Axia Futures - opinions

  • Thread starter Thread starter lukas
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I came across some promotional info on videos showing $100,000 and £500,000 trading days by Axia traders. I also studied FCT Europe's Ltd financial statements. If their traders are regularly having days with such high profits then why is the company showing a negative profit and loss account (reduced by approx. £800k in 2018 which suggests that is the profit they made last year)? If we assume £800k is their 10% share of traders' profits, then traders made about £8M. Can anyone shed any light on the credibility of this company?
 
More like £4k. Let's see what you get:

8 Week Course (https://axiafutures.com/course/career-programme-july-2017/)
--2 Weeks of Introduction to Futures Trading (£1k)
--3 Weeks of "Order Flow Trading" (£1.5k)
--3 Weeks of training on vague, wishy-washy topics (£1.5k)

Seems like an insanely steep price to pay for information that is freely available online & at much cheaper prices.

I'm not sure if I can link to order flow web sites, but there's a few people providing plenty of free information & video courses & then there's also paid courses that would have over 50 hours of material for you at much cheaper rates. (I have doubts about how how profitable this 'order flow' thing is in liquid, deep markets saturated with algorithmic intelligence, but I don't know much about it).

How profitable is this business & its style of trading if it needs to charge its trainees £4k to start learning something? (And why is it that Optiver, SIG, Wolverine, Jane Street, Flow, FNYS and all the rest pay their grads enormous starting salaries knowing that a significant percentage of trainees will not cut it?)

Looks like this company goes under other names elsewhere, including one in Australia calling itself CYGNET which charges graduates $5,000... is that not suspicious? To me, CYGNET sounds like some kind of Russian hacking scam from a Terminator movie.

With all that said, do your own research and get in touch with them to see what they have to say and see if it makes sense to you. I'm sure they'll respond given the prices they charge.
Hi "thecrackfox", I've read your review about AxiaFutures where you said that you know some websites about order flow..I'm interested in it. Could you direct me to some of those? That would be very appreciated. Thank you
 
Hi everyone,

I'm a bit late but I wanted to make an update on this post because it's the first site you come across when you search for "Axia Futures review".
First of all I have taken 2 courses from Axia Futures (Footprint & Ladder Price) and I can say that the quality is there, they speak frankly without bullshit like "if you apply these methods next month you are one of the best traders and will make incredible returns".
They tell the truth about trading, that it will take effort in both your learning and your lifestyle to be among the most successful traders.
And the thought process when analyzing the market shows that they know what they are talking about, that they have experience with these tools unlike some marketers who have appropriated these tools for their business, and only spit out what they have heard or seen on the internet about these tools.

Btw, tradingschools.org has updated its review since they were able to see an insight of Axia.
https://www.google.com/amp/s/www.tradingschools.org/reviews/axia-futures-update/amp/
 
Hi "thecrackfox", I've read your review about AxiaFutures where you said that you know some websites about order flow..I'm interested in it. Could you direct me to some of those? That would be very appreciated. Thank you

Again, I'm a little late, but if it doesn't serve you, it will probably serve someone else. If you search these keywords on google or youtube you'll find a lot of free stuff talking about these tools used by Axia etc..
- Auction Market Theory
- Order Flow
- DOM / Price Ladder
- Footprint
- Volume Profile / Market Profile
- VWAP
 
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