United StatesSummary
Apex Trader Funding is one of the largest futures prop firms in the world. Since version 4.0 of its rules (March 2026), it offers two drawdown types and keeps its flagship promise: 100% of profits on the first $25,000 withdrawn.
A safe bet in futures, provided you fully master its payout rules.
Overview
Based in Texas and active since 2021, Apex built its reputation on aggressive promotions and very large payout amounts. It is often the first futures firm index traders discover.
Evaluations (Apex 4.0)
Two formats: intraday trailing drawdown ($249 for a 50K) or end-of-day drawdown (EOD, $490 for a 50K) with a $1,000 daily loss limit. On a 50K, the target is $3,000 with a $2,000 drawdown and a maximum of 6 contracts.
Payouts
You keep 100% up to $25,000 withdrawn in total, then 90%. To withdraw you need 5 qualifying days, a $500 minimum, a safety net and a 50% consistency rule.
Withdrawals follow a six-step ladder: on a 50K the first is capped at $1,500 and the sixth at $3,000. The rules are demanding, so read them in detail before you start.
Challenges and conditions
- Price
- $249
- Target
- $3,000
- Daily loss
- —
- Max loss
- $2,000
- Profit split
- 100% → 90%
- Price
- $490
- Target
- $3,000
- Daily loss
- $1,000
- Max loss
- $2,000 EOD
- Profit split
- 100% → 90%
| Payout frequency | After 5 qualifying days |
|---|---|
| Payout speed | 6-step payout ladder |
| Markets | Futures, Indices, Commodities, Crypto |
| Platforms | Rithmic, Tradovate, WealthCharts |
Public prices excluding promotions, verified in October 2026. Conditions change: check the official site before buying.
Trading rules
| News trading | Allowed (gambling-style strategies banned) |
|---|---|
| EAs and bots | Supervised semi-automation only |
| Weekend and overnight | No (flat by 4:59 pm ET) |
| Minimum days | 5 qualifying days |
| Consistency rule | 50% |
| Minimum withdrawal | $500 |
Rules checked in October 2026. Check any point not listed here in the firm's official terms.
Strengths and weaknesses
Strengths
- 100% of profits on the first $25K
- EOD drawdown option
- Professional futures platforms
- Frequent promotions
Weaknesses
- Complex payout rules (ladder, consistency)
- Demanding intraday drawdown
- Futures only
Who is it for?
A good fit if you…
- Are a disciplined index futures trader (NQ, ES)
- Want to keep 100% of your first gains
- Run several accounts
Avoid if you…
- Are a beginner (complex payout rules)
- Trade Forex/CFDs
Apex Trader Funding against competitors
 Apex Trader Funding |  FundedNext |  Topstep | |
|---|---|---|---|
| YourFunding score | 8.4/10 | 9.0/10 | 8.8/10 |
| From | $249 | $549 | $49/mo |
| Profit split | 100% then 90% | 80 → 95% | 90% |
| Payout frequency | After 5 qualifying days | Guaranteed within 24h | After 5 winning days |
| Max capital | $6M | $300K | $750K |
| Founded | 2021 | 2022 | 2012 |
| Platforms | Rithmic, Tradovate, WealthCharts | MT4, MT5, cTrader, Match-Trader | TopstepX, NinjaTrader, Quantower |
| Payouts | 8.8 | 9.6 | 8.8 |
| Rules | 7.4 | 9.0 | 8.4 |
| Price | 8.2 | 8.2 | 8.6 |
| Support | 7.8 | 9.0 | 8.8 |
| Reputation | 8.6 | 9.1 | 9.6 |
Score breakdown
FAQ Apex Trader Funding
What is the profit split at Apex?
100% up to $25,000 withdrawn in total, then 90%.
Intraday or EOD?
Intraday is cheaper but its drawdown follows your gains in real time. EOD is more comfortable, with an added daily limit.
How much can you withdraw at first?
On a 50K, the first withdrawal is capped at $1,500, then the cap rises across six steps.
