Apex remains one of the best prop firms. It pays well and has the most flexible and least expensive rules. Each prop firm has its advantages and disadvantages
Apex is a modern bucket shop scam operation. Read Reminiscenses of a Stock Operator to learn more. Typically, these shops will pay out affiliate influencers on Twitter/Youtube to make it seem legitimate and lure in fresh meat which is NOT paid on the unlikely event they would turn a profit. If you do business with any such firm, make sure it's one that actually takes you to a live account eventually. I've had positive experiences with Topstep and it seems like a very professionally run operation. They basically have only one rule as well. A big contrast to Scampex which even required customers to send video films of themselves trading at one point.
Sounds like what an affiliate would say. I think you are trolling, giving you the benefit of the doubt.
From time to time users have reported the scenario of extra orders to us. It is often called ghost orders. In my opinion, knowing how the system is configured, this is not and could not be caused by Apex. Each time we research this we have found that the cause of the ghost orders has been either a third party app or a third party plug-in to a third party app copying orders from one of the user’s trading accounts to other of the user’s trading accounts, not behaving as expected. This often manifests itself when the user is in position and then logs in and the copy trading software (in the/app or in the plug-in) is turned on automatically and sends orders to copy or reverse positions. Unfortunately we do not have the ability to fix third party code. However, we have our own copy trading software which does not make ghost orders and does not generate orders based upon positions discovered at log in. Our copy trading software runs on our servers which makes it faster than similar software running within a user’s app and also has the benefit of lower latency as it is running on our machines (and for live trading such machines are in our data center which is within the CME’s data center). The setup is made through R | Trader Pro but any platform connected to our systems can be used to send in orders that get copied. Though we have had server side copy trading running for more than a decade (we call that software trade following), our new copy trading software has been designed to make the setup much simpler. Additionally it enables the trader to setup a single account to receive copied orders from multiple accounts. Our new copy trading software is in beta mode. If any one would like to participate in the beta trial please contact us at support@rithmic.com or contact your broker or funding evaluator and ask to participate in the beta trial. By the way, in limited use in a live system where an order was copied into 2 accounts, we have found that the first copied order took 1.2 - 1.5 milliseconds for our system to discover the order to be copied and then to copy it and send it to the exchange and the second order took less than 80 microseconds after the first copied order to be sent to the exchange. We hope that our speed and low latency will result in users realizing less slippage and a higher p&l.
We have the right to give negative opinions but not positive opinions at least to be treated as a partner?
It does get suspicious when you say they pay well, when the internet is full of stories of them denying payouts and when you say they have the most flexible rules, when that absolutely isn't the case.
I agree. This is real. Just like Fast Track Trading, Apex can shut down anytime. Keep away from Apex and all the other prop firm shits.
is there a maximum number of follower accounts ? When you expect the beta mode to be finished ? The problem with the present copier is that it is cumbersome ?
Apex has been in quite some trouble since last may/june. The thing is without puting the best traders in live trading idk how those sim funding firms can survive long term. Safer to go with the one with clear path to live
There is no specific maximum number of follower accounts imposed by our system. We are looking to complete the beta trial at the end of January but that is not set yet. The Trade following system we have (in place and used for more than a decade) is cumbersome in that the FCMs/Funding Evaluators must approve the participants, and the setup requires running an additional program. R | Trade Following software was designed to support trade following by different account owners (the trading account may be owned by person A and the following account may be owned by person B and these accounts may be in different Rithmic systems under different FCMs/Funding evaluators). Rithmic's copy trading software has been designed for use by a person who wishes to copy his own orders from one or more accounts to other of his own accounts in the same system all under the same FCM/Funding Evaluator (not across FCMs/Funding Evaluators). Consequently, approval for its use may or may not be required by the FCM/Funding Evaluator. Also, the setup is made through a window in R | Trader Pro. In both R | Trade Following and Rithmic's copy trading, the platforms/apps used to place the original orders need not be R | Trader or R | Trader Pro. They can be any app that connects to Rithmic's systems.