Axia Futures

Axia Futures
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
1.5

Summary

On the surface, Axia Futures looks highly impressive. They have a fancy looking trading office, excellent promotional videos, and the veneer of legitimacy.

However, just below the surface lies an infection of shady past affiliations, and a lack of transparency.

They expect users to pay a $5k fee to learn their ‘trading secrets’, yet can provide absolutely no proof of prior trading success.

I believe the owners and trainers are well meaning folk…but this is simply not enough. In actuality, there is nothing that truly differentiates Axia Futures from the myriad of other trading companies offering “the dream of day trading glory.”

Avoid.

Thanks for reading today’s review of Axia Futures

What is Axia Futures? The company specializes in teaching futures day trading.

Axia Futures is located in London, England and appears to have a very nice looking, yet cramped, retail office space. Contained within this small office space are a cluster of desks, chairs, and many computer monitors.

Axia Futures goes to great lengths to portray the business as a “trading floor.” There are many images of young people milling about, looking important, and supposedly doing what professional day traders are supposed to do.

It all looks so professional. As well as highly scripted and idealistically staged.

In addition to the highly scripted visuals of Axia Futures, there is also a multitude of promotional videos that convey a sense of excitement. That gives the impression that world markets are hyper connected into a laser like focus, and that Axia Futures has their finger plugged into this jet stream of trading excitement.

If I had to describe Axia Futures in the most succinct explanation, I would say that Axia Futures is an ‘arcade’ type environment. Where individuals pay a desk fee. And this desk fee (usually $500 per month) gives that person a place to sit and trade. Included are fast trading computers, multi monitor displays, and the opportunity to sit with fellow gamblers (oops, I mean fellow traders).

This ‘scene’ also provides an excellent backdrop in which to market trading products and services. In short, it has the veneer of legitimacy. And it looks quite fun.

Owners of Axia Futures

According to archive.org, the Axia Futures website appeared on the trading educational scene in early 2017.

According to their website, the company was founded by Demetris Mavrommatis and Alex Haywood.Axia Futures: Demetris Mavrommatis, Alex Haywood

Demetris Mavrommatis claims to be a “professional futures trader with 8 years experience, and one of the most consistently profitable traders in the world.”

However, according to a competitor and former business partner of Demetris, he is more hat than actual cowboy. Better at “selling the dream, than actually achieving the dream.”

Prior to starting Axia Futures, apparently, Demetrius and several other persons now working for Axia Futures worked at a very shady prop trading company named Futex.

Futex was a carbon copy of Axia Futures. It had a fancy office, lots of fresh face people milling about, plenty of trading screens and ‘important looking stuff’, promotional videos, and a heavy helping of selling the trading dream.

At Futex, all you needed to do was purchase thousands of dollars in trading courses, rent a desk, and make a deposit to begin trading. A typical trading arcade. Where the profits are made from selling the dream at $7,000 per person.

In spite of the fancy looking office, and fancy looking people….Futex turned out to be a massive scam. Long story short, $6 million dollars in trader deposits mysteriously disappeared. I have embedded the legal brief below…

GlobalInvestorGroup - Futex administrator finds £4

 

After the Futex ‘fiasco’, it appears that Axia quickly appeared, in hopes of filling the vacuum.

Axia Futures, another Futex?

Are the owners of Axia Trading essentially running the same scam as Futex Trading? Truthfully, it’s hard to tell. On the surface, it appears that the hand is simply wearing a new glove.

In spite of this, TradingSchools.Org decided to review Axia Futures with a fresh perspective. Maybe these former Futex trading wannabes had something positive to offer?

Axia Futures Live Trading Experience

During the summer of 2017, we decided to immerse ourselves into the Axia Futures trading room. Which includes a 14-day trial period, and then a reoccurring $100 per month fee.

What did we witness? Truth be told, it is a very entertaining environment. The ‘lead trainer’ is a guy named Brannigan Barret, and in my opinion, he really wants people to succeed. You can tell that he is pouring everything into these live trading sessions. But is Brannigan Barret simply a midget trying to qualify for the Olympic high jump? As good natured and helpful as he seems, is he really a full-time professional trader, as he claims?

At no time did we ever witness any live trading from Brannigan or any of the other traders at Axia Futures. Instead, the trading recommendations are served as live commentary. With little flashing dots on the screen that declare that somebody within the organization went either long or short in random trading instruments. It reminded me a fast paced dice game, where you never really knew what anyone was really doing, but it sure had the feel that something exciting and fun was happening.

Of course, exciting and fun does not pay the bills. What TradingSchools.Org really wanted to know? Do any of these supposedly professional prop traders have a verifiable track record? Unfortunately, they do not.

We reached out to Axia Futures and requested some sort of proof that anyone was live trading? And what were the trading histories of these supposed trading professionals? The company responded that everyone is a professional day trader, that trades successfully, but was unwilling to show any proof.

We explained that we truly wanted to spend $5,000 for the ‘career training course’, but we had to see something, anything that proved that these guys were actually trading. Nothing could be provided.

Instead, the company responded, “Just look at our professional offices, read our online reviews, judge our materials from the professional YouTube videos, talk to people.”

Sadly, in my experience, simply trusting people has not been a very profitable experience.

Wrapping Things Up

In my opinion, Axia Futures is all about ‘surface and texture’, there is little depth. And certainly no legitimacy.

The trading office is simply a prop. A showpiece. It is meant to exude confidence and diversion from what really matters. And what really matters…do any of these guys actually trade? Since they refuse to verify anything, then this appears to be nothing more than a fancy looking trading school. A sort of Donald Trump University, where your eyes are focusing on the glittery objects, you just need to spend $5k to learn the supposed secrets.

Another thing that irked me, these guys are heavy promoters of scalping with ‘order flow’ tools. Ok, that sounds fine and dandy…but you are scalp trading from London? All of your trades must travel across the Atlantic ocean, and then eventually find its way to the CME exchange? Highly unlikely. Geographically, this is a highly dubious claim. Scalp trading from the other side of the planet seems highly unlikely.

Of course, TradingSchools.Org could be wrong. But that would require some sort of proof that any of these clowns are actually trading. And trading successfully at that.

As it currently stands, no proof exists. Thanks for reading. As always, your opinions are appreciated.

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57 Comments on "Axia Futures"

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Leon
Guest

Update please

Demon
Guest

@Emmett Can you please update the current status regarding Axia Futures ???

tim
Guest

So what’s going on, has Emmett had further contact with Brannigan/Axia? Has there been progress in finding out trading profits/background etc as it sounds like there was an open invitation…

Demon
Guest

Ya it would be nice if Emmett says abt the current events with Axia futures

Demon
Guest

Did Axia futures provide any proof ?????

Guest
Guest
Futex was not a shady prop firm originally. They were around for years. Management somehow screwed the traders. Like a lot of firms, management saw a pot of cash sitting there and did something with it – spent it or invested it badly, who knows? But this isn’t a smoking gun – you have to understand that the issue came to light When Futex Traders (now Axia Traders) tried to withdraw PROFITS they’d made. So the fact the management ran off with the traders profits should tell you these guys are legit. As for the guy that claims a relationship… Read more »
Guest
Guest
I know most of the people who have worked at Futex and now have moved to Axia. Most of them have ever been successful traders(besides a couple we all know of), Brannigan was paid extra to talk on webcam because of his talent of speaking. Scalping the bund is what they teach traders because they don’t lose much money and normally end up even(flat) while futex was making money between the trades with the brokerage. Unfortunately, Axia doesn’t realize that and continues to teach this method. London is full of scams I don’t know of a single legit educator in… Read more »
Demon
Guest

Most of them have ever been successful traders , k sry for asking stupid questions but is it never been or ever been ???

F1 Fan
Guest
As others have alluded to, it is totally possible do scalping in London, even though it’s “from the other side of the planet”! We do have first world infrastructure over here, you know! I’m sorry, but that part of the review made me cringe – it is so off the mark. That said, it would be good if Axia could clarify where it stands relating to prop shop versus training company. A representative has stated in the comments that “Axia is not a prop shop” but the Career Programme on the Axia website talks about a route to be a… Read more »
Brannigan
Guest
Hi Emmett, I recently read your review on Axia Futures. Firstly, I commend you on taking the time to write these things. Information distribution is a valuable community share and Im sure you will save many people both time and money. However, I was very disappointed to read your review on Axia Futures because it is not fact based. You have made a set of assumptions and attempted to form an opinion on thin air. I think opinions are vitally important and I always believe in being critiqued. One of the key pillars of Axia ethos from the onset was… Read more »
Rob B
Guest
Brannigan, I am just curious which part of the article did you find false? Let start with: 1) They expect users to pay a $5k fee to learn their ‘trading secrets’, yet can provide absolutely no proof of prior trading success. Is this statement false? 2) Mavrommatis claims to be a “professional futures trader with 8 years experience, and one of the most consistently profitable traders in the world.” However, according to a competitor and former business partner of Demetris, he is more hat than actual cowboy. Better at “selling the dream, than actually achieving the dream.” Is the former… Read more »
Brannigan
Guest

Rob, I have invited Emmett to see the facts for himself at which point he will re-write the above article. Rather than me comment on what is fact based , I will let Emmett words do the talking. Axia is as transparent as can be and are happy to reveal the facts.

Luke
Guest
I know many of the traders in Axia as I used to trade with some of them in Futex. So let’s provide you with facts. If you were to do your research properly and collect facts which is what you have not done. Fact 1: Some of the traders at AXIA who used to trade at FUTEX were some of the Most successful traders at Futex until there entire accounts disappeared. If you dig down into your research deeper and obtained the liquidators records you will see that many of the traders lost substantial amounts of their personal trading accounts… Read more »
Michal
Guest
Luke, WTF. It’s not customer’s job to search for teacher’s track record. Anyone who teaches anything (piano, basketball, trading) should provide some proof that they have adequate skills (can play the instrument well, can win a match, can earn money trading). Why don’t you give those 5k to a homeless person who tells you he will make you rich on the stock market? Should we really be that naive? There is no problem for any successful person in any field to provide proof of their skill. It’s as easy as sending statements in pdf with their account numbers hidden. Or… Read more »
Nick
Guest

are u going after Linda Bradford Raschke next ?! she must be con ……she has not opened up her financial details for you to approve of. LOL

Mick
Guest

Why would they offer proof to some random guy ? By your logic then there has never been a profitable prop shop ever….. as noone have ever opened their private results to some random dude. Look… the content speaks for itself….. light years ahead of the retailer…..lucky to get a peek into the way the real pros trade. P.S i guess u also think these guys are scammers because they don’t publish thr private results for all and sundry !

Rob B
Guest
“Why would they offer proof to some random guy ?” Is that a serious comment? He is not a random guy, he is a potential client interested in their services. Or in Emmett’s case he can also be a blogger wanting to do an article on them. So by your logic a potential client is just suppose to trust these con artist without them ever showing any proof. This is like say if you are hiring a roofer, why should the roofer you want to hire offer any proof what so ever they ever roofed a house. This entire industry… Read more »
killerbee
Guest
hey emmet, thanks for the Review. i purchased the order flow Course and the volume Profile Course and i can add a few Things: the order flow course is good, i think i can give 4 of 5 stars. but the volume profile course is really crap, 2 of 5 stars from me. he shows you how the profile develops and gives you advice how to play these scenarios, but he tells you BEFORE the volume profile develops and comments as it develops. i think you cant make any money with it bc how the hell do you know what… Read more »
Brannigan
Guest

Send an email to the [email protected] and lets see if we can get better understanding of why you didnt like the profiling course and what we can do to ensure you gain the value to purchased.

Mike
Guest

I have taken the Volume Profiling course & I consider it best available in industry. No course I have taken discuss strategies that Axia has discussed…that too in detail for all 11 in total with market replay.

Overall structure of the course is really awesome. especially Volume Context which I find very important.
Thanks Bran for course.
Shortly I plan to join Live streaming… the Youtube content I went through is awesome but just require more time with theory before I jump into next level.

To Bran, Richard & Alex… Keep it up!

-Mike

TheDude
Guest
Well Emmett, not saying that you’ve got it wrong this time because yes, there is no written proof. But you should have dug a little deeper to cover up the background of those guys. Did you know that Futex was home of Sarao? He made 30M and I’m sure no statement is necessary to proof that since he’s under investigation 🙂 Also, it’s pretty easy to tell the difference between an X_Trader Demo and a real account…and those shown in the videos are definitely real accounts. When it comes to their methods, I don’t know what they teach, but I’m… Read more »
Rob B
Guest
“The amount of knowledge they have is real and I’m not quite sure if you are qualified enough to review them.” There is a lot you wrote I could comment on but tied up this morning so I will be brief. If the greatest mastermind of our time is not qualified then I guess you are suggesting you are. But here is the rub, you have not shown anything that shows you are qualified. You claim to be scalping successfully, so to show you are qualified as you stated, maybe you could start by showing Emmett those brokers statement of… Read more »
TheDude
Guest

Well, Rob. I’m not selling anything so I’m not quite sure why I would show my statements to anybody.

All I wanted to say is that those guys are not even close to the scum Emmett is usually reviewing. How would you know if a yield trade is viable if you don’t even know how to calculate DV01 for Bunds?

So this is not about Axia being legit or not. I’m just annoyed by the sloppy review

Rob B
Guest
The point of you showing proof was because it seemed you were stating Emmett is not qualified to evaluate them but you are. If that is the case then the credentials of the expert evaluator are important. I must say I do not follow your arguments. This is an evaluation on this particular company not on scalping per se. So what part do you disagree with. Lets go through it. Do you disagree with this statement: “Prior to starting Axia Futures, apparently, Demetrius and several other persons now working for Axia Futures worked at a very shady prop trading company… Read more »
TheDude
Guest
Look guys, I think you are on the wrong track here. I’m not vouching for anybody and I don’t give a flying fuck about Axia. But I have a prop background myself and trade on my own account now. So your guys angle is: “They sell expensive courses with all that glam and glitz, they show no statements so they must be a scam.” Fair enough My angle is: Those guys are definitely another breed than those muppets who usually are reviewed here, so I’d put a little bit more effort into a review. They have a prop background and… Read more »
Mike M
Guest
The Dude, You said you don’t give a flying fck, but you commented 3 times. Also, you don’t know the level of the people commenting on here as well. There are people that are in the know and some just trying to not get raped by 99.99% of the educators out there. I think the bar Emmett set was very low. Nobody would glean an insight into their trading by just verifying that they trade live. If you think that is too much then that’s great, you are entitled to your opinion. IMO, scalping the DOM alone with TT, the… Read more »
Amitc
Guest

I think Rob asked for proof not because he thinks you are selling something but because you are vouching for someone who has received a negative review & trying to portray yourself as someone who knows trading/scalping. Most of the times such people are owner,partner , associate, employee or someone who have personal interest in the said scam operations. Broker statement would be one way to prove you are not one of them & know trading as claimed.

pipandrun
Guest

Broker statement doesn´t help. I had one of a trader claiming he is succesful and the broker statement was overwhelming. (it was obviously one and the best of a dozen). I visited him at his trading office in switzerland. Very smart guy. He has been in jail before I visited him. I didn´t know that. He went to jail after I visited him.
I´ve got fooled a few times. Now I trade on my own and it works. The one and only question is: are you trading or teaching? Both doesn´t seem to work in the same time.

Mike M
Guest
The Dude, You make solid points. You are not selling anything no need to c your statements. I just dont know why a group that is selling expensive education wouldnt at least show some statement that they trade live. It would only improve their business and dramatically increase their traffic. The 2 guys on here get there statements audited and are killing it in web traffic. It just is not logical to me. They must know 99% of trade rooms are frauds. Why not legitimize your business and do that? It is not logical reasoning or smart business unless you… Read more »
GemBow
Guest

“I’m not quite sure why I would show my statements to anybody.”

Because that would legitimize your claim “scalping with the DOM works and always will.”

Michal
Guest

There are plenty of losing traders who open positions worth 500k, similarily there are plenty of BMW drivers who are not good drivers.

Lukas
Guest

You did not mention they offer execution facilitation and co-operate with FCT Europe and Macquarie Futures, both very reputable names in the industry, with a long history. They are not a scam – they do not claim they guarantee you will make millions trading futures. All they do is teach people how they can possibly do it and allow them to trade through them with very low commission rates and no monthly desk fee if you trade remotely – a fair deal, I think

Michal
Guest

Reputation means nothing in finance. Madoff had excellent reputation, the same with Goldman Sachs, Citi and DB which all scammed their customers and lost huge money on lawsuits. This is cruel world with everyone fighting for their own profits. Never ever ever ever trust anyone in finance.

Mike M
Guest
Here we go again…I say BS. 100% BS!!! I know if I made millions scalping the futures market and sold 5K courses, I would prove it to everyone then I would be the largest trading educator from the proof then I would have to hire a much larger staff to keep up with the new clients. HAHA, too funny. These guys probably go to the bars around London and tell the poor women their that they are big time traders, in their own mind I would say. I wonder if SIM bucks can be converted to Euros? Another group of… Read more »
Cyn
Guest

Only snake-oilers claim to be able to spend SimBucks.

Cyn
Guest

If you are one of those who voted this down, you must be a snake-oiler yourself, or you are just too plainly stupid to deal with.

Mike M
Guest

Cyn,

Are you referring to me?

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