- Apex (founded 2021) is a US-based prop firm focused exclusively on futures.
- The 8-day payout (withdrawal of profit shares) cycle is faster than the industry’s 14-day norm.
- Traders can run up to 20 accounts in parallel, which helps spread evaluation risk.
- Profit split sits at 100% on the first $25K of earnings, then 90% beyond that.
Apex Trader Funding launched in 2021 and grew quickly inside the US futures niche. In our review, the combination of multiple accounts, fast payouts, and 100% first-tier profit makes it one of the more aggressive options in the futures space. That said, the futures-only scope means FX, CFD, and crypto traders should look elsewhere.
Strengths
- 8-day payout cycle, reportedly among the fastest in futures prop trading.
- Up to 20 simultaneous accounts, useful for diversifying across strategies.
- 100% profit retention on the first $25K, dropping to 90% afterward.
- Platform support across Rithmic, Tradovate, NinjaTrader, and TradingView.
Concerns
The product is narrow by design. Futures-only means no FX, no CFDs, and no crypto, which limits portability of your strategy.
By contrast, Apex’s revenue model relies on a monthly subscription rather than a one-off challenge fee. Long stretches without passing can pile up, and US trading hours skew the schedule for non-US residents.
How Apex compares
| Apex | Topstep | Earn2Trade | |
|---|---|---|---|
| Founded | 2021 | 2012 | 2016 |
| Payout cycle | 8 days | Weekly / monthly | Monthly |
| Trust tier (our review) | High | Highest | High |
In short, Apex is a good fit for active futures specialists who can absorb the subscription cost and capitalize on the multi-account structure. Traders who want FX or CFD exposure are better served elsewhere.
For FX or CFD coverage instead: The5%ers (coupon “HZZS4”) / FTMO