Austin futures prop firm selling one-time-fee EOD and intraday trailing evaluations from $25K to $150K.
Founded
2021 (5 years)
Headquarters
Austin, United States
CEO
Darrell Martin
Max funding
$3M
Profit split
Up to 100%
Programs
1-step
Trading permissions
NewsAllowed
EAsNot allowed
CopyAllowed with limits
OvernightNot allowed
WeekendNot allowed
Overview
Apex Trader Funding is a futures evaluation firm founded in 2021 by Darrell Martin and based in Austin, Texas. Since March 2026 it sells one-time-fee evaluations in 25K, 50K, 100K and 150K sizes, with a choice of end-of-day or intraday trailing drawdown, and a choice between paying an activation fee after passing or a higher upfront price with no activation fee. Evaluations last 30 days, can be passed in a single day and are traded through Rithmic, Tradovate or WealthCharts. The funded Performance Accounts are simulated, pay out 100% of approved requests after every five qualifying days and close after the sixth payout. Older monthly-billed legacy accounts were also on sale as a limited-time offer on the check date and are not profiled here.
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Target ÷ loss is the total profit target divided by the max loss limit. Lower means less profit is needed for each unit of risk. Prices are list prices before discounts. Per $100K converts EUR and GBP at a fixed rate for ranking only.
EOD Trail
1-step
Account sizes
$25K to $150K
Price
$490 to $2,190
Drawdown
End-of-day trailing
Profit split
100%
Payouts
Every 5 qualifying trading days
Minimum trading days
None to pass; each payout needs 5 qualifying days
Time limit
30 calendar days from purchase; no resets or extensions
Payouts: a request opens after 5 trading days (not necessarily consecutive) that each make at least $100 (25K), $250 (50K), $300 (100K) or $350 (150K) in net profit.
The evaluation's daily loss limit ($500, $1,000, $1,500 or $2,000) liquidates positions and pauses trading for the rest of the session; it does not fail the account.
The EOD threshold is recalculated from the closing balance at 4:59:59 PM ET and enforced in real time during the next session. In the Performance Account it stops trailing at the starting balance plus $100.
In Rithmic and WealthCharts evaluations the threshold stops trailing once it reaches the profit-target balance; in Tradovate evaluations it keeps trailing the peak end-of-day balance.
The Performance Account has its own contract limit (2, 4, 6 or 10 minis at the top tier) and a daily loss limit that both scale with end-of-day profit.
Maximum payout per request rises with each payout, from $1,000 on a 25K account to as much as $5,000 on the sixth 150K payout. The account closes after six payouts.
The activation fee is a one-time, non-refundable payment due within 7 calendar days of passing.
A five-pack of the same evaluation lists at $2,250 (25K), $2,450 (50K), $4,950 (100K) and $9,950 (150K).
EOD Trail (No Activation Fee)
1-step
Account sizes
$25K to $150K
Price
$1,090 to $2,490
Drawdown
End-of-day trailing
Profit split
100%
Payouts
Every 5 qualifying trading days
Minimum trading days
None to pass; each payout needs 5 qualifying days
Time limit
30 calendar days from purchase; no resets or extensions
Same evaluation and Performance Account rules as EOD Trail; the higher evaluation price replaces the activation fee, which the configurator shows as free.
Payouts: a request opens after 5 trading days that each make at least $100 (25K), $250 (50K), $300 (100K) or $350 (150K) in net profit.
The daily loss limit in the evaluation pauses trading for the session and does not fail the account.
A five-pack lists at $4,450 (25K) and $5,450 (50K); no packs were listed for the 100K and 150K sizes.
Intraday Trail
1-step
Account sizes
$25K to $150K
Price
$167 to $1,190
Drawdown
Intraday trailing
Profit split
100%
Payouts
Every 5 qualifying trading days
Minimum trading days
None to pass; each payout needs 5 qualifying days
Time limit
30 calendar days from purchase; no resets or extensions
Payouts: a request opens after 5 trading days that each make at least $100 (25K), $200 (50K), $250 (100K) or $300 (150K) in net profit.
The threshold trails the peak balance in real time, including open profit. In the Performance Account it stops at the starting balance plus $100.
In Rithmic and WealthCharts evaluations trailing stops once the threshold reaches the profit-target balance; in Tradovate evaluations it trails indefinitely.
There is no daily loss limit in the evaluation; the Performance Account has a tiered daily loss limit and contract limit (2, 4, 6 or 10 minis at the top tier) that scale with end-of-day profit.
Maximum payout per request rises with each payout, from $1,000 on a 25K account to as much as $5,000 on the sixth 150K payout. The account closes after six payouts.
A five-pack of the same evaluation lists at $749.50 (25K), $950 (50K), $3,450 (100K) and $4,950 (150K).
Intraday Trail (No Activation Fee)
1-step
Account sizes
$25K to $150K
Price
$490 to $1,890
Drawdown
Intraday trailing
Profit split
100%
Payouts
Every 5 qualifying trading days
Minimum trading days
None to pass; each payout needs 5 qualifying days
Time limit
30 calendar days from purchase; no resets or extensions
Same evaluation and Performance Account rules as Intraday Trail; the higher evaluation price replaces the activation fee, which the configurator shows as free.
Prices are as listed in the configurator on the check date. The 25K was listed above the 50K and 100K, and the 100K was listed below the standard Intraday Trail 100K ($790).
A five-pack lists at $2,950 (25K), $2,450 (50K), $2,950 (100K) and $8,950 (150K).
Trading rules
What Apex Trader Funding lets you do on its accounts, taken from its rules and FAQ pages.
News trading
Allowed
A normal strategy may be traded through news, but two-sided or bracket orders placed to gamble on a release are prohibited.
Expert advisors
Not allowed
Automated or algorithmic trading is not permitted; rewards are meant for traders placing their own trades.
Copy trading
Allowed with limits
Trades can be copied across a trader's own accounts (for example with Tradovate group trading or the WealthCharts copier), but sharing or copying trades with other traders is forbidden.
Overnight holding
Not allowed
All positions must be closed before 4:59 PM ET, and earlier for agricultural markets.
Weekend holding
Not allowed
Positions cannot be held through the daily close, so none can be held over the weekend.
Rules to read before you buy
Evaluations expire 30 calendar days after purchase and cannot be reset; a passed evaluation must be activated within 7 calendar days.
Holding long and short positions in the same or correlated instruments at the same time is prohibited, within one account or across accounts.
Every trade needs a stop loss (pending or mental); using the full drawdown as a stop and strategies with tiny targets against large stops are prohibited.
High-frequency trading, exploiting simulated fills and non-directional bracket orders are prohibited.
Up to 20 Performance Accounts can be held at once across all account types; the background page states the cap per household.
Ten micro contracts count as one mini, and orders above the position limit are rejected rather than failing the account.
VPNs, proxies or other tools used to disguise identity or location are prohibited.
Inactivity: A Performance Account must record at least two trading days with $50 or more in net profit in every rolling 30-day period, or it is closed.
How the drawdown works
End-of-day trailing (EOD Trail, EOD Trail (No Activation Fee))
The loss limit moves up once a day, based on your end-of-day balance, and ignores swings during the session.
Intraday trailing (Intraday Trail, Intraday Trail (No Activation Fee))
The loss limit follows your highest intraday equity in real time, including open profit that you later give back.
Consistency rules
EOD Trail
None in the evaluation; 50% best-day rule on Performance Account payouts
EOD Trail (No Activation Fee)
None in the evaluation; 50% best-day rule on Performance Account payouts
Intraday Trail
None in the evaluation; 50% best-day rule on Performance Account payouts
Intraday Trail (No Activation Fee)
None in the evaluation; 50% best-day rule on Performance Account payouts
100% of each approved payout on the EOD and Intraday Performance Accounts.
How often
A payout can be requested after every 5 qualifying trading days, which allows up to weekly payouts.
First payout
After 5 qualifying trading days in the Performance Account, each meeting the minimum daily profit for the account size and type.
Minimum withdrawal
$500 per request. The balance must stay above a safety net of the drawdown amount plus $100 over the starting balance, so a 50K account needs at least $52,600 to request.
No single profitable day may make up 50% or more of the profit since the last approved payout; the payout button stays unavailable until this is met.
Each Performance Account can receive at most six payouts, with a per-request cap by size and payout number; the account then closes.
US traders are paid by ACH direct deposit and traders outside the US through Plane to a local bank account in their country of residence.
Apex states that it reviews requests within 2 business days and sends approved funds within 3 to 4 business days, with most traders receiving them in 5 to 11 business days.
The general Payout Method Information page still describes an eight-day cycle with five $50 profit days; the newer EOD and Intraday payout pages use the five-qualifying-day rule recorded here.
Performance Accounts are simulated; Apex says it may invite consistent traders to a live account.
Ways to get paid
ACH
Plane
Scaling plan
Performance Accounts move through tiers based on the prior day's closing profit, which set both the contract limit and the daily loss limit for the next session.
25K: 1 contract and $500 DLL below $1,000 profit, 2 contracts from $1,000, and a $1,250 DLL from $2,000.
50K: 2 contracts and $1,000 DLL to start, 3 contracts from $1,500, 4 contracts and $2,000 DLL from $3,000, and a $3,000 DLL from $6,000.
100K: 3 contracts and $1,750 DLL to start, rising to 6 contracts and a $3,500 DLL from $10,000 profit.
150K: 4 contracts and $2,500 DLL to start, rising to 10 contracts and a $4,000 DLL from $10,000 profit.
If the balance falls back, the account moves down a tier but never below Level 1.
Platforms and payments
Trading platforms
Rithmic
Tradovate
WealthCharts
NinjaTrader
TradingView
Markets
Indices
Forex
Agriculture
Energy
Metals
Crypto
Interest rates
Pay for a challenge with
Credit or debit card
Who can sign up
Apex Trader Funding accepts traders from the United States. It lists 87 restricted countries.
We checked these pages on or before 25 October 2026. Firms change their terms often, so confirm the details on Apex Trader Funding's site before you pay.
How much does a Apex Trader Funding challenge cost?
List prices run from $167 for the $25K Intraday Trail account to $2,490 for the $150K EOD Trail (No Activation Fee) account, before any discount.
What profit split does Apex Trader Funding pay?
100% of each approved payout on the EOD and Intraday Performance Accounts.. The highest split across its programs is 100%.
How often does Apex Trader Funding pay out?
A payout can be requested after every 5 qualifying trading days, which allows up to weekly payouts.. First payout: After 5 qualifying trading days in the Performance Account, each meeting the minimum daily profit for the account size and type..
Does Apex Trader Funding allow news trading?
Allowed. A normal strategy may be traded through news, but two-sided or bracket orders placed to gamble on a release are prohibited.
Can I use expert advisors (EAs) with Apex Trader Funding?
Not allowed. Automated or algorithmic trading is not permitted; rewards are meant for traders placing their own trades.
Does Apex Trader Funding accept traders from the United States?
Yes. Apex Trader Funding's terms allow US residents to sign up. It does restrict 87 other countries, listed on this page.
Which platforms can I trade on with Apex Trader Funding?
