In the mid 00s I took Trinitas Capital for $360K (splitting $720K) and Oanda's box options for >$800K over 10 months (8-10 SSNs) which caused the closure and sale of Trinitas and Oanda to cease operating in vol. Other than the overt flex... it was a dealer market that I exploited. You don't want your backer as your counter-party.
Are you retarted ? Or just a troll ? You first asked yourself if the guy used the SIM environment loopholes. I asked exactly the same question. You know what is "" mark, or not yet ? What means "played the sim" in context of this discussion and your question ? So you brag that you native English speaker and you don't even understand your own language ? It's pathetic.
Do you maybe want some award ? Like "captain obvious" shield ? Everyone in that thread knows that. It is just you who cannot understand that all that doesn't matter if the guy used loopholes in sim environment.
Who said anyone is attracted to those companies ? Can you read with understanding or you not yet on the level of that skill ? Most people here say those companies are shady and no point to do deal with them. The discussion is - are there any reasons that are not disclosed here that the guy payout was finally rejected or not. And based on OP's silence in that matter, after some specific comments or questions - there can be something more to the topic.
That is obvious (the summary line). But it is not the point of discussion here. The discussion is - does the guy did everything in line and he just got scammed. Or - he also did scammy actions, and because of that he will have issues getting that $ from them even in case of legal actions. You compare situation where you were trading normal legal (at least back then) financial instruments that we could even call "real maarket" - doesn't matter who created that market for you and who was counterparty with "SIM game". "Sim game" where no one even create market for you. So it's closer to old school bucket shops. The problem is in your country it doesn't fall in same categories. This is what those companies use - this is grey area. I will tell you more - they are fully aware of it, one of those so called "funding props" in my experiment even bluntly in arrogant way told which institutions will care or not care about them etc. Of course it doesn't change the fact one should pursue that route anyway.
Yea, typical response from a troll cornered by logic and arguments. Congratulations. And saying that - I put you on ignore. As I don't feed the trolls.
I get the sense that the majority here are arguing for the sport. Looking for loopholes inside a criminal organization. Indefensible positions. One idiot asks if he was on sim then states he didn't (ask). Language barrier notwithstanding -- these "firms" exist to serve the borderline functional like our NATO-friend. And yeah, anyone can open an account with AMP and trade Micros but I assume the allure of "being backed" (sic) is there. Not for you. I get that it was a low barrier to entry into the mkts.
You have to give it to the Apex marketing team, I've been hearing shit from them for about three years, and they still keep finding suckers.