Apex Trader Funding Review ?

When it comes to futures prop trading, selecting a reliable firm is the top priority. Since there are not many prop firms offering these specific asset classes, the choices are limited, and safety and reliability become even more important. Apex Trader Funding is a futures prop firm offering funded account challenges since 2021. Traders can select between two account options with diverse funded amounts and there are also several options for trading platforms.

In this Apex Trader Funding review, we are going to assess the firm’s most critical features such as safety, assets, funded account types, platforms, fees, support, and more. After reading this review, you will be able to define whether you can trust this prop firm for your futures trading goals.

?️Safety & Security of Apex Trader Funding

The safety of a prop firm is the most important factor and should be assessed first. Apex Trader Funding was launched in 2021 giving it years of experience in the prop trading industry which adds to its safety and legitimacy. Generally, experienced prop firms are less likely to be scams and fraud.

While Apex Trader Funding lacks trader reviews on the FPA, traders assess its services very positively on the Trustpilot. When thousands of traders assess the firm’s services with a 4.8 score, the firm should be doing things right. So, the firm is reliable in this aspect as well.

Another important aspect of evaluating the firm’s safety is whether it offers trading services through a regulated broker partner. While we could not find the exact list of partner brokers, Apex Trader Funding claims to be offering services through regulated brokers. So, we can not confirm or deny if this is true.

Overall, Apex Trader Funding presents itself as a reliable futures prop trading firm that has been around for some time and has positive trader feedback online.

? Available Assets on Apex Trader Funding

Apex Trader Funding is mainly a futures prop firm, meaning it only offers futures as the main asset class. However, these futures are offered on many trading assets including equity futures, interest futures, currency futures, agricultural futures, energy, metal, micro, and crypto futures. Despite the availability of various asset classes that can be traded in the form of futures, futures trading requires a different approach and skill than traditional financial assets.

The number of instruments in each future is as follows:

• Equity futures – 6 (E-mini S&P 500, Nikkei, etc)
• Interest futures – 6
• Currency futures – 7
• Agricultural futures – 8
• Energy futures – 6
• Metal futures – 7
• Micro futures – 8
• Crypto futures – 2 (Micro Bitcoin, Micro Ethereum)

As we can see, there are around 50 different futures offered in diverse asset classes, which is advantageous for experienced futures traders who want to speculate on several underlying assets.

?️ Apex Trader Funding Account Types

Depending on the trading platform preferred by the trader, Apex Trader Funding offers two funded account types, Rithmic Plan, and Tradovate Plan funded accounts. The Tradovate account comes with the Tradovate platform while the Rithmic Plan offers NinjaTrader.

? Apex Trader Funding Rithmic Plan is not compatible with the Tradovate platform and traders have to trade on a NinjaTrader. The funded options include 25k, 50k, 75k, 100k, 150k, 250k, 300k, and 100k USD (Static) amounts. All funded options here are full except for the last 100k static which does not have a trading threshold but comes with daily risk limits of 625 USD. All the Full funded options have a 6% profit goal, a 3% trailing threshold, and no daily risk limit requirement. Scaling is not possible for the Rithmic Plan. NinjaTrader license and real-time data feed fees are included in the monthly subscription fee.

? Apex Trader Funding Tradovate Plan is compatible with Tradovate trading platform but traders can also opt for Ninjatrader. This funded option by Apex Trader Funding has similar funded options such as 25k, 50k, 75k, 100k, 150k, 250k, 300k, and 100k static USD amounts. Here again, the static 100k funding has a daily risk limit of 625 dollars while having no trailing drawdown. All other funded options have a trailing drawdown from 3%, and there is no daily risk limit requirement. Scaling is not possible and traders have to carefully select their preferred funded amount right from the start which is a downside for this funded account as well. Traders will have to pay 100 dollars to ensure they can reset their challenge in case they fail to pass which is slightly more expensive than the previous account.

Apex Trader Funding Tradovate Plan is compatible with numerous platforms and devices including TradingView, mobile trading app, and web browsers. Mac users should also opt for this account. Tradovate license, NinjaTrader license, and real-time data fees are all included in the monthly subscription prices.

Overall, Apex Trader Funding account options are diverse and offer flexibility to traders. However, the rules still seem strict and do not leave room for mistakes and traders must exercise superior risk management practices to pass any of the firm’s evaluations.

? Apex Trader Funding trading fees

Fees are a crucial part of prop trading and low fees are always preferable, especially for beginners. There are two types of fees, one-time fees and monthly subscription fees. Among futures prop firms like Apex Trader Funding, monthly subscription fees are more popular while Forex prop firms typically offer one-time fees. Let’s list all the monthly fees to compare the two accounts more accurately and define if the firm is competitive.

? Apex Trader Funding Rithmic Plan has the following monthly subscription fee structure:

• Funded option: 25k USD Full – Monthly fee: 147 USD per month
• 50k USD Full – 167 USD
• 75k USD Full – 187 USD
• 100k USD Full – 207 USD
• 150k USD Full – 297 USD
• 250k USD Full – 517 USD
• 300k USD Full – 657 USD
• 100k USD Static – 137 USD

? Apex Trader Funding Tradovate Plan

• Funded option: 25k USD Full – Monthly fee: 167 USD per month
• 50k USD Full – 187 USD
• 75k USD Full – 207 USD
• 100k USD Full – 227 USD
• 150k USD Full – 317 USD
• 250k USD Full – 537 USD
• 300k USD Full – 677 USD
• 100k USD Static – 157 USD

As we can see, the firm offers monthly fees starting from 137 USD and can be considered an expensive firm, as there are many other reliable futures prop firms offering lower monthly fees for their funded accounts.

Apex Trader Funding free repeat is not available but traders can pay 80 dollars to reset any funded challenges in case they fail to pass.

? Platforms and Mobile Trading at Apex Trader Funding

Trading platforms play a crucial role in prop trading as they allow traders to analyze markets and quickly place their orders. This is why advanced trading platforms with high execution speeds are more important to have. Apex Trader Funding offers several trading platforms including NinjaTrader, Tradovate, and TradingView for their traders.

All these platforms are very useful for futures trading and NinjaTrader and TradingView offer many advanced capabilities including custom indicators and automated trading robots.

However, for a full mobile trading experience, traders have to select the second funded account type, the Tradovate Plan as only these funded accounts support mobile trading and web trading, allowing traders to trade on the go. Because of this, these accounts are slightly more expensive than the Rithmic Plan and make it very costly for traders to trade on the go on Apex Trader Funding-funded accounts.

? Education and research tools offered by Apex Trader Funding

Education is paramount in prop trading as traders have to implement strict risk management strategies to pass the challenges and avoid breaching risk limits.

Apex Trader Funding offers both educational resources and trading tools which is very beneficial for traders. There is a free education, tools, and trade room available allowing traders to learn along the way. This is always a good sign to see with prop trading firms, especially with futures prop firms as these assets require special skills and knowledge.

? Customer Support of Apex Trader Funding

Apex Trader Funding also provides excellent support services and has dedicated help desks where traders can use live chat, hotline, and email options to quickly contact the firm and resolve any issues. What’s more beneficial, all the support forms together wot the website are available in plenty of languages, making the firm truly an international futures prop firm.

❓ FAQs on the Apex Trader Funding