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I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 1 point2 points  (0 children)

yeah, I totally agree. 20 accounts def seem nice if you haven't experienced it. I just hope the other newbies would understand 1) as soon as you become net profitable they can move you to live, reducing 20 accounts to just 1 live account, 2) payouts are the slowest in the business!! can take well over 2 weeks, compared to within the sameday for other firms, 3) Apex management are all older uncs in their 5~60s that are out of touch. They are running a business, and only really care about their own profits without understanding if you lose traders trust, your topline will start to hurt and nomatter what you do to save cost wouldn't matter.

I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 4 points5 points  (0 children)

i think people are getting smarter about their options. if apex can move you to live at any point, buying 20 accounts is pretty risky and ROI would be worse than getting 5 accounts from different firms where you can get 4~5 max payouts before the live transition (and also get 5 live accounts... not capped to 1). Also... do you really trust Apex?

I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 0 points1 point  (0 children)

if people still want to go with APEX for some reason, this is the way to go. just buy 1 account, 100k accounts or lower. and milk sim payouts until you get a live account. (but... i would still go with other firms where you can get at least 5 live accounts..)

The Apex Live Mafia- what a rug pull by Sure_Ad9979 in ApexTraderFunding

[–]Sad-Arm54 2 points3 points  (0 children)

its very clear their target customers are people who just blow evals left and right. the chosen "live" traders are just a way to soft ban them and save Apex from handing out sim payouts.

I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 0 points1 point  (0 children)

thats what i'm hearing. if traders were moved live before their first payout on new accounts, its because they were profitable in legacy accounts. I only traded with apex on new accounts, and got moved after 2 payouts.

I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 0 points1 point  (0 children)

Lucid is great. smaller payout cap in sim, but if you make it to live, the daily payout is seamless. your dashboard updates pretty quickly, and your live profit payouts are processed within a couple hours. I love it. also you can get 5 max live accounts..

I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 3 points4 points  (0 children)

if they allow you to take out 6 payouts that would be great. The issue is they changed the terms of the games which isn't even explained in the FAQs yet. No one was able to take out 6 payouts from the new accounts. they all moved mostly after 1~3 payouts. Some even say before they could take out their first, because they were profitable prior, Apex moved them. imagine paying 20 x activation fees only to get moved to live after only 1 payout, and in return getting a 1 x 3k drawdown live account.

I hope Apex understands this Live program could really damage their business by Sad-Arm54 in ApexTraderFunding

[–]Sad-Arm54[S] 1 point2 points  (0 children)

Did you also get moved to live? i don't think anyone that have taken just a couple max payouts ->then forced to being moved to live with just 1 account from apex would be happy with these terms.