Apex concerns
I wanted to come here to ask the successful ones as I am just getting started. After signing up with Apex, like a good little direction follower I joined the Apex FB page. Since that time I'm seeing more negative posts regarding Apex than positive and it has me more than a little concerned.
I realize all the prop firms have rules and that isn't the issue because I understand there have to be guidelines for a company to stay profitable. But yesterday a guy posted an email from them and it sounded very positive because it was basically telling him they were considering him for a live account.
But he would no longer be able to purchase evaluations and he could not trade on his PA account essentially locking him out. He only has one PA account and one EA account so it's not like he is maxed out or anything. He also said he only received $12,000 total in payouts and didn't really feel like he was successful enough to be considered for a live account. The comments that followed this post are what is the most concerning. SEVERAL people said they were told they would also be considered to go LIVE but have been waiting for months and even up to a year, stating that this is how APEX avoids paying out those who are profitable. If the goal is to get to 20 paying accounts I'm not seeing how this is possible if they stop you from trading.
Those of you that have been with Apex for a while, how is it going? I'm talking about veterans who have been using them successfully for a year or so. I'm all about following the rules but I want to be sure they will hold up their end before I start dumping a bunch of money into them.
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Lannette Olson
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Apex concerns
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