Apiary Investment Fund: Legit Or Scam?

Apiary Fund is a Forex training program and proprietary trading fund that has received mixed reviews. While some users have praised the program for its educational content and money-making potential, others have criticised it as a scam, citing expensive subscription fees, poor-quality training materials, and difficulty in achieving funded accounts.

The program offers a three-month educational program that teaches traders risk management strategies. It blends education and competition, guiding aspiring traders through a series of programs where they learn to trade profitably. Traders who successfully complete the program and maintain high scores in Apiary Fund's testing are eligible to receive funded trading accounts.

However, the catch is that very few traders can successfully achieve a funded account, and even those who do report making slim profits. The subscription fee is $97 per month, and there are additional costs for optional account upgrades.

Reviews of the Apiary Fund are mixed, with some users reporting positive experiences and successful funding, while others complain about the high costs, poor-quality training materials, and difficulty in achieving funded accounts. Some users have even characterised the program as a scam.

So, is Apiary Investment Fund legit? The answer is nuanced. While it may not be a outright scam, prospective users should approach the program with caution, carefully weighing the potential benefits against the significant costs and challenging requirements for achieving funded accounts.

The Apiary Fund is a forex training program that offers a funded trading account to those who complete its educational program

The Apiary Fund offers traders the potential to receive a trading account funded with the company's money. The service blends education and competition, guiding aspiring traders through a series of programs where they learn to trade profitably. Traders who successfully complete the program and maintain high scores in the Apiary Fund's testing are eligible to receive funded trading accounts.

The Apiary Fund makes money by charging a subscription fee for all users, including those in the educational program and those who have achieved a funded account. The subscription fee is waived for the first month, then costs $97 per month thereafter. In addition, the Apiary Fund offers two optional account upgrades: Trader Live and Trader Pro. These upgrades provide access to live and recorded webinars, instructional videos, and additional education courses.

While the Apiary Fund offers a legitimate forex training program, it is important to note that achieving a funded trading account is difficult and may not be suitable for everyone. The majority of traders may want to approach the Apiary Fund as an educational platform rather than a route to making money.

The program is expensive, with a monthly fee of $97 and additional costs for upgrades

The Apiary Fund is a training program for currencies and Forex trading. The program is expensive, with a monthly fee of $97 and additional costs for upgrades. The Trader Live upgrade, for example, costs a one-time fee of $697, while the Trader Pro upgrade costs a one-time fee of $994. These upgrades provide access to webinars and instructional videos.

The Apiary Fund also offers a 14-day refund period, but there have been reports of the company ignoring or delaying responses to refund requests. In addition, there is no option to reset account statistics after violating funded account eligibility, and the trading platform provided by the Apiary Fund has been described as "clunky" and "buggy."

The high costs and challenging refund process, combined with the lack of flexibility in the program, make the Apiary Fund an expensive choice for those seeking to learn about Forex trading.

Reviews of the Apiary Fund are mixed, with some people praising the program and others calling it a scam

On the one hand, some people have expressed satisfaction with the Apiary Fund, citing its educational value, structured training, and potential for earning money. They appreciate the opportunity to trade with the company's money and highlight the fact that the monthly fees decrease as they progress through the program. Some funded traders have also vouched for the legitimacy of the Apiary Fund, sharing their positive experiences and earnings.

On the other hand, there are numerous complaints and concerns about the Apiary Fund. Some people have criticized the quality of the training materials, calling them substandard, cumbersome, and difficult to follow. The trading platform provided by Apiary, Alveo, has also received negative feedback for being buggy and lacking essential features.

One of the main concerns raised by reviewers is the difficulty in achieving a funded account. Despite the company's promises, many people claim that the requirements are extremely challenging and almost impossible to meet. Even those who do receive funded accounts report making slim profits. The high costs associated with the program, including subscription fees, upgrades, and additional training, have also been a point of contention.

There are also allegations of unethical business practices, with some reviewers claiming that Apiary Fund makes it difficult to cancel accounts and continues to bill them even after they have requested cancellation. Others have pointed out the fine print on the website, which states that the company is not responsible for losses, contradicting their marketing messages.

Overall, while some people have found success with the Apiary Fund, there are a significant number of negative reviews and complaints about the program. Potential participants should carefully consider the risks and conduct thorough research before committing to the Apiary Fund or any similar programs.

Some people have reported issues with cancelling their accounts and have accused the company of continuing to bill them

Another user on the same platform claimed that they were a member of the Apiary Fund for longer than they would like to admit and that they, too, had experienced issues with cancelling their account. They also mentioned that the training provided by the company was not great.

A user on Valforex.com shared a similar experience, saying that they had been a member of the Apiary Fund since 2017 and had never received funding. They noticed some glitches in the system, which the customer service team did not seem to care about. Despite their complaints, the user was still billed for the service.

On Forexpeacearmy.com, a user claimed that they subscribed to the Apiary Fund and that while it was very easy to subscribe, cancelling the membership was a whole different story. The user said that the customer service team became very rude and gave them excuses and delays when they tried to cancel their account. Meanwhile, they continued to be charged for the service.

These experiences suggest that cancelling an account with the Apiary Fund can be difficult and that the company may continue to bill customers even after they have decided to cancel their accounts.

The Apiary Fund has responded to some negative reviews and seems open to addressing concerns

The Apiary Fund has received mixed reviews online, with some users claiming that the company is a scam and others attesting to its legitimacy. The company has responded to some negative reviews and seems open to addressing concerns.

On Trustpilot, a user complained about the company's training, stating that it was not effective and that the main technique taught was a scalping method that could not be traded successfully due to the company's risk management parameters. In response, Apiary Fund explained that they offer a variety of strategies and that traders are not pressured to conform to any particular style. The company emphasised that traders are encouraged to find the approach that works best for them.

Another reviewer on Trustpilot expressed frustration with the slow progress of the program, noting that even after completing the practice accounts, it would take about a year to advance to the next level of funding. Apiary Fund acknowledged that the process is deliberately slow, emphasising their belief that "slow and steady wins the race." While they understand that this may not appeal to everyone, they stand by their structured and steady approach to trading and trader development.

A review on Forexpeacearmy.com highlighted issues with the Alveo trading platform, describing it as "horribly disorganized, mishandled, and miscommunicated." The reviewer also mentioned problems with the Beeline training content, stating that it was poorly organised and lacked structure. In response, Apiary Fund acknowledged the issues with the Alveo platform and shared their plans to transition to a new platform. They also recognised the need to improve the structure and organisation of their training content, Beeline, to enhance the learner's experience.

While Apiary Fund has responded to some negative reviews and expressed a willingness to address certain concerns, it's important for prospective users to conduct their own research and carefully evaluate the platform before committing, especially considering the substantial financial investment required.

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