Apex Trader Funding Review

Firm Overview

Apex Trader Funding (apextraderfunding.com) was founded in 2021 by Darrell Martin in Austin, Texas. It is a futures-only prop firm offering a 1-step evaluation. The key differentiator is no daily loss limit — only a trailing drawdown that locks at your starting balance once reached. This makes Apex more forgiving than firms with strict daily limits. Account sizes: $25K, $50K, $75K, $100K, $150K, $250K, $300K. Profit target: 6% of account size. Minimum 7 trading days to pass evaluation.

Profit Split & Payouts

100% of the first $25,000 in profits per funded account, then 90/10 (trader keeps 90%). Payouts are bi-weekly. Payout requirements: minimum 8 trading days between requests, with at least 5 days showing $50+ profit. No single day can account for more than 30% of total profits at payout time. Monthly funded account fee applies ($85-$105/mo depending on platform choice).

Platforms

Three platform paths: Tradovate (web/desktop, beginner-friendly), Rithmic (NinjaTrader, R|Trader Pro, ATAS, Quantower — more technical, slightly cheaper monthly fee), WealthCharts (proprietary Apex platform with 22 exclusive scanners and indicators). TradingView can be connected via Tradovate integration.

Key Rules

• No daily drawdown limit
• Trailing drawdown locks at starting balance
• Close all positions by 4:59 PM ET (no weekend holds)
• Max 5:1 risk-to-reward ratio per trade
• 30% consistency rule at payout request
• Up to 20 accounts allowed simultaneously
• News trading: permitted
• EAs/copy trading: permitted (copy across your own accounts)

Company Information

• Founded: 2021 | CEO: Darrell Martin | Location: Austin, Texas
• Accounts: $25K-$300K | Futures only
• Profit split: 100% first $25K, then 90/10
• Payouts: Bi-weekly | Monthly PA fee: $85-$105/mo
• Trustpilot: 4.4/5 from 17,800+ reviews | $378M+ paid out