We research all the brands mentioned and may receive a fee from our partners. Research and financial concerns may impact how brands are presented. Not every brand is included. Learn more.
Apex Trader Funding is a popular proprietary trading firm that provides traders with the opportunity to trade futures contracts using funded accounts. With an emphasis on flexibility, competitive profit-sharing, and a supportive trading environment, Apex Trader Funding has become a go-to option for futures traders looking to access capital without risking their own funds. This review will explore the key aspects of Apex Trader Funding, including its offerings, evaluation process, pricing, advantages, drawbacks, and trader feedback.
Don’t know where to start?
Sign Up For the No.1 Prop Firm Globally
What is Apex Trader Funding?
Apex Trader Funding is a proprietary trading firm that specializes in funding traders who trade futures contracts. By passing an evaluation phase, traders can receive access to a funded account, enabling them to trade futures markets with minimal personal financial risk while earning a share of the profits.
Key Features
- Evaluation Process:
- One-step and two-step evaluation options.
- Reasonable profit targets with clear rules.
- Funded Account Options:
- Accounts ranging from $25,000 to $300,000.
- Scaling opportunities for consistently profitable traders.
- Profit Sharing:
- Generous profit split up to 90%.
- Regular payouts via multiple methods.
- Risk Management Rules:
- Trailing drawdown rules.
- Defined daily loss limits to promote responsible trading.
- Trading Platforms Supported:
- Compatibility with popular platforms like NinjaTrader and TradeStation.
- Support for automated and manual trading strategies.
Evaluation Process
Apex Trader Funding follows a flexible evaluation process to identify profitable traders who can responsibly manage capital. The evaluation includes:
One-Step Evaluation
- Traders must meet a profit target without violating trailing drawdown or daily loss limits.
- Simple and straightforward rules compared to competitors.
Two-Step Evaluation
- Involves achieving profit targets across two separate phases.
- Allows for a more gradual assessment of trading skills.
Once traders pass the evaluation, they receive a funded account with real trading capital and access to scaling options.
Account Types and Pricing
Apex Trader Funding offers a variety of account sizes and pricing structures to cater to different levels of experience and risk appetite.
| Account Size | Evaluation Fee | Profit Split | Max Trailing Drawdown |
|---|---|---|---|
| $25,000 | $147 | 90% | $1,500 |
| $50,000 | $167 | 90% | $2,500 |
| $100,000 | $207 | 90% | $3,000 |
| $150,000 | $297 | 90% | $5,000 |
| $300,000 | $657 | 90% | $7,500 |
Pros and Cons
Pros
- Affordable Evaluation Costs: Competitive fees compared to industry standards.
- High Profit Split: Traders retain up to 90% of their earnings.
- Flexible Trading Rules: Allows for different trading styles, including scalping and day trading.
- Quick Payouts: Withdraw profits swiftly without long processing times.
- Frequent Promotions: Regular discounts and promotions on evaluation fees.
Cons
- Trailing Drawdown: Can be challenging for some traders to manage.
- Limited Market Options: Primarily focused on futures trading.
- Strict Daily Loss Limits: Requires disciplined risk management.
User Feedback and Reviews
Apex Trader Funding has received positive feedback from many traders, particularly for its transparency, ease of evaluation, and quick payout process. Some common themes include:
- Positive Feedback:
- Straightforward rules and guidelines.
- Affordable pricing with frequent discounts.
- Excellent customer support and community engagement.
- Negative Feedback:
- Trailing drawdown rules can be restrictive.
- Some traders find the platform integration challenging.
Conclusion
Apex Trader Funding stands out as a reputable proprietary trading firm for futures traders seeking funding opportunities. With a flexible evaluation process, high profit splits, and a range of account options, it offers a compelling choice for traders aiming to scale their trading careers. However, traders should carefully consider the trailing drawdown rules and ensure they have a solid risk management plan before participating.
If you’re an aspiring futures trader with a disciplined approach, Apex Trader Funding can provide an excellent platform to showcase and monetize your trading skills.
