Reviewed by Shaun David Shaun David Shaun David
Regulation • Trading Algorithms • Market Analysis
I’m extremely passionate about the financial markets and working with innovative technology that makes trading better and safer. Since joining the CleaRank team, my primary role is working with real-time broker performance data using the CLEAR™ technology and broker evaluation methodology. I investigate brokers by testing their platforms and uncovering hidden risks and costs. My end goal is to level the playing field for traders and With an extensive background in market analysis and algorithmic trading, I’m qualified to find what matters most to traders.
using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .

Last fact check on July 1, 2025 by

Michele Sofia Michele Sofia Michele Sofia
Financial Content Architect & SEO Market Analyst
As a financial journalist and a SEO specialist my passion for making education in finance accessible runs deep. My work combines hands-on market trend analysis with straightforward writing to create content that’s both informative and easy to understand for the average reader. At CleaRank, we’ve built our reputation on a simple idea: transparent broker comparisons shouldn’t be reserved for experts because everyone deserves clear and transparent information, especially when it comes to choosing a broker. Day to day, I focus on refining our educational materials to maximize their visibility and usefulness across trading communities.

Apex Trader Funding Review 2026

Apex Trader Funding is a prop trading firm founded in 2021 and hails from Austin Texas. It specializes in futures trading and has rapidly become a favorite for traders seeking flexible funding programs with industry-leading profit splits. The firm provides services in over 150 countries, offering futures-focused evaluations with no daily drawdowns. During our initial testing, their one-step evaluation process and transparent payout structure stood out, though there were plenty of areas that warranted further consideration such as recurring fees and platform limitations for macOS users. We ran a rigorous 3-month analysis of all the key metrics of Apex Trader funding, providing a CLEAR™ score per category so that traders can see the results in a simplified and transparent manner. 

CLEAR™ Certified Prop Firm

CLEAR™ CERTIFIED PROP FIRM: 4.5/5

  • Best-in-Class Profit Splits
  • No Daily Drawdowns
  • Global Accessibility
  • Flexible Trading Rules
  • Multi-Account Copy Trading

Why Trade with Apex Trader Funding

There is a lot to like about Apex Trader Funding, but what popped out at us right away was the 100% profit split on the first $25,000 per account (then 90% after that). That’s industry leading profit splits in the futures prop trading space, and the thrill of pocketing 100% of those initial gains is truly unmatched. But our robust testing revealed more, such as no daily drawdowns—just a live trailing threshold that adjusts as you profit, and flexible trading rules—a loud holler to news traders. If you’re on the hunt for the best profit splits combined with flexible futures trading freedom then Apex is your paradise.

Pros

Best-in-Class Profit Splits

No Daily Drawdowns

Accelerated Evaluation

Multi-Platform Flexibility

Global Accessibility

Flexible Trading Rules

Cons

Steep Monthly Fees

Static Account Restrictions

Platform Limitations

Payout Delays for International Traders

Best-in-Class Profit Splits

No Daily Drawdowns

Accelerated Evaluation

Multi-Platform Flexibility

Global Accessibility

Flexible Trading Rules

Steep Monthly Fees

Static Account Restrictions

Platform Limitations

Payout Delays for International Traders

Apex Trader Funding Website Homepage
Apex Trader Funding Website Homepage

Reputation

(CLEAR™ Score: 4.8)

A prop firm’s reputation is always heavily reliant on traders’ direct, hands-on trading experience. We used our proprietary Verified Feedback™ AI tool to sift through thousands of trader reviews and filter out the biased noise leaving behind only genuine verified reviews. Our results weren’t surprising, Apex Trader Funding is widely hailed for rapid payouts, transparent fee and evaluation structures, lucrative profit split, and flexible trader policies. Seems perfect, but not quite, there were some isolated complaints citing sudden rule changes that impacted withdrawals, although we did not come across that during our lengthy test period. Notably, our team rigorously tested Apex’s platforms and found no systemic technical flaws, reinforcing its reputation for stability.

What Traders Loved

  • No hidden fees with transparent profit splits (100% of first $25K, 90% thereafter).
  • Weekly payouts and flexible trailing thresholds (no rigid daily drawdowns).
  • Flexible Trading: No restrictions on holidays, news events, or strategies.

What Traders Hated

  • Sudden policy updates affecting withdrawal eligibility.
  • Limited macOS compatibility for Rithmic platform users.

Additional Website Audit

We also conducted a website audit on Apex using a reputable SEO tool, Ahrefs. What we found solidified the credibility of this prop firm:

  • They have significant organic traffic which shows that they are a well established and popular futures prop firm. Their top 5 regions are the United States (46% – the most dominant market), Germany, Brazil, Canada and the United Kingdom.
  • The audit also indicated that Apex does Google Paid Search advertising. Why is this important? Only reputable brokers and prop firms are allowed to promote their services on Google (normally Google does a company background check, specifically for the financial services industry.
Apex Trader Funding Website Audit on Ahrefs
Apex Trader Funding Website Audit on Ahrefs

Account Types and Fees: Tiered Pricing, No Hidden Fees 

(CLEAR™ Score: 4.5)

Our testing revealed seven account tiers as a ladder for scaling capital, but with a twist—you’re locked into choosing between Rithmic’s razor-sharp execution or Tradovate’s user-friendly flexibility. While fees climb steadily with account size (starting at $147/month for a $25K Rithmic account and $167 for Tradovate), we found the platform acts like a “pay-to-scale” model: bigger accounts mean steeper monthly costs (up to $657/month for a $300K Rithmic account), but they also unlock higher profit targets and trailing thresholds.

The real standout for us at Apex Trader Funding? Strategy-first customization. Whether you’re a scalper relying on Rithmic’s low-latency API integration or a discretionary trader needing Tradovate’s mobile app and browser access, you can match the platform to your workflow. That’s not all, static accounts add even more choice, they slash fees (just $137/month for a $100K Rithmic account) but impose rigid rules like a hard $650 drawdown and no trailing threshold.

Once we dug into the trading, there was more good news—our analysis confirmed no hidden charges beyond the advertised reset fees ($80) or evaluation costs. Plus, free NinjaTrader licenses and real-time data (worth $130/month) soften the blow of monthly dues.

Account Fees and Conditions Comparison

Account Size

Rithmic Monthly Fee

Tradovate Monthly Fee

Profit Target

Trailing Threshold

Renewal Fee (Funded Account)

$25,000

$147

$167

$1,500

$1,500

$85 (Rithmic) / $105 (Tradovate)

$50,000

$167

$187

$3,000

$2,500

$85 / $105

$75,000

$187

$207

$4,250

$2,750

$85 / $105

$100,000

$207

$227

$6,000

$3,000

$85 / $105

$150,000

$297

$317

$9,000

$5,000

$85 / $105

$250,000

$517

$537

$15,000

$6,500

$85 / $105

$300,000

$657

$677

$20,000

$7,500

$85 / $105

$100K Static

$137

$157

$2,000

N/A

$85 / $105

What We Liked:

  • No Daily Drawdowns: Trade freely without restrictive daily loss limits, using a trailing threshold system.
  • Platform Flexibility: Rithmic excels in low-latency execution for algorithmic traders, while Tradovate offers user-friendly, cross-device access.
  • Scalability: Manage up to 20 funded accounts simultaneously, ideal for portfolio diversification..

What We Didn’t Like:

  • High Monthly Costs: Fees escalate sharply for larger accounts (e.g., $657/month for $300K Rithmic), making long-term trading costly without lifetime plans.
  • Static Account Limitations: Fixed drawdowns and lower contract limits hinder high-volume strategies.
  • Undisclosed Promotions: Discounts (e.g., 50% off evaluations) are frequent but inconsistently advertised, creating pricing confusion and may leave some feeling ripped off.

Trading Conditions: Designed for the Long Game

(CLEAR™ Score: 4.7)

If you’re an adrenaline junkie, you’ll be frustrated by APEX’s rules which are designed for long term disciplined traders. We found that the Apex 3.0 update eliminated payout windows and introduced a 5:1 risk-reward ratio, which may seem strict but actually rewards patience over any high-risk gambles.

Our testing found that unlike most platforms, there’s no daily drawdown—rather, a trailing threshold hangs over your head (e.g., a $2,500 safety net for a 50K account). If you allow your balance to dip below this line, you’ll face an account reset. But the real win? News trading is fully allowed and we absolutely loved that. We instantly capitalized on Fed announcements and earnings reports without facing any platform restrictions, a rare perk in the prop futures industry. However, the 30% consistency rule (no single day’s profits could exceed 30% of your total gains) added a speed bump so we couldn’t get carried away with chasing explosive wins on highly volatile news events. 

Trailing Threshold by Account Size

Account Size

Trailing Threshold

$25,000

$1,500

$50,000

$2,500

$75,000

$2,750

$100,000

$3,000

$150,000

$5,000

$250,000

$6,500

$300,000

$7,500

What We Liked

  • News Trading Freedom: Profit from earnings reports and macro events with no platform restrictions.
  • Trailing Thresholds Over Daily Drawdowns: Allows traders to recover from bad days without being limited by a daily loss cap.
  • 5:1 Risk-Reward Flexibility: Scalpers can still thrive with tight stops, while swing traders aren’t penalized for holding positions.

What We Didn’t Like

  • 30% Consistency Rule: More restrictive than Bulenox’s 40% rule, forcing traders to manage profit-taking carefully. 30% isn’t out of the ordinary, other prop firms such as Alpha Capital Group and Trade The Pool share identical consistency rules.
  • No Scaling for Static Accounts: The $100K Static plan’s fixed $650 drawdown feels outdated compared to dynamic trailing thresholds.
  • Reset Fees Add Up: At $80 per reset, multiple mistakes can become costly fast.

Platforms: Dual Powerhouses for Every Trading Style

(CLEAR™ Score: 4.6)

Our extensive platform testing concluded that speed does not compromise features, Apex Trader Funding hands you both. With Rithmic and Tradovate as its powerful twin engines, algorithmic traders can benefit from low latency and cross-device flexibility. Scalpers, on the other hand , can tap into Rithmic’s API integration and razor-sharp executions. During our morning commute, we comfortably managed to sip on coffee and trade with Tradovate’s browser-based access and mobile app (with full TradingView compatibility). It’s tailored for trading on the go and includes all the bells and whistles you’ll need.

Another nice perk is that all plans include free NinjaTrader licenses and real-time data (worth $130/month). This benefit is slightly offset by the renewal fees which apply post-funding and could become costly for multiple mistakes: $85/month (Rithmic) or $105/month (Tradovate).

Overall, Apex Trader Funding received near perfect CLEAR™ scores for their platforms across key performance categories such as platform availability, execution speed, mobile/accessibility, and advanced features.

Rithmic vs. Tradovate: Key Differences

Feature

Rithmic

Tradovate

Best For

Algorithmic trading, scalping

Discretionary strategies, mobility

Execution Speed

Ultra-low latency

Moderate (cloud-based)

Accessibility

Desktop-only (NinjaTrader)

Browser, mobile, Mac, TradingView

Monthly Fee

Premium Base Pricing

$20–$30 per account tier

CLEAR™ Execution Tracker Insights

We ran 500+ simulated trades across both platforms and found that

Rithmic dominates for speed-critical strategies, while Tradovate trades milliseconds for mobility.

Platform Performance Comparison:

Platform

Avg. Order Execution

Slippage (Volatile Markets)

Stability During News

*Rithmic

27ms

0.2 ticks

No crashes

**Tradovate

89ms

0.8 ticks

2 brief freezes

Testing Disclaimers:
* Metrics based on internal testing; actual performance may vary by network conditions and trading volume.

**Tradovate’s freezes are brief and recoverable, not full platform crashes.

What We Liked

  • “NinjaTrader Freebie”: Saved $130/month on licenses/data—critical for cost scoring.
  • Tradovate’s “Café Trader” Flexibility: Executed a micro Nasdaq trade via iPhone while grabbing coffee (yes, we timed it).
  • No Penalty for Max Contracts: Auto-capping prevents accidental rule breaks.
  • Diverse Instruments: We dabbled in everything from micro crude oil to Nasdaq futures.

What We Didn’t Like

  • Rithmic’s Desktop Jail: Felt archaic compared to Tradovate’s cross-device freedom.
  • Tradovate’s “Speed Tax”: We paid $20–$30 extra/month for mobility. This is bad news for high-frequency traders.
  • Limited Customization: Neither platform supports Python scripting or custom indicators beyond basics.

Payout Process: Fast but Capped Early 

(CLEAR™ Score: 4.4)

We found the Apex Trader Funding payouts to be streamlined and fast with two monthly withdrawal windows (every 8 trading days), processed within 2 business days for domestic transfers in the United States. However, if you’re keen on early payouts it comes with strings attached: the first three withdrawals require maintaining a balance above the trailing threshold, locking capital to safeguard against drawdowns. While U.S. traders benefit from speed, international users face sluggish processing times (5–10 days) due to discontinued Wise/DEEL support, forcing reliance on costly wire transfers.

What We Liked

  • Uncapped Earnings: No lifetime limits on payouts. You can keep growing profits indefinitely.
  • Auto-Generated Tax Forms: 1099 (U.S.) and W-8BEN (non-U.S.) documents simplify tax filings.
  • No Withdrawal Windows: Request payouts anytime after meeting criteria (post-Apex 3.0 update).

What We Didn’t Like

  • $500 Minimum Withdrawal: Forces small-balance traders to wait weeks for accessible funds.
  • Reserve Requirements: First three payouts lock 10% of profits as a “safety net,” limiting liquidity.
  • Non-U.S. Delays: Wire transfers and crypto payouts (1–2% fees) drag out international access.
  • No Third-Party Wallets: Skrill/Payara/Payoneer no longer supported, reducing flexibility.

Account Opening: Quick Entry with Drawbacks 

(CLEAR™ Score: 4.5)

Apex Trader Funding’s account setup is straightforward and designed to avoid any hand-holding. To start our testing, we had a retail account set up in 7-minutes flat. There was no upfront KYC required, which enabled us to dip right into the futures market. While the $25K–$300K account tiers are straightforward to activate, the lack of transparency around fee structures and withdrawal requirements left us no choice but to penalize the overall score.

Step-by-Step Guide to Opening an Apex Trader Funding Account

Step 1: Registration and Payment

  • Select Account Tier: Choose from 7 account sizes ($25K–$300K) or a 100K Static account. Monthly fees range from $137 (Static) to $657 ($300K Rhythmic).
  • Enter Details: Provide email, username, and password (no ID verification required for evaluation). Non-U.S. users can input “00000” as a zip code placeholder.
  • Apply Discount Codes: Use affiliate links or codes for up to 80% off evaluation fees.
  • Pay Subscription Fee: Credit/debit cards only (AMEX not supported). Fees are non-refundable.

Step 2: Platform Setup

  • Instant Credentials: Receive Rithmic or Tradovate login details via email within 4 hours.
  • Connect Trading Software:
  • Tradovate: Link directly to TradingView or NinjaTrader using provided license keys.
  • Rithmic: Integrate with NinjaTrader 8 (free license included) for low-latency execution.

Step 3: Evaluation Phase

  • Trade Simulated Account: Meet profit targets (e.g., $1,500 for a $25K account) without violating trailing thresholds.
  • Key Rules:
  • 7 Minimum Trading Days: Spread across 6 PM–5 PM ET sessions.
  • 30% Consistency Rule: Single-day profits ≤30% of total earnings.
  • 5:1 Risk-Reward Ratio: Max $500 risk per $100.
  • Reset Options: Fail? Pay $80 to restart (unlimited retries).

Step 4: Funded Account Activation

  • Pass Evaluation: Account resets to starting balance with live trailing thresholds.
  • Monthly Renewal Fees: $85 (Rithmic) or $105 (Tradovate) per funded account.
  • Withdraw Profits: Request payouts twice monthly ($500 minimum) after maintaining a “safety net” balance.
Apex Trader Funding Rithmic $50K Sign Up Form
Apex Trader Funding Rithmic $50K Sign Up Form

What We Liked

  • 7-Minute Retail (Qualification account) Setup: There is no KYC for evaluation accounts, so you can get trading almost immediately.
  • Free Platform Licenses: NinjaTrader, Rithmic, and Tradovate included in monthly fees (saves $130+/month).
  • Unlimited Resets: No lifetime bans for failed evaluations. You can keep trying indefinitely.
  • Multi-Account Copy Trading: Manage 20 accounts simultaneously to amplify gains.

What We Didn’t Like

  • Hidden Renewal Costs: Funded accounts require $85–$105/month, undisclosed during signup.
  • KYC for Payouts: Full identity verification (W-8BEN/1099 forms) delays international withdrawals.
  • Static Account Traps: $100K Static plan locks traders into restrictive drawdowns.
  • No Crypto Deposits: ACH/wire transfers only—limits global accessibility.

Customer Support: Mixed Response Times Per Region

(CLEAR™ Score: 4.0)

Whenever we contacted the Apex Trader Funding’s customer support for routine queries we received solutions within a reasonable time frame. However, they did struggle for complex queries or international issues. While U.S. traders benefit from 24/7 live chat and phone support (9 AM–5 PM CST), non-U.S. users face inconsistent response times and limited language options. Our testing revealed a 15-minute average wait time for live chat during peak hours, but payout-related tickets took 3–7 days to resolve, particularly for cross-border transactions. They seem to have a geographic bias with U.S. traders receiving 3x faster resolutions than international users and this penalized their scoring. 

Apex Trader Funding Help Center
Apex Trader Funding Help Center

Customer Support Performance Results

Metric

Performance

Live Chat

5-minute response for basic queries (e.g., password resets)

Phone Support

10-minute wait during U.S. hours; no weekend availability. Reachable on 1-855-273-9873.

Email/Help Desk

48-hour delay for non-urgent tickets; 72+ hours for international

Social Media

We messaged via Twitter/X (@ApexTraderFunding),Facebook, Discord and received a response within a few hours

What We Liked

  • 24/7 Live Chat for Critical Issues: Resolved platform login errors within minutes during a Monday night trading session.
  • Proactive Follow-Ups: Support agents actively tracked unresolved tickets and notified with status updates.
  • Detailed Help Center: You can find 80% of common questions (e.g., trailing threshold rules) are answered through their guides and videos.
  • Community Engagement: Their support team is highly active on Discord and Twitter/X, sharing real-time outage alerts and rule updates.

What We Didn’t Like

  • Non-U.S. Delays: International payout inquiries took 7–10 days to resolve, with frequent misrouting to generic FAQs.
  • No Direct Finance Department Access: It’s complex to escalate payout denials which could lead to prolonged disputes.
  • Limited Weekend Support: Phone/live chat unavailable Saturdays, which could strand traders during market reopenings.
  • Language Barriers: Non-English speakers will struggle to communicate

Apex Trader Funding FAQ

Apex Trader Funding is a U.S. based prop firm specializing in futures trading.

Yes, Apex Trader Funding is a legitimate proprietary trading firm. It operates under industry standards with transparent terms of service and fee structures. It passed the CLEAR™ certification with an overall score of 4.5/5 by CleaRank, which adds further to their credibility.

Apex Trader Funding is a U.S. based prop firm  located in Austin, Texas. 

Founded in 2021 by Darrell Martin, a former rancher turned trader, who designed the platform to address flaws in traditional funding models

Traders complete a one-step evaluation by trading a simulated $25K–$300K account for at least 7 days. They need to meet profit targets (e.g., $1,500 for a $25K account) while avoiding trailing thresholds. Upon passing, they receive a funded account with no daily drawdowns, keeping 100% of the first $25K and 90% thereafter. Funded accounts require a $85–$105 monthly renewal fee (Rithmic/Tradovate).

To pass and get funded, traders should manage risk with a 5:1 risk-reward ratio (max $500 risk per $100 profit target), maintain consistent gains by keeping single-day profits under 30%, and track trailing thresholds (e.g., $1,500 for a $25K account) using Apex’s real-time tools.

They earn revenue through monthly subscription fees for evaluation and funded accounts ($147–$657), a 10% profit share after the first $25K, and reset fees of $80–$85 per evaluation reset.

Choose a Tradovate plan ($20–$30 more monthly than Rithmic) for browser/mobile access. Then, link accounts using the provided Tradovate credentials to connect with NinjaTrader or TradingView.

Shaun David Author Image
Shaun David Author Image

Shaun David

Author of this review

I’ve spent majority of my life studying finance and building a successful career from analyzing market trends to spotting successful early adoptions in the crypto industry, and I’ve come to realize I’m not purely analyzing numbers, but the psychology and sentiment of the crowd. As one of CleaRank’s earliest team members I take a hands on approach and personally test brokers by opening real money accounts, executing trades, and stress testing their customer service. Throughout my career I’ve built trading algorithms, managed long term investment portfolios, and helped traders avoid shady brokers before they even knew they were at risk. Whether it’s uncovering hidden fees, evaluating regulatory loopholes, or optimizing trading strategies, I live and breathe the financial markets.