APEX TRADER FUNDING REVIEW | Is This Prop Firm Legit?

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Opinicus 🦅

Opinicus 🦅

Күн бұрын

Full breakdown of my experience with the popular firm known as Apex Trader Funding.
If you are looking for funding through one of the various prop firms, I continue to recommend Topstep: bit.ly/3OmW4I3
The experience I had with Apex was poor. They make you wait, and wait, and wait some more... Hoping that you will blow your accounts in the meantime... Just to deny payouts to true consistently profitable traders that deploy common strategies.
That being said, like I mention in the video, I do not blame Apex. This was, allegedly, always in their rules and I just happened to be trying their firm when they decided to start their more serious "enforcement."
The communication with this firm, including how they release information about changes and speak to their community, is incredibly unprofessional. If you are new to the game, my suggestion is to avoid this firm at all costs.
Timestamps:
00:00-01:00 - What is Apex Trader Funding and why I picked this prop firm
01:00-03:05 - My experience with Apex Trader Funding
03:06-05:50 - Apex withdrawal process
05:50-08:30 - The issue with Apex
08:30-10:10 - Are prop firms worth it?
10:10-end - How to pick the right prop firm
#apextraderfunding #propfirmtrading #propfirm

Пікірлер: 185
@OpinicusTrades
@OpinicusTrades Ай бұрын
Prop firms are still a great tool for the undercapitalized trader. Like I mentioned in the video, my experience with Topstep has been solid. You can check them out here: bit.ly/3OmW4I3
@ticksniper
@ticksniper Ай бұрын
Apex don't want real traders. They want the account reset degens instead.
@OpinicusTrades
@OpinicusTrades Ай бұрын
Hate to say it, but yep... Agree 100%
@iTour6
@iTour6 Ай бұрын
Exactly! That’s what they are trying to encourage
@DonMagixx777
@DonMagixx777 13 күн бұрын
They don’t want profitable traders been denied over 30k this month is payouts . Accounts denied multiple times in a row
@utuber13x
@utuber13x 22 күн бұрын
have the new rules that were voted on like the 8day payout request, 40% rule, etc, been finalized yet or are we still under the original ones
@ItsWassupDoe
@ItsWassupDoe Ай бұрын
How many cons are you trading also mnq or nq
@Gyurix
@Gyurix 29 күн бұрын
I never had this issue with them, because I followed their rules. My last 5 figure payout with them got paid out early, so I can't complain. Yes, they have harder rules than most other firms, but they do pay out if you follow them.
@OpinicusTrades
@OpinicusTrades 29 күн бұрын
Great to hear!
@regiscamargo840
@regiscamargo840 21 күн бұрын
my profile on apex my name is wrong, I already sent the documentation for them to correct it, it's been 17 days and nothing, they haven't even responded to me, I can't get that detail
@10ylater49
@10ylater49 21 күн бұрын
I have been denied $ 14k payout because of DCA but still the DCA I did was the one allowed by their rules (ie, 1 initial entry and 1 max additional if your pnl is negative). They don't want to payout, it's simple. And they will be bankrupt very soon.
@tstewy567
@tstewy567 16 күн бұрын
@@10ylater49what is DCA?
@DonMagixx777
@DonMagixx777 12 күн бұрын
@@10ylater49preach. They are robbing profitable traders. Trashhhh
@Slip-Kid
@Slip-Kid Ай бұрын
I've seen them approve payouts after someone makes a video so it wouldn't surprise me if you now get approved.
@OpinicusTrades
@OpinicusTrades Ай бұрын
LMAO 😂 That would be something, though prob unlikely considering the accounts were on a monthly recurring subscription which I have already cancelled. I didn't make this video for any recourse, more so to warn other traders.
@FuturesTradingwithKellyAnn
@FuturesTradingwithKellyAnn Ай бұрын
Thank you for sharing all this! I have been trying to warn folks about these guys so they too do not get scammed. I appreciate all of the details you shared here -- great video!
@OpinicusTrades
@OpinicusTrades Ай бұрын
Glad to help!
@pspinda
@pspinda 8 күн бұрын
Can anyone tell me which option should I choose to get a lifetime package?
@whotfismisha
@whotfismisha Ай бұрын
Good to know. I've got denied one for the 30% rule. Will be trying again in a couple of weeks. Hopefully the second time around I get approved, if not I'm shutting that shit down.
@OpinicusTrades
@OpinicusTrades Ай бұрын
Hope you get that approval! 🙏
@dontron8897
@dontron8897 Ай бұрын
i was also denied the first time for the 30% rule but after i did another 10 days, they approved my payouts, all 4 of the PA accounts
@TradingFx-sv8ue
@TradingFx-sv8ue 26 күн бұрын
@@dontron8897do you still trade apex funding prop firm
@10ylater49
@10ylater49 21 күн бұрын
I wouldn't waste my time trading with them anymore. They are now finding all excuses not to payout. All it takes is one instance where you might brake a rule. Let's say you brake a rule among by mistake in ONE trade among 500 trades, they will deny your payout. You better hire a robot to trade instead of you because you human need to be flawless, 0.000000% mistakes.
@AlebadiTradeCompany
@AlebadiTradeCompany 14 күн бұрын
what is the 30% rule?
@Aquemineye
@Aquemineye Ай бұрын
I just switched to Top Step. Love their platform too. I was big on Apex but not so much now.
@OpinicusTrades
@OpinicusTrades Ай бұрын
Don't blame you! Hope it is smooth sailing from here
@D20034
@D20034 29 күн бұрын
I love Topstep’s new platform it’s amazing! And they allow you to trade up to 5 funded accounts
@DonMagixx777
@DonMagixx777 12 күн бұрын
Top Step🎯
@islndwolfventures
@islndwolfventures Ай бұрын
Great takes here. Just have to only add a lot equal to your initial entry. I have 12 PA at APEX so please update the payout situation as you trade and meet the minimum day gain requirement as a result of your DCA'ing.
@islndwolfventures
@islndwolfventures Ай бұрын
TopStep definitley a solid firm as well. You can have 5 XFAs there now at one time. @OpinicusTrades
@OpinicusTrades
@OpinicusTrades Ай бұрын
Will do! If your strategy works well with Apex rules and you don't mind the long payout requests, the leverage there is incredible. Have you pulled money out of your 12 accounts yet?
@CGTraderYT
@CGTraderYT 27 күн бұрын
I've never understood DCA'ing to begin with. My strategy is either win or lose and move on. They do go into great detail in their rules about DCA's. I read the whole thing before signing the contract for my PA.
@futurestradingstrategies
@futurestradingstrategies Ай бұрын
How many evaluations and blown accounts did you have to go through before you got denied?
@OpinicusTrades
@OpinicusTrades Ай бұрын
I signed up for a total of 10 evals, passed 6 and had 4 in the hopper, being copy traded alongside the funded accounts. When the payout was declined I canceled everything.
@futurestradingstrategies
@futurestradingstrategies Ай бұрын
Excellent video and very helpful for others. Thank You
@dontron8897
@dontron8897 Ай бұрын
hi, what was the reason for the denial? did you DCA more then 1 time?
@OpinicusTrades
@OpinicusTrades Ай бұрын
Yep! DCA! I typically layer into positions and trade around a core.
@iTour6
@iTour6 Ай бұрын
@@OpinicusTradesCan you elaborate more on what that means? Build around a core? Or layer into a position?
@OpinicusTrades
@OpinicusTrades Ай бұрын
That's beyond the scope of a KZbin reply, but to put it simply: Higher timeframe zones to build positions. For more on this, check out a weekly sit-in of the Trading Mentorship Group: bit.ly/44LYkim
@ItsWassupDoe
@ItsWassupDoe Ай бұрын
You are only allowed to DCA into a losing position one time. This is why you got denied. You can request again after following the rules
@dontron8897
@dontron8897 Ай бұрын
@@ItsWassupDoe did you get approved payout? and have you DCA more then 1 time before? how hard is it to get payouts with apex?
@IchimokuReport
@IchimokuReport Ай бұрын
My question is, if they deny the payout, which is ' real money ', what happens to that money? Does it remain in your account for a later withdrawal or , it does not exist?
@OpinicusTrades
@OpinicusTrades Ай бұрын
From my understanding you can "try again" - My accounts were about to renew and after this experience I elected to cut them. I do not want to constantly be worrying about whether a payout will be approved or not, plus, the "withdrawal window" and then the additional 2 weeks of waiting was not worth it for me. A self-funded account withdrawal will hit your bank the next day.
@francisjohnloreto8071
@francisjohnloreto8071 Ай бұрын
​@@OpinicusTradestrades by matt was also denied. But traded again another 10 trading days without violating the new rule and withdrawn 40k.
@OpinicusTrades
@OpinicusTrades Ай бұрын
I saw that. That is good. It is clear they are still honoring payouts if you follow their rules.
@10ylater49
@10ylater49 21 күн бұрын
@@OpinicusTrades the same, I cancelled all my accounts today (subscription fee was due soon). Getting a $ 14k payout denial because even though I complied with their rules (with the exception of 0.1% by mistake) is not acceptable. They don't want consistent traders, regardless of the strategy. They will be waiting for your minimal human mistake to deny you a payout.
@8KFlow
@8KFlow 11 күн бұрын
Anyone get an payout in the last month? Discord is in maintenance which kinda worries me.
@Nes-kd3jl
@Nes-kd3jl 9 күн бұрын
I had a payment on the 8th, but I am still missing another 10k , they are approved but not paid yet
@8KFlow
@8KFlow 9 күн бұрын
@@Nes-kd3jl When did you make the request for the 10k payment? They don't send out payments until the 15th every month.
@Nes-kd3jl
@Nes-kd3jl 8 күн бұрын
@@8KFlow1st July , get paid on the 8th. I am still missing another 10k, they are approved since 8th July
@kidpoker007
@kidpoker007 29 күн бұрын
I thought the rule was you could DCA 1 time per trade
@10ylater49
@10ylater49 21 күн бұрын
And that's suppose to be the rule according to their rules. I have been denied $ 14k payout because of DCA but still the DCA I did was the one allowed by their rules (ie, 1 initial entry and 1 max additional if your pnl is negative). They don't want to payout, it's simple. And they will be bankrupt very soon.
@kidpoker007
@kidpoker007 21 күн бұрын
@@10ylater49 yup only paid out 20 million last month. So you did 1 or 2 DCA on a particular trade?
@cizera5331
@cizera5331 Ай бұрын
It appears they pick and choose. I’m in a small trading room. There’s a handful of us that was using Apex. One of them is using like 15 accounts just got started with them and he’s been able to get the 2000 on multiple accounts paid to him even though he tradedthat they should’ve been declined he was surprised he keeps getting paid them because he’s not following the rules as you state
@OpinicusTrades
@OpinicusTrades Ай бұрын
That is good info. I also have some guys in my community who have and continue to receive payouts, which is encouraging. I was cautious in the video not to say they are declining *all payouts* - They simply declined *my payout* which was fair and square per their rules. That said, I am fairly detailed-oriented and so the fact I was caught off guard by this means plenty of others will be as well, so wanted to share my experience.
@oxfordbambooshootify
@oxfordbambooshootify 24 күн бұрын
Apex is fine. Their rules with PAs are super strict and limits certain strategies from being compatible but play by the rules and they'll pay consistently
@10ylater49
@10ylater49 21 күн бұрын
Nop, wrong. I have been denied $ 14k payout because of DCA but still the DCA I did was the one allowed by their rules (ie, 1 initial entry and 1 max additional if your pnl is negative). They don't want to payout, it's simple. And they will be bankrupt very soon.
@ray6976
@ray6976 Ай бұрын
What about top step..same thing?
@OpinicusTrades
@OpinicusTrades Ай бұрын
Topstep is not without their own faults but my experience with them, personally, has been solid. Good firm to work with.
@ray6976
@ray6976 Ай бұрын
Ok..further in the video you say you like top step. They just dont offer the leverage apex does?
@OpinicusTrades
@OpinicusTrades Ай бұрын
Exactly. Apex offers the option to trade 20 accounts, which you can link and "copy trade" - Topstep currently offers a max of 5. I was interested in the 20.
@isawayto
@isawayto 21 күн бұрын
I’ve never had payout issues. Just stick to the 30% rules and you’re good. I guarantee you that most people who complain do so because they either broke the rules, or are simply not consistent (or both).
@10ylater49
@10ylater49 21 күн бұрын
I have been denied $ 14k payout because of DCA but still the DCA I did was the one allowed by their rules (ie, 1 initial entry and 1 max additional if your pnl is negative). I've made more than 400 trades over 13 trading days (12 positive trading days, 1 negative, 30% rule complied with, made 4 times the minimum profit required, 62% win rate) and I can only assume because of 1 or 2 mistakes (where I entered a third position by mistake when trying to put a stop order - put a limit order instead). So, I make 400 trades complying with their rules, there's a couple of them that I didn't comply by mistake and I have no right to payout. This makes no sense! We're humans, not bots. If they wanted 0.00000% mistakes they should hire bots to trade, not humans. They don't want to payout, it's simple. And they will be bankrupt very soon.
@updaet6870
@updaet6870 17 күн бұрын
@@10ylater49 Suck it up, you broke their rules
@hafizzimohamad5204
@hafizzimohamad5204 17 күн бұрын
@10ylater49 give them one more chance, and this time properly follow their rules, and see if you got payout or not. It is fact you got denied by not following the rules, albeit how small it is. BTW I got payout, so you can too.
@8KFlow
@8KFlow 11 күн бұрын
@@10ylater49 So you did make an mistake and did DCA more than once. In your other comments, you left this out and acted like APEX is an outright scam. While I ain't siding with APEX your comments are nothing but frustration posts for not following their rules.
@10ylater49
@10ylater49 11 күн бұрын
@@8KFlow not sure how many comments I made where the "DCA" was stated and how many I made where the "DCA" was not stated. Not sure why you are bothered with that though. The point is that they are denying payouts based on a 1% mistake! That's predatory. That's not a partner that you want to be with IMO. Would you choose to be your partner someone who would deny you food because you peed out of the toilet 1% of the times by mistake??? If you can't make a single mistake, then what's the point of even trading with them? There's no point. Also, their DCA rule does not make sense from a risk management perspective as they don't care how much size you DCA (but that's not even my case, my case is about finding any minor issue to deny you a payout).
@charleschapman3994
@charleschapman3994 Ай бұрын
DCA disqualification is dumb. Apparently your trading plan can't take advantage of scaling into a buy or sell zone where the first add is "better" and then add again on confirmation. If it's not a Martingale gambling strategy and it makes money then it should be allowed IF they want profitable traders instead of evaluation fees.
@OpinicusTrades
@OpinicusTrades Ай бұрын
Spot on!
@joeblow5588
@joeblow5588 29 күн бұрын
APEX is in trouble Like all "trader funding" companies, a ponzi scheme is not a sustainable business model.
@realDesertRat
@realDesertRat Ай бұрын
Alright you broke a rule of theirs. You knew you might be breaking those rules, per your comment about others talking on X. What you can do is do another 10 days without DCA.
@adamsi8822
@adamsi8822 8 күн бұрын
Wait so if I break the rule on may 1st, and withdraw may 15, or declined right so I gotta wait 10 days , what if I didn’t withdraw, will they still decline ?
@ufftatabummbumm
@ufftatabummbumm 28 күн бұрын
At the end of the day the only thing that matters regarding prop firms, is how much are they actually paying out. And on that metric, Apex is ABSOLUTELY smoking it! Nothing comes even close. For example, Apex pays out more in ONE month than Topstep has paid out in their whole existance.
@OpinicusTrades
@OpinicusTrades 28 күн бұрын
Transparency, eval/funded rules, payout rules, payout timing, customer service, technology... All things that are more important to the end user than how much a firm has paid out. That is a metric that very few actually care about, because it does not impact them at the end of the day.
@10ylater49
@10ylater49 21 күн бұрын
That's what they claim. That was never been audited.
@lilaidanlilaidan1916
@lilaidanlilaidan1916 26 күн бұрын
The funny thing is if you read apex contract it is written to the level that a 5th grader can understand. They use no lawyer jargon that takes a Harvard degree to understand. They even walk you step by step in an example of what DCA means in the contract. Not sure what awareness there is to spread, you broke the rules. Did you still expect a pay out? I’m confused.
@10ylater49
@10ylater49 21 күн бұрын
And what if you make 400 trades (you comply with everything and pass all rules and criteria to get a payout) but in a couple of trades you DCA beyond what is allowed by mistake (a simple limit order instead of a stop order will do it!) and you have your payout denied. Amazing right? That's scam. That's not finding profitable traders, that's finding excuses to keep your money. I cancelled all my PA accounts and I'm not using Apex anymore.
@lilaidanlilaidan1916
@lilaidanlilaidan1916 12 күн бұрын
@@10ylater49 Yes, there are rules in life. If your break them there are consequences. In this situation do you expect apex to say "its ok, we will give you a redo on your error". No broker on the planet is going to give you a redo for fat fingering a trade order
@lilaidanlilaidan1916
@lilaidanlilaidan1916 12 күн бұрын
@@10ylater49 Yes, there are rules in life. You break them there are consequences. Please name me one Broker that is going to allow you a "redo" a order for "fat fingering" your order submission. your argument holds no weight.
@mamadousow3217
@mamadousow3217 13 сағат бұрын
@@10ylater49 crazy amount of trades g I take 1, max2 trades a day. if its a win I stop for the day if the first is L I try one more and hats it
@user-wx7br6cz5e
@user-wx7br6cz5e 3 сағат бұрын
Why not the 20 300K accounts instead ?
@talent103
@talent103 5 күн бұрын
you did not mention why exactly your payout was declined.
@OpinicusTrades
@OpinicusTrades 5 күн бұрын
DCA
@songlee8456
@songlee8456 Ай бұрын
Bro, all you had to do is continue trading and do not violate any rules until the next payout. You never mentioned if you were denied because of DCA or risk management
@OpinicusTrades
@OpinicusTrades Ай бұрын
The payouts were denied for DCA. My account renewal was coming up (after weeks of waiting lmao) and I had no interest in continuing to invest into a firm that carries themselves incredibly unprofessionally and buries "rules" in the fine print, and then releases 5 hours worth of videos explaining their new enforcement. As traders, we have to know when to cut our losses. That point was the payout denial for me.
@vovanminh999
@vovanminh999 29 күн бұрын
basically you were broke the rule for DCA, that's why they were denied you. This is your faults not their.
@OpinicusTrades
@OpinicusTrades 29 күн бұрын
🤣Yep - All things I said in the video
@kanatbekmomun9174
@kanatbekmomun9174 24 күн бұрын
@@OpinicusTrades how much is renewal fee? For $50k PA accounts I guess $160 monthly per account, which means total $960 for 6 PA accounts, so you would continue to trade till next payout just investing $960 to get paid over $10k, imho
@songlee8456
@songlee8456 23 күн бұрын
@@kanatbekmomun9174 Yes, his math isn't mathing lol. He can easily do that and get paid. Just managed risk until the next payout window and said goodbye to them. He never mentioned he violated the DCA
@Ahmadhalabi724
@Ahmadhalabi724 2 күн бұрын
So he can't recommend apex because he broke a rule that is there for everyone to read in the terms and conditions. I read the entire thing before I signed the contract and am aware of the dca rule. Also they allow you to add size to a losing position only once as long as it's the same size or smaller than the initial entry. Again it clearly states this in the terms and conditions that everyone should read thoroughly. A successful trader usually doesn't depend on dca into a losing trade as their A+ set up. If your system is dependent on adding to losing trades then you likely need a new system.
@sadramistes
@sadramistes Ай бұрын
Hi Kyle, I have experience with both. Personally, i ve got 2 times payouts without any hassle from Apex. Also, what i like in them is the freedom to trade up to 10 contracts at a time (not all added up per time). With Topstep i had a problem as i trade with 5 micros and in Topstep they consider them the same as 5 minis. But many times there were opportunities in different markets but i couldnt open a second position as i had already reached the maximum of 5 micros! Last thing i dont like with Topstep is that namely you have 2,5k drawdown but in reality you have 1k as your position will close when you reach that limit. They say its for your own good but i find this quite restrictive.
@OpinicusTrades
@OpinicusTrades Ай бұрын
I'm glad you haven't had any issues with Apex! Thats awesome. Topstep allows scaled micros on their TopstepX platform now. That said, I don't think developing traders should have to jump through so many hoops nor play the waiting game for their payouts. It's very clearly geared so the trader fails, which makes me question whether Apex truly moves any traders to a "live" account or wants them to succeed.
@sadramistes
@sadramistes Ай бұрын
@@OpinicusTrades Totally agree that all the prop firms set so many rules hoping you will break one of them. I havent heard someone been moved to live account with Apex even though its clearly stated that it can be done. On the other hand, i know many people trading Live with Topstep. I agree, funding companies should be trated as a medium stage on funding our own live account in the end!
@OpinicusTrades
@OpinicusTrades Ай бұрын
Well said!
@JenMarco
@JenMarco Ай бұрын
The rules state that you can DCA one time while in drawdown
@OpinicusTrades
@OpinicusTrades Ай бұрын
Correct
@charleschapman3994
@charleschapman3994 Ай бұрын
Once or twice is reasonable...
@10ylater49
@10ylater49 21 күн бұрын
That's what I did for 13 trading days and still got denied because of DCA. F* them (they will tell you DCA even if you did it once by mistake). Already cancelled the accounts and the monthly sub.
@Pepesito_x
@Pepesito_x 13 күн бұрын
to be clear - APEX is allowing DCA only ONCE! , per trade. that means that if you added to a loosing trade twice - that's going against their rules. Its very simple & very easy... not that strict & it has good reasons why this rule is in place.
@user-ho6zg6rk5i
@user-ho6zg6rk5i 28 күн бұрын
Cancel your last credit card payment and move to top step
@charleschapman3994
@charleschapman3994 Ай бұрын
Most of these prop firms are quasi bucket shops and are not looking for real traders where the firm only gets 10%. Firms that put up real capital probably want closer to 50%. Altho day trading is more intense firms used to pay professionals just 20% of the profits .
@OpinicusTrades
@OpinicusTrades Ай бұрын
Yeah I would agree with that. This firm certainly does not seem to want real traders.
@Dawn-yi4hz
@Dawn-yi4hz 14 күн бұрын
Well I won't be going to Apex because that's the way that I trade, I scale in. Then I don't like their Trailing rule I was gonna give them a try but after this. NO WAY!
@OpinicusTrades
@OpinicusTrades 14 күн бұрын
Yeah if you scale in, Apex is not the firm to use.
@the-brand
@the-brand Ай бұрын
Exactly. Use them as a tool and gtfo. Apparently most all people, therefore companies, get internally and morally corrupted at a particular monetary level. Low vibe beings with too much access.
@OpinicusTrades
@OpinicusTrades Ай бұрын
Yep, agreed. Prop firms can be great tools to get that starting balance to then move to a self funded account.
@ufftatabummbumm
@ufftatabummbumm 28 күн бұрын
Yeah it sucks, but you can play by their rules, ONE add into a losing position is allowed.
@OpinicusTrades
@OpinicusTrades 28 күн бұрын
I'm good. No reason to redesign my strategy to cater to a prop firm that I don't need. The video states I was looking for leverage. Shared my experience 👍
@realDesertRat
@realDesertRat 28 күн бұрын
​@@OpinicusTradesyoung and dumb mindset. "I won't pivot to make money" is very egotistical and narcissistic. The goal is to make money and the proof is in the pudding. They payout more than any other prop out there. Good luck sticking with Topstep. You'll find out soon that they have more rules than just 1 lol
@OpinicusTrades
@OpinicusTrades 28 күн бұрын
Wade, The scope of what I was trying to do here went entirely over your head. I have been a self-funded trader for almost a decade. I was exploring Apex for leverage. It is not egotistical to say I will not diminish my edge to work with a firm that *might* payout.
@alexwatchtower
@alexwatchtower 18 күн бұрын
@@realDesertRat I'm pretty sure that what he means is he's not changing a viable valid profitable trader's strategy for a prop firm not qualified to differentiate between dollar cost averaging from 1968 and advanced scaling trading strategies on Ninja Trader in 2024, and the risk of denying future payouts, and invalidating hard work is something only a fool would choose. 100% of 0, is still 0. The money isn't even the most valuable component here. Time, trust and integrity is. They're right about one thing, it's about building relationships. Unfortunately what they are doing here breaks that trust.
@maxd3339
@maxd3339 Ай бұрын
Next Tuesday on Topstep TV there will be e free reset and discounts due to 100k subs on KZbin (goal achieved)
@OpinicusTrades
@OpinicusTrades Ай бұрын
Nice, good info
@forexenjoyer-sc1tn
@forexenjoyer-sc1tn 11 күн бұрын
Their house, their rules. Admit you're in the wrong and if you want to DCA, stay away from the firms that don't allow it.
@gkawa22
@gkawa22 Ай бұрын
APEX should have paid out first then enforce the rules. It’s just bad timing for everyone.
@OpinicusTrades
@OpinicusTrades Ай бұрын
100% agreed. Also some info within the dashboard about whether or not you broke a rule would be incredibly helpful. So you aren't sitting there guessing about whether you'll be approved for weeks and weeks.
@RiosTikvic
@RiosTikvic 20 күн бұрын
Is Apex scam?
@OpinicusTrades
@OpinicusTrades 19 күн бұрын
I don't think they are a scam. Just know what you are getting involved with as far as rules and payout procedures.
@VinnyEmini
@VinnyEmini Ай бұрын
Collab?
@OpinicusTrades
@OpinicusTrades Ай бұрын
Sure 🤝
@Andres-xh7eu
@Andres-xh7eu 27 күн бұрын
Be careful, Apex Trader Funding is a SCAM, it's a SCAM !!!
@2wheelferrari916
@2wheelferrari916 15 күн бұрын
This man has explained himself and his views and still you trolls are on his a$$. I have been experimenting my strategies in apex and I find things to be really advantageous to Apex. To borrow an analogy your Basically trading with "one screen behind your back" LOL
@OpinicusTrades
@OpinicusTrades 15 күн бұрын
Appreciated 🙌
@NDXmedinaQQQ
@NDXmedinaQQQ Ай бұрын
Post your charts .. let's see your consistency.. I Got paid out 11 k for June Only using 2 accounts now I'm copy trading using 7 accounts..im only making 300-400 per acount I don't go for home runs and I only DCA once per trade when and if I do I try not to
@OpinicusTrades
@OpinicusTrades Ай бұрын
I had a similar approach, shooting for $300-$500 per day with the $50k accounts. Consistency was not the issue here. If you don't mind the long withdrawal periods, unprofessionalism, and tight rule structure, more power to ya.
@jjr8614
@jjr8614 Ай бұрын
@@OpinicusTrades Payouts come every 2 weeks. They are 2 week cycles. Each cycle has a processing system. If you can get to being consistent in payouts the money comes every 2 weeks. That is pretty damn good in my opinion.
@OpinicusTrades
@OpinicusTrades Ай бұрын
For the industry, it is one of the worst payout systems that I have seen. That said, my barometer for payouts is based on a self-funded account. Put in withdrawal, money is in account next day.
@proprietarytrader
@proprietarytrader Ай бұрын
Treat it as Gaming. Prop firms are gamified. Play their rules, you are paid. Their house their rules. If only you hadnt DCA'd, you would have been paid . Play the rules bro... It's gaming
@OpinicusTrades
@OpinicusTrades Ай бұрын
For sure. Unfortunately for me, I was unaware of the DCA rule. All good, cut my losses and move on.
@jjr8614
@jjr8614 Ай бұрын
@@OpinicusTrades You didn't lose. You still have the accounts. Now you know. Keep trading them and get the payouts next payout cycle. It's not a scam.
@OpinicusTrades
@OpinicusTrades Ай бұрын
The accounts were canceled as I did not have the lifetime activation. Not interested in continuing a relationship with this type of organization. It is what it is!
@futurestrader019
@futurestrader019 29 күн бұрын
short version: broke rule, now mad denied for breaking said rule. Could be a 30 second video.
@OpinicusTrades
@OpinicusTrades 29 күн бұрын
Not mad in the slightest but thanks for your comment Chris!
@eddiec.9477
@eddiec.9477 19 күн бұрын
I just read the account rules. It clearly states no DCA. It wasn´t buried in the fine print as you suggested. I agree, they have a lot of hoops to go through and the tone in their documentation is quite a turn off. You just failed to read the rules, however. You have no basis no cry about it here. Makes you look very unprofessional.
@OpinicusTrades
@OpinicusTrades 19 күн бұрын
Hi Eddie, did it dawn on you that, perhaps, after receiving thousands of complaints, the company updated their website? 🤯 And yes, in the video I mentioned I did not catch the rule. Thanks for relaying what I already said 🤝
@jeffreymee7093
@jeffreymee7093 23 күн бұрын
So you just broke a rule… DCA is a rule with apex, I mean it’s just simple as that just don’t break their rules?
@kingsman921
@kingsman921 10 күн бұрын
Just choose now trade funded❤
@Kevin-c1q
@Kevin-c1q 29 күн бұрын
So... since you didn't follow their rules? You got payouts declined? An you're surprised by that? Funny. LOL - Obviously in May, you never read their rules... only ONE DCA allowed per trade. You coulda been making crazy bank with them bucked FUCKED it up. Good job dude.
@OpinicusTrades
@OpinicusTrades 29 күн бұрын
I am surprised a company buries rules in fine print, yes. I didn't "fuck it up" either, Kevin. I traded my strategy 👍
@10ylater49
@10ylater49 21 күн бұрын
You make 400 trades, you DCA outside the allowed scope by mistake on a couple of occasions (putting a limit order instead of a stop order is all you need to make that happen). You then have the payout denied because of that. Does it sound right? Does it sound normal business practice? They are "hiring" human traders, not bots.
@MrTKbh
@MrTKbh 9 күн бұрын
I dont get it. Trading is a game of details. You broke the rules, and are denied a payout with is ok, you even say so yourself. You even confirm you broke the rule on DCA. APEX state publicly, and in many videos tell kindly and in details, that they dont want windfall traders or gamblers. They look for consistent traders, thay can make both sides money, just liek a real tradingfloor. Thays why they tightened up the rules because of scam traders. Then you break them, and furthermore tells everybody, that you cant recommend them. You mean teh broker wil not recommed you. Ok that say more about you than APEX. A lot of straight up rule abiding traders have a profit blast at APEX, really earning some good money ø- to both sides. Maybe you should consider how creepy this is, when you then in the end recommend Top Step, with an bonus link for you. You broke the rules, you admit you broke the rules, you cant recommend the one telling you that - and then you sell links to another broker. Come on, you could do better than this.
@OpinicusTrades
@OpinicusTrades 9 күн бұрын
The 5 hours of videos they released on their "simple rule process" were after an enormous wave of denials, including mine. It's a garbage product, this video was sharing my experience with said product. What is "creepy" is bootlickers defending this firm. Do you enjoy abusive relationships? lol
@chewybagels
@chewybagels Ай бұрын
Shocker, another TopStep Affiliate spreading FUD about Apex.. lol 😅😅
@OpinicusTrades
@OpinicusTrades Ай бұрын
No, this was a real-life experience. Did you watch the video? 🤡
@St.PatricksTrades2
@St.PatricksTrades2 Ай бұрын
shocker, another apex shill calling real life problems with Apex FUD.
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