Last Updated: April 3, 2024
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Apex Trader Funding, which recently rebranded to ATF, founded in 2021 by Darrell Martin, represents a new wave in the world of proprietary trading firms, with its headquarters in Austin, Texas. The firm emerged with a mission to revolutionize the approach to trader funding, particularly focusing on the futures markets. Apart from traditional models, Apex Trader Funding has quickly established itself as a leader in the industry, known for offering fewer restrictions and lower costs. This innovative approach has attracted many traders and fostered a supportive community with tens of thousands of members spanning over 150 countries.
Apex Trader Funding's baseline is its structured and clear evaluation process, designed to identify and nurture skilled traders. This process involves an initial phase using a simulation account equipped with real-time data, allowing traders to demonstrate their strategy and prowess. Successful candidates advance to a live trading evaluation, managing real funds provided by the firm.
Apex Trader Funding supports various trading platforms, including Rithmic, Tradeovate, and Ninjatrader, allowing traders to operate in environments that best suit their skills and strategies. The firm's payout structure is especially notable, offering a lucrative profit-sharing arrangement for traders who successfully pass the evaluation phase, emphasizing the firm's commitment to rewarding skill and success in trading.
This detailed summary highlights the firm's key aspects, including the broad spectrum of programs available, the potential for lucrative profit splits, a range of account sizes to suit different trading capacities, a variety of tradable assets, and many more. Understanding these elements is essential to appreciate the wide range of opportunities and the adaptability that The Funded Trader offers its users.
Key Takeaways | Details |
---|---|
Account Sizes | $25k, $50k, $75k, $100k, $150k, $250k, $300k, $100k Static |
Leverage | Up to 100:1 |
Profit Share | 100% of first $25,000; then 90% of profits |
Payout Frequency | Twice per month |
Minimum Balance for Payout (by Account Size) | Varied by account sizes, from $26,600 to $102,600 |
Maximum Withdrawal Limit | Varies by account size, from $1,000 to $3,500; removed after first three payout months |
Trading Platforms Supported | NinjaTrader, Tradovate, TradingView, Rithmic, Sierra Chart, Bookmap, and others |
Account Plan Costs (USD per Month) | Varies by account size and plan; $137 to $677 based on account size and plan |
Profit Goal | Varies by account size, from $1,500 to $20,000 |
Daily Drawdown | None for all FULL accounts, $625 for Static account |
Trailing Threshold | Varies by account size, from $1,500 to $7,500; None for Static account |
Before establishing Apex Trader Funding (ATF), company's founder reviewed various funding companies. This experience gave him deep insights into the strengths and weaknesses of existing models in the trader funding arena, ultimately inspiring him to create a more beneficial model for traders.
Martin's vision for Apex Trader Funding was to develop a firm that stood apart from traditional proprietary trading firms, particularly in offering more favorable conditions for traders. He aimed to create a model with fewer restrictions and lower costs, granting traders greater freedom and flexibility in their trading activities. His approach also emphasized the importance of risk management, profitability, and scalability in trading.
The success and growth of Apex Trader Funding under Martin's leadership testify to his credibility. The firm has attracted a global community of tens of thousands of members from over 150 countries, indicating widespread trust and confidence in his vision. The firm's innovative approach to trader funding, combined with Martin's background and experience in the industry, underscores his credibility as a leader in the proprietary trading space.
When considering Apex Trader Funding (ATF), it's essential to weigh its advantages and limitations to assess if it aligns with your trading approach and goals.
Pros:
Cons:
Assets: At Apex Trader Funding, traders can access a wide range of trading instruments across various categories. These include:
Leverage:
As for leverage, Apex Trader Funding offers up to 100:1 leverage to their funded traders. This means traders can control a position up to 100 times greater than their margin requirement for each contract. For instance, with a $50,000 account, a trader could potentially trade up to 100 contracts of a future whose margin requirement is $500. However, it's essential to note that while leverage can increase potential profits, it also amplifies potential losses, making it crucial to use it judiciously.
Account Size | Minimum Required Balance |
---|---|
$25k Account | $26,600 |
$50k Account | $52,600 |
$75k Account | $77,850 |
$100k Account | $103,100 |
$150k Account | $155,100 |
$250k Account | $256,600 |
$300k Account | $307,600 |
$100k Static Account | $102,600 |
Profit Share: Traders get 100% of the first $25,000 they earn. After that, they receive 90% of the profits.
Payout Requests: Traders can request payouts twice per month. The request periods are from the 1st to the 5th and from the 15th to the 20th of each month.
Payout Timing: Payouts are processed on the 15th and the last day of the month but may take 3-7 business days to reach the bank account.
Trading During Payout Request: Traders can continue trading immediately after requesting a payout, but they should account for the requested funds as if they have already been deducted.
Minimum Requirements: Payout requests have specific minimum balance requirements, which vary based on the account size.
10-Day Trading Requirement: A minimum of 10 trading days is required between each payout request.
Maximum Withdrawal Limit: There's a maximum withdrawal limit for the first three payout months, removed from the fourth month onwards.
Account Size | Maximum Withdrawal per Payout Period |
---|---|
$25k Account | $1,500 |
$50k Account | $2,000 |
$75k Account | $2,250 |
$100k Account | $2,500 |
$150k Account | $2,750 |
$250k Account | $3,000 |
$300k Account | $3,500 |
$100k Static Account | $1,000 |
Trading Platforms:
Apex Trader Funding utilizes several key trading platforms, each catering to diverse trading needs:
Each platform is integrated to offer flexibility and choice, emphasizing Apex Trader Funding's commitment to accommodating different trading approaches and experience levels.
Pricing changes depending on the account size. The table below shows the detailed pricing list.
Account Size (USD) | Rithmic/NinjaTrader Plan (Cost/Month in USD) | Tradovate/NinjaTrader Plan (Cost/Month in USD) |
---|---|---|
$25K FULL | $147 | $167 |
$50K FULL | $167 | $187 |
$75K FULL | $187 | $207 |
$100K FULL | $207 | $227 |
$150K FULL | $297 | $317 |
$250K FULL | $517 | $537 |
$300K FULL | $657 | $677 |
$100K STATIC | $137 | $157 |
Funded Account | $85 / Account | $105 / Account |
Apex Trader Funding has received a remarkable 4.8-star rating on Trustpilot based on 5,409 reviews. Impressively, 93% of these reviews are 5-star, while 4% are 4-star, demonstrating strong customer satisfaction. Less than 1% of the reviews are 3-star or 2-star, and only 2% are 1-star, reflecting an overwhelmingly positive response from its users.
Stay updated with Apex Trader Funding by following their Instagram account, which features more than 358 posts and has attracted over 9,900 followers. Their Instagram feed provides a glimpse into the company's development, exclusive discounts, updates, and various related podcasts, among other things. For any direct questions, you can also contact them through Instagram's direct messaging option.
Follow Apex Trader Funding on Twitter to join their community of over 9,400 followers and explore their 425 posts. This platform is an interactive space for engaging with the company, featuring reviews, queries, and various media content. Stay informed about the latest news, including special discount offers, and actively participate by commenting on posts to keep up with the latest developments from Apex Trader Funding.
Lets talk about the Evaluation Process:
The evaluation process at Apex Trader Funding is designed to assess traders' abilities and risk management skills in a simulated trading environment before they can qualify for a funded trading account. Here's an overview of the key elements of their evaluation process:
Apex Trader Funding has two types of plans: the Rithmic/NinjaTrader Plan and the Tradovate/NinjaTrader Plan. Let's dive into the details.
Platform and Tools: Both Rithmic and Tradovate are trading platforms that can be integrated with NinjaTrader. The choice between these plans generally comes down to personal preference for the platform's interface, tools, and features.
Functionality: Rithmic is known for its robust data feed and speed, making it a popular choice for high-frequency and algorithmic traders. Tradovate, on the other hand, offers an accessible and user-friendly interface, which might be more suitable for less experienced traders or those who prioritize ease of use.
Instruments Available: While both platforms support a wide range of instruments, there might be slight differences in the specific instruments and markets available. It's important to verify whether the instruments you wish to trade are available on your chosen platform.
Fees and Licensing: The cost structures for the Rithmic and Tradovate platforms, including any licensing fees, data fees, and commission rates, differ. These should be considered when choosing between the plans.
For both Rithmic/NinjaTrader Plan and the Tradovate/NinjaTrader Plan:
No Scaling Option, NinjaTrader License ($75 Value) included, Real-Time Data Fees ($55 Value) included.
Account Size (USD) | Contracts | Profit Goal | Trailing Threshold | Daily Drawdown |
---|---|---|---|---|
$25K FULL | 4 (40 Micros) | $1,500 | $1,500 | None |
$50K FULL | 10 (100 Micros) | $3,000 | $2,500 | None |
$75K FULL | 12 (120 Micros) | $4,250 | $2,750 | None |
$100K FULL | 14 (140 Micros) | $6,000 | $3,000 | None |
$150K FULL | 17 (170 Micros) | $9,000 | $5,000 | None |
$250K FULL | 27 (270 Micros) | $15,000 | $6,500 | None |
$300K FULL | 35 (350 Micros) | $20,000 | $7,500 | None |
$100K STATIC | 2 (20 Micros) | $2,000 | None | $625 |
Apex Trader Funding offers a range of third-party tools and resources to assist traders. Some of the notable tools and services include:
These tools are separate from Apex Trader Funding and are recommended for use at the trader's discretion. They are designed to assist in various aspects of trading, from technical execution and strategy automation to educational resources and psychological training. You can find detailed information in their website.
As I reviewed Apex Trader Funding, I saw that it presents a unique opportunity for traders in the futures markets. With its structured evaluation process, it tests a trader's skills and risk management through simulation and live trading phases. The program supports various trading platforms and offers a range of instruments with up to 100:1 leverage. The profit-sharing arrangement is also appealing, and the flexible payout structure caters to different trading styles and goals.
The program's comprehensive approach, which includes educational resources and a supportive community, makes it suitable for traders at various levels. Apex Trader Funding's commitment to providing tools like trade copiers and diverse educational programs enhances a trader's ability to succeed. However, the costs vary with account size, and traders should consider this when assessing the program's overall value.
In conclusion, Apex Trader Funding could be valuable for traders looking to enter the futures market, particularly those who appreciate structured guidance and a community support system. The combination of educational resources, flexible trading options, and a lucrative profit-sharing model makes it attractive. However, potential traders should consider the associated costs carefully and ensure that the program aligns with their trading style and financial goals.
Monthly costs vary by account size and plan, ranging from $137 to $677.
Apex Trader Funding supports a variety of trading platforms including NinjaTrader, Tradovate, TradingView, Rithmic, Sierra Chart, Bookmap, and others.
Traders can trade a wide range of futures including Equity, Interest Rate, Currency, Agricultural, Energy, Metal Futures, and Cryptocurrency Futures like Micro Bitcoin and Micro Ethereum.
Yes, Apex Trader Funding offers educational programs and access to a supportive community, aiding trader development and learning.
Apex Trader Funding provides unlimited reset options with a fee, allowing traders to restart their evaluation process if needed.
Minimum balance requirements for payouts vary by account size, ranging from $26,600 to $307,600.
Traders keep 100% of the first $25,000 in profits, and then 90% of profits thereafter.
Trading Disclaimer: The information provided is for informational purposes only and is subject to change. We strive to keep it up-to-date and accurate. However, there may be instances where actual data differs from what's published on our website. Daytradinginsights.com operates as an independent platform, which may receive compensation for advertisements, sponsored content, or when you click on links on our site. Please note that the authors and contributors are not licensed financial advisors. Before making any financial decisions, it is recommended that you seek the advice of a professional.
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