What is Apex Forex Funding?

Have you ever wanted to try your hand at forex trading but didn’t feel comfortable risking a lot of your own money? Well Apex forex might be able to help with that. Apex forex funding is a company that offers funded trading accounts to traders. Basically what they do is give traders capital to trade with so you don’t have to use all your own money.

How Does Apex Forex Funding Work?

So with Apex forex funding, here’s generally how it works. First, you have to apply and go through their evaluation process. During this time, they’ll watch you trade with a demo account to see how you do. They want to make sure you have some skills and know how to manage risk before giving you real money. If you pass the evaluation, then Apex forex will give you a funded trading account.

These funded accounts usually start out with somewhere between $25k-$100k for you to trade with. Now you don’t get to just keep all the profits. Apex forex will take a cut since it’s their money. Usually the split is somewhere around 50/50 or 60/40 where you get the larger share. So if you made $10k in profits in a month, you might get to keep $6k and they take $4k.

One cool thing is you can potentially get bigger accounts over time. Apex forex might upgrade your account to $200k or more if you prove yourself as a consistently profitable trader. The bigger the account, the more money you can make. But it’s a process to work your way up.

Is Apex Forex Funding Legit?

Now the big question – is Apex forex funding actually legit or is it a scam? From what I’ve seen, they seem to be the real deal. Apex forex has been around for several years now and has a good reputation in the trader community. I’ve talked to a few traders who have gone through their program and had good experiences.

They said Apex forex paid them fairly and on time based on the profit splits. The evaluation process was also reasonable and gave traders a fair chance to prove themselves. Apex forex also seems to be properly registered as a business. So while no program is perfect, most signs point to Apex forex funding being a legitimate company. Just use common sense like with any other business.

Pros And Cons Of Apex Forex Funding

Like anything, Apex forex has some pros and cons to consider:

Pros:

• Get access to bigger trading accounts than you could afford on your own
• Reduce your risk by not trading with all your own money
• Potential to make much higher profits if you trade well
• Good for gaining experience as a new trader

Cons:

• Still some risk that you could lose the money in the account
• Tight rules and criteria during the evaluation period
• Apex forex funding takes a cut of your profits
• Might have to follow some of their trading guidelines

Apex forex funding provides an opportunity but isn’t completely risk-free. You have to be a disciplined trader who is serious about learning the markets.

My Experience With Apex Forex Funding

I decided to give Apex forex a try myself a few months back. Going through their application process was pretty simple. I just had to provide some basic info and trading history. Then I was put into their evaluation period with a demo account.

During the evaluation, I had 30 days to hit a target of 10% profits. Drawdown was also limited to 15% so I had to manage risk well. It was challenging but a good learning experience. Using what I’d learned, I was able to pass the evaluation and get a funded $50k account.

So far trading with Apex forex has been going well. I focus on the major forex pairs and trade the London and New York sessions. Being able to size into larger positions has been awesome. In my first few months, I’ve turned that $50k into over $60k. Once I hit $75k, Apex forex funding said they’ll upgrade me to a $100k account.

The payouts from Apex forex funding have also been on time. Since I’ve been consistently profitable, I get 60% of profits under the terms. Customer service has been responsive too when I had any questions. Overall I’m pretty happy so far with using Apex forex funding. It’s allowing me to grow my skills and portfolio much faster.

Should You Try Apex Forex Funding?

So in conclusion, if you’ve been interested in forex trading but wary of risking too much money, I’d recommend considering Apex forex . The funded accounts allow you to trade with bigger position sizes and try out different strategies. And if it goes well, you have potential to earn a very good income over time.

Just make sure to do your research on Apex forex funding first. Understand their rules and evaluation process. And be prepared to put in real work on developing your trading skills. Funded accounts are a great opportunity, but you still need discipline and a plan to succeed long term. If trading and risk management appeal to you, I’d say Apex forex is worth a serious look.