Apex Trader Denying Payouts | Direct To Funding?

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Apex trader is denying a ton of payouts again. Also rumor has it they are entering the direct to funded space.

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Day Trading Futures contains substantial risk. The content posted in this video is for enterainment purposes around day trading. Day Traders should consider their financial situation and consult their accountant before making any financial decisions.
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I found that the proper way to have good risk management was to not use Apex Trader Funding ever again. Couldn't be happier moving back to Topstep.

Hamzslice
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Apex does not want profitable traders, simple as that

ufftatabummbumm
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Apex is not gonna forced TOPSTEP for nothing anymore because TOPSTEP already know ppl are losing confidence in apex .

moneymic
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Thanks for the shoutout man. On one of the denials it was the "do not go down more than 30% of your drawdown in unrealized gains" rule that i broke. In the other denial, I have no idea. Maybe the 5:1 risk to reward ratio, but I don't really know. Also have 1 pending for 3 days now that I didnt trade nearly as good as the other 2, so it will probably be denied. With all that said, under the previous rules, ALL 3 would have been APPROVED for $2K... so mission accomplished by Apex in terms of paying out less to traders. I traded the shit out of all 3 of these accounts. Meanwhile I got approved and PAID by My Funded Futures in 2 minutes and 9 seconds on Friday while streaming. 🤣 But with all that said, I'll play the game bc I want my fucking money!!

zerodayjay
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No idea why anyone would waste time on Apex. Topstep is what’s up. I’ve never had any issues with them for over 2 years and there are no ridiculous rules. Stop being lured in by Apex’s cheap prices…it’s not a deal when you never get paid out.

BASENYC
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I was denied for improper risk management. I asked for clarification from compliance on what I did exactly, and they refused to tell me. That tells me that they can deny at anytime for any reason. The 30% rule is stupid.

I already started my TopStep combines.

kirkblackshear
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So much less stress trading with a different prop firm. the rules apex has is INSANE and specifically tailored for them to always have a reason to deny you. any self respecting trader would stay away from them, only gamblers that drool over the 20 accounts remain. To the people in the comments who will defend apex tell me, what good is having 20 accounts if you dont get paid? I'd rather have 5 from elsewhere and guarenteed to get paid if I make money.

A_Derpy_NINJA
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Its pretty shady that the ceo wears dirty street closes in his interviews with a fake green screen trading room image in the background. His image is so faded it looks like hes sitting in his moms dimly lit basement with cigarette smoke floating infront of the camera. His affiliates have better studios than him, yet he's supposed to be running a multi-million dollar company? I don't know why people are always so wuick to jump back on the apex bandwagon.

willh
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Most of the new Apex rules are very clear, straightforward, and easy to follow. The one rule that isn't so clear, and could be a potential pitfall for traders, is the 5:1 risk/reward rule. It makes no sense to have this rule considering how many traders use mental stops, and the fact that the 30% rule is already in place, which effectively cancels this rule out. Are they basing the 5:1 rule on past trading history? Or psychic ability, knowing what my R/R goal is on every trade? They don't really say. For these reasons alone the rule should be axed. Otherwise, in the minds of traders such as myself, it's simply a loophole excuse to deny a payout and further damage their reputation. The 30% rule is clear and concise, and guards against heavy losses already. There's no need for the 5:1 rule.

HisWordsAreTruth
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Spent way too much money on evals and activation fees, only to be denied for flipping (best I can think of, moving to BE was counted as flipping). Switched to topstep, passed eval on 1st go, and got payouts. No stress, super simple. I wish I could go back in time and tell my younger self "those sales and multiple accounts are a trap!"

marklehman
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Apex Funding: where the charts aren’t the only thing full of resistance levels!

SG-vfbj
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moved to topstep on the 23/9 when the whole "live account promotion" shit happened and the "you cant open more evaluations" shit.

yairn
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When will ppl learn stop trading with them

InTheStreetztv_Reloaded
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The rules are in the FAQ section. It is VERY clear how they want their traders to trade. Read the rules! They are definitely rough to follow at first BUT if you trade conservative for a few months, Apex is fine. The trick is to make 500.00 a day on one acct, with less than 750.00 a day loss, you will be fine.

CarpeDiemXXX
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Before you sign up with any firm, read the rules. Experienced traders would never agree to trade under certain restrictions which are simply designed to deny payments. Too bad many will continue to fall victims to such scams.

futurestradingstrategies
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Apex is not the cheapest anymore. Even their 25k account is more expensive than a MFF 50k starter eval. $80 flat no activation fee and super quick payouts.

joshjagesar
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Apex's obscure rules are the smartest strategies for them to deny anyone in anyway at anytime. Very clever!!! :)

huizhao
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Sayonara FTT, APEX, you change the rules to line your pockets and empty mine, then I'm out.

LUCK
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Apex properly the NEXT firm shutting down

traderjay
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Three words of the day; Topstep, MFFU, BluSky

jayix