A Comprehensive Guide to Apex Funded Trading Firm in 2024 | My Blog Story My Blog Story

Sunday 4 August 2024

A Comprehensive Guide to Apex Funded Trading Firm in 2024

By Keerthish Kodali 00:12 Leave a Comment

Apex Funded Trading Firm offers traders an exciting opportunity to engage in financial markets using the firm's capital, minimizing personal financial risk. Whether you're an aspiring trader in India or anywhere else, this guide explores every aspect of Apex Funded Trading, from account options and the evaluation process to trading conditions and payout rules. By the end of this post, you’ll have a clear understanding of how to thrive with Apex.

Understanding Apex Funded Trading Accounts

Apex Funded Trading provides a range of account types tailored to different trading styles and risk tolerances. Below is a detailed overview of each account type:

$25,000 Account

  • Monthly Fee: $147
  • Profit Goal: $1,500
  • Trailing Threshold: $1,500
  • Contracts Allowed: Up to 4 contracts (or 40 micro contracts)
  • Drawdown Conditions: No daily drawdown; the trailing threshold adjusts with profits to manage risk.

$50,000 Account

  • Monthly Fee: $167
  • Profit Goal: $3,000
  • Trailing Threshold: $2,500
  • Contracts Allowed: Up to 10 contracts (or 100 micro contracts)
  • Drawdown Conditions: Offers more leverage compared to the $25,000 account.

$100,000 Account

  • Monthly Fee: $207
  • Profit Goal: $6,000
  • Trailing Threshold: $3,000
  • Contracts Allowed: Up to 14 contracts (or 140 micro contracts)
  • Drawdown Conditions: Provides significant leverage for experienced traders.

$150,000 Account

  • Monthly Fee: $297
  • Profit Goal: $9,000
  • Trailing Threshold: $5,000
  • Contracts Allowed: Up to 17 contracts (or 170 micro contracts)
  • Drawdown Conditions: Ideal for traders with a robust strategy.

$250,000 Account

  • Monthly Fee: $517
  • Profit Goal: $15,000
  • Trailing Threshold: $6,500
  • Contracts Allowed: Up to 27 contracts (or 270 micro contracts)
  • Drawdown Conditions: Offers access to substantial capital for aggressive strategies.

$300,000 Account

  • Monthly Fee: $657
  • Profit Goal: $20,000
  • Trailing Threshold: $7,500
  • Contracts Allowed: Up to 35 contracts (or 350 micro contracts)
  • Drawdown Conditions: Maximum leverage for seasoned traders.

$100,000 Static Account

  • Monthly Fee: $137
  • Profit Goal: $2,000
  • Total Drawdown: $625
  • Contracts Allowed: Up to 2 contracts (or 20 micro contracts)
  • Drawdown Conditions: No trailing threshold; fixed drawdown for simpler risk management.

How to Pass the Evaluation Phase

Passing the evaluation phase is a crucial step to becoming a funded trader with Apex. Here’s how you can successfully navigate this phase:

Evaluation Process

  1. Profit Goal Achievement:

    • Each account has a specific profit target that traders must meet during the evaluation period. For example, a $100,000 account requires a $6,000 profit to qualify.

  2. Adherence to Trailing Threshold:

    • The trailing threshold acts as a dynamic stop-loss, adjusting based on the trader’s highest account balance during the evaluation. This mechanism ensures traders protect their capital.

  3. Consistency Rule:

    • Traders must demonstrate consistent trading behavior. The largest profit day must not exceed 30% of total profits at the time of the payout request. This rule prevents reliance on a few lucky trades.

  4. Minimum Trading Days:

    • A minimum of 10 trading days is required during the evaluation phase. This ensures traders engage with the markets regularly.

  5. No Daily Drawdown:

    • Unlike some firms, Apex does not impose daily drawdown limits, giving traders more freedom to execute their strategies.

Transitioning to a Funded Account

Once you’ve passed the evaluation, you transition to trading with firm capital, enjoying additional benefits and fewer restrictions:

  1. Profit Retention:

    • Traders keep 100% of their first $25,000 in profits, providing a strong incentive to perform well from the start.

  2. Profit Split:

    • After the initial $25,000, traders receive a 90% share of subsequent profits, maintaining a high level of reward.

  3. No Daily Drawdown Limits:

    • Funded accounts do not have daily drawdown restrictions, allowing traders greater flexibility.

  4. Ongoing Support and Resources:

    • Apex provides access to top trading platforms like TradingView, NinjaTrader, and Tradovate, enhancing the trading experience.

Understanding Payout Rules

Apex offers a clear and generous payout structure designed to incentivize consistent performance:

  1. Payout Frequency:

    • Traders can request payouts twice a month, with requests processed by the end of the month.

  2. Withdrawal Limits:

    • For the first three months, withdrawals are limited to specific amounts based on account size, encouraging traders to build their balance.

  3. Minimum Withdrawal Amount:

    • The minimum withdrawal is $500. Traders must ensure their account balance meets the required level before requesting a payout.

  4. Increasing Withdrawal Flexibility:

    • After the first three months, traders can withdraw unlimited profits, allowing them to fully capitalize on their success.

  5. Managing Payout Requests:

    • Traders must maintain their account balance above the trailing threshold and adhere to the consistency rule to avoid penalties.

Additional Features and Support

Apex Funded Trading offers several additional features that enhance the trading experience:

  1. Platform Compatibility:

    • Apex supports multiple trading platforms, including Rithmic, TradingView, NinjaTrader, and Tradovate, allowing traders to choose their preferred tools.

  2. Comprehensive Trading Tools:

    • Traders have access to advanced tools like Tick Strike for market flow analysis, Markers Plus for trade automation, and ChartPros for simplifying complexities.

  3. Educational Resources:

    • Apex provides courses and one-on-one mentoring to help traders improve their skills and strategies, which is particularly valuable for those new to funded trading.

  4. Risk Management:

    • Apex’s account structure encourages responsible risk management, which is crucial for long-term success.

  5. Customer Support:

    • Apex offers support via live chat and ticketing, providing prompt assistance to traders.

Exclusive Offer: 80% Discount on Evaluation Accounts

Apex is currently offering an 80% discount on evaluation accounts, making it an excellent time to join. Additionally, traders can pass the evaluation phase in as little as one day, fast-tracking their way to trading with firm capital. To take advantage of this offer and begin your trading journey, visit the Apex Trading Fund website.

Conclusion

Apex Funded Trading Firm provides a fantastic opportunity for traders to access substantial capital without risking their own money. By offering a variety of account types, a structured evaluation process, and generous payout terms, Apex is well-suited for traders looking to grow their skills and achieve financial success in the markets.

Traders who understand and adhere to Apex’s rules and conditions can maximize their chances of success and fully leverage the benefits of a funded trading account. Whether you are a new or experienced trader, Apex provides the tools and opportunities to excel in the trading world.

Thankq one and all for visiting our blog . Keep visiting :)


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About Author

    • KEERTHISH KODALI (Sunny) is the founder of www.MyBlogStory.com . He is very friendly guy ,who wants whole world to be united without any border. He is passionate about blogging. He is a DevOps engineer, Systems Engineer, Data Center Analyst , Professional Blogger and an addicted Web Designer. Ofcourse a Stock Traders and Crypto Investor ~~~ Read More

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