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Apex Trader Funding

CEO
Darrel Martin
Country
United States flagUnited States
Trust Pilot
4.4
Date Created
Jan 2021
Years In Operation
5
3.8
103 total reviews
5
33
4
41
3
16
2
4
1
9
Official Website
apex-trader-funding prop firm logo
Apex Trader Funding
3.8103 reviews

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Firm Overview

Broker
RithmicRithmic
TradovateTradovate
Platforms
ATAS Orderflow TradingATAS Orderflow Trading
BookmapBookmap
EdgeProXEdgeProX
FinamarkFinamark
Jigsaw DaytradrJigsaw Daytradr
NinjaTraderNinjaTrader
QuantowerQuantower
RithmicRithmic
R Trader ProR Trader Pro
Sierra ChartSierra Chart
TradingViewTradingView
TradovateTradovate
WealthChartsWealthCharts
Payment Methods
Credit/Debit CardCredit/Debit Card
Payout Methods
ACHACH
PlanePlane
Apex Trader Funding, launched in January 2021 and headquartered in the United States, specializes in futures trading opportunities through a streamlined one-step evaluation model. The firm supports an impressive range of trading platforms—including NinjaTrader, Tradovate, TradingView, Rithmic, and specialized tools like Bookmap and ATAS—giving traders flexibility in their execution environment. Account sizes span from $25,000 to $300,000, accommodating both emerging and experienced traders. The firm routes through reputable brokers Rithmic and Tradovate, allowing participants to trade stock index futures and other instruments. Apex emphasizes transparent position scaling tied to account tiers and enforces disciplined risk management through daily loss limits and end-of-day drawdown thresholds. The platform welcomes copy trading across multiple accounts and offers evaluation periods as short as 30 days with no mandatory minimum trading days, making it attractive for traders seeking rapid assessment and funding.

Instruments and Assets

Type of Instruments
CFD
Assets
Futures

Leverage

Leverage table not yet documented for this firm.

Commissions

Commissions data not yet documented.

Consistency Rules

No consistency rules documented for this firm yet.

Firm Rules

Position Limits by Account Size

During evaluation, a $25K account may hold up to 4 mini or 40 micro contracts; a $50K account up to 6 mini or 60 micro; a $100K account up to 8 mini or 80 micro; and a $150K account up to 12 mini or 120 micro. Once funded, contract maximums decrease across all tiers.

No Hedging

Traders cannot simultaneously maintain long and short positions on the same instrument or on instruments with correlated price movements. This restriction ensures clear directional commitment on each trade.

Daily Loss Limit

A fixed daily loss limit triggers a trading halt for the remainder of that session, though the account remains active and resets the following day. Breaching the daily limit pauses trading but does not close the account; only touching the EOD drawdown threshold results in account failure.

End-of-Day Drawdown Enforcement

The drawdown threshold recalculates daily at 4:59:59 PM ET based on closing balance and is then enforced in real time during the next trading session. The threshold trails upward with new account highs but never declines, and touching it intraday triggers immediate position liquidation and account closure.

Mandatory Risk Management and Stop Losses

Every trade must have either a pending stop loss or a clearly defined mental stop loss paired with an explicit risk management plan. Trading without these safeguards is prohibited and subject to enforcement action.

Prohibited Use of Drawdown as Stop Loss

Traders may not deliberately use the account's EOD drawdown threshold as a mechanism to absorb large losses or engineer account liquidation. This practice violates the spirit of disciplined risk management.

Copy Trading Permissions

Manual copy trading across multiple Performance Accounts registered under a trader's personal name and business name is permitted, allowing diversified strategy deployment across related accounts.

Evaluation Period and Activation

The evaluation spans 30 calendar days with no extensions available. Traders may pass in as little as one day if the profit target is achieved without violating drawdown rules. Upon passing, traders have 7 calendar days to activate their funded Performance Account.

Consequences for Rule Violations

Violations may result in temporary restrictions on contract usage, suspension of payouts except profits earned since the last withdrawal request, and forfeiture of previously accumulated windfall profits from account activity.

Apex Trader Funding Challenges

Payout Policy

Frequency
Payout frequency not specified in provided data.
Profit Split
100%
Minimum Payout
N/A
Available Payout Methods
ACHACH
PlanePlane

Restricted Countries

The following countries are not eligible to apply for Apex Trader Funding challenges.
AfghanistanAfghanistanAlgeriaAlgeriaAzerbaijanAzerbaijanBahrainBahrainBangladeshBangladeshBelarusBelarusBeninBeninBurkina FasoBurkina FasoBurundiBurundiCameroonCameroonCentral African RepublicCentral African RepublicChadChadChinaChinaCubaCubaCyprusCyprusEgyptEgyptEritreaEritreaGabonGabonGrenadaGrenadaGuineaGuineaGuinea-BissauGuinea-BissauHaitiHaitiIranIranIraqIraqJerseyJerseyJordanJordanKazakhstanKazakhstanKenyaKenyaKosovoKosovoKuwaitKuwaitLatviaLatviaLebanonLebanonLesothoLesothoLiberiaLiberiaLibyaLibyaMadagascarMadagascarMaldivesMaldivesMauritaniaMauritaniaMauritiusMauritiusMongoliaMongoliaMoroccoMoroccoMozambiqueMozambiqueNamibiaNamibiaNepalNepalNew CaledoniaNew CaledoniaNicaraguaNicaraguaNigerNigerNigeriaNigeriaOmanOmanPakistanPakistanPapua New GuineaPapua New GuineaQatarQatarRwandaRwandaSaint Pierre and MiquelonSaint Pierre and MiquelonSaudi ArabiaSaudi ArabiaSenegalSenegalSerbiaSerbiaSomaliaSomaliaSouth AfricaSouth AfricaSouth SudanSouth SudanSri LankaSri LankaSudanSudanTogoTogoTrinidad and TobagoTrinidad and TobagoTunisiaTunisiaUgandaUgandaUkraineUkraineUzbekistanUzbekistanVanuatuVanuatuVietnamVietnamWestern SaharaWestern SaharaYemenYemenZambiaZambiaZimbabweZimbabweMyanmarNorth KoreaRussiaSyria
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