Apex Trader Funding

Published as “Apex reviews your payout within 2 business days” and “If approved, funds are sent within 3–4 business days”; the receiving bank or payment provider then takes a further 3–7 business days, so the firm's own end-to-end estimate is 5–11 business days. Only an upper bound is published for the review step, not a minimum. Traders are told not to raise a ticket until 7 business days after the dashboard shows PAID. Live-program payouts are a separate track: approved live profits go to payment processing within 48 hours.

Identity and residency are verified during registration, and payout setup requires identity or tax data before any money moves: US traders enter an SSN or TIN (a business EIN for a business account) with an ACH-enabled US bank account, non-US traders enter a government ID or passport number and then complete onboarding with the third-party payment platform. The bank account country must match the declared country of residence. A trader claiming the exception to the restricted-country list must hold a valid physical government-issued ID from a non-restricted country — driver's licence, residency permit, passport, state ID or physical government ID card — with no copies, digital versions, visas alone or photos of an ID on a screen accepted.

A trading day runs 6:00 PM ET to 4:59 PM ET the next day, and all times the firm publishes are US Eastern. Agricultural markets close earlier and must be flat sooner — 2:05 PM ET for HE, LE and GF and 2:20 PM ET for ZC, ZW, ZS, ZM and ZL. Trading on holidays is allowed while the market is open, but a holiday or CME half-day session is combined with the next full session and counted as one trading day, and the Daily Loss Limit does not reset after it. Live-program accounts must be flat by 4:50 PM ET instead.

20 active Performance Accounts is the total across every person in the same household, every company the trader owns and every vendor (Rithmic, Tradovate, WealthCharts) combined; a personal and a business user account share the same 20. Exceeding it makes the trader ineligible for payout and can mean forfeiture of all funds, closure of all PAs and a permanent ban. Evaluation accounts are explicitly uncapped.

No refunds of any kind: “We do not offer refunds, whether in whole or in part, for any purchases made through our website.” That covers the initial account fee, PA activation fees and data add-ons such as market depth or extra session logins. Choosing the wrong plan, platform or vendor is not refundable either — the trader keeps the plan or buys the correct one — and the platform article warns there are “NO REFUNDS or exceptions if you select the incorrect plan or platform” because Apex is charged for every account setup. Platform errors, data errors and stuck orders are excluded, as are orders where a promo code was mistyped, omitted or used outside its valid period. The one exception in the sources sits outside billing: evaluation accounts still active when a trader is selected for the live program are refunded, while ones already blown are not.

A Performance Account must record at least 2 trading days with $50 or more in net profit within every rolling 30 calendar days. At 15 days the account goes dormant (reminders on days 15 and 20); if the threshold is still unmet after 30 consecutive days the account is closed permanently, access is removed, and accumulated rewards and payout eligibility are forfeited. Closed accounts cannot be reinstated, and trading without clearing $50 does not count. Live accounts have their own rule: no trading for a month or 30 days may close the account, though an extension can be requested in advance.

The Apex Live Prop Trading Program is an invitation-only graduation out of the simulated environment into a separate live prop department with its own onboarding, member system, risk oversight and payout process. Selection is at Apex's discretion and cannot run alongside sim: on graduation every evaluation account is closed and every Performance Account deactivated. A live account starts at a $0 balance with a $3,000 end-of-day drawdown that locks at +$100 once the balance reaches $3,100, giving a $3,100 safety net; the account closes if the balance falls to $100 or less. Apex charges no monthly or up-front fee for the live account and covers the main professional data feed (about $140 per month), while commissions are set by the broker.

Tick sizes and point values are the firm's own homepage symbol table. The EUREX block is Tradovate-only (“Exception: Certain exchanges only available on Tradovate Platform”), carries extra exchange subscription fees, and is quoted in euros — €25 FDAX, €5 FDXM, €10 FESX, €100 FVS, €50 FXXP, €1 FDXS, €1 FSXE and €1,000 each for FGBX, FGBS, FGBM and FGBL — so no USD point value is recorded for those 11 rows. The tradable set also differs by vendor: WealthCharts omits the Japanese Yen (6J) and the EUREX products, and Tradovate dropped ICE US products on 13 March 2024. An order on a non-authorised instrument is rejected without penalty, and WealthCharts requires the front-month contract (e.g. NQZ5) — a continuous symbol such as NQ1 is rejected.