Axe Trader Archives - Forex Prop Reviews https://forexpropreviews.com/tag/axe-trader/ We provide reviews, ratings, and the latest news for Proprietary Trading Firms. Mon, 12 Aug 2024 11:47:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://forexpropreviews.com/wp-content/uploads/2021/04/cropped-Icon-1-32x32.png Axe Trader Archives - Forex Prop Reviews https://forexpropreviews.com/tag/axe-trader/ 32 32 Axe Trader Official Launch of TradeLocker: A New Trading Platform https://forexpropreviews.com/axe-trader-official-launch-of-tradelocker-a-new-trading-platform/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-official-launch-of-tradelocker-a-new-trading-platform https://forexpropreviews.com/axe-trader-official-launch-of-tradelocker-a-new-trading-platform/#respond Mon, 12 Aug 2024 12:00:00 +0000 https://forexpropreviews.com/?p=57387 Axe Trader has officially launched TradeLocker, which promises to be a game-changer.

The post Axe Trader Official Launch of TradeLocker: A New Trading Platform appeared first on Forex Prop Reviews.

]]>
Axe Trader has announced the official launch of its new trading platform, TradeLocker. Designed to revolutionize the trading experience, TradeLocker promises to be a game-changer in the industry by offering traders a comprehensive and versatile platform unlike any other.

Axe Trader stands out in a crowded market by consolidating multiple leading trading platforms under one roof. This is a feature that sets Axe Trader apart from its competitors. The firm integrates access to MetaTrader, cTrader, DXTrade, Match-Trader, and its TradeLocker interface. Ultimately providing traders with an unparalleled range of tools and options. This makes Axe Trader the only firm in the industry to offer such a diverse and extensive trading environment.

Axe Trader Official Launch of TradeLocker: A New Trading Platform

Axe Trader is excited to bring TradeLocker to its traders as a comprehensive solution that caters to diverse trading needs. The platform integrates MetaTrader’s robust functionality, cTrader’s intuitive design, DXTrader’s and Match-Trader’s powerful analytics, and the innovative TradeLocker interface, all under one roof. 

TradeLocker is designed with the modern trader in mind, combining user-friendly design with powerful tools that cater to both novice and experienced traders. The platform aims to elevate the trading experience by providing seamless access to multiple trading environments, thus allowing traders to execute their strategies with greater flexibility and precision.

With the launch of TradeLocker, Axe Trader continues to solidify its position as a leader in the proprietary trading industry, offering innovative solutions that meet the evolving demands of the trading community. The firm invites traders to experience the future of trading by exploring the possibilities that TradeLocker has to offer.

About the Firm

Here are some interesting facts about the firm:

  • Profit Share of 70% up to 100%
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
  • No Regulations on Your Trading Style
  • Opportunity to Trade Full-time in Cancun or London
  • Access to Education through Axe TraderHub
  • Access to Trading Psychologists

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

The post Axe Trader Official Launch of TradeLocker: A New Trading Platform appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-official-launch-of-tradelocker-a-new-trading-platform/feed/ 0
Prop Firm Updates of July! ALL IN ONE! https://forexpropreviews.com/prop-firm-updates-of-july-all-in-one/?utm_source=rss&utm_medium=rss&utm_campaign=prop-firm-updates-of-july-all-in-one https://forexpropreviews.com/prop-firm-updates-of-july-all-in-one/#respond Fri, 09 Aug 2024 09:09:25 +0000 https://forexpropreviews.com/?p=57363 Presenting all the prop trading firm updates that occurred in the industry during July of 2024.

The post Prop Firm Updates of July! ALL IN ONE! appeared first on Forex Prop Reviews.

]]>
Howdy, guys, and welcome. Well, another month has ended, which means we’re here to present all the prop trading firm updates that occurred in the industry during July of 2024.

In total, we’ll be covering 15 prop trading firms that made some changes throughout July. These updates cover a wide range of changes from some of the industry-leading prop trading firms, reflecting continuous growth and improvements within the broader industry.

Prop Firm Updates of July! ALL IN ONE!

Now, without further ado and in no particular order, let’s dive in and take a look at some of the key updates that occurred in the industry during July.

FundedNext

Here are the Updates from FundedNext:

  • Introduced a Double Up Add-on
  • Introduced a New $100K Stellar Lite Account Size

Funding Pips

Funding Pips has rolled out a series of innovative updates designed to enhance the trading experience for their community:

  • Exclusive Update For Two-step Evaluation Payout Structure
  • Introduced a Minimum Trading Day Requirement of 3 Days
  • Reduced The Mandatory Holding Period of Trades To 1 Minute
  • Removed The 3% Rule On All Evaluations
  • Introduced Skrill, Neteller & Paysafe Card as New Payment Methods
  • Introduced Immediate Delivery of Credentials (Phase 2 & Phase 3)
  • Introduced FundingPipsX as A New Program

The5ers

The5ers have announced a pretty monumental addition to their payment options:

  • Introduced PayPal as a new payment method

E8 Markets

E8 Markets they’ve got some great updates as well:

  • Introduced a New $400k E8 One Account Size
  • Introduced a New $200k E8 Pro Account Size
  • Introduced E8 Track 1:1 as A New Program

FunderPro

They’ve made some significant changes in response to some Community feedback and some of their own investigation:

  • Increased The Duration of Free Trial to 2 Weeks
  • Discontinued Free Trials (Due to Risky Trading Behavior)
  • Introduced a Loyalty Program
  • Enhanced Its Economic Calendar

MyFundedFX

MyFundedFX they’ve made significant announcements:

  • Consistency guideline and payout rule update.
  • Removed consistency rule and adjusted leverage.

Finotive Funding

Finotive Funding has made some developments as well, and they have made a recent bold expansion. Let’s take a look:

  • Crypto Asset Expansion (140 New Instruments)
  • Introduced an Automatic Challenge Progression Feature
  • Introduced a Trading Terminal Within the Trading Dashboard

PipFarm

Let’s take a look at some updates from PipFarm:

  • Introduced Skill as a New Payment Method
  • They also introduced Neteller as a New Payment Method
  • Introduced a Telegram Customer Support Channel

City Traders Imperium

Let’s take a quick look at City Traders Imperium:

  • VPS and VPN Compliance Updates

The Funded Trader

Let’s take a look at The Funded Trader

  • Introduced Lifetime Reward Certificates

Axe Trader

Here are the Axe Trader Updates for July:

  • Introduced a New Legitimate Trading Day Criteria (Trade Duration Over 1 Minute & Trade with A Minimum Profit or Loss of 0.2%)
  • Introduced MetaTrader 4 & MetaTrader 5 as New Trading Platform Options

RebelsFunding

Let’s take a look at RebelsFunding:

  • Introduced a new payment method: Nigerian Naira

Goat Funded Trader

Goat Funded Trader has introduced some great updates as well:

  • Introduced Swing Plus Challenge as A New Program
  • Introduced KoraPay as a New Payment Method
  • Introduced a $5,000 Account Size for Goat Challenge
  • Introduced TradeLocker as a New Trading Platform Option

FTUK

Let’s take a look at FTUK:

  • Introduced a New Website Design
  • Announced New Account Offerings (Expected to Debut in August)

The Trading Pit

Last but certainly not least, we have The Trading Pit:

  • Introduced a New Prime One-step & Two-Step Funding Program

You can find the full details of these updates in the video:

These have been the updates and changes from some of the leading prop trading firms throughout July 2024. As we can see, the industry is evolving rapidly, and trading firms are always looking for ways to adjust and improve their offerings to traders. We anticipate the remainder of 2024 and beyond to be full of even more growth and innovations in the industry.

Also, don’t forget to check the Discount Codes we offer for Various prop firms.

The post Prop Firm Updates of July! ALL IN ONE! appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/prop-firm-updates-of-july-all-in-one/feed/ 0
Axe Trader Characteristics: Experience Superior Prop Trading https://forexpropreviews.com/axe-trader-characteristics-experience-superior-prop-trading/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-characteristics-experience-superior-prop-trading https://forexpropreviews.com/axe-trader-characteristics-experience-superior-prop-trading/#respond Fri, 09 Aug 2024 05:00:00 +0000 https://forexpropreviews.com/?p=57325 Discover Axe Trader unique trading characteristics, from diverse instruments to high-profit payouts.

The post Axe Trader Characteristics: Experience Superior Prop Trading appeared first on Forex Prop Reviews.

]]>
Axe Trader is making waves with many enticing characteristics for traders of all levels. With an impressive Trustpilot rating of 4.6 out of 5, the platform is gaining recognition for its reliability and trader-friendly features.

Axe Trader offers three unique funding programs designed to cater to a diverse range of trading strategies and experience levels. One standout feature is the “One Fee Double The Axe” promotion. This allows traders to pay once and attempt the program twice, although this offer is not applicable to other discounts or promotions.

The firm promises a professional trader dashboard that aims to provide an enhanced and streamlined trading experience. Axe Trader also boasts a large variety of trading instruments, including Forex pairs, commodities, indices, and cryptocurrencies. This ensures that traders have ample opportunities to diversify their portfolios.

Axe Trader Characteristics: for Traders of all Levels!

Unlike many other trading platforms, Axe Trader imposes no maximum or minimum trading day requirements, offering flexibility to traders. The company also has a scaling plan that allows traders to grow their accounts up to $5,000,000.

Traders can expect their first payout after just 8 days of trading, with subsequent payouts occurring on a weekly basis. Profit sharing is highly competitive, ranging from 70% to 100%, giving traders a substantial share of their earnings. Additionally, Axe Trader permits overnight and weekend holding, as well as news trading, with no restrictions on trading styles.

Axe Trader also offers the unique opportunity for traders to work full-time from Cancun or London, blending work with a desirable lifestyle. Furthermore, traders have access to educational resources through Axe TraderHub and can consult with trading psychologists to enhance their mental game.

With its comprehensive benefits and innovative approach, Axe Trader is ready to become a leading platform in the prop trading industry, attracting novice and seasoned traders looking for flexibility, support, and substantial growth opportunities.

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

The post Axe Trader Characteristics: Experience Superior Prop Trading appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-characteristics-experience-superior-prop-trading/feed/ 0
Axe Trader Temporary Suspension of PayPal: Alternatives? https://forexpropreviews.com/axe-trader-temporary-suspension-of-paypal-alternatives/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-temporary-suspension-of-paypal-alternatives https://forexpropreviews.com/axe-trader-temporary-suspension-of-paypal-alternatives/#respond Mon, 05 Aug 2024 16:00:00 +0000 https://forexpropreviews.com/?p=57097 Axe Trader temporarily suspends PayPal services, leading to complications with payment provider.

The post Axe Trader Temporary Suspension of PayPal: Alternatives? appeared first on Forex Prop Reviews.

]]>
Axe Trader recently announced a temporary suspension of its PayPal services. This decision comes in response to an overwhelming volume of payouts, which has led to complications with the payment provider.

In a statement addressed to its community, Axe Trader expressed, “We want to inform you that our PayPal services are temporarily paused due to an excessive number of payouts. We are actively working on resolving this issue with PayPal, and we appreciate your patience and understanding during this time.”

Axe Trader Temporary Suspension of PayPal: Alternatives Available

The suspension of PayPal services is going to be a temporary measure, with Axe Trader assuring its community that efforts are underway to rectify the situation. The firm has conveyed its commitment to resolving the issue swiftly to minimize disruptions for its traders.

To mitigate the inconvenience caused by the suspension, Axe Trader has introduced alternative payout options. These include payments through cryptocurrency and US/EU bank wire transfers. The firm hopes these alternatives will provide immediate relief to its community, ensuring that traders can access their funds without delays.

The announcement reflects Axe Trader’s approach to maintaining trust and transparency with its traders. The firm acknowledged the inconvenience the suspension might cause and reiterated its dedication to providing seamless service.

The temporary suspension of PayPal services by Axe Trader highlights the challenges financial service providers face when dealing with high transaction volumes. It also shows the importance of having diversified payment options to cater to the dynamic needs of users. As Axe Trader works to resolve the PayPal issue, its community remains hopeful for a swift resolution and continued smooth operation of payout services.

About the Firm

Here are some interesting facts about the firm:

  • No Maximum Trading Day Requirements
  • No Minimum Trading Day Requirements
  • Scaling Plan (Up to $5,000,000)
  • First Payout After 8 Days
  • Future Payouts on a Weekly Basis
  • Profit Share of 70% up to 100%

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

The post Axe Trader Temporary Suspension of PayPal: Alternatives? appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-temporary-suspension-of-paypal-alternatives/feed/ 0
Axe Trader Update: GooeyTrade – MatchTrader with TradingView https://forexpropreviews.com/axe-trader-update-gooeytrade-matchtrader-with-tradingview/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-update-gooeytrade-matchtrader-with-tradingview https://forexpropreviews.com/axe-trader-update-gooeytrade-matchtrader-with-tradingview/#respond Thu, 01 Aug 2024 12:00:00 +0000 https://forexpropreviews.com/?p=56973 Axe Trader latest update to GooeyTrade platform, introducing MatchTrader, enhanced with TradingView.

The post Axe Trader Update: GooeyTrade – MatchTrader with TradingView appeared first on Forex Prop Reviews.

]]>
Axe Trader has announced the latest update to its GooeyTrade platform, introducing the MatchTrader, which is now enhanced with TradingView charts. This integration aims to elevate the trading experience for their clients by providing advanced charting capabilities directly within the MatchTrader platform.

The new feature requires a brief download process when clients log into their platforms. Once the download is complete, users can seamlessly access the TradingView charting plugin within MatchTrader. This integration allows traders to utilize the comprehensive suite of TradingView charts without needing to switch platforms.

Axe Trader has announced the latest update to its GooeyTrade platform, introducing the MatchTrader, which is now enhanced with TradingView.

Axe Trader Update: GooeyTrade – MatchTrader with TradingView Charts

Key benefits of the TradingView integration include the ability to toggle the feature on and off, providing flexibility based on user preference. Clients will also have access to a variety of their favorite studies and tools, all designed to enhance their trading performance. TradingView’s award-winning charts are renowned for their user-friendly interface and extensive functionality, making them a valuable addition to MatchTrader.

So, Axe Trader’s commitment to continuous improvement and client satisfaction is evident in this latest update. By integrating TradingView charts, the firm ensures that its clients have access to top-tier tools that support informed trading decisions and improved market analysis.

The update shows Axe Trader’s dedication to providing cutting-edge solutions that cater to the evolving needs of traders. The integration of TradingView charts not only enhances the MatchTrader platform but also sets a new standard for trading tools in the industry.

Also, for more information, traders have to log into their GooeyTrade platforms and experience the new features firsthand. Axe Trader remains committed to delivering innovative solutions that drive success in the community.

About the Firm

Axe Trader provides individuals from all across the globe the opportunity to participate in a new path to trader funding. They strive to turn traders into professionals by offering them an opportunity to trade full-time. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $250,000 and receive up to 100% of their earned profits.

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

The post Axe Trader Update: GooeyTrade – MatchTrader with TradingView appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-update-gooeytrade-matchtrader-with-tradingview/feed/ 0
Axe Trader Top-Performing Traders of July 15-21 https://forexpropreviews.com/axe-trader-top-performing-traders-of-july-15-21/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-top-performing-traders-of-july-15-21 https://forexpropreviews.com/axe-trader-top-performing-traders-of-july-15-21/#respond Thu, 25 Jul 2024 16:00:00 +0000 https://forexpropreviews.com/?p=56592 Axe Trader has announced its top-performing traders for July 15-21 with outstanding performance.

The post Axe Trader Top-Performing Traders of July 15-21 appeared first on Forex Prop Reviews.

]]>
Axe Trader has announced its top-performing traders for the week of July 15-21. The firm takes pride in acknowledging the exceptional achievements of its traders, who have demonstrated outstanding performance and earned payouts.

Leading the list is Mukul K., who achieved a remarkable payout of $1,400.00. Mukul’s performance this week has set a high bar for excellence and reflects his deep understanding of market dynamics and trading acumen. Following closely is Tai T., with a payout of $1,350.00. Tai’s success shows his skillful trading strategies and consistent market insight.

Axe Trader Top-Performing Traders of July 15-21

In third place is Davy V., who earned $1,200.00. Davy’s impressive earnings highlight his ability to navigate complex trading scenarios. Luis P., securing the fourth spot, achieved a payout of $1,136.00. Luis’s success is a testament to his disciplined approach and sharp trading instincts. Finally, Enoch M. rounded out the top five with a payout of $910.00. Enoch’s achievement reflects his dedication and trading skills.

Axe Trader extends heartfelt congratulations to these top traders. Their outstanding performance not only exemplifies individual excellence but also contributes to the firm’s reputation for fostering top-tier trading talent. The firm remains committed to supporting and celebrating the achievements of its traders. They are encouraging a culture of excellence and innovation in the community.

The recognition of the top traders for the week of July 15-21 shows Axe Trader’s commitment to excellence and innovation in the prop trading world. As Axe Trader continues to grow and evolve, the firm looks forward to more remarkable performances and strives to maintain its position at the forefront of the prop trading industry.

About the Firm

Here are some interesting facts about the firm:

  • No Maximum Trading Day Requirements
  • No Minimum Trading Day Requirements
  • Scaling Plan (Up to $5,000,000)
  • First Payout After 8 Days
  • Future Payouts on a Weekly Basis
  • Profit Share of 70% up to 100%

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

The post Axe Trader Top-Performing Traders of July 15-21 appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-top-performing-traders-of-july-15-21/feed/ 0
Axe Trader Funding Difference – Pay Once, Try Twice https://forexpropreviews.com/axe-trader-funding-difference-pay-once-try-twice/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-funding-difference-pay-once-try-twice https://forexpropreviews.com/axe-trader-funding-difference-pay-once-try-twice/#respond Tue, 23 Jul 2024 07:45:00 +0000 https://forexpropreviews.com/?p=56446 Afraid of losing challenge accounts? Take advantage of Axe Trader Funding difference – Pay Once, Try Twice.

The post Axe Trader Funding Difference – Pay Once, Try Twice appeared first on Forex Prop Reviews.

]]>
Afraid of losing challenge accounts? Take advantage of Axe Trader Funding difference – Pay Once, Try Twice. Axe Trader has shared a reminder about its standout “Pay Once, Try Twice” challenge account offer. This provides traders with an exceptional opportunity to enhance their trading experience while minimizing financial risk.

With the “Pay Once, Try Twice” offer, traders can purchase a challenge account for the standard price and receive an additional attempt at no extra cost. This means that traders are granted the chance to try their strategies twice for the price of one account. This dual opportunity is designed to alleviate the fear of loss often associated with trading challenges and gives traders a better shot at success without incurring additional costs.

Afraid of losing challenge accounts? Take advantage of Axe Trader Funding difference – Pay Once, Try Twice.

Axe Trader Funding difference – Pay Once, Try Twice

The promotion shows Axe Trader’s commitment to creating a more supportive environment for traders. By offering a second chance without extra fees, the firm aims to reduce the pressure and financial strain that can come with proving one’s trading skills. This offer is particularly beneficial for both new and experienced traders looking to test their strategies under real market conditions.

The goal is to support traders by providing them with an additional opportunity to succeed, reflecting the firm’s dedication to fostering a less stressful and more empowering trading environment.

The “Pay Once, Try Twice” offer continues to be a key feature of Axe Trader’s offerings, helping traders make the most of their trading potential.

About the Firm

Here are some interesting facts about the firm:

  • Scaling Plan (Up to $5,000,000)
  • First Payout After 8 Days
  • Future Payouts on a Weekly Basis
  • Profit Share of 70% up to 100%
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed

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

The post Axe Trader Funding Difference – Pay Once, Try Twice appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-funding-difference-pay-once-try-twice/feed/ 0
Axe Trader New Trading Platforms: MT4 & MT5 https://forexpropreviews.com/axe-trader-new-trading-platforms-mt4-mt5/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-new-trading-platforms-mt4-mt5 https://forexpropreviews.com/axe-trader-new-trading-platforms-mt4-mt5/#respond Thu, 18 Jul 2024 07:35:38 +0000 https://forexpropreviews.com/?p=55986 Axe Trader has officially introduced the widely acclaimed MT4 and MT5 trading platforms for its traders.

The post Axe Trader New Trading Platforms: MT4 & MT5 appeared first on Forex Prop Reviews.

]]>
Axe Trader has officially introduced the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for its traders. This decision comes at a pivotal moment when several firms have opted to discontinue these platforms, citing recent developments and market dynamics shifts.

Moreover, after carefully evaluating market trends, Axe Trader is confident that reinstating these platforms will enhance the trading experience for its clients. The introduction of MT4 and MT5 by Axe Trader comes as a response to a withdrawal trend observed among many prop firms in recent months. This withdrawal was largely influenced by regulatory changes, evolving technological issues, and shifting preferences among traders. However, Axe Trader’s decision to embrace these platforms reaffirms its commitment to providing robust trading solutions that cater to both seasoned traders and newcomers.

Axe Trader has officially introduced the widely acclaimed MetaTrader4 (MT4) and MetaTrader5 (MT5) trading platforms for its traders.

Axe Trader New Trading Platforms: MT4 & MT5

Also, MetaTrader 4 and MetaTrader 5 are renowned for their advanced trading functionalities, intuitive interfaces, and extensive analytical tools. Traders have long favored these platforms for their reliability, customizability, and compatibility with a wide range of trading strategies. By reinstating MT4 and MT5, Axe Trader aims to empower its traders with access to cutting-edge tools that facilitate informed decision-making and enhance trading efficiency.

So, through MT4 and MT5, traders in the firm can benefit from real-time market analysis, automated trading capabilities, and seamless integration with a diverse array of trading instruments.

As Axe Trader embraces the return of MT4 and MT5, the firm remains committed to fostering a dynamic trading environment characterized by innovation, reliability, and client-centricity. This positions Axe Trader strongly amidst industry shifts, reinforcing its standing as a leader in the prop trading sector.

So, traders can now experience the enhanced capabilities of MT4 and MT5 on Axe Trader’s platform, marking a new chapter in the firm’s journey toward empowering traders worldwide.

About the Firm

Axe Trader provides individuals from all across the globe the opportunity to participate in a new path to trader funding. They strive to turn traders into professionals by offering them an opportunity to trade full-time. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $250,000 and receive up to 100% of their earned profits.

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

The post Axe Trader New Trading Platforms: MT4 & MT5 appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-new-trading-platforms-mt4-mt5/feed/ 0
Axe Trader Lowered Legitimate Trading Day Threshold https://forexpropreviews.com/axe-trader-lowered-legitimate-trading-day-threshold/?utm_source=rss&utm_medium=rss&utm_campaign=axe-trader-lowered-legitimate-trading-day-threshold https://forexpropreviews.com/axe-trader-lowered-legitimate-trading-day-threshold/#respond Mon, 15 Jul 2024 06:48:22 +0000 https://forexpropreviews.com/?p=55709 Axe Trader has lowered the required profit or loss percentage for a "Legitimate Trading Day"

The post Axe Trader Lowered Legitimate Trading Day Threshold appeared first on Forex Prop Reviews.

]]>
Axe Trader has shared an important update designed to make it easier for its traders to reach their trading goals. So, Axe Trader has lowered the required profit or loss percentage for a “Legitimate Trading Day” from 0.5% to 0.2%. This adjustment is set to streamline the process, enabling traders to meet the necessary criteria more quickly and efficiently.

This change means that traders now need to achieve a minimum profit or loss of just 0.2% each day to qualify for a Legitimate Trading Day. This reduction from the previous 0.5% threshold is an improvement, making it easier for traders to meet the criteria consistently. Additionally, once traders reach the required or desired level of profitability, they can request their first payout after only eight legitimate trading days. Notably, this eight-day trading period applies exclusively to the initial payout, providing a swift pathway to rewards for traders who achieve early success.

New Legitimate Trading Day Criteria:

  • Trade Duration: Trades must still be held for over 1 minute.
  • Profit or Loss: Each day must now consist of at least one trade with a minimum profit or loss of 0.2%.

Axe Trader Lowered Legitimate Trading Day Threshold

Axe Trader’s commitment to supporting its traders is evident in this latest update. By lowering the criteria for a Legitimate Trading Day, the firm is not only making the process more accessible but also reducing the pressure on traders to meet thresholds. This move is going to facilitate a smoother and more rewarding trading experience.

Furthermore, this update shows Axe Trader’s dedication to creating a trader-friendly environment in the competitive world of proprietary trading. By continuously refining its policies to better suit the needs of its traders, Axe Trader aims to foster a supportive community. This latest update is a testament to the firm’s proactive approach to enhancing trader satisfaction and success.

In conclusion, Axe Trader’s reduction of the Legitimate Trading Day criteria to 0.2% marks a positive development for its community.

About the Firm

Here are some interesting facts about the firm:

  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
  • No Regulations on Your Trading Style
  • Opportunity to Trade Full-time in Cancun or London
  • Access to Education through Axe TraderHub
  • Access to Trading Psychologists

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

The post Axe Trader Lowered Legitimate Trading Day Threshold appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/axe-trader-lowered-legitimate-trading-day-threshold/feed/ 0
Prop Firms Updates of June! ALL IN ONE! https://forexpropreviews.com/prop-firms-updates-of-june-all-in-one/?utm_source=rss&utm_medium=rss&utm_campaign=prop-firms-updates-of-june-all-in-one https://forexpropreviews.com/prop-firms-updates-of-june-all-in-one/#respond Fri, 12 Jul 2024 14:00:00 +0000 https://forexpropreviews.com/?p=55546 All trading firm updates from some of the leading prop trading firms that occurred during June.

The post Prop Firms Updates of June! ALL IN ONE! appeared first on Forex Prop Reviews.

]]>
Hey guys! Well, another month has ended, which means that we’re here to present all of the trading firm updates from some of the industry’s leading prop trading firms that occurred during June of 2024.

Now, in total, we’ll cover 18 prop trading firms that have made some changes throughout June. Yes, the industry has been busy. These updates cover a wide range of changes from some of the industry-leading prop firms, reflecting some continuous growth and improvements within the broader industry.

Prop Firms Updates of June! ALL IN ONE!

But without further ado, let’s dive straight into our list of updates that occurred during June.

Funding Pips

First up is Funding Pips.

  • They’ve announced the upcoming launch of Funding Ticks, a trading platform tailored specifically for futures prop traders. 

FundedNext

Next, FundedNext has made some changes.

  • They proudly announced the launch of their innovative FundedNext Toolkit, designed to empower traders with cutting-edge tools for enhanced market insights and trading success.
    • Among these are the News Feed for real-time updates, Forex Matrix for detailed currency pair analysis, Market Screener for identifying profitable trades, and the News Calendar for tracking key economic events. 

E8 Markets

Now, we have E8 Markets.

  • E8 Markets has introduced payout on demand across all account models.
  • Additionally, E8 Markets also launched a new raw spread account, offering tighter spreads and competitive trading conditions without any extra costs. 

Finotive Funding

Next up is Finotive Funding.

  • Finotive Funding has streamlined account purchases with the introduction of Apple Pay. This new payment method is expected to revolutionize the way traders engage with the prop firm.

MyFundedFX

Next in line is MyFundedFX

  • MyFundedFX has made a change, transitioning from ThinkMarkets to Zenfinex for traders using the DxTrade platform.
  • In addition, MyFundedFX introduced the Minimum Profitable Day Rule, requiring traders to achieve only three profitable days with gains of at least 0.5% until they hit their profit target. 

FTMO

Now, we have FTMO

  • FTMO has made a good change by supporting payments in the Nigerian Naira, making transactions easier and more convenient for traders. 

Alpha Capital Group

Next up is Alpha Capital Group.

  • They have launched the DxTrade platform, marking a return for US traders and offering them advanced trading solutions.
  • They’ve also announced the upcoming launch of Alpha Ticks, a platform designed specifically for futures prop traders.

The Funded Trader

Next up is The Funded Trader.

  • They’ve rolled out new automated risk checks to streamline the trading experience.
  • Additionally, they introduced Plane as a new payment method, providing enhanced flexibility for their global trading community.

TopTier Trader

Now, we have TopTier Trader.

  • TopTier Trader has launched a 24-hour payout feature, promising fast and reliable access to trader profits. If they fail to deliver within the specified period, traders will be compensated with an additional $1,000.
  • They also introduced innovative SMS and WhatsApp support services, setting a new standard in trader support and accessibility. 

PipFarm

Now, PipFarm is here.

  • They have announced a new partnership with Heron Copier, enhancing its services with a renowned trade platform compatible with leading trading systems like cTrader, MetaTrader4, MetaTrader5, and TradeLocker. 

Audacity Capital

Next up is Audacity Capital.

  • Audacity Capital has enhanced its communication with traders by introducing WhatsApp support. 
  • The firm also expanded its payment options to include a broader range of cryptocurrencies through NOWPayments.
  • They also introduced a free trial for traders to familiarize themselves with the challenge rules.
  • These updates also include reduced commission fees for Forex, metals, and indices trading. 

Blue Guardian

Moving on to Blue Guardian

  • They’ve reintroduced the Elite Challenge, offering multiple evaluation steps.
  • The firm also launched a brand-new trading dashboard.
  • They also implemented a Minimum Profitable Day Rule and reopened their services to traders in Pakistan and Vietnam. 

Axe Trader

Next up is Axe Trader.

  • They launched a new website design after weeks of effort. The refresh is very user-friendly and packed with innovative features aimed at better serving their community of traders.

Goat Funded Trader

Next in line is Goat Funded Trader

  • Goat Funded Trader has lifted their temporary ban on traders from Pakistan.
  • They also introduced the MTJ Copier, enabling seamless multi-account trading across various platforms. 
  • The firms also reintroduced the MetaTrader4 trading platform. 

Crypto Fund Trader

Moving on to Crypto Fund Trader.

  • They’ve announced the imminent launch of their Crypto Futures platform, designed to provide seamless access to futures trading without country restrictions. 

Glow Node

Moving on to our last few updates for this month.

  • Glow Node introduced a 2% floating drawdown warning system for their evaluation challenges. 

Lux Trading Firm

Next up is Lux Trading Firm.

  • Lux Trading Firm shared the launch of The Lux Broker, a new brokerage aimed at redefining the trading industry with transparency and, more importantly, trust.

FTUK

Last but certainly not least, FTUK

  • They have increased the maximum drawdown to 8%, providing more flexibility for traders.
  • They also introduced a minimum trading day requirement of 10 days per level for the first withdrawal request.

For the details of these updates, watch the Prop Firms Updates of June Full Video:

Well, these have been the updates and changes from some of the leading prop trading firms throughout June of 2024. We can see that the prop trading firm industry is evolving rapidly. Trading firms are constantly looking to adjust and improve their offerings to traders, and we anticipate the remainder of 2024 to be full of more growth and innovations within the industry. 

Lastly, don’t forget to check the Discount Codes we offer for various prop firms.

The post Prop Firms Updates of June! ALL IN ONE! appeared first on Forex Prop Reviews.

]]>
https://forexpropreviews.com/prop-firms-updates-of-june-all-in-one/feed/ 0