Comments on: Axi Select Incubation Program for talented traders

By: Sean Lee

Sean Lee — Tue, 22 Sep 2015 07:14:51 +0000

Not a silly question at all Avanish. The vast majority of people cannot afford to give up their jobs to chase after a dream which might not happen. So it is expected that traders will still have their normal jobs whilst in the incubation state. As soon as the trader moves to managing for professional investors, it would be strongly assumed that they are then full-time at this stage. Hope that makes sense? Cheers- Sean

By: Avanish

Avanish — Tue, 22 Sep 2015 07:09:04 +0000

Hi Sean,
Wonderful website and I like the seed funding concept.
However,if someone become a professional trader,can he keep this job going along with the primary job?
Sorry if my question is silly.

Thanks,
Avanish

By: Sean Lee

Sean Lee — Thu, 27 Nov 2014 10:22:58 +0000

No Raheem it’s primarily FX only as that’s our area of expertise and that’s where the development traders are needed.

By: Sean Lee

Sean Lee — Thu, 27 Nov 2014 10:21:23 +0000

Axi Corp has provided the seed funding so they obviously take all the risk on board in case the traders lose. The program pays between 20/25% commission (depends slightly on the level of the allocation) to the traders on all new profits made (high water mark) on a quarterly basis.

By: Raheem Suleman

Raheem Suleman — Thu, 27 Nov 2014 10:04:24 +0000

Is this only limited to FX or can we add CFD to this as well?

By: M.

M. — Thu, 27 Nov 2014 08:57:16 +0000

What is the downside risk for Axi? Will they provide the seed funding. How much will profit share be for someone who has proven him/herself and will be funded by Axi?

Thanks