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Apex Trader Funding
Apex Trader Funding
Apex Trader Funding

Apex Trader Funding Overview

CEO:Darrell Martin
United StatesFlag of United States
Founded:2021
Trustpilot:4.4/5
Prop Score
79
Great
4.4
114 total reviews
5
58
4
42
3
11
2
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1
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New OFFER
90% OFF

90% off all plans & accounts

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Broker
NinjaTrader
NinjaTrader
Payment Options
Credit Card
Credit Card
Payout Methods
Plane
Plane
ACH
ACH

Account Size

Account Type

Drawdown Type

Trailing

Max Allocation

$3,000,000

Showing rules specific to Apex Trader Funding Intraday Trail No Activation Fee $25K.

Profit Target

$1,500 profit target to pass the evaluation.

Maximum Drawdown

$1,000 maximum drawdown. Trailing. Your maximum drawdown trails up in real-time as your balance increases.

Daily Loss Limit

No daily loss limit.

Consistency Rule

No consistency rule. You can pass in as few trading days as you like.

Minimum Trading Days

1 trading day required.

Time Limit

30 days to complete the evaluation.

Maximum Contracts

Maximum position size: 4 mini contracts or 40 micro contracts.

Subscription

One-time payment. No recurring charges.

Trading Rules

  • News trading is permitted. You may hold trades through news events.
  • Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
  • Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
  • Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
  • Holding mini and micro contracts at the same time is allowed.
  • Copy trading is permitted. You may copy trades between your own accounts.
  • Automated trading is not permitted. Manual trading only.

Maximum Drawdown

$1,000 maximum drawdown. Trailing. Your maximum drawdown trails up in real-time as your balance increases. Once your balance reaches $26,100, the drawdown locks at $25,100 and no longer trails.

Daily Loss Limit

$500 daily loss limit. If your daily loss limit is hit, trading is stopped for the day but your account is not failed. You can resume trading the next day.

Maximum Contracts

Maximum position size: 2 mini contracts or 20 micro contracts. Progressive scaling applies:
  • At $0 profit: 1 minis / 10 micros — $500 daily loss limit
  • At $1,000 profit: 2 minis / 20 micros — $500 daily loss limit
  • At $2,000 profit: 2 minis / 20 micros — $1,250 daily loss limit

Consistency Rule

50% Consistency Rule. No single trading day's profit may exceed 50% of your total profit.

Minimum Trading Days

No explicit minimum, but the 50% consistency rule means you'll need at least 2 trading days.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $100.

Maximum Accounts

Maximum 20 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

No resets available. If you breach, you must purchase a new account.

Trading Rules

  • News trading is permitted. You may hold trades through news events.
  • Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
  • Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
  • Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
  • Holding mini and micro contracts at the same time is allowed.
  • Copy trading is permitted. You may copy trades between your own accounts.
  • Automated trading is not permitted. Manual trading only.

Profit Split

You keep 100% of your trading profits.

Payout Frequency

weekly (up to; after 5 qualifying trading days)

Profit Goal

$1,600 profit required before requesting a payout.

Payout Eligibility

Before requesting a payout: 5 profitable trading days required. A profitable day requires earning at least $100.

Winning Days Required

5 profitable trading days required for payout eligibility.

Minimum Balance

Your account balance must be at least $26,600 to request a payout.

Minimum Payout

$500 minimum per payout request.

Maximum Payout

$1,000 maximum per payout.

Buffer Requirement

Payouts cannot take the balance below $26,100, a $1,100 buffer above the starting balance.

Processing Time

Payouts are typically processed within 5–11 business days total (review within 2 business days) after approval.

Path to Live

After 6 successful payouts, you qualify for a live funded account. You start with $0 in the live account and build from there. Live account starts at $0 with a $3,000 end-of-day drawdown that locks at +$100 once $3,100 profit is reached.

Apex Trader Funding Compatible Tools (1)

Tools that support the same trading platforms

The Bottom Line

Last updated October 2026

Apex Trader Funding has been operating since 2021 and is one of the most established futures prop firms available. They offer two account types across four sizes ($25K to $150K), with one-time evaluation fees that drop to as little as $20 with code LAB. The profit split starts at 100%, payouts are available every 5 trading days, and you can run up to 20 funded accounts at once. The biggest decision at signup is choosing between EOD Trail and Intraday Trail drawdown. That choice is permanent for the evaluation you purchase, and the two models behave very differently in practice. The rules were also significantly overhauled in March 2026, so anything you have read before that date is likely out of date.

Strengths

  • ✓Up to 100% profit split (100% of the first $25,000 paid out per account, 90% after that.)
  • ✓Operating since 2021 (5 years)
  • ✓Rated 4.4 on Trustpilot with 114 community reviews on this platform
  • ✓90% discount currently available
  • ✓Payouts as fast as 5 trading days on Intraday Trail/Intraday Trail No Activation Fee/EOD Trail No Activation Fee/EOD Trail accounts
  • ✓News trading allowed

Weaknesses

  • ✗Intraday trailing drawdown on Legacy/Intraday Trail/Intraday Trail No Activation Fee funded accounts, which tracks unrealised gains in real time (EOD Trail No Activation Fee/EOD Trail use EOD trailing)
  • ✗Larger challenge accounts go up to $2490
  • ✗Consistency rule applies across all account types when funded (as tight as 30%), limiting how much profit can come from a single trading day

Who Should Choose Apex Trader Funding?

Traders who want to keep the maximum share of profits (up to 100% split)Traders who want payout limits that increase over timeActive traders who want frequent payouts (every 5 trading days)Traders who want to scale through multiple accounts (up to 20 simultaneous)
4.4
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Apex Trader Funding
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Apex Trader Funding FAQs

Yes. Apex Trader Funding is a legitimate futures prop firm that has been operating since 2021 and has paid out over $700 million to traders worldwide. They hold a 4.4 out of 5 rating on Trustpilot based on thousands of verified reviews.

The firm is US-based, founded by Darrell Martin, and is one of the most widely used futures prop firms in the space.

As with any prop firm, it is worth reading trader feedback before committing. You can see verified community reviews on our Apex Trader Funding reviews page. If you are new to how prop firms work, our guide on understanding the basics of futures prop trading covers what to look for before signing up.

There is no minimum trading day requirement, so you can pass the evaluation in a single day if you hit the profit target. You then have up to 7 days to pay the activation fee before your Performance Account goes live. The evaluation window is 30 days from purchase with no extensions. See current evaluation pricing on our Apex Trader Funding discount codes page. If you want a firm with no activation fee after passing, see Lucid Trading.

The 50% consistency rule applies only to the funded Performance Account, not during the evaluation. No single trading day can account for 50% or more of your total profit since your last payout. If it does, the payout option will not appear until the percentage drops below that threshold. For firms without this rule, see our guide on no consistency rule futures prop firms.

Yes, up to 20 funded accounts simultaneously. This is among the highest limits of any futures prop firm. Copy trading between your own accounts is permitted; automated trading is not.

Apex rebuilt its entire product line on March 1, 2026. Monthly subscription fees were replaced with one-time payments, and several restrictive rules were removed, including the MAE rule, the 5:1 risk-reward restriction, and the old 30% consistency rule. Traders now choose between EOD and Intraday trailing drawdown at purchase.

Legacy accounts bought before March 2026 still run under the old rules. For more on how trailing drawdown works, see our guide on trailing drawdown futures prop firms.