Apex Trader Funding

Copy Trading

Copy trading across PA accounts under your personal name and business name is allowed.

30% Negative P&L Rule (MAE)

Open trades should not exceed a 30% negative drawdown from the account’s profit balance, If the end of day (EOD) profit balance doubles the safety net, traders may use a 50% drawdown limit instead of 30%.

Consistency Rule

When requesting a payout, no single trading day should account for more than 30% of the total profit balance accumulated. The rule applies until the sixth payout or until the account is transferred to a Live Prop Trading Account.

Inconsistent Sizing

Drastic inconsistencies in trade sizes are not allowed; traders must maintain consistent trade sizing.

Contract Scaling Rules

Traders are limited to trading half of the available contracts until they meet the trailing threshold stop.

No Hedging

Holding both long and short positions simultaneously on the same or correlated instrument is strictly prohibited.

Risk Management

A maximum 5:1 risk-to-reward ratio applies to all trades.

RITHMIC and TRADOVATE accounts rules for trailing drawdown

• RITHMIC Accounts: During the evaluation, the drawdown stops trailing when the threshold balance reaches your profit target (not the account balance). For instance, a 50K account stops trailing when the threshold reaches $53,000.
• TRADOVATE Accounts: The trailing drawdown continues to trail in evaluations and does not stop.

Holidays and Half-Day Closures

You can trade on holidays if the market is open; however, half-day holidays do not count as trading days.

Limit on Losses

• Open trades should not exceed a 30% negative drawdown from the account’s profit balance.
• If the account balance doubles the safety net, traders may use a 50% drawdown limit instead of 30%.

Flipping Trades is Allowed

Opening and closing trades quickly to count as a trading day is permitted, as long as the $50 minimum profit for 5 days is satisfied.

Trading With Risk Management

All trades must have either pending or mental stop losses and a well-defined risk management strategy. Trading without these measures is strictly prohibited.

Using the Trailing Threshold as a Stop Loss

Traders are prohibited from using the account’s full threshold as a stop-loss mechanism to absorb large losses, leading to account liquidation.

One-Direction Rule

• Traders may take a position in either long (buy) or short (sell) during a news event.
• Holding positions in both directions simultaneously is strictly prohibited.

Consequences for Rule Violations

• Temporary limitations on contract usage (e.g., 50% cap)
• Payouts restricted to profit earned since the last request
• Disqualification of previously accrued “windfall” profits for withdrawal over the next two payout cycles