Axe Trader New Challenge and Account Updates

Axe Pro has just announced exciting new updates, including the launch of the Axe Pro Challenge designed for traders seeking greater flexibility. The challenge comes with a profit target of 8%, a daily soft breach drawdown of 2%, and a maximum allowed drawdown of 8%. There’s also a daily profit cap set at 2%.

For those interested, the pricing for Axe Pro accounts is as follows:

• $38 for a $5k account
• $78 for a $10k account
• $148 for a $25k account
• $248 for a $50k account
• $398 for a $100k account

One of the key features of this new challenge is the soft breach on daily drawdown. If a trader reaches the daily drawdown limit, their account will be locked for the day, but they can start fresh the next day. There are no payout caps, providing traders full freedom with their withdrawals.

In addition to the Axe Pro Challenge, there’s a new update for Funded Axe Accounts. Due to high demand, Axe Pro is now offering $50k funded accounts for just $1298. They’ve also removed the 8% profit target from this account, giving traders more control over their trades.

Axe Pro has also updated the minimum trading days for their accounts. Evaluation accounts now require only 5 days of trading, down from 8. However, funded accounts will maintain the 8-day minimum, ensuring consistency for all traders.

Lastly, there are adjustments to the payout caps and requests. For the first eight weeks, traders can withdraw up to $10k per month, and after that, there are no limits on withdrawals.

Here’s a breakdown of payout requests:

Evaluation Accounts:

• Minimum payout request: $100
• Maximum weekly payouts:
  • $2,500 for a $250k account
  • $2,000 for a $150k account
  • $1,500 for a $100k account
  • $1,250 for a $50k account
  • $1,000 for a $25k account
  • $750 for a $10k account
  • $500 for a $5k account

Funded Axe Accounts:

• Minimum payout request: $100
• Maximum weekly payouts:
  • $2,500 for a $50k account
  • $2,000 for a $25k account
  • $1,500 for a $10k account
  • $750 for a $5k account
  • $500 for a $2.5k account

These updates reflect Axe Pro's commitment to providing traders with more flexibility and control, whether they are starting fresh with the Axe Pro Challenge or taking advantage of the improved funded accounts.