A prop trader is a professional who trades using capital provided by a brokerage or a prop firm, not their own funds. FX brokers, including AXI with its AXI Select program, offer opportunities for traders to become prop traders, allowing them to manage significant amounts of capital, potentially over 1 million USD. These programs are accessible to all traders, not just experienced professionals, and provide a platform to trade without the financial risks associated with using personal funds. The primary benefits include trading with large capital, earning profits from this capital, and avoiding personal financial risks. AXI Select evaluates traders based on their Edge Score and offers registration for interested participants to join their prop trader program.

Recommended Prop Trader Programs

FX brokers (FX brokers/FX companies) have started offering prop trader programs that allow anyone to become a professional trader.

At AXI, registration for the AXI Select prop trader program has begun.

Official Site (axi.com)

What is a Prop Trader? What is a Prop Firm?

In the FX industry, a prop trader is a professional trader who trades with funds provided by the FX broker (FX broker/FX company) where they have an account.

Prop firms are companies that provide funds to prop traders or employ prop traders.

Benefits of Becoming a Prop Trader

The benefit of becoming a prop trader is being able to trade with a large amount of capital.

At AXI Select, you are entrusted with managing funds up to and over 1 million USD.

FX Brokers with Prop Trader Programs

Below are examples of FX brokers and services that have prop trader programs.

• AXI
• PUPRIME
• Fintokei

In addition to the above, there are FX brokers that occasionally offer limited-time prop trader training programs and recruitments.

Prop Trader Programs Available to All Traders

AXI has started a prop trader program called AXI Select that any trader can join.

AXI began analyzing and assessing trader risks in 2016 and released the prop trader program called AXI Select in 2023.

Registration for traders interested in becoming prop traders has begun.

What is AXI?

How to Become a Prop Trader with AXI Select

Below are the steps to become a prop trader with AXI Select.

1. Open an account with AXI
2. Trade
3. Achieve an Edge Score of 50 or more
4. Register for participation

Start by trading to increase your Edge Score, then register for participation.

Start with AXI here

Mechanism of AXI Select

At AXI Select, the profits you can earn vary depending on your Edge Score.

Please pre-register to receive the latest information about AXI Select.

Register for AXI Select here

Example of Registering for AXI Select

Below is an example of what it looks like when you actually register for AXI Select.

AXI Select offers a chance for any trader aspiring to become a professional trader (prop trader) to participate.

Open an account and register here

FAQs to summarize the article

What is a prop trader?

A prop trader is a professional who trades on behalf of a firm using the firm’s capital, allowing them to manage significant amounts without personal financial risk.

What are the benefits of becoming a prop trader?

Benefits include trading with large capital provided by the firm, earning profits from managed funds, and no personal financial risks or margin calls.

Which FX brokers offer prop trader programs?

FX brokers like AXI, PUPRIME, and Fintokei offer prop trader programs, with AXI’s AXI Select being a notable program open to all traders.

How can I become a prop trader with AXI Select?

To become a prop trader with AXI Select, start by opening an account with AXI, trade to achieve a qualifying Edge Score, and then register for participation.

What is the mechanism of AXI Select?

The AXI Select program evaluates traders based on their Edge Score, which influences the potential profits traders can earn within the program.

Is there a registration fee for AXI Select?

No, there is no registration fee for AXI Select, but traders need to pre-register to receive updates and information about the program.

Can beginners apply for AXI Select?

Yes, AXI Select is open to all traders, including beginners, as long as they meet the program’s trading performance criteria.

What capital can I manage as a prop trader with AXI?

As a prop trader with AXI, you can be entrusted with managing funds up to and over 1 million USD depending on your performance and Edge Score.

Are there any risks involved in prop trading with AXI?

While trading always involves risks, prop trading with AXI minimizes personal financial risks as you are trading with the firm’s capital.

How does AXI support prop traders?

AXI supports prop traders by providing access to its capital, comprehensive risk management tools, and potential profit opportunities based on trading performance.