u/Fragrant-Key-1937

Is APEX scamming traders?

As of today - APEX is a HARD PASS for me.

I just bought a new eval account yesterday. I took three trades (1 win, 2 losses). But they were manageable 'cause I was still far from my max drawdown.

As I was prepping to trade this evening, I suddenly couldn't access my account! Only to find out that APEX had marked it as 'Blown' - even though I was FAR from my max drawdown.

This is the second time this happened to me. I just let it go the first time 'cause I thought I was close to my max drawdown back then. But now, it feels so scammy. Looking back, I realized that the first time it happened was on a PA account which feels even worse thinking about it now.

I'm back here on reddit specifically because I found a post from someone who had a similar experience, and thought this should be brought up again.

Personally, I'm moving on from APEX. But we really need to talk about how prop firms are overpromising, underdelivering and at this point, scamming people with hidden rules and automations. Traders deserve better.

reddit.com
u/Fragrant-Key-1937 — 2 days ago