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Apex Trader Funding Review

Prop Trading FirmUnited States

Apex Trader Funding is a Texas based futures prop firm. It is not a regulated broker, and is currently in active federal litigation over its trading rules and treatment of traders.

Min Deposit

N/A

Spreads From

Not applicable; futures pricing runs on exchange based tick values, not forex spreads

Max Leverage

Set per futures contract margin rules, not a forex style leverage ratio

Platforms

NinjaTrader, Tradovate

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Pros & Cons

Pros

  • Founded in 2021 with an established public track record of payouts
  • Profit split can reach up to 90 percent, with 100 percent on the first 25,000 dollars
  • Supports several platforms including NinjaTrader, Tradovate, Rithmic, and TradingView
  • Account sizes scale up to 300,000 dollars for qualifying traders

Cons

  • Not a CFTC or NFA registered firm, since prop evaluations fall outside that framework
  • Facing an active federal lawsuit filed in December 2024 over its trading rules
  • Traders report accounts banned or rules enforced retroactively after strong results
  • Pricing runs as a recurring monthly subscription, not a single one time fee
About Apex Trader Funding

Apex Trader Funding is a Texas company founded in 2021 by Darrell Martin. Like every futures prop firm, it is not registered with the CFTC or the National Futures Association, because that framework does not cover firms that only run simulated trader evaluations rather than real brokerage accounts.

Traders pay a monthly subscription fee for an evaluation account sized from 25,000 to 300,000 dollars, using platforms such as NinjaTrader, Tradovate, Rithmic, or TradingView. Passing traders keep 100 percent of the first 25,000 dollars in profit, then 90 percent after that, and can run up to 20 accounts at once.

In December 2024, a group of traders and a content creator sued Apex Trader Funding in a Texas federal court, case number 1:24 cv 01557, over its trading rules and treatment of profitable accounts. Traders should read the current rules closely, since prop firms like Apex can change them without the protections a regulated broker must offer.

Key Facts

Max Leverage

Set per futures contract margin rules, not a forex style leverage ratio

Spreads From

Not applicable; futures pricing runs on exchange based tick values, not forex spreads

Platforms

NinjaTraderTradovateRithmicTradingView
Frequently Asked Questions

Score Breakdown4.4/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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