Apex Trader Funding offers futures traders access to funded accounts ranging from $25,000 to $300,000. With a 4.5 TrustScore from over 13,400 reviews, it’s ranked as the 6th most popular prop firm. Here’s what you need to know:
Key Points:
- Account Options: Tradovate (starting at $137/month) and Rithmic (starting at $277/month with platform/data fees).
- Profit Sharing: Keep 100% of profits up to $25,000; 90% beyond that.
- Markets: Access 46 futures markets, including currencies, equities, agriculture, metals, and crypto.
- Payouts: Processed every 8 trading days, typically arriving within 3–4 business days.
- Costs: Monthly fees, activation fees, and commissions range from $137 to $787+ depending on account type and platform.
Pros:
- Multiple account types for different trading levels.
- High-speed execution with NinjaTrader and Rithmic.
- Flexible profit-sharing model.
Cons:
- High monthly fees and additional platform costs.
- Limited educational resources.
Quick Comparison:
| Feature | Tradovate Accounts | Rithmic Accounts |
|---|---|---|
| Monthly Fees | $137–$250 | $277–$787 (incl. platform) |
| Markets | 46 futures markets | 46 futures markets |
| Platforms | TradingView, Tradovate | NinjaTrader, Rithmic |
| Profit Sharing | 100% up to $25K, 90% above | 100% up to $25K, 90% above |
If you’re a futures trader willing to manage costs and meet specific trading rules, Apex Trader Funding could be a good fit.
APEX TRADER FUNDING REVIEW (with Payout Process)
Account Types and Costs
Apex Trader Funding provides accounts through two platforms – Tradovate and Rithmic – each with its own pricing and trading options.
Tradovate Accounts
Tradovate accounts come with access to TradingView, Tradovate’s native platform, mobile trading, and compatibility with Mac. Monthly fees for larger accounts are as follows:
| Account Size | Monthly Fee | Profit Target | Contract Limit |
|---|---|---|---|
| $25,000 | $147 | $1,500 | 4 micros |
| $50,000 | $167 | $3,000 | 10 micros |
| $100,000 | $207 | $6,000 | 14 micros |
| $300,000 | $250 | $20,000 | 35 micros |
There’s also a $100K Static account available for $137 per month. It features a $2,000 profit target and a 2-contract limit.
Rithmic Accounts
Rithmic accounts include access to the NinjaTrader platform (for $75) and market data (for $55). These additional services are reflected in the total costs:
| Account Size | Monthly Fee | Total Cost* | Profit Target |
|---|---|---|---|
| $25,000 | $147 | $277 | $1,500 |
| $100,000 | $207 | $337 | $6,000 |
| $250,000 | $517 | $647 | $15,000 |
| $300,000 | $657 | $787 | $20,000 |
*Total Cost includes platform and data fees.
Additional Costs to Consider
In addition to monthly fees, traders should account for the following:
- Activation Fees:
- Rithmic: $85 per month or $130–$340 for lifetime access
- Tradovate: $105 per month or $150–$360 for lifetime access
- Commission Rates:
- Tradovate: $1.55 per side ($3.10 round turn) for equity futures
- Rithmic: $1.99 per side ($3.98 round turn) for E-mini futures
- Advanced Data: CME Bundle Level 2 data costs $41 per month plus a $2 processing fee.
For those who need dependable execution, QuantVPS’s VPS Pro plan is available at $99 per month. It offers 6 cores, 16GB of RAM, and supports up to 2 monitors – perfect for running 3–5 charts simultaneously with smooth performance.
Next, we’ll dive into the platforms’ technical features and functionalities.
Platform Support and Technical Features
Apex Trader Funding goes beyond account options and fee structures by offering platform support designed to meet diverse trading needs.
Tradovate Platform Features
Tradovate can be accessed through TradingView on various devices, including web, iOS, Android, Mac, and Windows. Key features include:
- Direct market access across 46 futures markets
- Multiple timeframes and technical indicators
- Real-time data feeds for accurate trading insights
Rithmic Platform Capabilities
Rithmic, on the other hand, is tailored for traders who prioritize speed and precision. It integrates seamlessly with NinjaTrader 8 and offers:
- A free NinjaTrader license with full platform access
- Advanced charting and technical analysis tools
- Direct market connectivity for rapid execution
- Support for custom trading algorithms
Technical Requirements and Performance
To fully utilize these platforms, traders need specific hardware setups based on their trading activity:
| Trading Activity | Recommended Configuration | Supported Charts |
|---|---|---|
| Light Trading | 4 cores, 8GB RAM | 1-2 charts |
| Regular Trading | 6 cores, 16GB RAM | 3-5 charts |
| Heavy Trading | 24 cores, 64GB RAM | 5-7 charts |
Market Coverage
Each platform offers tools to enhance trading across futures markets, such as:
- Real-time market depth visualization for better decision-making
- Customizable order execution interfaces
- Multi-market trading capabilities for flexibility
- Advanced tools for managing risk effectively
Platform Rules and Guidelines
Using these platforms requires adherence to specific trading rules, including:
- Maximum Drawdown: Varies by account size
- Trailing Threshold: Ranges from $1,500 to $7,500
- Contract Limits: From 4 to 35 micros, depending on account type
- Trading Hours: Includes both regular and extended market hours
The reliability of these platforms is reflected in their TrustScore of 4.5 out of 5 stars, based on over 13,400 reviews [1]. This highlights consistent performance and strong user satisfaction.
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Profit Structure and Performance
Apex Trader Funding combines user-friendly account features with reliable technical systems to create a profit-sharing model that rewards traders while enforcing risk controls. The program uses a simple tiered structure to distribute profits effectively.
Profit Distribution Model
The profit-sharing system is based on two clear tiers:
| Profit Range | Trader’s Share | Payout Cycle |
|---|---|---|
| Up to $25,000 | 100% | Every 8 trading days |
| Above $25,000 | 90% | Every 8 trading days |
Payout Process and Requirements
Payouts are processed within 3–4 business days after approval. The exact timing depends on your bank’s processing speed. To stay eligible for payouts, traders must maintain minimum balances while continuing to trade.
Risk Controls
For the first three payouts, traders are required to maintain a minimum account balance. This measure helps manage drawdowns and ensures account stability.
Performance Metrics
Apex Trader Funding has built a strong reputation for reliability, supported by positive reviews and consistent performance:
"Apex Trader Funding does offer payouts to funded traders. Traders can retain 100% of their profits up to $25,000 and 90% of profits beyond this amount. Payouts are processed every eight trading days, and funds typically arrive within 3–4 business days post-approval." – PropFirms.com [1]
This trust is reflected in a 4.5 out of 5-star TrustPilot rating, based on over 13,400 reviews [1]. Users frequently highlight:
- Fast Payouts: Quick and efficient profit withdrawals
- Supportive Customer Service: Helpful responses during payout requests
Trading Continuation Guidelines
To avoid payout issues, ensure your account balance stays above the required threshold during the payout process. If the balance drops below the limit, payouts may be denied, though trading can still continue.
This profit-sharing model aligns with Apex Trader Funding’s goal of promoting consistent and sustainable trading success.
Key Benefits and Limitations
Here’s a breakdown of the key strengths and challenges that set Apex Trader Funding apart.
Platform Advantages
- Multiple Platform Options
Users can choose between Tradovate, which offers web, mobile, and desktop trading with TradingView integration, or Rithmic, known for high-speed execution via NinjaTrader 8 and premium data feeds. - Broad Market Access
Trade across 46 futures markets spanning various sectors, with support for both regular and extended trading hours. - Clear Profit Sharing
Traders keep 100% of profits up to $25,000 and 90% of profits beyond that. Payouts are processed every 8 trading days.
Notable Limitations
- Costs to Consider
Monthly account fees range from $137 to $657, with platform activation fees (one-time or monthly) and possible additional data feed costs. - Operational Rules
Traders must meet requirements like a minimum of seven trading days for evaluation, no fully automated trading systems, consistent contract sizes, and trailing drawdown thresholds.
Performance Metrics
Apex Trader Funding has earned high user ratings and visibility:
- A 4.5/5 TrustScore from over 13,400 reviews [1].
- Ranked as the 6th most searched prop firm, with 135,000 monthly Google searches [1].
Account Structure Comparison
| Feature | Basic Accounts | Advanced Accounts |
|---|---|---|
| Starting Capital | $25K – $100K | $150K – $300K |
| Monthly Cost | $137 – $207 | $250 – $657 |
| Profit Target | $1,500 – $6,000 | $9,000 – $20,000 |
| Platform Support | TradingView, Mobile, Web | NinjaTrader, Advanced Tools |
| Data Feeds | Standard | Premium with Level 2 |
This tiered account structure helps traders choose the right program based on their skill level and goals, while maintaining professional standards and effective risk management.
Summary and Recommendations
Apex Trader Funding provides a range of features tailored to futures traders. Based on the platform’s capabilities and performance metrics, here are suggestions for who might benefit most and which accounts suit specific trading needs.
Best Fit for These Traders
Experienced Futures Traders
- Managing accounts in the range of $25,000 to $300,000
- Comfortable with monthly fees from $137 to $657
- Looking for 100% profit retention on the first $25,000
Platform Enthusiasts
- NinjaTrader users who value Rithmic’s fast execution
- Traders who need access across web, desktop, and mobile devices
Account Suggestions for Different Trader Levels
For New Futures Traders
The 100K Static account ($137/month) is a solid starting point, offering:
- A limit of 2 micro contracts
- No trailing drawdown
- A $2,000 profit target
For Advanced Traders
The 150K–300K Full accounts are ideal for those who:
- Trade larger positions (17–35 contracts)
- Require advanced platform functionality
- Are prepared for higher monthly fees ($250–$657)
Matching Accounts to Trading Styles
| Trading Style | Suggested Account | Key Features |
|---|---|---|
| Day Trading | Tradovate Accounts | Multi-device access, TradingView integration |
| Scalping | Rithmic Accounts | Fast execution speeds, Level 2 data |
| Swing Trading | Static Accounts | No trailing drawdown, flexible timing |
With a TrustScore of 4.5/5 from over 13,400 reviews [1], Apex Trader Funding has demonstrated reliability, particularly for futures traders navigating its 46 available instruments.
FAQs
What’s the main difference between Tradovate and Rithmic accounts in the Apex Trader Funding program?
The primary difference between Tradovate and Rithmic accounts lies in the trading platforms they support. Tradovate accounts are ideal for traders seeking a user-friendly experience with access across web, mobile, and desktop platforms. They also offer seamless integration with TradingView, making it a great choice for those who prefer advanced charting tools.
On the other hand, Rithmic accounts are designed for traders who prioritize high-speed data, low-latency execution, and robust performance. This makes them better suited for professional traders or those with strategies that depend on precise, real-time data.
How does the Apex Trader Funding profit-sharing model work, and what do I need to qualify for payouts?
Apex Trader Funding allows traders to keep 100% of the first $25,000 in profits. For amounts beyond that, traders receive 75% to 95% of the profits, depending on their account and performance.
To qualify for payouts, you must pass a one-step evaluation by reaching a specific profit target over a minimum of seven trading days while following strict risk management rules. Profit targets vary based on account size, starting at $1,500 for smaller accounts. Be sure to meet all requirements to ensure eligibility for withdrawals.
What costs and fees should traders be aware of when using Apex Trader Funding accounts?
Traders should be mindful of the monthly fees associated with Apex Trader Funding accounts, which can range from $167 to $687, depending on the account type and features. These costs can add up over time, especially for traders who are still developing their strategies.
It’s important to evaluate whether the potential benefits of the program align with your trading goals and budget. Always factor in these fees when calculating your overall trading expenses to ensure financial viability.
