Trading with a Apex Trader Funding reduces risk compared to using personal funds, thanks to the firm's substantial capital, you can receive real payouts by trading simulated accounts. Experienced or not, this is the best way to protect capital.
With fast response times, their support team works quickly and efficiently through your issues so you can spend more time focusing on your trading.
If you want to shop around, you should, but nowhere else is it more affordable to become funded with a trusted firm like Apex Trader Funding. With constant deals going on throughout the year, and whether you are experienced or not, Apex Trader Funding will have the best prices and best payouts.
These are the main things to focus on when deciding whether or not to go with Apex:
1. They have a live trailing drawdown that follows your overall highest UNREALIZED profit balance.
2. They have an upfront cost for the evaluation, and then a monthly subscription fee after that. Once you pass into a funded account, that will come with either a monthly or lifetime fee.
3. Unlike other prop firms, you can have up to 20 Performance Accounts, and you can have as many Evaluation Accounts as you want.
4. There is no Daily Drawdown. They do have 100K accounts that offer a 'Static Drawdown.'
5. You can use more contracts than other prop firms allow.
6. No fully automated trading allowed.
7. To pass an evaluation, you need to meet the profit goal and have 1 individual trading day.
8. You receive 100% of the first 25k and then 90% after, when in a Performance Account.
9. To get a payout, you need to have traded for 10 days and have met the profit goal without breaking any of the rules laid out on their FAQ.
10. You can trade during the news in Evaluation, but in Performance Accounts, you may get denied a payout if it looks like you are a windfall trader.
YES! Their support team usually answers within 24hrs and are very helpful.
If your payment info is setup correctly, and your request is approved, the payments can take 2-7 business days depending on the institution you are banking with. Check out their new payout process!