Axi Select and Quarantine
An important trading point for Axi Select is the minimum equity. Minimum Equity is the only trading restriction we apply.
If you exceed the maximum allowable loss in your Allocation Account (10%), your account will be moved into quarantine.
Please Note: The 10% maximum loss is calculated based on the initial equity on entering the stage rather than their all-time high. This means that any additional deposit, made in the middle of the phase, will not contribute to minimizing the 10% loss.
When entering a quarantine period, all open positions in the Allocation Account will be closed, no further funding allocations will be made, and use of the Allocation Account will be paused until quarantine has been completed.
A quarantine period is scheduled to end two weeks from the date your account was first placed in quarantine, provided the account meets the stage qualifying criteria.
If at the time the quarantine period is scheduled to end, the account equity and/or Edge score are below the required level, you will not be able to commence the stage or use the Allocation Account until the requirements are met.
Quarantine periods:
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First quarantine: You will be invited back to the previous stage two weeks from the date the account was placed in quarantine, provided qualifying criteria have been met. For traders who have reached the Pro stages:
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- Pro Stage: Once you reach the Pro stage, should you drop to quarantine you'll be invited to return to the Pro stage.
- Pro 500: Once you reach the Pro 500 stage, should you drop to quarantine you'll be invited to return to the Pro stage (provided this is not your 3rd drop to quarantine).
- Pro M: Once you reach the Pro M stage, should you drop to quarantine you’ll be invited to return to the Pro 500 stage (provided this is not your 3rd drop to quarantine).
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Second quarantine: You will be invited back to the previous stage two weeks from the date the account was placed in quarantine, provided qualifying criteria have been met. For traders who have reached the Pro stages:
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- Pro Stage: Once you reach the Pro stage, should you drop to quarantine you'll be invited to return to the Pro stage.
- Pro 500: Once you reach the Pro 500 stage, should you drop to quarantine you'll be invited to return to the Pro stage (provided this is not your 3rd drop to quarantine).
- Pro M: Once you reach the Pro M stage, should you drop to quarantine you’ll be invited to return to the Pro 500 stage (provided this is not your 3rd drop to quarantine).
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- Third quarantine: You will be invited to rejoin the program at the Seed stage, provided qualifying criteria have been met. This applies to traders at any stage of the program.
Please Note: Quarantine does not apply to the Seed Stage.