Apex Trader Funding
Industry-leader futures prop — flexible trailing DD, $1B+ paid out
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At a glance
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What the marketing pages don't tell you
Specific quirks, fees, hidden rules, and operational catches we've found from FAQ deep-dives. Always verify with the firm before purchase.
Full rules
Key constraints that decide pass/fail. Verify on the firm's site — these change frequently.
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What the account costs to run and how the money actually comes out — fees, payout timing and limits, scaling, and which platforms you can trade on.
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Trading involves risk of capital loss. Past performance does not guarantee future results. This is not financial advice — verify firm rules before purchase.
Apex Trader Funding — frequently asked questions
Does Apex Trader Funding have a discount code?
Yes — use code SAVENOW for 90% off any size evaluation at checkout. Firms rotate codes, so test it before paying; if it fails, check our codes page for the latest.
Is Apex Trader Funding legit and safe?
Apex Trader Funding holds an estimated Trustpilot rating of 4.2/5 from roughly 21,092 reviews. As with any prop firm, read the current rules and payout terms before buying, and start with a smaller account size.
What is Apex Trader Funding's profit split?
Apex Trader Funding's profit split is 100% of every approved payout.
Does Apex Trader Funding allow EAs or trading bots?
Prohibited; automated or algorithmic trading of any kind is not allowed.
Apex Trader Funding at a glance
| Market | Futures |
|---|---|
| Models | 1-step Evaluation |
| Profit split | 100% of every approved payout |
| Profit target | $1,500 / $3,000 / $6,000 / $9,000 (6% of account) · $1,500 / $3,000 / $6,000 / $9,000 |
| Max drawdown | $1,000 / $2,000 / $3,000 / $4,000 (intraday trailing) · $1,000 / $2,000 / $3,000 / $4,000 (trails EOD high) · Trailing drawdown: $1,000 / $2,000 / $3,000 / $4,000 |
| Daily loss limit | none in the evaluation; the funded PA has a tier-based DLL ($500→$1,250 / $1K→$3K / $1,750→$3,500 / $2,500→$4K by size) that pauses trading for the session when hit · $500 / $1,000 / $1,500… |
| Consistency rule | none in eval; 50% best-day cap on PA payouts · 50% best-day cap on Performance Account qualifying days; 5 qualifying days required per payout cycle |
| Payout schedule | 24-48h via Deel (ACH/Plane) — automatic, no manual review · 24-48h via Deel — automated · On-demand payouts; 30-day evaluation window |
| EA / bots | Prohibited; automated or algorithmic trading of any kind is not allowed |
| News trading | Allowed |
| Weekend holding | Not allowed; positions must be closed before market close |
| Cheapest challenge | $167 |
| Trustpilot (estimate) | 4.2/5 from ~21,092 reviews |
Apex Trader Funding plan rules, drawdown and payout terms
Every figure below is read from Apex Trader Funding’s own published plan pages and re-checked 2026-09-02. Where a plan defers part of the fee, the balance is shown beside the price.
Apex Trader Funding Apex 4.0 — 1-Step Evaluation Intraday Trailing rules
| Profit target | $1,500 / $3,000 / $6,000 / $9,000 (6% of account) |
|---|---|
| Daily loss limit | none in the evaluation; the funded PA has a tier-based DLL ($500→$1,250 / $1K→$3K / $1,750→$3,500 / $2,500→$4K by size) that pauses trading for the session when hit |
| Max drawdown | $1,000 / $2,000 / $3,000 / $4,000 (intraday trailing) |
| Drawdown type | trailing_intraday |
| Min trading days | |
| Consistency rule | none in eval; 50% best-day cap on PA payouts |
| Profit split | 100% (no tier ramp from cycle 1) |
| Payout rules | 5 qualifying days per cycle; min qualifying-day profit $100/$200/$250/$300 (Intraday 25K/50K/100K/150K); min payout $500; per-payout caps 25K $1,000 flat, 50K $1.5K->$3K, 100K $2K->$4K, 150K $2.5K->$5K; MAX 6 payouts per PA — the PA then… |
| EA and trading bots | Prohibited — firm's Prohibited Activities forbid all automation and algorithm usage; trade copying with other traders is also strictly forbidden. No pre-approval path and no leader/follower copy scheme is published |
| News trading | News trading allowed (no blackout) for normal strategy; news-chasing and both-sides order gambling prohibited. Hedging is prohibited unconditionally, not only around news |
| Account size | Price |
|---|---|
| $25K | $167 one-time |
| $50K | $249 one-time |
| $100K | $399 one-time |
| $150K | $599 one-time |
Apex Trader Funding Apex 4.0 — 1-Step Evaluation EOD Trailing rules
| Profit target | $1,500 / $3,000 / $6,000 / $9,000 (6% of account) |
|---|---|
| Daily loss limit | $500 / $1,000 / $1,500 / $2,000 (auto-liquidates intraday, no rule violation) |
| Max drawdown | $1,000 / $2,000 / $3,000 / $4,000 (trails EOD high) |
| Drawdown type | trailing_eod |
| Min trading days | |
| Consistency rule | none in eval; 50% best-day cap on PA payouts |
| Profit split | 100% (no tier ramp) |
| Payout rules | 5 qualifying days per cycle; min qualifying-day profit $100/$250/$300/$350 (EOD 25K/50K/100K/150K); min payout $500; MAX 6 payouts per PA — the PA then closes and you must qualify on a new evaluation (there is no cycle 7+) |
| EA and trading bots | Prohibited — firm's Prohibited Activities forbid all automation and algorithm usage; trade copying with other traders is also strictly forbidden. No pre-approval path and no leader/follower copy scheme is published |
| News trading | News trading allowed (no blackout) for normal strategy; news-chasing and both-sides order gambling prohibited. Hedging is prohibited unconditionally, not only around news |
| Account size | Price |
|---|---|
| $25K | $450 one-time |
| $50K | $550 one-time |
| $100K | $990 one-time |
| $150K | $1,890 one-time |
Apex Trader Funding Evaluation (Apex 4.0 – One-Time Fee) EOD Trailing rules
| Profit target | $1,500 / $3,000 / $6,000 / $9,000 |
|---|---|
| Daily loss limit | $500 / $1,000 / $1,500 / $2,000 (EOD daily loss limit applies) |
| Max drawdown | Trailing drawdown: $1,000 / $2,000 / $3,000 / $4,000 |
| Drawdown type | Trailing EOD (recalculates daily at session close from closing balance) |
| Consistency rule | 50% best-day cap on Performance Account qualifying days; 5 qualifying days required per payout cycle |
| Profit split | 100% of every approved payout (no 90% tier, no $25K-lifetime construct) — but per-payout dollar caps apply and a PA can receive at most 6 payouts |
| Payout rules | On-demand payouts; 30-day evaluation window |
| Activation fee | EOD by size: $119 (25K) / $139 (50K) / $149 (100K; $139 on Tradovate) / $159 (150K) — separate, non-discountable, due within 7 calendar days of passing |
| Account size | Price |
|---|---|
| $25,000 | $450 |
| $50,000 | $550 |
| $100,000 | $990 |
| $150,000 | $1,890 |
Apex Trader Funding Evaluation (Apex 4.0 – One-Time Fee) Intraday Trailing rules
| Profit target | $1,500 / $3,000 / $6,000 / $9,000 |
|---|---|
| Daily loss limit | No daily loss limit on Intraday evaluations; the funded Intraday PA has a tier-based DLL ($500→$1,250 / $1K→$3K / $1,750→$3,500 / $2,500→$4K) |
| Max drawdown | Trailing drawdown: $1,000 / $2,000 / $3,000 / $4,000 |
| Drawdown type | Trailing intraday (real-time, follows unrealized peaks; never retraces) |
| Consistency rule | 50% best-day cap on Performance Account qualifying days; 5 qualifying days required per payout cycle |
| Profit split | 100% of every approved payout (no 90% tier, no $25K-lifetime construct) — but per-payout dollar caps apply and a PA can receive at most 6 payouts |
| Payout rules | On-demand payouts; 30-day evaluation window |
| Activation fee | Intraday $59 on all sizes — separate, non-discountable, due within 7 calendar days of passing |
| Account size | Price |
|---|---|
| $25,000 | $167 |
| $50,000 | $249 |
| $100,000 | $399 |
| $150,000 | $599 |
Apex Trader Funding discount codes
SAVENOW— 90% off any size evaluation
How to play Apex Trader Funding
Use the EOD plan on a 100k if you trade through news — day-end snapshot eliminates the intraday wick risk.
Things to know before you buy
- Apex 4.0 launched March 1, 2026 — completely replaced legacy monthly-subscription system with one-time eval fees
- PA activation fees are NOT discounted by promo codes: Intraday $59 (all sizes); EOD by size $119 (25K) / $139 (50K) / $149 (100K, $139 on Tradovate) / $159 (150K). Due within 7 calendar days of the…
- Mandatory bracket orders: Rithmic and Tradovate reject orders without attached stop-loss/take-profit since March 2026
- Metals (GC, SI, QI, QO, MGC, HG, PL, PA) suspended since March 14, 2026 — no return date announced
- MAE rule, 5:1 risk-reward, one-direction, 7-day minimum all REMOVED in 4.0
Key rules in Apex Trader Funding’s own words
Quoted verbatim from Apex Trader Funding’s published trading rules, so you see the exact wording that decides a breach — not our paraphrase.
“No single profitable trading day may account for 50% or more of total profit earned since your last approved payout. If this requirement is not satisfied, the payout request option will not be available until you reach 50% consistency.”
“The Safety Net is calculated as your account's drawdown limit plus $100. This threshold must be maintained for the lifetime of the Performance Account. Only profit above the safety net is eligible to be requested for a payout.”
“Each Performance Account may receive a maximum of six payouts. ... After 6 payouts, the PA is closed, and you will be able to obtain another PA by qualifying for another evaluation.”
“No Automation or Algorithm Usage allowed: Rewards are intended to recognize human traders actively participating in the learning process, not to reward automated systems executing preprogrammed logic.”
Rules and pricing verified 2026-09-02 against Apex Trader Funding’s own site.
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