Comprehensive Prop Firm Review: Apex Trader Funding (2024)

    • 6 min read

Updated: Jul 31, 2023

Comprehensive Prop Firm Review: Apex Trader Funding (1)

Apex Trader Funding was founded by Darrell Martin, who is interestingly both a rancher and a day trader! He has built a community of traders that spans over 100 countries and has more than 30,000 members since 2008. The company’s motto is “Traders Helping Traders”. They have created a better model for funding traders after evaluating and reviewing all the funding companies available.

The company offers a funded trader program where traders receive up to $300,000 in funding and the highest payments of any firm. They are known for their transparency and ease of use. They make it easy for traders to get started with their program and provide support throughout the process.

About Apex Trader Funding

Apex Trader Funding is a leading prop firm that specializes in futures trading. Founded in 2015, the company has gained a strong reputation in the industry for its commitment to helping traders succeed in the competitive world of futures trading. Apex Trader Funding's profit-sharing model is one of the most generous in the industry. Qualified accounts receive an impressive profit split, with traders receiving 90% of their profits. This means that the more successful you are in your trading endeavors, the greater your earnings potential. In 2022 alone, Apex Trader Funding paid out a total of $6,977,321 to its traders, highlighting the firm's commitment to rewarding and incentivizing successful traders.

What's Unique about Apex Trader Funding?

  • Funded Trading Accounts: Apex Trader Funding offers traders the opportunity to trade with the firm's capital through its funded trading account program. This means you can start trading futures without risking your own funds and benefit from the potential for significant profits.

  • Generous Profit Sharing: Qualified traders with Apex Trader Funding receive an impressive profit split, with traders receiving 90% of their profits. This profit-sharing model provides a strong incentive for traders to excel and rewards their success in the market.

  • Dedicated Server Infrastructure: Apex Trader Funding operates its own dedicated server infrastructure, ensuring fast and reliable trade execution. This dedicated infrastructure minimizes latency and gives traders a competitive edge, allowing them to seize opportunities quickly.

  • Access to Popular Trading Platforms: Traders with Apex Trader Funding gain access to popular trading platforms such as NinjaTrader 8 and Rithmic RTrader Pro. These platforms offer a wide range of tools and features to support trading strategies, providing traders with the necessary tools to make informed decisions and execute trades seamlessly.

  • Robust Risk Management: Apex Trader Funding prioritizes risk management to protect traders and the firm's capital. The firm employs risk controls and actively monitors trading activities to ensure a safe and secure trading environment for all participants.

  • Proven Track Record: With its establishment in 2015, Apex Trader Funding has built a strong reputation in the industry. The firm's commitment to trader success is evident in its payouts, with a total of $6,977,321 distributed to traders in 2022. This track record showcases the firm's dedication to rewarding and incentivizing successful traders.

  • Personalized Evaluation Process: Apex Trader Funding employs a comprehensive evaluation process to assess traders' skills, risk management abilities, and adherence to profit targets. This personalized evaluation helps identify traders who are ready to trade with the firm's capital, ensuring that only qualified traders are given access to funded accounts.

  • Support and Guidance: Apex Trader Funding provides ongoing support and guidance to its traders. Traders can benefit from educational resources, mentoring programs, and access to a community of like-minded traders. This support system helps traders develop their skills and stay motivated on their trading journey.

Comprehensive Prop Firm Review: Apex Trader Funding (2)
Comprehensive Prop Firm Review: Apex Trader Funding (3)
Comprehensive Prop Firm Review: Apex Trader Funding (4)

Pros and Cons of Apex Trader Funding

Pros:

  • Generous profit splits: Apex Trader Funding offers a profit split model that allows traders to keep 100% of their profits up to $25,000 and 90% thereafter, which is highly favorable compared to many other prop firms.

  • Quick payouts: Traders at Apex Trader Funding receive their profits every two weeks, ensuring timely and consistent payments.

  • Flexible trading rules: The firm provides traders with relaxed trading rules, allowing them to implement different trading strategies and styles. There are no daily drawdown limits, and risk management rules are straightforward and easy to follow.

  • Access to trading tools: Apex Trader Funding offers a range of useful trading tools, including a trade copier, a free 30-day education course, trade automation software, and a one-on-one mentoring program. These resources are beneficial, particularly for novice traders.

  • Option to trade on multiple accounts: Unlike many other prop firms, Apex Trader Funding allows traders to trade on multiple accounts. This feature provides more opportunities for profits and can help manage risk effectively.

Cons:

  • Limited trading asset support: Apex Trader Funding focuses solely on futures trading, which means traders looking to diversify their portfolio with other asset classes may need to seek alternatives.

  • Restricted trading platforms: While Apex Trader Funding offers NinjaTrader 8 and Rithmic RTrader Pro as recommended platforms, the availability of other popular platforms like MetaTrader 4 and 5 is limited. Traders who prefer those platforms may need to adjust to the provided options.

  • Recurring monthly fees: Traders using Apex Trader Funding's funded accounts are subject to monthly fees based on the chosen account size. Although the profit splits and fast payouts can help offset these costs, traders should consider the recurring fees in their overall evaluation.

  • Limited customer support availability: While the customer support team at Apex Trader Funding is generally helpful, there may be instances where immediate assistance is not available. Having 24/7 live chat support could enhance the overall customer experience.

  • No Discord community: Unlike some other prop firms, Apex Trader Funding does not have a Discord channel or community for traders to connect and share ideas. Joining a community can provide valuable networking and learning opportunities.

The Final Score

Apex Trader Funding stands out as a prop firm for futures traders with its unique features and benefits. With generous profit splits, quick and reliable payouts, and flexible trading rules, Apex Trader Funding provides an enticing opportunity for traders of all levels and styles. The access to trading tools, including a trade copier, educational resources, and mentoring programs, further supports traders in their journey.

However, it's important to note that Apex Trader Funding focuses exclusively on futures trading, which may not appeal to those looking to diversify their portfolio with other asset classes. The limited selection of trading platforms, the recurring monthly fees, and the restricted availability of customer support are aspects to consider before making a decision.

Despite these considerations, Apex Trader Funding has built a solid reputation and offers a solid platform for futures traders to pursue their trading ambitions.

Apex Trader Funding presents an excellent option for futures traders seeking a prop firm that values profit sharing, flexibility, and access to valuable trading resources. It's a worthy choice for traders looking to enhance their trading game and explore the futures market.

Getting Started

  • Visit the Website: Click here to visit Apex Trader Funding and use Coupon code: propup

  • Explore the Website: Take some time to navigate through the website and familiarize yourself with the information provided. Pay attention to the details about their profit splits, trading rules, available resources, and account options.

  • Review the Features: Pay close attention to the unique features offered by Apex Trader Funding, such as their profit split structure, frequent payouts, relaxed trading rules, and access to trading tools. Evaluate how these features align with your trading goals and preferences.

  • Consider the Pros and Cons: Refer back to the pros and cons mentioned in the review to get a comprehensive understanding of the firm's strengths and limitations. Assess how these factors weigh in your decision-making process.

  • Assess Your Trading Style: Reflect on your own trading style and determine if futures trading aligns with your interests and objectives. Consider the account sizes available and select the one that suits your risk tolerance and skill level.

  • Sign Up and Complete the Evaluation Process: Once you've made the decision to proceed with Apex Trader Funding, sign up for an account on their website. Follow the instructions provided to complete the evaluation process, which usually involves meeting profit goals, adhering to trading rules, and demonstrating professionalism.

  • Choose a Trading Platform: After successfully passing the evaluation process, choose a trading platform from the recommended options provided by Apex Trader Funding, such as NinjaTrader 8 or Rithmic RTrader Pro. Download the platform and set up your account accordingly.

  • Fund Your Account: Once your evaluation is complete and you've selected a trading platform, it's time to fund your account. Follow the instructions provided by Apex Trader Funding to deposit the required initial capital based on the account size you've chosen.

  • Begin Trading: With your account funded and the trading platform set up, you are now ready to start trading. Utilize the trading tools and resources offered by Apex Trader Funding to enhance your trading experience and increase your chances of success.

  • Monitor and Evaluate: As you engage in trading activities, closely monitor your performance and evaluate your results. Adjust your strategies as needed and make use of the educational resources and mentoring programs available to continuously improve your trading skills.

Remember, trading involves risks, and it's essential to approach it with a disciplined and informed mindset. Take advantage of the opportunities presented by Apex Trader Funding while always being mindful of market conditions and your personal risk management strategies.

Disclaimer: Trading and investments involve significant financial risks, and it is important to do thorough research and seek professional advice before engaging in any trading activities. The step-by-step guide provided here is for informational purposes only and should not be considered as financial advice.

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