Jeremy Biberdorf
By: Jeremy Biberdorf
March 30, 2024

Apex Trader Funding Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
March 30, 2024


This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
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4.7 rating based on 5 ratings

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In a Nutshell: Apex Trader Funding is a leading proprietary trading firm that offers a simplified approach to funding traders worldwide. Their One-Step Evaluation Process has made them a popular choice among day traders, offering the chance to prove trading proficiency within a set number of trading days to achieve the profit goal and earn a funded account.

In my Apex Trader Funding review, I will cover the specifics of their services, highlighting their evaluation programs, trading software, rule sets, and more.

Pros & Cons
  • A range of account sizes with Contract Size up to $300,000.
  • Simple rule set that is easy to follow.
  • Allows a wide range of trading strategies including News trading strategies.
  • Offers a competitive profit split.
  • No overnight positions allowed.

Apex Trader Funding Overview

Initial Capital$25,000 – $300,000
Price Range$157 – $677
Profit Split90%
Daily LossNone
Max Drawdown6% to 2.5%
Profit Target6%
Tradable ProductsEquity Futures, Forex, Agricultural, Energy, Interest Rate, Metals and Crypto Futures

What is Apex Trader Funding? website

Apex Trader Funding is a proprietary trading firm specializing in extending trader funding programs to dedicated day traders worldwide. Distinguished by its unique approach, this firm allows skilled traders to leverage Apex’s capital to actively trade futures contracts, inclusive of micro contracts.

Apex Trader Funding’s hallmark feature is the One-Step Evaluation Process. Simplifying the assessment for traders, this process invites participants to exhibit their trading acumen within a defined trading period. Successful traders, upon achieving the set profit target, are awarded a fully funded trading account.

With an adaptive platform that accommodates a spectrum of trading strategies, Apex Trader Funding serves a wide range of trading aspirations. However, it’s crucial to recognize the inherent risks tied to futures trading.

This overview of Apex Trader Funding serves purely informative purposes and shouldn’t supplant expert financial counsel. For any financial decisions, it’s always best to seek advice from a seasoned financial advisor.

External Apex Trader Funding Reviews & Ratings

Trustpilotapex trustpilot review

Firsthand User Experience with Apex Trader Funding

Here are some of the most telling reviews I was able to find, from traders who have experienced the platform firsthand:

“I rated it 5 out of 5 because I really liked how detailed the FAQ section is. They offer great trading plan options and a wide selection of trading platforms for futures trading. APEX is geared towards professionals, and that’s a great aspect. I’m very happy that I found APEX. Thank you for reading, and best of luck to everyone!”
“The whole experience has been amazing. The support team is always quick to answer any questions, nothing is hidden from you. Great team all around, I’m not going anywhere else. Apex member for life! Thank you guys.”
“I have been with Apex Trader Funding for some time and have passed multiple evaluations accounts. I am highly satisfied with everything. Customer service is outstanding and processes straight forward. No hidden rules.
Very happy to be part of this company.”
“I have been trading for over 20 years, I don’t follow directions well due to my over inflated ego and blew some accounts that I shouldn’t have during the testing period simply for not understanding the rules. I also blew plenty of test accounts trying to follow Ai robot trading systems and buy sell signal software that may work in the long term but does not help you pass the test because of drawdown thresholds. Having said that, the system they have designed to pass the test is GENIUS, in my opinion. Obviously they want risk adverse, consistently profitable traders to be on their team once they provide real capital and I will tell you just following the rules, and putting in the time, this alone has broken every single bad habit I had and now I look forward to trading every single day. These guys have it down to a science and I highly recommend using APEX. Support is great as well.”

Most of the Apex Trader Funding reviews I read were generally positive, as proven by its 4.8 TrustPilot average rating. This is one of the highest ratings in the prop trading firm industry. With over 3,000 reviews, of course, there were a few complaints.

Apex Trader Funding Customer Review Analysis

Most of the negative reviews of Apex Trader Funding stemmed from bad customer support experiences. As evident by its overall rating of 4.8 out of 5 reviews from over 3,000 reviewers, bad customer service is far from the normal experience. After spending some time digging through the reviews, I found many more reviews lauding the exceptional customer service received with Apex Trader Funding.

If you look into Apex Trader Funding Reddit reviews, it’s a mixed bag. Many of the Reddit reviews I came across seemed very spammy. There were some negative posts about the withdrawal rules, but as covered below, the rules are clearly explained by Apex Trader Funding on their website.

How Does Apex Trader Funding Work?

Apex Trader Funding operates through a simple process. Traders start by signing up for one of the evaluation accounts, which range in contract sizes from $25,000 to $300,000. The fee for these evaluation programs varies based on the chosen contract size.

After signing up, traders undertake the One-Step Evaluation Process. The aim is simple – achieve the profit goal within the stipulated trading days.

The firm has set simple rules that traders must adhere to during the evaluation period. These include not exceeding the daily loss limit not holding positions overnight, and not reaching.

If a trader completes the evaluation process by meeting the profit target within the set period without breaking any rules, they will be offered a funded account, with the same rules and targets in place.

Traders can track their trading progress and manage their accounts efficiently through a trader dashboard.

Is Apex Trader Funding Legit?

Apex Trader Funding is indeed legitimate and trustworthy. With a stellar 4.8 out of 5 rating on Trustpilot, based on over 3,500 reviews, it’s clear that the majority of its users have had positive experiences.

This high rating, with 93% being 5-star reviews, reflects the firm’s commitment to providing quality service and reliable trading opportunities. The feedback is overwhelmingly positive, indicating a high level of satisfaction among its users.

The firm’s transparency, clear rules, and straightforward evaluation process contribute to its legitimacy. Furthermore, the success stories and positive feedback from a wide range of traders underscore its effectiveness and reliability as a prop trading firm.

While there are some negative reviews, primarily concerning customer support, these are relatively few and do not detract from the overall positive reputation of Apex Trader Funding.

Apex Trader Funding vs Competition

When considering Apex Trader Funding, it’s important to compare it with other prop trading firms to ensure it aligns with your trading goals and preferences. Competitors like TopStep, Earn2Trade, Bulenox, The Trading Pit, and FTMO each offer unique features and programs.

For example, TopStep is well-known for its focus on trader education, offering extensive resources that are particularly beneficial for new investors. My analysis suggests that TopStep may be more suited for traders who are just starting and looking for educational support to pass their Trading Combine. For more information check out our TopStep review.

Comparing TopStep vs Apex Trader Funding highlights the latter’s emphasis on simplicity and larger contract sizes. Apex Trader Funding’s ability to pay out over $25 million to traders, as of July 2023, suggests a strong track record of trader success.

In conclusion, Apex Trader Funding stands out for its clear rules, large contract sizes, and competitive profit splits, making it a solid choice, especially for experienced traders looking for more flexibility and fewer limitations.

Your Apex Trader Funding Options

Apex Trader Funding provides a variety of options for traders, offering flexibility in starting capital, contract sizes, profit goals, and fees. Here’s a quick rundown of the available options:


The entry-level option offers a starting capital of $25,000, with traders allowed to trade 4 contracts (40 Micros). The profit goal is set at $1,500, with a trailing threshold of the same value. There is a live trailing threshold of $1500. This option costs $147 per month.


This option provides a starting capital of $50,000 and permits 10 contracts (100 Micros). The profit goal is $3,000 with a trailing threshold of $2,500. There is a Live Trailing Drawdown of $2500. This option costs $167 per month.


With a starting capital of $75,000, traders can trade up to 12 contracts (120 Micros). The profit goal is $4,250, with a trailing threshold of $2,750. It carries a monthly fee of $187.


This option offers a starting capital of $100,000 and permits trading of 14 contracts (140 Micros). The profit goal is $6,000 with a trailing threshold of $3,000. The cost of this option is $207 per month.


Offering a larger starting capital of $150,000, traders can trade 17 contracts (170 Micros). The profit goal is $9,000 with a trailing threshold of $5,000. The cost of this program is $297 per month.


This option provides a substantial starting capital of $250,000 and allows traders to trade 27 contracts (270 Micros). The profit goal is set at $15,000 with a trailing threshold of $6,500. The monthly fee for this option is $517.


This is the highest tier option, with a starting capital of $300,000, allowing traders to trade up to 35 contracts (350 Micros). The profit goal is $20,000, with a trailing threshold of $7,500. The cost of this program is $657 per month.


Unlike the full options, this option has a static contract limit of 2 contracts (20 Micros) regardless of the starting capital. It has a profit goal of $2,000, with no trailing threshold, but a total drawdown limit of $625. The monthly fee for this option is $137.

Each of the above options includes a free NinjaTrader License (worth $75) and free real-time data fees (worth $55).

For traders who do not meet the evaluation criteria, Apex Trader Funding offers evaluation resets at $80 per reset, with no limit on the number of resets.

Once a trader is funded, they pay a monthly account fee of $85 per account, limited to up to 20 paid accounts. This fee covers data and the NinjaTrader platform fee. One-time fee options are also available.

Who is Apex Trader Funding Best For?

I believe Apex Trader Funding is best suited for:

  • Day Traders: Apex Trader’s services are custom-tailored for individuals who prefer day trading. Their simple rule set and the opportunity to trade using the firm’s capital make it a good choice for day traders looking to minimize their risk.
  • Traders seeking flexibility: Apex Trader Funding accommodates a wide range of trading strategies, making it an attractive choice for traders looking for flexibility in their trading approach.
  • Traders aiming for higher Contract Sizes: With funding programs offering contract sizes up to $300,000, Apex Trader Funding caters to traders who aim to trade with larger contract sizes.

Trading Platforms Supported By Apex Trader Funding

Apex Trader Funding offers support for a wide range of futures trading platforms. Every account includes free real-time data and a NinjaTrader license key at no extra cost.

The supported platforms are:

  • NinjaTrader
  • TradingView
  • Tradovate
  • Rithmic
  • Wealthcharts (web-based)
  • RTrader Pro (Mac not supported)
  • Jigsaw Trading
  • ATAS
  • Bookmap
  • Edgeclear
  • Finamark
  • Motivewave
  • Quantower
  • Sierra Chart


For those looking to get started, Apex Trader Funding specifically recommends NinjaTrader 8 or Rithmic RTrader Pro. Before using NinjaTrader or any other platform, it’s advised to download Rithmic first to activate the data feed and place trades.

With a Rithmic login, users can also access several other platforms, such as Bookmap, Finamark, and Volfix. Although MetaTrader 4 and 5 are not currently supported, the available options are robust and cater to a variety of trading needs.

What are Your Benefits?

apex trader funding benefits

Choosing Apex Trader Funding comes with several notable benefits, here are the benefits I like most:

  • Wide Range of Contract Sizes: Apex Trader Funding offers a variety of account sizes, with contracts ranging from $25,000 up to $300,000. This flexibility allows traders to choose an account size that aligns with their trading goals and risk tolerance.
  • Simple Rules: The firm prides itself on its simple rule set, which makes it easier for traders to understand what is required to pass the evaluation process.
  • Accepts Various Trading Strategies: Unlike some prop firms that limit the allowed trading strategies, Apex Trader Funding accepts a wide range of trading methods, including News trading strategies. This flexibility allows traders to meet the profit target in ways that suit their style.
  • Competitive Profit Split: Once funded, traders enjoy a competitive profit split, meaning that traders retain a significant portion of their trading profits.
  • Trade Copier Software: Apex Trader Funding offers Trade Copier software, which allows traders to automate their trades. This tool is particularly useful for traders who use automated trading systems.
  • Cutting-Edge Trading Platforms: Apex Trader Funding offers advanced trading platforms like Rithmic and Tradovate. Tradovate is user-friendly and lets users execute trades across multiple accounts with one click. Members also receive reduced rates for tools like Tick Strike, Markers Plus, and Ninja Suites for enhanced trading.
  • Education and Mobility: They provide a 30-day free educational course and one-on-one mentorship. They also have a mobile app for trading on the move.
  • Customer Service: They offer live chat with quick responses and an online form for queries which may take up to 72 hours for a reply. Their FAQ is comprehensive, and they have a 4.8-star rating on Trustpilot from over 3,500 reviews.
  • Data Security: Apex prioritizes security with features like data encryption, secure servers, and third-party gateways to safeguard payment details. Other measures include password encryption and 24/7 monitoring.
  • Pricing and Investment: Monthly account options range from $157 to $677. Trading activities come with clear commissions, and after 10 days of trading, users can request payouts.
  • Fast-Track Trading: Evaluation takes only 7 days. They offer lifetime Price Action (PA) options, and after 10 days of trading, users can withdraw money. Traders can manage up to 20 PA accounts at once and enjoy a generous profit-split policy.
  • User Experience: Apex ensures intuitive trading with real-time data, diverse account options, and a seamless evaluation process. They focus on user growth, learning, and financial achievements.

apex trader funding tools

Check Apex Trader Funding website to confirm current pricing and full terms.

Limitations of Apex Trader Funding

Despite its significant advantages, it’s important to consider the limitations of Apex Trader Funding:

  • No Overnight Positions: The firm does not permit holding positions overnight. Traders must close all positions by the end of the trading day, which might limit certain trading strategies that require holding trades over a longer duration.

Apex Trading Funding Review Final Thoughts

Apex Trader Funding offers a simplified and flexible platform for traders seeking to secure a funded account for trading futures contracts. With its One-Step Evaluation Process, clear rules, and the acceptance of a variety of trading strategies, it offers a robust prop trading platform.

This Apex Trader Funding review proves that it is an appealing service for any day trader aiming to get funded, offering considerable Contract Sizes up to $300,000. Click here to sign up today!

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Frequently Asked Questions

Trades cannot be left open past the end of the business day. Ensure all trades are settled and any upcoming orders are revoked by 4:59 PM ET.

On half-day trading holidays, you should conclude all trades before the market shuts, no matter the hour.

Keeping positions active over the weekend is also prohibited.

No, Apex Trader Funding does not allow news trading. Trading directly based on news events, like straddling or making moves immediately before or after announcements, is prohibited.

However, if you’ve initiated a regular trade, it can remain open during news releases.

Apex Trader Funding was started by Darrell Martin in 2021, driven by a vision of offering traders the liberty to operate without the constraints typical of conventional funding companies.

With a background in ranching and day trading, Martin, who had already fostered a flourishing community of traders, recognized the potential to launch a proprietary firm that provided more adaptability and fewer limitations compared to others in the market.

You can now request 2 payouts per month. There needs to be a 10-day trading gap between each payout request, allowing you two withdrawals monthly. Here’s the payout schedule:

  • Submit your request between the 1st and 5th of the month, and your payment is issued on the 15th.
  • If you submit between the 15th and 20th, you’ll receive the payout on the month’s final day.

Using software that completely handles trading isn’t permitted with Apex Trader Funding. This encompasses tools such as expert advisors (EAs), robots, AI, algorithms, HFT, and bots of any type.

No, currently Apex Trader Funding does not offer a free trial.

You can contact Apex Trader Funding by the following means:

  • Address: 2028 E. Ben White Blvd, Ste 240 -9873, Austin, TX 78741, USA
  • Phone: 1-855-273-9873
  • They offer live chat support and have a help desk on their website:

Yes, Apex Trader Funding is a legitimate proprietary trading firm. It has garnered a high rating of 4.8 out of 5 on Trustpilot from thousands of reviews, indicating a strong level of trust and satisfaction among its users. The firm is known for its clear rules and transparent evaluation process, enhancing its credibility in the trading community.

Apex Trader Funding is considered safe for traders. It employs stringent rules and a clear evaluation process to ensure responsible trading. While all trading involves risks, Apex Trader Funding provides a structured environment that minimizes unnecessary risks, making it a safe option for traders looking to get funded.

Apex Trader Funding operates through a One-Step Evaluation Process where traders sign up for an evaluation account and are required to achieve a set profit goal within a specified number of trading days. Successful completion of this process, without violating any rules, qualifies the trader for a funded account to trade futures contracts using Apex’s capital.

Yes, Apex Trader Funding pays its traders. Once traders complete the evaluation process and are granted a funded account, they can earn profits from their trades. The firm offers a competitive profit split, allowing traders to keep a significant portion of the profits they generate.

Becoming a funded trader can be worth it for those who are skilled in trading but lack the capital to maximize their potential. Funded trading programs like Apex Trader Funding provide the capital and structure needed to trade larger positions, potentially leading to more significant profits while also mitigating personal financial risk.

Apex Trader Funding was founded by Darrell Martin in 2021. Martin, with a background in both ranching and day trading, started the firm to offer traders more flexibility and fewer limitations than traditional proprietary trading firms.

Apex Trader Funding is a proprietary trading firm that specializes in offering trader funding programs. It allows skilled traders to use the firm’s capital to trade futures contracts, including micro contracts. The firm is known for its One-Step Evaluation Process and accommodates a wide range of trading strategies.

Apex Trader Funding does not specify a particular broker for its trading activities. Instead, it focuses on providing traders with the capital and platform to trade futures contracts. Traders in the Apex program typically use the provided trading platforms like NinjaTrader, which connect to various futures brokers.

The price of Apex Trader Funding’s programs varies depending on the account size chosen. They offer accounts ranging from $25,000 to $300,000 with corresponding fees. For example, the 25K FULL option costs $167 per month, while the 300K FULL option is priced at $677 per month.

The minimum trading days requirement for Apex Trader Funding’s evaluation process varies based on the specific program. Generally, traders are expected to meet the profit target within a certain number of trading days, which is clearly outlined in each program’s rules.

Apex Trader Funding sets a daily loss limit for each of its programs, which varies based on the account size. Exceeding this limit during the evaluation period or in a funded account can result in disqualification or termination of the trading account.

To pass the Apex Trader Funding evaluation, traders must meet the specified profit target within the set number of trading days without violating any of the program’s rules, such as the daily loss limit or overnight position restrictions. Consistent and disciplined trading is key to passing the evaluation.

Apex Trader Funding primarily focuses on futures trading and does not offer options trading in its programs. The firm provides capital and platforms for trading various futures contracts, including equity, Forex, and cryptocurrency futures.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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