Research profile
Apex Trader Funding
Watch flags
US-based proprietary trading firm operated by Apex Trader Funding LLC. Watch flags: unverified regulation status, frequent complaints regarding payout denials, strict consistency rule changes, thin independent payout verification
Futures-focused funded trader program using NinjaTrader and Rithmic. Popular for low-cost evaluations and frequent discount promotions.
- Headquarters
- Austin, USA
- Founded
- 2008
- Funding model
- Evaluation Based
- Availability
- Not clearly stated
U.S. traders: Accepted — verify on the firm's own terms before purchasing.
Profile updated: August 29, 2026 · Primary source types reviewed: firm rules, FAQ and program pages · Research & methodology
May suit
traders focused on futures; traders comfortable with an evaluation phase; traders who want a published scaling path.
Consider alternatives if
you require exchange-traded equities, options.
Trader rating
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Overview
What this firm is and who it serves
Apex Trader Funding is one of the largest futures-only prop firms, built around the Rithmic and Tradovate platforms. It uses a single-phase evaluation, allows up to 20 active accounts per trader, and is known for aggressive promotional pricing and frequent payouts.
"Make futures funding accessible to retail traders with simple rules and fast payouts."
At a glance
Structured facts about this firm
- Firm Type
- Evaluation Based prop firm
- Market Focus
- Futures
- Trading Style
- News trading permitted, copy trading permitted
- Retail Accessibility
- Open to retail traders via evaluation
- Based in
- Austin, USA
- Trader availability
- Not clearly stated
- Known For
- One-step evaluation
- CEO
- Darrell Martin
- Team size
- 50–150
Funding programs
Account types and the path to capital
Evaluation
Intraday Trail
Source| Account | Fee | Target | Drawdown | Contracts |
|---|---|---|---|---|
| $25K | $167 | 6% | $1,000 | 4 mini / 40 micro |
| $50K | — | — | $2,000 | — |
| $100K | — | — | $3,000 | — |
| $150K | — | — | $4,000 | — |
- Profit split
- Up to 100%
- Payouts
- 5 Trading Days
- First payout
- 5 qualifying trading days
- Min trading days
- 1
- Platforms
- Rithmic, Tradovate, Wealthcharts
Trading rules
What's allowed, what isn't
Asset classes supported
Scaling rules
Stack up to 20 funded accounts; copy trade across all with Trade Copier.
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +Simple rules
- +Heavy discounts
- +Multi-account stacking
Trade-offs
- −Trailing drawdown can be tight
- −Futures only
Apex Trader Funding FAQs
Based on terms reviewed August 29, 2026
What should traders verify before choosing Apex Trader Funding?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with Apex Trader Funding before purchasing.
Does Apex Trader Funding offer evaluation and instant-funding options?+
Apex Trader Funding offers an evaluation (challenge) path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How do Apex Trader Funding's payouts and profit split work?+
The published profit split is up to 100% of net profits to the trader, depending on the program; payouts are processed on a bi-weekly (up to 2 per month, every 8 days) basis; first payout eligibility: 8 days after first PA trade, 5 winning days $50+. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.
How does Apex Trader Funding's scaling plan work?+
Apex Trader Funding publishes a scaling ceiling of up to $300,000 through scaling. Stack up to 20 funded accounts; copy trade across all with Trade Copier. A scaling ceiling is the maximum allocation reachable over time — not the size of an initial funded account.
What are Apex Trader Funding's main drawdown and trading restrictions?+
Based on the documented terms we reviewed: news trading is allowed, overnight holding is restricted, weekend holding is restricted, copy trading is permitted. Drawdown type and consistency requirements can vary by program, so check the rulebook for the exact program before purchase.
Which platforms and markets are available at Apex Trader Funding?+
Platforms: Rithmic, Tradovate, NinjaTrader, TradingView, Quantower. Markets: futures. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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