Axe Trader Payout Cap Update: Faster Payouts?

Axe Trader has some great news! Axe Trader has reduced the Payout Cap from 12 weeks to 8 weeks, meaning traders can now request their payout after 8 legit trading days.

Once you’ve achieved the required or desired level of profitability, you may now request your first payout after just 8 legitimate trading days instead of 12. This 8-day trading period does not include weekends and only applies to the initial payout.

Axe Trader Payout Cap Update: Faster Payouts?

Legitimate Trading Day:

• Trade Duration: Trades must be held for over 1 minute.
• Profit or Loss: Each day must consist of at least one trade with a minimum profit or loss of 0.5%.

Payout Requests:

• Minimum payout request: $100
• Maximum payout request: $1,500 per week for accounts that passed an Evaluation and 8% of the starting balance for Funded Axe Accounts for the first 8 weeks.

What Happens After 8 Weeks:

• Axe Trader will review your performance after 8 weeks to decide whether to proceed with or without a payout cap.

If you are not flagged by the risk team, there will be no payout cap. Also, the firm will continue to monitor for proper risk management and adherence to their terms and conditions.

If flagged by their risk team during the initial 8 weeks, your participation will be terminated.

Note: Please note that Axe Trader reserves the right to place a payout cap or terminate accounts if proper risk management and adherence to their terms and conditions are not maintained.

About the Firm

Axe Trader provides individuals from all across the globe the opportunity to participate in a new path to trader funding. They understand that trading can be extremely challenging, which is why they support you in building good habits and the discipline that is mandatory for becoming a consistently profitable trader.

Also, use our Discount Code (FOREXPROPREVIEWS) for a 20% Discount or read the Review.