What is an Allocation account?
The allocation account is where any funds provided by Axi will be deposited. Essentially, an Allocation Account is an Axi-funded account that allows traders to copy the trades they place in their Axi Select account based on a multiplier once you enter the Seed stage.
This mechanism enables traders to earn a monthly performance fee, which constitutes a portion of the profit generated from copied trades on the Axi Select Allocation Account. The performance fee is credited to the Axi Select trading account at the start of each month, reflecting the previous month's performance.
Withdrawal directly from the Allocation Account is not permitted.
The amount of funding that will be allocated and the multiplier available will depend on how far you have progressed through the program.