How to Get Funded by Apex Trader Funding Without Experience in 2024

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Last updated on October 7th, 2024 at 02:35 am

How to Get Funded by Apex Trader Funding Without Experience in 2024

Apex Trader Funding is a unique platform that provides traders with the opportunity to trade with significant capital. It works by offering various funding plans to traders, who then need to pass an evaluation process to start trading. The benefits of trading with Apex Trader Funding include access to large capital, low-risk trading, and the opportunity to learn and grow as a trader. It’s ideal for both new and experienced traders who are looking for a way to trade without risking their own capital. This article contains all the necessary details for you to understand how to get funded by Apex Trader Funding With No Experience and with proper strategies, make profits in billions.

How To Get Funded By Apex Trader Funding With No Experience in 2024

Create an account and choose a funding plan

To get funding from Apex Trader Funding, start by making an account on their website. After setting up your account, pick a funding plan that matches your trading preferences and objectives.

Pass The Apex Trader Funding Evaluation Process Tips

After choosing a funding plan, you’ll need to pass the evaluation process. This involves demonstrating your trading skills and showing that you can manage risk effectively.

Funding Plans Offered By Apex Trader Funding

Apex Trader Funding offers several funding plans for traders. Pick the plan which suits your budget, ranging from $25,000 to $300,000, and receive an additional $100,000 in a fixed account. Explore the plan specifics below.

25K FULL

Starting Capital: $25,000

Contracts: 4 (40 Micros)

Profit Goal: $1,500

Trailing Threshold: $1,500

Daily Drawdown: None

Scaling: None

Price: $147/Month

50K FULL

Starting Capital: $50,000

Contracts: 10 (100 Micros)

Profit Goal: $3,000

Trailing Threshold: $2,500

Daily Drawdown: None

Scaling: None

Price: $167/Month

75K FULL

Starting Capital: $75,000

Contracts: 12 (120 Micros)

Profit Goal: $4,250

Trailing Threshold: $2,750

Daily Drawdown: None

Scaling: None

Price: $187/Month

100K FULL

Starting Capital: $100,000

Contracts: 14 (140 Micros)

Profit Goal: $6,000

Trailing Threshold: $3,000

Daily Drawdown: None

Scaling: None

Price: $207/Month

150K FULL

Starting Capital: $150,000

Contracts: 17 (170 Micros)

Profit Goal: $9,000

Trailing Threshold: $5,000

Daily Drawdown: None

Scaling: None

Price: $227/Month

250K FULL

Starting Capital: $250,000

Contracts: 20 (200 Micros)

Profit Goal: $15,000

Trailing Threshold: $6,500

Daily Drawdown: None

Scaling: None

Price: $247/Month

300K FULL

Starting Capital: $300,000

Contracts: 20 (200 Micros)

Profit Goal: $18,000

Trailing Threshold: $7,500

Daily Drawdown: None

Scaling: None

Price: $267/Month

100K STATIC

Starting Capital: $100,000

Contracts: 14 (140 Micros)

Profit Goal: $6,000

Trailing Threshold: $625

Daily Drawdown: None

Scaling: None

Price: $207/Month

Evaluation Criteria Of Apex Trader Funding

The evaluation process at Apex Trader Funding has specific criteria that traders need to meet:

Apex Trader Funding has a strict code of conduct that traders must adhere to.

Achieve your profit target without exceeding the maximum drawdown specified for the Evaluation Account you’ve selected.

Trade for at least 7 days, and the days do not have to be consecutive.

Follow The Code of Conduct.

Ensure you’re the only one managing your trading account. Keep your username and password confidential.

Always have Rtrader/Tradovate open to monitor max drawdown and as a backup to close trades.

All account sizes across each plan offer no scaling requirements, no drawdown, and real-time data.

Each plan also includes a free license to the Rithmic platform.

Trading Risks with Apex Trader Funding

There are a few risks and challenges associated with Apex Trader Funding:

Follow important risk management rules like setting a daily loss limit, using trailing drawdown, and adhering to lot size limits. These guidelines help you manage risks effectively in your investments.

No margin call warning or notification.

Possible account suspension or termination for not following the rules.

Risk of significant losses if the maximum drawdown is hit.

Apex Trader Funding – Start Trading!

Once you’ve passed the evaluation process, you can start trading with the funds provided by Apex Trader Funding. Remember, The goal is not just to make profits, but also to manage risk and demonstrate consistent trading performance.

Apex Trader Funding Payout Figures And Customer Growth

Apex Trader Funding has shown amazing success with payouts and gaining new customers. In just the last month, our system shared more than $5.4 million, and in the past 90 days, traders got over $14 million. Even though we’re under two years old, our company has given out a total of over $30 million. Their clever use of a trailing threshold/stop has resulted in a nearly 50 percent higher customer pass rate in evaluations compared to competitors who use end-of-day stops.

Apex Trader Funding Tips For Success

To succeed with Apex Trader Funding, it’s crucial to develop a solid trading strategy and stick to it. Risk management is also key – make sure to manage your trades carefully to avoid significant losses. Finally, be patient and disciplined. Successful trading takes time, and it’s important not to rush the process.

Develop Solid Trading Strategy And Manage Risk Effectively For Apex Trader Funding

To Develop Solid Trading Strategy For Apex Trader Funding, you should consider the following steps:

Outline your motivation: Understand why you want to trade and what you hope to achieve.

Decide how much time you can commit to trading: Trading requires time and attention, so be realistic about how much time you can dedicate.

Define your goals: Set clear, achievable goals for your trading activities.

Choose a risk-reward ratio: Discovering your risk tolerance helps you figure out the level of risk you’re comfortable with for a specific reward.

Decide how much capital you have for trading: Discovering this will impact the amount you can trade.

Assess your market knowledge: Knowing the market well is important for making smart trading choices.

Start a trading diary: Tracking your trades can teach you from both your wins and losses.

When it comes to managing risks, check out these essential techniques:

Determine the risk/exposure upfront: Understand the possible potential losses before you start trading.

Optimal stop loss level: This is the point at which you will sell a security to limit your loss.

Diversify your portfolio: The lower the correlation between your investments, the better the diversification.

Keep your risk consistent and manage your emotions: Don’t let fear or greed drive your trading decisions.

Maintaining a positive risk to reward ratio: This means that the potential profit of a trade should outweigh the potential loss.

Remember, successful trading requires discipline, a solid strategy, and effective risk management. It’s also important to continually learn and adapt as markets change.

Apex Trader Funding Sample Trading Plan And Risk Management Techniques

Choose the Right Plan: Apex Trader Funding offers various plans with starting capital ranging from $25,000 to $300,000. Choose a plan that suits your trading style and risk tolerance.

Set Your Profit Goal: Every plan has a target profit you must achieve. For instance, with the $25,000 plan, your goal is to make $1,500.

Understand the Risk Rules: Apex Trader Funding has specific risk rules that you need to follow. For instance, news trading strategies are prohibited. Ensure comprehension of these rules prior to engaging in trading activities.

Develop Your Trading Strategy: Plan your trades in advance. Successful traders believe in the saying, “Plan your trade and stick to the plan.” Determine the buying and selling prices you’re comfortable with. Stick to your trading plan for success.

Apex Trader Funding Risk Management Techniques

The 30% Rule: The Apex Trader Funding 30% Rule is a risk management principle designed to prevent traders from risking too much of their capital on a single trade. It emphasizes limiting your trade size to a maximum of 30% of your trading account balance.

Stop-Loss and Take-Profit Points: Smart traders plan ahead in two important ways. They decide the price they’re willing to buy at and the price they’re ready to sell for. This strategy is crucial for trading success.

Diversify Your Trades: Instead of placing all your eggs in one basket, distribute your trades across different assets or markets to minimize risk concentration.

The One-Percent Rule: Only invest a maximum of 1% of your capital or trading account in one trade. This tactic works well for traders with accounts below $100,000.

Emotional Control: Trading can be emotionally taxing, especially when trades go against expectations. With the 30% Rule, traders avoid overcommitting and experiencing heightened emotional stress.

Effective risk management: It is crucial for successful active trading, yet it’s a step that many traders tend to overlook. By following these techniques, you can protect your trading profits and enhance your trading journey with Apex Trader Funding.

Latest Developments On Apex Trader Funding

Apex Trader Funding, an online trader funding platform, has been making significant strides recently. Here are some latest developments:

Compensation to Customers: From January 2023 onwards, customers have been receiving approximately $4.7 million monthly as compensation. The total compensation provided to customers since 2022 has now reached $57.6 million, and the latest 90-day total stands at $25.5 million.

Payouts to Traders: On August 11, 2023, Apex Trader Funding shared exciting news! Their platform gave out more than $5.4 million last month and over $14 million in the last 90 days to traders. Great earnings for traders! 🚀💰 #ApexTraderFunding #TradingSuccess

Funding Program: The funding program lets traders get 100% of the initial $25,000 for each account and 90% for amounts exceeding that. Traders can qualify in as little as 7 days and trade full-sized contracts in evaluations or funded accounts.

New Benefits for Traders: Apex Trader Funding announced new benefits for traders during their Black Friday sale in 2022, where new trading accounts received 80% off the first month and recurring months.

Payout figures: In August 2023, Apex Trader Funding announced that it had paid out over $5.4 million to traders in the past month, and over $14 million in the past 90 days. This makes Apex Trader Funding one of the highest-paying prop firms in the industry.

Customer growth: Apex Trader Funding has experienced rapid growth in recent months, and now has over 10,000 traders on its platform. This growth is likely due to Apex’s competitive pricing, easy-to-pass evaluations, and high payout rates.

New features: Apex Trader Funding is constantly adding new features and benefits to its platform. In recent months, Apex has added a new trailing threshold/stop feature, which has resulted in a nearly 50% higher customer pass rate of evaluations. Apex has also introduced a new referral program, which allows traders to earn commissions for referring new clients to the platform.

In September 2023, Apex Trader Funding was featured in a Forbes article on the rise of prop firms. The article highlighted Apex’s innovative approach to trader funding and its commitment to helping traders succeed.

In October 2023, Apex Trader Funding announced a partnership with Deel, a global payroll platform. This partnership will allow Apex Trader Funding to pay its traders in a variety of currencies, and to provide them with access to Deel’s other services, such as healthcare and retirement benefits.

Disclaimer Warning: Trading is risky and you could end up losing money.

Conclusion About Apex Trader Funding

Summary of Apex Trader Funding:

It is important to note that, Apex Trader Funding is a relatively new company, and it is not yet as well-known as some of the other prop firms in the industry. Inspite of the various procedures, trading strategies, profit making strategies enumerated above, it is necessary to consult your Profesional Financial Consultant before starting trading.

Overall, The Apex Trader Funding appears to be a good option and one of the best available options for you. So, is Apex Trader Funding right for you? If you’re a trader looking for a low-risk way to trade with significant capital, it could be a great option. To learn more about Apex Trader Funding, visit their website or check out some of the many resources available online.

Resources for learning more about Apex Trader Funding

Apex Trader Funding website

Apex Trader Funding YouTube channel

Apex Trader Funding blogs

FAQs On Apex Trader Funding Answered Here:

Darrell Martin is the CEO of Apex Trader Funding.

What is Apex Trader funding? 

Apex Trader Funding is a platform that provides funding to futures traders. It offers a funded trading program where traders can get funded by passing an evaluation process. The platform provides up to $300,000 in funding and has paid out millions in compensation to customers.

What is Apex for trading?

Apex for trading refers to Apex Trader Funding, a platform that provides funding to futures traders. It allows traders to trade with real money without risking their own capital. The platform offers a range of account sizes and plans, and includes benefits such as no scaling requirements, no daily drawdowns, and the ability to trade on holidays.

Can you trade options with Apex trader funding?

Apex Trader Funding primarily focuses on futures trading. The platform provides a list of instruments available for trading, which includes a variety of futures contracts across equity, interest rate, currency, agricultural, energy, metal, and cryptocurrency markets. However, it does not explicitly mention options trading. It’s always best to check directly with the platform for the most accurate and up-to-date information.