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Home.forex news reportAxi Select Capital Allocation Program Hits $1 Million in Funding

Axi Select Capital Allocation Program Hits $1 Million in Funding

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Axi, a global online trading service provider, has announced
that Francisco Quesada Godines, a trader, has reached a key achievement in its
Axi Select capital allocation program. Godines secured $1 million in capital
funding.

Axi Select Grants Traders Funding Access

“Francisco, has demonstrated exceptional talent and
commitment to the program. This milestone extends far beyond receiving
$1million in funding,” Greg Rubin, Head of Axi Select commented.

Axi Select is designed to offer traders access to capital
funding of up to $1 million and allow them to keep up to 90% of their profits.
The program requires no registration or monthly fees. Traders can use either a
Standard or Pro live account with unrestrictive trading conditions and a
variety of tools.

“It not only highlights what traders can achieve when
they trade consistently and can seize market opportunities to their advantage,
but it also underscores the power of an all-inclusive, trader-centric program
designed to unlock traders’ full potential,” Rubin added.

The program is only available to clients of AxiTrader
Limited. According to the firm, CFDs involve a high risk of investment loss. It
is not available to residents of AU, NZ, EU, and the UK.

AxiCorp Submits Bid for SelfWealth Acquisition

Meanwhile, AxiCorp Financial Services, operating under the
Axi brand, has
submitted a bid to acquire Australian trading platform SelfWealth
for 23
cents per share, valuing the deal at around USD 34 million, as reported by Finance Magnates. This bid
challenges Bell Financial Group’s offer of 22 cents per share, initiating a
bidding war.

SelfWealth’s share price has more than doubled recently,
with Bell’s bid already higher than the market value of 0.12 cents per share.
Axi has stated it is ready to expedite negotiations. The SelfWealth board
advised shareholders that no action is needed, as there is no guarantee of a
binding transaction.

This article was written by Tareq Sikder at www.financemagnates.com.



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