Apex Trader Funding
Best DiscountsThe cheapest, most beginner-friendly futures firm — frequent 80-90% discounts.
Scoring Breakdown
Pros
- Both End-of-Day (EOD) and Intraday Trailing evaluations available after March 2026 update
- 100% profit split on new 2026 PAs (100% on first $25K then 90% on legacy PAs)
- Frequent 80-90% discount promotions
- Up to 20 funded Performance Accounts simultaneously
- Simple 1-step evaluation with no evaluation consistency rule
- NinjaTrader, Tradovate, Rithmic & TradingView supported
Cons
- Intraday trailing drawdown tracks unrealized open equity peaks
- 50% consistency rule on new PAs (30% on legacy PAs) can delay payout requests after outlier days
- Maximum 6 payouts per Performance Account under 2026 rules
- Safety net (drawdown buffer + $100) required for payouts
- All positions must close before 4:59 PM ET
Overview
Apex Trader Funding offers one of the simplest and most trader-friendly futures evaluations. Known for frequent discount promotions and a straightforward 1-step evaluation.
Founded in 2021 and based in United States, Apex Trader Funding operates as a Futures evaluation provider with $35M+ in cumulative firm-reported payouts. Traders can choose from 1-Step program across account sizes from $25,000 up to $300,000, with a maximum capital allocation of $300,000.
Who Apex Trader Funding Fits Best
Traders seeking 1-Step funding on NinjaTrader, Tradovate, TradingView who can stay within a None on Intraday plans / Fixed DLL on EOD plans daily and $1,500–$7,500 (EOD or Intraday Trailing, locks at safety net) maximum drawdown cap while targeting a 100% on first $25K, then 90% profit split (every 5 qualifying profit days (up to 6 payouts per pa) payouts after after 5 qualifying profit days (new pas) / 8 trading days (legacy pas)).
Key Rules to Verify Before Buying
Check the $1,500-$20,000 Phase 1 target (no Phase 2 target), 1+ day (Eval) / 5 qualifying profit days per payout cycle (PA) minimum trading days, and consistency policy (50% consistency rule on new 2026 PAs (30% on legacy PAs)) on official terms before checkout.
How Apex Trader Funding Compares to Top Alternatives
Side-by-side comparison of rules, fees, drawdown limits, and payout terms against peer Futures firms.
| Metric | Apex Trader Funding | TopStep | The5ers Futures |
|---|---|---|---|
| Overall Rating | 4.4/5 | 4.5/5 | 4.4/5 |
| Entry Fee | From $147/month | From $49/month | From ~$150 (one-time, no monthly subscription) |
| Profit Split | 100% on first $25K, then 90% | 90% (100% on first $10K for legacy accounts) | 80-90% |
| Profit Target (P1) | $1,500-$20,000 | $3,000–$9,000 (6%) | 6-7% ($1,500-$9,000 depending on tier) |
| Daily / Max Drawdown | None on Intraday plans / Fixed DLL on EOD plans / $1,500–$7,500 (EOD or Intraday Trailing, locks at safety net) | Optional session pause ($1,000–$3,000 Personal Daily Loss Limit) / $2,000–$4,500 (EOD Trailing) | Daily Loss Limit triggers a temporary pause (positions closed, trading resumes next session) / 3.3%-6% EOD (End-of-Day), not intraday trailing |
| Time Limit | 30-day evaluation cycle | Subscription-based (no calendar deadline) | No time limit (single upfront fee keeps evaluation active until passed or breached) |
| First Payout | After 5 qualifying profit days (new PAs) / 8 trading days (legacy PAs) | After 5 winning days ($150+ each) or 3 days on 40% Consistency path | 14 calendar days after reaching funded stage |
| Platforms | NinjaTrader, Tradovate, TradingView | TopstepX, NinjaTrader, Tradovate | NinjaTrader, Quantower, Tradovate |
Challenge Rules & Trading Style Matrix
Core evaluation thresholds and strategy permissions checked against Apex Trader Funding program rules.
Pricing & Account Sizes
Code HNLAPEX80 saves 80% at checkout| Account Size | Standard Fee | With 80% Off | Profit Target | Drawdown Limits |
|---|---|---|---|---|
| $25,000 | $147/mo (often 80% off) | $2956/mo | $1,500 | $1,500 EOD or Intraday Trailing |
| $50,000 | $167/mo (often 80% off) | $3356/mo | $3,000 | $2,000 EOD / $2,500 Intraday |
| $100,000 | $207/mo (often 80% off) | $4156/mo | $6,000 | $3,000 EOD or Intraday Trailing |
| $150,000 | $297/mo (often 80% off) | $5956/mo | $9,000 | $4,000 EOD / $5,000 Intraday |
| $250,000 | $517/mo (often 80% off) | $10356/mo | $15,000 | $6,500 Intraday Trailing |
| $300,000 | $657/mo (often 80% off) | $13156/mo | $20,000 | $7,500 Intraday Trailing |
Trading Conditions
Features
Payout Process
Frequently Asked Questions
Is Apex Trader Funding legit?
Yes, Apex is a verified futures prop firm founded in 2021 with over $35M+ (and $400M+ cumulative reported across cohorts) in trader payouts.
What changed in Apex Trader Funding's March 2026 rule update?
Apex introduced End-of-Day (EOD) trailing evaluations alongside Intraday Trailing accounts, updated the funded PA consistency rule from 30% to 50% on new accounts, shifted payout cycles to 5 qualifying profit days, and capped each new PA at 6 payouts.
What is the Apex profit split?
New 2026 Performance Accounts pay a 100% profit split on eligible payouts (up to the 6-payout cap per PA). Legacy PAs pay 100% on the first $25,000 in lifetime profits and 90% thereafter.
When can I request my first Apex payout?
On newer 2026 Performance Accounts, you can request a payout after completing 5 qualifying profit days (meeting your tier's daily profit minimum) and satisfying the 50% consistency rule and safety-net buffer. Legacy PAs require 8 trading days (at least 5 with $50+ profit) and a 30% consistency rule.
Available Discount Codes
Apex Trader Funding
Our Verdict
The most affordable and beginner-friendly futures prop firm with frequent massive discounts. With a 100% on first $25K, then 90% profit split, 1-Step evaluation, and a stated payout window of 1-5 business days, Apex Trader Funding is worth comparing — provided its funded-stage rules suit your strategy.
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