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Apex Trader Funding review 2026

Futures evaluation firm with simulated EOD and Intraday drawdown evaluations leading to a funded Performance Account

MyPropGenius rating ★ 2.3/5 (Transparency Index ÷ 20)

At a glance

  • Profit split: up to 100%
  • Markets: Forex, Futures, Commodities
  • Transparency Index: 47/100 (Mixed)

Checked 8 October 2026

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100%
Kept until $25K profit (homepage)
$177/month
Cheapest legacy list price
Up to 20
Accounts per trader (homepage)
Futures
Markets

Overview

Apex Trader Funding is a futures evaluation firm. Its pages name the operator as Apex Trader Funding Inc., with a mailing address in Austin, Texas. The help centre lists two current evaluation paths, both leading to a funded Performance Account (PA): an End of Day (EOD) trailing drawdown path and an Intraday trailing drawdown path. The homepage also says its Legacy evaluation accounts have returned across six balance tiers and three platforms, available only while the promotion lasts.

The firm says its programmes are simulated: all activity uses virtual funds, no real capital is at risk and no live market execution occurs. A notice repeated across its pages says its services are intended for U.S. users only, while other pages say traders from over 100 countries can take part. We set out both below.

The pages we could save from this site were limited. We could not see prices, profit targets or drawdown amounts for the current EOD and Intraday accounts, so this review is short and says where information is missing.

Everything in this review comes from Apex Trader Funding's own web pages, saved on 7–9 October 2026. Rules and prices change, so check the firm's site before you buy.

Key highlights

Pros

  • The homepage says traders keep 100% of profits until they reach $25K
  • The homepage advertises "One Time Fees – No recurring billing" (legacy accounts are billed monthly)
  • The About page says news and holiday trading are not restricted
  • Trading too many contracts rejects the trade rather than failing the account, according to the About page
  • Legacy plans on Tradovate, WealthCharts and Rithmic, with help-centre guides for Rithmic and NinjaTrader

Cons

  • Prices, profit targets and drawdown amounts for the current EOD and Intraday accounts were not on the pages we could save
  • Evaluation and Performance Accounts are simulated, and access to a live account is not guaranteed
  • Payouts are discretionary under the firm's terms, although the homepage says "No Payout Denials"
  • The firm's pages differ on whether non-US traders can sign up
  • Legacy accounts are billed monthly until cancelled

Verified facts at a glance

Highest profit splitUp to 100% 1
Firm's wording: “keep 100% of your profits until you reach $25K”
PlatformsNinjaTrader, Rithmic, Tradovate, WealthCharts 123
Allowed / offered on at least one account type
  • Trailing drawdown 12
Rules can differ between account types — check the linked page for the account you want.
US tradersAccepted (check any conditions on the linked page) 1

Programmes and prices

Current evaluations: EOD and Intraday

The help centre describes an EOD Drawdown evaluation and an Intraday Drawdown evaluation, each as a path to a funded Performance Account. The homepage asks visitors to customise their selections to see pricing; our copy of the page did not include the resulting prices, so we cannot list them. The homepage advertises one-time fees with no recurring billing, in contrast to legacy accounts. It shows "Standard | No Activation Fee", and elsewhere mentions "Pay activation fee"; our copy does not show which option that second line belongs to. The homepage also lists Instant PAs as "coming soon".

Legacy evaluations

The Legacy Products page calls these "a different program than other product offerings", offered for a limited time across six balance tiers on three platform plans (Tradovate, WealthCharts and Rithmic). The list prices are monthly:

Legacy account (starting capital)List price
$25,000$177 per month
$50,000$197 per month
$100,000$397 per month
$150,000$597 per month
$250,000$697 per month
$300,000$797 per month

The page also shows a lower monthly price for each size "with Coupon Code"; we show the list price. The homepage says legacy accounts stay on recurring billing until cancelled. A one-time activation fee applies when a legacy evaluation is converted to a funded Performance Account. The homepage also carries the line "No longer available for new purchases"; our copy does not show which product it refers to.

Promotions

A site-wide banner advertises a coupon code for evaluations of any size. The coupon page says coupon codes cannot be applied to resets or PA activation fees, and only apply to new account signups, not to existing accounts or billings.

Trading rules

Current EOD and Intraday accounts

The homepage lists rule headlines without amounts: "EOD Drawdown", "Intraday Options", "Daily Loss Limits", "NO MAE Rule", "NO Eval consistency rules" and "50% Consistency". It also says you can pass in as little as one day. Our copy of the page does not tie each headline to the EOD or the Intraday account, and does not give profit targets, drawdown amounts or daily loss amounts, so we do not state them.

The help centre names the two account types "EOD Trailing Drawdown Accounts" and "Intraday Trailing Drawdown Accounts". Its Rithmic setup guide tells traders to check their trailing max drawdown in the RTrader dashboard and says the auto-liquidation threshold reflects this value.

Legacy accounts

The Legacy Products page lists, for each size, a profit target ("the profit target you must reach to pass the evaluation"), a "Trailing Threshold" and a maximum number of contracts. The contract limits shown on the page range from 4 minis (40 micros) to 35 minis (350 micros). We have not reproduced the per-size profit targets, thresholds or contract limits, because our copy of the page does not reliably show which figure belongs to which size. The homepage says legacy evaluations can still be reset.

Contract limits

The About page says its plans cap contracts at the maximum allowed: if you trade too many contracts, the trade is rejected and the account is not failed.

Restrictions and prohibited strategies

The About page says traders can trade during the news and on holidays, and that the firm does not restrict traders during holidays, news, or other cumbersome rules. It also says traders can trade any strategy that suits them. The Terms of Use say trading privileges may be revoked at any time based on performance or rule violations.

We could not capture the firm's detailed rules on automated trading, copy trading, hedging or other specific strategies, so we do not say whether they are allowed.

Payouts and scaling

The homepage says traders keep 100% of their profits until they reach $25K, and describes "100% Requested Rewards – No split in Sim Funded". Our copy does not say what split applies after $25K. The Terms of Use describe payments as a portion of net trading profits paid as performance-based compensation.

On timing, the homepage shows "5 Trading Days for Payouts" and "5 trading days between rewards", and describes the process from request and approval to an ACH transfer. It says there are no payout reviews, no video reviews of trading and no chart screenshots needed.

The homepage also says "No Payout Denials". The firm's disclaimers say reward payouts are discretionary and subject to eligibility, compliance and applicable tax laws, and the Risk Disclosure says any decision to grant or deny a reward payout is final. We note both statements; the disclaimers are the firm's formal terms.

The homepage lists "Built In Scaling" and says traders can trade up to 20 accounts. We could not see how the scaling works.

Platforms and markets

The legacy accounts are sold as Tradovate, WealthCharts and Rithmic plans. The help centre has guides for installing Rithmic RTrader Pro and for connecting NinjaTrader to Rithmic, and notes that Rithmic allows only one market data session at a time. The About page says a free NinjaTrader licence and free real-time data are included. The homepage notes that certain exchanges are only available on the Tradovate platform. It also says there are multiple platforms to choose from, but our copy does not name them for the current EOD and Intraday accounts.

The firm says it focuses on the futures markets exclusively. The homepage lists equity, currency, agricultural, energy, metal and micro futures.

Company and terms

Operator and status

The site names Apex Trader Funding Inc., 2028 E. Ben White Blvd Ste 240-9873, Austin, TX 78741, marked as a mailing address only. Its Terms of Use describe the company as a Texas corporation headquartered in Austin, Texas. The About page says Apex Trader Funding was founded in 2021.

The firm says it does not provide investment advice and is not a broker-dealer, futures commission merchant or financial advisor. Its Risk Disclosure says it is not regulated by financial regulatory authorities.

Simulated accounts

The restricted-countries page says both Evaluation and Performance Accounts are simulated rather than live trading accounts, and the Risk Disclosure says users never deposit funds into any trading account. The Terms of Use also refer to a Live Market Proprietary Account User Agreement, under which traders may trade live markets with capital provided by Apex. The Risk Disclosure says participation does not guarantee access to a Live Market Proprietary Account.

Who can sign up

The firm's pages differ here. A notice repeated across its pages says services are intended for U.S. users only, and the Risk Disclosure says the services are not directed at, or intended for, residents outside the United States. The restricted-countries page says traders from over 100 countries can take part and that Canadian traders can fully use the services (the page adds that, as a Canadian, you cannot purchase a LIVE account with Tradovate); the About page says the service is available globally where allowed by law. The restricted-countries page has a list of countries the firm cannot service with new or additional accounts, but our copy does not include the country names.

The same page says you must hold a valid government-issued ID from a non-restricted country, and that your primary residence, mailing address and bank account must be in a non-restricted country. Using a payment method issued in a restricted country is prohibited and is grounds for immediate account termination.

Who it suits

Apex suits futures traders who are comfortable with simulated evaluation and funded accounts and who use NinjaTrader, Rithmic, Tradovate or WealthCharts. Traders who want to compare exact prices and drawdown amounts for the current EOD and Intraday accounts will need to check the firm's site, as we could not capture them. Traders outside the United States should read the firm's eligibility statements first, because its pages differ on who the service is for.

MyPropGenius Rating

MyPropGenius Rating: 2.3/5 — its Transparency Index score of 47/100 ÷ 20, rounded down

The rating measures how openly Apex Trader Funding discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.

Is Apex Trader Funding legit?

Entity (Apex Trader Funding Inc.), jurisdiction (Texas corporation) and a mailing address are disclosed, and the firm states plainly that it is not a broker-dealer/FCM, is not regulated and that accounts are simulated. The operating company is named, but we did not find any founder, owner or team member named on the pages we read, including the About page. We did not find refund or cancellation terms on the pages we read. The homepage gives only aggregate payout claims; the 'Payouts' link goes to the logged-in dashboard. The earliest Internet Archive (Wayback Machine) copy of its homepage is from 16 Sep 2021 and the firm says it was founded in 2021, so more than three years.

Its Transparency Index score is 47/100 (Mixed). We do not verify payouts or test accounts; this is what the firm’s own pages show.

Ready to look at Apex Trader Funding?

Check the current rules and prices on the firm's own website before you buy.

We have no commercial relationship with Apex Trader Funding. Links to its website are not affiliate links.

Our verdict

Apex Trader Funding offers simulated futures evaluations with EOD and Intraday drawdown paths, plus monthly-billed legacy accounts sold as Tradovate, WealthCharts and Rithmic plans. Its homepage advertises keeping 100% of profits up to $25K, but its formal terms make payouts discretionary, and its pages differ on whether non-US traders are served. Check current prices and rules on the firm's site before buying, as we could not capture them for the EOD and Intraday accounts.

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Frequently asked questions about Apex Trader Funding

Simulated. The firm says both Evaluation and Performance Accounts are simulated rather than live trading accounts. Its terms also mention a separate Live Market Proprietary Account, but participation does not guarantee access to one.

The homepage says traders keep 100% of their profits until they reach $25K. The pages we saved do not say what applies after that. The firm's terms say reward payouts are discretionary.

The firm's pages differ. A notice repeated across its pages says services are intended for U.S. users only, while the restricted-countries page says traders from over 100 countries can take part, subject to ID, residence and bank account checks.

The legacy accounts are sold as Tradovate, WealthCharts and Rithmic plans, and the help centre has guides for Rithmic and NinjaTrader. The About page says a free NinjaTrader licence is included.

The About page says traders can trade during the news and that the firm does not restrict traders during news or holidays.

The Legacy Products page lists monthly list prices from $177 per month for a $25,000 account to $797 per month for a $300,000 account. Legacy accounts stay on recurring billing until cancelled.