Apex Trader Funding Trustpilot (2024)

FAQs

Is apex trader funding real? ›

Since 2021 this firm has been here funding traders from all over the world and shows no signs that's going to stop. With multiple awards gained since its inception, this firm is one of the big references in the Futures Prop Trading world.

Payout Request Periods

Apex Trader Funding allows traders to submit payout requests during specific periods each month. These periods are crucial for managing financial planning and ensuring timely payouts. Understanding these timeframes is essential for maximizing earnings through the platform.

At the time traders submit a withdrawal request, the profit balance in the account cannot consist of more than 30% of the profit balance being from a single trading day, since the first trading day of the PA Account.

In essence, Apex Finance Pro (ApexFinance) is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Apex Finance Pro (ApexFinance) appears to be a scam.

Apex Trader Funding is now a thriving community of over 50,000 traders in 150-plus countries.

Trade whenever you want—23 hours a day, from 6PM one day to 4:59 PM the next day ET. We don't implement rules like daily drawdowns to disqualify you or plans that restrict your scaling. Our plans do not impose any penalties for exceeding the limit, allowing your contracts to be capped at the maximum allowed.

Approvals may happen any time between the 1st and 14th of the month. NOTE!!! Approval DOES NOT MEAN your payment has been sent out. Payments are sent out by the 15th of the month and may take between 3-7 BUSINESS days to reach your bank account.

Retail prop traders will trade in demo accounts, making all profits and losses theoretical, meaning they are not liable for any losses. So, what happens if you lose money on a funded account? Traders who violate the maximum drawdown rule lose access to the account and must pay and pass the challenge again.

Understanding the Rule of 90

According to this rule, 90% of novice traders will experience significant losses within their first 90 days of trading, ultimately wiping out 90% of their initial capital.

The 80% Rule is a Market Profile concept and strategy. If the market opens (or moves outside of the value area ) and then moves back into the value area for two consecutive 30-min-bars, then the 80% rule states that there is a high probability of completely filling the value area.

Does Apex Trader Funding pay? ›

Funding and Payouts: Traders can receive 100% of the first $25,000 in profits and 90% thereafter, with the possibility of receiving payouts twice a month. Since 2023, Apex has paid out over $100 million to its traders, highlighting its commitment to supporting their financial success.

Apex was founded by Darrell Martin, a rancher, and day trader, who successfully built a thriving trader community. Currently, Apex Trader Funding is over 30,000 members strong, in over 100 countries, and growing since 2008. Visit our sister company ApexInvesting.com to learn more about us.

Importantly, the firm operates without strict daily loss limits, allowing traders to maneuver based on market conditions. While Apex Trader Funding is not regulated, it maintains a strong emphasis on transparency and trader support, ensuring a reliable trading environment.

Apex Investment Corporation is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

About Virtual Funds

The Funded Trader challenge and funded accounts are not live trading accounts, they are fully simulated accounts utilizing real market quotes from liquidity providers.

The cost of entering the Apex trading program can range from as low as $137 a month to as high as $675. If you are consistently returning 10% on capital every ten days, this may seem like nothing. But no trader is always 100% correct, and sometimes the markets can have a mind of their own.

Apex Crypto, a trusted platform with millions of accounts, powers some of the most prominent fintech brands. Our turnkey offering offers the security and liquidity that you need to seamlessly integrate crypto products into your platform.