Apex Trader Funding
QuantTower
NinjaTrader
Tradovate
TradingView
ATAS
Sierra Charts
WealthCharts
MotiveWave
Rithmic
Tradovate
Plane
Wire
ACH
Crypto
| Date | Trader Score |
|---|---|
| 2026-06-17 | 8.00 |
| 2026-06-16 | 9.10 |
| 2026-06-15 | 7.70 |
| 2026-06-14 | 7.50 |
| 2026-06-13 | 8.90 |
| 2026-06-12 | 7.30 |
| 2026-06-11 | 8.20 |
| 2026-06-10 | 7.90 |
Last updated: June 17, 2026
Apex Trader Funding Review: Rules, Accounts, Payouts, Discounts & Trader Details
Apex Trader Funding is a futures prop trading firm offering simulated evaluation accounts with a path to Performance Accounts and potential live trading. The current Apex product lineup focuses on new EOD Drawdown and Intraday Trailing Drawdown evaluations, with one-time evaluation fees, no recurring billing on new evaluations, up to 20 active Performance Accounts, and 100% approved simulated payouts.
Quick verdict: Apex Trader Funding is best for futures traders who want fast one-step evaluations, a choice between EOD and intraday trailing drawdown, frequent payout eligibility, and the ability to scale across multiple accounts. The key decision is whether the EOD model or Intraday Trailing model fits your trading style, because the drawdown behavior and daily loss rules are different.
Apex Trader Funding Quick Facts
| Category | Details |
|---|---|
| Firm Name | Apex Trader Funding |
| Website | apextraderfunding.com |
| Help Center | Apex Trader Funding Help Center |
| Service Provider | Apex Trader Funding Inc. |
| Business Address | 2028 E. Ben White Blvd Ste 240-9873, Austin, TX 78741 |
| Support Email | Support is handled through the Apex Help Desk |
| Markets | CME, CBOT, NYMEX, COMEX, micro futures, and selected EUREX products |
| Trading Environment | Simulated trading environment, with potential live trading invitation |
| Minimum Age | 18+ |
| Max Funded Accounts | Up to 20 active Performance Accounts across Rithmic, Tradovate, and WealthCharts |
Apex Trader Funding Account Types
Apex Trader Funding currently offers two main new evaluation paths: EOD Drawdown and Intraday Trailing Drawdown. Each path is available in $25K, $50K, $100K, and $150K account sizes.
Apex also offers versions with a PA activation fee and no-activation-fee versions. Legacy accounts still exist for traders who already had them, but they are no longer the main account structure for new purchases.
Apex Trader Funding Account Comparison
| Account Type | Account Sizes | Profit Target | Drawdown | Daily Loss Limit | Consistency | PA Activation Fee | Listed Sale Price |
|---|---|---|---|---|---|---|---|
| EOD Drawdown | $25K, $50K, $100K, $150K | $1,500 / $3,000 / $6,000 / $9,000 | $1,000 / $2,000 / $3,000 / $4,000 EOD | $500 / $1,000 / $1,500 / $2,000 | None in evaluation; 50% in PA | $89 / $99 / $119 / $149 | $39 / $45 / $59 / $109 |
| EOD Drawdown - No Activation Fee | $25K, $50K, $100K, $150K | $1,500 / $3,000 / $6,000 / $9,000 | $1,000 / $2,000 / $3,000 / $4,000 EOD | $500 / $1,000 / $1,500 / $2,000 | None in evaluation; 50% in PA | $0 | $89 / $109 / $139 / $229 |
| Intraday Trailing Drawdown | $25K, $50K, $100K, $150K | $1,500 / $3,000 / $6,000 / $9,000 | $1,000 / $2,000 / $3,000 / $4,000 intraday trailing | None in evaluation | None in evaluation; 50% in PA | $69 / $79 / $99 / $129 | $19.90 / $24.90 / $39.90 / $59.90 |
| Intraday Trailing Drawdown - No Activation Fee | $25K, $50K, $100K, $150K | $1,500 / $3,000 / $6,000 / $9,000 | $1,000 / $2,000 / $3,000 / $4,000 intraday trailing | None in evaluation | None in evaluation; 50% in PA | $0 | $69 / $79 / $109 / $169 |
Apex Trader Funding Rules Explained
EOD Drawdown
Apex EOD Drawdown accounts calculate the drawdown once per trading day at market close. The threshold is then enforced during the following trading session. This gives traders more room than an intraday trailing model because open intraday profits do not instantly raise the drawdown level.
Daily Loss Limit
EOD evaluations include a fixed Daily Loss Limit of $500, $1,000, $1,500, or $2,000 depending on account size. Hitting the Daily Loss Limit pauses trading for the rest of the session but does not fail the evaluation. Intraday Trailing evaluations do not have a Daily Loss Limit during the evaluation stage.
Consistency Rule
Apex does not apply a consistency rule during the EOD or Intraday evaluation stage. Performance Accounts apply a 50% consistency rule, meaning no single profitable day may account for 50% or more of the total profit since the last approved payout.
Max Contracts
Evaluation max contracts are 4, 6, 8, and 12 minis across the $25K, $50K, $100K, and $150K accounts. Micro contracts count at a 10:1 ratio, so those limits equal 40, 60, 80, and 120 micros. Performance Accounts use tier-based scaling, so traders start lower and scale up as the account grows.
News Trading
Apex's current EOD and Intraday evaluation rules focus on drawdown, Daily Loss Limit, hedging, prohibited activity, and account conduct. Traders may trade during normal futures market conditions, but all positions and strategies must follow Apex's risk and conduct rules.
Payout Rules
Apex Performance Accounts offer up to weekly payout eligibility with a 100% payout split on approved simulated payouts. Each PA must complete at least 5 qualifying trading days before a payout request. The minimum payout amount is $500.
EOD Performance Accounts require minimum daily profits of $100, $250, $300, and $350 for the $25K, $50K, $100K, and $150K accounts. Intraday Performance Accounts require minimum daily profits of $100, $200, $250, and $300. A 50% consistency rule applies to PA payout eligibility.
Each Performance Account can receive up to 6 approved payouts. EOD payout caps range from $1,000 to $5,000 depending on account size and payout number. Intraday payout caps also scale by account size and payout number, with the largest listed cap reaching $5,000 on the sixth $150K Intraday PA payout.
Platforms & Data
Apex Trader Funding supports several futures trading platforms. The main platform paths are Rithmic, Tradovate, and WealthCharts, with additional platform access depending on the chosen connection and account setup.
Listed Platforms
- Rithmic
- Tradovate
- WealthCharts
- NinjaTrader through supported connections
- TradingView through Tradovate integration
Platform Notes
- Rithmic, Tradovate, and WealthCharts accounts are separate setups.
- Platform conversion is not available after purchase.
- Level 1 data is included; optional market depth or add-on data may cost extra.
Fees, Resets & Refund Policy
New Apex evaluations are one-time purchases with 30 calendar days of access. They are not monthly subscriptions and do not auto-renew. If a new evaluation fails or expires, there are no resets; the trader must purchase a new evaluation.
PA activation fees depend on account type and whether the no-activation-fee version was selected. Apex's refund policy states that purchases, optional add-ons, PA activation fees, data fees, and incorrect plan selections are generally non-refundable.
| Fee Type | Apex Trader Funding Policy / Details |
|---|---|
| Evaluation Access | One-time fee for 30 calendar days on new evaluations |
| Recurring Billing | No recurring billing on new evaluations |
| PA Activation Fee | $0 to $149 depending on account type and pricing path |
| Reset Fee | No reset option on new evaluations; failed or expired accounts require a new purchase |
| Refunds | Generally non-refundable for purchases, PA activation fees, data fees, and add-ons |
| Data / Add-On Fees | Level 1 data is included; optional DOM, platform add-ons, or exchange data may cost extra |
Apex Trader Funding Discount Code
Apex Trader Funding currently advertises a major evaluation discount on its website.
| Promotion | Details |
|---|---|
| Current Coupon Code | SAVENOW |
| Coupon Offer | Advertised as up to 90% off any size evaluations |
| Applies To | New evaluation signups during the promotional period |
| Does Not Apply To | Past purchases, existing billings, resets, or PA activation fees |
| Best Practice | Use the advertised code during checkout and verify the final discounted evaluation price before purchasing |
Pros & Cons
Pros
- Two current drawdown choices: EOD and Intraday Trailing
- No consistency rule during evaluations
- Evaluations can be passed in one day if the target is reached
- New evaluations are one-time purchases with no recurring billing
- Up to 20 active Performance Accounts
- 100% payout split on approved Performance Account payouts
Cons
- Rules differ meaningfully between EOD and Intraday accounts
- Performance Accounts use 50% consistency and tier-based scaling
- Each PA has a maximum of 6 approved payouts before the cycle ends
- No reset option on new evaluations
- Platform choice cannot be changed after purchase
- Refund policy is strict for wrong plan selections and add-ons
Who Apex Trader Funding Is Best For
- Futures traders who want a one-step evaluation
- Traders who want to choose between EOD drawdown and intraday trailing drawdown
- Traders who want no evaluation-stage consistency rule
- Traders who want frequent payout eligibility after qualifying days
- Traders who want to scale across multiple Performance Accounts
Who Apex Trader Funding May Not Be Ideal For
- Traders who want unlimited payouts from a single PA
- Traders who dislike 50% PA consistency rules
- Traders who want to reset a failed new evaluation instead of buying a new one
- Traders who need to switch platforms after purchase
- Traders who want a flexible refund policy for mistaken purchases
Apex Trader Funding FAQ
Is Apex Trader Funding a futures prop firm?
Yes. Apex Trader Funding is a futures prop trading firm offering simulated evaluation accounts, Performance Accounts, and a potential path to live trading.
Does Apex Trader Funding use real money accounts?
Apex evaluations and Performance Accounts are simulated. Apex also has a live trading program that selected traders may be invited into after meeting the firm's requirements.
What is the cheapest Apex Trader Funding account?
The cheapest listed sale price is the $25K Intraday Trailing Drawdown evaluation at $19.90 with the current advertised 90% promotion, before any PA activation fee.
Does Apex Trader Funding have an activation fee?
Some accounts have a PA activation fee after passing, while no-activation-fee versions are also listed. Activation fees range from $0 to $149 depending on the account type and size.
What is the Apex Trader Funding discount code?
Apex currently advertises coupon code SAVENOW for up to 90% off any size evaluations.
Does Apex Trader Funding allow news trading?
Apex's current evaluation rules do not center on a blanket news ban. Traders must still follow all prohibited activity, conduct, hedging, and risk-management rules.
What platforms does Apex Trader Funding support?
Apex lists Rithmic, Tradovate, and WealthCharts as main platform paths, with NinjaTrader and TradingView access available through supported connections.
How does Apex Trader Funding pay traders?
Apex pays U.S. users by ACH and international users through Plane. Approved payout requests are reviewed by Apex, then sent to the payment provider for processing.
Final Verdict
Apex Trader Funding remains one of the biggest names in futures prop trading, and its current account structure is much cleaner than the older legacy setup. The new EOD and Intraday evaluation paths give traders a clear choice between end-of-day drawdown and real-time intraday trailing drawdown, with no evaluation consistency rule, one-time evaluation pricing, and the ability to pass in as little as one trading day.
The main thing to understand before buying is that the evaluation stage is only half the rule set. Performance Accounts add 50% consistency, tier-based scaling, payout caps, safety-net requirements, and a 6-payout cycle. For traders who understand those PA rules and choose the right drawdown model, Apex Trader Funding is still one of the most competitive futures prop firms to compare.