Apex approved $100K payout, then erased it

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

  1. MyForexFunds which went bust a few years ago:

    $310 million in fees.

    I'm too lazy to dig it up, but I saw some numbers published on what Apex made on a monthly basis a while back and trust me - they can afford to pay even if it's out of their own pockets.
     
    Last edited: Jun 27, 2025
    #61     Jun 27, 2025
  2. demoncore

    demoncore


    Bullshit. You had at least two posts deleted stating why would Apex pay him out of their “savings accounts” and other gibberish.
     
    #62     Jun 27, 2025
  3. This is on the Apex website.


    RISK DISCLOSURE:
    This is not an investment opportunity. You do not deposit any funds for investment. We do not ask for any funds for investment. At no time do you risk your own capital. There are no promises of rewards or returns.
     
    #63     Jun 27, 2025
  4. demoncore

    demoncore


    Meaningless. Even if they stated “we reserve the right not to pay you”; it lacks reciprocity and therefore is unenforceable.
     
    #64     Jun 27, 2025
  5. Call the sec and get an attorney.
     
    #65     Jun 27, 2025
  6. demoncore

    demoncore


    @NY_HOOD, it’s futures so CFTC. Critical thinking.
     
    #66     Jun 27, 2025
    Arnie and SimpleMeLike like this.
  7. Nice try Destriero …Your old user name. How many user names do you have?
     
    #67     Jun 28, 2025
  8. Good Morning demoncore,

    Is what I said not true and that is what is currently happening to the OP?

    The OP asked for a $100k payout and Apex CEO said No, im not paying you a damn penny.

    Is this right or wrong?

    In my opinion and my personal history in business, its neither right or wrong, its business. If the OP do not like it, sue Apex. That is how its works in America. That is the beautiful of America, you can get rich or make money however you want to right or wrong, legal or illegal.

    We are traders, risk comes with this business in ALL sorts of ways. Do not trade with money you can not afford to lose. It doesn't matter how the money is loss, do not trade with money you can not afford to lose.
     
    #68     Jun 28, 2025
  9. demoncore

    demoncore

    You deleted the posts so we'll never know. Why did you delete the posts if you stand by what you wrote? You stated "good for him" when referring to Apex's owner. You're a POS.

    Credit/counterparty risk is not typically a concern. So yeah, it matters how the money is "lost". If Fidelity blows up and John Doe's $5MM goes with it, then SIPC isn't going to cover 90% of his loss.

    I don't expect you to understand this bc you're ******** but it matters.
     
    #69     Jun 28, 2025
  10. demoncore

    demoncore

    SEC eh, @NY_HOOD? Good advice. Like your MU-long.
     
    #70     Jun 28, 2025