Apex Trader Funding - Futures Prop Firm Details

• The 50% Consistency ensures that no single trading day accounts for more than 50% of your total accumulated profit at the time of a payout request.
• This applies to profits earned since your last approved payout, or since account inception if no payout has been made.

For Legacy Products:

• The Legacy 30% Consistency Rule ensures that no single trading day accounts for more than 30% of the total profit balance at the time of a payout request.

EOD (Standard & No Activation) - Trading Rules

Daily Loss Limit (DLL)

• Evaluation: A fixed Daily Loss Limit applies during each trading session. If the DLL is hit, trading is paused for the remainder of that session. The account remains active and resets at the next session open. Touching the EOD drawdown threshold — not the DLL — is what fails or closes the account.
• Daily Loss in the Performance Account is Tier Based.

EOD Drawdown Enforcement

• The drawdown threshold is recalculated once per day at 4:59:59 PM ET using the closing balance. That threshold is then enforced in real time during the following trading session. The threshold trails upward with new highs and never moves down.

Intraday (Standard & No Activation) — Trading Rules

No Daily Loss Limit (DLL) in Evaluation

• There is no Daily Loss Limit during the Intraday evaluation phase. Risk is controlled entirely by the intraday trailing threshold. In the Performance Account, a tier-based DLL is enforced intraday.

Intraday Trailing Drawdown Enforcement

• The drawdown threshold trails in real time with the peak balance, including unrealized profit. It never moves down. If the threshold is touched at any point during the session — including on open unrealized losses — positions liquidate and the evaluation fails or the PA closes immediately.

When EOD & Intraday Drawdown Stops Trailing

• Performance Accounts (PA): The Threshold stops trailing once it reaches Starting Balance + $100, and remains fixed from that point onward.
• Evaluations on Rithmic & WealthCharts: The Threshold stops trailing once it reaches an amount equal to the Target Profit balance, and remains fixed from that point onward.
• Evaluations on Tradovate: The Threshold trails indefinitely with the peak account balance / EOD account balance.

Legacy Products

• Legacy 30% Negative P&L Rule (MAE): The 30% Negative Profit and Loss (P&L) Rule limits the loss a trader can incur on any open trade or trades, providing a structured approach to risk management. Under this rule, the live, unrealized, open negative P&L cannot exceed 30% of the account’s profit balance at the start of the day.

• **Legacy 5:1 Risk-Reward Ratio Rule:**The 5:1 Risk-Reward Ratio Rule is a risk management guideline that ensures your trades are balanced with a responsible amount of risk relative to the potential profit. For every trade you make, your stop loss should not exceed five times the amount of your profit target.

• One Direction Rule (Directionally Biased Trading): Traders are only allowed to hold a position in one direction at any time—either long (buy) or short (sell). Traders are also prohibited from using a non-directionally biased strategy where they have open orders for both sides of the market

General Rules

Inactivity Rule

• Evaluation: None
• Sim Funded
  • Traders must record at least 2 trading days with $50+ new profit within every rolling 30-day period to keep the account active.
  • After 15 days of inactivity the account enters a dormant phase and if 30 consecutive days pass without meeting the threshold, the account is permanently closed with all rewards and payouts eligibility forfeited - no reinstatement.

News Trading

• Trading during news is allowed for your normal trading strategy. Using “news trading” strategies that “chase the market” or place orders on both sides but to be lucky or gamble the outcome of news is not allowed.

Expert Advisors

• All trading must be manually initiated — EAs, bots, scripts, macros, or any system that automates order placement, modification, or cancellation are strictly prohibited. Permitted tools are limited to signal/alert generators, platform-native order types (stop-loss, take-profit) set manually at entry, and charting/analysis software that does not interact with order submission.

Copy Trading

• Copy trading is allowed on both Evaluation and Performance Accounts, provided all accounts are under the same Apex user ID and email. Using separate accounts under different emails is not permitted. Third-party copier software is used at the trader's own risk — Apex is not responsible for malfunctions affecting profits, losses, or account liquidation.

No Hedging

• Holding both long and short positions simultaneously on the same or correlated instrument is strictly prohibited.

Contract Scaling Rules

• Traders are subject to tier-based scaling in the Performance Account. Maximum contracts during evaluation are fixed at 4 ($25K), 6 ($50K), 8 ($100K), or 12 ($150K), with tier-based scaling applied in the PA.

Trading With Risk Management

• All trades must have either pending or mental stop losses and a well-defined risk management strategy. Trading without these measures is strictly prohibited.

Using the Trailing Threshold as a Stop Loss

• Traders are prohibited from using the account's full Drawdown threshold as a stop-loss mechanism to absorb large losses, leading to account liquidation.

Evaluation Period

• The evaluation period is 30 calendar days with no extensions. There is no minimum trading days required. Traders may pass in a single day if the profit target is reached without breaching the drawdown rules. After passing, traders have 7 calendar days to activate their Performance Account.

Trading Hours Explained

• https://apextraderfunding.com/help-center/getting-started/futures-trading-times/

Prohibited Activities

• Account Sharing / Credential Sharing
• Third-Party Payments and Payouts
• Bad-Faith Chargebacks and Refund Disputes
• False or Misleading Information / Identity Misrepresentation
• Use of VPNs, Proxies, or Anonymizing Tools (to evade rules, hide violations, or facilitate misconduct)
• System or Documentation Manipulation / Staff Impersonation
• Abusive Use of Company Services / Gaming the Program
• Trading Without Stop Losses or Risk Management
• High-Risk Strategies (disproportionate risk-to-reward, e.g., 5-tick target / 150-tick stop)
• Using the Trailing Threshold as a Stop Loss
• Stockpiling Evaluation Accounts (buying multiple discounted accounts to intentionally blow up)
• Unsustainable Strategies
• Deviating from Professional Standards (strategies a trader wouldn't use on a personally funded broker account)
• Manipulation of the Simulated Trading Environment (includes HFT, erroneous-fill exploitation, non-directional bracket trading)
• Unauthorized Users (anyone other than the registered owner accessing the account)
• Account and Resource Sharing (MAC addresses, computers, IPs, credit cards, trade copying)
• Multiple Account Creation (including household/associated-party accounts to circumvent restrictions)
• Holding Positions Through Market Close
• Automation or Algorithm Usage
• News Trading Abuse (chasing the market or two-sided gambling on news; normal strategy news trades are allowed)
• Hedging (simultaneous long and short on same or correlated instruments)
• See details: https://apextraderfunding.com/help-center/getting-started/prohibited-activities/

Consequences for Rule Violations:

• Violations may lead to placement in Trader Probation, account closure, forfeiture of funds, and potential additional verification or audits.

Apex Code of Conducts Explained

• https://apextraderfunding.com/help-center/getting-started/code-of-conduct/

EOD (Standard & No Activation) Payout Policy

Profit Split: 100%

• Payout Frequency
  • 25K: 5 winning days of $100+ each day
  • 50K: 5 winning days of $250+ each day
  • 100K: 5 winning days of $300+ each day
  • 150K: 5 winning days of $350+ each day

Other Payout Requirements:

• 50% Consistency Score

Safety Net

• The safety net is calculated as your drawdown limit plus $100. This requirement applies for the entire lifetime of the Performance Account.
  • 25K: $26,100
  • 50K: $52,100
  • 100K: $103,100
  • 150K: $154,100

Min Balance to Request

• The minimum balance to request is calculated as your safety net plus minimum payout amount:
  • 25K: $26,600
  • 50K: $52,600
  • 100K: $103,600
  • 150K: $154,600

Minimum payout amount: $500

EOD Performance Account Max Payouts

• 25K Account — 1st - 6th Payout: $1,000

• 50K Account — 1st & 2nd Payout: $1,500 | 3rd Payout: $2,000 | 4th & 5th Payout: $2,500 | 6th Payout: $3,000

• 100K Account — 1st Payout: $2,000 | 2nd & 3rd Payout: $2,500 | 4th Payout: $3,000 | 5th & 6th Payout: $4,000

• 150K Account — 1st Payout: $2,500 | 2nd, 3rd & 4th Payout: $3,000 | 5th Payout: $4,000 | 6th Payout: $5,000

• Maximum 6 payouts per Performance Account

Intraday (Standard & No activation) Payout Policy

Profit Split: 100%

Payout Frequency

• 25K: 5 winning days of $100+ each day
• 50K: 5 winning days of $200+ each day
• 100K: 5 winning days of $250+ each day
• 150K: 5 winning days of $300+ each day

Other Payout Requirements:

• 50% Consistency Score

Safety Net

• The safety net is calculated as your drawdown limit plus $100. This requirement applies for the entire lifetime of the Performance Account.
  • 25K: $26,100
  • 50K: $52,100
  • 100K: $103,100
  • 150K: $154,100

Min Balance to Request

• The minimum balance to request is calculated as your safety net plus minimum payout amount
  • 25K: $26,600
  • 50K: $52,600
  • 100K: $103,600
  • 150K: $154,600

Minimum payout amount: $500

Intraday Performance Account Max Payouts

• 25K Account — 1st - 6th Payout: $1,000

• 50K Account — 1st Payout: $1,500 | 2nd Payout: $2,000 | 3rd & 4th Payout: $2,500 | 5th & 6th Payout: $3,000

• 100K Account — 1st Payout: $2,000 | 2nd Payout: $2,500 | 3rd & 4th Payout: - $3,000 | 5th & 6th Payout: $4,000

• 150K Account — 1st Payout: $2,500 | 2nd & 3rd Payout: $3,000 | 4th & 5th Payout: $4,000 | 6th Payout: $5,000

• Maximum 6 payouts per Performance Account

Legacy Products:

Safety Net Requirement: (needs to be maintained for first 3 approved payouts)

• 25K: $1600

• 50K: $2600

• 100K: $3100

• 150K: $5100

• 250k - $5600

• 300k - $7600

• 8 trading days of which 5 need to have a profit of $50 or more also required

• Minimum Payout: $500

Maximum Payout:

• $25k - $1500

• $50k - $2000

• $100k - $2500

• $150k - $2750

• $250k - $3000

• $300k - $3500

• These limits are until the trader completes five approved payouts. Starting with the sixth payout, the trader can withdraw 100% of the profits in the account