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Apex Trader Funding Review
Austin TX, USA· Founded 2021· Futures
The largest futures prop firm, known for frequent discounts & unmatched scalability.
Coupon codeAPJ
Overall rating
4.8/5
Trust score
4.5/10
Support
4.5/5
Community
4.7/5
Editor's pick
Quick stats
Key numbers pulled from the cheapest published plan.
Challenge type
Intraday Trailing
Starting price
$16.7
Profit split
Up to 100%
Daily drawdown
None
Maximum drawdown
6%
Leverage
Futures margin
Payout frequency
Every 5 Trading Days
Refundable fee
No
Scaling plan
Available
Supported markets
Futures
Account pricing
Every Apex Trader Funding plan currently published, with live fees and rules.
$25,000
Intraday Trailing
- Fee
- $167
- Discounted
- $16.7
- Split
- 100%
- Max DD
- 6%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$25,000
Eod Trailing
- Fee
- $390
- Discounted
- $39
- Split
- 100%
- Max DD
- 6%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$50,000
Intraday Trailing
- Fee
- $249
- Discounted
- $24.9
- Split
- 100%
- Max DD
- 5%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$50,000
Eod Trailing
- Fee
- $490
- Discounted
- $49
- Split
- 100%
- Max DD
- 5%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$100,000
Intraday Trailing
- Fee
- $399
- Discounted
- $39.9
- Split
- 100%
- Max DD
- 3%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$100,000
Eod Trailing
- Fee
- $790
- Discounted
- $79
- Split
- 100%
- Max DD
- 3%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$150,000
Intraday Trailing
- Fee
- $599
- Discounted
- $59.9
- Split
- 100%
- Max DD
- 3.33%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
$150,000
Eod Trailing
- Fee
- $1,490
- Discounted
- $149
- Split
- 100%
- Max DD
- 3.33%
- Daily DD
- None
- Leverage
- Futures margin
- Platform
- Tradovate, NinjaTrader, TradingView
Pros & cons
What stands out — and what to watch — with Apex Trader Funding.
Pros
- Fast, frequent payouts once funded
- Large number of simultaneous funded accounts
- Frequent evaluation discounts
- No daily drawdown on evaluation accounts
Cons
- Trailing threshold drawdown can be strict
- Monthly reset fees add up on many accounts
Apex Trader Funding review
Our independent editorial assessment.
Company overview
Apex Trader Funding is a US-based futures proprietary trading firm offering one-step evaluations on Rithmic and Tradovate. Traders keep 100% of the first $25,000 per account and 90% thereafter, with up to 20 funded accounts and payouts available every 5 days.
Who it is best for
Active futures day traders who want many funded accounts and quick, repeatable payouts.
Strengths
Apex has one of the deepest track records in futures prop trading, with the LARGEST payout history, generous scaling through multiple accounts, and near-constant evaluation discounts that make entry cheap.
Weaknesses
The trailing threshold drawdown punishes traders who let winners give back, and running many accounts at once means a higher upfront cost upon activating all.
Our verdict
Apex remains the default choice for most futures traders: cheap to start, proven at paying, and flexible on rules. Just plan around the trailing drawdown if you do not go with EOD accounts.
Trading rules
What you can and cannot do on a funded account.
Rule set
- News trading
- Weekend holding
- Copy trading
- Expert Advisors
- High frequency trading
- Payout on demand
- Swap free
- Commissions charged
Supported platforms
Tradovate
NinjaTrader
TradingView
Rithmic
Quantower
Trading hours
Nearly 24/5 futures market hours. Positions must be flat before the daily close on funded accounts.
Scaling rules
Scale by adding more evaluation accounts (up to 20) rather than through a single growing balance.
Maximum allocation
$3,000,000
Payout schedule
Payouts available every 5 trading days early on, with each payout cap growing per account.
Payout methods
Bank wire, ACH and PayPal depending on region.
Refund policy
Non-Refundable
Why choose Apex Trader Funding?
Active futures day traders who want many funded accounts and quick, repeatable payouts.
Best for experienced traders
Intraday and End-of-Day drawdown accounts available, with sizes up to $300K, and 20 funded account allocation.
Best for news traders
News trading is allowed around major economic releases.
Best value
Evaluations start at $16.7 with up to 100% profit split.
Fast approvals
As of Q2 2026, Apex now approves payouts immediately. If your dashboard shows you are eligible request, you will likely be approved in minutes.
Frequently asked questions
Common questions about Apex Trader Funding.
Trader reviews
Verified feedback published on Funded Firm Finder.
Discounts make it a no-brainer
5.0Evaluations are cheap when the promo codes are live, and payouts have always arrived within a couple of days.
— Marcus D.
Trailing drawdown takes discipline
5.0Great firm overall, but the intraday trailing threshold punishes you for giving back open profit.
— Priya S.
Other firms to consider
Compare the alternatives before you buy.
Take Profit Trader
4.5Futures firm with end-of-day drawdown and 100% of the first $10,000 in profits.
View review
Lucid Trading
4.1One of the fastest growing futures prop firms, with low-cost evaluations and flexible account structures.
View reviewReady to Start Trading?
Start your Apex Trader Funding evaluation, line it up against the alternatives, or let the quiz match you to the futures prop firm that fits your budget and style.
Use code APJ at checkout.