Honest Review of Apex Trader Funding From a Customer (Not a Promoter) + Navigating Eval & PA Rules

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I'm a self-funded day trader who uses Prop accounts as additional leverage, but never as a primary source of income. I do NOT sell a trading course, but do offer free education and coaching here and in our Discord. I paid for courses, but learned everything I actually needed for free on YouTube ant want to help you bridge the gap between where you are now and your goals -- without wasting as much time on bullshit as I did.

𝗚𝗲𝘁 𝘁𝗵𝗲 𝗕𝗘𝗦𝗧 𝗗𝗘𝗔𝗟𝗦 𝘄𝗵𝗶𝗹𝗲 𝗦𝗨𝗣𝗣𝗢𝗥𝗧𝗜𝗡𝗚 𝗺𝘆 𝘄𝗼𝗿𝗸

𝓛𝓸𝓿𝓮 𝔂'𝓪𝓵𝓵 😘

00:00 Intro
00:45 Are Prop Firms Predatory? Is Apex a Scam?
01:00 Do Prop Firms Teach You to Trade?
01:20 How Much Do Prop Firms Make From Trades?
01:40 Prop Firm Rules Are Not a Trading System
02:30 How to Compare Prop Firms
02:50 Apex Denies Payouts
03:30 Apex Prop Firm Requirements
03:55 When can you schedule a payout with Apex?
04:15 The real hidden cost of Apex accounts
04:30 Most Popular Apex Account Size
04:40 Activation Fee
05:45 Apex Reset Fees
06:45 Apex Prof Split
07:00 Getting a Payout from Apex
07:40 Account Number Limits
08:30 Apex Trailing Drawdown
09:20 Actual leverage and funds in Apex accounts
09:45 Drawdown to Profit Ratio
09:50 Daily Loss Limit
10:00 Contract Limits
10:20 Data Platforms
10:50 Apex Trading Rules
11:00 Cancelation for Inactivity?
11:45 Verify Latest Apex Trading Rules
12:10 Apex DCA Dollar Cost Averaging and News Rules
12:20 Apex Allows Bots and Auto Traders
13:15 Is Apex Funding Employment?
13:40 Are Apex Accounts Real Money
14:00 Are Apex Accounts Gambling?
14:55 Apex Discount Margin
15:15 Contract Scaling Rule
16:00 How does Apex deny payouts?
16:30 Trailing Drawdown
17:00 Trailing Threshold
17:30 30% Consistency Rule
19:00 Who is getting denied payouts
20:00 Taxes with Apex Accounts

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program despite trading losses are material points that can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.

Virtual Currency: View CFTC advisories as they contain more information on the risks associated with trading virtual currencies.

#DayTrading #Futures #learntotrade #StockMarket #Investing #Stocks #Trading #BeginnerDayTrading #BeginnerTrading #sp500 #breakouttrading #tradingstrategies
🫶 Some of the links above are affiliate links and I may receive a commission that helps support the channel at no extra cost to you.
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I'm NOT a paid Apex Promoter and I think you should know how they REALLY operate and how to navigate them IF you chose to play their game. This is NOT a paid promotion, it's real information from a real Apex trader who has NEVER been on Apex's payroll. I'm an affiliate like any other Apex customer and since I am an Apex customer, I have also been screwed by them.

Apex promoters don't have generic random coupon codes... just scmucks like you and me.

bullbarbietrading
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I picked up a $150K account for $16 in the New Year sale, with an $85 activation fee (when I pass). The rules seem sensible to me, but I don't risk anything like the levels many prop traders use, and trade micros. I have a TopStep account I passed last year, which has simple rules, but I dislike the 2 micro limit at the start (or 2 minis if you want to blow your account quickly); they should allow at least 4 micros from the start. Apex' trailing drawdown is more onerous, but they also have higher drawdown limits.

st
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as you speakth whilist trying to grasp for air, i feel the pation with which you made this video, not with the interest of making affiliate money but to trully go to the core issues that affect us, the community, the ones with a generic code, the schimmers and scammers, and for that we are trully thankfull Barbie

safetrades
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Thank you. I know after this attempt on my PA account, I won’t do it again. Save to open my own $3000 account in tradavate.

patbudnick
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You should treat trading as business but how could you do it if the company changes rules every other month plus deny payments because of some vague rules of theirs

ZeroFloat.
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Put in for my first payout 2 weeks ago. It was for 3 accounts, had over $54, 600 in each account on $50k accounts. It got denied, I asked why through email because you can’t call and actually talk to anyone. I got an email from an Omar that said they couldn’t give me any more details other than what the original denial email which said Improper Risk Management. Still don’t know which rule was actually broken. First payout should have been $6k, $2k times 3 accounts.

stevensjustin
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Thank you for this video. I’ve been looking at these account as the “$25k, $50k…”. Yet they’re really $1, 500, $2, 000… accounts. Never saw it like that. Thank you!!

raymondedwardsjr
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Really great video thanks for taking the time to make that. I think you have imparted lots of wisdom to people contemplating Apex. If you can stick by all of the rules you will get a payout. If you aren't paying attention it's very easy to violate one of the rules however. Thanks again for the video new subscriber here.

pitchristian
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Great video barbie. very informative, factual, and most importantly unbiased.

blueboyd
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I was looking for someone to explain the rules because I'm about to pass the eval. First time i hear that 30% negative drawdown. If you trade a couple's micros it shouldn't be a problem. You shouldn't use more than 1-2 mini's if want to last

steph-seyw
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Every prop firm will pay you. Period. People break the rules and get denied. Its that simple. It might be an obscure rule but that's what you signed up for.

lrmzx
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I think you make a good point! Prop firms have made it easy for new traders to get Astro capital to trade but that can come with a price. Very cheap evals can promote taking risks and in turn encourage bad habits. Good videos! 🥃

theukfuturestrader.
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I’d like to know your honest review of Topstep.

ednaritchie
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More truths from the Queen of Futures! 👑 You always have the best perspective.

Youremuted
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In the beginning, you said the magic words. “Those are account rules not trading rules”. You did not have to waste your time explaining the rest.

futurestradingstrategies
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The company with the most rules for deny payout.

MyGomdi
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Be sure to set a take profit order! If you accidentally go overb30%they will up your buffer significantly!! Happened to me.

robhill
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Whether you want to go with a funding company or not, this is a must see video. Know the facts and make you're decision.

technomentis
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After a year of studying trading and this industry, i would never expect or necessarily want a firm to teach me. But what i absolutely DO expect, amd demand, is that there is integrity; the money should be made via the trading and the profits shares from that. I learned half way through this journey that apparently that doesnt hardly even really happen; that the money, including payouts, is all based in evaluation and other fees. How can a firm possibly survive if i have a solid profitable trading strategy that they won't even capitalize on with me.

RezPlank
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That's very helpful. Thank you for your time and explanation

Andrew-xmew