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Apex Trader Funding

Apex Trader Funding Review 2026

Futures prop firm · 1-Step evaluation
★ 4.6 · 20,847 reviewsCEO: Darrell MartinUSFounded 2021✔ Trustpilot 4.5
Up to 90% OFF evaluations
Up to 90% off Apex Trader Funding evaluations. Codes rotate often — verify at checkout.
Coupon: SAVENOW
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OverviewChallenges 5Reviews 20,847Coupons 1Payouts

AI Summary

Apex Trader Funding is a US-based futures prop firm founded in 2021, known for one-step evaluations, frequent 80-90% off coupons, and a 100% profit split on the first $25K then 90%. Supports NinjaTrader, Tradovate, TradingView and Rithmic; uses a trailing threshold drawdown; allows up to 20 funded accounts.

Apex Trader Funding Trader Ratings

4.6out of 5
20,847 reviews
5★16,366
4★2,710
3★625
2★208
1★938

Aggregate of Trustpilot and community feedback for Apex Trader Funding, weighted by payout reliability and rule fairness.

Read all 20,847 reviews →
Firm OverviewInstruments & AssetsProgramsLeverageCommissionsConsistency RulesFirm RulesChallengesPayout PolicyRestricted CountriesAvailable Countries

Firm Overview

Evaluation type1-Step
Broker / dataRithmic, Tradovate
Profit split100% first $25K then 90%
Drawdown typetrailing
Payment methodsCard, PayPal
Payout methodsWISE, ACH, Crypto
Max funded accounts20

Instruments & Assets

InstrumentsFutures & micros
AssetsIndices, Energy, Metals, FX futures

Platforms

NinjaTraderTradovateTradingViewRithmicQuantowerSierra Chart

Apex Trader Funding Programs & Account Types

Account and program variants offered by Apex Trader Funding — how drawdown, consistency and payouts differ.

ProgramDrawdownConsistencyPayoutNotes
1-Step EvaluationTrailingNo single day > 30% of total profit100% first $25K then 90%Single-step evaluation with trailing drawdown

Leverage — Account Sizes & Contracts

AccountPrice/moProfit targetDrawdownContracts
$25,000$15 $147$1500$15004 minis / 40 micros
$50,000$17 $167$3000$250010 minis / 100 micros
$100,000$21 $207$6000$300014 minis / 140 micros
$150,000$30 $297$9000$500017 minis / 170 micros
$300,000$66 $657$20000$750035 minis / 350 micros

Commissions

~$4.60 per round-turn per contract (E-minis via Rithmic); ~$0.46 micros. NinjaTrader lease optional.

Consistency Rules

Consistency ruleNo single day > 30% of total profit

Firm Rules

Evaluation & Profit Target +
Traders must achieve a specified profit target during the 1-Step evaluation phase. This target is a fixed monetary amount that varies by account size.
Drawdown / Max Loss +
The trailing drawdown is calculated from the highest point your account balance reaches, including open profits. It trails the account balance and does not reset, meaning the maximum loss level continuously adjusts upwards as the account grows.
Consistency Rule +
No single trading day's profit can account for more than 30% of the total profit target achieved. This rule encourages consistent trading performance rather than reliance on a single large trade.
News Trading +
Trading during news events is permitted during the evaluation phase. On some funded plans, restrictions on news trading may apply.
Prohibited / Restricted Strategies +
High-frequency trading (HFT) and latency arbitrage are prohibited. Cross-account hedging, which involves taking opposing positions across multiple accounts, is also not allowed. Genuine scalping strategies are permitted.
Scaling / Contract & Position Limits +
Contract limits are applied based on the account size. These limits dictate the maximum number of contracts a trader can have open at any given time.
Payout & Withdrawal +
Traders receive 100% of the first $25,000 in profits, followed by 90% of subsequent profits. The first payout can be requested after 8 trading days, with a minimum payout amount of $500. Subsequent payouts can be requested every 8 days and then on-demand.
Account Activity / Inactivity +
Traders can manage up to 20 funded accounts, with a maximum total allocation of $1.5 million. Specific rules regarding account inactivity may apply.

Challenges

Apex Trader Funding offers 5 evaluation account sizes from $25,000 to $300,000, from $147/mo. See all challenges & pricing →

Exclusive tool

Apex Trader Funding Challenge Cost Calculator

Estimate true cost to a first payout, after coupon.

—1st month (after coupon)
—Total eval cost
—Profit target
—Target ÷ cost

Payout Policy

First payout after8 trading days
Min payout$500
FrequencyEvery 8 days then on-demand
Split100% first $25K then 90%

Restricted Countries

Restricted / sanctioned regions:

🚫 Cuba🚫 Iran🚫 North Korea🚫 Syria🚫 Russia*

Where Apex Trader Funding Is Available

Apex Trader Funding accepts traders from most countries — only sanctioned regions are excluded. See our dedicated prop-firm guides for these markets:

🇦🇺 Australia →🇨🇦 Canada →🇮🇳 India →🇬🇧 United Kingdom →🇺🇸 United States →

Pros

  • Frequent 80-90% off coupons
  • Generous 100%->90% split
  • Wide platform choice
  • Up to 20 accounts

Cons

  • Trailing threshold drawdown is strict
  • 30% consistency rule
8.7
/10

Verdict

Best cheap 1-step futures firm. Wins on price and split; watch the trailing drawdown and consistency rule.

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Ava Nguyen
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· Copywriter, Geo & Platforms
Updated August 2026 · Fact-checked by Grace Holloway