Apex Trader Funding

Not a subscription

An evaluation is bought once and gives 30 consecutive calendar days, weekends and holidays included. It expires automatically at 6:00 PM ET on day 30, cannot be extended, and nothing rebills. If the profit target has not been reached by then the balance does not carry over - a new evaluation starts fresh. Account size and type cannot be changed after purchase, and fees are not refundable or transferable.

Intraday or end-of-day

Intraday Trail measures from the highest equity reached during the session, so unrealised profit moves the threshold. EOD Trail recalculates on the closing balance only and comes with a daily loss limit of $500 (25K), $1,000 (50K), $1,500 (100K) or $2,000 (150K). In both cases the threshold stops trailing once it reaches the starting balance. Hitting it fails the evaluation permanently; there is no reset.

Tighter once funded

Evaluations apply a 30% consistency rule. In a Performance Account the rule is 50%: the largest winning day must be less than half of net profit since the last payout request, or since account inception where no payout has been taken. The account stays active while consistency is short of the mark - the payout simply cannot be requested until the percentage comes back in line.

Or the pass lapses

Once an evaluation is marked passed after 6 PM ET, a Performance Account must be activated within 7 calendar days by paying the activation fee - $89 to $159 depending on size and drawdown type, or nothing at all on a No Activation Fee plan. Miss the window and the activation cannot be reopened; another evaluation has to be passed.

100% of profits, with limits

Apex pays 100% of trader profits. A request needs a $500 minimum and is capped at $1,500 (25K) to $2,750 (150K). The first request comes after 5 trading days; later ones need at least 8 trading days including 5 with $50 or more profit since the previous request. Up to 6 payout requests are allowed, after which the account moves on. Trading may continue while a request is pending.

Including payment origin

Apex cannot service new or additional accounts for residents of a long published list of countries, and using a payment method issued in a restricted country is grounds for immediate termination - whether the transaction succeeded or was declined. While in a restricted country a trader cannot buy accounts, request payouts or place trades. Identity is verified at registration against a narrow list of accepted documents.

One trader, many evaluations

A trader may hold as many as 20 funded accounts at once, and evaluations may be bought in multi-packs. A front-month contract rule applies, and Apex publishes a separate prohibited-activities policy covering practices it treats as gaming the programme.