Apex Trader Funding

Apex Trader Funding is a leading futures prop trading firm that funds retail traders. Similar to Topstep, users pay a monthly fee to undergo an evaluation where they must reach a profit goal without hitting a trailing drawdown. Apex is popular for its "one-step" evaluation option and frequent sales on evaluation accounts, making it very accessible.

Once funded, traders can keep the first $25,000 of profit entirely (100%), and then 90% of profits thereafter. Apex allows traders to have multiple funded accounts simultaneously (up to 20), allowing for massive scaling of strategies using trade copier software. It is a legitimate and highly popular platform for futures traders looking for high leverage and multiple income streams.

Frequently Asked Questions

1. What platforms does Apex support?

Apex primarily supports NinjaTrader 8 and Rithmic, but you can also use Tradovate for a cloud-based experience. The Rithmic data feed allows you to connect other third-party platforms like Sierra Chart or Quantower if you prefer.

2. specific rules for funded accounts?

Yes, funded accounts have a trailing threshold drawdown that stops trailing once it reaches your starting balance plus $100. You must also adhere to consistency rules during withdrawals to ensure you aren't gambling on one lucky trade.

3. How do payouts work?

Payouts can be requested twice a month. Traders keep 100% of the first $25,000 withdrawn per account, and 90% thereafter. Payments are sent via Deel, which offers bank transfer, crypto, and other withdrawal methods.

4. Can I hold trades overnight?

No, generally Apex requires all positions to be closed by the market close each day. Holding positions overnight is not permitted and will result in the failure of the account, as they focus on day trading risk management.

5. Is there a monthly fee after funding?

Once you pass the evaluation and pay the one-time activation fee for the funded account, the monthly subscription fee stops. However, you must pay a monthly data fee for the professional market data unless you have your own data license.