Apex Trader Funding - Guide, Rules, Review, and Discount
Last updated
Last updated
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Apex Trader Funding is a leading proprietary trading firm specializing in providing traders with access to funded accounts. It stands out due to its competitive pricing, flexible trading rules, and the ability to trade with up to 20 accounts simultaneously. Apex offers a streamlined evaluation process and a profit-sharing structure designed to empower traders while minimizing personal financial risk. Traders can trade futures contracts and other instruments using real-time data, with the opportunity to scale their trading through multiple accounts once funded.
Apex Trader Funding offers numerous advantages for traders, making it one of the most attractive prop trading firms in the industry:
100% of First $25,000 in Profits: Keep all profits up to $25,000. After that, Apex takes only a 10% cut, with traders retaining 90%.
Two Payouts per Month: Traders are eligible for payouts twice a month, allowing for regular withdrawals of trading profits.
Fast Qualification: Traders can qualify for funding in as little as seven days, providing a quick path to trading real capital.
Flexible Trading Rules: Apex does not impose daily drawdown limits or scaling requirements after you are funded, giving traders the freedom to trade as they wish.
Trade Multiple Accounts: Manage up to 20 funded accounts simultaneously, exponentially increasing profit potential.
Real-Time Data Included: Trade using real-time market data, giving you up-to-date insights and precision.
Simple Risk Management Rules: Straightforward risk management helps you focus on trading, with no hidden penalties for violating complex rules.
Holiday and News Trading Allowed: Unlike many firms, Apex allows traders to operate during holidays and market-moving news events.
The program follows a straightforward evaluation process designed to identify skilled traders while minimizing risk. Here's a breakdown:
1. Evaluation Account:
Start with a simulated account to demonstrate your trading skills.
You must hit a profit target based on your selected account size while adhering to a trailing threshold.
If you reach your profit target without breaching the drawdown limits, you qualify for a funded account.
2. Funded Account:
Once funded, you can trade real money with no restrictions on contract sizes or daily loss limits.
Withdrawals are available once you generate consistent profits, starting with the first $25,000 in profits entirely yours.
Apex offers a range of account sizes tailored to different traders’ needs. Below are the available account options along with their evaluation profit targets and trailing thresholds:
| Account Size | Profit Target | Trailing Threshold |
|---|---|---|
$25,000 | $1,500 | $1,500 |
$50,000 | $3,000 | $2,500 |
$100,000 | $6,000 | $3,000 |
$150,000 | $9,000 | $5,000 |
$250,000 | $15,000 | $6,500 |
$300,000 | $20,000 | $7,500 |
Apex Trader Funding is known for its straightforward, trader-friendly rules designed to foster success without over-complicating the trading environment:
No Daily Drawdown: Apex eliminates the daily drawdown rule, allowing for more trading flexibility.
Trailing Threshold: This is a dynamic risk management rule that adjusts as your account grows. It starts at a fixed value below your starting balance and moves up as your profits increase.
Trading for 7 Days Minimum: You must trade for at least seven days to pass the evaluation. These do not need to be consecutive days.
Allowed Instruments: Apex supports a variety of futures contracts, including E-mini and micro futures, along with cryptocurrencies.
Multiple Accounts: Apex allows up to 20 accounts per trader, enabling them to scale their trades across multiple funded accounts simultaneously.
Successfully passing the evaluation phase is key to becoming a funded trader. Follow these best practices:
Develop a Trading Plan: Focus on consistent strategy execution. Avoid unnecessary risks.
Risk Management: Protect your trailing threshold by managing risk effectively. Avoid large drawdowns that could disqualify you.
Take Profits Regularly: Ensure to lock in profits to avoid exceeding your trailing drawdown limit.
Consistency is Key: Show consistency over the evaluation period to demonstrate your trading skills and reduce large swings in account equity.
Once you pass the evaluation, Apex Trader Funding offers an attractive profit-sharing model:
100% of First $25,000: The first $25,000 in profits is completely yours.
90/10 Profit Split Beyond $25,000: After the first $25,000, you keep 90% of profits, while Apex takes a 10% share.
Payout Frequency: Payouts are available twice per month. Requests can be made between the 1st and 5th, or the 15th and 20th of each month.
Apex Trader Funding offers one of the most competitive prop trading environments, with rules designed to maximize trader freedom and profitability. Whether you're an experienced trader looking to scale your strategy with multiple accounts or a beginner wanting to access capital without risking personal funds, Apex provides a unique and supportive framework.
