Axiselect is a newly launched program providing opportunity for talented traders to gain financial backing. It is powered by Axicorp, an innovative margin Forex trading business headquartered in Sydney, Australia and comprises of AxiTrader, AxiPrime, and AxiSelect.
Axiselect was formed by AxiTrader, in conjunction with FXWW Market. The program is aimed at becoming an independent project which will attract retail traders with the skills and knowledge to succeed in the market over the long-run, as well as professional traders looking to expand their trading base. Experienced traders with successful and audited track records are also targeted for the project.
Heres what some of the Axiselect team members have to say:
“Opportunities for aspiring career traders have reduced over the past decade as banks and other financial institutions have scaled back their internal trading operations. The next generation of leading traders will therefore come from the retail trading space and we see AxiSelect as an important way of supporting and nurturing that talent”- Alex MacKinnon, General Manager of AxiCorp
“We’ve been working with AxiCorp on AxiSelect for several years so it’s great to be able to officially go live with the project and start welcoming aspiring traders on board”- Sean Lee, Program Director at FXWW
To be eligible for funding, the project requires that an account with a minimum balance of $10,000 be run with any broker of choice for a period of three months. Performance will be accessed based on risk management techniques applied, consistency of method and other yardsticks. Traders who then meet the performance standards will be qualified for funding.