Apex Trader Funding is a proprietary trading firm that has been gaining attention in the financial sector. With the promise of providing substantial capital for traders to manage, the company has made a significant impact. However, like any other firm, it has its strengths and weaknesses. In this Apex Trader Funding review, we will delve into the various aspects of Apex Trader Funding, evaluating its credibility, funding schemes, and overall performance.
Why You Should Consider Apex Trader Funding
- Flexible Contract Sizes: Apex Trader Funding offers account sizes that range from $25,000 to $300,000, catering to various trading goals and risk profiles.
- Simple Rules: The firm employs straightforward rules for their evaluation process, making it easier for traders to qualify for funding.
- Diverse Trading Strategies: Apex accepts a wide array of trading strategies, including News trading, thereby offering traders multiple pathways to meet profit targets.
- Profit Sharing: Once funded, traders benefit from a competitive profit split, retaining a substantial share of their earnings.
- Trading Software: The firm provides Trade Copier software for automated trading and offers cutting-edge platforms like Rithmic and Tradovate, complemented by additional tools such as Tick Strike and Markers Plus.
- Education and Mobility: A 30-day free educational course and one-on-one mentorship are available, along with a mobile app for trading on-the-go.
- Customer Support: They offer live chat for immediate assistance and an online form for less urgent queries. Their customer service is highly rated, with a 4.8-star Trustpilot rating based on over 3,500 reviews.
- Data Security: Apex places a high priority on data security, featuring encryption methods, secure servers, and third-party gateways for payment processing.
- Pricing: Monthly fees range from $147 to $677. Clear commission structures are in place, and payouts can be requested after 10 trading days.
- Fast Track and Profitability: Evaluation is completed in just 7 days, and traders can manage up to 20 Price Action (PA) accounts simultaneously. Withdrawals are permitted after 10 days of trading.
- User-Centric Approach: The platform ensures a smooth trading experience with real-time data and focuses on user growth and financial achievements.
Apex Trader Funding offers an extensive range of funding options designed to cater to various trader profiles, skill levels, and investment capacities. These plans offer flexibility in terms of starting capital, contract sizes, and profit goals. Let’s break down the details:
Tiered Funding Options
- 25K FULL: The most accessible tier, with a starting capital of $25,000 and permission for 4 contracts (40 Micros). The monthly fee is $147, and the profit target stands at $1,500 with a matching trailing threshold. No daily drawdown or scaling rules are enforced.
- 50K FULL: Provides a starting capital of $50,000 with a monthly cost of $167. Traders can deal with 10 contracts (100 Micros), aiming for a $3,000 profit goal and a $2,500 trailing threshold.
- 75K FULL: Increases the starting capital to $75,000 and allows up to 12 contracts (120 Micros). With a monthly fee of $187, the profit goal is $4,250 and a trailing threshold of $2,750.
- 100K FULL: For a higher level of engagement, this tier offers $100,000 in starting capital and 14 contracts (140 Micros). The monthly fee is $207 with a profit goal of $6,000 and a trailing threshold of $3,000.
- 150K FULL: Takes it a step further with a $150,000 starting capital and permits 17 contracts (170 Micros). The monthly fee is $297, and traders aim for a $9,000 profit goal with a $5,000 trailing threshold.
- 250K FULL: A significantly higher tier with a starting capital of $250,000 and the capacity for 27 contracts (270 Micros). The monthly fee rises to $517, with a profit goal of $15,000 and a $6,500 trailing threshold.
- 300K FULL: The highest available tier offers a starting capital of $300,000 and 35 contracts (350 Micros). The monthly fee for this option is $657 with a $20,000 profit goal and a trailing threshold of $7,500.
Specialized Funding Option
100K STATIC: This option uniquely features a static contract limit of 2 contracts (20 Micros), regardless of the starting capital. With a monthly fee of $137, the profit goal is set at $2,000, but it has a total drawdown limit of $625.
Each of these plans is distinct in its offerings, enabling traders to choose according to their comfort level, risk tolerance, and financial capabilities. The absence or presence of daily drawdown and scaling rules also offers strategic flexibility, allowing traders to optimize their market activities accordingly.
Apex Trader Funding Coupon Code
This company offers its own special Apex Trader Funding coupon. This coupon is excellent and saves 50% off on subscriptions. But although Apex Trader is a solid prop trading company, it is not the only one offering coupon deals. A few other companies are:
- Elite Trader Funding: The Elite Trader Funding coupon code provides traders an opportunity to earn funding based on their trading performance in an evaluation account, and they offer coupon codes for promotions.
- Earn2Trade: This Earn2Trade coupon code offers access to a prop trading firm compared with City Traders Imperium in terms of programs, instruments, and leverage; they also offer coupon codes for various benefits.
- City Traders Imperium: The City Traders Imperium coupon code is known as the key to one of the best-funded trading programs with excellent support, spreads, and adequate leverage.
Apex Trader Funding Coupon Code: Final Assessment
In summary, Apex Trader Funding shows promise in terms of commitment and transparency. It also offers great profit spits and funding options. Their customer service responsiveness is commendable, and their profit-sharing schemes appear to be quite generous. Use the code FXJEPTUV for 50% off and get started on your trading journey today.