Apex Trader Funding 250k Account Challenge A Scam? Worth Getting Or Stay With 50k Accounts

Apex Trader Funding 250k Account Challenge A Scam? Worth Getting Or Stay With 50k Accounts

Transcript

Auto-generated from the video audio — expect imperfect punctuation.

What’s going on fellow traders? So, today we’re going to talk about the 250k account and if I think it’s a scam to take your money. So, let’s scroll down and see what the 250k account offers you versus the rest. So, just here are the things that you get. Basically, you have to reach $15,000 of profit with only a $6,500 drawdown. Um there’s no daily drawdown. Uh I mean, you know, that’s uh over two to one for profit goal to threshold. And

Right now they’re running the deal where it’s $85, I think one-time fee. So, here are my thoughts when it comes to this. If you can pass If you can pass this one at the same ratio that you can pass the others, then this is a hell of a deal. Because once you pass, you need 6,600 to take money out and 6,500 uh trailing threshold, which is basically a one-to-one. And every single one of these accounts are one-to-one once you’re funded. Um

And then you can basically trade as many contracts as you want and there’s the one-time fee. So, as they’re running this deal, as long as you can pass at the same ratio, this is obviously good. But, I’ve done it and I do not pass I personally do not pass at the same ratio. I pass much higher rate rate at the 50k. I think if they weren’t running the deal, I probably would not do the 250k, but if they’re running the deal,

I I would try to get one or two. Um Here’s my deal Here’s the deal also. Once you’re funded and say you add $10,000 to your account cuz you can only take out this the 250k only lets you take out 3,000 a month. And the 50k only lets you take out a not in a month per per pay period which is twice a month. And the 50k is 2,000 twice a month. Well, say you’re making $10,000 in a month on the

250k. You could only take out 6,000. So, every month you’re adding $4,000. Once you’re at a certain level, the drawdown is so far away that it doesn’t matter if you have a 250 account or a 50k account. Your drawdown is going to be like 10,000 or 15,000 dollars away after a couple of months that it doesn’t really matter if you have a 250 account or a 50k account. Um the only difference is your contract size. You can do 27 contracts here.

And in a 50k, you can only do 10. And am I trading more than 10? Personally, I’m not. So, that’s why it really doesn’t matter to me. Once you Once you’re funded and you get out of the the area where you could, you know, hit your drawdown. So, say you’ve added $10,000 to your account. Uh all these accounts are basically the same. Uh you know, the only account that’s not the same is probably the 25 because they limit you to four.

And there’s a couple times that I would go over four contracts. But I’m not going over 10, you know, especially when I’m in a funded account playing real money. There’s no reason. 10 contracts at 10 points is 2,000 bucks. So, there’s no reason to go over that um for me personally. So, I think all these accounts are really the same at the end of the day once you’re funded. And I think you have a better chance of funding a 50k account

And then earning that $10,000 from there than doing the uh 250 account. The only plus side right now is if you could pass the 250, it’s only $85 and it’s a one-time $85. Which means you could trade this account as slow as you want and not have to worry about paying monthly fees. Which is huge because the other way is $105 every single month. So, you would probably, you know, after the first month, you’re going to save over $100 every month

And you could you don’t feel the need to trade it and buy get into trades every day like um super super calm and you just kind of build it up. Uh if I could pass the 250k at say say I pass the 50k one out of every two, if I could pass the 250 one out of every four, I’d probably still go I’d probably go the 250 route. Um I don’t know if I could pass one out of every four. That

Drawdown, you have to make so much money for that drawdown. While right now I’m passing one out of every two 50ks. So, that’s why I keep going with the 50k. I’m I’m literally just stacking funded accounts during this uh deal that they have. Uh I’m at uh 12 funded accounts currently. So, those are my thoughts. If you could pass one out of every four versus one out of every two, I’d probably go 250. But I mean, if you’re passing like one

Out of every 10 of the 250 accounts and you’re passing like one out of every two of the 50s, then I would just go Um much easier to pass. But like I said, the perk is a one-time $85 and you can take out an extra $10,000 uh you can take out an extra $1,000 every pay period for the first 3 months. But then if you are these accounts after 3 months, you can take out any money that you want as long

As you’re over the limit. Um after 3 months, all these accounts become very similar. Um because at that time you should have built up they should all be up $10,000 plus after 3 months. So they’re all pretty much the same after that. So that’s my thought. Do I think it’s a scam? No. Do I think it’s hard for newbies to pass? Yes. Do I think they’re pushing it because they know it’s hard for newbies to pass? Yes. For experienced guys, I

Think you can take advantage of the deal. If I was a new trader, I’d probably stick at 50Ks for this 90% off and stack as many 50Ks uh funded accounts as possible. And if you want, you can try the 250, but I think um that’s the plan. Is if you’re a newer trader, probably two 250s probably not going to be the best for you to do it just cuz the trailing threshold is going to eat you up at some point. Um

And you got to make so much money. Also uh I just think that you have a better shot at just stacking the 50s. But like I said, if you’re an experienced guy, I’d probably grab a couple 250s, see what your rate of passing is, and if it’s pretty good, then I would probably try stacking as many 250s as I can while they’re running the deal. And that’s my thoughts. Um yeah, that that’s pretty much my thoughts on this 250 versus 50

And uh the Apex running the deals and you know, everything that goes into it. So let me hear your thoughts. Just comment and let me know if you guys passed any.