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That's a lot. I had missed that additional FAQs page. I guess that covers the mentoring costs of the 11am meetings and monthly reviews and also the TT feed.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
I think Uprofit has the best parameters for the eval and funded monthly sales. 10 day eval with no scaling End of day trailing drawdown for Funded you can withdraw without having to make a buffer the diff will be if its been less than 40 days they will take 50% of the withdrawal amount above a "buffer" is the normal split. 1 day payout via paypal
LeeLoo/Apex: Make sure the trailing drawdown on unrealized profits works with your trading style. It works for my scalping method, but not for my main method. Also, make sure you're comfortable with your initial 10K of profits taking you 5 months (!) to withdraw. For me, that's a dealbreaker.
I think in this case that is overstating it somewhat.
I looked at the main Apteros page that discusses the Tryout and it lists the FAQs for that Tryout. https://www.apterostrading.com/prop-desk
Tr8er read the page okay. I missed it because I was just having a quick skim through out of curiosity as I hadn't heard of the company before.
If anybody was considering signing up for this service, or any other funding company, the least they should do is take the time to fully read the site and properly understand the offer before paying up. The Apteros website is only six fairly concise pages after all.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
Note that I'm not saying they are not providing the information. It's all there. And I fully agree that everyone should take the time tu fully read and understand the offer.
What I'm saying is that they do not go out of their way to show it. This - as far as I can tell - is true for ALL companies. With LeeLoo/Apex and OneUp I can only blame myself for not reading through the FAQ completely. To be honest - 5 months to withdraw 10K of profits is so ridiculous to me that it didn't even cross my mind to check that I would be able to withdraw money in due time. I knew it was an end of month payout and was fine with that - but I didn't realize there was a cap on withdrawals.
At this point I have little reason to believe Apteros is any different than the rest of these companies. The $500 desk fee is probably just an additional buck in their pocket.
Apteros can set you as "Retail Trader", in this case you dont have to pay the 500 USD monthly fee but you will get retail commission and fees. In case of CL is about 1.50 RT to 4.30 RT
In my opinion there are only two reliable companies Apteros and e2t. All other companies have dealbreaker rules or are very suspicious.
yes so does Leeloo and Apex I do the 50k the fee is a 1 time fee of 150. Apex is monthly Leeloo and Apex limit your withdrawals for 5 months its 1 day a month . The trailing drawdown is for me is a huge barrier