The allure of trading with someone else’s money is a powerful magnet, drawing aspiring and seasoned traders alike to the prop firm industry. Imagine keeping a significant portion of the profits while sidestepping the risk of depleting your own capital. It’s no wonder that proprietary trading firms, or “prop firms,” have surged in popularity, offering funded accounts to traders who can demonstrate their skills. Among these firms, Apex Trader Funding has been generating a lot of buzz. Its promises of generous profit splits and various account options have piqued the interest of many. – Apex Trader Funding Review

Therefore, a comprehensive and unbiased review is crucial. This article dives deep into Apex Trader Funding, examining its plans, rules, legitimacy, and overall suitability for different trading styles. The aim is to provide you with the information needed to make an informed decision about whether Apex Trader Funding aligns with your trading goals.

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What is Apex Trader Funding and What Does it Offer?

In essence, a prop firm like Apex Trader Funding provides capital to traders, allowing them to trade financial markets without risking their own funds. The firm profits by sharing a percentage of the profits generated by the trader. This model benefits both parties: the trader gains access to larger capital, potentially amplifying their earnings, while the firm earns a return on its investment in successful traders.

Who is Apex Trader Funding? Apex Trader Funding has rapidly gained recognition in the prop firm space. It positions itself as a platform for traders of all levels to showcase their abilities and access substantial funding. With a mission to identify and support talented traders, Apex offers a tiered evaluation process and various account sizes to suit different risk appetites and trading styles. The firm primarily targets futures traders, providing access to a range of futures products.

The Gauntlet: Apex Trader Funding Challenge Explained

WealthCharts Plan

The WealthCharts Plan at Apex Trader Funding offers traders simplicity with included real-time data fees (valued at $55), no daily drawdown, and no scaling rules. This allows traders to use their full contract allocation from the start, enabling more aggressive strategies.

$25K FULL

* Contracts – 4
* Profit Goal – $1,500
* Trailing Threshold – $1,500
* Price – $147/month

 $50K FULL

* Contracts – 10
* Profit Goal – $3,000
* Trailing Threshold – $2,500
* Price – $167/month

 $100K FULL

* Contracts – 14
* Profit Goal – $6,000
* Trailing Threshold – $3,000
* Price – $297/month

 $100K STATIC

* Contracts – 2(20 Micros)
* Profit Goal – $2,000
* Max Drawdown – $625
* Price – $137/month

 $150K FULL

* Contracts – 17 mini contracts
* Profit Goal – $9,000
* Trailing Threshold – $5,000
* Price – $397/month

 $250K FULL

* Contracts – 27
* Profit Goal – $15,000
* Trailing Threshold – $6,500
* Price – $397/month

 $300K FULL

* Contracts – 35 contracts
* Profit Goal – $20,000
* Trailing Threshold – $7,500
* Price – $397/month

Rithmic Plan

Apex Trader Funding’s Rithmic Plan offers a comprehensive package with included real-time data fees ($55 value) and the NinjaTrader platform ($75 value). It eliminates the daily drawdown and scaling rules, allowing traders to use full contract allocations from the start for potentially faster profit generation.

$25K FULL

* Contracts – 4
* Profit Goal – $1,500
* Trailing Threshold – $1,500
* Price – $157/month

 $50K FULL

* Contracts – 10
* Profit Goal – $3,000
* Trailing Threshold – $2,500
* Price – $177/month

 $100K FULL

* Contracts – 14
* Profit Goal – $6,000
* Trailing Threshold – $3,000
* Price – $297/month

 $100K STATIC

* Contracts – 2(20 Micros)
* Profit Goal – $2,000
* Static Drawdown – $625
* Price – $147/month

 $150K FULL

* Contracts – 17 mini
* Profit Goal – $9,000
* Trailing Threshold – $5,000
* Price – $397/month

 $250K FULL

* Contracts – 27
* Profit Goal – $15,000
* Trailing Threshold – $6,500
* Price – $397/month

 $300K FULL

* Contracts – 35 contracts
* Profit Goal – $20,000
* Trailing Threshold – $7,500
* Price – $397/month

Tradovate Plan

The Tradovate Plan at Apex Trader Funding provides exceptional flexibility with compatibility across multiple platforms (TradingView, Tradovate, browser, mobile, Mac). It includes a Tradovate license, NinjaTrader Platform ($75 value), and real-time data ($55 value), plus no daily drawdown or scaling, enabling full contract use from anywhere.

$25K FULL

* Contracts – 4
* Profit Goal – $1,500
* Trailing Threshold – $1,500
* Price – $167/month

 $50K FULL

* Contracts – 10
* Profit Goal – $3,000
* Trailing Threshold – $2,500
* Price – $187/month

 $100K FULL

* Contracts – 14
* Profit Goal – $6,000
* Trailing Threshold – $3,000
* Price – $297/month

 $100K STATIC

* Contracts – 2(20 Micros)
* Profit Goal – $2,000
* Static Drawdown – $625
* Price – $157/month

 $150K FULL

* Contracts – 17 mini contracts
* Profit Goal – $9,000
* Trailing Threshold – $5,000
* Price – $397/month

 $250K FULL

* Contracts – 27
* Profit Goal – $15,000
* Trailing Threshold – $6,500
* Price – $397/month

 $300K FULL

* Contracts – 35 contracts
* Profit Goal – $20,000
* Trailing Threshold – $7,500
* Price – $397/month

Apex Trader Funding Review: Performance Account/Live Account Consistency Rules

Apex aims to fund consistent, disciplined traders for long-term partnerships. Violations can lead to denied payouts or account closure.

Account Types:
Evaluation Accounts: No consistency rules.
PA/Live Accounts: Strict consistency rules. PAs start as simulated accounts with live market data; consistent performance leads to live account transition.

Key Rules:
– Trailing Drawdown: Follows peak balance until the “Safety Net” (initial balance + drawdown limit + $100) is reached.
– Contract Scaling: Trade half contracts until the end-of-day balance exceeds the trailing threshold.
– 30% Negative P&L: Open trade loss cannot exceed 30% of the start-of-day profit balance (can adjust to 50% with growth).
– 30% Consistency (Windfall): No single day’s profit can exceed 30% of the total profit at payout (resets after payout, exceptions apply).
– 5:1 Risk-Reward Ratio: Stop loss should not exceed five times the profit target.
– Stop Losses Required: Every trade needs a stop loss, and mental stops are permitted.
– Max Contracts: Adhere to contract limits; no bypassing via combined instruments or micro contracts.
– Contract Size Consistency: Maintain consistent contract sizes reflecting a disciplined approach.
– Dollar Cost Averaging (DCA): Allowed if it doesn’t violate other consistency rules.
– Adding to Trades: Permitted as the market moves favorably, following a defined strategy.
– Safety Net Requirement: Applies to the first three payouts.
– Flipping Trades: Allowed with a $50 minimum profit per day for five days.
– One-Direction Rule: Only hold positions in one direction (long or short). No hedging.
– News Trading: Permitted, but no opposing positions on the same event.
– Automation: Prohibited on PA and Live accounts.
– Hedging and Correlated Instruments: No trading opposing directions on correlated instruments.
– Copy or Trading Services: Accounts must be traded exclusively by the listed individual.
– Defined System with Set Rules: Requires a systematic approach with clear guidelines.

Trading Arsenal: Platforms and Assets at Your Disposal

Apex Trader Funding offers traders a choice of three distinct trading platforms: WealthCharts, Rithmic, and Tradovate, each with its own set of features and benefits.
  • WealthCharts: This platform is known for its advanced charting capabilities and comprehensive market analysis tools. Offers a wide array of technical indicators, customizable charts, and real-time data feeds. Ideal for traders who rely heavily on technical analysis and visual data representation to make informed trading decisions. Its user-friendly interface makes it accessible to both novice and experienced traders.
  • Rithmic: A popular choice for professional traders, Rithmic provides robust order execution and low-latency connectivity. Direct access to exchanges, advanced order types, and a stable trading environment. Suited for high-frequency traders and those who require speed and precision in their trading operations. Its reliability and performance make it a trusted platform for serious traders.
  • Tradovate: A modern, cloud-based platform that offers a seamless trading experience across multiple devices. User-friendly interface, integrated order flow tools, and social trading capabilities. Perfect for traders who value flexibility and accessibility. Its mobile app allows traders to manage their accounts and execute trades from anywhere, while its social features enable collaboration and idea sharing with other traders.
The availability of these diverse platforms ensures that traders at Apex Trader Funding can select the one that best aligns with their individual trading style, preferences, and technological needs.

Apex Trader Funding Review: Tradeable Instruments

Apex Trader Funding Assets encompass a diverse range of instruments, enabling traders to specialize in specific markets or diversify their portfolios across different asset classes. These include:
  • Equity Futures: Contracts based on the future value of stock market indices, such as the E-mini S&P 500 (ES), E-mini Nasdaq 100 (NQ), and E-mini Dow Jones (YM).
  • Currency Futures: Agreements to exchange one currency for another at a specified future date, including popular pairs like the Euro/US Dollar (6E), British Pound/US Dollar (6B), and Japanese Yen/US Dollar (6J).
  • Agricultural Futures: Contracts based on agricultural commodities, allowing traders to speculate on or hedge against price movements in assets like Corn (ZC), Soybeans (ZS), and Wheat (ZW).
  • Energy Futures: Contracts tied to the price of energy commodities, such as Crude Oil (CL), Natural Gas (NG), and Heating Oil (HO).
  • Metal Futures: Agreements to buy or sell precious and industrial metals at a future date, including Gold (GC), Silver (SI), and Copper (HG).
  • Micro Futures: Smaller-sized versions of standard futures contracts, offering reduced risk and capital requirements. Examples include Micro E-mini S&P 500 (MES) and Micro E-mini Nasdaq 100 (MNQ).
  • Micro Bitcoin: A smaller contract representing a fraction of a Bitcoin, allowing traders to participate in the cryptocurrency market with less capital.
  • Micro Ethereum: A smaller contract representing a fraction of an Ethereum, providing a more accessible way to trade this popular cryptocurrency.
  • EUREX: Futures and options contracts traded on the European Exchange, including the Euro Bund (FGBL) and Euro Stoxx 50 (FESX).
This diverse selection enables traders to specialize in specific markets or diversify their portfolios across different asset classes.
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Clearing the Air: Is Apex Trader Funding Legal, Legit, and Safe?

One of the most important considerations when evaluating a prop firm is its legitimacy and safety. Traders need assurance that the firm operates legally, adheres to ethical business practices, and provides a secure environment for their trading activities.

The question “Is Apex Trader Funding Legal?” is paramount. Apex Trader Funding is legal, operating as a legitimate business entity.

“Apex Trader Funding is legit?” The firm has garnered a considerable reputation within the trading community. While due diligence is always advised, Apex Trader Funding’s business practices align with industry standards for prop firms.

“Apex Trader Funding is safe?” Trading always involves risk, and prop firms are no exception. While Apex Trader Funding provides a platform for trading, traders should be aware of the potential risks involved, such as market volatility and the possibility of losing access to their funded account if they violate the firm’s rules. Apex Trader Funding has measures in place to safeguard trader funds and ensure fair trading practices.

Weighing the Scales: Pros and Cons of Apex Trader Funding

Like any prop firm, Apex Trader Funding has its advantages and disadvantages. Weighing these pros and cons is essential for determining whether the platform aligns with your individual needs and preferences.

Pros:

  • Funding Opportunities: Access to substantial trading capital without risking personal funds.
  • Profit Splits: Attractive profit-sharing arrangements, allowing traders to keep a significant portion of their earnings.
  • Diverse Account Options: A range of account sizes and plans to suit different trading styles and risk appetites.
  • Multiple Trading Platforms: Choice of trading platforms to match individual preferences.
  • Wide Range of Tradable Assets: Access to various futures products, enabling portfolio diversification.

Cons:

  • Evaluation Process: The challenge can be demanding and may not be suitable for all traders.
  • Consistency Rules: Strict rules for PA/Live accounts can be challenging to adhere to.
  • Potential Risks: Trading always involves risk, and prop firms are no exception.

Final Verdict: Is Apex Trader Funding Right for You?

In conclusion, Apex Trader Funding offers a compelling opportunity for traders seeking to leverage their skills and access substantial funding. With its diverse account options, attractive profit splits, and a range of tradable assets, Apex Trader Funding presents a platform for potentially lucrative trading careers. However, the demanding evaluation process and strict consistency rules require discipline and skill.

Apex Trader Funding may be particularly suitable for:

– Experienced futures traders with a proven track record.
– Disciplined traders who can adhere to strict risk management rules.
– Traders seeking to scale their trading activities with substantial capital.

Before committing to Apex Trader Funding, it is crucial to conduct thorough research and due diligence. Read user reviews, assess the firm’s terms and conditions, and consider your own trading style and risk tolerance. By taking these steps, you can make an informed decision about whether Apex Trader Funding is the right prop firm for you.

Embark on your journey armed with knowledge. Delve deeper into Apex Trader Funding, explore their platform, and connect with fellow traders to glean insights. Your trading success hinges on informed decisions, so take the reins and steer your path wisely.

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