APEX TRADER FUNDING REVIEW | Is This Prop Firm Legit?

Full breakdown of my experience with the popular firm known as Apex Trader Funding.

The experience I had with Apex was poor. They make you wait, and wait, and wait some more... Hoping that you will blow your accounts in the meantime... Just to deny payouts to true consistently profitable traders that deploy common strategies.

That being said, like I mention in the video, I do not blame Apex. This was, allegedly, always in their rules and I just happened to be trying their firm when they decided to start their more serious "enforcement."

The communication with this firm, including how they release information about changes and speak to their community, is incredibly unprofessional. If you are new to the game, my suggestion is to avoid this firm at all costs.

Timestamps:
00:00-01:00 - What is Apex Trader Funding and why I picked this prop firm
01:00-03:05 - My experience with Apex Trader Funding
03:06-05:50 - Apex withdrawal process  
05:50-08:30 - The issue with Apex
08:30-10:10 - Are prop firms worth it?
10:10-end - How to pick the right prop firm

#apextraderfunding #propfirmtrading #propfirm

[ticksniper]

Apex don't want real traders. They want the account reset degens instead.

[Gyurix]

I never had this issue with them, because I followed their rules. My last 5 figure payout with them got paid out early, so I can't complain. Yes, they have harder rules than most other firms, but they do pay out if you follow them.

[Slip-Kid]

I've seen them approve payouts after someone makes a video so it wouldn't surprise me if you now get approved.

[CGTraderX]

I've never understood DCA'ing to begin with. My strategy is either win or lose and move on. They do go into great detail in their rules about DCA's. I read the whole thing before signing the contract for my PA.

[reuben]

Hey, Thanks for sharing your experience with Apex. Although I got paid from Apex few times but I am seeing more and more traders posting their videos on Apex as they are very disappointed at the payout stages. Honestly I believe someone in Apex has already been watching these videos and hopefully working on building faith for existing traders and new comers. Thanks 🙏 again

[Aquemineye]

I just switched to Top Step. Love their platform too. I was big on Apex but not so much now.

[whotfismisha]

Good to know. I've got denied one for the 30% rule. Will be trying again in a couple of weeks. Hopefully the second time around I get approved, if not I'm shutting that shit down.

[kidpoker]

I thought the rule was you could DCA 1 time per trade

[isawayto]

I’ve never had payout issues. Just stick to the 30% rules and you’re good. I guarantee you that most people who complain do so because they either broke the rules, or are simply not consistent (or both).

[FuturesTradingwithKellyAnn]

Thank you for sharing all this! I have been trying to warn folks about these guys so they too do not get scammed. I appreciate all of the details you shared here -- great video!

[Ahmadhalabi]

So he can't recommend apex because he broke a rule that is there for everyone to read in the terms and conditions. I read the entire thing before I signed the contract and am aware of the dca rule. Also they allow you to add size to a losing position only once as long as it's the same size or smaller than the initial entry. Again it clearly states this in the terms and conditions that everyone should read thoroughly. A successful trader usually doesn't depend on dca into a losing trade as their A+ set up. If your system is dependent on adding to losing trades then you likely need a new system.

[KennethGman]

So did you ever get a payout with Apex or did you just cancel the accounts?

[oxfordbambooshootify]

Apex is fine. Their rules with PAs are super strict and limits certain strategies from being compatible but play by the rules and they'll pay consistently

[songlee]

Bro, all you had to do is continue trading and do not violate any rules until the next payout. You never mentioned if you were denied because of DCA or risk management

[ItsWassupDoe]

How many cons are you trading also mnq or nq

[utuberx]

have the new rules that were voted on like the 8day payout request, 40% rule, etc, been finalized yet or are we still under the original ones

[KFlow]

Anyone get an payout in the last month? Discord is in maintenance which kinda worries me.

[HoboJoeTrades]

sadly not anymore with their new rules, apex has been around for a while and once the rules 3.0 came out, i just closed my 10 PAs and switched firms after trading and getting paid for over a year, topstep and TPT much more reputable.

[futurestradingstrategies]

How many evaluations and blown accounts did you have to go through before you got denied?

[Noobie_Nasdaq]

hi, what was the reason for the denial? did you DCA more then 1 time?