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Apex Trader Funding

Established 2021 · 🇺🇸 United States

Post-4.0 Apex: one-time evaluation fees, 100% profit split from the first payout, and up to 20 parallel accounts.

futures
Data verified Research-based Last verified Jul 6, 2026

Research Score

Strong

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The Bottom Line

Post-4.0 Apex: one-time evaluation fees, 100% profit split from the first payout, and up to 20 parallel accounts.

Best for

  • Effectively the cheapest entry in futures funding — permanent 80–90% discount codes
  • 100% profit split from the first payout under Apex 4.0
  • Up to 20 parallel funded accounts with copy trading — the strongest edge-multiplier in the industry

Avoid if

  • Legacy 2024–2025 payout-denial reputation still rebuilding
  • $79–99 activation fee after passing isn't obvious from the cheap-eval marketing

Key Facts

Challenge model
1-step challenge
Profit split
up to 100%
Payout frequency
Weekly cycles
Max funding
$3M
Challenges from
$118
Platforms
Tradovate, NinjaTrader, TradingView
Assets
Futures
Trust score
80 / 100
View full rules

Trader Sentiment Snapshot

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Latest Verified UpdateJul 6, 2026

March 1, 2026 — "Apex 4.0": one-time fees replaced monthly subscriptions, the MAE and 30%-consistency rules were removed, an EOD drawdown option was added, and payouts were automated to 24–48 hours.

View all updates

Evidence That Matters

Payout Reliability

93%

On-time payout rate

Modelled from public payout data

View evidence
Average Payout Speed

5.2Days

From request to received

Weekly cycles cycle

View evidence
Account Scaling

$3M

Max account size

4 scaling programs

View evidence
Rule Transparency

80%

Rules clarity score

Recent changes tracked

View evidence
Max funding
$3M
Profit split
up to 100%
Payouts
Weekly cycles
Challenges from
$118
Funding models
1-step
Platforms
Tradovate, NinjaTrader, TradingView, Rithmic
Headquarters
🇺🇸 United States
Founded
2021

Our Apex Trader Funding review

Apex industrialized futures funding — near-permanent 80–90% discount codes, evaluations effectively costing ~$20–35, and up to 20 simultaneous funded accounts driven by copy trading. In March 2026 the firm rebuilt itself as "Apex 4.0": monthly subscriptions became one-time fees, the disputed MAE and 30%-consistency rules were removed, payouts were automated to 24–48 hours, and the split became a flat 100% from the first payout (legacy accounts: 100% of the first $25K, then 90%).

The 4.0 evaluation lets you choose your drawdown: classic intraday trailing (cheaper, but it follows peak open equity tick-by-tick) or end-of-day trailing with daily loss limits (pricier, far more forgiving). There are no minimum trading days, but a 30-calendar-day window with no resets. On funded accounts, a 50% consistency rule and a payout ladder apply — the first five payouts are capped, then caps lift entirely.

The overhang is history: the 2024–2025 era of subjective payout denials and "account under review" freezes still shapes the firm's reputation, and metals products have been suspended since March 2026. The self-reported $700M+ in cumulative payouts and a 4.5 Trustpilot across ~20,000 reviews suggest the machine mostly works — but read the payout policy twice and treat the horizontal-scaling math as the real product.

Pros & cons

Pros

  • Effectively the cheapest entry in futures funding — permanent 80–90% discount codes
  • 100% profit split from the first payout under Apex 4.0
  • Up to 20 parallel funded accounts with copy trading — the strongest edge-multiplier in the industry
  • Optional end-of-day trailing drawdown that ignores intraday unrealized wicks

Cons

  • Legacy 2024–2025 payout-denial reputation still rebuilding
  • $79–99 activation fee after passing isn't obvious from the cheap-eval marketing
  • First five payouts are capped on a ladder; 50% consistency rule on funded accounts
  • All metals products suspended indefinitely since March 2026

Good to know

  • March 1, 2026 — "Apex 4.0": one-time fees replaced monthly subscriptions, the MAE and 30%-consistency rules were removed, an EOD drawdown option was added, and payouts were automated to 24–48 hours.
  • 100% profit split from the first payout post-4.0 (legacy accounts: 100% of the first $25K per account, then 90%).
  • March 14, 2026: all metals products (GC, SI, MGC, HG…) suspended indefinitely.
  • Self-reported cumulative payouts passed $700M by April 2026; up to 20 simultaneous funded accounts with copy trading remain the core scaling play.

Challenge rules

ProgramSizesFromTargetDaily lossMax lossMin daysTime limitLeverage
Evaluation $25K1-Step

One-time fee; 80–90% discount codes run near-permanently (~$18–35 effective)

$25K$118$1,500None (intraday) / $500 (EOD)$1,000 trailingNone30 days
Evaluation $50K1-Step$50K$3,000None (intraday) / $1,000 (EOD)$2,000 trailingNone30 days6 contracts (eval) → 4 (funded)
Evaluation $100K1-Step$100K$6,000None (intraday) / $1,500 (EOD)$3,000 trailingNone30 days
Evaluation $150K1-Step

Choose intraday trailing (counts open equity) or EOD trailing at checkout

$150K$9,000None (intraday) / $2,000 (EOD)$4,000 trailingNone30 days

One-step evaluation with a one-time fee (since March 2026). Sizes: $25K ($1,500 target / $1,000 trailing drawdown), $50K ($3,000 / $2,000), $100K ($6,000 / $3,000), $150K ($9,000 / $4,000).

Choose your drawdown at checkout: intraday trailing (follows peak open equity tick-by-tick — unrealized profit counts) or end-of-day trailing (recalculates on closing balance only, adds a daily loss limit). 30 calendar days, no resets; no minimum trading days. Passing requires a one-time $79 (intraday) or $99 (EOD) activation fee.

Payouts & profit split

100% split from the first payout (post-4.0). Per cycle you need 5 profitable days meeting a minimum daily profit ($100–350 by size), a balance above the safety net, and compliance with the 50% consistency rule. Minimum withdrawal $500; the first five payouts are capped on a ladder, uncapped from the sixth. Automated processing in 24–48h via Plane/ACH.

Paid viaACH (Plane)

Scaling plan

No balance scaling — Apex scales horizontally: up to 20 simultaneous Performance Accounts (~$3M combined at 20×$150K), with one leader account copy-trading up to 19 followers.

Apex Trader Funding on YouTube

Independent reviews and payout proofs — not produced by Apex Trader Funding or by us.

Apex Trader Funding Review 2025 | Pros & Cons Prop Trading Guide

Donte Trades 2 · YouTube

Apex Trader Funding Payout Proof

Trading With JesseW · YouTube

Apex Trader Funding Review: The '$16,500 Payout' Denial Exposed (2026)

Savage Reviews · YouTube

Apex Trader Funding: Rules, Payouts & My Honest Review

PJ Trades Clips · YouTube

Apex Trader Funding Review: $300K Account for $39 (Too Good to Be True?)

Connor Alexander Fx · YouTube

Frequently asked questions

Is Apex always 80% off?

Discount codes at 80%+ run nearly continuously — never pay list price. A $100K evaluation typically lands around $30.

What changed in Apex 4.0?

March 2026: one-time fees replaced subscriptions, the MAE and 30%-consistency rules were removed, an EOD drawdown option was added, payouts were automated to 24–48h, and the split became 100% from the first payout.

Is there a daily loss limit?

Only if you choose the end-of-day drawdown variant ($500–$2,000 by size). The intraday-trailing variant has no daily limit — just the trailing threshold and your own risk management.

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