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As someone who has closely evaluated numerous forex brokers over the years, my experience with Apiary Fund has been mixed, and while I’m always looking for positives, I exercise considerable caution here. The first potential benefit I noticed is that Apiary Fund has been operating for several years, which can sometimes indicate a certain level of established business practice, although longevity alone isn’t a guarantee of safety or quality. Another aspect some traders may appreciate, based on user comments, is their responsive customer support; in my own inquiries, I found their staff willing to address questions in detail, which is valuable for those new to prop trading or seeking more hands-on assistance. However, it’s crucial to stress that Apiary Fund is not regulated by any recognized financial authority. From my perspective, lack of regulation is a significant issue because it reduces the oversight and consumer protection I expect from a broker handling client funds or capital allocation. Furthermore, Apiary Fund’s business model focuses on investment management rather than providing direct trading services, and their website lacks transparency about real trading conditions. While some may value their supportive attitude and years of operation, for me, these factors don’t outweigh the substantial risks that come with choosing an unregulated entity. I urge fellow traders to always prioritize safety, transparency, and regulatory oversight, especially in a YMYL domain like prop trading.