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

Discussion in 'Prop Firms' started by TrAndy2022, Sep 1, 2023.

  1. It's funny because I made a post on another site giving a synopsis of the MFF fiasco and like clockwork, someone showed up on the post promoting Apex.
     
    #51     Sep 3, 2023
    Laissez Faire likes this.
  2. Well, you have the founder making an outrageous claim (likely a lie) with zero evidence of having ever done so, i.e., making $300K worth of profits from another 'get funded' firm. There's no statements, no nothing.

    Why would you give the benefit of doubt to someone who's blatantly lying/misleading on the front page which endorses his firm?

    Feel free to point out exactly which accusations you're referring to.

    I never explicitly said that Apex is scamming customers, so I'm curious exactly which of my 'accusations' you're having an issue with.
     
    #52     Sep 3, 2023
  3. Well, the claim was that he took out $300K of trading profits from another 'get funded' firm before starting his own (a better one, LOL).

    I don't know anything about his activities as a rancher and I'd say it's far more probable that he's had some success there. At the moment, I'm sure he's making good scratch selling subscription fees.
     
    #53     Sep 3, 2023
  4. Vadym

    Vadym

    In the USSR there was a movie called "BURATINO" - an analog of PINOCCHIO.
    There was a scene like this......
    Alice the fox and Basilio the cat saw that Buratino (Pinocchio) had gold coins.
    Approaching him, they began to persuade him:
    "Let's plant these gold coins in the ground and you will water them every day and a great big tree of many, many gold coins will grow. Give us those gold coins, we'll plant them..."

    Naive Pinocchio naturally gave them the coins.

    FTDK you remind me of Pinocchio in some ways....
    You want proof?
    But none of us are police investigators.
    And when there is evidence (MFF example), it will be too late.
    On this occasion we have a saying like this:
    "It's too late to take your medicine when your kidneys have failed."
     
    #54     Sep 3, 2023
    TheMordy and Laissez Faire like this.
  5. If you check out TrustPilot there's a ton of bad reviews on Apex:

    The common complaints I see are accounts being blocked for no reason, accounts being blocked because of bad reviews on TrustPilot and connectivity/platform issues which leads to evaluations being failed.

    You can only take my word on it, but I've been with E2T and OneUp in the past and connectivity issues and platform freezes were quite common. To E2T's credit, they once reset my balance as they acknowledged there was a widespread server error. The second time they did not, though.

    I must have had close to 1000 days of trading in a live account with NinjaTrader and connectivity issues have happend on less than 5 days.

    But @FTDK and @DevBru wants to stick to 'facts' and give Apex the benefit of doubt...very odd in light of what just happened with MyForexFunds. I wonder why Apex should be any different.

    They will probably say that the one-star reviews are from the competitors...

    upload_2023-9-3_17-21-20.png
     
    #55     Sep 3, 2023
  6. traider

    traider

    Does this mean all the trading evaluation firms are similar
     
    #56     Sep 3, 2023
  7. FTDK

    FTDK

    My gosh, what a fucking shitshow this thread has become.

    Get a life dude ...

    You were the one shouting the good reviews (of which they have much much more) have to be fake in the past, but the bad ones has to be real, while there is absolutely not one single reason to assume the good have to be fake or the bad ones have to be fake. But as soon as i point out both can be fake your brain, or lack there of, goes haywire, it doesn't fit your shitty opinion based on absolutely nothing, so it is impossible in your tiny mind.

    You are a pathetic clown, thanks for proving it once again.

    This thread and forum have become a joke, no wonder +90% of the posts come from losers and losing traders like you, but hey dude, keep doing what you do best, bullshitting, probably while sitting in your underwear in your moms basement.

    I am out of here for good, this shitshow isn't worthy of my time anymore. And unlike others i will make good on my promise, because i am not a clown like Laissez Faire.
     
    #57     Sep 3, 2023
  8. DevBru

    DevBru

    Why would this mean all trading evaluation firms are similar? If one cop is bad, does that automatically mean all cops are bad? Absolutely not ...

    For now there is no evidence showing other firms are also running software to make sure their traders lose.
     
    #58     Sep 3, 2023
  9. Common sense from understanding the business model (bucket shop with no orders hitting the market), the recent MyForexFunds debacle, plus my own experience with similar firms on connectivity issues most certainly does not lend Apex the benefit of doubt.

    No need to get all riled up and emotional, buddy. You should be able to keep your calm and discuss this like adults.

    Anyway, that's your choice. Don't let the door hit you on the way out.

    Ciao.
     
    #59     Sep 3, 2023
  10. DevBru

    DevBru

    Well, lets look at some other examples following this fucked up logic.

    Interactive Brokers has 23% 1 star reviews on thrust pilot, must mean they are scammers.
    AMP has 9% 1 star reviews on trust pilot, must mean they are scammers.

    And i could give hundreds of other examples.
    All much more than the % of bad reviews Apex has.

    See the issue with your foolish logic?
     
    #60     Sep 3, 2023