Cast your vote
1.
How many Evaluations Accounts have you had?
2.
How Many PA Accounts have you had?
3.
Should Apex continue to offer up to 20 accounts? Or lower this amount to lower the attraction of fraud and schemes?
Yes Keep 20 Max
No lower it
4.
At times, Apex will offer " One Day To Pass". But, otherwise, it is 7 Trading Days to pass an Evaluation Account. Should Apex lower this standard timeframe to just 5 days?
Yes
No
5.
Should Apex continue, at times, to offer One Day To Pass? Understanding that this does speed up the process for scammers and schemers
Yes
No
6.
Should Apex continue at times to run discount promotions? For example 80% off? Knowing that these low prices do encourage and enable scams and schemes? Should Apex discontinue these sales to ward off schemes, or find other ways?
Yes please continue to offer discounts
No, this encourages those that do things improperly, large discounts are not needed
7.
Would you like to see more larger Account packages at discount prices? For example like the recent discount on the $250k Evaluation?
Yes
No
8.
I understand rules and guidelines are needed to prevent scams and schemes and assure contracts are followed. Should tougher rules be across the board to prevent these? Or should there be a "Probation" status for offenders and ease up rules on those consistenly trading?
Across the board, so nobody can claim "unfair"
Probation status for offenders
9.
Should Apex require the safety net be left in the account during the first 4 withdrawal periods to discourage schemes of 1 time payment and blowing accounts and help traders not blow accounts? Should this be required across the board, like most companies, or just for offenders?
Yes for everyone- across the board
Never for anyone
Yes for offenders on a Probation Status
10.
I understand that if a Probation Status is used, this will create complaints, issues, drama, and people being upset and spreading negativity. I agree to not fall prey to this and agree to help and support Apex to battle this online or in house in order to allow for an ease in rules for the rest of us! We should not all suffer due to bad apples.
Agree
Disagree
11.
I understand there is no way for Apex to losen up rules and make payouts quicker without opening up more possibilities of scams and schemes and windfall traders! There must be safeguards in place and this will cause whining and complaining as well
Yes, I understand and agree to help combat that
No, Apex should not worry and should everyone to whatever they want, whenever they want
12.
Should Apex lower the contract size allowed on each plan to cut down on Windfall traders and those looking for "get rich quick" payouts and schemes?
Yes
No
13.
If a payout approval and review schedule is clearly posted, and stated not to send tickets or inquiries until after a certain date, should that be honored and followed? Or should traders be allowed to blow up customer support and social media with questions and inquires and tying up staff from processing your request? Those that do this, and clog the system for everyone, should they automatically moved to the last day of the period for Review outcome of Approved or Denied? Should there be a penalty for clogging the system and not following procedure and the penalty be, they wont find out the outcome of the request until the last day?
Yes, I agree, those that clog up the system should be penalized and not be approved or denied until the final day of the cycle
It is not fair that some people are approved earlier than other, so EVERYONE should always wait tilll the last date and EVERYONE be updated at the same time no matter what. We should ALL wait until ALL requests have a status, then all get updated at once. No early payouts
There should be no penalty for inquiring before the date and distracting staff from progress on payout requests. Staff should stop and answer each one, all throughout the day, delaying the process for everyone
14.
Would like to see 10 trading days for payout request be lowered to only 8 days?
Yes
No
15.
Should Apex get RID OF the request periods of 1st-5th and 15th-20th and allow to request anytime, soon as you have met required # of trading days?
Yes
No leave the schedule, it feels more structured
16.
If the request date ranges were removed, would you like to see Apex review and process on a daily ongoing schedule of some type? There would be cut off times, and of course additional times for those needing reviews. We would figure out the details, but this structure would allow for quicker and more payouts.
Yes, I would like to see quick processing right away upon request whether daily over over a few days
I think once a week processing and payout is better
Daily reviews with 2 set days per week that payouts are sent to processors to be sent to us
17.
Should Apex do away with the No Flipping rules and find other ways to assure there is consistent actual real ongoing trading executed in the accounts?
Yes do away with Flipping Rule
Keep the flipping rule I like it and I think it is a good way to enforce
I have no opinion either way, flipping rules does not bother me
18.
Should Apex get rid of the 30% Consistency rule, which is not hard and fast and open to interpretation and review decision? Or would it be better to go to a straight 40% hard and fast rule, easy for everyone to understand and no questions, concerns or wondering about every scenario and situation. The rules is the rule, clear, cut and dry? What does that mean? Check out quick quick video example:
https://www.youtube.com/watch?v=ejEg0bYh9cU
Leave the 30% rule, open to review and "maybe"
Make the 30% rule hard and fast
Raise it to the 40% rule, clear and cut,
19.
Do you like the idea of letting contractors take out 100%, no maxiumum limits, at 5th withdrawal instead of at 4th month? Especially if can lower to 8 trading days and request anytime, not on the date range? But, understanding this will encourage other scams and schemes, so other filters may have to be put in somewhere to counter this?
Yes I like 100% at 5th withdrawal, this could mean 100% much quicker
Leave it how it is, as 4th month
20.
Should Apex put "caps" on lifetime amounts that can be made of each account, like other companies do? For example, on a $50k account, the most you can ever make take out and make is $20k?
Yes, caps will help limit windfall schemes and scams and help to enable some of these other changes I like
No, there should not be a total lifetime payout cap per account
21.
Do you understand that if Apex makes it faster and easier to get payouts and quicker to get to 100% payouts, this will encourage a whole other set of scams and schemes geared toward trying to windfall large amounts and new schemes to build large balances to get that 100% withdrawal and then blow the account and do scheme again?
Yes, I can see how offering this benefit to traders will encourage other schemes of windfall balances
No, I don't think making it easier and faster will encourage more gambling, scams, schemes or contract breaches
22.
I understand in order to make payouts only with 8 days, request anytime, ongoing processing and quicker way to 100% withdrawal, there will have to be other ways of controls, protection and monitoring required
Yes I understand
No need for that
23.
The flipping rule was there to combat windfall trade days, followed by flips just to get to a withdrawal. Apex is looking for traders with a TRADING strategy, not a WITHDRAWAL strategy. Meaning to encourage and enforce ongoing and constent trading each period.
I understand this
Withdrawal strategies should be allowed
24.
What are your thoughts on 8 trading days to request a withdrawal, no flipping rules, but 4 of those trading days must be $150 profit? To lower the days and get rid of flipping, SOMETHING has to ensure continuing ongoing trading as opposed to random pressing of buttons to cyphen off balances? This would be a way to take away the flipping rules, but add in some type of rule for ongoing consistency.
I like the $150 profit a day for 4 of the 8 days, with no restrictions on the other 4 days, I could flip if I wanted to and that be ok
I do not like this, would rather stay at 10 days to request and keep flipping rule
How about $150 plus or minus for 4 of the 8 days, to show actual trading and not flipping, does not have to be $150 profit
How about $100 for of profit per day, for 5 of the 8 days
Other Ideas:
25.
What are your thoughts about a maximum cap of profit amounts in a PA account of $25k up until the 5th withdrawal to discourage scams and schemes? Then after the 5th withdrawal and at 100%, no more caps, no 40% rule, and and can request withdrawal anytime, even daily, no required days? For a complete understanding of this, check out this quick explanation. This video will open in a separate browser, then come right back here and vote: or copy and paste link into
another browser.
https://www.youtube.com/watch?v=oFjXnYJrmZ4
Yes, I like this option and do not feel this "limits" me in any way my first couple months
No, I do not like this option
26.
Should Apex enforce scaling on PA Accounts in order to help discourage windfall traders out of the gate?
Yes
No
27.
Should Apex lower the Trailing Threshold amounts and give less room, to encourage and enforce discipline and risk management and ward off windfall traders? Especially in the light of speeding up payouts and making it quicker and easier to get to 100% payout?
Yes this is a good idea
No, I would rather see other safeguards in place to ward off windfall traders taking advantage of new easier payouts
28.
To make this a reality of quicker payouts and quicker path to 100% withdrawal with no min. days required and no Consistency rule after that, the protective measure I like the most is:
No longer offering 20 accounts, making a max of 10
Lowering the Trailing Threshold amounts giving less room
Requiring safety net to always remain
Cap profit limit in PA the first 4 payouts to $25k each PA
Eliminating One Day To Pass
29.
To make rules and payouts easier for Traders, I support a Probation status for those that breach and are offenders. This probations could include limits to the number of PA Accounts, limits to contract amounts that can be traded, safety net required, stricter consisitency rule ( 25% vs 40%), until which time it has been proven this trader can follow rules.
I agree with this and would support Apex when this is complained against
I think that is too harsh and there should not be a probation, leave all as it is with no changes
30.
At the end of all this, if the following was the new Apex program, would you like it?
*8 Trading days to request payout
* Request end of 8th day, no request periods
* Staff processing throughout the week
* 40% hard and fast Consistency Rule
* No more flipping rule
* 4 of the 8 days require $150 plus or minus
* Probation Status
* Limit to max profit amount in a PA until 5th withdrawal
* Take out 100% starting at 5th withdrawal instead of at 4th month
* After 5th withdrawal no more 40% Consistency rule and no 8 trading days to request, request anytime, even daily
Yes I would vote for this new program
No, I would not like this mix of new program