Overview
Apex Trader Funding is known for ultra-cheap evaluations starting at $37, but requires a mandatory activation fee to go live. Their intraday trailing drawdown offers the largest buffer but is also the strictest in real-time risk management.
Key Strengths
- Cheapest evaluation cost in the industry
- Largest drawdown buffer at $2,500
- Long-standing reputation and payout history
- Wide platform support
Considerations
- Highest total cost to fund due to activation fee
- Intraday trailing drawdown is the most restrictive
- 30% consistency rule once funded
- US-only
Understanding the Drawdown Rule
The $2,500 drawdown trails in real time with unrealized profits, meaning risk limits adjust during active trades.
Payout Timeline & Process
Payouts are reliable but require meeting the 30% consistency rule in funded accounts.
Account Sizes
| Account Size | Eval Cost | Activation | Profit Target | Min Funded Days | Profit Split |
|---|---|---|---|---|---|
| 50k | $37 | ~$150 | $3,000 | 7 days | 90% |
| 100k | $74 | ~$150 | $6,000 | 7 days | 90% |
| 150k | $111 | ~$150 | $9,000 | 7 days | 90% |
Who Apex Trader Funding is Best For
- Traders who want maximum drawdown cushion
- Those comfortable managing real-time trailing risk
- Traders who value a proven firm