Apex Trading Group (often referred to as Apex Trader Funding) is a proprietary trading firm that provides funded trading accounts for futures traders. It enables traders to access capital and trade futures contracts while minimizing personal financial risk. Here’s a comprehensive overview of Apex Trading Group:

Key Features

Funding Programs

1. Evaluation Program
   • Phases: Typically a single evaluation phase.
   • Profit Targets: Ranges from $1,500 to $9,000 depending on the account size.
   • Drawdown Limits: Usually around $1,500 to $5,000 depending on the account.
   • Account Sizes: Ranges from $25,000 to $300,000.
   • Trading Period: Typically 30 days to meet profit targets.
2. Direct Funded Program
   • Phases: No evaluation, direct access to funded account.
   • Profit Targets: No targets since it's a direct funding model.
   • Drawdown Limits: Similar to the evaluation program.
   • Account Sizes: Varies up to $300,000.
   • Features: Immediate access to trading capital with a higher initial fee.

Trading Rules

• Instruments: Focuses on futures contracts including indices, commodities, and treasuries.
• Leverage: Variable, typically significant due to futures trading nature.
• Platforms: Supports major futures trading platforms such as NinjaTrader, Rithmic, and TradeStation.

Payouts

• Profit Split: Generally starts at 90%, potentially increasing based on performance.
• Frequency: Monthly or upon request.
• Payment Methods: Includes bank transfers, e-wallets, and other financial methods.

Fees

• Evaluation Fees: Monthly subscription fee based on the account size and trading conditions.
• Direct Funding Fees: Higher initial fee for immediate funding.

Trader Support

• Educational Resources: Offers tutorials, webinars, and market analysis tailored for futures trading.
• Community: Engages traders through forums, social media, and trading groups.
• Customer Support: Available via email, live chat, and phone support.

Pros and Cons

Pros

• High Profit Split: Up to 90%, competitive in the industry.
• Immediate Funding Option: Direct funded accounts without evaluation for experienced traders.
• Flexible Account Sizes: A variety of account sizes to accommodate different trader levels.

Cons

• Subscription Fees: Ongoing monthly fees for evaluation accounts.
• Drawdown Rules: Strict rules can be challenging for some traders.

Reputation

Apex Trading Group has gained a positive reputation for its trader-centric approach and competitive profit splits. The firm is known for its flexibility and comprehensive support for futures traders, including a straightforward evaluation process and educational resources.