APEX Funding is currently running huge holiday and launch sale on their trading test which makes them the best quality online-funded trader in the industry.
As little as 74dollars and get access to live trading evaluation in just minutes. Let’s take a look at their basic fund tests, which range from 25k-300K nominal value of the account.
Most Well-liked APEX Trading Plans
Apex Funded Program for Traders Breakdown
Apex Trader Funding accounts size (or Start Capital: 25k – 300k is the balance that you will see in your live data environment. It is approximately the amount you’d require in your brokerage account to pay for the initial margin to the largest size of positions available within the program. This is an opportunity to leverage a tiny dollar amount to a large leveraged real money trading account.
Contracts: Maximum amount of positions or the largest number of futures contracts that you have traded on an exam trading account. There is no requirement to make a full trade all at once. You can only trade one contract at a time. And in the event that market conditions become excessively chaotic, you can now also trade micro contracts (for example, MES/MNQ is 1/10th the size as the ES/NQ). The maximum number of futures micro contracts is shown in the table next to the full size of the contract.
Profit Goal: Straight Forward, meet the profit target, and when you trade during 10 trading days and you have a funded account balance that is greater than the balance of your starting point and profit target then you can transfer funds to your an account with money that is funded to trade with real money profit.
Daily drawdown: NO! There isn’t a daily drawdown. Your competitors force you to adhere to Daily and, sometimes, weekly drawdowns on your account. With Apex trading fund You have all the flexibility you require to trade on just one drawdown or a following Threshold.
Trailing Threshold or Maximum permitted drawdown in a the trading exam account. Drawdown is the amount of money following your highest balance. As an example, let’s say you have an 7.5k drawdown on a $300k account.
In the initial stage your business, the balance should not be below 292.5K. When you earn profits and drawdowns increase, it will continue to trail. When the balance is 300K, the amount that you draw down to will be 295.5k.
Scaling: Again an additional benefit of using APEX is the ability to establish an actual withdrawal-able money account. A lot of competitors will ask to increase your position and then increase the size when you earn a profit and then try to sway you into violating size of the contract if the balance isn’t in the right range of sizing for your position. In this case, you are allowed to trade contracts that are the highest allowed starting from the very first trade.
NinjaTrader License: One of the most well-known and efficient trading platforms is available with Apex Funding. Apex Funding program and is set to go live right from the beginning. A lease on Ninjatrader’s platform for the platform costs $225 per month. This means that you have the chance to receive funding to cover the costs of software on its own. In addition, you can also get additional.
Real-Time Data:
With Apex’s Apex financing program you will have immediate access to all the current information that you can access, including the most well-known products of CBOT, CME, COMEX, NYMEX. You can also earn money by trading the commodities from the futures listed above:
Index Futures – ES, NQ, YM, EMD, RTY American indexes and even go wild by introducing crazy NKD Nikkei futures.
Interest Rate Futures Interest Rate Futures ZB, UB, ZN, ZF, ZT, GE
Currency Futures Currency Futures Aussie Dollar British Pound Canadian Dollar Euro FX Japanese Yuan Futures (Inverse of USD/JPY), Swiss Franc, and New Zeland Dollar
Agri-based products – Lean Hogs (HE), Live Cattle (LE), Feeder Cattle (GF), Corn (ZC) and wheat (ZW), Soybeans (ZS), Soybean Meal (ZM), Soybean Oil (ZL)
Energy Futures – CL, NG QG (mini natural gas) and HO. RB
Metals Futures – GC, SI, HG, PL, PA, QI, and QO
Micro futures have been added to the market that are one-tenth the size of full contracts
Index Micros: MNQ, MNQ, MYMand Index Micros: M2K, MNQ, MYM,
Metal Micro MGC
Currency Micros M6A, M6E
Micro Crude Futures
As you can see that there’s an entire range of financial instruments to trade an extremely flexible size of position.
Commissions: Similar to real-world trade, when using Apex’s Apex assessment account, fees are billed to trade. Round trip commissions:
Equity Index Futures: $3.98 bet per round around
Futures Interest Rate: $3.12-4.02 / RT
The currency futures market is $4.72 per round-turn trade
AG Futures: $5.58 RT
Energy Futures: $3.96
Metals $4.62 to buy full-length contracts, and $3.02 for minis
Micro Futures $1.02/RT or less
Another area where APEX excels is in the commissions. They are on par with the lowest rates offered by online brokerages. Some competitors charge too much on commissions, particularly punishing scalpers.
You can reset it if you are at the drawdown but fail the assessment. It is possible to reset it for $80 and begin again. Additionally, you can be more aggressive when you have big accounts and start over for just $80. While this is not the ideal choice for a disciplined trading approach, it’s one option you could consider using this program.
Going Live – Becoming a Funded Trader
When the system determines that the Profit Target or Min Day Traded requirement are fulfilled, traders receive an unfunded trader’s contract and request to pay the set-up or data fee.
Contracts is relatively simple and covers the rules for funded accounts and the payout instructions. There are no invasive inquiries or disclosures required, like in other competitors. The accounts we opened in May, contracts were filled out at 7 am and live accounts were in place before the market opened at 930am. The process was very easy. It is important to remember that the The contract must be completed within two business days of the time it is sent out. It is unclear why such a hurry is required. Please be aware of your emails following the test.
Receiving Paid by Apex Payouts Apex Payouts
Good News! Apex is a reputable firm. The low fee evaluations permit customers to receive funds in 10 days and then be on your path to trading with a the full profit split in the beginning.
You can keep 100percent of the initial $10,000 profits you withdraw.
There’s a downside This isn’t an easy-to-make-money scheme. The traders are encouraged to build their accounts and avoid making large withdrawals in the beginning. It is mandatory to meet a day of trading required to request withdrawals. There are many views on the format. Although it’s excellent for expanding accounts and providing enough cushion Many traders would like to be able to be paid for their outstanding performance. Fourth withdrawals are the moment when everything is finally clear and you can enjoy the full potential of Apex Trade Funding:
Low Fee
Fast Financing
Trusted Company
High-Availability Leverage
Software for trading is included in the live phase and evaluations
Payouts for withdrawals are made on the final day of each month.
Payout Requirements
Traders are required to meet a variety of criteria before making withdrawals from Apex Funded Trader Program:
25 Days Traded to Request the first payment.
Set aside a cushion over which you’ll withdraw
You must request a minimum of $1000 withdrawal
You must ensure that you request a withdrawals that are not over the maximum amount.
Demand a payout in order to be made available on the day that is the last business day of the month.
Things begin to open up after first payment. The next two months will be a 10 trading days are required with the same amount of minimum as well as maximum.
Fourth month of trading live with Apex traders are only allowed to trade for 10 days. No limit on withdrawals is imposed.
This type of format is extremely popular in the fund trader market, and it allows firms to have a better understanding of the size of the trader’s performance and be able to manage the live accounts at their backend. Don’t worry, you’ll still be paid, but companies may let risky traders go under without copying their accounts.
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