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  #401 (permalink)
 
ApexTraderFunding's Avatar
 ApexTraderFunding   is a Vendor
 
Posts: 43 since Jan 2022
Thanks Given: 30
Thanks Received: 61


phantomtrader View Post
Someone in another group told me that out of the thousands of traders who usually get paid, only 45 got paid this last cycle. Apex obviously has a cash flow problem. It's not about schemers and scammers. There are about a dozen good traders in this group who are with Apex. NONE of them got paid. Apex is a Ponzi scheme. And it's finally catching up with them.

We are NOT a Ponzi scheme, so please stop spreading lies.
We do NOT have a cash flow problem.
Saying that only 45 out of thousands of traders have been paid out is a straight up lie as you can see on our website.
Feel free to scroll through all the pages and look up the last cycle you mentioned.
https://atf.com/payouts.html

I have been with Apex Trader Funding since day one, I know all the facts.
Your "knowledge" is based on "someone who told you", those are nothing but false accusations.

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  #402 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
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Duration: Minutes
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ApexTraderFunding View Post
We are NOT a Ponzi scheme, so please stop spreading lies.
We do NOT have a cash flow problem.
Saying that only 45 out of thousands of traders have been paid out is a straight up lie as you can see on our website.
Feel free to scroll through all the pages and look up the last cycle you mentioned.
https://atf.com/payouts.html

I have been with Apex Trader Funding since day one, I know all the facts.
Your "knowledge" is based on "someone who told you", those are nothing but false accusations.

Perhaps you should read your own         - oh wait, you ban anyone who tells the truth. You can't even get Rithmic to work for your traders. Who the hell do you think you're kidding????

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  #403 (permalink)
 
ApexTraderFunding's Avatar
 ApexTraderFunding   is a Vendor
 
Posts: 43 since Jan 2022
Thanks Given: 30
Thanks Received: 61



phantomtrader View Post
Perhaps you should read your own         - oh wait, you ban anyone who tells the truth. You can't even get Rithmic to work for your traders. Who the hell do you think you're kidding????

First of all I don't monitor our        .
2. Users are getting banned in         by violating the policies
our         is certainly not a "support" or simply a channel to just vent. We require every user to send a ticket for account related questions.
3. As I mentioned before, yes we had major issues with Rithmic the last few days, it is on their end NOT on ours... in case you missed the post the other day:

This was posted by the CEO:
I have talked with the executives at rithmic. They did not implement the upgrade yesterday as they needed to do more testing. This upgrade will allow them to spread traffic across multiple servers and databases and should alleviate the issues seen the last few days. We will of course fix all account negatively impacted during the issue. We share in your frustration and are working with them to have this solved as soon as possible.

4. We both have a history, don't we? You have attacked us in a very unprofessional way multiple times in the past.
I know that we are not a company that you would use again. And that is absolutely fine. Many other options to choose from.

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  #404 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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phantomtrader View Post
Perhaps you should read your own         - oh wait, you ban anyone who tells the truth. You can't even get Rithmic to work for your traders. Who the hell do you think you're kidding????

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  #405 (permalink)
 VirtualMark 
Birmingham, United Kingdom
 
Posts: 179 since Jul 2022


ApexTraderFunding View Post
If someone didn't get paid out, there is a reason for it. Meaning we found clear proof of policy violation.
Every trader gets a notification with the reason for denial.

Everything is well explained in the videos that were posted the other day.

We are aware that many traders spread a lot of rumors or straight up lie on social media.
Lots of traders are posting their approvals on social media on a daily basis, does this get unrecognized?

No offence, but I've seen how you operate. Your         staff routinely block anyone who speaks out against you. Plenty of people are being denied, but if they speak out your mods delete their comments and block them. Same on Trustpilot. Why do you act like this towards your paying customers?

As for your "policy violations", please explain why you make your rules so unclear? If someone is making consistent profits, and they scale a few micros, why would this violate any policy at all? And before you refer me to your video, I've watched them all and disagree.

Clearly some people are trading badly and DCA'ing all day long. I'm not talking about those people, I'm talking about people who DCA as part of a trading plan. I'e scale 3 times with micros. That's less than 1/100th risk of your largest account, that allows 35 minis.

And while you're here, please explain why you think it's ok to withhold funds and ask people to film themselves? This idea is abhorrent, why on Earth would you want to do this?

Your PA contract is loaded in your favour, and your website hides the sordid details. You are even so ashamed of it that you have a NDA, because you know if people saw what they're getting into they wouldn't bother buying your product.

Call people liars, scammers etc all you want, but they can't all be. My suggestion would be to treat people a little better, pay out earnings, and if you don't like how someone trades then tell them you don't want to do business with them any further.

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  #406 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
Frequency: Daily
Duration: Minutes
Posts: 603 since May 2011
Thanks Given: 228
Thanks Received: 1,003


VirtualMark View Post
No offence, but I've seen how you operate. Your         staff routinely block anyone who speaks out against you. Plenty of people are being denied, but if they speak out your mods delete their comments and block them. Same on Trustpilot. Why do you act like this towards your paying customers?

As for your "policy violations", please explain why you make your rules so unclear? If someone is making consistent profits, and they scale a few micros, why would this violate any policy at all? And before you refer me to your video, I've watched them all and disagree.

Clearly some people are trading badly and DCA'ing all day long. I'm not talking about those people, I'm talking about people who DCA as part of a trading plan. I'e scale 3 times with micros. That's less than 1/100th risk of your largest account, that allows 35 minis.

And while you're here, please explain why you think it's ok to withhold funds and ask people to film themselves? This idea is abhorrent, why on Earth would you want to do this?

Your PA contract is loaded in your favour, and your website hides the sordid details. You are even so ashamed of it that you have a NDA, because you know if people saw what they're getting into they wouldn't bother buying your product.

Call people liars, scammers etc all you want, but they can't all be. My suggestion would be to treat people a little better, pay out earnings, and if you don't like how someone trades then tell them you don't want to do business with them any further.


You also don't get the see the WHOLE contract until after you sign it. So much for transparency and full disclosure.

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  #407 (permalink)
 VirtualMark 
Birmingham, United Kingdom
 
Posts: 179 since Jul 2022


ApexTraderFunding View Post
First of all I don't monitor our        .
2. Users are getting banned in         by violating the policies
our         is certainly not a "support" or simply a channel to just vent. We require every user to send a ticket for account related questions.
3. As I mentioned before, yes we had major issues with Rithmic the last few days, it is on their end NOT on ours... in case you missed the post the other day:

This was posted by the CEO:
I have talked with the executives at rithmic. They did not implement the upgrade yesterday as they needed to do more testing. This upgrade will allow them to spread traffic across multiple servers and databases and should alleviate the issues seen the last few days. We will of course fix all account negatively impacted during the issue. We share in your frustration and are working with them to have this solved as soon as possible.

4. We both have a history, don't we? You have attacked us in a very unprofessional way multiple times in the past.
I know that we are not a company that you would use again. And that is absolutely fine. Many other options to choose from.

2: No they're not. They get banned for any reason the         mods see fit. Mostly speaking negatively about Apex. And "not monitoring it" is complete nonsense, you are controlling the narrative there and silencing people who are unhappy, for any reason.

3: Your issues with Rithmic are identical to the issues experienced a few weeks back with Tradovate, which in itself raises red flags. Where I saw emails you sent to my friend that were rude, blunt and just said you wouldn't do anything because they'd signed an agreement that says platform issues are their responsibility.

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  #408 (permalink)
 VirtualMark 
Birmingham, United Kingdom
 
Posts: 179 since Jul 2022


phantomtrader View Post
You also don't get the see the WHOLE contract until after you sign it. So much for transparency and full disclosure.

Yeah I SO want to post it here lol. Just don't want the aggro, although as I didn't sign the NDA maybe I'm ok to post it? They have some awful terms in there.

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  #409 (permalink)
 
phantomtrader's Avatar
 phantomtrader 
Reno, Nevada
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Trading: ZN, ZB, CL
Frequency: Daily
Duration: Minutes
Posts: 603 since May 2011
Thanks Given: 228
Thanks Received: 1,003


VirtualMark View Post
Yeah I SO want to post it here lol. Just don't want the aggro, although as I didn't sign the NDA maybe I'm ok to post it? They have some awful terms in there.

Don't do that. These people are ruthless. Their inability to pay is putting them at high risk for failure. Just stay away.

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  #410 (permalink)
 VirtualMark 
Birmingham, United Kingdom
 
Posts: 179 since Jul 2022


Just had a look on their        , search "timeout" and it's hilarious what people are getting banned for.


Quoting 
MA44 — 05/06/2024 16:51
Can you pls help me out. I got liquidated but I’m not even near my threshold?

joel 🥾🥾 — 05/06/2024 16:59
I've already replied to you - 1 week timeout so you can submit your support ticket


Quoting 
peterthepiper_ — 03/06/2024 01:43
This DCA rule on RED trade is insanely wrong... setting us up for failure. How is it fair u can add on green but u cant add on RED. WE DCA all the time when trading in real accounts.

Da Mad Catter — 03/06/2024 01:44
Only warning. Next is a timeout

That Joel guy even has a boot next to his name. 🤦

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