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  • #48,981
  • May 26, 2025 8:32am May 26, 2025 8:32am
Quoting Takisd
{quote} Market is discount driven. Instant funding is now equally as popular as 2 step but no one asks the question of how until they fail due to the 15% consistency rules.
Agreed.

Offering Instant funding for very little should be a red flag. Although the props hardly are upfront with their instant funding rules.
  • #48,982
  • May 26, 2025 10:08am May 26, 2025 10:08am
Quoting failinforex
{quote} Received an email from Apex stating that I cannot purchase any more evaluation - {image} There go my dream of 20 accounts.
I received the same message. It looks like Apex has financial problems and wants to limit successful traders.
  • #48,983
  • May 26, 2025 10:11am May 26, 2025 10:11am
I wanted to know if any prop firm offered account without upfront fees?

If so can you name any?
Prop Firm - TripleXXX 10% Target All Time Return: 10.2%
  • #48,984
  • May 26, 2025 10:50am May 26, 2025 10:50am
I Think there is none. I checked the entire web.

> Stringent Test Conditions so stringent that you have Max DD skewed to 5 - 8% Overall and Daily at 4%

> A Huge Upfront Fees

I dont know how anybody would be able to sustain growth with it even after passing for I would say a quarter of year too. Unbelievable.

Maybe I am wrong but talking facts here numerically and mathematically which is what the entire market is based on one would end up paying more then earning once he she gets hooked on failed attempts even after some earned attempts. Hard stuff.
Prop Firm - TripleXXX 10% Target All Time Return: 10.2%
  • #48,985
  • May 26, 2025 10:58am May 26, 2025 10:58am
Quoting HusainAbbas
I Think there is none. I checked the entire web. > Stringent Test Conditions so stringent that you have Max DD skewed to 5 - 8% Overall and Daily at 4% > A Huge Upfront Fees I dont know how anybody would be able to sustain growth with it even after passing for I would say a quarter of year too. Unbelievable. Maybe I am wrong but talking facts here numerically and mathematically which is what the entire market is based on one would end up paying more then earning once he she gets hooked on failed attempts even after some earned attempts. Hard stuff....
No one will give you money, virtual or otherwise, if you have no skin in the game. Trading is different when nothing is on the line.
  • #48,986
  • May 26, 2025 11:12am May 26, 2025 11:12am
Quoting Takisd
{quote} No one will give you money, virtual or otherwise, if you have no skin in the game. Trading is different when nothing is on the line.
No one has money to give for ridiculous upfront fees named as to be of the skin of the game Entire thing is hoax in my opinion and only Personal Endeavour using Personal Account in Trading Business counts
Prop Firm - TripleXXX 10% Target All Time Return: 10.2%
  • #48,987
  • May 26, 2025 12:35pm May 26, 2025 12:35pm
Quoting HusainAbbas
{quote} No one has money to give for ridiculous upfront fees
Apart from the millions of people who've bought prop accounts...
  • #48,988
  • May 26, 2025 12:47pm May 26, 2025 12:47pm
Quoting HusainAbbas
{quote} No one has money to give for ridiculous upfront fees named as to be of the skin of the game Entire thing is hoax in my opinion and only Personal Endeavour using Personal Account in Trading Business counts
Then don't use the prop firms? I am not sure what the argument here is. You think it is a hoax, it could possibly be, it could be a casino or a game or whatever. Its all a personal preference in the end, spend $500 on a 100k prop account or put $500 in a broker account - statistically, the majority will lose it either way.
  • #48,989
  • May 26, 2025 4:35pm May 26, 2025 4:35pm
Start your engines crackheads
Attached Image (click to enlarge)
Click to Enlarge Name: apex.png Size: 14 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #48,990
  • Edited 5:31pm May 26, 2025 5:06pm | Edited 5:31pm
Quoting pipmaster77
Will they be giving you a live account equal to ALL drawdown across all of your accounts. ie if you have 10 50K PA's with $2,500 DD each, $25K live account? Othyerwise, what a fucking scam live is.
-I think, it would not make much sense to give traders the draw-down amount, since that would be too risky. I can understand why firms would want to limit the amount that traders start with when actually going live, especially since so many traders seem to lack any real experience.

If a firm is using a trader's own profits to fund the live accounts, then there should be a reasonable growth plan in place, where the firm funds the account with their own capital going forward, at certain milestones, otherwise, I struggle to see the value of trading for a firm and forfeiting any percentage of profits. I also think that these details need to be disclosed, up-front, yet, most firms do not seem to be doing that.

I also think that traders should be allowed to withdraw any profits that they have accumulated on their sim accounts, but it seems that some firms are not allowing that, or, are making traders jump through hoops in order to get it. This is very wrong in my opinion.

What really gets me, is that Apex, in particular, seems to allow some affiliates to pull out multiple, six-figures, yet does not seem to force them to live. These are the kinds of things that I wish we had oversight for.
  • #48,991
  • May 26, 2025 5:26pm May 26, 2025 5:26pm
Quoting Expo33
Start your engines crackheads {image}
Main difference here is recurring is 50% off (it used to be 80% off) so it is one time scratch ticket.
  • #48,992
  • May 26, 2025 5:29pm May 26, 2025 5:29pm
Quoting failinforex
Received an email from Apex stating that I cannot purchase any more evaluation
Quoting proptrader1
I received the same message.
-For anyone that has received this notice, I would be interested to know if there is any information that you can share that might shed some light on why this has happened and/or what Apex is looking for.

Feel free to ignore if you do not wish to share. If/when you are moved to live, please share whatever you can regarding the process and what Apex is actually offering you (if they force an NDA on you, feel free to private message me).

If we want to be able to make informed, educated decisions about these firms, or hold them accountable to any degree, then we must be willing and able to share information about them without fear of repercussions. I can understand wanting/needing to comply with nondisclosure agreements, but when the terms are unconscionable, then any choice to adhere to compliance will only enable and perpetuate unfair practices and abuses in this space, allowing firms to continue operating unchecked, with no regard to ethics or the law.

Thanks.
  • #48,993
  • May 26, 2025 5:56pm May 26, 2025 5:56pm
I got a similar email from Apex:

Hello Expo33

Thank you for purchasing 357 evaluatiions without reaching a single payout. As a valued customer we are now allowing you to buy 100 challenges at a time. Use promo code "LOSENOW"

PS. Give Monty our best regards too!

Boy they really know how to make a brother feel like a VIP
Pride always comes before destruction.... -Proverbs 16:18
  • #48,994
  • May 26, 2025 6:00pm May 26, 2025 6:00pm
Quoting Nsak3y
{quote}{quote}-For anyone that has received this notice, I would be interested to know if there is any information that you can share that might shed some light on why this has happened and/or what Apex is looking for. Feel free to ignore if you do not wish to share. If/when you are moved to live, please share whatever you can regarding the process and what Apex is actually offering you (if they force an NDA on you, feel free to private message me). If we want to be able to make informed, educated decisions about these firms, or hold them accountable...
All that I know is confined to the email I received. It stated that they required 30 days to review our accounts then they will take "their time" to inform us what is next.
I think this is buying time for them to watch our accounts blown.
  • #48,995
  • May 26, 2025 6:08pm May 26, 2025 6:08pm
Quoting Takisd
{quote} some people yelled at me for saying apex is struggling with their recent behavior. I understand why they should do this but they should have done it from day 1 not on a new policy.
No worries, after my MFF experience and reading others encountered bad prop firms, I know what I'm into and just move on. Now already have 3 MFFU accounts and start on Tradeify.
I would thank MFF and Apex with their profit I have live account with Moomoo.
  • #48,996
  • May 26, 2025 6:09pm May 26, 2025 6:09pm
Quoting pipmaster77
{quote} Will they be giving you a live account equal to ALL drawdown across all of your accounts. ie if you have 10 50K PA's with $2,500 DD each, $25K live account? Othyerwise, what a fucking scam live is. You purchased them all, passed them all, ah, but you cannot have the DD from all?
Will update if I survive when they get back to me.
  • #48,997
  • May 26, 2025 6:38pm May 26, 2025 6:38pm
Quoting navk
{quote} I think i cautined here manytimes about cheap deals. Cheap deal or costly deal, i would put my money in firms who are paying. All small and cheap firms are out from my list. Futures elite Aqua futures Blueguardian Ticktick I am only giving my money to : Tradeify Topstep Bulenox Top1futures MFFU
I am giving my money only to these firms
Intraday only.
  • #48,998
  • May 26, 2025 8:34pm May 26, 2025 8:34pm
Quoting failinforex
All that I know is confined to the email I received.
-Thanks. I am speaking more in terms statistics. I imagine that Apex is targeting specific traders, either based on their profits, account sizes/quantities, tenure, number of approved payouts and so forth. I suppose that it does not matter much when I think about it.
  • #48,999
  • May 26, 2025 9:09pm May 26, 2025 9:09pm
Quoting Nsak3y
{quote}-Thanks. I am speaking more in terms statistics. I imagine that Apex is targeting specific traders, either based on their profits, account sizes/quantities, tenure, number of approved payouts and so forth. I suppose that it does not matter much when I think about it.
Yes, they just check our payment and payout records and kick you out. The first part of the email is just flattering bs.
  • #49,000
  • May 26, 2025 9:44pm May 26, 2025 9:44pm
Quoting Expo33
Start your engines crackheads {image}
MOFO MATH ain't mathing....
Does Apex thinks we are stupid ... i mean 90% off then increased PA activation fees... Complete Pile of BS.......
Extreme gut feeling trader
62 traders viewing now, 1 is registered:
NovemberMan