Apex Trader Funding Review 2023

Apex Trader website
Apex Trader Funding
Apex Trader Funding
Platforms: NinjaTrader - Rihtmic - Tradovate
Minimum Trading Days: 7 days.
Coupon Discount: 80%.
Platforms: NinjaTrader - Rihtmic - Tradovate
Minimum Trading Days: 7 days.
Coupon Discount: 80%. Show Less

Apex Trader Funding, established in 2008 by Darrell Martin, is an innovative platform dedicated to offering financial assistance to traders. Through a rigorous evaluation process, the platform determines eligibility for funding. Over the years, the platform’s robust community has grown remarkably, boasting over 30,000 members worldwide. Its operational hub resides at 2028 E. Ben White Blvd Ste 240 – 9873, Austin, TX 78741.

Offering the advantage of nearly round-the-clock trading, Apex Trader Funding accommodates activity from 6 PM one day to 4:59 PM Eastern Time the following day, thereby omitting daily drawdowns. However, the platform implements a live trailing threshold, calculated based on the highest account balance. Traders who fail to maintain their account value above this threshold, unfortunately, do not pass the evaluation.

To be considered for funding, traders undergo an evaluation process spanning a minimum of 7 trading days. Success in this phase ushers them into a paid performance account. In terms of profit distribution, traders retain 100% of the initial $25,000 in earnings, with 90% allocation of subsequent profits.

Available Software

Apex Trader Funding offers traders the choice between two leading trading platforms, namely the Rithmic/NinjaTrader platform and the Tradovate/NinjaTrader platform. These platforms each sport unique features, catering to various trading styles.

The Rithmic/NinjaTrader platform, complemented by a free NinjaTrader license, guarantees real-time data, keeping traders abreast of current market trends. Conversely, the Tradovate/NinjaTrader platform, boasting compatibility with TradingView, Tradovate, browsers, mobile devices, and Mac, comes with a complimentary NinjaTrader and Tradovate license. Both plans feature free real-time data fees.

Why Choose Apex Trader Funding?

With so many options available in the funded futures trading space, Apex Trader Funding stands out as the premier choice for aspiring traders. Let’s delve into some of the reasons why Apex Trader Funding has earned its reputation as the top-rated funded trader program:

  1. Unbeatable Funding Opportunities – Apex Trader Funding has secured partnerships with top-tier funding providers, allowing traders to access substantial funding opportunities. With Apex, you can keep 100% of the first $25,000 in profits and enjoy a favorable profit split of 90% thereafter. This generous profit-sharing model sets Apex apart from other firms and enables traders to maximize their earnings potential.
  2. Fast Evaluation and Funding Process – At Apex Trader Funding, time is of the essence. They understand the importance of a quick evaluation and funding process, which is why they aim to qualify traders in just 7 days. Once you pass the evaluation, you can expect to receive funding within 1 business day. This expedited process allows you to start trading with confidence and take advantage of market opportunities promptly.
  3. No Scaling Plan and Trading Flexibility – Unlike many other funded trader programs, Apex Trader Funding does not impose a scaling plan. This means you can trade the full clip from the start, providing you with greater flexibility and allowing you to fully capitalize on your trading strategies. Apex also allows trading during news releases and holidays, empowering you to seize profitable opportunities whenever they arise.
  4. Multiple Accounts and Trade Copier Compatibility – Apex Trader Funding understands that traders may want to diversify their strategies or trade different markets simultaneously. With Apex, you can have multiple evaluation accounts under one login, providing you with the freedom to explore various trading approaches. Additionally, Apex supports trade copiers, making it easier for you to mirror trades across multiple accounts seamlessly.
  5. Exceptional Support and Community – When you join Apex Trader Funding, you become part of a supportive community of traders who share their experiences, insights, and success stories. The Apex Trader Funding Facebook group is a thriving community where traders can connect, learn, and celebrate their achievements together. The company also provides ongoing support, ensuring that you have the guidance you need to thrive as a funded trader.

Funded Trader Programs (Evaluation Accounts)

The evaluation process at Apex Trader Funding is straightforward. Traders aim to achieve their profit target without exceeding the maximum drawdown, all within a minimum of 7 trading days. A trading day stretches from 6 PM one day to 5 PM the next day, with half-day trading holidays factored into the succeeding day.

Regarding costs, evaluation account fees range from $147 to $657 monthly, dictated by the selected starting capital. For a trader who needs to reset an evaluation, an $80 fee applies. Once an account is funded, a monthly fee of $851 is charged.

The live trailing threshold provision eliminates daily drawdown concerns. Traders can readily monitor this live through the provided rTrader software. Trading is permissible any day, 23 hours a day, inclusive of holidays and news hours, from 6 PM ET to 4:59 PM ET. However, trades must be concluded, and any pending orders need cancellation before 4:59 PM ET.

The platform allows traders to trade up to the maximum position size, as the system imposes caps on the positions. Hence, traders won’t be stopped out for trading excessive contracts in evaluation or funded accounts.

Apex Rithmic

Funded Account Rules

Upon qualification for a funded account, traders can continue employing their regular strategies or systems during news announcements. However, news trading strategies—whether directional, multi-directional, or pre-news entries for any form of windfalls—are strictly prohibited.

Funded Account Fees

For a funded account, an account fee of $85 per month per account is levied, with a cap set at 20 accounts. This fee encompasses data and Ninja platform fees. Additionally, a one-time fee option is also available. Traders looking to reset their evaluation account(s) may do so at an $80 reset fee, without any limit on the number of resets.

Funded Account Withdrawal Frequency & Methods

Apex Trader Funding facilitates twice-monthly payouts. Traders retain 100% of the first $25,000 disbursed, and 90% of the profit thereafter.

Payment methods to Apex Trader Funding are limited to credit card transactions. Withdrawals are processed exclusively through www.deel.com, with two payout requests permissible per month. It is essential to note that a minimum of 10 separate trading days with active trades is a prerequisite for the initial payout. Each subsequent payout request mandates a minimum of 10 trading days of activity between requests.

While every effort has been made to ensure the accuracy of the information provided, it’s always recommended to refer to the company’s website or reach out to them directly for the most updated data.

Seize the Opportunity with Apex Trader Funding

Apex Trader Funding offers a unique blend of substantial funding opportunities, fast qualification, trading flexibility, and a vibrant community. The platform’s unique features and offerings make it a standout choice for anyone keen on venturing into the futures trading arena.

If you’re keen on beginning your journey with Apex Trader Funding, take advantage of an exclusive discount with the code RTEAOKOQ. Empower your trading ambitions with Apex Trader Funding, and take a step closer to achieving financial independence.

For more information about their program, visit Apex Trader Funding and unlock the door to a successful and rewarding trading career.

Apex Trader Funding FAQs

1. What is Apex Trader Funding?

Apex Trader Funding is a trader funding program offered by Apex Trader Funding’s prop firm. It provides traders with the opportunity to get funded and trade futures, forex, and other instruments.

2. How does Apex Trader Funding’s evaluation process work?

Apex Trader Funding’s evaluation process is designed to assess a trader’s trading skills and risk management abilities. Traders are evaluated based on specific criteria, and if they meet the requirements, they can qualify for a funded trading account.

3. What is a funded trading account?

A funded trading account is an account provided by Apex Trader Funding that allows traders to trade with the firm’s capital. Traders can keep a portion of the profits they generate while following the firm’s trading rules and risk parameters.

4. What are the benefits of joining Apex Trader Funding’s trader funding program?

By joining Apex Trader Funding’s trader funding program, traders can access a community of traders and receive support and guidance from experienced professionals. They also have the opportunity to trade with a funded account and potentially earn substantial profits.

5. How can I start trading with Apex Trader Funding?

To start trading with Apex Trader Funding, you need to go through the evaluation process and meet the firm’s requirements. Once approved, you will receive a funded account and can begin trading.

6. What are the profit goals and daily drawdown limits?

Apex Trader Funding sets profit goals and daily drawdown limits for traders in its program. These goals and limits may vary depending on the trader’s account size and trading strategies.

7. Can I withdraw funds from my funded trading account?

Yes, traders can withdraw funds from their funded trading accounts following the withdrawal procedures outlined by Apex Trader Funding. However, certain conditions and restrictions may apply.

8. Does Apex Trader Funding offer support for different trading platforms?

Yes, Apex Trader Funding supports various trading platforms, including NinjaTrader and other popular platforms used by traders.

9. Which countries does Apex Trader Funding accept traders from?

Apex Trader Funding accepts traders from over 150 countries worldwide. Regardless of your location, you can apply for their trader funding program.

10. Does Apex Trader Funding provide funding for news trading?

Yes, Apex Trader Funding provides funding for news trading and various trading strategies. As long as traders follow the firm’s rules and risk parameters, they

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