Apex Trader Funding

Awful experience with this prop firm. I have bought an account with them and passed with profits but it somehow seems impossible to take out my funds. Run away from this company because they're only after your money. They're used to a sudden change and also bringing new rule that will be demanding for more money from you. Avoid this company at all costs. I have enough experience about all these things now and would only take to my mom advise being on "Morewins.

Awful experience with this prop firm. I have bought an account with them and passed with profits but it somehow seems impossible to take out my funds. Run away from this company because they're only after your money. They're used to a sudden change and also bringing new rule that will be demanding for more money from you. Avoid this company at all costs. I have enough experience about all these things now and would only take to my mom advise being on "Morewins.

The 30% consistency rule is too small, drawdown could be a little bigger You take my payment for the evals right away but take couple weeks to pay me for pa's

The 30% consistency rule is too small, drawdown could be a little bigger You take my payment for the evals right away but take couple weeks to pay me for pa's

Eh. Its fine...

Eh. Its fine...

I am giving a 3 Star because the prompt response I received on 3rdFeb after sending a help ticket on 2nd Feb from Michael Perry-Oliver as to how to check my payout status and when to expect it to be paid deserve a 5 Stars. While APEX payout system deserve a 1 Star as I would consider the way it works causes a lot of delay and high probability of those rules being triggered resulting in a trader's profits being held in the account without getting paid for all the hardwork which a trader deserve netting them the resulting rating is 3 Stars. This also cause a trader in order to get paid could only made less trades and close for lower profits or holding for higher profits inorder to meet the 5:1 rules when closing a trade which could result in hitting the 30% trailing rules for drawdown risk as these two rules contradict each other resulting in the trader being denied of payout. These consequences could result in a trader getting their payout in more than a month of trading as in my case and experience, while APEX rules says a trader can get paid after 8 trading days. In order to get paid in 8 trading days traders need to put their skills around the rules and trade double carefully to ensure not hitting those rules inorder to get paid for their hardwork and not just making profits end of the day resulting in profits and no payments which most trade experience. Although APEX, revise its new payout rules with the intention to provide smoother and faster payouts in late 2024 as understand by its traders but this is not the case. There are many rules put in place which made also made it difficullt to receive payout as mention above and my case I had been consistently making profits for 26 trading days and first 8 days denied(bad risk management) next 8 days(approved but delayed) due to Plane set-up and need wait a further 5 to 8 working days, now already 6 working days but payment not scheduled even though this is scheduled, still need to wait a further 3-5 working days after system shows paid for money(or payment scheduled) to hit bank account. While for my next payout request in two days time I dont know what will happen and still wait for money for second payout request as of now. This is no good.

I am giving a 3 Star because the prompt response I received on 3rdFeb after sending a help ticket on 2nd Feb from Michael Perry-Oliver as to how to check my payout status and when to expect it to be paid deserve a 5 Stars. While APEX payout system deserve a 1 Star as I would consider the way it works causes a lot of delay and high probability of those rules being triggered resulting in a trader's profits being held in the account without getting paid for all the hardwork which a trader deserve netting them the resulting rating is 3 Stars. This also cause a trader in order to get paid could only made less trades and close for lower profits or holding for higher profits inorder to meet the 5:1 rules when closing a trade which could result in hitting the 30% trailing rules for drawdown risk as these two rules contradict each other resulting in the trader being denied of payout. These consequences could result in a trader getting their payout in more than a month of trading as in my case and experience, while APEX rules says a trader can get paid after 8 trading days. In order to get paid in 8 trading days traders need to put their skills around the rules and trade double carefully to ensure not hitting those rules inorder to get paid for their hardwork and not just making profits end of the day resulting in profits and no payments which most trade experience. Although APEX, revise its new payout rules with the intention to provide smoother and faster payouts in late 2024 as understand by its traders but this is not the case. There are many rules put in place which made also made it difficullt to receive payout as mention above and my case I had been consistently making profits for 26 trading days and first 8 days denied(bad risk management) next 8 days(approved but delayed) due to Plane set-up and need wait a further 5 to 8 working days, now already 6 working days but payment not scheduled even though this is scheduled, still need to wait a further 3-5 working days after system shows paid for money(or payment scheduled) to hit bank account. While for my next payout request in two days time I dont know what will happen and still wait for money for second payout request as of now. This is no good.

Overall, as a proprietary trading firm, you're fine—reliable and serious in your company's goals and aspirations. However, I do think there's an issue with the complexity of the trading rules. There are so many rules and regulations with complicated calculations that even I, who have been trading with you for over a year, got completely lost since the introduction of the 3.0 rules. I understand and agree with the need for enforcement and stricter rules, but in my opinion, these rules must be much, much simpler.

Overall, as a proprietary trading firm, you're fine—reliable and serious in your company's goals and aspirations. However, I do think there's an issue with the complexity of the trading rules. There are so many rules and regulations with complicated calculations that even I, who have been trading with you for over a year, got completely lost since the introduction of the 3.0 rules. I understand and agree with the need for enforcement and stricter rules, but in my opinion, these rules must be much, much simpler.