Axi Select Review 2026

100% free prop program by regulated broker

📍 Australia💱 Forex, Indices, Commodities📅 Updated Feb 2026
4.5
★★★★½
MyPropGenius Score
50-90%
Profit Split
$500-$1M
Account Sizes
FREE
Starting Price
Progressive
Evaluation

Overview

Axi Select is unique as a completely free prop trading program backed by the regulated broker Axi. Instead of paying evaluation fees, traders open a live account and progress through stages based on performance.

✓ Pros

  • Completely free to join
  • Backed by regulated broker
  • Up to $1M funding
  • Progressive scaling
  • No evaluation fees

✗ Cons

  • Lower initial profit split
  • Slower progression
  • Not available to US
  • Requires live account

About Axi Select

Operating from Australia, Axi Select serves traders globally through their online platform. 100% free prop program by regulated broker. With account sizes ranging from $500-$1M and a starting price of FREE, the firm targets traders looking for their evaluation program with accessible entry points.

The firm has established itself in the competitive prop trading landscape by offering 50-90% profit splits across their funded accounts. In this review, we break down exactly what Axi Select offers, how their rules compare to competitors, and whether the firm deserves a spot in your shortlist.

Challenge Structure & Evaluation

Axi Select offers an evaluation program designed to assess your trading ability before granting access to a funded account. The evaluation tests whether you can achieve consistent profitability while managing risk within defined parameters.

Account sizes range from $500-$1M, with challenge fees starting at FREE. As with most prop firms, larger account sizes come with proportionally higher fees but maintain the same percentage-based trading rules and profit targets.

Before committing to a challenge, we recommend reviewing the specific profit target and maximum drawdown rules for your chosen account size. Understanding these numbers relative to your average monthly return will help you assess the realistic probability of passing.

Trading Rules & Conditions

You'll have access to trade forex, indices, commodities. This covers the most popular trading instruments and gives you flexibility to apply different strategies across multiple markets.

Like all prop firms, Axi Select enforces risk management rules designed to protect their capital. These typically include a maximum daily loss limit, an overall drawdown limit, and potentially minimum trading day requirements. The specifics of these rules significantly affect your probability of passing and your experience on a funded account.

We recommend checking Axi Select's current rule documentation directly, as firms occasionally update their terms. Pay particular attention to whether the drawdown is calculated on a static or trailing basis, whether positions can be held overnight and over weekends, and whether there are any restrictions on trading during high-impact news events.

Profit Split & Payouts

Axi Select offers a 50-90% profit split on funded accounts. This places them competitively within the current market, where most firms offer between 75% and 90% to the trader. The profit split determines how much of your trading profits you keep after each payout cycle.

Payout frequency and processing times are equally important considerations. Look for firms that offer bi-weekly or even on-demand payouts, and verify the withdrawal methods available in your region. The most reliable firms process payouts within 1–3 business days and support multiple payment methods including bank transfers and cryptocurrency.

Who Is Axi Select Best For?

Traders particularly appreciate Axi Select for completely free to join, backed by regulated broker and up to $1m funding. These strengths make the firm a viable option for traders who prioritise these qualities in their prop firm selection.

On the other hand, potential drawbacks include lower initial profit split and slower progression. These are worth considering carefully depending on your specific needs and trading situation.

Axi Select is likely a good fit if you're looking for a firm with progressive evaluations, trade forex, indices, commodities, and want to start with a FREE entry fee. As always, we recommend comparing at least 2–3 firms before making your final decision — use our matching quiz for personalised recommendations based on your specific needs.

The Bottom Line

Best free option for non-US traders. The regulated broker backing provides security while the zero-cost entry removes financial barriers. Ideal for traders who want to prove themselves without upfront investment. With a 4.5/10 MyPropGenius score, the firm ranks well within our database of 200+ prop firms.

Our rating reflects the overall package — challenge structure, pricing, rules, payout reliability, and trader feedback. No single rating tells the whole story, which is why we encourage reading through the specific sections above to decide if Axi Select's strengths align with what matters most to your trading.

Ready to trade with Axi Select?

Visit their official site to explore challenge options, pricing, and get started.

MyPropGenius may receive compensation if you sign up through our links. This does not affect our ratings or review integrity.

⚖️ Our Verdict

Best free option for non-US traders. The regulated broker backing provides security while the zero-cost entry removes financial barriers. Ideal for traders who want to prove themselves without upfront investment.

Not sure if Axi Select is right for you?

Take our quick quiz to find the best prop firm for your trading style.

Find Your Perfect Match

Frequently Asked Questions about Axi Select

Axi Select is a proprietary trading firm that offers funded accounts to traders. As with any prop firm, we recommend researching recent trader feedback, checking payout proof, and starting with a smaller account size to verify reliability before committing larger funds.

Axi Select offers a profit split starting at 80%. Many prop firms increase profit splits for consistent performers through scaling programs, so your effective split may improve over time. Always check the official site for the most current terms.

Axi Select uses a 2-Step evaluation model. You'll need to hit the profit target while staying within the daily and overall drawdown limits. Focus on consistent, disciplined trading rather than trying to hit the target quickly. Most successful traders take 15-20 trading days.

Axi Select currently supports Forex, Indices, Commodities. The available instruments may vary depending on your account type and the trading platform you select. Check their website for the full instrument list and any restrictions on specific pairs or assets.

Payout speed varies by firm and can change over time. We recommend checking recent trader reviews and payout proof screenshots on forums and social media for the most up-to-date information on Axi Select's payout processing times.