ATF Review - Apex Trader Funding Review 2024: Insights, Analysis, Discount Code

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.

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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.​

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Apex Trader Funding (ATF) Takeaways: Is it for You?

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

Apex Trader Funding Overview

Apex Trader Funding  review

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​.

Pros and Cons

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:


  • Diverse Account Sizes: Offers a range of account sizes from $25k to $300k, catering to different levels of traders.


  • Reduced Risk: Micro-futures trading offers traders the opportunity to develop their skills while minimizing potential risk exposure.


  • Generous Profit Sharing: 100% of the first $25,000 in profits, then 90% thereafter.


  • Regular Payouts: Payouts are made twice per month, ensuring frequent access to earnings.
  • Reset Options: Unlimited reset with a fee.


  • Multiple Trading Platforms: Supports various platforms like NinjaTrader, Tradovate, etc., offering flexibility.


  • Educational Resources: Offers educational programs and a supportive community, aiding trader development.

Cons:


  • Cost Variation: Monthly costs range from $137 to $677, which might be high for some traders.


  • Drawdown Limits: Stringent drawdown limits (e.g., $1,500 for a $25k account) require careful risk management.


  • Initial Withdrawal Limits: Withdrawal limits in the first three months may restrict access to funds.


Tradable Assets and Leverage

 Assets: At Apex Trader Funding, traders can access a wide range of trading instruments across various categories. These include:

  • Equity Futures: Such as the E-mini S&P 500, E-mini NASDAQ 100, Mini-DOW, and more.
  • Interest Rate Futures: Like the 2-Year Note, 5-Year Note, 10-Year Note, and others.
  • Currency Futures: Including the Australian Dollar, British Pound, Euro FX, Japanese Yen, etc.
  • Agricultural Futures: Covering commodities like Corn, Wheat, Soybeans, and others.
  • Energy Futures: Such as Crude Oil, Natural Gas, Heating Oil.
  • Metal Futures: Including Gold, Silver, Copper, Platinum, and Palladium.
  • Micro Futures: Like Micro E-Mini S&P 500, Micro E-Mini Dow Jones, Micro E-Mini Nasdaq-100, and more.
  • Cryptocurrency Futures: Micro Bitcoin and Micro Ethereum.


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.

Payout System and Trading Platforms

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:

  1. NinjaTrader: Offers advanced charting, analysis, and simulation tools. Ideal for customizable trading experiences.
  2. Tradovate: A cloud-based platform known for its simplicity and innovative technology. Allows seamless trading across devices.
  3. TradingView: Popular for its powerful charting capabilities and social networking features, enabling strategy sharing among traders.
  4. Rithmic: Provides a high-performance data feed and trade execution solution, favored for its low latency and reliable market data.
  5. Additional Platforms: Apex also supports Sierra Chart, Bookmap, and others, offering a range of choices to suit various trading styles.

Each platform is integrated to offer flexibility and choice, emphasizing Apex Trader Funding's commitment to accommodating different trading approaches and experience levels. 

Pricing Information

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

Reputation and Social Media

Funded Trader Trust Pilot

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.

The Funded Trader Instagram Page

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.

The Funded TrTwitter

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.

How does it work ?

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:


  • Profit Goal and Drawdown Limits: Traders must meet the profit goal set for their chosen evaluation account without exceeding the maximum drawdown limit. Different account types have varying profit goals and drawdown limits. For instance, a $250,000 account might have a profit goal of $15,000 with a trailing threshold of $6,500​​.


  • Trailing Threshold Drawdown: This includes both realized and unrealized profits. Traders need to understand that the trailing threshold drawdown is a crucial factor in the evaluation. For example, if a trader's account reaches a certain profit level and then drops back to the starting level, this could trigger an evaluation failure​​.


  • Minimum Trading Days: Traders must trade for a minimum number of days, typically at least seven trading days, which do not need to be consecutive​​​​.


  • Code of Conduct and Trading Rules: Traders must adhere to Apex Trader Funding's Code of Conduct and specific trading rules. This includes not allowing someone else to trade their account, maintaining professional conduct, and understanding the specific guidelines for trading various instruments​​.


  • Trading Platforms and Multiple Accounts: Apex Trader Funding supports various trading platforms like Rithmic, Tradeovate, and NinjaTrader. Traders can trade up to 20 accounts simultaneously, increasing profits if managed properly​​.


  • Risk Management and Compliance: Effective risk management is essential. Traders must adhere to the maximum drawdown limits, avoid prohibited trading strategies, and comply with risk management protocols and trading hours​​​​.


  • Profit and Payout Details: Apex Trader Funding offers a generous profit-sharing plan. For the first $10,000 in profits, traders keep 100%, and after that, the split is 90% for the trader and 10% for Apex. Traders can withdraw profits once per month with no fees​​.


  • Evaluation Reset: Apex Trader Funding allows traders to reset their evaluation accounts if they fail to meet the criteria during the evaluation phase. The reset option enables traders to start over with a fresh account, giving them another chance to achieve the targets without the setbacks of their previous attempts. For the Rithmic/NinjaTrader Plan, the reset fee is $80 per reset, unlimited resets, and for the Tradovate/NinjaTrader Plan, you can reset for $100 per reset, unlimited resets.


  • Paid Funded Account: You can have 20 paid accounts, and the fee includes the Data/Ninja Platform Fee.

Plan Types

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

Learnings

Apex Trader Funding offers a range of third-party tools and resources to assist traders. Some of the notable tools and services include:

  1. Trade Copier: This tool allows traders to manage multiple accounts with a single click, enhancing efficiency in executing trades.
  2. Tick Strike: A tool designed to help traders hear and read market order flow, providing valuable insights into market dynamics.
  3. Education and Trade Room: Apex offers a 30-day free educational program, tools, and access to a trade room, supporting traders in their learning and trading journey.
  4. Mobile Trading Solutions: For traders who need mobility, there are options to trade using mobile devices, have a backup PC, or trade on a Windows machine, even from a Mac.
  5. Markers Plus: This is an automation tool for trades, which can be a significant asset for those looking to streamline their trading processes.
  6. Trading Computer Assessment: Offers resources to ensure your computer's performance is adequate for trading activities.
  7. Trading Psychology: Resources to help traders master the psychological aspects of trading, which can be crucial for long-term success.
  8. Dyno Trading Tools: These tools and resources are designed to simplify the complexities of trading, making it more accessible for traders at various levels.
  9. The Ninja Suite: This includes a suite of Auto Trading Bots and Indicators aimed at helping traders pass their evaluation accounts and start earning real money efficiently.
  10. The Pit: An online Discord community where traders of all levels come together to trade Futures Markets, Equities, Options, and more.
  11. Quick Trade Ninja: A tool focused on management, allowing for efficient trade execution with a point-and-click interface.
  12. Futures Trading Coaching Program: This program is designed to help new traders with one-on-one coaching and mentoring.
  13. BackToTheFutureTrading: Offers services for securing and trading funded accounts with Tacheon Warp.


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.

Apex Trader Funding Review: Final Thoughts

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.

FAQs

  • What are the costs for different account plans at Apex Trader Funding?

    Monthly costs vary by account size and plan, ranging from $137 to $677.

  • What trading platforms does Apex Trader Funding support?

    Apex Trader Funding supports a variety of trading platforms including NinjaTrader, Tradovate, TradingView, Rithmic, Sierra Chart, Bookmap, and others.

  • What types of futures can I trade with Apex Trader Funding?

    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.

  • Are there any educational resources or community support available at Apex Trader Funding?

    Yes, Apex Trader Funding offers educational programs and access to a supportive community, aiding trader development and learning.

  • What are the account reset options and fees at Apex Trader Funding?

    Apex Trader Funding provides unlimited reset options with a fee, allowing traders to restart their evaluation process if needed.

  • What are the minimum balance requirements for payouts based on account size?

    Minimum balance requirements for payouts vary by account size, ranging from $26,600 to $307,600.

  • What is the profit share structure at Apex Trader Funding?

    Traders keep 100% of the first $25,000 in profits, and then 90% of profits thereafter.

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