How To Open Apex Trading Account USA 2024

Opening an Apex Trader Funding Account in USA (2024):

While Apex Trader Funding offers funded accounts for futures traders, they don’t have “traditional” trading accounts like retail brokerages. Instead, you access their system through an evaluation process. Here’s how it works:

1. Choose an Account Size:

  • Apex offers various account sizes ranging from $25,000 to $2 million. Choose one based on your experience, risk tolerance, and desired potential profit.

2. Pay for the Evaluation:

  • Each account size has a corresponding evaluation fee. You only pay this if you pass the evaluation and claim a funded account.

3. Complete the Evaluation:

  • You’ll trade a simulated account with real-time data for a specific period (7 days for smaller accounts, 14 days for larger).
  • Strict risk management rules apply, like maximum daily drawdown and maximum position size.
  • Achieve the required profit target while adhering to the rules to pass.

4. Claim Your Funded Account:

  • Upon successful evaluation, you can claim a funded account and start trading live.
  • You’ll keep 80-90% of the profits earned, sharing the rest with Apex as a performance fee.

Important Points:

  • Remember, trading futures carries significant risk. Potential losses can exceed your initial investment.
  • Apex isn’t a “get rich quick” scheme. Trading success requires skill, discipline, and experience.
  • Do your thorough research and understand the risks before participating.

Here’s what you CAN’T do with Apex:

  • Open a regular trading account like with a traditional brokerage.
  • Deposit your own funds and trade directly.
  • Access leverage without participating in their evaluation process.

Alternatives to consider:

  • Traditional futures brokers: Interactive Brokers, NinjaTrader, etc.
  • Retail brokers with futures access: TD Ameritrade, Fidelity, etc. (limited instruments)

Resources:

Remember, this information is for educational purposes only and does not constitute financial advice. Always conduct further research and consult a financial professional before making any investment decisions.