Apex Trader Funding Review (2026)
Apex is the largest futures prop firm by funded-account volume. The 4.0 rebuild in 2026 introduced significant rule changes. Apex runs the most aggressive promotional calendar in the industry — evaluations are frequently discounted 70–90%. Verify all current rules on the official site before purchasing.
| Founded / HQ | 2021 · US |
| Model | 1-step eval · one-time fee · up to 20 accounts |
| Drawdown | EOD Trailing |
| Profit split | 90/10 |
| Eval price (50K) | $167 one-time |
| Activation fee | Per account (varies) |
| Payout speed | 24–48h · Wise / ACH / Plane |
| Consistency rule | See official site |
| Daily loss limit | None (EOD accounts) |
| Max accounts | 20 |
| Max contracts (50K) | 10 minis |
| Instant funding | No |
| Algos / EAs | Limited |
| US traders | Allowed |
| Platforms | NinjaTrader, Tradovate, TradingView, WealthCharts, Rithmic |
Apex runs a single-phase evaluation: hit the profit target without breaching the EOD trailing drawdown and you advance to a funded Performance Account. There are no resets on 4.0 accounts — fail or expire means purchasing a new evaluation. Apex runs heavy promotional sales most months (70–90% off), which keeps the cost-per-attempt among the lowest available when timed correctly.
4.0 accounts use EOD trailing drawdown that updates once at session close. The drawdown locks permanently once it reaches the starting balance plus a set buffer, giving you a stable floor once you've built enough profit cushion. The EOD model means intraday swings don't affect the floor — only the closing balance counts.
Apex allows up to 20 copy-traded funded accounts simultaneously — the highest account cap in the industry. This is the firm's clearest structural advantage for traders who have a proven, repeatable strategy and want to scale capital across multiple concurrent accounts.
Apex operates a 90/10 profit split. Each payout requires compliance with the consistency rule and account balance above the safety net. There is a lifetime payout cap per Performance Account. Verify the exact split structure, consistency rule percentage, and payout requirements on the official site — these details changed with the 4.0 rebuild.
Apex earns its market position on price and scale. Bought on sale and traded consistently, it's one of the lowest cost-per-attempt paths to funded futures trading. The 4.0 rebuild changed the rules substantially — read the current terms carefully before purchasing.