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Apex Trader Funding

Leading prop firm4.2(user rating)

Trade big, together at Apex Trader Funding

An established prop firm with up to 20 paid simulated accounts (PA) at once, with cumulative nominal sizes of up to $3M

Buy now at Apex

copies the code and opens the Apex

All plans and prices
Discount codeAXPAYLESS

The current discount is on the deals page. To the deals page

Affiliate link: we may earn a commission, it doesn't cost you more.

Verified on What's new

Evaluation from
$167Intraday Trail 25K, list price
Profit split
100%of the approved payout, on the new plans
PA accounts at once
20at most, including Legacy
Evaluation validity
30dayson the new plans, with no reset and no extension

Daily position close-out

16:59 ET (New York time)

Trader closes manuallyReopens: 18:00

Restricted countries

86 countries and regions

The check is based on your country of residence.

Country list, holidays and sources

Countries the firm doesn't serve (86)

Afghanistan, Algeria, Azerbaijan, Bahrain, Bangladesh, Belarus, Benin, Brunei, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, China, Congo - Brazzaville, Côte d’Ivoire, Cuba, Cyprus, Egypt, Eritrea, Gabon, Grenada, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Jersey, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lesotho, Liberia, Libya, Madagascar, Maldives, Mauritania, Mauritius, Moldova, Mongolia, Morocco, Mozambique, Myanmar (Burma), Namibia, Nepal, New Caledonia, Nicaragua, Niger, Nigeria, North Korea, Oman, Pakistan, Palestine, Papua New Guinea, Qatar, Réunion, Russia, Rwanda, Saudi Arabia, Senegal, Serbia, Somalia, South Africa, South Sudan, Sri Lanka, St. Pierre & Miquelon, Sudan, Syria, Tanzania, Togo, Trinidad & Tobago, Tunisia, Türkiye, Uganda, Ukraine, Uzbekistan, Vanuatu, Venezuela, Vietnam, Western Sahara, Yemen, Zambia, Zimbabwe

While traveling

While you're in a restricted country, you can't buy an account, request a payout or trade. Payment methods from a restricted country are prohibited.

Holidays and special hours

On holidays the close is earlier.

On a Live account you close by 16:50 ET.

Sources: Country list (updated ), Trading hours

Checked . The lists change, and the official source prevails.

Closing times of all firms

Overview

Trading platforms

RithmicRithmicTradovateTradovateNinjaTraderNinjaTraderTradingViewTradingViewWealthChartsWealthChartsDeepChartDeepChart

DeepChart: on Rithmic accounts. Support refers to the connection option only, not a free DeepChart license.

Payment methods

By credit card:

VisaVisaMastercardMastercardDiscoverDiscover

Payout methods

PlanePayment via

Bank transfer

How many accounts you can hold - the full funnel

  1. Step 1

    Evaluations

    Unlimited

    You can hold as many evaluations as you want - there is no cap on the number of accounts.

  2. Step 2

    PA's (Performance Accounts)

    • Up to 20 PA accounts in total, across all types and sizes, including Legacy.
    • A simulated account with payouts. The status is granted after the evaluation is approved and activation is completed within 7 calendar days.
  3. Step 3

    Live Funded

    • You start with One live account.
    • By invitation only. You can gradually grow to up to 5 live accounts, and on moving over the sim accounts are closed or disabled.

Summary: unlimited evaluations → Up to 20 accounts of PA in total → Live trading by invitation, from one to five accounts, instead of the simulation accounts.

Funding plans

Evaluation phase · sim funding · live funding

Intraday Trail - the full journey

Intraday trailing drawdown · one-time payment · cheapest entry price

  1. Evaluation phase - Intraday Trail

    Pay once and get 30 days. Reach the target without the balance touching the threshold, which rises with every peak, even of profit you haven't realized yet.

    No reset and no extension. Touched the threshold or 30 days went by? You buy a new evaluation.
    Evaluation phase - Intraday Trail
    Parameter$25,000$50,000$100,000$150,000
    Evaluation price - Standard$167$249$790$1,190
    Evaluation price - No Activation Fee (activation included)$690$799$999$1,890
    5-pack price - Standard$374.80$475$1,725$4,950
    5-pack price - No Activation Fee$2,950$3,450$4,450$8,950
    Profit target$1,500$3,000$6,000$9,000
    $1,000$2,000$3,000$4,000
    Drawdown typeIntraday, based on peak balance, including unrealized profit
    The threshold stops rising (Rithmic and WealthCharts)On Tradovate the threshold keeps trailing$26,500$53,000$106,000$159,000
    None
    Contract limit4 minis / 40 micros6 minis / 60 micros8 minis / 80 micros12 minis / 120 micros
    Minimum trading daysNone, one day is possible
    Time limit30 calendar days
    ResetNone
    None

    List prices before the AXPAYLESS discount code. The actual price varies with the deal running at the time.

    Standard or No Activation Fee?
    • It's exactly the same evaluation. With No Activation Fee, activation is already built in.
    • במבצע הפעיל: 90% הנחה על המבחנים בשני הווריאנטים, כולל חבילות של 5. דמי הפעלת PA ב-Standard משתנים לפי גודל התיק, $89 עד $149, ואינם בהנחה.
    • In the No Activation Fee variant, the activation fee remains $0.

    Reach the target without touching the threshold. After 18:00 ET the account is marked Passed, and you have 7 days to activate the PA.

  2. Sim funded stage (Performance Account - PA)

    Still a simulation, but from here you withdraw real money. The threshold locks above the starting balance once you reach the safety net.

    How to reach this stage: Pay the activation fee within 7 days of the Passed mark. The account is created within up to 6 hours.

    There is no reset for a PA account. Touching the threshold closes it permanently.
    Sim funded stage (Performance Account - PA)
    Parameter$25,000$50,000$100,000$150,000
    Activation fee - StandardAs shown in Apex's plan selector on 14.10.2026. Verify at checkout.$89$99$129$149
    Activation fee - No Activation Fee$0
    $1,000$2,000$3,000$4,000
    Threshold locks at$25,100$50,100$100,100$150,100
    When the peak reaches $26,100$52,100$103,100$154,100
    Starting contracts up to a maximum of1 to 22 to 43 to 64 to 10
    $500 to $1,250$1,000 to $3,000$1,750 to $3,500$2,500 to $4,000
    50%
    2 days with $50 net in every 30 days
    MAE and 5:1 ratioNone
    Contract tiers and daily loss limit - 25K
    Contract tiers and daily loss limit - 25K
    Cumulative profitMini contractsDaily loss limit (DLL)
    Less than $1,0001$500
    $1,000 to less than $2,0002$500
    $2,000 and up2$1,250

  3. Payout rules

    5 qualifying days, a balance above the safety net, consistency below 50%. All conditions together. Up to six payouts, then the account closes.

    Payout rules
    Parameter$25,000$50,000$100,000$150,000
    Qualifying daysThe payment methods article shows the 8-day Legacy rule5 (not necessarily consecutive)
    Profit per qualifying day$100$200$250$300
    Safety net for the life of the account$26,100$52,100$103,100$154,100
    Minimum balance to request$26,600$52,600$103,600$154,600
    Minimum payout$500
    Profit split100% to the trader
    Cap - payout 1$1,000$1,500$2,000$2,500
    Cap - payout 2$1,000$2,000$2,500$3,000
    Cap - payout 3$1,000$2,500$3,000$3,000
    Cap - payout 4$1,000$2,500$3,000$4,000
    Cap - payout 5$1,000$3,000$4,000$4,000
    Cap - payout 6$1,000$3,000$4,000$5,000
    After payout 6Account closes
    Time to receive5 to 11 business days

    Payout example:

    Intraday 50K account. You've accumulated 5 days of $200 or more, total profit $3,400, balance $53,400, best day $1,100.

    Consistency: $1,100 divided by $3,400 = 32%, you pass. You withdraw only above the safety net: $53,400 minus $52,100 = $1,300, below the first cap ($1,500). You receive 100% of the amount.

    If one day was $2,000 out of $3,400 (59%), the payout is blocked until the profit grows, and the account is not failed.

  4. Moving to a live account (Apex Live)

    By invitation only. Once you move, all sim accounts are closed, and the profit left in them is recorded in the Bonus Vault.

    How to reach this stage: Apex reviews discipline, consistency, total payouts and profit pace. Official example of what triggers a review: three consecutive payouts from the same PA account.

    If you decline the invitation: the account is fully disabled, the Bonus Vault is cancelled, and Apex pays a final reward of $3,000 within 30 days.
    Moving to a live account (Apex Live)
    ParameterLive account
    Starting balance$0
    End-of-day drawdown$3,000
    Threshold lockLocks at $100 above the balance after $3,100 in profit
    Account closureat a balance of $100 or less
    Number of accountsSame as the number of PA accounts at the time of the move, up to 5. The next one after a profit of $4,500
    PayoutsDaily, $500 minimum, no cap, only above $3,100
    Payout processing timeUp to 48 hours
    Profit split90% to the trader
    Closing positionsBy 16:50 ET
    Bonus Vault
    • The Bonus Vault is not cash. It pays out 20% of your live payouts each month until it is empty.
    • In the first live account the payment is 40%, from the first payout until the end of that month.
    • Payment is made on the 15th of the following month, and only if the live account is active.
    Live account tiers
    Live account tiers
    ParameterBalanceMini contractsDaily loss limit (DLL)
    Tier 1$0 to $10,00010None
    Tier 2$10,000 to $25,00025$5,000
    Tier 3$25,000 to $50,00030$10,000
    Tier 4$50,000 and upPersonalizedPersonalized

Apex Trader Funding: the full explanation of the plans, rules and payouts

Discount code

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The current discount is on the deals page. See the deals for Apex Trader Funding

Buy now at Apex

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Rules and regulations

Pros

  • Up to 20 PA accounts at once, and you may copy trades between your accounts in the same direction.
  • On the new plans, 100% of the approved payout goes to the trader.
  • You can pass the evaluation in one day, with no minimum days and no consistency in the evaluation.
  • The new plans have no MAE and no 5:1 risk ratio.
  • Real-time data and NinjaTrader are included in the price.

Limits

  • The evaluation expires after 30 days, and there is no reset.
  • Only 7 days to activate the PA after passing, no extension.
  • A new PA account closes after six payouts.
  • EOD is more expensive than Intraday at every size, and for smaller accounts, it's twice as much or more.
  • The payout rules differ between Intraday, EOD and Legacy, and it's easy to get confused.

What fails the account

  • IntradayTouching the threshold is enough to fail the evaluation or close the PA account.
  • EODThe set threshold is enforced in real time in the next session, including open loss. It doesn't rise during the session, but a drop in balance can reach it and fail the account.
  • Intraday, EODIf in the same move the account also touched the drawdown threshold, the account fails. The DLL is not protection against failing.
  • PAThere is no reset for a PA account. Touching the threshold closes it permanently.
  • PAOn day 30 the account closes, payout eligibility is lost, and it cannot be restored.
  • Intraday, EODThe 7-day window closes before midnight ET on the seventh day and cannot be extended. If you miss it, you need to pass a new evaluation.
  • Holding a position through the market close is prohibited. The penalty: loss of the accounts and balances.
  • Legacy PAFirst violation: a warning. Repeat: loss of payout eligibility and removal of profits.

Rules are shown for the plan selected in the plans table: Intraday Trail (intraday trailing drawdown)

  • Maximum loss (drawdown) on the Intraday plan

    Blows the account

    The threshold updates with the peak balance during trading, including unrealized profit, and does not go down after a loss.

    More details
    • Touching the threshold is enough to fail the evaluation or close the PA account.
    • In the evaluation: on Rithmic and WealthCharts the threshold stops rising at the profit-target balance level. For example, in a 50K evaluation, a peak of $55,000 puts the threshold at $53,000. On Tradovate, trailing continues in the evaluation.
    • In a PA account the threshold locks at a different level. In a 50K account, when the account peak reaches $52,100, the threshold locks at $50,100. $52,100 is the required account peak, $50,100 is the locked failure threshold.
    • Do not apply the PA lock rule to the evaluation phase.

    Drawdown sizes in the evaluation

    Drawdown sizes in the evaluation
    SizeProfit targetDrawdownMini contracts in the evaluation
    25K$1,500$1,0004
    50K$3,000$2,0006
    100K$6,000$3,0008
    150K$9,000$4,00012

    The Intraday evaluation has no daily loss limit (DLL). The contract limit in the evaluation is not the starting contract count in the PA account.

  • Daily loss limit (DLL)

    Restricted

    The Intraday evaluation has no DLL. The PA account does have a daily loss limit that changes with the Scaling tier.

    More details
    • Hitting the DLL closes positions and stops trading for the rest of the session. It does not fail the account by itself.
    • If in the same move the account also touched the drawdown threshold, the account fails. The DLL is not protection against failing.
    • The DLL is not the same as the drawdown, and it is not Legacy's MAE rule.

  • Evaluation phase: payment, time and rules

    Restricted

    The payment is one-time and grants 30 consecutive calendar days from the purchase date, including weekends and holidays.

    More details
    • No auto-renewal, no extension and no Reset. Expiry or failure requires buying a new evaluation, and the balance does not carry over to it.
    • There's no minimum trading days requirement. You can pass in one day when the profit target and the other rules are met, and passing isn't guaranteed.
    • The evaluation has no consistency rule and no Scaling.
    • A risk management strategy with a pending or mental stop is required. There is no blanket requirement for Bracket orders with a stop and take profit on every trade.
    • Standard and No Activation Fee are pricing variants only, not a different drawdown method.

  • Passing and activating a PA account

    Restricted

    Hitting the target during the day is not the same as a Passed approval. The check is made at the end of the session at 16:59:59 ET.

    More details
    • A passed evaluation is marked Passed after 18:00 ET.
    • A passed evaluation is locked for trading. If it's the only active evaluation, market data stops until the PA account is activated.
    • Once the evaluation is marked Passed, a 7-calendar-day activation window opens, even if you passed on the last day of the evaluation period.
    • The 7-day window closes before midnight ET on the seventh day and cannot be extended. If you miss it, you need to pass a new evaluation.
    • The PA account is created within 6 hours at most. An activation after the Friday close is created on Sunday at 18:00 ET.
    • In the Standard variant, you need to complete activation and payment through the Passed Evals area.
    • In the No Activation Fee variant the PA fee is $0. The expiry of an activation-fee deal does not create a new charge in this variant.
    • A PA account is a simulated account that pays real rewards, of the same size and type as the evaluation, and it is not a Live account.
    • The activation payment belongs to the specific account and isn't a recurring subscription. The term Lifetime refers to the life of the account, subject to its rules.

    The activation fee is determined by the account variant: Standard at list price, and for No Activation Fee the price is $0. List prices may be updated; confirm the amount at checkout before payment.

    Contracts and DLL at the start of a PA account

    Contracts and DLL at the start of a PA account
    SizeMini contracts at the start of PAMini contracts maxDLL at the start of PA
    25K12$500
    50K24$1,000
    100K36$1,750
    150K410$2,500

    The tier is set by the previous session's closing balance, can go up or down, and does not change mid-session. The conversion ratio is 10 micro contracts per mini contract.

    Scaling tiers in a PA account: 25K

    Scaling tiers in a PA account: 25K
    Cumulative profitMini contractsDLL
    Less than $1,0001$500
    $1,000 to less than $2,0002$500
    $2,000 and up2$1,250

    The official Scaling page has a printed overlap around $5,999 on the 50K plan. Here we use the $6,000 boundary, which appears explicitly in the DLL table. The discrepancy is documented and has not been resolved beyond that.

  • 50% consistency rule

    Restricted

    The highest profitable day must be less than 50% of the net profit accumulated in the relevant period.

    More details
    • The calculation resets after an approved payout. Losses shrink the denominator.
    • Breaching the ratio only blocks payout eligibility; it does not fail the account.
    • The rule applies to PA accounts. There is no consistency rule in the evaluation phase.

    The official consistency article is inconsistent: the text requires less than 50%, while some examples mark exactly 50% as sufficient. The explicit rule is shown here. Exactly 50% is not shown as guaranteed eligibility.

  • Activity requirement in a PA account

    Blows the account

    At least two days with a net profit of $50 or more are required in every rolling window of 30 calendar days.

    More details
    • Just opening a trade or a breakeven day does not count.
    • After 15 days without activity the account is marked dormant, and alerts are sent on day 15 and day 20.
    • On day 30 the account closes, payout eligibility is lost, and it cannot be restored.

  • Assets and trading hours

    Allowed

    Futures on the CME, CBOT, NYMEX and COMEX exchanges, including minis and micros.

    More details
    • In the sim accounts, positions must be closed before 16:59 ET, and the new trading day opens at 18:00 ET.
    • 16:59 ET is 23:59 Israel time. During the weeks of 25 to 31.10.2026 and 14 to 25.03.2027, it's 22:59 Israel time.
    • Agricultural markets close earlier: cattle at 14:05 ET, grains at 14:20 ET.
    • Crypto: only Micro Bitcoin and Micro Ether. EUREX contracts are available on Tradovate only.
    • On holidays the market closes earlier.

  • News trading, automation and prohibited activities

    Restricted

    Trading during news is allowed as part of a regular strategy.

    More details
    • You may copy trades between your PA accounts, under a personal or business name, as long as they're all in the same direction. Copying trades with other traders is prohibited. In Legacy, a PA account may not be operated by a copy service or mirroring software.
    • Holding a position through the market close is prohibited. The penalty: loss of the accounts and balances.
    • No Stockpiling: buying discounted evaluations to burn through them in cycles.
    • You may not use the drawdown threshold as a stop, and a strategy of a small target with a disproportionately large stop is prohibited.
    • Trading without a pending or mental stop is prohibited.
    • You may not use a credit card or bank account that is not in your name.
    • No VPN, proxy or cloud server for concealment, and no sharing of MAC, IP, computer or card.
    • You may not hold more than one user account.
    • HFT, exploiting erroneous fills, exceeding the contract limit and orders in both directions are prohibited.
    • Automation or algorithms that trade instead of the trader are prohibited, as are hedging and exploiting the simulation environment.

  • Commissions, data and platforms

    Included in the priceLevel 1 real-time data, worth $55.

    More details
    • NinjaTrader worth $75, on Rithmic and Tradovate.
    • A Tradovate license on Tradovate accounts.

    Paid add-ons

    • Market depth on Rithmic: $10 per exchange, or $30 for all exchanges.
    • EUREX data on Tradovate: $23 per month.

    ES / NQ commissions per side

    ES / NQ commissions per side
    PlatformCommission per side
    Rithmic$1.99
    Tradovate$1.55
    WealthCharts$1.55 (MES $0.52)
    • No refunds, and you can't change size, type or platform after purchase.
    • Rithmic does not run natively on Mac.

  • Live trading: Apex Live

    How to get inBy invitation only. Apex reviews discipline, consistency, total payouts and profit pace.

    More details
    • Official example of what triggers a review: three consecutive payouts from the same PA account.
    • Once selected, all evaluations close, with a refund on active evaluations only, and all PA accounts are disabled. The profit in open accounts is recorded in the Bonus Vault.

    Bonus Vault

    • The Bonus Vault is not cash. It pays out 20% of your live payouts each month until it is empty.
    • In the first live account the payment is 40%, from the first payout until the end of that month.
    • Payment is made on the 15th of the following month, and only if the live account is active.
    • If you decline the invitation: the account is fully disabled, Apex pays a final reward of $3,000 within 30 days, and the Bonus Vault is canceled.

    Live account structure

    • One live account, starting balance $0, end-of-day (EOD) drawdown $3,000, locking at $100 above the start after a profit of $3,100. The account closes at a balance of $100 or less.
    • The number of accounts matches the number of PA accounts at the time of the move, up to 5. You start with one, and the next opens after a profit of $4,500.
    • Daily payouts, minimum $500, no cap, only above $3,100. Processing within 48 hours. Split 90/10.
    • Close positions by 16:50 ET, earlier than the sim accounts.

    Live account tiers

    Live account tiers
    TierBalanceMini contractsDLL
    1$0 to $10,00010None
    2$10,000 to $25,00025$5,000
    3$25,000 to $50,00030$10,000
    4$50,000 and upPersonalizedPersonalized

  • Account limits

    Restricted

    Up to 20 active PA accounts in total, combining all types and sizes, including Legacy. There aren't 20 accounts for each plan separately.

    More details
    • The limit is per household: it also includes anyone who lives with you, companies you own and all connections on Rithmic, Tradovate and WealthCharts.
    • Exceeding the limit: no payout eligibility, and forfeiture and a ban are possible.
    • Only one open invoice at checkout at any given time.
    • One personal user account and one business account per person, aged 18 or over.
    • Distinguish between the user account and the trading accounts. A personal account and a business account are not a way around the limit.

  • Bundles of 5 accounts

    A bundle includes five separate evaluations of the same type and size, all created at purchase and sharing the same period of 30 days.

    More details
    • Unused evaluations cannot be saved for later activation.
    • Passing or failing one account does not affect the others, and PA eligibility is assessed for each account separately.

    מחירי החבילות לקוחים מבוחר המחירים הרשמי של Apex. הנחת 90% עם קוד AXPAYLESS חלה גם על החבילות: לדוגמה חבילת Intraday 25K עולה $374.80 במחירון ו-$37.48 עם הקוד, כלומר $7.50 לתיק. דמי הפעלת PA בחבילות Standard משולמים בנפרד לכל תיק שעובר.

Payouts and payment

What's new recently at Apex Trader Funding

Latest changes in rules, prices, and plans, by the date they were updated on the site.

  1. prices

    Apex's list price updated according to the official price list

    Intraday: $167 / $249 / $790 / $1,190 (25K to 150K). EOD: $490 / $590 / $1,190 / $2,190. Legacy: $177 to $697 (25K to 250K). PA activation fees have also been updated according to account size: $89 to $149 for Intraday and $109 to $159 for EOD.

  2. Payouts

    100% of payout to trader in the new plans

    For Intraday and EOD, the trader receives 100% of the approved payout. First request after 5 qualifying days, minimum $500, and the money arrives within 5 to 11 business days. For Legacy, the split remains 90%, with 8 trading days between payouts.

  3. Plans

    Legacy is back on sale

    You can again buy new Legacy evaluations, not just reset existing accounts.

All 5 Changes in the journal

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FAQ

Everything you need to know about Apex Trader Funding

Written by Shlomi Buzaglo

Accounts, failure threshold and payouts

Evaluation, activation and prices

Fees, hours and more questions

Apex Trader Funding

Deals available at Apex Trader Funding

90%off

Hot deal

Apex Legacy - 90% in the first month and 80% on renewal

90% off on the first month for all Legacy evaluations and 80% off on renewal months, with code AXPAYLESS. The renewal price is 20% of the base price. Legacy is sold for a limited time only, as long as Apex's deal lasts.

  • 90% הנחה על החודש הראשון
  • 80% off renewal months
  • All Legacy sizes
  • Code AXPAYLESS
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90%off

Hot deal

Apex - 90% off Intraday and EOD evaluations

90% off Intraday and EOD evaluations of all sizes, in Standard and No Activation Fee, and also on 5-evaluation bundles, with code AXPAYLESS. A bundle of 5 evaluations costs 10% of the bundle list price, for example an Intraday 25K bundle: $374.80 list price and $37.48 with the code, which is $7.50 per account. The discount does not apply to PA activation fees.

  • 90% off Intraday and EOD evaluations
  • Includes 5 bundles: Intraday 25K from $37.48 per bundle
  • Valid for all sizes
  • Code AXPAYLESS
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View all PAYLESS deals

Apex deals with AXPAYLESS

  • Legacy: 90% off for the first month and 80% for renewing months.
  • Intraday and EOD: 90% off all evaluations of all sizes, including packages of 5 evaluations.
  • An Intraday 5K package of 25 costs $37.48 for the five accounts, meaning $7.50 per account.

The code AXPAYLESS is entered in the coupon field at checkout. You must use the PAYLESS link and this code only.

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