Apex Trader Funding
FuturesOverview
GENERAL INFORMATION
- Firm Name
Apex Trader Funding
- Established
January 2021
- Location
United States
- CEO
Darrel Martin
- Trustpilot Rating
4.2
- Community Rating
3.7 (124 reviews)
- 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
| Account | Price | Target | Max loss | Drawdown | |
|---|---|---|---|---|---|
| 25K | $19.90 $199.00 | $1,500 | $1,000 | Intraday Trail | Get funded |
| 50K | $24.90 $249.00 | $3,000 | $2,000 | Intraday Trail | Get funded |
| 100K | $39.90 $399.00 | $6,000 | $3,000 | Intraday Trail | Get funded |
| 150K | $59.90 $599.00 | $9,000 | $4,000 | Intraday Trail | Get funded |
Rules & conditions
DRAWDOWN & RULES
- Drawdown Type
Two models - EOD and Intraday trailing
EODrecalculated once per day at 4:59:59 PM ET on the closing balancetrails up with new highs, never downenforced in real time the next sessionIntradaytrails in real time with peak balance incl. unrealized profittouching it liquidates and fails/closes immediatelyStops trailingPerformance Accounts at starting balance + $100Rithmic & WealthCharts evaluations at the target-profit balanceTradovate evaluations trail indefinitely- Daily Loss Limit
- EODfixed DLL per session in evaluationhitting it pauses trading for that session and resets next sessionthe account fails only on the EOD drawdown threshold, not the DLLIntradayno DLL in evaluationrisk is controlled by the intraday trailing thresholdPerformance AccountsDLL is tier-basedenforced intraday on the Intraday model
- 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
- Evaluation25K 4 minis/40 micros50K 6/60100K 8/80150K 12/120Sim Funded (Performance Account)25K 2/2050K 4/40100K 6/60150K 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
- Automation: all trading must be manual - EAs, bots, scripts and macros strictly prohibitedStill allowedsignal/alert generatorsplatform-native SL/TP set manually at entrycharting/analysis tools that don't submit ordersCopy tradingallowed across own accounts (same Apex user ID & email)third-party copiers at your own riskHedging: prohibited (simultaneous long + short on the same or correlated instrument)Stop lossesevery trade needs a stop loss and a defined risk strategyusing the full drawdown threshold as a stop is prohibitedEvaluation window30 calendar days, no extensionsno minimum trading days (can pass in one day)7 calendar days after passing to activate the Performance AccountInactivityevaluation noneSim Funded needs 2+ trading days of $50+ new profit per rolling 30 days15 days inactive = dormant30 consecutive days = permanently closed, payouts forfeitedProhibitedaccount/credential sharingthird-party paymentsbad-faith chargebacksVPN/proxy/anonymizershigh-risk strategies (e.g. 5-tick target with 150-tick stop)stockpiling eval accountsSIM-environment manipulation (HFT, erroneous-fill exploitation, non-directional bracket trading)multiple/household accountsConsequencestemporary contract-usage limitspayouts restricted to profit since last requestwindfall-profit disqualification
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)
- βΊPlus a 50% Consistency Score
- βΊmaximum 6 payouts per Performance Account
- Safety Net / Threshold
Safety net = drawdown limit + $100, for the PA lifetime; minimum balance to request a payout = safety net + minimum payout.
Safety net25K $26,10050K $52,100100K $103,100150K $154,100Min balance to request25K $26,60050K $52,600100K $103,600150K $154,600- Activation Fee
Offered in Standard and No-Activation-Fee variants ($ 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
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Visit Apex Trader FundingAI summary Β· generated from our database, checked by the editor
Apex Trader Funding is a futures prop firm with 15 challenges tracked in our database, priced from $19.9 to $229, funding accounts up to $150K. The verified code PROPFT takes 90% off, already applied to every price we list. Funded traders keep 100% of profits. Across 117 aggregated trader reviews it averages 3.8/5. Apex Trader Funding runs a perpetual deep-discount model - 90% off evaluations is the norm, not a sale - and allows up to 20 accounts per trader. Its 3.8 review average reflects real payout-dispute complaints; read our review's one-star analysis before scaling there.