Apex Trader Funding (ATF) was founded by Darrell Martin in 2021 and is a proprietary trading firm based in Austin, Texas, USA. As we at Trading Funder help traders navigate the world of prop firms, we’ve observed that Apex Trader Funding’s legitimacy is well-established, with over 6,700 day traders worldwide endorsing them on Trustpilot. ATF is known for sending payouts on time and providing excellent customer support, which is crucial for traders seeking reliable funding opportunities.
What sets Apex Trader Funding apart, as noted by our Trading Funder team, is its fewer rules compared to competitors and the ability to trade on multiple accounts using a trading copier tool. However, it’s important to be aware of the profit target, trailing threshold, and specific trading hours that the firm imposes, which could influence your trading strategy.
ATF offers eight different account sizes, catering to various budgets and trading styles. After purchasing an account to begin the challenge, traders receive their login credentials via email and can choose from platforms like Tradovate, Rithmic, and NinjaTrader to start trading.
One key rule for traders during the challenge is to avoid reaching the Trailing Threshold. Additionally, operating within designated trading hours and using specified trading instruments is required.
In this article, our Trading Funder team provides an in-depth analysis of Apex Trader Funding, offering crucial insights to help you evaluate whether this prop firm aligns with your trading goals.
what is Apex Trader Funding?
Apex Trader Funding (ATF) is a prop trading firm established in Austin, Texas by Darrell Martin in 2021. It grants futures traders access to funded trading accounts upon passing a trading evaluation called Evaluation Accounts.
A prop trading firm is a company that trades financial assets using its own capital, not client money. Unlike investment firms, their main goal is direct market profits. Prop trading firms typically employ professional traders who use a variety of strategies to try to generate profits for the firm. Traders are rewarded based on their performance.
who is Apex Trader Funding’s founder?
Apex Trader Funding’s founder is Darrell Martin. He also established ApexInvesting.com, a trading community with over 30,000 members from more than 150 countries. Driven by his experiences with different trader funding entities, Martin founded ATF to provide traders with funded accounts for futures trading. The company has funded nearly a billion dollars and has paid out almost 2 million dollars to traders.
What makes Apex Trader Funding Legit?
Apex Trader Funding is considered legit due to its transparent operations and being founded by a recognized figure, Darrell Martin. The company boasts a 4.8-star rating on Trustpilot from over 6,700 reviews. Traders have reported receiving their payments punctually. Notably, the company is commended for its effective customer service and its transparent evaluation process. All this information indicates that users generally view the company as trustworthy not a scam.
Does Apex Trader Funding send payouts to its traders?
Yes, Apex Trader Funding sends payouts to its traders. They use ACH for US traders and Wise for others. Traders can withdraw their profits twice a month.
Does Apex Trader Funding have good User Reviews and Testimonials?
Yes, Apex Trader Funding has good user reviews and testimonials. On Trustpilot, Apex Trader Funding has a rating of 4.8 out of 5 stars, based on over 6,700 reviews. 91% of these reviews are 5-star ratings, and only 3% of reviews claim that ATF is a scam.
Does Apex Trader Funding have good Customer Support?
Yes, Apex Trader Funding has good customer support. According to user reviews, the company’s customer support team is responsive and helpful. They are available via email, live chat, and phone.
what are Apex Trader Funding’s advantages?
Apex Trader Funding has 7 advantages. Below are ATF’s advantages:
- Flexible Account Sizes: Apex Trader Funding offers various account sizes ranging from $25,000 to $300,000.
- Attractive Payouts: They offer a 100% profit split for the first $25,000 in profits. Then adjusts to a 90/10 split in favor of the trader.
- Easy Rules: Apex Trader Funding has easy and minimum rules. free from daily drawdowns and scaling plans.
- Responsive Support: They have multiple contact methods, including email and live chat.
- Trustworthy: Established as a legitimate company with a physical address and contact number.
- Free license to NinjaTrader Platform: Apex Trader Funding’s Traders use NinjaTrader for free.
- Minimum Trading Days: Traders qualify for a funded account in 7 days.
what are Apex Trader Funding’s disadvantages?
Apex Trader Funding has 4 disadvantages. Below are ATF’s disadvantages:
- No Free Trial: The firm doesn’t offer free trials to potential traders.
- Absence of education center: Apex Trader Funding doesn’t provide any training of any kind.
- Limited to day trading: Apex Trader Funding primarily caters to day traders, which may not be suitable for traders with other strategies.
- Restrictions of some countries: Countries such as South Africa, Russia, and Ukraine are excluded from Apex Trader Funding.
What are Apex Trader Funding’s pricing tiers?
Apex Trader Funding pricing varies from $137 to $657 depending on the chosen account size. The table below lists the fees for each account size:
| Account size | Price |
|---|---|
| 100K STATIC | $137 |
| $25K | $147 |
| $50K | $167 |
| $75K | $187 |
| $100K | $207 |
| $150K | $297 |
| $250K | $517 |
| $300K | $657 |
Does Apex Trader Funding offer price discounts?
Yes, Apex Trader Funding grants discounts on their prices, ranging from 50% to 90%, including an 80% sale option. To receive these discounts, traders should use this Apex Trader Funding discount link and enter either coupon code: TF50 or WQDCQMMC. Those coupon codes are dynamic, They automatically reflect the most recent discount available upon use. Apex Trader Funding applied The discount instantly upon purchasing the evaluation.
Get 75% Off Lifetime & Half Price for Resets! Use Code: TF50
Does Apex Trader Funding allow multiple accounts?
Yes, Apex Trader Funding allows multiple accounts. Day traders can trade 20 Apex Trader Funding accounts at the same time.
How does Apex Trader Funding work?
Apex Trader Funding operates through a streamlined 7-step process to ensure efficiency and accuracy for traders. First, a trader needs to purchase an evaluation account. After the purchase, they will receive credentials via email, which they use to log in to the chosen trading platform. The next step involves achieving the trading objectives while strictly adhering to the set trading rules. Once these objectives are met, the trader stops trading and awaits the next phase. Within two days, the trader receives a funded trading account. The subsequent step is to start earning profits on this funded account. Finally, the trader can withdraw their share of the profits, completing the process.
Does Apex Trader Funding’s Dashboard provide live data?
No, Apex Trader Funding’s Dashboard doesn’t provide live data of trading account balance.
What are Apex Trader Funding Rules?
There are 5 rules for Apex Trader Funding, and the Trailing Threshold rule is the most important one. The 5 rules of Apex Trader Funding are listed below:
- Avoid hitting the Trailing Threshold.
- Prevent others from accessing your account.
- Don’t trade for fewer than 7 trading days.
- Resist trading outside the designated trading hours.
- Exclude trading instruments that are not allowed.
The rules for Apex Trader Funding, like those for many proprietary trading firms or trading competitions, are designed to ensure fair, responsible, and disciplined trading practices. Traders need such rules to ensure disciplined, responsible, and secure trading practices. These guidelines typically focus on risk management, security, consistency, and adherence to a strategic approach.
The table below shows the trailing threshold value and the contract size of every account size:
| Account size | Trailing Threshold | Contract Size |
|---|---|---|
| 100K STATIC | $625 STATIC | 2 (20 Micros) |
| $25K | $1,500 | 4 (40 Micros) |
| $50K | $2,500 | 10 (100 Micros) |
| $75K | $2,750 | 12 (120 Micros) |
| $100K | $3,000 | 14 (140 Micros) |
| $150K | $5,000 | 17 (170 Micros) |
| $250K | $6,500 | 27 (270 Micros) |
| $300K | $7,500 | 35 (350 Micros) |
How does Apex Trader Funding’s Trailing Threshold work?
Apex Trader Funding’s Trailing Threshold sets a loss limit for traders based on their account stage. The limit shifts according to the account size and acts like a moving safety line based on the account’s peak balance. When traders make gains, this safety line rises. The account closes if the balance drops below this line. For paid accounts, this moving line halts once profits exceed the starting amount by $100.
What are Apex Trader Funding’s Trading Hours?
Apex Trader Funding’s trading hours span 23 hours a day, five days a week. Trading starts at 6 PM ET from Sunday to Thursday. However, All trades and open orders should be closed between 4:59 PM ET and 6:00 PM ET daily. The Paid/Funded Account fail If any trade is open or initiated outside the trading hours. For the evaluation phase, Apex Trader Funding closes all trades If any trade is open or initiated outside the trading hours, but trading can resume the next day without account liquidation.
What are Apex Trader Funding’s Instruments?
Apex Trader Funding’s Instruments are listed below:
- Equity Futures: E.g., E-mini S&P 500, Nikkei NKD, E-mini NASDAQ 100.
- Interest Rate Futures: E.g., Micro 10-Year Yield Futures, 2-Year Note, 30-Year Bond.
- Currency Futures: E.g., Australian Dollar, Euro FX, Japanese Yen.
- Agricultural Futures: E.g., Corn, Wheat, Live Cattle.
- Energy Futures: E.g., Crude Oil, Natural Gas, Heating Oil.
- Metal Futures: E.g., Gold, Silver, Copper.
- Micro Futures: E.g., Micro E-Mini S&P 500, E-Micro Gold, Micro Crude Oil.
- Cryptocurrencies: E.g., Micro Bitcoin, Micro Ethereum.
Apex Trader Funding uses which trading platforms?
Apex Trader Funding uses the 15 trading platforms listed below:
- NinjaTrader 8
- Tradovate
- Rithmic RTrader Pro
- WealthCharts
- ATAS
- Bookmap
- EdgeProX
- Finamark
- Jigsaw Trading
- MotiveWave
- Quantower
- Rithmic Trader Pro Mobile
- Rithmic rTraderPro Web
- Sierra Chart
- Volfix
How To Set Up Tradovate for Apex Trader Funding?
To Set Up Tradovate for Apex Trader Funding, traders must follow the following 8 steps:
- Buy the preferred plan.
- Log in to Apex Trader Funding using the provided credentials.
- Locate the “Tradovate Account” section in the dashboard.
- Note down the Tradovate login credentials.
- Login to Tradovate with the login credentials.
- Sign Agreements, and choose “Non-Professional”.
- Select “Simulation” as your trading mode.
- Log out when finished.
How To Set Up Rithmic for Apex Trader Funding?
To Set Up Rithmic for Apex Trader Funding, traders must follow the following 13 steps:
- Buy the preferred plan.
- Download Rithmic rTrader Pro.
- Log in to Rithmic rTrader Pro using the provided credentials.
- Launch the rTrader Pro application.
- Click on “Skip Settings” located at the top right corner.
- Ensure selective mode is turned OFF.
- Paste your Rithmic ID and password.
- choose “APEX” for System.
- select “Chicago Area” For Gateway.
- Ensure market data remains OFF.
- Click “LOGIN”.
- Sign Agreements, and choose “Non-Professional”.
- Log out when finished.
Does Apex Trader Funding allow Trade Copier?
Apex Trader Funding supports Trade Copier for both NinjaTrader and Tradovate, offering platform-specific features and some limitations. Tradovate, while supporting Trade Copier, does not allow Bracket orders within its groups, which might be a key factor for certain trading strategies.
Conclusion Regarding Apex Trader Funding
Apex Trader Funding offers a flexible and accessible platform for futures traders, with a range of account sizes and fewer rules compared to competitors. As Trading Funder has noted, the firm’s standout features include timely payouts, a responsive support team, and the ability to trade on multiple accounts using a trade copier. Traders must be cautious of the Trailing Threshold, which is a key rule during the challenge. With eight account sizes, traders can start with as little as $137 and access advanced platforms like NinjaTrader. Trading Funder’s analysis helps traders navigate Apex’s features and make informed decisions based on their trading strategies.
