What is the Trailing Threshold Max Drawdown? – Apex Trader Funding (zendesk.com)
Scaling: Once again, another big advantage of working with Apex is to achieve a real withdrawable money account. Many competitors ask you to scale your positions, sizing up as you make a profit, and try to trap you for violating the contract sizing rules if the balance is in the wrong position sizing bracket. Here you have the freedom to trade maximum allowed contracts from the first trade.
NinjaTrader License: One of the most popular and powerful trading platforms is included with the Apex Funding program and is ready to go from the start. Just Ninjatrader’s lease for just the platform is $225 quarterly. So here, you get a chance to get funding for the cost of software alone. And that’s not all; you get more.
Real-Time Data: In the Apex Funding Program, you get immediate access to all the live data, including the most popular products from CBOT, CME, COMEX, NYMEX. In addition, you can earn funding trading the products of the following futures:
- Index Futures – ES, NQ, YM, EMD, RTY American indexes and even get crazy with wild NKD Nikkei futures.
- Interest Rate Futures – ZB, UB, ZN, ZF, ZT, GE
- Currency Futures – Aussie Dollar, British Pound, Canadian Dollar, Euro FX, Japanese Yen Futures (Inverse of USD/JPY), Swiss Franc, and New Zeland Dollar
- Agricultural Products – Lean Hogs (HE), Live Cattle (LE), Feeder Cattle (GF), Corn (ZC), Wheat (ZW), Soybeans (ZS), Soybean Meal (ZM), Soybean Oil (ZL)
- Energy Futures – CL, NG, QG (mini natural gas), HO, RB
- Metals Futures – GC, SI, HG, PL, PA, QI, and QO
Newly added micro futures that are 1/10th the size of full contracts:
- Index Micros: MES, MNQ, MYM, M2K
- Metal Micro: MGC
- Currency Micros: M6A, M6E
- Micro Crude Futures
As you can see, there is a full array of financial instruments available for you to trade with a very flexible position size.
Commissions: Like in real-world trading, during the Apex evaluation account, commissions are charged for trading. Round Trip commissions:
Equity Index Futures: $3.98 bet round turn
Interest Rate futures: $3.12-4.02 / RT
Currency Futures are $4.72 per round turn trade
AG Futures: $5.58 RT
Energy Futures: $3.96
Metals: $4.62 for full contracts and $3.02 for the minis
Micro Futures: $1.02/RT or less
Another place Apex Trader shines, commissions are in line with the lowest rates at online brokerages. Some of the competitors overcharge on commissions, especially punishing scalpers.
Reset: If you reach the drawdown and fail the evaluation. You can reset it for only $80 and start over. Likewise, you can get aggressive with large accounts and restart for only $80. While not ideal for a disciplined trader path, it is an approach you can take with this program.