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Apex Trader Funding Overview

Apex Trader Funding
Apex Trader Funding
Apex Trader Funding
Apex Trader Funding
CEO:Darrell Martin
United StatesFlag of United States
Founded:2021
Trustpilot:4.4/5
Prop Score
79
Great
4.4
113 total reviews
5
57
4
42
3
11
2
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1
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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 Legacy $100K.

Profit Target

$6,000 profit target to pass the evaluation.

Maximum Drawdown

$3,000 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

7 trading days required.

Maximum Contracts

Maximum position size: 14 mini contracts or 140 micro contracts.

Subscription

Monthly subscription ($397/month). Your account rebills every 30 days until you pass.

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

$3,000 maximum drawdown. Trailing. Your maximum drawdown trails up in real-time as your balance increases. Once your balance reaches $103,100, the drawdown locks at $100,100 and no longer trails.

Daily Loss Limit

No daily loss limit.

Maximum Contracts

Maximum position size: 14 mini contracts or 140 micro contracts. Progressive scaling applies:
  • At $0 profit: 7 minis / 70 micros
  • At $3,100 profit: 14 minis / 140 micros

Consistency Rule

30% Consistency Rule. No single trading day's profit may exceed 30% of your total profit.

Minimum Trading Days

8 minimum trading days required on your funded account.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $50.

Maximum Accounts

Maximum 20 funded accounts per trader.

Inactivity Rule

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

Activation Fee

$149 one-time activation fee to start your funded account.

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.

30% Negative P&L Rule (MAE)

Open (unrealized) negative P&L may not exceed 30% of the start-of-day profit balance (based on the trailing threshold for new/low-profit accounts). Rises to 50% once the EOD profit balance doubles the safety net.

5:1 Risk-Reward Ratio

Stop loss may not exceed 5 times the profit target on any trade. Trading without a (mental) stop loss or using the trailing threshold as stop is prohibited.

Profit Split

Progressive profit split based on total profit withdrawn:

  • First $25,000 in profit: 100%
  • After $25,000 in profit: 90%

Payout Frequency

Payouts available every 8 days.

Payout Eligibility

Before requesting a payout: 5 profitable trading days required. A profitable day requires earning at least $50.

Winning Days Required

5 profitable trading days required for payout eligibility.

Minimum Balance

Your account balance must be at least $103,100 to request a payout.

Minimum Payout

$500 minimum per payout request.

Maximum Payout

Maximum payout increases over time:

  • Payout 1: $2,500
  • Payout 2: $2,500
  • Payout 3: $2,500
  • Payout 4: $2,500
  • Payout 5: $2,500

Buffer Requirement

Payouts cannot take the balance below $103,100, a $3,100 buffer above the starting balance.

Processing Time

Payouts are typically processed within 5-11 business days after approval.

Path to Live

Discretionary: consistent traders are contacted by Apex for a live transition. The 30% consistency rule stops after the 6th payout or on transfer to live.

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 113 community reviews on this platform
  • ✓92% discount currently available
  • ✓Payouts as fast as 5 trading days on EOD Trail No Activation Fee/Intraday Trail No Activation Fee/Intraday Trail/EOD Trail accounts
  • ✓News trading allowed

Weaknesses

  • ✗Intraday trailing drawdown on Intraday Trail No Activation Fee/Intraday Trail/Legacy 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
113 reviewsLeave a Review
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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.