Apex Trader Funding Review

 

Our Take on Apex Trader Funding

In our testing of Apex Trader Funding, we scored the firm at 37/100 due to high monthly fees, limited platform flexibility, and minimal educational resources compared to competing futures prop firms.

While Apex offers a solid profit-sharing structure, allowing you to retain 100% of your first $25K in profits, the prop firm fell short in areas like monthly fees and support resources. Apex’s evaluation process is competitive, but lacks the extensive community engagement found in top-scoring firms like Topstep.

Pros and Cons

Pros
  • Account sizes up to $300K
  • High profit split
  • 46 futures markets
Cons

  • High monthly fees
  • Limited education
  • Fees for Level 2 pricing

 

FAQs

Apex Trading refers to the evaluation and funded account programs offered by Apex Trader Funding, a futures prop firm. Apex allows you to qualify for funded accounts by meeting profit targets on demo evaluations, using platforms like NinjaTrader or Tradovate.

If you pass you’ll receive a Performance Account with up to $300K in funding and can earn 100% of the first $25K in profits, followed by a 90% split. Apex’s system is designed for futures traders and includes both static and trailing drawdown options.

Yes, Apex Trader Funding does offer payouts to funded traders. Traders can retain 100% of their profits up to $25,000 and 90% of profits beyond this amount. Payouts are processed every eight trading days, and funds typically arrive within 3–4 business days post-approval.

No Apex Trader Funding is not a scam and is considered a legit prop trading firm, with thousands of positive user reviews and a TrustPilot rating of 4.4/5 based on over 15,000 reviews.

Profit targets at Apex Trader Funding start at $1,500 for the smallest $25,000 account and increase with account size. Targets are fixed amounts rather than percentages, meaning larger accounts have higher absolute profit requirements. For example, a $100,000 full account has a $6,000 target, while the $100,000 static account has a lower $2,000 target.

Apex Trader Funding offers account sizes from $25,000 up to $300,000 for funded accounts. Each size has specific profit targets, drawdown structures, and contract limits. Smaller accounts, like the $25,000 option, have a lower profit target, while larger accounts such as the $300,000 account allow up to 35 contracts or 350 micros, suiting high-volume traders.

Yes, Apex Trader Funding is suitable for day trading, as it offers low-latency platforms like Rithmic and NinjaTrader, which are well-suited for rapid executions and market depth. The firm’s structure allows traders to close all positions by the end of the trading day, aligning with day trading practices.

Topstep generally outperforms Apex Trader Funding, with a higher overall score of 89/100 compared to Apex’s 37/100, based on various criteria including platform options, profit splits, and user support. Our Topstep review found the prop firms structured three-step process and profit-sharing model, which includes a 100% split on the first $10,000, makes it a more competitive choice.

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