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Axe Trader provides a unique opportunity for individuals around the globe to secure trader funding, offering a wealth of resources, personalized guidance, and a powerful platform tailored to various trading needs. By harnessing advanced technology and industry expertise, they assist traders in developing key habits, managing risks, refining strategies, and improving decision-making. Whether you’re a beginner or a seasoned trader, Axe Trader supports your growth with educational content, real-time market insights, and one-on-one mentorship. Their collaborative community encourages continuous learning and keeps you motivated. Partnering with Axe Trader means joining a network dedicated to your long-term success and profitability.

Introduction of Axe Trader

Company DetailsAxe Trader
CEORick Knight
Incorporation DateDecember 2023
LocationLondon, UK
Maximum Account Size of Funding ProgramsFunded Axe: $25,000
Two-step Evaluation: $250,000
One-step Evaluation: $250,000

Funding Programs

Funded Axe

Account SizeAccount Price
$2,500$128
$5,000$248
$10,000$378
$25,000$748
ObjectivesObjective Value
Profit Target8%
Daily Drawdown3%
Maximum Drawdown6%
Max Trading Period Unlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share70% up to 100%

Two-step Evaluation

Account SizeAccount Price
$5,000$98 (Single Axe Price: $48)
$10,000$198 (Single Axe Price: $98)
$25,000$298 (Single Axe Price: $198)
$50,000$398 (Single Axe Price: $298)
$100,000$698 (Single Axe Price: $598)
$150,000$1,098 (Single Axe Price: $998)
$250,000$1,698 (Single Axe Price: $1,498)
ObjectivesObjective Value
Profit Target (Phase 1)8%
Profit Target (Phase 2)5%
Daily Drawdown5%
Maximum Drawdown10%
Max Trading Period Unlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share80% up to 100%

One-step Evaluation

Account SizeAccount Price
$5,000$98 (Single Axe Price: $48)
$10,000$198 (Single Axe Price: $98)
$25,000$298 (Single Axe Price: $198)
$50,000$398 (Single Axe Price: $298)
$100,000$698 (Single Axe Price: $598)
$150,000$1,098 (Single Axe Price: $998)
$250,000$1,698 (Single Axe Price: $1,498)
ObjectivesObjective Value
Profit Target10%
Daily Drawdown4%
Maximum Drawdown6%
Max Trading Period Unlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share80% up to 100%

Comparison of the One-step Program

Comparison of Axe Trader & Smart Prop Trader

ObjectivesAxe TraderSmart Prop Trader
Profit Target (Phase 1)8%7%
Profit Target (Phase 2)5%5%
Daily Drawdown5%4%
Maximum Drawdown10%8% (Can be scaled to 28%)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Profit Share80% up to 100%85% up to 90%

Comparison of Axe Trader & E8 Markets

ObjectivesAxe TraderE8 Markets
Profit Target (Phase 1)8%8%
Profit Target (Phase 2)5%4%
Daily Drawdown5%4%
Maximum Drawdown10%8% (Can be scaled to 14%)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Profit Share80% up to 100%80%

Broker & Trading Platform

BrokerThinkMarkets
Trading PlatformDXtrade, cTrader, Match-Trader
Trading InstrumentsForex Pairs, Commodities, Indices, Crypto

Conclusion

To draw a final conclusion, Axe Trader is a reputable and trustworthy proprietary trading company that is managed by Rick Knight. They provide traders with an opportunity to choose between three unique funding programs. While working with them, you will be provided an account through ThinkMarkets and trade on the DXtrade, cTrader, or Match-Trader trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, and crypto. After considering everything that Axe Trader brings to the table, we can consider them an excellent choice within the proprietary trading firm space.

Axe Trader Review Details

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Axe Trader Review
8.5/10