How to Trade the Big 3 News Events in Prop Firms
COUNTRY US Flag US
CEO Darrell Martin
Date Created 2021
Apex Trader Funding
Years In Operation: 4
Date Created 2021
4.5 out of 5 Trustpilot

4.5

0 total reviews
5
36
4
11
3
3
2
1
1
1
4.5
80% Discount
CODE
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Firm Overview

TRADABLE MARKETS:
Futures
PAYMENT METHODS:
Credit/Debit Card
Credit/Debit Card
PLATFORM:
ATAS
BookMap
EdgeProX
Finamark
Jigsaw Trading
MotiveWave
NinjaTrader
Quantower
Rithmic
SierraChart
TradingView
Tradovate
VolFix
WealthCharts
Available Support Channels:
Email
Email
24/7 SUPPORT AVAILABLE
Payout Methods:
ACH

Leverage

Max Contract Size Allowed per Account Size
1-Step Full (Apex)
4 (40 Micros)
10 (100 Micros)
14 (140 Micros)
27 (270 Micros)
35 (350 Micros)
1-Step Static (Apex)
2 (20 Micros)

Commissions

Rithmic
Symbol Per Side ($) Round Turn ($)
ES, NKD, NQ, YM, EMD, RTY 1.99 3.98
6A, 6B, 6C, 6E, 6J, 6S, 6N 2.36 4.72
HE, LE, GF, ZC, ZW, ZS, ZM , ZL 2.79 5.58
CL, NG, HO, RB 1.98 3.96
QM 1.96 3.92
QG 1.26 2.52
GC, SI, HG, PL, PA 2.31 4.62
QI, QO 1.51 3.02
MES, MYM, MNQ, M2K, MCL 0.51 1.02
MGC 0.76 1.52
M6A, M6E, M6J 0.42 0.84
MBT 2.76 5.52
MET 0.46
WealthCharts
Symbol Per Side ($) Round Turn ($)
YM, ES, NQ, RTY 1.55 3.10
EMD 1.50 3.00
NKD 2.32 4.64
6A, 6B, 6C, 6S, 6E, 6N, GC, HG, SI, PL, PA 1.77 3.54
HE, LE, GF, ZS, ZL, ZC, ZQ, ZM 2.27 4.54
RB, CL, NQ, HO 1.67 3.34
QM 1.37 2.74
QG 0.67 1.34
QI, QO 1.17 2.34
MYM, MES, MNQ, M2K 0.52 1.04
MGC, MCL 0.67 1.34
M6A, M6E 0.41 0.82
Tradovate
Symbol Per Side ($) Round Turn ($)
YM, ES, NQ, RTY 1.55 3.10
EMD 1.50 3.00
NKD 2.32 4.64
FDAX 1.46 2.92
FDXM 0.46 0.92
FESX 0.59 1.18
FVS 0.68 1.36
FXXP 0.39 0.78
FDXS 0.34 0.68
FSXE 0.30 0.60
FGBX, FGBS, FGBM, FGBL 0.45 0.90
6A, 6B, 6J, 6C, 6S, 6E, 6N, NG, GC, HG, SI, PL, PA 1.77 3.54
HE, LE, GF, ZS, ZL, ZC, ZW, ZM 2.27 4.54
RB, CL, HO 1.67 3.34
QM 1.37 2.74
QG 0.67 1.34
QI, QO 1.17 2.34
MYM, MES, MNQ, M2K 0.52 1.04
MGC, MCL 0.67 1.34
M6A, M6E 0.41 0.82
MBT 2.67 5.34
MET 0.37 0.74

Consistency Rules

  • Only on the Funded Account – 30% Consistency Rule, largest day's profit cannot exceed 30% of the total profit.
    • Resets after a payout.
  • Applies until the 6th Payout or until the account is transferred to a Live Prop Trading Account

Firm Rules

  1. Minimum Trading Days (on evaluation) – Unless there are active 1-day-pass promotions, must complete a minimum of seven non-consecutive trading days for a valid evaluation.
  2. Trade Close-Out Timing – All trades must be closed before 4:59PM ET.
  3. Contract Scaling Rule – Traders restricted to trading half of their maximum contracts for a given account until they reach the trailing threshold stop.
  4. 30% Negative P&L Rule – The loss a trader can incur on the live, unrealised negative P&L cannot exceed 30% of the account’s profit balance at the start of the day.
  5. 5:1 Risk-Reward Ration Rule – Cannot exceed 5:1 risk-to-reward ratio on a given trade.
  6. One Direction Rule – Can only hold a position in one direction are a time. Prohibited from holding open orders for both sides of the market.
  7. Total Limit of 20 Active PA Accounts across all people in the same house, companies and connections as well as across all trading platforms offered on Apex Trader Funding.
  8. Copy trading is allowed under your personal name and business name. The hedging rule still applies meaning that all accounts must trade in the same direction on correlated assets.

Payout Policy

Payout Policy
  • Must meet the following criteria for a payout:
    • 8 Trading Days – Have completed at least 8 trading days on the account.
    • Profit on 5 Days – Out of those 8 days, 5 must show a profit of $50 or more.
    • Safety Net – Applies for the first 3 payouts. That is your drawdown limit plus $100.
    • Consistency Rule – No single trading day profits account for more than 30% of the total profit balance at the time of requesting a payout.
    • Payout – If the safety net is met, a payout of the minimum amount of $500 can be requested. To request a payout above $500, the balance must exceed the safety net threshold by the payment amount requested.
Account SizeMinimum Required Balance for a Payout
$25k Account$26,600
$50k Account$52,600
$100k Account$103,100
$150k Account$155,100
$250k Account$256,600
$300k Account$307,600
$100k Static$102,600

KYC

KYC Verification after passing a funded account.

Restricted Countries

Afghanistan
Afghanistan
Kenya
Kenya
Algeria
Algeria
Kosovo
Kosovo
Lebanon
Lebanon
Belarus
Belarus
Senegal
Senegal
Benin
Benin
Liberia
Liberia
Serbia
Serbia
Libya
Libya
Somalia
Somalia
Burkina Faso
Burkina Faso
Madagascar
Madagascar
South Africa
South Africa
Burundi
Burundi
South Sudan
South Sudan
Cameroon
Cameroon
Sri Lanka
Sri Lanka
Central African Republic
Central African Republic
Mauritius
Mauritius
Sudan
Sudan
China
China
Mongolia
Mongolia
Tanzania
Tanzania
Côte d'Ivoire
Côte d'Ivoire
Cuba
Cuba
Mozambique
Mozambique
Trinidad and Tobago
Trinidad and Tobago
Namibia
Namibia
Tunisia
Tunisia
Turkey
Turkey
Uganda
Uganda
Nicaragua
Nicaragua
Ukraine
Ukraine
North Korea
North Korea
Venezuela
Venezuela
Vietnam
Vietnam
Iraq
Iraq
Pakistan
Pakistan
Yemen
Yemen
Papua New Guinea
Papua New Guinea
Qatar
Qatar
Zimbabwe
Zimbabwe
Republic of the Congo
Republic of the Congo

Frequently Asked Questions

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ApexTrader

Trailing drawdown starts at the liquidation threshold. As account balance increases, the trailing drawdown follows the peak unrealised balance until it becomes fixed. 

  • Full Accounts:
    • Max drawdown stops trailing once the liquidity threshold reaches the initial balances plus $100.
    • The trailing threshold stops moving once your unrealised balance exceeds the starting balance by the drawdown amount plus $100.
  • Static Accounts:
    • The drawdown level stats unchanged. For example, a 100k Static account has a set drawdown at $99,375

No, all trades must be closed by 4:59PM ET. It is a trader’s responsibility to ensure all trades are closed by this time. 

Yes, you can trade through news events. Although you cannot use multi-directional strategies during news. 

Most users receive payouts within 5-11 business days. 

You need a minimum of 8 trading days before you can request a payout. Of those, 5 days have to have a minimum profit of $50. Along with this, there are other criteria you have to meet which can be seen in the Payout Policy section. 

Apex Trader Funding Prop Firm Challenges

FIRM
PROFIT TARGET
DAILY LOSS
MAX LOSS
PROFIT SPLIT
PAYOUT FRE.
PRICE
$1,500
None
$1,500
100% i
8 Trading Days with Profit on 5 Days
$ 35.40
$ 177.00
Month
$3,000
None
$2,500
100% i
8 Trading Days with Profit on 5 Days
$ 37.40
$ 187.00
Month
$6,000
None
$3,000
100% i
8 Trading Days with Profit on 5 Days
$ 59.40
$ 297.00
Month
$9,000
None
$5,000
100% i
8 Trading Days with Profit on 5 Days
$ 79.40
$ 397.00
Month
$15,000
None
$6,500
100% i
8 Trading Days with Profit on 5 Days
$ 99.40
$ 497.00
Month
$20,000
None
$7,500
100% i
8 Trading Days with Profit on 5 Days
$ 119.40
$ 597.00
Month
$20,000
None
$7,500
100% i
8 Trading Days with Profit on 5 Days
$ 119.40
$ 597.00
Month

Price History

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