Apex Trader Funding Rules

Apex Trader Funding is a 1-step prop trading firm that offers 6 account sizes ranging from $25,000 to $300,000. Popular for frequent sales (80-90% off). No daily loss limit in evaluation. Uses intraday trailing drawdown (strictest type). Futures only. The firm supports NinjaTrader, Tradovate, Rithmic, TradingView and gives traders access to futures markets. Expert advisors and automated trading bots are allowed, making it suitable for algorithmic traders. Copy trading is not allowed.

The evaluation uses trailing intraday (floor moves with every tick), which means your drawdown floor moves up in real-time with every new equity high during the trading day. This is the strictest drawdown type. On a $300,000 account, if your equity touches $306,000 even briefly, the floor immediately rises by $6,000 -- even if you give back all those gains.

Notably, Apex Trader Funding does not enforce a daily loss limit during evaluation. This gives traders more freedom on volatile days but also means a single bad day can consume all of your drawdown room if you are not disciplined with position sizing. Profit split starts at 100% and scales up to 90%, with payouts processed monthly (after first month).

Common mistakes traders make on Apex Trader Funding: Misunderstanding the trailing drawdown is the number one account killer. Many traders assume their profits create a permanent cushion, but with trailing intraday (floor moves with every tick), your floor rises with your peak equity. Without a daily loss limit, revenge trading on bad days is the most common way traders blow their accounts. Accidentally trading during restricted news events is another frequent violation. Always check the economic calendar before placing trades. Forgetting to close positions before market close triggers an overnight holding violation, which can end your evaluation regardless of P&L. The consistency rule (No single day > 30% of total profit) catches traders who pass on one lucky day. Spread your profits across multiple sessions. Always verify the current rules on the official rules page before starting.

Who Apex Trader Funding is best for: Experienced scalpers who can consistently produce small, frequent gains without large intraday drawdowns. Futures traders exclusively -- the firm does not offer forex or CFD markets. The entry fee of $147 for the $25,000 account is mid-range compared to competitors.