Apex Trader Funding Coupon: YNNXQKQA for 71% off ALL Apex accounts! AND 50% off resets Ends 31-01-2024
Hello everyone! Let’s dive right in as I put the spotlight on my very first review of Apex Trader Funding, a prop firm that’s secured the numero uno position in my list of top futures prop firms.
Table of Contents
- Apex Trader Funding Coupon: YNNXQKQA for 71% off ALL Apex accounts! AND 50% off resets Ends 31-01-2024
- Apex Trader funding Summing it up
- Who is the owner of Apex Trader Funding?
- What Are The Apex Trader Funding Account Sizes?
- Apex Trader Funding Leverage Explained
- Understanding Apex Trader Funding Payouts
- Apex Trader Funding Reviews
- Evaluation Rules and Objectives at Apex Trader Funding
- Automated Trading Restrictions
- Free Trial Policy
- Repeat Options
- Discount Offer
- Evaluation Rules and Objectives at Apex Trader Funding
- Trading Hours
- News Trading Policy
- Legitimacy and Contact Information
- Summary
Apex Trader funding Summing it up
Apex Trader Funding stands tall as a pioneering player in the world of proprietary trading. Their streamlined approach to funding traders globally has set them apart from the pack. At the heart of their appeal lies the innovative One-Step Evaluation Process, which has garnered substantial favor among day traders. This process grants traders the golden opportunity to showcase their trading prowess with NO time limit, So you have all the time of the world to secure a funded trading account. And one of my favorite parts you can get up to 20 PA/funded accounts!
Now, as we gear up for my forthcoming review of Apex Trader Funding, let’s dive deep into the intricacies of their services. We’re about to illuminate their wide array of evaluation programs, comprehensive rule sets, and a host of other factors that truly set them apart as a top-tier contender in the domain of proprietary trading.
Incorporation Date | 2021 |
CEO | Darrel Martin |
Office Location | Austin, Texas, USA |
Maximum Allocation Capital | $6.000.000 = 20 x $300.000 or 20 funded accounts |
Broker | Rithmic, Tradovate |
Who is the owner of Apex Trader Funding?
Apex trader funding is found by Darrell Martin a rancher and day trader who has built a thriving community of traders into over 30,000 members in over 150 countries since 2008. “Our motto is Traders Helping Traders”.
What Are The Apex Trader Funding Account Sizes?
Apex Trader Funding presents a diverse portfolio of account sizes, tailoring to the unique requirements of traders. These accounts range from a modest $25,000 to an expansive $300,000, ensuring suitability for different trading strategies and goals.
The pricing for evaluations is thoughtfully tiered, beginning at a reasonable $147 monthly for the more compact account, and progressively increases to $657 monthly for the more substantial account option.
Apex Trader Funding Leverage Explained
At Apex Trader Funding, leverage operates uniquely. The trading account’s balance directly equates to your buying power, effectively creating a leverage ratio of 1:1.
Your trading capacity is determined by the maximum permissible contracts. For the $25,000 account, this begins at 4 mini’s (or equivalent to 40 micros) and escalates to 35 mini’s (or 350 micros) for the $300,000 account.
Understanding Apex Trader Funding Payouts
Apex Trader Funding offers an enticing profit-sharing model. Initially, traders enjoy a 100% profit split on the first $25,000 earned. Subsequently, the profit split adjusts to a favorable 90/10 arrangement, where you retain a significant 90% of all profits, while the firm receives the remaining 10%.
Apex Trader Funding Reviews
On Trustpilot, Apex Trader Funding has earned an ‘excellent’ rating. With a strong score of 4.8 out of 5.0, this is based on the feedback from over 5298 reviews, underscoring the firm’s reputable standing in the trading community.
Evaluation Rules and Objectives at Apex Trader Funding
Apex Trader Funding offers two primary account types during the evaluation phase: Full accounts and Static accounts. Common rules for both include:
- Minimum trading days: 7.
- Challenge duration: No upper limit on trading time.
In addition to these, Full accounts have specific targets like a profit goal, a maximum tradeable contract limit, and a trailing threshold.
Below is a summary of the Full accounts rules:
Balance | Contracts | Profit Target | Trailing Threshold |
$25,000 | 4 (40 micros) | $1,500 | $1,500 |
$50,000 | 10 (100 micros) | $3,000 | $2,500 |
$75,000 | 12 (120 micros) | $4,250 | $2,750 |
$100,000 | 14 (140 micros) | $6,000 | $3,000 |
$150,000 | 17 (170 micros) | $9,000 | $5,000 |
$250,000 | 27 (270 micros) | $15,000 | $6,500 |
$300,000 | 35 (350 micros) | $20,000 | $7,500 |
Static accounts, on the other hand, offer a singular account balance. They replace the trailing threshold with a maximum drawdown limit. Here’s a brief overview of the Static account rules:
Balance | Contracts | Profit target | Max Drawdown |
$100,000 | 2 (20 micros) | $2,000 | $625 |
Automated Trading Restrictions
Apex Trader Funding strictly prohibits the use of fully automated trading software. This includes all forms of expert advisors (EAs), robots, algorithms, artificial intelligence, high-frequency trading systems, and bots. However, tools aiding in trade execution, setting take profits, and stop-losses are permitted.
Free Trial Policy
At present, Apex Trader Funding does not offer free trial opportunities.
Repeat Options
While free repeats aren’t available, traders can opt for a reset if any rules are breached.
Discount Offer
Use the following link for a 50% discount on your purchase. This link automatically applies a promo code. If you’ve previously visited their site, clear your cookies before using this link for effective application.
Evaluation Rules and Objectives at Apex Trader Funding
Apex Trader Funding offers two primary account types during the evaluation phase: Full accounts and Static accounts. Common rules for both include:
- Minimum trading days: 7.
- Challenge duration: No upper limit on trading time.
In addition to these, Full accounts have specific targets like a profit goal, a maximum tradeable contract limit, and a trailing threshold.
Below is a summary of the Full accounts rules:
Static accounts, on the other hand, offer a singular account balance. They replace the trailing threshold with a maximum drawdown limit. Here’s a brief overview of the Static account rules:
Automated Trading Restrictions Apex Trader Funding strictly prohibits the use of fully automated trading software. This includes all forms of expert advisors (EAs), robots, algorithms, artificial intelligence, high-frequency trading systems, and bots. However, tools aiding in trade execution, setting take profits, and stop-losses are permitted.
Free Trial Policy At present, Apex Trader Funding does not offer free trial opportunities.
Repeat Options While free repeats aren’t available, traders can opt for a reset if any rules are breached.
Discount Offer Use the following link for a 50% discount on your purchase. This link automatically applies a promo code. If you’ve previously visited their site, clear your cookies before using this link for effective application.
Trading Hours
Traders must close all positions by 4:59 PM ET daily. On half-day holidays, positions must be closed before market closure, irrespective of time. Weekend position holding is also prohibited.
Apex Trader Funding primarily caters to day traders and their strategies. Traders with different styles might consider other options (more details below).
News Trading Policy
News trading is not compatible with Apex Trader Funding’s policies. This includes straddling or trading immediately before or after news announcements. However, existing trades can remain open during news releases, provided there is robust risk management.
Legitimacy and Contact Information
Apex Trader Funding is a legitimate entity.
Contact details:
- Address: Apex Trader Funding Inc., 2028 E. Ben White Blvd, Ste 240 -9873, Austin, TX 78741, USA
- Phone: 1-855-273-9873
- Additional support includes live chat and a help desk on their website.
Summary
Apex Trader Funding is a U.S.-based proprietary trading firm offering accounts up to $300,000 with an initial 100% profit split on the first $12,500, transitioning to a 90% split thereafter. Access to funded accounts requires passing an evaluation, with rules varying by account type. Futures trading is supported on popular platforms including NinjaTrader.
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