{"id":1351,"date":"2024-10-20T19:24:51","date_gmt":"2024-10-20T19:24:51","guid":{"rendered":"https:\/\/proptradingdeals.com\/?p=1351"},"modified":"2024-10-20T19:24:56","modified_gmt":"2024-10-20T19:24:56","slug":"new-rules-of-apex-trader-funding-payouts-and-changes-start-on-monday-october-21-st","status":"publish","type":"post","link":"https:\/\/proptradingdeals.com\/index.php\/2024\/10\/20\/new-rules-of-apex-trader-funding-payouts-and-changes-start-on-monday-october-21-st\/","title":{"rendered":"NEW RULES Of Apex Trader Funding Payouts and Changes start on MONDAY OCTOBER 21 ST"},"content":{"rendered":"\n

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Please make sure to check out the full video for all the details, and always refer to Apex’s official site for the latest updates. This summary reflects what\u2019s current as of October 19, 2024. And remember, these changes primarily affect performance accounts\u2014this doesn\u2019t touch on evaluation or live accounts.<\/p>\n\n\n\n

[Slide: Payout Changes]<\/strong><\/p>\n\n\n\n

Host:<\/strong> Let\u2019s dive into payouts!<\/p>\n\n\n\n

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  1. Requesting Payouts:<\/strong> You can now request a payout after just 8 trading days<\/strong> instead of 10.<\/li>\n\n\n\n
  2. Payout Windows Gone:<\/strong> The old system of payout windows\u2014specific days each month\u2014is eliminated. This new rule starts on November 1st<\/strong>.<\/li>\n\n\n\n
  3. Profit Requirements:<\/strong> For your payout request, five out of those eight days<\/strong> must have at least $100 in profit<\/strong>. You can flip the other three days if you need to, and if you take longer than eight days, you can also adjust those days.<\/li>\n\n\n\n
  4. Withdrawals:<\/strong> After your fifth payout request, you can withdraw up to 100%<\/strong> of your balance over the safety net. This is a significant change from the previous rules.<\/li>\n\n\n\n
  5. Fast Payouts:<\/strong> Current payouts are being processed within 24 hours<\/strong>\u2014many users are reporting swift transactions!<\/li>\n<\/ol>\n\n\n\n

    [Slide: Consistency Rules]<\/strong><\/p>\n\n\n\n

    Host:<\/strong> Now, let\u2019s discuss consistency rules:<\/p>\n\n\n\n

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    • Profit Limit:<\/strong> No single day can account for more than 30%<\/strong> of your total profits. For instance, if you have $10,000 in profits, no day can exceed $3,000<\/strong> in profits.<\/li>\n\n\n\n
    • DCA (Dollar-Cost Averaging) Rules:<\/strong> DCA is back! You\u2019re free to implement it without restrictions.<\/li>\n<\/ul>\n\n\n\n

      [Slide: Safety Nets and Scaling]<\/strong><\/p>\n\n\n\n

      Host:<\/strong> Moving on to safety nets:<\/p>\n\n\n\n

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      • Your safety net will now be equal to the trailing drawdown<\/strong> amount. For a $50k account<\/strong>, once you’re over $52,600<\/strong>, that becomes your safety net.<\/li>\n\n\n\n
      • Scaling:<\/strong> With new performance accounts, you can only access 50% of the allowed contracts<\/strong> until you surpass your safety net.<\/li>\n<\/ul>\n\n\n\n

        [Slide: Risk Management]<\/strong><\/p>\n\n\n\n

        Host:<\/strong> On to risk management:<\/p>\n\n\n\n

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        • Risk-Reward Ratio:<\/strong> The risk-to-reward ratio is now set at 5:1<\/strong>. For example, if you set a $1<\/strong> take profit, don\u2019t risk more than $500<\/strong>.<\/li>\n\n\n\n
        • Daily Risk:<\/strong> You can\u2019t risk more than 30% of your total starting profits<\/strong> on any one open trade. For example, if you have $10,000<\/strong> in profits, don\u2019t let a single trade go below $3,000<\/strong>.<\/li>\n<\/ul>\n\n\n\n

          [Slide: Effective Dates]<\/strong><\/p>\n\n\n\n

          Host:<\/strong> Key dates to remember:<\/p>\n\n\n\n

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          • All these new rules take effect on October 21st<\/strong>, just a couple of days away.<\/li>\n\n\n\n
          • Payout changes begin on November 1st<\/strong>, where you can request payouts every 8 days<\/strong> if you meet the criteria.<\/li>\n<\/ul>\n\n\n\n

            [Slide: Summary]<\/strong><\/p>\n\n\n\n

            Host:<\/strong> To sum it all up:<\/p>\n\n\n\n

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            • Payouts can be requested after 8 days<\/strong> of trading.<\/li>\n\n\n\n
            • Five days must show a profit of at least $100<\/strong>.<\/li>\n\n\n\n
            • Withdrawals above the safety net are now allowed after the fifth payout.<\/li>\n\n\n\n
            • Consistency and risk management rules are clearly defined, and DCA is back in play.<\/li>\n<\/ul>\n\n\n\n

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