Welcome to the world of Apex Trader Funding, where trading reaches new heights! I’m Apex Trader, your guide in this fascinating realm. Today, we’ll focus on a crucial aspect for any trader aspiring to succeed with Apex Trading: a deep understanding of the prop firm’s rules.
Apex Trader Funding, established in 2021 and based in Austin, Texas, has quickly become a benchmark in futures trading. This firm offers the unique opportunity to trade without risking your own capital, emphasizing a set of clear and structured rules to ensure the success and safety of its traders.
In this article, I will guide you through the essential rules of Apex Trader Funding. From the rule of consistency in trading to the management of withdrawals, including account fees and trading platforms, every aspect will be thoroughly examined. These rules are not meant to restrict you, but to guide you toward an effective and secure trading practice.
Prepare to dive into the details that will make you a well-informed funded trader at Apex Trader Funding. Whether you are a beginner or an experienced trader, this introduction to the prop firm guide will provide you with the keys to navigate confidently in futures trading.
Are you ready to master the rules of the game at Apex Trader Funding? It’s time to discover what makes this prop firm successful. Let’s go!
Here is Your Guide to Understanding Apex Trader Funding Rules
Apex Trader Funding Evaluation Rules: Key Points for Success
Achieving the Profit Target Without Exceeding the Maximum Drawdown
To successfully complete your evaluation, it is essential to reach the set profit target without exceeding the maximum drawdown limit of your account. A deep understanding of the « Trailing Threshold Drawdown » is crucial in this process.
Minimum of 7 Trading Days
A key requirement is to trade for at least 7 market days, which do not have to be consecutive. This rule ensures that your evaluation reflects consistent trading performance over a sufficient period.
Adherence to the Code of Conduct
Professionalism is a top priority at Apex Trader Funding. Respecting their Code of Conduct is imperative to maintain high standards of trading.
Account Security
It is imperative not to let anyone else trade on your behalf and to keep your login credentials secure. The confidentiality of your account is essential.
Using Rtrader/Tradovate for Monitoring
To effectively monitor the maximum drawdown and have a backup solution to close trades, using Rtrader or Tradovate is recommended.
General Guidelines for Evaluation Accounts:
- Closing Trades Before End of Day:
It is imperative to close all positions and cancel all pending orders before 4:59 PM ET each trading day. - Trading on Holidays:
Trading is allowed on holidays if markets are open. However, half-holiday days do not count as active trading days. - Specific Closing for Certain Market Categories:
Some markets, such as agricultural products, have specific rules for closing hours. It is important to be informed about these specifics.
Trader’s Responsibility in Case of Infraction:
If you fail to close your positions before the end of the day, it could lead to the disqualification of your account, especially in the case of contracts expiring on the same day. Active management of your account, including awareness of contract renewal dates, is your responsibility.
Key Rules for PA and Prop Accounts at Apex Trader Funding
Personal and Responsible Trading
At Apex Trader Funding, it is essential that the PA or Prop account is managed exclusively by the account holder. Sharing trading responsibilities with others is strictly prohibited.
Limits on Trading Automation
The use of fully automated trading bots, algorithms, or other forms of complete automation is prohibited for PA and Prop accounts. However, semi-automation software is allowed, provided that the trader actively monitors and manages each operation. The presence and supervision of the trader are mandatory to ensure that trading rules are respected.
Prohibition of News-Based Trading
Trading based on news, including directional strategies or « straddle » and « strangle » strategies around news announcements, is strictly prohibited. Traders must stick to their usual trading system, respecting standard entry rules.
Consistency and Discipline in Trading
Apex Trader Funding values traders who adopt a consistent trading plan, with a constant position size, and who aim for regular account growth. Trading practices seeking significant and unpredictable gains, or based on quick withdrawal strategies, are contrary to the firm’s principles.
Code of Conduct and Professionalism
Each trader is expected to follow the company’s Code of Conduct, treating all participants with respect and professionalism. This includes interactions on social media, in trading rooms, and in any other form of communication.
Responsibility and Active Management
Traders must ensure that all orders and positions are closed before the end of the day. In case of failure, this can lead to the disqualification of the account, especially in case of trading on contracts expiring on the same day.
Planning and Consistency
Consistency in position size and risk management is crucial for long-term success. Random changes in position size, excessive risk-taking, or attempts at lucky gains are not the traits sought in a trader.
Withdrawal Terms at Apex Trader Funding
Withdrawals at Apex Trader Funding are governed by specific rules designed to ensure a smooth and transparent payment process for traders. Understanding these terms is essential for effective management of your earnings. Here are the key points to remember:
- Profit Sharing:
Traders receive 100% of the first $25,000 in earnings, then 90% of additional profits. - Withdrawal Request Dates:
Requests can be made from the 1st to the 5th and from the 15th to the 20th of each month, with payments made respectively on the 15th and the last day of the month. - Continuity of Trading:
You can continue to trade immediately after requesting a withdrawal. It’s important to manage your account as if the funds have already been withdrawn, respecting the minimum thresholds to avoid failing the account. - Funding Period:
Once a withdrawal request is submitted, it cannot be modified or canceled. Make sure your account meets the minimum balance required for the withdrawal request. - Interval Between Withdrawals:
A minimum of 10 trading days is required between each withdrawal request. - Minimum and Maximum Withdrawal:
The minimum withdrawal amount is $500 for all accounts. The first three months of withdrawals are subject to a maximum withdrawal amount, which varies depending on the account size. From the fourth month, there is no maximum withdrawal amount, provided that the minimum account balance is maintained. - Tax Management:
As an individual contractor, you are responsible for managing your own tax obligations.
For a more detailed understanding of the withdrawal terms at Apex Trader Funding, including in-depth explanations on maximum withdrawal amounts, tax considerations, and other important nuances, I invite you to read my complete article on the subject. This article will provide you with all the information necessary to effectively manage your withdrawals and maximize your success as a funded trader at Apex.
🔗 Read the full article on withdrawals at Apex Trader Funding
Trading Consistency Rule: A Pillar at Apex Trader Funding
Consistency in trading is a crucial element for any trader collaborating with Apex Trader Funding. This prop firm, by emphasizing strict rules of trading consistency, aims to establish long-term and fruitful partnerships with its traders.
Logical and Strategic Approach: Key to Success at Apex Trader
Apex Trader Funding not only appreciates consistency; the firm also values traders who adopt a strategic and thoughtful approach. It is crucial to develop a well-structured trading plan that includes precise objectives, effective risk management strategies, and rigorous market analysis methods. Such a plan ensures that every trading decision, made each trading day, is based on solid information and clear logic.
Integrity and Responsibility in Trading
At Apex Trader Funding, transparency and ethics in trading are paramount. The firm advocates responsible and ethical trading practices, thus emphasizing the importance of respecting established rules and limits. Attempts to manipulate the market or strategies aimed at rapid and significant gains in a single operation are strictly prohibited. Similarly, Apex ensures that the average size of traders’ positions remains aligned with that established during the qualification phase, promoting a consistent and controlled trading approach.
Withdrawal and Risk Management: The 30% Rule
Prudent risk management is essential at Apex Trader Funding. The 30% rule stipulates that no more than 30% of a principal account’s balance should come from the profits of a single trading day, thus favoring a balanced distribution of gains and ensuring a stable progression of the trader.
Practical Illustration of Apex Trader Funding’s Consistency Rule
Let’s imagine a scenario where a trader wishes to withdraw 2,000 USD from a 50,000 USD account. To comply with the 30% rule at Apex, it is essential that this amount is not primarily the result of profits from a single trading session. This approach encourages a measured and thoughtful trading strategy, fundamental for longevity and success in the world of futures trading.
Example for the Consistency Rule at Apex Trader Funding
In this example, we will illustrate how the 30% consistency rule applies at Apex Trader Funding. The following table shows a sequence of 10 trading days, with the profits made each day, the balance of the master account, and the percentage of the day’s profit relative to the targeted withdrawal of 2,000 USD.
| Trading Day | Daily Profit (USD) | Master Account Balance (USD) | % of Daily Profit Relative to $2,000 Withdrawal | Comments |
| 1 | 200 | 50,200 | 10% | |
| 2 | 150 | 50,350 | 7.5% | |
| 3 | 100 | 50,450 | 5% | |
| 4 | 300 | 50,750 | 15% | |
| 5 | 250 | 51,000 | 12.5% | |
| 6 (Not Adhered) | 1,500 | 52,500 | 75% | Violation of the 30% Rule |
| 7 | 100 | 52,600 | 5% | Recovery |
| 8 | 150 | 52,750 | 7.5% | Recovery |
| 9 | 200 | 52,950 | 10% | Recovery |
| 10 | 250 | 53,200 | 12.5% | Recovery |
In this scenario, the column « % of Daily Profit Relative to $2,000 Withdrawal » indicates the percentage of each day’s profit in relation to the planned withdrawal amount of $2,000.
On Day 6, there is a violation of the 30% rule because the profit for that day ($1,500) represents 75% of the planned withdrawal amount of $2,000. On the following days, the trader returns to a strategy more in line with the requirements of Apex Trader Funding, potentially allowing for a withdrawal.
In this example, the trader had to achieve a total of $3,100 in profits over 10 trading days instead of $2,000. This higher amount was necessary to allow for a $2,000 withdrawal while adhering to the 30% rule. This illustrates the importance of consistent and balanced trading strategies to meet the withdrawal criteria at Apex Trader Funding.
Summary of Different Account Types at Apex Trader Funding
At Apex Trader Funding, a range of account options are available to suit the needs of each trader, whether beginner or experienced. Here’s a summary of the available options:
Rithmic Account Options:
Rithmic Full-Size Contract Options:
- Ideal for traders seeking maximum flexibility.
- Allows trading of full-size contracts and micro-contracts.
- No daily drawdown, suitable for traders who prefer a free risk management approach.
Rithmic Static Account Option:
- Features a fixed starting capital and a set contract size.
- Suitable for traders looking for a more structured approach with a clearly defined total drawdown.
Tradovate Account Options:
Tradovate Full-Size Contract Options:
Similar to Rithmic options, offering flexibility in trading on various platforms including TradingView, web browsers, mobile devices, and Mac computers.
Tradovate Static Account Option:
Combines the benefits of Rithmic Static accounts with extended compatibility to different trading platforms.
Activation Cost and Pricing Structure:
Apex Trader Funding offers transparent pricing structures tailored to each account type. Here are the details:
Rithmic NinjaTrader Funding Accounts:
- Ranges from 25K FULL to 300K FULL.
- Monthly rates vary from $147 to $657.
- Benefits include free NinjaTrader licenses and data fees, with profit targets and trailing thresholds adjusted according to account size.
Tradovate NinjaTrader Funding Accounts:
- Also ranging from 25K FULL to 300K FULL.
- Monthly rates range from $167 to $677.
- Additional benefits include compatibility with various platforms, including TradingView and Tradovate.
Start Now Static Accounts:
- For those who prefer to start with a fixed initial capital of $100,000.
- Available at a monthly rate of $137 for Rithmic and $157 for Tradovate.
For a more detailed exploration of the account types and funding programs offered by Apex Trader Funding, refer to the comprehensive article: « Apex Trader Funding: Account Types and Funding Programs. » This resource provides additional information and clarifications that might be decisive in your choice of account.
Now that you have a better understanding of the accounts available, let’s examine the tradable assets with Apex Trader Funding. The diversity and quality of available assets can significantly influence your trading strategy and outcomes.
Diversity and Wealth of Tradable Assets at Apex Trader Funding
At Apex Trader Funding, traders have access to a wide range of financial instruments, allowing for a diversity of trading strategies. Here’s an overview of the available assets:
Instruments Available on Rithmic/NinjaTrader:
- Equity Futures:
Various options like E-mini S&P 500, Mini-DOW, Russell 2000, and others, offering opportunities in major stock indices. - Interest Rate Futures:
Micro 10 Year Yield Futures, 2-Year Note, and more, for those interested in the interest rate market. - Currency Futures:
Options such as the Australian Dollar, Euro FX, and Japanese Yen, ideal for forex traders. - Agricultural Futures:
Instruments like corn, wheat, and soybeans, attractive for traders specialized in agricultural commodities. - Energy Futures:
Crude Oil, Natural Gas, and others, for traders focused on the energy market. - Metal Futures: Including gold, silver, and copper, perfect for traders interested in precious metals.
- Micro Futures:
More accessible options like Micro E-Mini S&P 500 and E-Micro Gold, offering a more affordable entry into the markets. - Cryptocurrencies:
Micro Bitcoin and Micro Ethereum, for those wanting to venture into cryptocurrency trading.
Instruments Available on Tradovate/NinjaTrader:
In addition to the similar selection to Rithmic/NinjaTrader, Tradovate offers additional assets, including:
- EUREX Futures:
DAX Index, Mini-DAX, Euro Stoxx 50, and others, for exposure to European markets. - ICE Futures:
Mini-MSCI Emerging Mkt, US Dollar Index, Sugar No. 11, and more, offering diversity in futures contracts for commodities and indices.
This extension of options on Tradovate allows traders to benefit from increased diversity, particularly in European markets and commodity futures contracts, in addition to the rich selection already available on Rithmic/NinjaTrader.
With such a range of financial instruments, Apex Trader Funding offers traders the ability to develop diversified strategies, tailored to their trading preferences and goals. Whether you’re interested in trading indices, currencies, commodities, energy, metals, or cryptocurrencies, Apex has an option for you.
Conclusion: Master the Rules to Excel at Apex Trader Funding
The key to success at Apex Trader Funding lies in understanding and applying its essential rules. By mastering these guidelines, from performance evaluation to adherence to the code of conduct, you position yourself for a fruitful and secure trading experience. Apex’s rules are not just constraints; they are beacons guiding towards a disciplined, thoughtful, and strategic trading practice.
At Apex, each rule is designed to support your growth as a trader, providing a framework that promotes consistency, accountability, and methodical progression. Whether you’re a beginner trader aspiring to develop your skills or an experienced trader looking to maximize your opportunities, a thorough mastery of these rules will allow you to fully exploit the potential offered by this leading prop firm.
This guide is just an introduction to the fundamental rules of Apex Trader Funding. To continue your exploration and deepen your understanding of their trading ecosystem, I encourage you to visit the official website and familiarize yourself with all the nuances that will make you an informed and funded trader at Apex.
It’s Time to Take Action with Apex Trader Funding
Impressed by the possibilities offered by Apex Trader Funding and ready to embark on this exciting adventure? It’s a bold and promising decision. Thanks to our collaboration with the prop firm Apex Trader Funding, I’m pleased to offer you an exclusive promotional code.
🔔 Take advantage of the « Apex Trader Funding Special Offer » and use your associated Apex Trader discount code. This offer is regularly updated to ensure the best possible conditions for you.
Ultimately, your success at Apex Trader Funding will depend on your ability to integrate these rules into your daily strategy. Seize this unique opportunity to shape your future in the exciting world of futures trading.