Apex Trader Review

Proprietary (prop) trading firms are quite popular as they empower you to grow your trading knowledge and advance your trading strategy with resources you may not have been able to access. Founded in 2021, Apex Trader Funding has been designed to help traders in over 150 countries interested in futures grow.

Apex Trader (80% discount code: SAVENOW) Details:

Apex Trader currently has an 80% discount on all evaluations and a One Day to Pass offer.  If referred, you can also use your SAVE50 coupon code to get 50% off.

What is Apex Trader?

Apex Trading offers you funding ranging from $25,0000 to $300,0000 with 8 different trading plans. It is strictly focused on futures trading, allowing one to trade mini or micro-futures contracts. 

The firm has one of the quickest evaluation challenges, a 7-day qualification process with one step. This is done on simulated accounts with real-time data. It has no trading restrictions; you can trade on holidays, news, scalping, and hedging. 

Payouts are made twice a month and traders receive all the profits on their first $25,000 and 90% after that. If you join the referral program, you can earn 15% of the profits of the traders you refer. 

Who is it For?

You must have a foundational understanding of basic trading principles or use, a solid profitable trading strategy, or at least 6 months of trading experience to use Apex Trader Funding.

Who is the CEO of Apex Trader?

The CEO of Apex Trading is Darrell Martin. He has 20 years of experience in trading and developing trading tools that have shaped how traders engage with the market. He has also been a speaker at International Trade Expos. 

Funding Program Options

Apex has two main plans: Rithmic and Tradovate. They have similar account sizes ranging from $25,000 to $300,000 and a $100,000 static account. The contract size, profit target, and trailing threshold are also the same for both plans but vary among account sizes. The $100k Static account size in both plans includes a $625 drawdown. 

Account Sizes	Rithmic Monthly Fees	Tradovate Monthly Fees	Contract    Sizes	Profit Target	Trailing Threshold
$25,000	$147	$167	4 (40 micros)	$1,500	$1,500
$50,000	$167	$187	10 (100 Micros)	$3,000	$2,500
$75,000	$187	$207	12 (120 Micos)	$4,250	$2,750
$100,000	$207	$227	14 (140 micros)	$6,000	$3,000
Static $100,000	$137	$157	2 (20 Micros)	$2,000	$0.00
$150,000	$297	$317	17 (170 Micros)	$9,000	$5,000
$250,000	$517	$537	27 (270 Micros)	$15,000	$6,500
$300,000	$657	$677	35 (350 Micros)	$20,000	$7,500

What makes Apex Trader different?

Apex Trader Funding stands out for:

• Strict security measures to ensure your data is private. 
• A straightforward one-step evaluation process. 
• A 100% payout on the first $25k and a 90% payout after. 
• Up to $300,000 in funding or up to $6 million with multiple accounts. 

Is getting Apex Trader capital realistic?

Evaluations are done on a simulated account, assessing your performance based on profit consistency. You must:

• Hit the set profit target without hitting the trailing threshold.
• Meet the maximum number of contracts.
• Trade for at least seven days (they don’t have to be consecutive days). 

When you successfully pass the evaluation process, you receive a funded account within 7 days of your approval. 

Payment options ( Deposit and withdrawal) 

Apex Trader Funding makes a payout twice a month. 

• 1st-5th  request dates: Payout occurs on the 15th.
• 15th -20th request dates: Payout occurs on the 30th. 

Payments may take 3-7 business days to reach your bank account. All deposits are done via credit card and withdrawals are via bank transfers, bank cards, and electronic payment systems.

Payment Proof

Apex Trader Funding has a Trust Pilot rating of Apex Trader Funding 4.8 out of over 6,000 reviews, most of which are positive. The firm is praised for its evaluation process, responsive customer support team, and timely payouts.  

Which broker does Apex Trader use?

Apex Trader uses the following brokers:

• NinjaTrader 8 
• Tradovate
• Rithmic RTrader Pro

Trading Instruments

Apex Trader allows trading on:

• Currencies
• Stocks
• Interest rates
• Agricultural products
• Energies
• Metals
• Cryptocurrencies

Trading Fees

• A monthly fee of $85 for the Rithmic plan or $105 for Travodate.
• Lifetime account fees range from $147 to $657 for accounts in the Rithmic plan and $167 to $677 in the Tradovate plan.
• Unlimited resets of the evaluation account at $80 per reset for the Rithmic plan and $100 per reset for the Tradovate plan. 
• Commissions on trading activities during evaluation and funded accounts vary depending on the futures product and trading platform used. 

Education & Support 

Apex Trader’s website features a news section and free educational webinars. It has study courses for existing clients on the basics of trading, fundamental and technical analyses, as well as money management and trading psychology. 

Social Media Statistics

Apex Trader is active on its social media pages. You can find them on:

• X -12.9K followers
• Facebook -20.2K members
• Instagram -14.2K followers
• YouTube -15.5K subscribers

Support

• Apex Trader Funding has a detailed FAQ page where you can find most of the information on the platform. 
• A help desk with online ticketing. This takes 48 to 72 hours.
• A live chat with a customer service representative.

Verdict

If you are a futures enthusiast, Apex Trader Funding can help you succeed in your trading goals. You get access to a funded account within 7 days after completing the evaluation process. The funded accounts range from $25,000 to $300,000 and include a $100,000 static account. The profit split and twice-a-month payout structure are some of the best in the market. 

However, new traders may struggle on the platform as one must have some experience to pass the evaluation and succeed on the platform. 

FAQ

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