Axe Trader has lowered the required profit or loss percentage for a “Legitimate Trading Day”
Axe Trader has lowered the required profit or loss percentage for a “Legitimate Trading Day”
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:
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.
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