Apex Trader Funding

Overview

Apex Trader Funding Inc. is an unregulated trading firm headquartered in China, offering a variety of account types and trading platforms to cater to traders' needs. Founded in 2023, the company provides traders with the option of choosing between lifetime and monthly fee structures for their Performance Accounts, with fees ranging from $130 to $360 for various account sizes. Traders can access a wide range of tradable assets, including equities, interest rates, currencies, commodities, cryptocurrencies, and more. The platform supports popular trading platforms such as NinjaTrader 8, Tradovate, and Rithmic RTrader Pro, providing flexibility and convenience to traders. Additionally, Apex Trader Funding offers customer support via phone during business hours and a 24/7 help desk, ensuring assistance is available when needed. Accepted payment methods include Visa, Mastercard, Discover, and American Express, providing convenience in funding accounts. Overall, Apex Trader Funding aims to provide traders with accessible and reliable trading services, although traders should be aware of the lack of regulatory oversight.

Regulation

Apex Trader Funding operates without regulatory oversight, posing potential risks to investors. Lack of regulation means there are no mandated safeguards or standards to protect traders' interests. Investors should exercise caution when engaging with unregulated entities like Apex Trader Funding due to the absence of regulatory supervision.

Pros and Cons

Apex Trader Funding offers traders both advantages and disadvantages to consider. While the platform provides access to a wide range of trading instruments and account types, its lack of regulatory oversight may pose potential risks to investors. Additionally, the platform's robust customer support and flexible payment options enhance the trading experience, but traders should exercise caution due to the absence of regulatory safeguards.

Market Instruments

Apex Trader Funding offers trading products across various asset classes and exchanges:

Equity Index Futures:

• E-mini S&P 500 (ES)

• Nikkei (NKD)

• E-mini NASDAQ 100 (NQ)

• Mini-DOW (YM)

• E-mini Midcap 400 (EMD)

• Russell 2000 (RTY)

• Micro E-Mini S&P 500 (MES)

• Micro E-Mini Dow Jones (MYM)

• Micro E-Mini Nasdaq-100 (MNQ)

• Micro E-Mini Russell 2000 (M2K)

Interest Rate Futures:

• Micro 10 Year Yield Futures (10Y)

• 2-Year Note (ZT)

• 5-Year Note (ZF)

• 10-Year Note (ZN)

• 30-Year Bond (ZB)

• Ultra-Bond (UB)

Currency Futures:

• Australian Dollar (6A)

• British Pound (6B)

• Canadian Dollar (6C)

• Euro FX (6E)

• Japanese Yen (6J)

• Swiss Franc (6S)

• Micro E-Mini AUD/USD (M6A)

• Micro E-Mini EUR/USD (M6E)

Commodity Futures:

• Corn (ZC)

• Wheat (ZW)

• Soybeans (ZS)

• Soybean Meal (ZM)

• Soybean Oil (ZL)

• Crude Oil (CL)

• Mini Crude Oil (QM)

• Natural Gas (NG)

• E-mini Natural Gas (QG)

• Heating Oil (HO)

• New York Harbor (RB)

• Gold (GC)

• Silver (SI)

• Copper (HG)

• Platinum (PL)

• Palladium (PA)

• E-mini Silver (QI)

• E-mini Gold (QO)

• Micro Crude Oil (MCL)

Cryptocurrency Derivatives:

• Micro Bitcoin (MBT)

• Micro Ethereum (MET)

Index Futures:

• DAX Index (FDAX)

• Mini-DAX (FDXM)

• Euro Stoxx 50 (FESX)

• VSTOXX (FVS)

• STOXX Europe 600 (FXXP)

• Micro DAX Index (FDXS)

• Micro Euro Stoxx 50 (FSXE)

• Euro-Buxl (FGBX)

• Euro-Schatz (FGBS)

• Euro-Bobl (FGBM)

• Euro-Bund (FGBL)

• Mini-MSCI Emerging Market (MME)

• US Dollar Index (DX)

Agricultural Commodities:

• Sugar No. 11 (SB)

• Coffee (KC)

• Cocoa (CC)

• Cotton (CT)

Other Commodities:

• Mini-Gold (YG)

• Mini-Silver (YI)

With this extensive range of products, traders can diversify their portfolios and engage in various markets to suit their strategies and preferences.

Account Types

Apex Trader Funding offers two distinct account types catering to traders' varying needs: Performance Account (PA) and Evaluation Account (Eval). The Performance Account entails real trading with the trader's own capital, potentially rewarding them based on profits generated. On the other hand, Evaluation Accounts provide a simulated environment for traders to test their strategies without financial risk, with successful traders possibly transitioning to Performance Accounts for real trading opportunities with the firm.

Fees

Apex Trader Funding offers two payment options for their Performance Account (PA) fees: Lifetime and Monthly. Here's a breakdown of the fees associated with each option:

Lifetime Fee Option:

• This option is available for new PA accounts since December 2022.

• Once chosen, it cannot be changed later for that individual PA Account.

• Existing PA accounts before December 2022 do not have the option to switch to a Lifetime Fee.

• There are different lifetime fees based on the account activation amount, ranging from $130 for a 25k PA Activation Account to $360 for a 300k PA Tradovate Activation Account.

• The Lifetime Fee option entails a one-time payment for the particular account chosen.

Monthly Fee Option:

• Traders can opt for a Monthly Fee option, which requires a monthly payment.

• Once chosen, it cannot be changed later for that individual PA Account.

• The monthly fee for Rithmic PA accounts is $85, and for Tradovate PA accounts, it is $105.

• This option is suitable for traders who prefer paying on a monthly basis rather than a one-time fee.

It's important to note that once a payment option is selected for an individual PA Account, it cannot be changed later. Traders are advised to carefully consider their preferred payment method before making a decision. Additionally, the fees may vary based on the specific account activation amount and the platform chosen (Rithmic or Tradovate).

Trading Platforms

Apex Trader Funding provides access to their services through various trading platforms including:

1. NinjaTrader 8: NinjaTrader 8 is the preferred platform of Apex Trader Funding. Traders can use NinjaTrader 8 for desktop trading, and a free key is provided in the members' area. However, it's important to note that NinjaTrader 7 is not supported.

2. Tradovate: Tradovate is accessible through Tradovate Web or Mobile, TradingView, or NinjaTrader (Desktop Version or Mobile app). Traders can use the NinjaTrader mobile app with Tradovate, but the NinjaTrader web platform is not compatible.

3. Rithmic RTrader Pro: Traders can access Rithmic RTrader Pro for free in the members' area. This platform allows traders to activate their data feed, monitor account balances, drawdown, and place trades. RTrader Pro must be open when logging in for proper connection.

4. Other Platforms: Apex Trader Funding supports access to their services through additional platforms that support Rithmic login. These include WealthCharts, ATAS, Bookmap, Edge Clear EdgeProX, Finamark, Jigsaw Trading, MotiveWave, Quantower, RTrader Pro (PC only), Rithmic Trader Pro Mobile, Rithmic RTrader Pro-Web, Sierra Chart, and VolFix.

Payment Methods

Apex Trader Funding offers multiple payment methods to facilitate transactions for their Performance Account fees.

1. Visa: Visa is a widely accepted credit card network globally, allowing traders to make payments conveniently using their Visa-branded credit or debit cards.

2. Mastercard: Mastercard is another major credit card network accepted by Apex Trader Funding, providing users with a secure and efficient way to pay for Performance Account fees using their Mastercard-branded cards.

3. Discover: Discover is a well-known credit card network, and Apex Trader Funding accepts payments made through Discover-branded credit or debit cards. Traders can utilize their Discover cards to complete transactions seamlessly.

4. American Express: American Express (Amex) is a renowned credit card company, and traders can use their American Express-branded credit or charge cards to pay for Performance Account fees at Apex Trader Funding.

By accepting these major credit card networks—Visa, Mastercard, Discover, and American Express—Apex Trader Funding offers traders flexibility and convenience in making payments for their Performance Accounts. Traders can choose the payment method that best suits their preferences and enjoy the ease of completing transactions securely online.

Customer Support

Apex Trader Funding Inc. offers robust customer support services:

Contact Information: Traders can reach customer support via phone at 1-855-273-9873 during CST business hours, Monday to Friday from 9 am to 5 pm. This direct line provides assistance with account queries, technical issues, and general inquiries.

Help Desk: Traders have access to a 24/7 help desk to submit inquiries, report technical issues, or request assistance. This centralized platform ensures efficient communication and timely responses from the support team.

Conclusion

In conclusion, Apex Trader Funding provides traders with a comprehensive array of trading opportunities across various asset classes and exchanges. While the absence of regulatory oversight poses potential risks, traders can benefit from diverse account types, flexible payment options, and access to robust customer support services. With a commitment to empowering traders to navigate their trading journey confidently, Apex Trader Funding offers a range of platforms and instruments to suit traders' preferences and strategies, enabling them to diversify their portfolios and pursue their financial goals.

FAQs

Q: Is Apex Trader Funding regulated？

A: No, Apex Trader Funding operates without regulatory oversight, posing potential risks to investors.

Q: What account types does Apex Trader Funding offer？

A: Apex Trader Funding offers Performance Accounts (PA) for real trading and Evaluation Accounts (Eval) for simulated trading.

Q: What payment methods does Apex Trader Funding accept？

A: Apex Trader Funding accepts Visa, Mastercard, Discover, and American Express for payments.

Q: Can traders access customer support outside of business hours？

A: Yes, traders have access to a 24/7 help desk for assistance with inquiries and technical issues.

Q: What trading platforms does Apex Trader Funding support？

A: Apex Trader Funding supports various trading platforms, including NinjaTrader 8, Tradovate,

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.