Apex approved $100K payout, then erased it

Discussion in 'Prop Firms' started by billT, Jun 25, 2025.

  1. hilmy83

    hilmy83

    Nice! hope that fat bastard pay you out. THEN NEVER RETURN. nobody should be a career "prop" trader at these places. Just get your stake and trade your on your own
     
    #161     Jul 3, 2025
    SimpleMeLike likes this.
  2. billT

    billT

    Apex Wrongfully Closed My Case — Here’s the Full Timeline:



    Despite Apex stating “we have closed your case because we did not receive a response”, here is a documented list of my replies and submissions proving otherwise:



    ✅ Timeline of My Responses to Apex:



    • May 22 – I sent the 5 trading days prior to their request (chart markups included).
    • May 22–23 – I sent the 5 trading days after, plus a full written explanation of my trading strategy (entry rules, stop loss, R:R, scaling in/out, risk logic).
    • May 29 – I followed up respectfully, asking if the review was complete.
    • June 4 & June 11 – I sent additional follow-ups requesting status.
    • June 17 – I filed an official complaint with the FTC (confirmation #2506-1722-1244-06) and CFTC.
    • June 20 – I issued a formal final warning for escalation.
    • June 27 – I submitted everything to the BBB – Texas, including emails, payout approval, chart markups, and evidence.
    • July 1 – I asked again for a full response and resolution.
    • July 2 – I sent a final follow-up after discovering Apex falsely closed my case, claiming I “did not respond.”





    Reminder:



    • Ticket #931367 – Payout of $100,239 was officially approved on May 2, 2025, by Tyler Jarvis.
    • Apex had no grounds to claim I was non-responsive.
    • All compliance documentation, markups, and explanations were submitted within their required timeframe.
     
    #162     Jul 4, 2025
  3. You should send this data set and your complaint to your state attorney general‘s office.
     
    #163     Jul 6, 2025
    tomas262 and billT like this.
  4. billT

    billT

    Yes that’s what a did :)
     
    #164     Jul 6, 2025
    tomas262 likes this.
  5. tomas262

    tomas262

    gave up on props except topstep where my trades are being copied to from the live account where every fucking cent made is mine
     
    #165     Jul 6, 2025
  6. newwurldmn

    newwurldmn

    100k is enough to warrant a lawsuit
     
    #166     Jul 6, 2025
  7. demoncore

    demoncore

    "Tyler Jarvis Apex Trader Funding" should be named to the suit or file a joinder to add later.
     
    #167     Jul 6, 2025
  8. billT

    billT

    100%
     
    #168     Jul 7, 2025
  9. billT

    billT

    BBB just sent a 2nd notice to Apex.

    They’ve ignored my $100,239 payout for weeks.

    I followed every rule.

    I provided every doc.

    Now, they have 10 days left.


    I’m not backing down.

    Justice is coming.


    #ApexTraderFunding #FundedTrader #BBB #TradingJustice #Payouts
     
  10. traderjo

    traderjo

    All this because "The only money these "firms" make is from charging traders, they do not make money from profitable traders because it’s all demo. All payouts are paid from the pool of money gotten from evaluations/fees/subscriptions/etc .... how long are regulators going to ignore this.. May be this is what is making America great again :sneaky: