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Recent reviews

Tarik Rg

Tarik Rg

Rated 4 out of 5 stars

Apex is still one of my favourite prop firms, and I continue to use them. Their evaluation prices are often very competitive, especially when they run promotions, and I like the fact that their rules are generally more trader-friendly than some competitors. For example, if you accidentally try to trade more contracts than your account allows, the system can simply reject the extra order rather than immediately fail you. Likewise, if you leave a position open too late, they can close it for you instead of treating one small mistake as the end of the world. I think that is a much fairer way to manage risk. The weaker side is account management and communication. If an evaluation is already very close to failure and the subscription renews, the account does not reset. You can therefore pay for another month and potentially lose the account shortly afterwards. Considering evaluation fees and subscriptions are clearly an important part of the prop-firm business model, I sometimes joke that traders like us are doing our bit to keep the lights on. That is fair enough, businesses need to make money, but I think there should be better warnings before renewals, especially when an account is already hanging on by a thread. Notifications could also be improved. In my experience, renewals and failed evaluations are not always communicated clearly, so sometimes you have to investigate yourself to work out which account has failed and why. Customer support is probably the weakest area. It can be surprisingly difficult even to find the right way to contact someone, which is not ideal when money, subscriptions and trading accounts are involved. Overall, I still rate Apex positively. Their pricing is usually good, their rules are sensible and forgiving, and they generally seem to prefer preventing mistakes rather than catching traders out. They just need to improve the support, notifications and renewal experience. I am still using them, so clearly they are doing more right than wrong. I just wish my evaluation subscriptions did not occasionally feel like a charitable contribution to the Apex balance sheet.