RULES FOR EVALUATION ACCOUNTS AT APEX TRADER FUNDING
Apex Trader Funding is a trader funding company located in Austin, Texas, specializing in futures markets. Founded by Darrell Martin, the company stands out for its straightforward rules and focus on risk management, profit, and contract size. It offers evaluation accounts with only a 7-day trading evaluation step, no scaling requirements, no daily drawdowns, and allows trading during news events and holidays. The paid performance accounts offer 100% of the first $25,000 in profit, then 90% of the earnings thereafter. Apex Trader Funding is known for its reliable payouts and efficient customer support.
The rules for evaluation accounts at Apex Trader Funding are characterized by their simplicity and flexibility. The accounts allow for the trading of full-size futures contracts, with no restrictions on the number of contracts (excessive trades are simply rejected without account failure). There is no daily drawdown, allowing traders to trade during holidays and significant news periods. The focus is on risk management with a broad live drawdown threshold. Traders can trade according to the strategy that best suits them, with real-time data included and the ability to own multiple accounts.
The rules for Apex Trader Funding accounts are designed to test traders' ability to manage risks and achieve consistent profits. Key features include:
- No daily drawdown limit: Traders are not restricted by a daily loss limit.
- Trading during news and holidays: Traders can operate during significant news periods and holidays.
- Risk management with a live drawdown threshold: The rules are focused on effective risk management.
- Flexible trading strategies: Traders can use the strategy that best suits them.
$25,000 Evaluation Account:
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Monthly Fee: $147.00
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Profit Target: $1,500
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $1,500
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Maximum Number of Contracts: 4 mini contracts / 40 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days
$50,000 Evaluation Account:
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Monthly Fee: $167.00
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Profit Target: $3,000
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $2,500
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Maximum Number of Contracts: 10 mini contracts / 100 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days
$75,000 Evaluation Account:
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Monthly Fee: $187.00
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Profit Target: $4,250
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $2,750
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Maximum Number of Contracts: 12 mini contracts / 120 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days
$100,000 Evaluation Account:
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Monthly Fee: $207.00
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Profit Target: $6,000
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $3,000
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Maximum Number of Contracts: 14 mini contracts / 140 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days
$150,000 Evaluation Account:
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Monthly Fee: $297.00
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Profit Target: $9,000
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $5,000
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Maximum Number of Contracts: 17 mini contracts / 170 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days
$250,000 Evaluation Account:
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Monthly Fee: $517.00
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Profit Target: $15,000
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $6,500
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Maximum Number of Contracts: 27 mini contracts / 270 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days
$300,000 Evaluation Account:
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Monthly Fee: $657.00
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Profit Target: $20,000
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Maximum Daily Loss: None
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Total Loss Allowed on the Account: $7,500
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Maximum Number of Contracts: 35 mini contracts / 350 micro contracts
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Minimum 7 Trading Days in Evaluation
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Withdrawals every 15 days