The question "Is Apex Trader Funding legit?" barely needs asking. A trader earned a mind-blowing $2,552,800.50 in a single day—the largest payout that any prop firm has seen.
This US-based prop trading firm started in 2021 and has paid out more than $100 million to successful traders since 2022. Monthly payouts have averaged around $7 million since January 2023. Their stellar 4.5/5 Trustpilot rating from over 13,300 reviewers proves their credibility. The platform has helped traders from more than 150 countries become funded professionals, and their customer pass rate stands almost double the industry average.
Want to get started? You can grab a huge 90% discount with coupon code NRWRQEYW or 3NI4X4GB. These codes slash standard evaluation fees from $147-$297 to just a fraction of the cost. The platform's flexible payout rules let you request withdrawals after just 8 trading days, with payouts starting at $500. This piece covers everything you should know about this fast-growing prop trading platform.
Apex Trader Funding started in 2021 and quickly became a game-changer in the prop trading industry. This Austin, Texas-based company leads the world in futures funding evaluation. They help traders access capital without putting their own money at risk.
Apex Trader Funding gives aspiring traders access to funded accounts between $50,000 and $300,000 without using their personal capital. The founders weren't happy with existing funding companies and created a more trader-friendly platform. They stand out by having fewer rules, lower costs, and better profit splits than their competitors.
The platform tests how well you manage risk, make profits, and handle position sizing. Successful traders get a performance account that can lead to substantial earnings. The best part? You keep 100% of your first $25,000 in profits and 90% after that.
Traders from more than 100 countries can join Apex Trader Funding's programs. Some restrictions apply because of:
Canadian traders can use most services but can't buy live accounts directly through Tradovate. They need to access them through Apex accounts instead. The platform works exclusively with futures markets, making it perfect for traders who specialize in this asset class.
Apex Trader Funding keeps things simple with a one-step evaluation process. You need to:
You can spread these 7 trading days however you like while working toward your profit target. Each trading day runs from 6 PM to 5 PM the next day.
The company's customer pass rate reached 43.13% between January and September 2023[71], doubling the industry average. While there's no deadline to finish the evaluation, you'll pay monthly fees until you pass or quit. If you hit the maximum drawdown limit, you can restart your account for $80.
Apex Trader Funding tailors flexible options to match different trading styles and priorities. The right account choice can help you realize your trading potential.
Full accounts come with a dynamic trailing threshold that adjusts with your account balance and allows larger position sizes. A $100K Full account lets you trade 14 contracts (140 micros) with a $3,000 trailing threshold. Static accounts work differently. They keep a fixed maximum loss threshold that stays the same—the $100K Static account restricts you to 2 contracts (20 micros) with a set drawdown limit of $625. Full accounts give you more flexibility and scaling potential, while Static accounts suit conservative traders who value predictability and simplicity.
These platforms support futures trading but serve different priorities. Rithmic excels with exceptional execution speed through its low-latency network and merges with NinjaTrader at no extra cost (a $75 value). Tradovate stands out with its accessible interface and wide compatibility that works with TradingView, browsers, mobile devices, and Mac computers. Tradovate costs a bit more but offers a modern interface that new traders find appealing.
Account size and platform determine the monthly subscription fees, which range from $137 to $597. Performance Accounts (PA) give you options. You can pay monthly ($85 for Rithmic, $105 for Tradovate) or choose a one-time lifetime fee. Lifetime fees vary from $140 to $340 for Rithmic accounts and $150 to $360 for Tradovate accounts based on size. Your payment choice becomes permanent once selected.
You can save money with coupon code NRWRQEYW or 3NI4X4GB at checkout. Pick your account, go to the registration page, and find the "Enter coupon code" field. Make sure to check the discount before you complete your purchase. Note that coupons won't work for retroactive applications or reset fees.
The evaluation is just the beginning. Your next step is learning Apex's payout structure, which is a vital part of maximizing your earnings. Their system offers flexibility while managing risks effectively.
Apex's payout cycle requires you to trade on 8 different days. You need to show profits of at least $50 on 5 of these days. Each trading day starts at 6 PM ET and ends at 5 PM ET the next day. The system updates after 6 PM ET on your 8th trading day. This allows you to submit your payout request. This well-laid-out system promotes regular trading instead of random profit attempts.
Apex requires a "safety net" during your first three approved payouts. This equals your account's drawdown amount plus $100. To cite an instance, see a $50K account with a $2,500 drawdown - it needs a safety net of $2,600.
The 30% consistency rule states that no single trading day can make up more than 30% of your total profit when requesting a payout. This rule encourages eco-friendly trading instead of risky all-or-nothing approaches.
Your balance must stay above the trailing threshold. A $50K account needs a minimum balance of $52,600 to qualify for payouts. The trailing drawdown stops when it reaches your starting balance plus $100, which creates a safety buffer.
Requesting a payout is straightforward:
The review process takes about 2 business days. Fund transfers happen 3-4 business days after approval.
U.S. traders get their funds through ACH transfers directly to their bank accounts. Non-U.S. traders must choose the "International Option" for payments. International traders receive an email invitation before payment processing. These funds typically appear in accounts within 3-7 business days.
Real traders' feedback tells us more about a prop firm's quality than marketing claims ever could. Let's look at what users actually say about their time with Apex Trader Funding.
Apex Trader Funding holds a remarkable 4.5 out of 5 rating on Trustpilot from over 13,300 reviewers. All but one of these reviews—between 86% and 93%—show 5-star ratings. These numbers make Apex one of the top-rated prop firms around.
Traders love Apex because of its:
Some traders point out issues like:
Yes, it is legitimate according to verified data. Their stellar Trustpilot score, regular payouts to successful traders, and 5-year old operational track record prove this. They stay transparent about their rules and evaluation process. Still, traders should read and understand all rules carefully before they start.
Testing a $50K Apex account showed me its strengths and weaknesses. Coupon codes NRWRQEYW or 3NI4X4GB substantially cut the original costs. The evaluation had clear goals and was easy to follow. The 8-day trading cycle worked well after funding, though managing the trailing drawdown needed extra attention.
Trading styles, platform choices, and rule compliance shape everyone's unique experience. Successful traders stick to consistent practices, follow guidelines, and build sustainable strategies instead of chasing quick profits.
Apex Trader Funding proves itself as a legitimate and trader-friendly prop firm that delivers on its promises. This piece shows how their straightforward one-step evaluation process cuts through complications while you retain control of standards that build green trading habits. Their track record speaks volumes—$100 million paid to traders since 2022 and a record $2.5 million payout in just one day.
The firm's balanced approach to trader success sets them apart. Their 43% pass rate doubles the industry average, showing they want traders to succeed rather than just collect evaluation fees. On top of that, their profit splits rank among the industry's best—100% of your first $25,000 in profits and 90% after that.
Trading platforms fit different styles. Rithmic gives you speed while Tradovate offers an easy-to-use interface across multiple devices. Your choice between a Full account with dynamic thresholds or a Static account with fixed parameters depends on your trading style and risk tolerance.
The coupon codes NRWRQEYW or 3NI4X4GB cut evaluation fees by 90%, making Apex one of the most budget-friendly ways to start funded trading today.
No prop firm is perfect. Some traders mention payout delays and platform issues. Yet the high Trustpilot rating shows traders find great value here. Success comes from knowing all rules, building consistent trading habits through the 8-day cycle, and smart management of your account's trailing threshold.
This 2022-old prop firm stands tall among top choices for traders who want funded accounts without risking personal capital. Their trader-friendly rules, high profit splits, and solid payout history make them worth a serious look if you want to scale your trading career.
Here are the essential insights every trader should know about Apex Trader Funding before starting their funded trading journey:
• Apex is a legitimate prop firm with $100M+ distributed to traders since 2022 and a record $2.5M single-day payout, backed by 4.5/5 Trustpilot rating from 13,300+ reviews.
• Use coupon codes NRWRQEYW or 3NI4X4GB for 90% discount on evaluation fees, reducing costs from $147-$297 to just a fraction of the original price.
• Simple one-step evaluation process requires reaching profit targets within 7+ trading days without time limits, with 43% pass rate—nearly double industry average.
• Generous profit splits favor traders: Keep 100% of first $25,000 in profits, then 90% thereafter, with flexible 8-day payout cycles and $500 minimum withdrawals.
• Choose between Full accounts (dynamic trailing thresholds, larger position sizes) or Static accounts (fixed drawdowns, predictable limits) based on your trading style and risk tolerance.
Success with Apex depends on understanding their trailing threshold system, maintaining consistent trading habits through the 8-day cycle requirement, and following the 30% consistency rule to build sustainable long-term profitability.
Q1. Does Apex Trader Funding provide reliable payouts? Yes, Apex Trader Funding has a proven track record of reliable payouts. They've distributed over $100 million to successful traders since 2022, with monthly payouts averaging around $7 million since January 2023. Their payout system is consistent and well-regarded by users.
Q2. How long does the payout process take with Apex Trader Funding? The payout process typically takes about 5-6 business days. Payout requests are usually reviewed within 2 business days, and funds are transferred 3-4 business days after approval. For international traders, it may take 3-7 business days for funds to appear in their accounts.
Q3. What are the key payout rules for Apex Trader Funding? Traders must complete 8 trading days, with 5 of those days showing profits of at least $50. There's a 30% consistency rule, meaning no single trading day can account for more than 30% of your total profit at the time of payout request. A safety net requirement is also in place for the first three approved payouts.
Q4. What is the minimum trading period required before requesting a payout? Apex Trader Funding requires a minimum of 8 trading days before you can request a payout. A trading day is defined as the period from 6 PM ET to 5 PM ET the following day. This requirement ensures consistent trading activity rather than sporadic attempts at profit.
Q5. How does Apex Trader Funding's profit split work? Apex Trader Funding offers a generous profit split. Successful traders receive 100% of their first $25,000 in profits and 90% thereafter. This competitive split is one of the factors that makes Apex stand out among prop trading firms.