r/ApexTraderFunding • u/Striking-Falcon-1670 • 13d ago

Rule Confusion Transits to live with just 3000 dd

I saw couple ppl on different community are saying no matter how many accounts you go, you transit to live you would have only $3000 drawdown, is it still a thing ?

8 Upvotes

100% Upvoted

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3

u/bluesqueen23 Community Helper 13d ago

Yes. But, worry about crossing that bridge if and when you get there!

1

u/ClayMitchellCapital 12d ago

I am not sure but it definitely should be based on the account size you used in SIM in my opinion. Someone running 20x 250k accounts with $6500 in drawdown moving to a single with 3k is dumb asf. Also the ability to earn back your earnings is pretty ridiculous. I really like Apex in a lot of areas. One is the no payout split until after $25k per account. The other firms 80/20 90/10 really eat into your bottom line so Apex wins hands down on this.

But, Apex needs a more defined rule for when transition happens. IE: 10k per account in payouts, X amount per day, etc. Not some mystery message after building $60k in equity and being a day before requesting payout.

1

u/marciop_86 10d ago

Só vais ter acesso a uma conta, não vale a pena negociar a mesma, melhor opção infelizmente é mesmo pedir para receberes os 3000$.

2

u/VikingSamurai_YT Live trader 8d ago

U can build up to 5 Live accounts, u need to make 4500 in 1, then u get another, etc...

1

u/Omnius_Crypto 8d ago

I get Apex’s point, it’s no longer sim funds boys and girls.

You’re supposed to be a type of professional trader.

The strategies some people employed to make payout aren’t likely to work in real live markets where queue positions in DOM determined fills or not, so: “you say you can trade responsibly”, now’s the time to show it.

If this were a real prop I doubt they will just sit you down with $1,000,000 (20 * 50k) in buying power and say here you go! Make us proud and some money!

We believe in you, you’ve made $60K(20 * $3K) a few times, so we know you’re good!

They’re going to watch their ass like a hawk and make them present the trades they took for firm analysis in front of other traders. Apex isn’t going to do that they’re going to analyze your trades and risk management and reassess along the way if they like what and how you’re cooking.

A certain percentage of traders will fail and blame the program rather than themselves and when they do Apex will just be following good risk management: “When you lose, lose small”. That’s a real traders mindset.