The largest FX prop firm named MyForexFunds stopped working now, are they out of business ?

APEX is a ponzi scheme. I've said this a hundred times. The proof is in the payout policy. They're using other trader's funds to payout to a few. They're next on the list for a CFTC investigation.

On another note, I read that TickTickTrader is only paper trading regardless whether the trader is profitable or not. It's on their website. Wondering if they copy profitable traders who pass the evaluation. Their payout policy is 40 days for 90%, but you can withdraw immediately with a 50/50 split. They're in Europe so not sure if the CFTC has any interest in them. I may signup for their $100K account which has not time limit. Curious to see if they really pay.

 

Other risk in this space is if the live sim infrastructure providers, e.g. Rithmic/Tradovate get hit with a cease & desist for provision into live sim operators. Then it doesn't matter where any evaluator is located.

 

That's a good point. I wonder what their liability is. I don't think MFF used either one - not sure.

 

They didn't because they were forex. MetaTrader was the "broker" side there.

 

Whatever the gov agency has no case that is why they delay court hearing until Oct 30. Wouldn't be surprised if unother delay after that.

 

what?

 

If this is still alive for you:
https://www.elitetrader.com/et/threads/20-x-150k-apex-roadmap.375298/page-20#post-5854821
it sounds like you’re mainlining hopium

 

That's very much alive thank you. At equity high 4600.

 

Wishing you all the best for turning it into a payout.

 

Thanks and also for correcting the wrong court date to Oct 2.