Apex Trader Funding futures prop firm review — Reliable futures prop firm
Apex Trader Funding prop firm is a futures prop firm that offers funded accounts ranging from 25k to 300k USD. Traders can choose between full and static accounts, and also select Tradovate accounts. The firm has very few rules and currently offers an 80% discount on funded challenges and 35-dollar price discounts on resets. Traders can only trade futures, but underlying assets are diverse.
In today’s Apex Trader Funding review, we will be assessing the firm’s most important features such as safety, rules, funded options, assets, platforms, pricing, support, and much more. After reading their review, you will define whether Apex Trader Funding can be trusted.
Overall
Apex Trader Funding prop trading firm offers funded challenges for futures trading. All accounts are live, NinjaTrader is the main platform, and funded options range from 25k to 300k USD. The minimum pricing starts from 137 USD per month and currently can be reduced by an 80% discount event, making it super cheap. The firm has very positive reviews from more than 10k reviews, indicating it is a safe firm. Traders can speculate on any futures that are listed on CME, COMEX, NYMEX, and CBOT. The current event allows traders to have a 35 USD discount on resets as well.
Pros & cons of Apex Trader Funding prop firm
Pros
- ✅ Offers live funded accounts, allowing traders to access real futures markets
- ✅ Provides high-profit splits of up to 90%, with a 100% profit split on the first 25,000 USD
- ✅ With access to diverse futures products listed on CME, COMEX, NYMEX, and CBOT, traders can speculate on various markets
- ✅ Currently, offers an 80% discount on funded accounts
- ✅ Supports advanced trading platform for futures, NinjaTrader
Cons
- 🚫 Only offers futures trading
- 🚫 There is no live chat support except for Discord
- 🚫 Withdrawal processing can take up to 7 business days
- 🚫 Lacks a free trial and does not offer a free repeat on failed challenges
Safety of Apex Trader Funding
The firm has no reviews on the FPA platform, which is a serious downside. On Trustpilot, Apex Trader Funding has 10,000 reviews; 87% is a 5-star rating, and 6% is a 1-star rating. This result on Trustpilot is impressive and indicates that the firm should be legit, with most prop traders evaluating its services as excellent.
When it comes to experience in its industry, Apex Trader Funding was launched in 2021, giving it years of experience in the prop trading industry. This is more than enough for the firm to be tested for its reliability.
Another important factor when evaluating the firm’s safety is whether its funded accounts are backed by regulated brokers to ensure the firm cannot manipulate prices or platforms. Apex Trader Funding allows its traders to only speculate on futures products listed on the CME, COMEX, NYMEX & CBOT. The firm seems reliable in this feature as well.
Overall, Apex Trader Funding is a reliable and legit futures prop trading firm, evaluated by most futures traders very positively.
Apex Trader Funding funding and maximum capital allocation
Apex Trader Funding funded programs allow traders to speculate on futures markets using a wide range of funding options, including 25k, 50k, 75k, 100k, 150k, 250k, and 300k Full and 100k static accounts. Traders can use this funding account to speculate on futures markets and withdraw profits, up to 90%, which is very attractive.
Apex Trader Funding funding options are diverse and allow both beginners and pro traders to find suitable trading capital options and start trading. The model is a one-step evaluation system where the trader has to hit the profit target once to start trading for profits on a live funded account.
Apex Trader Funding challenges are only offered in two modes: static and full.
Apex Trader Funding scaling plan is not available, and traders can only increase their funding by purchasing a higher amount of trading capital with monthly fees. Traders can trade on multiple funded accounts up to 20, making it possible to leverage capital way beyond the standard maximum ceiling.
Apex Trader Funding Assets
Apex Trader Funding prop trading is possible only through speculating on the futures asset class. However, many different underlying assets can be traded through futures on exchanges, such as CME, COMEX, NYMEX, and CBOT. There are digital currencies, currencies, equities, and many more that can be traded in the form of futures. So, despite only allowing one class of assets, traders can still speculate on diverse markets.
Overall, Apex Trader Funding only offers one asset class, futures, which is a drawback for the firm, but traders can speculate on many underlying markets using futures. As for the leverage, traders are limited to only the capital they have on their funded accounts.
Apex Trader Funding Trading rules and limitations
Apex Trader Funding rules are straightforward, traders have to reach a 6% profit target while maintaining risk control under predefined parameters. There are no daily drawdowns and traders are not disqualified if they go over the contract and open larger positions. Trading during holidays is allowed. News trading is allowed. Traders must close open trades and cancel pending ones before 4:59 PM ET.
There is a trailing threshold of 6%, meaning traders should not lose more than this amount overall, including open positions.
Apex Trader Funding Fees
Apex Trader Funding fees are monthly based. The smallest fee starts from 136 USD per month on 100,000 USD static accounts. The full accounts have different fees. Here is the list of all fees for Full funded accounts:
- Funded amount: 25k USD – monthly fee: 147 USD
- 50k USD – 167 USD per month
- 75k USD – 187 USD per month
- 100k USD – 207 USD per month
- 150k USD – 297 USD per month
- 250k USD – 517 USD per month
- 300k USD – 657 USD per month
Currently, there is a discount event going on, and traders can reduce monthly fees by 80% and 35 USD on resets.
Apex Trader Funding free trial is not offered at this moment, but the firm offers NinjaTrader license fee and live price feed for free, which is a huge advantage for futures traders. This means 75 USD and 55 USD monthly fee reductions, making Apex Trader Funding offerings very competitive in the realm of futures prop trading.
Apex Trader Funding free repeat is not available, and traders have to pay 80 USD to reset their funded challenge once they fail. Overall, Apex Trader Funding fees are super competitive and attractive, especially with ongoing 80% discounts on all of the firm’s challenges.
Apex Trader Funding Platforms
The firm only allows traders to use NinjaTrader 8. Traders are not allowed to use NinjaTrader 7, a little detail that every trader must know if they plan to use Apex Trader Funding challenges. NinjaTrader 8 is also available on mobile devices with Tradovate, and there is also a web version without Tradovate. NinjaTrader is a modern futures trading platform, popular among futures traders.
Apex Trader Funding Profit-Sharing
Apex Trader Funding profit split is set at 90% at all times for all funded options, which is toward the higher end for the prop industry. However, traders receive a 100% profit split for the first 25,000 USD withdrawals, and it is set to 90% after that. This is an incredibly attractive offering from the firm. Payouts happen on every 15th and 30th day of the month, and traders need to request before that day. Withdrawal processing takes between 3-7 business days, which is a lengthy process.
Overall, the profit share and withdrawal policies are competitive at Apex Trader Funding, but withdrawal processing will take some time. The firm is attractive for traders who can withdraw once or twice per month, for traders who want to withdraw faster the firm might not be suitable.
Education and trading tools at Apex Trader Funding
The firm offers educational resources, but there are no webinars, trading courses, or video tutorials. However, there are many tools offered to help traders succeed. There are trade copiers and other tools. Apex Trader Funding’s 30-day program teaches traders futures trading basics and helps them with various useful tools. Traders can access this section from the main menu from the Tools.
Customer Support at Apex Trader Funding
There is a dedicated help desk for customer support. There is no live chat offered at the moment, which is a big downside of Apex Trader Funding. From the help center, traders can use the online form to get email support. There is also a FAQs section where it is easy to find any information regarding challenges. The firm is available on Discord. Both the website and support are only provided in the English language.