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Date/Time: Sat, 23 Nov 2024 19:21:14 +0000



Post From: Apex trader funding (propfirm) questions ?

[2024-08-04 22:36:29]
Sivle - Posts: 53
I am interested in trading with Apex Trader Funding and considering buying a $50k account. I understand that this will start with an evaluation account where trading is done in simulation.
I currently use SierraChart with service package 11 because it provides the necessary functionality for my order flow charts, such as footprint charts and volume profiles. I've always used the Denali data feed while sim trading.
However, I know Apex uses Rithmic, and I'm wondering if it provides the necessary data feed for the tools I use in service package 11.

Here are my questions:
1: Can I use SierraChart when trading with Apex?
2: Can I use service package 11 to access my volume profile and footprint charts? Who pays for this—Apex or myself?
3: I heard Apex offers Rithmic data feed. Is this correct, and does it mean I can't use Denali data feed? Who is responsible for paying for the data feed?
4: Can I bypass the Rithmic data feed from Apex and purchase Denali data feed and service package 11 on my own to access the necessary data for volume profile and footprint charts? Will this be acceptable to Apex, and who will bear the cost?
5: I've heard that a funded brokerage account is required to buy Denali data feed. This contradicts my plan as I want to trade using the prop firm's funds. Is this true?
6: Upon reaching my profit goal and receiving a PA (performance account), a fee is required. Is this fee a one-time charge or recurring?

Thank you for any responses. I hope there are traders here with experience using Apex who can share their insights. I've heard some concerns about Apex, such as issues with surface payments, ghost orders, and problems with orders.