Prop firm review
Apex Trader Funding Review
- Austin, TX, United States
- Founded 2021
- 4.5 TrustPilot
- Visit Website
- Trading Platforms
- Tradovate, NinjaTrader, TradingView, Rithmic, WealthCharts
- Drawdown Mode
- Intraday Trailing, Static
- Account Types
- Evaluation Challenges
- Max Accounts
- Trade Up to 20 Funded Accts.
Disclaimer: This is educational content based on my personal experience, and should not be considered financial advice. Futures trading involves substantial risk. Read full disclaimer
Overview
Apex Trader Funding is a US-based proprietary trading firm established in 2021, headquartered in Austin, Texas. The company has built a substantial global community spanning over 150 countries. Apex specializes in futures market funding evaluations and has paid out over $567 million to customers since 2022, with an average monthly compensation of over $15 million as of Jan 2023.
Key Features
- Technology Platforms
- Primary platforms: Tradovate, RIthmic, WealthCharts
- Supported platforms: TradingView, NinjaTrader
- Flexible Rules
- No restrictions on trading around news events
- You can trade on holidays if the market is open.
- Semi-automated software allowed if actively monitored
- Progression Paths
- Evaluation Phase: Challenge profit target requirement
- Funded Account: profit split 100% for first $25k payouts
- Live Account: transition to live accts. (by invitation only)
- Pricing Structure
- Frequent Promotions: 80-90% discount sales are common
- Pricing: $167-$597/month depends on account size
- Activation Fee: $130-$340 one-time based on account size
- Reset Options: $80-$100 per reset
Pros
- Low-cost evaluations with 80-90% discount sales
- Up to 20 funded accounts per trader allowed
- Generous profit split: 100% of first $25,000, 90% thereafter
- No news trading, or holiday restrictions
- Large account size options up to $300K
- History of large payouts over $568 million paid to traders
Cons
- No end of day trailing drawdown account option
- No straight to sim-funded accounts available
- Extensive rules and documentation to decipher
- Strict rules for payouts and withdrawal requests
- Scaling restrictions in funded accounts until safety net reach
- No resets available for failed funded accounts
Anthony’s take
Writer Review
Apex Trader Funding stands out in the prop trading industry with its scalable accounts and proven payout history, making it particularly attractive for futures day traders seeking affordable entry points and generous profit sharing structures.
Strengths
- Low-Cost Evaluations
- With frequent 80-90% discount sales, traders can access $50K accounts for as little as $19-$38 monthly, representing exceptional value in the prop trading space.
- Scalability Potential
- The ability to manage up to 20 funded accounts simultaneously provides significant scaling opportunities for successful traders.
- Generous Profit Splits
- The 100% profit split on the first $25,000 and 90% thereafter creates attractive earning potential.
- Large Account Options
- If you like to trade with large accounts then Apex offers you a wide-selection. You can trade between $25K to $300K account sizes.
- News and Holiday Trading
- The absence of news restrictions, and holiday limitations allows traders to maintain their natural trading strategies without constraints.
- Proven Payout Record
- Over $568 million paid to customers since 2022 demonstrates the company’s commitment to trader success and financial stability.
Screenshots · 5 screenshots
Areas of Concern
- Trailing Drawdown Options
- While they do offer intraday and static drawdown accounts, it would be nice if they offered end of day trailing drawdown options like other prop firms.
- Documentation and Rules
- I am overwhelmed by the amount of rules and lengthy explanations in the Help Center. While it is nice that they are so thorough, I wish they could simplify things more so it’s easier to understand.
- Strict Payout Rules
- There are minimum trading days, consistency rules, safety net requirements, min and max payouts, etc. You have to read all their rules very carefully so you don’t risk a denied payout.
- Funded Scaling Rules
- Traders can only use up to half of their max allowed contracts until they reach the trailing threshold stop.
Screenshots · 5 screenshots
$50K Account Options
| Account Type | Evaluation Fee | Profit Target | Max Drawdown | Drawdown Mode | Daily Loss Limit | Consistency |
|---|---|---|---|---|---|---|
| 50K FULL Account | $187/month | $3,000 | $2,500 | Intraday trailing | None | None during evaluation |
$50K Account Payout Rules
- Minimum Trading Days
- 8 days between payouts (5 must show $50+ profit)
- Consistency Rules
- Cannot exceed 30% of total profits since last payout
- Prohibited Strategies
- Hedging, high-frequency trading, copy trading services
- Safety Net
- Must reach $52,600 safety net before payouts
- Payout Range
- Withdrawal requests can be between $500 – $2,000 on first five payouts. (No maximum after sixth payout)
- News Trading Rule
- There are no restrictions on trading around news events
Payout Information
*100% of first $25,000 per account, 90% thereafter
- Payout Time
- Under 24 hours after approval
- Payout Window
- After 8 trading days
- Payment Methods
- Direct Deposit (ACH)
Final score
FinSeeds Verdict
8.6/10
Apex Trader Funding presents a compelling proposition for futures day traders with its wide variety of trading account options, and generous profit split.
The company’s proven track record of paying over $567 million to traders since 2022 establishes credibility in the industry.
The frequent 80-90% discount promotions make it one of the most affordable prop firms in the market, while the ability to scale up to 20 accounts provides substantial earning potential for successful traders.
However, they have a large knowledge base that requires extensive reading which can be confusing and overwhelming for some new traders venturing into prop firm trading.
If you can learn to navigate all the rules then you will have great success with this prop firm.
Best For
- Futures day traders seeking low-cost evaluation fees
- Traders comfortable with intraday trailing drawdowns
- Those seeking to copy trade multiple accounts simultaneously
Consider Alternatives If
- New to prop firm trading and are not familiar with all the rules
- Prefer straight-to-sim funded account options
- You want to trade with end of day drawdowns
Frequently Asked Questions
01Can I trade during news events?
Yes, Apex allows news trading without any restrictions, unlike many other prop firms.
02What happens if I fail my funded account?
Failed funded accounts cannot be reset and you must start over with a new evaluation. This differs from the evaluation phase where unlimited resets are available.
03How many accounts can I have simultaneously?
You can have up to 20 funded accounts at the same time, providing significant scaling potential.
04Are there any daily loss limits?
No, Apex does not impose daily loss limits, only the overall trailing drawdown applies.
05What trading platforms are supported?
Tradovate, NinjaTrader 8, Rithmic/RTrader, WealthCharts, and ATAS are all supported with real-time data included.
06Is algorithmic trading allowed?
No, all forms of automated trading, bots, HFT, and algorithmic strategies are strictly prohibited.
Risk Disclosure: This content is educational only and doesn’t constitute financial advice. Futures trading involves substantial risk of loss. Prop firm rules change frequently – always consult current terms and conditions.
Last Updated: Sept 2025 – Based on information from prop firm website at that time.
