propfirmtrading
Apex Trader Funding

Apex Trader Funding

Futures
πŸ‡ΊπŸ‡Έ USΒ· Est. January 2021Β· β˜… 4.3 Trustpilot
Exclusive offer
Country
US
In business
5 yrs
Markets
Futures
CEO
Darrel Martin

Overview

GENERAL INFORMATION

Firm Name

Apex Trader Funding

Established

January 2021

Location

United States

CEO

Darrel Martin

Trustpilot Rating

4.3

Instrument Types

Futures

Programs

1-Step (EOD and Intraday, each in Standard & No-Activation-Fee variants). Account sizes $25K-$300K.

PLATFORM & DATA

Broker

Rithmic, Tradovate, WealthCharts

Platforms

ATAS Orderflow Trading, Bookmap, EdgeProX, Finamark, Jigsaw Daytradr, MotiveWave, NinjaTrader, Quantower, Rithmic, R Trader Pro, Sierra Chart, TradingView, Tradovate, VolFix, WealthCharts

Data Feed

Rithmic, Tradovate

PAYMENT & PAYOUT METHODS

Payment Methods

Credit/Debit Card

Payout Methods

ACH, Plane

Payout Processor

Plane

INSTRUMENTS & ASSETS

Assets

Futures (account sizes $25K-$300K)

Challenges & pricing

AccountPriceTargetMax lossDrawdown
25K$19.90 $199.00$1,500$1,000Intraday Trail
50K$24.90 $249.00$3,000$2,000Intraday Trail
100K$39.90 $399.00$6,000$3,000Intraday Trail
150K$59.90 $599.00$9,000$4,000Intraday Trail

Rules & conditions

DRAWDOWN & RULES

Drawdown Type

Two models. EOD: drawdown threshold recalculated once per day at 4:59:59 PM ET on the closing balance, trails up with new highs (never down), enforced in real time the next session. Intraday: threshold trails in real time with peak balance incl. unrealized profit (never down); touching it liquidates and fails/closes immediately. Stops trailing: Performance Accounts at Starting Balance + $100; Evaluations on Rithmic & WealthCharts at the Target Profit balance; Evaluations on Tradovate trail indefinitely.

Daily Loss Limit

EOD: fixed DLL per session in Evaluation (hitting it pauses trading for that session, resets next session; touching the EOD drawdown threshold β€” not the DLL β€” is what fails the account); Performance Account DLL is tier-based. Intraday: no DLL in Evaluation (risk controlled by the intraday trailing threshold); PA DLL is tier-based, enforced intraday.

Consistency Rule

All programs: no single trading day may exceed 50% of total accumulated profit, until the 6th payout or transfer to a Live Prop account (consistency on funded only).

Contract / Scaling Limits

Evaluation: 25K 4 mini/40 micros, 50K 6/60, 100K 8/80, 150K 12/120. Sim Funded (Performance Account): 25K 2/20, 50K 4/40, 100K 6/60, 150K 10/100. Tier-based scaling in the PA.

News Trading

Allowed for your normal trading strategy. Prohibited: 'news trading' strategies that chase the market or place two-sided orders to gamble the outcome of news.

Overnight / Weekend Holding

Holding positions through market close is prohibited.

Other Key Rules

All trading must be manual β€” EAs, bots, scripts, macros strictly prohibited (permitted: signal/alert generators, platform-native stop-loss/take-profit set manually at entry, charting/analysis that doesn't submit orders). Copy trading allowed across own accounts (same Apex user ID & email); third-party copiers at own risk. No hedging (simultaneous long+short on same/correlated instrument). All trades must have stop losses + a defined risk strategy; using the full drawdown threshold as a stop loss is prohibited. Evaluation period: 30 calendar days, no extensions, no minimum trading days (can pass in one day); 7 calendar days after passing to activate the Performance Account. Inactivity: Eval none; Sim Funded needs >=2 trading days of $50+ new profit per rolling 30 days (15 days inactive -> dormant; 30 consecutive days -> permanently closed, payouts forfeited). Other prohibited: account/credential sharing, third-party payments, bad-faith chargebacks, VPN/proxy/anonymizers, high-risk strategies (e.g. 5-tick target/150-tick stop), stockpiling eval accounts, SIM-environment manipulation (HFT, erroneous-fill exploitation, non-directional bracket trading), multiple/household accounts. Consequences: temporary contract-usage limits, payouts restricted to profit since last request, windfall-profit DQ.

Payouts

PAYOUT POLICY

Profit Split

100%

Minimum Payout

$500

Payout Frequency

EOD: 5 winning days of $100/$250/$300/$350+ (25K/50K/100K/150K). Intraday: 5 winning days of $100/$200/$250/$300+ (25K/50K/100K/150K). Plus a 50% Consistency Score. Maximum 6 payouts per Performance Account.

Safety Net / Threshold

Safety net = drawdown limit + $100 (applies for the PA lifetime): 25K $26,100, 50K $52,100, 100K $103,100, 150K $154,100. Min balance to request = safety net + min payout: 25K $26,600, 50K $52,600, 100K $103,600, 150K $154,600.

Activation Fee

Offered in Standard and No-Activation-Fee variants ($ amount not stated)

Restricted countries

RESTRICTED COUNTRIES

Restricted Countries

Afghanistan, Algeria, Azerbaijan, Bahrain, Bangladesh, Belarus, Benin, Brunei, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, China, Cote d'Ivoire (Ivory Coast), Cuba, Cyprus, Egypt, Eritrea, Gabon, Grenada, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Jersey, Jordan, Kazakhstan, Kenya, Kosovo, Kuwait, Latvia, Lebanon, Lesotho, Liberia, Libya, Madagascar, Maldives, Mauritania, Mauritius, Moldova, Mongolia, Morocco, Mozambique, Myanmar (Burma), Namibia, Nepal, New Caledonia, Nicaragua, Niger, Nigeria, North Korea, Oman, Pakistan, Palestinian Territory, Papua New Guinea, Qatar, Republic of the Congo (Congo Brazzaville), Reunion, Russia, Rwanda, Saint Pierre and Miquelon, Saudi Arabia, Senegal, Serbia, Somalia, South Africa, South Sudan, Sri Lanka, Sudan, Syria, Tanzania, Togo, Trinidad and Tobago, Tunisia, Turkey, Uganda, Ukraine, Uzbekistan, Vanuatu, Venezuela, Vietnam, Western Sahara, Yemen, Zambia, Zimbabwe