judokamak wrote:aliassmith wrote:The APEX dirty secret!
We have some good forex props out there like FTMO, MFF, and 5ers. They each have a 2 step test for their eval offering.
For example 8% phase 1 target without hitting max drawdown of 12%.
5% phase 2 target without hitting max drawdown of 12%.
When you pass you start trading for real money with 12% drawdown that does not trail.
APEX is sneaky, they have 1 phase to pass, or do they?
A example if you get the $25k offering, there is a $1500 target and max $1500 drawdown. If you pass you will trade for real money.
The catch you can't claim any funds until your account has increased by more than your drawdown +$100. In essence you had a second evaluation phase.
Those tricky guys.
So +1600 is basically a starting 0 on live acc?
In essence you must pass 2 phases of 6%