Apex Trader Funding Review

Apex Trader Funding Review

Apex Trader Funding is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

Apex Trader Funding is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

  • The minimum funding for a starter account is $25,000, which rises with expertise
  • Adjustable trading hours, even on holidays
  • Trading at full contract size with little daily drawdown
  • Thorough training for traders before funding
  • A wide variety of tradable assets, such as interest-rate futures, natural gas, and energy
  • Financing program for expert traders called Apex Trader
  • For typical traders, the funding requirements could be stringent
  • restrictions on the largest position size allowed in active accounts

What is Apex Trader Funding?

US-based prop trading company Apex Trader Funding. They provide a funded trader program tailored to the needs of futures traders. The monthly cost of the program is in the range of $137 to $657. The company offers access to master accounts, evaluation accounts, and unlimited financing accounts for trading purposes, all intending to empower traders worldwide.

With a group of exceptionally talented traders, Apex has been in business for many years. They provide a variety of asset trading possibilities, trade copier software, apex investing ideas, a free Ninjatrader license, and clear evaluation criteria.

Since going live with accounts, Apex has drawn in over 30,000 experienced traders from 150 nations. The company wants to remove obstacles to commerce and help traders all over the world succeed in the long run. Darrell Martin founded the company in 2021, and it has its headquarters in Austin, Texas.

logo of Apex Trader Funding.

Apex Trader Funding Programs and Challenges: Rules and Requirements 

Apex Trader Funding provides competitive pricing that exceeds the average rates in futures-sponsored trader programs at most levels and closely aligns with others. Although it is a short-term advantage, especially for individuals preparing for long-term trading with actual funds, it notably decreases the first entry cost.

Apex Tarder Funding Static Drawdown Plan 

Plan$100K STATIC
Contracts2 (20 micros)
Profit Goal$2,000
Trailing ThresholdNone
Static Drawdown$625
Daily DrawdownNone
Monthly Price$137

Thus, Apex Trader Funding does not provide two-step evaluations or challenges.

What are Forex Prop Challenges?

Forex prop challenges are a form of evaluation procedure put up by proprietary trading businesses (prop firms) to find exceptional traders and provide them with the opportunity to trade with the firm’s funds. These challenges are intended to put a trader’s capacity to earn profits while properly managing risk to the test, with a set of trading rules and objectives to adhere to over a specific time.

A forex prop challenge normally has two primary stages:

1. The challenge phase: During this initial phase, traders are given a demo account with a fixed balance and are asked to meet a certain profit objective within a set timeframe, often a month or two, while adhering to maximum drawdown restrictions and other trading guidelines. This phase evaluates the trader’s capacity to earn profits within specified risk constraints.

2. The Verification Phase: Traders who successfully met their profit objectives and followed the regulations during the challenge phase advance to the verification phase. This stage is similar to the challenge phase, although it often lasts longer and may include somewhat different profit objectives or criteria. The goal of this phase is to confirm the trader’s consistency and expertise across a longer time frame.

After completing both steps, traders are often awarded a funded account. This implies that the prop business sets aside a portion of its funds for the trader to handle. The profit gained by trading this capital is split between the trader and the prop business according to a predetermined split.

Forex prop challenges need a cost, which varies for each prop business. This charge covers the expense of the review procedure and guarantees that traders are committed to the offer.

The particular criteria aims, and structure of prop challenges might differ significantly between businesses. Traders are expected to match the following common parameters:

  1. Profit targets: A predetermined proportion of the account balance that traders must meet.
  2. Drawdown limits: The maximum permissible percentage loss from the account’s peak amount, both daily and cumulatively.
  3. Minimum trading days: The number of active trading days required throughout the challenge period.
  4. Trade style restrictions: Some companies may have regulations about trading strategies, such as forbidding high-frequency scalping or overnight positions.

Aside from the initial challenge fee, forex prop challenges provide traders with access to considerable trading capital without putting their cash at risk. However, participants must carefully evaluate the terms and circumstances of these challenges, since the criteria established by prop businesses are stringent and intended to test traders’ discipline, risk management, and trading acumen.

Check out our top recommended prop firm to see what they offer.

Apex Trader Funding Broker: Do They Use a Reliable Platform? 

Apex Trader Funding provides all accounts with no-cost access to real-time information as well as a NinjaTrader license key at no additional charge. Apex Trader Funding is also accessible with other top futures trading platforms, such as

  1. NinjaTrader
  2. Tradovate
  3. TradingView
  4. Wealthcharts are all web platforms used for trading
  5. Trader ATAS Bookmap
  6. Edgeclear
  7. Finamark
  8. Jigsaw Trading
  9. Motivewave
  10. Quantower
  11. Rithmic
  12. Sierra Chart
  13. Volfix

Apex Trader Funding Fees: How Much Do They Charge? 

Apex Trader Funding offers users many withdrawal methods such as credit and debit cards, bank accounts, as well as crypto-wallets. The site stands out by providing payments in stablecoins, a feature uncommon among competitors in the market. Users can also utilize electronic online payment methods such as Skrill alongside additional options. Apex does not impose withdrawal fees, nevertheless, users may be subject to bank costs, particularly for currency exchanges.

Thus, Forex prop trading fees refer to the costs associated with participating in a proprietary (prop) trading firm’s program, particularly those that offer traders the opportunity to trade the firm’s capital. These fees are a critical aspect of the business model for many forex prop firms, especially those that run challenge or evaluation programs to vet potential traders. Here’s a breakdown of the types of fees that traders might encounter:

1. Challenge Fees

These are upfront fees paid by traders to enter into a trading challenge or evaluation program. The challenge is essentially a test that evaluates a trader’s ability to generate profits while adhering to specific risk management rules. If successful, the trader is usually offered the opportunity to trade with the firm’s money. Challenge fees can vary significantly depending on the firm, the size of the demo account provided for the challenge, and the complexity of the challenge itself.

2. Account Setup or Administration Fees

Some prop firms may charge a one-time setup fee for creating and managing a trader’s account. This fee might cover the administrative costs associated with setting up the trading infrastructure, account monitoring, and other backend services necessary for the trader to begin trading.

3. Monthly Desk Fees

Desk fees are akin to rental fees for the physical or virtual space and resources (like software, data feeds, and trading tools) provided by the prop firm. While more common in traditional prop firms that offer physical trading desks, some online forex prop firms might also charge a monthly fee for access to premium trading platforms or tools.

4. Profit Split

While not a fee per se, the profit split arrangement is a significant financial consideration in prop trading. After successfully passing a challenge, traders are allowed to trade with the firm’s capital, and any profits generated are split between the trader and the firm according to a predetermined ratio. Common splits might be 70/30 or 80/20, favoring the trader. It’s essential to understand the profit split terms as they directly affect the trader’s potential earnings.

5. Software or Data Fees

In some cases, traders might need to pay additional fees for access to specialized trading software, real-time data feeds, or analytical tools that are not included in the basic package offered by the prop firm.

6. Education or Training Fees

Some prop firms also offer educational courses, mentoring programs, or trading workshops. These might be optional or required parts of the trading program, with fees varying widely based on the content’s depth and duration.

Key Considerations

  • Value for Money: Traders must assess whether the fees charged by a prop firm offer good value for the services provided, especially in terms of the trading capital access, technology, and support offered.
  • Transparency: Reputable prop firms are transparent about their fee structure, with no hidden charges. Traders should thoroughly review all terms and conditions before committing.
  • Risk: While paying fees for a chance to trade with significantly more capital can be appealing, traders should consider the risk of not passing the challenge and the potential loss of the fee paid.

Forex prop trading offers a unique opportunity for traders to leverage more substantial capital than they might otherwise access. However, understanding the fee structure is crucial to making an informed decision about which prop firm to engage with.

Apex Trader Funding Proof of Payment:

Withdrawals at Apex Trader Funding are dealt with bi-monthly on the 15th & the final business day of the month. Traders receive 100% of the first $25,000 and 90% for each amount beyond that. Payments are processed using Deel, a flexible payment processor that provides wire transfers, ACH transfers, PayPal, bitcoin, and other means for receiving funds. 

Traders need to finish at least 10 trading days to receive the initial reward, and following payouts also require a comparable interval between deals. All withdrawals must be at least $1,000, and the maximum withdrawal limit for the first three withdrawals depends on the account size. Starting from the fourth withdrawal, there is no maximum restriction set.

Apex Trader Funding Customer Support: 

Apex Trader Funding provides customer service through live chat as well as online ticketing. To file a question using the ticketing system, they need to complete a form with their email address, inquiry subject, Rithmic ID (if relevant), and a concise explanation of the issue or attachment if needed. Response time through the ticketing system typically ranges from 48 to 72 hours.

Live chat provides the quickest means of communication, with a response time of less than 2 minutes after providing your name and email. It is advisable to consult the FAQ section before reaching out for assistance, as 97% of inquiries may be answered using this resource.

Apex Trader Funding is active on social media platforms such as Facebook, Twitter, YouTube, along LinkedIn, however direct messaging is not an option for customer service.

Contact Information:

  • Registration address: 2028 E. Ben White Blvd | Ste 240 -9873 | Austin, TX 78741
  • Official site: https://apextraderfunding.com/
  • Contacts: 1-855-273-9873

What Makes Apex Trader Funding Unique? 

Unique Features of Apex Trader Funding:

  • Minimal setup charges and monthly fees after financing.
  • Maximum profit sharing up to 90% with full 100% payout.
  • Capability to oversee numerous accounts using a single login.
  • The most extensive variety of account sizes is offered.

Apex Trader Funding Reviews: What Do Their Customers Say?

Apex Trader Funding has a rating of 4.8 out of 5 stars on Trustpilot, with 5,938 reviews.  

Apex Trader Funding Trustpilot

#1. Vahagn K began trading in February 2023, as stated by him. Despite facing challenges and setbacks, he successfully conquered all obstacles with Apex and received his first reward on November 19, 2023. The second payment was made on January 5, 2024. He continues to progress but Sherrie’s exceptional expertise was greatly appreciated for her assistance with technical challenges.

Apex Trader Funding reviews

#2. Sean Davey’s perspective is that the primary reason for the affordable prices of the accounts is the peak. Abundant discounts. He believes there should be a standardized rate for each platform. Let’s say $15 or $20. He dislikes the trailing aspect of their current situation. He completed his evaluation account, but it was challenging. He decided to explore other options and opened an account with Topstep because they offer an end-of-day balance. 

Due to the diverse trading styles of traders, it might be challenging to secure funding through Apex. Great web layout, though. They excel in many areas, but they must modify the lagging aspect as it is a common complaint among clients. Discard that quickly and emulate the practices of topstep to attract more business. Hopefully, this advice is beneficial.

Apex Trader Funding reviews 2

#3. Rebecca Bosco mentioned that the evaluations are inexpensive, but that is the only positive aspect. Unrealized consecutive losses caused him to exit the peak. They struggle to let their successful trades continue because a setback can lead to failure during evaluation. Some proprietary trading organizations do not have a waiting period as long as 10 trading days for withdrawals. This is all designed to ensure their failure and encourage them to purchase additional evaluations.

Apex Trader Funding complaint

#4. Johnny Noir argues that traders should be given the autonomy to choose their own daily loss limitations. Topstep and other platforms include risk management features to prevent traders from blowing up their accounts by closing out positions when they reach a limit. Avoiding it increases the likelihood of traders becoming unbalanced and losing their positions. Any company can enable a feature that permits traders to establish a daily limit.

Apex Trader Funding complaints

#5. Arts Haven stated that giving this horrible firm even one rating is overly generous. Their lack of respect for clients is evident, and their customer support is really poor. They only reply weekly and do not allow withdrawals; they are simply deceiving people. He will not make any further purchases from them. He was deceived by them. 

Apex Trader Funding scam complaint


Proprietary trading firms provide financial backing to traders to assist in expanding their activities. Locating a company that serves contemporary merchants may be difficult. Apex Trader Funding excels in this aspect. It has a demonstrated history of backing skilled traders and offers access to substantial funds.

Established by traders and for traders, Apex Trader Funding is a dependable choice for anyone in need of finance. The trading rules are simple and provide the ability to properly control risk.

Nevertheless, some areas might be enhanced, as with every service. Some traders consider the monthly fees for various account types to be relatively excessive and suggest improving customer service.

Account size starts from:
Profit Split Up t0 90%
*Choose your account type and start trading

Trading Platforms
Deposit and Withdrawal
Customer Support
3.0 Overall Rating

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Apex Trader Funding Review
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