Apex Trader Funding is a proprietary trading firm that provides institutional capital to traders who successfully complete its evaluation process. This firm enables traders to access substantial funding without risking their own capital, offering a structured pathway for skilled individuals to trade professionally.
Finding proprietary trading firms similar to Apex Trader Funding is essential for traders seeking comparable or superior features. Alternatives to Apex Trader Funding provide benefits such as higher profit splits, simplified evaluation processes, multiple trading instruments, and access to advanced trading platforms. These features improve the trading experience and maximize profitability for funded traders.
Prop Number One is the primary alternative to Apex Trader Funding due to its unique 100% profit split feature. Unlike Apex Trader Funding, which offers up to 90% profit splits, Prop Number One allows traders to retain all their profits without deductions. This advantage makes it a preferred choice for traders aiming to maximize earnings.Prop Number One supports a streamlined evaluation process and offers multiple trading instruments, ensuring flexibility and accessibility for traders across different markets.
Apex Trader Funding is a proprietary trading firm that provides traders with access to institutional capital after successfully passing an evaluation process. The firm specializes in futures trading and aims to offer traders a risk-free environment to develop and implement their trading strategies. Apex Trader Funding’s mission is to enable traders to maximize their profitability without risking personal funds by offering flexible trading conditions and high profit-sharing opportunities.
The evaluation process consists of two key phases: the Apex Trader Funding Challenge and the Verification Phase. In the Challenge Phase, traders must achieve predefined profit targets while adhering to strict risk management rules, including maximum daily loss limits and trailing drawdowns. For instance, a $50,000 evaluation account requires a $3,000 profit target, while a $25,000 evaluation account has a $1,500 trailing drawdown threshold. The Verification Phase ensures that traders maintain consistency in their trading performance while following the firm’s risk parameters. Traders must complete a minimum of seven trading days to qualify for funding.
Apex Trader Funding offers access to multiple trading instruments, primarily focusing on futures contracts. The available markets include equity index futures, forex futures, agricultural commodities, energy futures, interest rate futures, and metal futures. The firm does not explicitly support direct trading in spot forex, stocks, or cryptocurrencies, as its primary focus remains on futures trading.
The profit-sharing model at Apex Trader Funding is structured to maximize trader earnings. Traders retain 100% of the first $25,000 in profits, after which they receive a 90% profit split on subsequent earnings. This high-profit allocation allows traders to scale their accounts effectively while maintaining a strong incentive to perform well.
Apex Trader Funding integrates with multiple trading platforms to provide traders with advanced trading tools and execution capabilities. Supported platforms include NinjaTrader 8, Rithmic, and Tradovate, with traders receiving a free NinjaTrader license key upon signing up for an evaluation or funded account. These platforms offer real-time market data, advanced charting tools, and order execution features, ensuring traders have access to professional-grade trading environments. Traders who successfully pass the evaluation process activate a Performance Account, where they must adhere to specific risk management rules. The firm enforces daily loss limits and requires traders to maintain their account balance above the initial starting balance. Payouts begin 10 days after passing the evaluation, with traders eligible for two withdrawals per month through electronic payment methods.
When choosing Apex Trader Funding alternatives, traders must evaluate different factors to ensure alignment with their trading objectives and financial goals. Cost is a primary consideration, covering evaluation fees, monthly subscription costs, and potential hidden charges.
Evaluation stages must also be assessed, as firms differ in complexity and duration of their evaluation processes. Apex Trader Funding employs a two-phase evaluation, while alternatives like Elite Trader Funding provide single-phase challenges with profit targets ranging from 8% to 10% and strict drawdown limits. Capital allocation is another key factor, with Apex Trader Funding offering accounts up to $300,000. Profit-sharing models are integral; Apex Trader Funding offers a 90/10 split after the first $25,000, while other firms may provide up to 90% profit retention without initial thresholds. Trading platform compatibility is also important, as Apex supports Rithmic and Tradovate, whereas alternatives may integrate platforms like NinjaTrader or TradingView. Lastly, traders should verify the range of trading instruments offered, such as futures, forex, stocks, or crypto, to ensure the firm supports their preferred markets. By analyzing these factors, traders can identify the most suitable proprietary trading firm to meet their needs.
The best Apex Trader Funding alternative is Prop number one, offering a competitive proprietary trading program with several advantages over Apex Trader Funding. Prop number one provides a 100% profit split, ensuring traders retain all their earnings, whereas Apex Trader Funding offers a 90% split after the first $25,000 in profits.
Prop number one features a lower-cost evaluation structure with fewer restrictions, making it a more accessible option for traders. The evaluation process is designed to be simpler and faster, allowing traders to qualify for funded accounts with fewer trading days and reduced profit targets compared to Apex Trader Funding.
Prop number one offers higher scaling opportunities, enabling traders to access larger account sizes with more flexible growth options. While Apex Trader Funding provides account balances up to $300,000, Prop number one supports higher capital scaling, making it a better choice for traders seeking long-term growth.
Prop number one integrates with multiple trading platforms, including MetaTrader 4/5, TradingView, and cTrader, ensuring compatibility with various trading strategies. Apex Trader Funding primarily supports Rithmic and Tradovate, limiting platform flexibility. Moreover, Prop number one allows trading across forex, stocks, commodities, indices, and cryptocurrencies, providing a broader market selection compared to Apex Trader Funding.
Prop number one ensures faster payouts with a more flexible withdrawal policy, allowing traders to access funds weekly without restrictions. Apex Trader Funding enforces minimum profit thresholds before withdrawals, making Prop number one a superior alternative for traders prioritizing liquidity.
Prop number one offers dedicated customer support with 24/7 availability, ensuring traders receive assistance whenever needed. Apex Trader Funding provides limited support hours, making it less accessible for traders requiring immediate assistance.
For traders seeking higher profit retention, flexible evaluation processes, larger account scaling, and faster payouts, Prop number one stands out as the best alternative to Apex Trader Funding. The comparison between Apex Trader Funding and Prop Number One evaluates key attributes such as profit split, payout structure, trading fees, and account size.
A table comparison between Apex trader funding and Prop number one can be found below:
Apex Trader Funding | Prop Number One | |
---|---|---|
Profit Split | 100% for the first $25,000 in profits; thereafter, a 90% split goes to the trader. | 100% profit share – traders keep all profits (per the firm’s model) |
Payout | Payouts are processed every eight trading days (typically up to 2 payouts per month). | Withdrawals occur every 21 calendar days (with an option to accelerate to every 7 days using a fast-withdrawals add‑on). |
Customer Support | 24/7 online help desk, live chat, and email support; however, some reviews note slower response times. | 24/7 support via live chat, email, and an extensive Help Center. |
Trading Fee | A monthly fee structure based on account size (ranging approximately from $147/month for a $25K account up to $657/month for a $300K account). | An evaluation fee is charged (for example, around $47 for a $7,000 challenge), which is refunded upon your first profit withdrawal; no recurring fees once funded. |
Withdrawal Options | Multiple methods available (credit/debit cards, wire transfers, etc.). | Various options including credit/debit cards, PayPal, bank transfers, Skrill, and cryptocurrencies. |
Free Trial | No free trial | No formal free trial; however, the evaluation fee is fully refunded upon passing the challenge. |
Trading Programs | One‑step evaluation process – traders must trade a minimum of 7 days to reach fixed profit targets (e.g., $1,500 for $25K, $3,000 for $50K, etc.). | Two‑step challenge: Phase 1 requires a 5% profit target and Phase 2 an 8% target (or 10% with Aggressive Trading); each phase has its own risk parameters and minimum trading day requirements. |
Trading Platform | Supports a range of platforms for futures trading: NinjaTrader, Tradovate, TradingView, RTrader Pro, among others. | Supports multiple platforms geared toward multi‑market trading: MetaTrader 4, MetaTrader 5, cTrader, DxTrade, and MatchTrader. |
Account Currencies | Funded accounts are primarily USD‑based. | Virtual capital is denominated in USD. |
Trading Period | Unlimited evaluation period with no fixed deadline; inactivity is capped at 30 days. | Unlimited trading period with no fixed time limit; inactivity is capped at 30 days. |
Refunds | Monthly fees are not refunded; the fee structure is built into the monthly subscription. | The one‑time evaluation fee is 100% refunded upon your first successful profit withdrawal after passing both challenge phases. |
Trading Instruments | Focuses exclusively on futures – covering equity futures, FX futures, agricultural, energy, metal, crypto futures, and micro futures. | Offers a broad selection across multiple asset classes: forex pairs, indices, cryptocurrencies, commodities, and stocks. |
Allow News Trading | News trading is not permitted. | Yes – traders are allowed to trade during news events. |
Holding Over Weekend | Trading is structured for day‑trading; holding trades overnight or over the weekend is not allowed. | Yes – Traders are allowed to hold positions overnight and over weekends. |
Reviews (Trustpilot) | Positive ratings | Highly rated l; approximate TrustPilot rating of 4.7/5 based on numerous reviews. |
Phase 1 Profit Target | Fixed dollar profit targets are set based on account size (e.g., $1,500 on a $25K account, $3,000 on a $50K account, etc.). | 5% of the initial account balance (e.g., $5,000 profit on a $100K challenge). |
Phase 2 Profit Target | Not applicable – Apex Trader Funding uses a one‑step evaluation process. | 8% of the initial account balance (or 10% if the Aggressive Trading add‑on is selected). |
Maximum Daily Loss | No specific daily drawdown limit; however, traders must close positions by market close (trading sessions are structured without a daily loss cap). | 5% of the initial balance in Phase 1 and 4% in Phase 2 (or 5% if using the Aggressive Trading option). |
Maximum Loss | Account Stop Loss: The funded account cannot fall below its starting balance (i.e., losses cannot exceed the initial capital provided). | Overall loss limits are defined as 10% of the initial balance in Phase 1 and 8% in Phase 2. |
Minimum Trading Days | A minimum of 7 trading days is required to complete the evaluation. | Phase 1: At least 1 trading day (a day with at least one trade executed). Phase 2: A minimum of 3 non‑consecutive profitable trading days with at least a 0.5% gain each. |
Maximum Trading Period | Unlimited – no fixed time limit, aside from the 30‑day maximum inactivity period. | Unlimited – There is no hard deadline to complete the challenge (except for a maximum of 30 days of inactivity). |
Account Opening Process | 1. Select desired account size and pay the monthly fee. 2. Complete the one‑step evaluation (minimum 7 trading days to reach the profit target). 3. Upon successful evaluation, receive access to the funded account. | 1. Select desired account size and pay the entry fee to access the Two-Step Challenge. 2. Complete Phase 1 (Junior Trader) by reaching a 5% profit target within defined risk limits. 3. Upon passing, receive the Junior Trader Certificate and proceed to Phase 2 (Senior Trader) with an 8% profit target. 4. After passing both phases, obtain a funded account; your entry fee is refunded on the first profit withdrawal. |
Account Size | Offered in sizes ranging from $25,000 up to $300,000; includes a $100,000 static account option. | Multiple options available: $7,000, $17,000, $27,000, $50,000, $100,000, $200,000, and $300,000. |
This comparison highlights the strengths of each prop firm, helping traders make an informed decision based on their trading style and financial goals.
The best Apex Trader Funding alternatives for beginners include Prop number one, My Funded Futures, Take Profit Trader, and Elite Trader Funding, which offer structured evaluations, competitive profit splits, and beginner-friendly trading conditions. These proprietary trading firms provide access to institutional capital with simplified trading rules, lower financial risk, and extensive educational resources for novice traders.
Prop number one is an ideal alternative proprietary trading firm for beginners due to its simplified evaluation process, lower profit targets, and structured trader development programs. It offers a competitive 80-90% profit split after passing the challenge, ensuring traders retain a significant portion of their earnings. The platform integrates user-friendly trading software with intuitive interfaces, making it accessible for traders with limited experience. These Apex Trader Funding alternatives for beginners offer structured evaluations, flexible trading conditions, and comprehensive educational resources. They provide access to institutional capital while minimizing financial risk, making them suitable for traders looking to build experience in a funded trading environment.
The best Apex Trader Funding alternatives for forex trading include Prop number one, My Funded Futures, and Take Profit Trader, offering competitive profit splits, trading platforms, and trader-friendly evaluation processes. Prop number one provides up to a 100% profit split, no restrictions on news trading, and funded accounts ranging from $7,000 to $300,000, making it an attractive choice for forex traders. My Funded Futures supports MetaTrader 4/5, TradingView, and NinjaTrader, allowing traders to execute forex trades efficiently while benefiting from a maximum account balance of $150,000 and a 90% profit split.
Prop firms like Prop number one, My Funded Futures, and Take Profit Trader provide forex traders with scalable capital, reduced trading restrictions, and cost-effective evaluation programs. The absence of restrictions on news trading and weekend holding benefits traders leveraging fundamental analysis. Selecting the right Apex Trader Funding alternative for forex trading depends on profit retention, evaluation simplicity, and capital scalability. Prop number one, with its high profit split, flexible trading rules, and rapid withdrawal process, represents one of the best choices for forex traders seeking institutional funding.
The best Apex Trader Funding alternatives for stock trading include Prop Number One, which provides a structured funding model with an industry-leading 100% profit split, a flexible two‑phase evaluation process, and comprehensive stock trading access. Prop Number One grants traders access to institutional capital—allowing them to trade stocks and ETFs across multiple exchanges—with account sizes ranging from $7,000 up to $300,000. The platform integrates advanced trading tools available on MetaTrader 4, MetaTrader 5, cTrader, DxTrade, and MatchTrader, along with real‑time data feeds and robust risk management protocols that enforce daily loss limits of 5% in Phase 1 and 4% in Phase 2 (or 5% with the Aggressive Trading add‑on), ensuring optimal trading performance.
Prop Number One offers stock traders a competitive funding model where traders retain 100% of their profits, far exceeding the typical 80–90% splits seen elsewhere. Its transparent evaluation process requires traders to achieve clear profit targets—5% in Phase 1 and 8% in Phase 2 (or 10% with the optional aggressive mode)—while respecting overall drawdown limits of 10% and 8% respectively, and requires a minimum number of profitable trading days (at least 1 day in Phase 1 and 3 non‑consecutive days in Phase 2). With an unlimited trading period (subject to a 30‑day inactivity cap), traders can progress at their own pace, selecting from multiple account sizes to match their strategy and risk tolerance, ensuring scalability and flexibility in capital allocation. The evaluation fee (which can be as low as $50 for certain account sizes) is fully refunded upon the first profitable withdrawal, and withdrawals are processed every 21 days (or even weekly with a fast‑withdrawal add‑on). The firm further facilitates trading by allowing news trading and holding positions over weekends, while maintaining high Trustpilot ratings (around 4.7/5).
Prop Number One stands out as an excellent alternative to Apex Trader Funding for stock trading, offering institutional‑grade capital, high profit retention, flexible trading conditions, and advanced tools. Traders seeking a reliable stock trading prop firm should evaluate Prop Number One’s services to ensure they align with their trading objectives and risk preferences.
The best Apex Trader Funding alternatives for crypto trading include Prop Number One, which provides a structured trading program for cryptocurrency traders.
Prop Number One offers an industry‑leading 100% profit split—allowing traders to retain all of their earnings, a significant advantage over the typical 80–90% splits found elsewhere. The firm supports a comprehensive range of digital assets, including key cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other emerging digital assets, ensuring that crypto traders can build a diversified and robust portfolio.
Crypto traders gain access to scalable funded accounts with Prop Number One, with options ranging from $7,000 to $300,000. This flexibility covers the common funding range for crypto trading—enabling traders to effectively scale their strategies using institutional capital while tailoring account size to their risk tolerance and trading approach. The evaluation process is structured in two distinct phases to ensure that only skilled traders receive funding. In Phase 1, traders must achieve a 5% profit target while adhering to strict risk controls (including a maximum daily loss of 5% and an overall drawdown limit of 10%). In Phase 2, the profit target increases to 8% (or 10% when opting for the Aggressive Trading add‑on), with tighter loss limits (a maximum daily loss of 4% and an overall drawdown limit of 8%). This clear, transparent challenge—combined with an unlimited trading period (subject to a 30‑day inactivity cap)—allows crypto traders the freedom to complete the evaluation at their own pace.
For execution and analysis, Prop Number One supports multiple advanced trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader. These platforms deliver seamless execution, sophisticated charting tools, real‑time data feeds, and robust technical analysis capabilities—essential features for navigating the highly volatile crypto markets. Additionally, crypto trading accounts offer 24/7 market access, permitting traders to hold positions overnight and over weekends, thereby capitalizing on the market’s round‑the‑clock dynamics. Prop Number One emphasizes risk management with clearly defined maximum daily loss and overall drawdown limits, ensuring that traders maintain disciplined strategies in the volatile crypto environment. Competitive, low‑cost evaluation fees—starting at amounts as low as $50 for select account sizes—minimize upfront financial risk, while fast withdrawal processing through various methods (including bank transfers, digital wallets, and cryptocurrency payouts) enhances liquidity and trader satisfaction. The firm also provides extensive educational resources, including webinars, trading courses, and dedicated mentorship programs, as well as round‑the‑clock customer support via live chat and email to help crypto traders refine their strategies and improve profitability. For crypto traders seeking a reliable alternative to Apex Trader Funding, Prop Number One delivers institutional‑grade capital, flexible evaluation and trading conditions, advanced multi‑platform support, and exceptional profit retention—making it an ideal choice for thriving in the dynamic cryptocurrency markets.
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