Apex Trader Funding - Guide, Rules, Review, and Discount
Overview
Apex Trader Funding is a leader in the world of trader funding programs, providing a robust framework for futures traders to showcase their skills without the burden of upfront capital. With its Apex 3.0 Program launching new trader-friendly rules, Apex has solidified its position as an industry game-changer, offering competitive evaluations, a clear payout structure, and minimal restrictions for successful traders.
Why Choose Apex Trader Funding?
Apex Trader Funding offers numerous advantages for traders, making it one of the most attractive prop trading firms in the industry:
Simplified Rules: The Apex 3.0 program eliminated many of the complex trading rules, focusing instead on effective risk management.
Unlimited Daily Consistent Attempts (DCA): There are no restrictions on DCA trading, making it easier for traders to scale.
No Payout Windows: Traders no longer need to wait for specific payout periods.
100% Payout After Six Withdrawals: The sixth withdrawal allows traders to keep 100% of their profits.
Fair Probation Measures: Apex emphasizes correction rather than penalties, making the program sustainable for both parties.
How the Apex Trader Funding Program Works
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.
Program Highlights:
8 Trading Days Requirement: Traders must trade for at least 8 active days before a payout request.
Profit Buffer Requirement: A safety net buffer ensures that traders request payouts only from profits.
Contract Scaling: Traders start with smaller positions and can increase contract sizes as profits grow.
Cautionary Measures:
A 5:1 Max Risk-to-Reward Ratio cap ensures responsible trading.
No individual trade should exceed a 30% drawdown of daily profits.
Apex Trader Funding Account Options
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:
$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
Rules of the Apex Trader Funding Program
Apex Trader Funding is known for its straightforward, trader-friendly rules designed to foster success without over-complicating the trading environment:
Performance Account Rules (PA Accounts)
No More Flipping or DCA Restrictions: Traders can enter multiple contracts as long as they adhere to account limits.
30% Negative PnL Rule: If unrealized losses reach 30% of your daily profit start balance, positions should be closed or scaled down.
Trailing Threshold Rule: The trailing drawdown stops once your balance exceeds the trailing threshold by $100.
Evaluation Account Rules
Minimum of 7 trading days required to pass an evaluation.
No restrictions on trading strategies, but consistency in trade size and risk is encouraged.
All trades must be closed before 4:59 PM EST unless the market closes earlier due to holidays.
Best Practices to Pass Your Apex Evaluation
Successfully passing the evaluation phase is key to becoming a funded trader. Follow these best practices:
Trade Consistently: Avoid erratic changes in position size to demonstrate long-term reliability.
Follow Risk Guidelines: Ensure no single trade exceeds the 5:1 risk-to-reward ratio.
Avoid End-of-Day Risk: Close all positions well before market closure to avoid unexpected liquidations.
Pro Tip: Consider maintaining multiple funded accounts to diversify and maximize your potential payouts.
Payout Structure and Profit Sharing
Once you pass the evaluation, Apex Trader Funding offers an attractive profit-sharing model:
Payout Timelines
Traders can request a payout every 8 trading days.
Payments are processed within 2-4 business days once approved.
Profit Splits:
First $25,000: 100% trader payout.
After $25,000: 90% to the trader, 10% to Apex.
Sixth Payout and Beyond: Traders can withdraw 100% of profits with no cap.
Safety Net Threshold
To request a payout, ensure your account balance meets the minimum safety net:
Example: A $50,000 account must have at least $52,600 to request a payout.
Final Thoughts
Apex Trader Funding continues to lead the way with innovative changes that simplify the trading journey. The Apex 3.0 Program removes unnecessary restrictions, allowing traders to focus on building consistent profits. With its clear rules, risk management guidelines, and flexible payout structure, Apex provides an ideal platform for both new and seasoned futures traders.
Whether you're evaluating an account or trading live, understanding the key rules and maintaining a sound strategy are crucial. Be diligent, stay consistent, and leverage the available tools to maximize your funded trading potential.
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