Apex Trader Funding
USA · Est. 2021
Apex Trader Funding is an Austin, Texas futures prop firm (est. 2021) and one of the highest-search US retail futures evaluation brands. Following the March 2026 “All New Apex” restructure, the product narrative centers on an EOD (end-of-day) drawdown model: no intraday trailing drawdown in that framing, no MAE rule, no old 5/1 risk/reward rule, tier-based scaling on Performance Accounts (PA), and a 50% consistency rule on funded PAs. EOD evaluations commonly have no minimum trading-day requirement, so traders can pass once the profit target is hit while respecting risk rules — speed is allowed; oversizing is still fatal. Catalog sizes include $25K ($1,500 target / $1,000 drawdown, DLL $500, 4 contracts), $50K ($3,000 / $2,000, DLL $1,000, 6 contracts), $100K ($6,000 / $3,000, DLL $1,500, 8 contracts), and $150K ($9,000 / $4,000, DLL $2,000, 12 contracts). List evaluation fees are high before promos ($299–$799 class) with activation fees on PA (~$109–$159); deep public/affiliate codes (e.g. PROFIT at steep % off) are central to real economics — always compute discounted eval + activation. Payout policy highlights: weekly after qualifying trading days, methods ACH/wire/PayPal, minimums around $500, and marketing of up to 100% profit share for a limited number of payouts per PA (commonly max six payouts per PA then close and re-qualify). PA consistency: no single day ≥50% of total profits used for the payout cycle. Platforms: NinjaTrader, Tradovate, TradingView, WealthCharts, Rithmic feeds with licenses often included by connection type. Who it is for: rule-literate day traders optimizing cost-per-attempt under promo cycles, comfortable with PA consistency and limited payout counts per account. Who it is not for: traders who buy 20 discounted accounts without a risk plan, overnight holders, or anyone who still thinks Apex is the old intraday-trail product without re-reading 2026 rules. Honest tradeoffs: unmatched promo-driven attempt economics and brand liquidity of information, offset by activation fees, PA payout caps, and multi-account process decay. PropFirmElite lists a tracked Apex checkout with code PROFIT — verify the live discount percentage before you pay. Compare vs Tradeify multi-path $0 activation, Topstep brand/combine culture, Bulenox early 100% first-profits narrative, MyFundedFutures plan shopping. Research workflow: write EOD rules in one paragraph, compute net fee with live code, write PA consistency + max payouts, paper one size only before scaling accounts. If you are returning to Apex after years away, discard pre-2026 muscle memory. The All New Apex EOD framing, PA consistency, and payout-count caps are the product. Promo codes change; activation still matters; multi-account volume without journaling is how good traders manufacture bad statistics.
$299
$29.90
starting eval