Apex Trader Funding Review

Apex Trader Funding

Apex Trader Funding

Trading Offers

Going Live
2021

HQ
United States

CEO
Darrel Martin

Website
apextraderfunding.com

Trustpilot
4.3

The all-new Apex Trader Funding accounts and rules first appeared to move the needle in the right direction and make Apex a considerable choice again. Transparency instead of confusing rules, clear comparison of available account sizes and pricing instead of endless scrolling through options, but this was only what was visible on the surface. Digging deeper, things do not look that bright anymore.

Apex implies a 100% profit split, but if you read the payout rules, you’ll notice that payouts are limited to relatively small total amounts. So yes, it is factually correct that 100% of profit can be paid out, but only up to a point, and at maximum it is only possible to withdraw money 6 times before the account gets closed and everything has to start all over again. For example, the 25K intraday account can only be used to withdraw $1,000 at a time, and a maximum of $6,000 before the account gets closed. That’s not all.

Apex also tightened the drawdown limit values on some account sizes and has daily loss limits on EOD accounts. And finally, another minus: there is an activation fee of $89-$159 for funded accounts, and those fees are tucked away under a dropdown in the pricing section.

Another problem is the scaling plan on all funded accounts. Once a trader trades a funded account, a scaling plan becomes active. With the scaling plan, the funded trader starts with half of the contract size allowed to trade until certain thresholds are met. And the worst thing about the scaling plan is that it can lead to a payout denial.

The story does not end here. Another limitation is that a minimum of daily profit is needed in order to process a payout. You need, for example, 5 trading days with at least $500 in profits to withdraw money from a 50K funded account, while it’s still needed to maintain consistency.

With the current rule set, it is manageable to complete an evaluation. But then, a trader first has to pay an activation fee to get funded, just to face a wide list of rules that make it more challenging to reach the profit targets by trading within the rules than it was during evaluation.

On Trustpilot, last September the average rating was at 4.5, now it is at 4.3.

All in all, Apex is surely still legit and all the rules are documented in their helpguide. The firm still has its place in the industry, and there are cases where . The point is that there are other prop firms out there with cheaper prices and better rules. Why limit your chances of getting payouts when there are better alternatives out there?

Prop Firm Details

Trading Instruments:

Futures

Exchanges:

CME, CBOT, COMEX, NYMEX

Challenge Types:

1-Step

Activation Fee:

$89-$139 for Intraday and $109-$159 for EOD accounts

Consistency Rule:

50%

Scaling Plan:

Yes, on all funded accounts

Account Sizes:

50K, 100K, 150K

Futures Platforms:

Tools Compatible with Data Providers

Data Providers:

Wealthcharts, Rithmic, Tradovate

Payments Methods:

Credit Card, Debit Card, PayPal

Withdrawal Methods:

Wise, Bank Transfer

Apex Trader Funding Intraday Trail

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Apex Trader Funding 25K Futures 1‑Step $1,500 Intraday $1,000 None* None | 50% 4 | 40 100% $89 $199
Apex Trader Funding 50K Futures 1‑Step $3,000 Intraday $2,000 None* None | 50% 6 | 60 100% $69 $249
Apex Trader Funding 100K Futures 1‑Step $6,000 Intraday $3,000 None* None | 50% 8 | 80 100% $119 $399
Apex Trader Funding 150K Futures 1‑Step $9,000 Intraday $4,000 None* None | 50% 12 | 120 100% $139 $599

*Be aware: there is no Daily Loss Limit during the Intraday Trail evaluation, but a tier-based DLL is enforced in the funded Performance Account (PA). The PA DLL starts at $500 (25K), $1,000 (50K), $1,750 (100K), and $2,500 (150K) and increases as account profits grow through scaling tiers. The 50% consistency rule applies in the funded PA only (no consistency rule during evaluation). Max contracts in the funded PA start lower than during evaluation and scale up with balance growth. The activation fee is charged upfront upon funding. Profit split is 100% on all payouts.

Apex Trader Funding EOD Trail

Prop Firm Account Size Instrument Steps Profit Target Drawdown Type Max Loss Daily Loss Consistency
Rule Eval | Funded
Max. Contracts
Mini | Micro
Profit Split Activation Fee
if Funded
Price
Apex Trader Funding 25K Futures 1‑Step $1,500 EOD $1,000 $500* None | 50% 4 | 40 100% $109 $299
Apex Trader Funding 50K Futures 1‑Step $3,000 EOD $2,000 $1,000* None | 50% 6 | 60 100% $119 $349
Apex Trader Funding 100K Futures 1‑Step $6,000 EOD $3,000 $1,500* None | 50% 8 | 80 100% $139 $599
Apex Trader Funding 150K Futures 1‑Step $9,000 EOD $4,000 $2,000* None | 50% 12 | 120 100% $159 $799

*Be aware: the Daily Loss Limit shown is the fixed evaluation amount ($500 / $1,000 / $1,500 / $2,000 for 25K / 50K / 100K / 150K). In the funded Performance Account (PA), the DLL is tier-based and scales with account profits. The PA DLL starts at $500 (25K), $1,000 (50K), $1,750 (100K), and $2,500 (150K) and increases as the account grows through scaling tiers. The 50% consistency rule applies in the funded PA only (no consistency rule during evaluation). The activation fee is charged upfront upon funding. Profit split is 100% on all payouts.

Read Customer Reviews apextraderfunding.com

Apex Trader Funding currently has a Trustpilot rating of 4.3 out of 5, based on 19,155 reviews, which is categorized as Excellent. Thereof, 7,887 reviews are from people invited by the prop firm using Trustpilot’s supported invitation methods. The most recent reviews are predominantly positive.