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ApexTraderFunding.com experience and review


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  #521 (permalink)
VirtualMark
Birmingham, United Kingdom
 
Posts: 164 since Jul 2022
Thanks Given: 46
Thanks Received: 141


shokunin View Post
Here is a chart of my MAE stats.
https://ticks-in-flow.blogspot.com/2024/06/is-apex-really-looking-for-good-traders.html

I trade ES.
  • Most trades moved against me 1 tick.
  • On average, a trade moved against me 7 ticks.
  • The most a trade moved against me was 67 ticks, but this was on a day with Rithmic issues and I did not DCA on this trade.
  • The next largest drawdown experienced was 36 ticks. I was on reduced size (1 lot) due to the increase volatility at the time.

So what do you do from here? Have Apex told you to trade another 10 days? Do you still have your account balance?

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  #522 (permalink)
 shokunin 
Manchester, United Kingdom
 
Experience: Advanced
Platform: Sierra Chart
Broker: Amp Futures, Apex Trader Funding, Earn2Trade, Topstep
Trading: ES
Frequency: Many times daily
Posts: 95 since Jul 2020
Thanks Given: 9
Thanks Received: 176


VirtualMark View Post
So what do you do from here? Have Apex told you to trade another 10 days? Do you still have your account balance?

Darrell (the CEO) is aware of my complaint, so my plan is to just wait until I get a response. Apex make a point of "always doing the right thing by their traders", so hopefully they will approve my payout after manual review.

If you refer to the email somebody else posted above, it seems Apex are allowing traders to keep the account balance and continue trading. If there are no rule breaks for the next 10 trading days, the trader is allowed to withdraw the standard capped amount only for the subsequent period ($2k on a $50k account). So any profits from the denied period have to remain in the account as buffer and cannot be withdrawn until month 4.

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  #523 (permalink)
 jlabtrades 
San Diego, CA
 
Experience: Intermediate
Platform: NinjaTrader / Tradovate
Broker: Tradovate
Trading: Futures / 0dte
Frequency: Many times daily
Duration: Minutes
Posts: 156 since May 2023
Thanks Given: 89
Thanks Received: 121


shokunin View Post
Here is a chart of my MAE stats.
https://ticks-in-flow.blogspot.com/2024/06/is-apex-really-looking-for-good-traders.html

I trade ES.
  • Most trades moved against me 1 tick.
  • On average, a trade moved against me 7 ticks.
  • The most a trade moved against me was 67 ticks, but this was on a day with Rithmic issues and I did not DCA on this trade.
  • The next largest drawdown experienced was 36 ticks. I was on reduced size (1 lot) due to the increase volatility at the time.

What was the reason they denied you for this? It looks like you followed the new DCA ruling

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Last Updated on June 18, 2024


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