Apex Trader Funding Review 2024 - Complete Analysis

Apex Trader Funding Review

★★★★★ 4.6/5.0
📅 Updated: October 2024
👥 15,000+ Funded Traders
💰 $5M+ in Payouts

One of the premier proprietary trading firms specializing in futures and forex trading with industry-leading profit splits and scaling opportunities.

Visit Apex Trader Funding →
Maximum Funding
$300,000
Profit Split
90%
Evaluation Fee
$147 - $397
Max Drawdown
6%

Company Overview

Apex Trader Funding has established itself as a leading proprietary trading firm in the futures and forex markets. Founded with the mission to provide talented traders with the capital they need to succeed, Apex offers one of the most competitive profit-sharing models in the industry at 90%.

What sets Apex apart is their trader-first approach, offering flexible evaluation programs, rapid funding, and transparent rules. The firm specializes in futures trading across multiple asset classes including indices, commodities, currencies, and more.

🏆 Why Traders Choose Apex

Apex Trader Funding combines generous profit splits, reasonable evaluation rules, and excellent scaling opportunities. With weekly payouts, no time limits on evaluations, and support for both manual and algorithmic trading strategies, it's designed for serious traders who want to grow their trading career.

🎯

Profit Target

8% in evaluation phase with reasonable time frames

📊

Trading Platform

Rithmic, NinjaTrader, and TradovateTrader

⏱️

No Time Limits

Trade at your own pace during evaluation

💵

Weekly Payouts

Get paid every week with no minimum

Account Details & Evaluation

Available Account Sizes

Account Size Evaluation Fee Profit Target Daily Loss Limit Max Drawdown
$25,000 $147 $2,000 (8%) $1,250 $1,500 (6%)
$50,000 $167 $3,000 (6%) $2,500 $3,000 (6%)
$100,000 $197 $6,000 (6%) $5,000 $6,000 (6%)
$150,000 $297 $9,000 (6%) $7,500 $9,000 (6%)
$300,000 $397 $18,000 (6%) $15,000 $18,000 (6%)
📋 Evaluation Rules +

Single-Phase Evaluation: Apex uses a straightforward one-step evaluation process. You need to reach the profit target while staying within the daily loss limit and maximum drawdown rules.

No Time Limits: Trade at your own pace - there are no calendar day restrictions or minimum trading day requirements.

Consistency Rule: Your best trading day cannot exceed 40% of your total profits, encouraging consistent trading behavior.

Hold Times: No minimum holding time requirements - scalpers welcome!

💰 Profit Splits & Payouts +

Initial Split: Start with an incredible 90% profit split from day one of your funded account.

Scaling Plan: Grow your account up to $2 million based on your consistent performance.

Payout Frequency: Weekly payouts available with no minimum withdrawal amount.

Payout Methods: Direct deposit, wire transfer, and cryptocurrency options available.

Processing Time: Typical payout processing within 1-2 business days.

📈 Scaling Opportunities +

Performance-Based Growth: Demonstrate consistent profitability and scale your account.

Multiple Accounts: Run up to 8 funded accounts simultaneously for maximum earning potential.

Aggressive Scaling: Quick progression path for traders who meet consistency requirements.

Scaling Tiers:
  • $25K → $50K → $100K → $150K → $250K
  • Based on 5 profitable weeks at each level
  • Maintain consistency rules throughout
🤖 Trading Rules & Restrictions +

Allowed Strategies: Day trading, swing trading, scalping, and algorithmic trading all permitted.

News Trading: Allowed with no restrictions.

Weekend Holds: Positions can be held over weekends.

EAs/Bots: Automated trading strategies are fully supported.

Copy Trading: Not permitted - must trade your own strategy.

Pros & Cons

✅ Advantages

  • Industry-leading 90% profit split from the start
  • No time limits on evaluation phase
  • Weekly payouts with no minimum withdrawal
  • Excellent scaling program up to $2M
  • Support for algorithmic trading and EAs
  • No minimum trading days required
  • Competitive evaluation fees
  • Fast funding after passing evaluation
  • Multiple account options (up to 8)
  • Transparent and clear rules
  • Responsive customer support
  • All trading styles welcomed

⚠️ Considerations

  • 40% consistency rule may be challenging for some traders
  • 6% maximum drawdown is tighter than some competitors
  • Primarily futures-focused (less forex options)
  • Daily loss limits can be restrictive for aggressive traders
  • Platform options limited to specific providers
  • Reset fees required if you fail evaluation
  • No refund on evaluation fee if you pass

Who Is Apex Trader Funding For?

✓ Best Suited For:

Experienced Futures Traders: If you have a proven strategy in futures markets, Apex provides excellent capital and profit splits.

Consistent Traders: The consistency rule rewards disciplined traders who can generate steady returns.

Scalpers & Day Traders: No minimum hold times and no time limits make it ideal for active trading styles.

Algo Traders: Full support for automated strategies and algorithmic trading systems.

⚠ May Not Be Ideal For:

Complete Beginners: The 6% drawdown limit and consistency requirements may be challenging without experience.

High-Risk Traders: If your strategy relies on occasional large wins, the 40% consistency rule could be problematic.

Forex-Only Traders: While forex pairs are available, Apex is primarily futures-focused.

Performance Metrics

Rule Transparency 96%
Overall Value 93%

User Reviews & Testimonials

Michael R. - Funded Trader ★★★★★

"The 90% profit split is unbeatable. I've been trading with Apex for 6 months now and have received every payout on time. The scaling program allowed me to go from $50k to $150k in just 4 months. Customer support is responsive and helpful."

Sarah L. - Professional Algo Trader ★★★★★

"As an algo trader, I appreciate that Apex fully supports automated strategies. No time limits on the evaluation meant I could thoroughly test my system. Passed on my first try and have been profitable ever since. Highly recommend for systematic traders."

James K. - Futures Day Trader ★★★★☆

"Great firm overall. The 40% consistency rule took some adjusting to, but it actually made me a better trader. Weekly payouts are fantastic. Only minor complaint is the 6% drawdown can be tight on volatile days, but it teaches good risk management."

David P. - Scalper ★★★★★

"Perfect for scalpers! No minimum hold times and the platform execution is fast. I run multiple accounts and the ability to have up to 8 funded accounts is a game-changer. Customer service resolved my questions quickly. Very professional operation."

Comparison with Competitors

Feature Apex Trader Funding FTMO The5ers
Profit Split 90% 80% 80%
Max Funding $300,000 $400,000 $250,000
Evaluation Phases 1 Phase 2 Phases 1 Phase
Time Limits None 30 Days 60 Days
Max Drawdown 6% 10% 6%
Payout Frequency Weekly Bi-weekly Bi-weekly
Algo Trading ✓ Allowed ✓ Allowed ✗ Not Allowed
Scaling Available ✓ Up to $2M ✓ Available ✓ Available
Verdict on Comparison:

Apex Trader Funding stands out with its 90% profit split and weekly payouts. While FTMO offers higher maximum funding and more lenient drawdown rules, Apex's single-phase evaluation and no time limits make it more accessible. The choice depends on your trading style - Apex excels for futures traders seeking maximum profit retention.

Getting Started with Apex

1

Choose Account Size

Select from $25k to $300k based on your experience and comfort level

2

Pass Evaluation

Hit profit target while managing risk - no time pressure

3

Get Funded

Receive your funded account and start trading live capital

4

Get Paid Weekly

Withdraw 90% of your profits every week

💡 Pro Tips for Success

  • Focus on Consistency: Remember the 40% rule - aim for steady daily profits rather than home runs
  • Manage Risk Aggressively: With 6% drawdown, tight risk management is crucial
  • Use the Time Wisely: No time limits means you can wait for A+ setups
  • Track Your Stats: Monitor your daily P&L to ensure you don't hit the consistency threshold
  • Start Smaller: Consider beginning with a smaller account to get comfortable with the rules

Frequently Asked Questions

How long does it take to get funded? +

Once you pass the evaluation, Apex typically funds your account within 24-48 hours. You'll receive login credentials to your live funded account and can begin trading immediately.

What happens if I fail the evaluation? +

If you violate the rules or don't meet the profit target, you can purchase a reset for a discounted fee (typically 20-40% off the original evaluation cost). This allows you to try again with the same account size.

Can I trade news events? +

Yes! Apex allows trading during news events with no restrictions. However, be mindful of increased volatility and ensure you stay within your drawdown limits.

Is there a minimum number of trading days? +

No, Apex has no minimum trading day requirements. You can pass the evaluation in as few days as you'd like, as long as you meet the profit target and follow all rules.

How does the 40% consistency rule work? +

Your single best trading day cannot account for more than 40% of your total gross profit. For example, if you made $4,000 total profit, no single day can exceed $1,600. This encourages consistent performance rather than lucky streaks.

Can I withdraw my evaluation fee back? +

No, Apex does not refund the evaluation fee after you pass. However, with the 90% profit split and weekly payouts, most traders recoup their investment quickly through trading profits.

How many accounts can I have? +

You can have up to 8 funded accounts simultaneously. This allows you to scale your earnings significantly. Each account operates independently with its own rules and profit targets.

What instruments can I trade? +

Apex specializes in futures trading across major indices (ES, NQ, YM, RTY), commodities (Gold, Oil, Natural Gas), currencies (6E, 6J, 6B), bonds, and more. The full list of available instruments is provided when you create your account.

Final Verdict

★★★★★
4.6 / 5.0
HIGHLY RECOMMENDED 90% PROFIT SPLIT WEEKLY PAYOUTS NO TIME LIMITS

Apex Trader Funding is an excellent choice for serious futures traders who value transparency, generous profit sharing, and flexible evaluation terms. The 90% profit split is industry-leading, and the single-phase evaluation with no time limits makes it accessible yet professional. While the 6% drawdown and 40% consistency rule require disciplined trading, they ultimately benefit traders by encouraging proper risk management. With reliable weekly payouts, excellent scaling opportunities, and support for all trading styles including algorithmic strategies, Apex stands out as one of the top prop firms in 2024.

Start Your Apex Journey Today →

Bottom Line

Best For:

Futures Traders Experienced Scalpers Algo Traders Consistent Performers Professional Traders

Key Strengths:

  • Unmatched 90% profit split
  • Flexible evaluation with no time pressure
  • Weekly payout schedule
  • Aggressive scaling to $2M+
  • Full support for automated trading

⭐ Our Rating Breakdown

Profit Split & Payouts: 10/10

Industry-best 90% split with weekly withdrawals

Evaluation Process: 9/10

Fair, transparent, and flexible with no time limits

Scaling Opportunities: 9/10

Excellent growth potential up to $2M

Platform & Tools: 8.5/10

Solid platforms though limited to specific providers

Customer Support: 8.5/10

Responsive and helpful, room for improvement in speed

Value for Money: 9.5/10

Competitive fees with excellent profit potential

Ready to Start Trading with Capital?

Join thousands of funded traders at Apex and keep 90% of what you earn

Get Funded with Apex →

© 2024 PropFirm Reviews. All rights reserved.

Disclaimer: Trading futures and forex involves substantial risk. Past performance is not indicative of future results. Always trade responsibly.

.5rem;"> Payout Reliability 95%
Platform Stability 92%
Customer Support 88%
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