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  • #37,901
  • Jun 17, 2024 3:42am Jun 17, 2024 3:42am
Quoting stirmatt
{quote} I understand your pain but you must know that your SL got filled at that price resulting into $2,900 doesn't mean that the market has gone beyond that point before it finally found a good price to take you out of the trade. Your SL was 38842.85 and your trade was close when market found a reasonable price at 38952.11 (time 15:31:06) Highest price on M1 candle of 15:30 hours was 39158.36 Highest price on M1 candle of 15:31 hours was 39093.47 You can see that market moved beyond the loss in your account and this has voilated your daily loss....
Yes, I am aware of what happened on the M1 chart during that time and I understand.

But their system is saying that I got filled in the middle of the M1 candle when the price is going up. And it's clearly stated as a record on MT5 and dashboard.

But their representative is trying to manipulate it and saying that I got filled on the highest point of M1 so that it would look like I got hit by Max Daily Stop Loss Limit but the problem is they don't have any proof of that. My proof is saying it all but they won't accept it and just divert the conversation and saying that there's no room for them to make any error or mistake.
We're not here to be right, we're here to Profit Consistently!
  • #37,902
  • Jun 17, 2024 4:25am Jun 17, 2024 4:25am
Quoting ranilo.vince
{quote} Yes, I am aware of what happened on the M1 chart during that time and I understand. But their system is saying that I got filled in the middle of the M1 candle when the price is going up. And it's clearly stated as a record on MT5 and dashboard. But their representative is trying to manipulate it and saying that I got filled on the highest point of M1 so that it would look like I got hit by Max Daily Stop Loss Limit but the problem is they don't have any proof of that. My proof is saying it all but they won't accept it and just divert the...
No offense dude, Im not sure when you found this forum and thread. But in this thread they have constantly warned against using any forex prop firm apart from FTMO basically since MFF. So I have no idea why you are upset if you knew about that . If not my apologizes. But regardless move on. Not worth the energy. You deal with scammers. Who thrive on others misery and gambling habits.

You serious think theres any morals and justice in the minds of the people who work in such firms. Just trying to keep it real here and for others considering forex prop firms in general high risk right now. Just look at FTMOs new descriptions of their challenges, its all "simulated profits" suddenly while before they thought they were in the "safe zone" they had no issues to portray themselves as its all real cash. It just shows they are all scums in that industry, but nothing new.
Let it go,get out in nature or if you believe in higher power do that.

Regarding Apex lately, appears they did hit the peak awhile back now free downfall a la MFF style. I was 5months off at least tho in my prediction of their downfall so I'll take that as a defeat.
  • #37,903
  • Jun 17, 2024 4:29am Jun 17, 2024 4:29am
Quoting ranilo.vince
{quote} Yes, I am aware of what happened on the M1 chart during that time and I understand. But their system is saying that I got filled in the middle of the M1 candle when the price is going up. And it's clearly stated as a record on MT5 and dashboard. But their representative is trying to manipulate it and saying that I got filled on the highest point of M1 so that it would look like I got hit by Max Daily Stop Loss Limit but the problem is they don't have any proof of that. My proof is saying it all but they won't accept it and just divert the...
Your trade was close at about 15:31:06 hour as seen in your terminal record which mean that actual loss should exceed the loss in your account. The upward movement was fast and volatile and price reached 39158.36 and the market could not find price to exit you until it retraced back to 38952.11.

I would advise you to just move on. If you are trading live and managing other people's fund, some of them would have loss of $5000 plus because of the movement. The error in the amount lost on the trade was from the in-house metatrade they are using.
  • #37,904
  • Jun 17, 2024 4:32am Jun 17, 2024 4:32am
Quoting HengkiTjen
{quote} bro if i were you move on as we aware prop shop is Ponzi scheme, there is still fews prop that pay you if you profitable
Can you please advise other prop firms that are still paying profitable traders aside from FTMO?

Because I am already with FTMO and got paid by them that's why I'm happy with them.
We're not here to be right, we're here to Profit Consistently!
  • #37,905
  • Jun 17, 2024 4:37am Jun 17, 2024 4:37am
Quoting ranilo.vince
{quote} Can you please advise other prop firms that are still paying profitable traders aside from FTMO? Because I am already with FTMO and got paid by them that's why I'm happy with them.
You can try 5%er. I am currently on trading 100k High Stakes phase 1 with them
  • #37,906
  • Jun 17, 2024 4:40am Jun 17, 2024 4:40am
Quoting stirmatt
{quote} Your trade was close at about 15:31:06 hour as seen in your terminal record which mean that actual loss should exceed the loss in your account. The upward movement was fast and volatile and price reached 39158.36 and the market could not find price to exit you until it retraced back to 38952.11. I would advise you to just move on. If you are trading live and managing other people's fund, some of them would have loss of $5000 plus because of the movement. The error in the amount lost on the trade was from the in-house metatrade they are using....
Thanks for the explanation Matt.
We're not here to be right, we're here to Profit Consistently!
  • #37,907
  • Jun 17, 2024 5:05am Jun 17, 2024 5:05am
Quoting labu
{quote} No offense dude, Im not sure when you found this forum and thread. But in this thread they have constantly warned against using any forex prop firm apart from FTMO basically since MFF. So I have no idea why you are upset if you knew about that . If not my apologizes. But regardless move on. Not worth the energy. You deal with scammers. Who thrive on others misery and gambling habits. You serious think theres any morals and justice in the minds of the people who work in such firms. Just trying to keep it real here and for others considering...
Thanks as well for the info Labu... I understand now...
We're not here to be right, we're here to Profit Consistently!
  • #37,908
  • Jun 17, 2024 5:23am Jun 17, 2024 5:23am
Quoting sampat
Agree but their risk management can reject additional order?
-They should not have to, really. We are traders. They are giving us capital to trade. We should be able to follow their rules. If the rules are not agreeable, then we have the freedom to choose something else.
  • #37,909
  • Jun 17, 2024 6:25am Jun 17, 2024 6:25am
Quoting stirmatt
{quote} You can try 5%er. I am currently on trading 100k High Stakes phase 1 with them
I have no experience of them at all, but have always had a second-hand high opinion of them in the past, mostly because they seem like decent people, and until recently I’d never seen/read anything bad about them online, at all (which must say something?).

So if people were absolutely determined to trade CFDs, and wanted a forex funding company, and didn’t mind that the “funded account”, when you get one, isn’t actually funded at all and there’s no broker involved, I used to “recommend” 5%ers as “what seemed like the safest option,” as far as I could tell.

But just recently I see a couple of people at Babypips have apparently had great problems with 5%ers’ customer service (and are saying that it’s terribly bad and not to be trusted), which is really disappointing.

Of course, when it’s only a couple of people complaining in one place (rather than hundreds screaming, all over the web), you can’t really tell what’s going on, or whether the information’s reliable at all … but I’d be interested to hear your “take” on this, if you have one, and especially interested to hear your impression of 5%ers’ customer service, if you’ve ever had occasion to use it yourself?

I know they’ve had a few technical problems in the past, but I think that was only briefly and just when they had unusually “special offers” on and their servers were overloaded? So I don’t want to be prejudiced against them just for that … I’ve certainly never seen any complaints at all about them not paying out?
  • #37,910
  • Jun 17, 2024 7:02am Jun 17, 2024 7:02am
Quoting Quickly
{quote} I have no experience of them at all, but have always had a second-hand high opinion of them in the past, mostly because they seem like decent people, and until recently I’d never seen/read anything bad about them online, at all (which must say something?). So if people were absolutely determined to trade CFDs, and wanted a forex funding company, and didn’t mind that the “funded account”, when you get one, isn’t actually funded at all and there’s no broker involved, I used to “recommend” 5%ers as “what seemed like the safest option,” as far...
I have read a lot of good things about them and like you rightly said, there would always be few bad comments or unsatisfied customers in every business. We must also know that there's no safe prop firm as far as trading is concern.

I'm new with 5%er and I have not have any converstation with their customers service. I am aware that they do not like DD that's more than 1% on any trade at a given time.
  • #37,911
  • Jun 17, 2024 7:32am Jun 17, 2024 7:32am
Quoting stirmatt
I am aware that they do not like DD that's more than 1% on any trade at a given time.
That sounds completely reasonable, to me, anyway - thanks for your reply.
  • #37,912
  • Jun 17, 2024 7:34am Jun 17, 2024 7:34am
Quoting Nsak3y
{quote}-They should not have to, really. We are traders. They are giving us capital to trade. We should be able to follow their rules. If the rules are not agreeable, then we have the freedom to choose something else.
Yes agree. But it is for their interest not traders. Imagine if they restrict DCA or show somewhere in the dashboard regarding broken rule how much noise they can reduce and its APEX that is complaining about too many tickets and their staff is overloaded.
  • #37,913
  • Jun 17, 2024 7:36am Jun 17, 2024 7:36am
Quoting Quickly
Of course, when it’s only a couple of people complaining in one place (rather than hundreds screaming, all over the web), you can’t really tell what’s going on, or whether the information’s reliable at all … I know they’ve had a few technical problems in the past, but I think that was only briefly and just when they had unusually “special offers” on and their servers were overloaded? So I don’t want to be prejudiced against them just for that
-That's weird.
  • #37,914
  • Jun 17, 2024 7:45am Jun 17, 2024 7:45am
Quoting sampat
Yes agree. But it is for their interest not traders. Imagine if they restrict DCA or show somewhere in the dashboard regarding broken rule how much noise they can reduce and its APEX that is complaining about too many tickets and their staff is overloaded.
-It does not seem reasonable to me that they should create a custom dashboard that integrates with various trading platforms, all because traders cannot be bothered to read and/or follow the rules.

Their staff is overloaded with many tickets because traders act like babies and cannot be bothered to read and/or follow the rules.

People here want to cry foul that there are so many payout denials, but fail to address the true reasoning behind those denials, while also failing to recognize the massive amount of payouts that continue to go out in record time.

I do not want to take this position of always defending Apex or any other firm, but people need to try to be more objective about these things.
  • #37,915
  • Jun 17, 2024 7:59am Jun 17, 2024 7:59am
Quoting Nsak3y
I do not want to take this position of always defending Apex

You took exactly that position long ago, and have never wavered from it, however many other people have changed their minds (and that’s a lot of people!).

Looks like you will be their last standing supporter/defender; still, someone has to be, and top marks for consistency.
  • #37,916
  • Jun 17, 2024 8:06am Jun 17, 2024 8:06am
Quoting Nsak3y
{quote}-It does not seem reasonable to me that they should create a custom dashboard that integrates with various trading platforms, all because traders cannot be bothered to read and/or follow the rules. Their staff is overloaded with many tickets because traders act like babies and cannot be bothered to read and/or follow the rules. People here want to cry foul that there are so many payout denials, but fail to address the true reasoning behind those denials, while also failing to recognize the massive amount of payouts that continue to go out...
I think they are pretty generous. Even DCA or any other rules were broken. They are still giving payouts if average daily profit is made for 10 days. Traders even have choice to remove profits and start from scratch. This is a big deal.
  • #37,917
  • Jun 17, 2024 8:14am Jun 17, 2024 8:14am
Quoting sampat
{quote} Yes agree. But it is for their interest not traders. Imagine if they restrict DCA or show somewhere in the dashboard regarding broken rule how much noise they can reduce and its APEX that is complaining about too many tickets and their staff is overloaded.
I agree. DCA can be easily defined mathematically and easily coded. A count of DCAs in dashboard would save most of the fuss. Basically like Alpha had for Martingale. They had a count of martingale in dashboard, which was reseting every week or so.

Apex could even use it to have, for example, a tolerance of 2 or 3 DCAs violation per month and send automatic email warning that a DCA was detected, remembering the people that don't read rules that they may be about to have a violation.

It would make much more sense than having dozens of support agents verifying things manually and taking 14 days, as they did with Expo here.
  • #37,918
  • Jun 17, 2024 8:48am Jun 17, 2024 8:48am
Quoting KarlKraus
You took exactly that position long ago, and have never wavered from it, however many other people have changed their minds (and that’s a lot of people!). Looks like you will be their last standing supporter/defender; still, someone has to be, and top marks for consistency.
-Incorrect. I have maintained objectivity and have tried to offer additional perspective against the flimsy claims that you and Quickly love to push ad nauseam.
  • #37,919
  • Jun 17, 2024 8:50am Jun 17, 2024 8:50am
Quoting sampat
I think they are pretty generous. Even DCA or any other rules were broken. They are still giving payouts if average daily profit is made for 10 days. Traders even have choice to remove profits and start from scratch. This is a big deal.
-Agreed. But the two power trolls will surely elect to ignore this point.
  • #37,920
  • Jun 17, 2024 9:21am Jun 17, 2024 9:21am
Quoting Boulder
{quote} I wont get paid either by apex since I didn't use consistent contracts. Good thing I paid lifetime fee, I am just going to use the accounts as practice. I got 4x$50K and 5 x $250K pa during the promotion, with all those payment denials going on with apex, I lost interest too. I got to the point that I don't even care about my Apex PA accounts, I won't get paid anyway since I violated all the rules in their book for them to deny my payouts Currently, I prefer topstep
Yayy, first time reached profit targets in Topstep. Love topstepx trading platform. Do I wait for the end of the day for funded accounts?
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