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Summary of Apex Trader Funding:
Apex Trader Funding is a company that offers funding to traders through their evaluation program. They offer competitive pricing and a wide range of account sizes available. They have liberal rules with no daily loss limit, no scaling plan, and allow trading during news. If a rule is broken, the reset fee is the lowest around. Once funded, the first $25,000 of profits go purely to the trader, and the profit split thereafter is 90/10 in favor of the trader. This is more favorable compared to other funded trader evaluation companies.
Evaluations Pricing:
Account Size Price/month* Contracts Goal Drawdown Reset Fee*
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$25,000 $147 4 $1,500 $1,500 $80*
$50,000 $167 10 $3,000 $2,500 *
$75,000 $187 12 $4,250 $2,750 *
$100,000 $207 14 $6,000 $3,000 *
$150,000 $297 17 $9,000 $5,000 *
$250,000 $517 27 $15,000 $6,500 *
$300,000 $657 35 $20,000 $7,500 *
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There is also a data fee for level 2 data of $10 per month per market (or $30 for all markets) during the evaluation.
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Software Available:
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After signing up with Apex Trader Funding, traders will connect to the platform via Rithmic, which is a common practice among trader evaluation companies. You can have as many Evaluation accounts as you want under 1 log in. 2, 4, 20 if you want. You will also have all your funded accounts under 1 log in (meaning you can use a trade copier like Flowbots - Replikanto).
Apex Trader Funding does provide a free license to use NinjaTrader, which can be a valuable benefit as it typically costs over $1,000 to purchase on its own. In addition to being able to use NinjaTrader, traders who are funded by Apex Trader Funding will also receive a free license to use the software. This can be a significant cost savings for traders starting out on their career.
Evaluation Rules
Below are the general rules. Be sure to read the specific rules on their site.
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1 step – trade for 7 days and reach the profit goal.
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Trailing drawdown is live meaning it is during each trade.
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No scaling plan.
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No consistency rules.
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Multiple accounts – as many as you want.
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Trade the holidays and trade during news releases.
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We recommend reading extensively over their FAQ.
Passing the Apex Trader Funding 300k account
Pros of Apex Trader Funding
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The evaluation process only takes one step and is only available for 7 days.
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Multiple accounts are allowed, but there is no scaling plan in place.
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There is no daily draw down limit. There is a large variety of account sizes to choose from, with the lowest ongoing monthly fee at $85/month and the lowest reset fee at $80.
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You can trade during news events and holidays, and the profit split is the biggest available at 90% to you, with 100% of the initial $25,000.
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A free NinjaTrader license is provided during the evaluation period and once you are funded, which is worth over $1,000.​
Cons of Apex Trader Funding
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Live trailing draw down during evaluation can be difficult for newer traders​.
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Maximum withdrawal amounts first 3 months is limited until month 4 where it becomes unlimited (see their FAQ page on withdrawals here).
Disclaimer: ** The information above is updated regularly, but always check the Apex Trader Funding FAQ page for the very latest policies and information**
Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.