single program type described as "1 Step." The firm supports the MetaTrader platforms MT5 and MT4 for execution and account management.
Key Information
Platforms
MT4, MT5
Max Accounts
1
Max Allocation
$1.0M
Min Days to Payout
30
Founded
—
Profit Split
—
Quick Stats
PlatformsMT4, MT5
BrokerAxi - AxiTrader Limited
Activation FeeNone
Drawdown TypesStatic
Payout FrequencyMonthly
Fee StructureOne-Time
Account TypeDemo & Live
Trading Rules
News Trading
Allowed
Weekend Holding
Allowed
EA / Bots
Allowed
Copy Trading
Allowed
Overnight Holding
Yes
Hedging
Yes
Scalping
Yes
Consistency Rule
Yes
HFT Allowed
No
Martingale
Yes
Swap Free
Yes
IP Consistency
No
Consistency Rule: Performance is gated by the Edge Score
News Trading Details: No restrictions on trading during news events.
Drawdown Basis: Equity
Drawdown Measurement: Absolute
Funding & Account
Fee Structure
One-Time
Account Type
Demo & Live
Fee Refundable
No
Free Trial
Yes
Free Retry
Yes
Reset Option
Yes
Buyback Option
No
US Traders
No
KYC Required
Yes
Account Currencies:
USD
EUR
GBP
CHF
PLN
AUD
CAD
HKD
JPY
NZD
SGD
Available Instruments
CFD
Payout Policy
Profit Split
40–90%
Payout Frequency
Monthly
First Payout
30 days
Processing Time
1-2 Business Days
Min Withdrawal
$100
Payout Methods
Astropay
Bank Transfer
Credit/Debit Card
Crypto
Fasapay
Neteller
PayPal
PIX
Przelewy24
Skrill
Scaling Plan
Conditions: Reach 7% Profit Target + Minimum Trading Days + Required Edge Score (50 to 90)
Increment: 2x to 5x of previous allocation
Max Allocation: $1.0M
Profit Split Increases with Scaling
Forex Details
Commission
$7.00 Round-Turn
Max Lot/Order
100
Spreads & Commissions
| Asset Class | Avg. Spread | Commission |
|---|---|---|
| forex | 0.0 – 1.0 pips | $3.50 per side |
| metals | 1.5 – 3.5 pips | 0 |
| crypto | — | 0 |
| indices | 0.5 – 1.5 pts | 0 |
| commodities | 2.0 – 4.0 pts | 0 |
Banned Countries (21)
Afghanistan
Belarus
Cuba
Democratic Republic of the Congo (Congo Free State)
Haiti
Iran
Israel
Maldives
Myanmar (Burma)
North Korea