Apex Trader Funding

Apex Trader Funding is a futures-focused proprietary trading firm founded in 2021 by Darrell Martin and headquartered in Austin, Texas. Traders pass an End-of-Day or Intraday evaluation to receive a simulated Performance Account (PA) from $25,000 to $300,000 and can hold up to 20 PAs at once, trading futures markets only (no forex or CFDs).

Apex pays 100% of the first $25,000 in cumulative approved payouts per Performance Account, then 90% to the trader / 10% to Apex after that threshold. This tiered split has stayed unchanged through the March 2026 rules overhaul, even though the payout cycle and consistency requirements around it were revised.

As of the March 2026 rules update, current Performance Accounts can request a payout as often as weekly once 5 qualifying trading days have passed. Legacy PAs purchased before 1 March 2026 keep the original 8-trading-day cycle. Every PA is limited to 6 total payouts on a rising cap ladder, after which the account closes and a new evaluation is required.

US-based traders are paid via ACH, typically settling within 24–48 hours with no Apex-side fee. International traders are paid through Plane, which takes roughly 5–11 business days and may carry a processing fee. Every payout requires a $500 minimum and must keep the Safety Net (drawdown limit plus $100) intact in the account.

No. Instead of growing a single account's balance over time, Apex lets traders hold up to 20 active Performance Accounts simultaneously across EOD, Intraday and Legacy types. Each PA runs a fixed 6-payout ladder with caps that rise per request, then closes once the 6th payout is processed, at which point a new evaluation is needed to open another PA. There is also no refundable one-time challenge fee — PAs run on a recurring activation/subscription model instead.