So Apex changed a key rule for withdrawls, for instance on a 50k account, you had to have a minimum of 50101 left after a withdrawl. So for instance if your account was 52600, you could withdraw 2499 and be left with 50101. Now the minimum balance after a withdrawl is 52600. so if you account is 55000, you can only withdraw 2400. it affects all funding levels, i just used 50k as an example

So Apex changed a key rule for withdrawls, for instance on a 50k account, you had to have a minimum of 50101 left after a withdrawl. So for instance if your account was 52600, you could withdraw 2499 and be left with 50101. Now the minimum balance after a withdrawl is 52600. so if you account is 55000, you can only withdraw 2400. it affects all funding levels, i just used 50k as an example

Sounds like they're on their way to blowing up. The payout policy says it all. They're running out of cash and want YOU to be the bank.
Good luck with that.

Hi,

It's exciting that you now offer the ability to trade EUREX through Tradovate, can you please suggest to the boys in charge to enable it in Rithmic also? That would be amazing!

Regards,

We are NOT running out of cash, we are growing steadily. We are trying to find ways to help our traders.
Spreading false information on social media was one topic during the Town Hall meeting last night btw.

Apex Trader Funding decided to have this Live Town Hall style webinar last night to express its concerns and reasoning behind the potential changes and to let traders express their thoughts as well. Now that our traders understand the concerns and what to be aware of in order to help protect their PA accounts and set themselves up for the best possible change of ongoing and future payouts we have decided to leave the payout rules as they were and to NOT make any changes regarding the "safety net".
Now that traders understand that they need to manage and plan to leave themselves plenty of cushion , we are leaving it in the hands of the traders. No changes will be made, everything will stay as it has been.

I can't promise anything but I will bring this up during the next meeting with Rithmic.

And I wonder if this guy has to leave $400,000+ in his account????

I have been financed with Apex for three months now, this will be my fourth month. I have to say that so far everything has been going great, paying on time and without any problems. The fact that they have rectified the safety net says a lot about them and how they listen to traders.
Another feature that makes me trust them is the DD, because once you are funded, you can use all the money earned as DD, something that other companies don't do.
At the moment this partnership is going for a long time....