Apex Trader Funding is a futures prop trading firm based in Austin, Texas, USA, established in 2021, specializing in providing funded trading accounts and supports trading across various futures products, including stock futures, forex futures, agricultural commodities, energy futures, interest rate futures, and metal futures.

Key Features

• Trading Instruments: Covers a wide range of futures products including stock futures, forex futures, agricultural commodities, energy futures, interest rate futures, and metal futures.
• Maximum Account Funding: Up to $300,000.
• Profit Split: Traders retain 100% of profits up to the first $25,000, thereafter a 90%/10% split applies.
• Fees: Starting at $137 per month.
• Trading Platforms: Supports NinjaTrader, Tradovate, TradingView, and other futures trading platforms.

Pros and Cons

Pros

• Fast evaluation process with only one step required.
• Traders keep 100% of profits up to the first $25,000.
• Allows trading during news events.
• System prevents exceeding maximum position sizes.
• Up to two withdrawal requests per month.

Cons

• No overnight positions allowed, trading hours limited to 23 hours per day.
• Except for static accounts, trailing threshold updates consider open positions but are easily monitored with provided software.

Trading Products

Apex Trader Funding offers a diverse range of trading products including:

• Stock Futures: Mini S&P500, Mini Nasdaq, Mini Dow, etc.
• Forex Futures: Major global currencies like AUD, GBP, CAD, EUR, JPY, CHF, NZD, etc.
• Agricultural Commodities: Beef, corn, wheat, soybeans, etc.
• Energy Futures: Crude oil, natural gas, heating oil, etc.
• Interest Rate Futures: Popular futures like 2-year, 5-year, 10-year Treasury notes, and 30-year Treasury bonds.
• Metal Futures: Gold, silver, copper, platinum, palladium, etc.
• Cryptocurrency Futures: Micro Bitcoin, Micro Ethereum, suitable for traders seeking volatility.
• Micro Futures: Ideal for smaller accounts with reduced point values to manage risks effectively.
• EUREX Market Instruments: Covers European markets including Germany's renowned DAX index.
• ICE Exchange: Instruments from different exchanges such as CME, CBOT, NYMEX, and COMEX.

Account Sizes

Apex Trader Funding offers various account sizes ranging from $25,000 to $300,000. Evaluation costs range from $147 to $657 per month, allowing trading in up to 20 accounts simultaneously.

Leverage and Profit Split

Apex Trader Funding provides a 1:1 leverage ratio, where the trading account balance equals purchasing power. Profit splits start at 100% for the first $25,000 in profits, adjusting to 90/10 thereafter with traders retaining 90% of profits while the company retains 10%.

Evaluation Rules

The evaluation process at Apex Trader Funding involves two types of accounts: Full accounts and Static accounts. Both account types share common rules and have specific evaluation metrics and constraints.

Common Rules:

• Minimum trading days: Each evaluation account requires a minimum of 7 trading days.
• Challenge duration: No maximum trading time limit, traders have the flexibility to determine the trading duration.
• Number of steps: Only one step! The sole task is to achieve the profit target while ensuring assets do not exceed the maximum drawdown.

For Static accounts, there is only one available account balance option. Unlike the Trailing Threshold, you need to adhere to a maximum drawdown limit. Here's a summary of the rules for Static accounts:

Through these detailed rules and metrics, Apex Trader Funding provides traders with a clear and transparent evaluation framework aimed at ensuring robust and compliant trading activities.

Considerations

• Apex Trader Funding strictly prohibits the use of any form of fully automated trading software, including Expert Advisors (EAs), robots, algorithms, Artificial Intelligence (AI), High-Frequency Trading (HFT), and other automated trading tools. However, tools that facilitate faster order execution or setting stop-loss and take-profit levels are allowed.
• Currently, Apex Trader Funding does not offer free trial services but provides a reset option to address violations.
• All trades must be closed before the market close each day, and all pending orders must be canceled. No positions are allowed over the weekend.
• Trading based on news events, including actions before or after news releases, is not permitted.

Overall, Apex Trader Funding offers a reliable funding platform for global traders with its wide range of trading products, diverse account sizes, and strict trading rules. With a Trustpilot rating of 4.8/5.0, the company enjoys a strong reputation within the industry.