Apex Trader Funding, reviewed: the 100 percent split and the constant sale

Apex Trader Funding sells more futures evaluations than almost anyone, and it does it two ways: a genuine 100 percent profit split, and a near-permanent discount. Here is what is actually behind both.

How it works

Apex uses a one-time evaluation fee, not a monthly subscription, across four sizes from 25K to 150K. Its 2026 "Apex 4.0" lineup sells each size in two flavors: an intraday trailing drawdown (cheaper) or an end-of-day trailing drawdown (pricier, and it adds a daily loss limit). A 25K intraday eval lists at $199 with a $69 activation fee at funding; the end-of-day version lists at $390. The evaluation runs a 30-day window with no resets on the 4.0 plans.

What is genuinely good

The 100 percent split is the real headline. On approved payouts you keep everything, with no tiered ladder to climb. Apex also runs deep, frequent sales, often 80 to 90 percent off the eval fee, so almost nobody pays sticker; the discount is effectively permanent. And it is a high-volume, established firm with a long payout history and tens of thousands of reviews.

The fine print

Three things temper the 100 percent number. First, the split is 100 percent of what you are allowed to withdraw, and early payouts are capped by a scaling ladder with a limited number of payouts per account, so the first withdrawals are smaller than the account size suggests. Second, a 50 percent consistency rule applies at the Performance Account payout stage. Third, the activation fee is separate from the eval price, and the end-of-day plans cost meaningfully more than the intraday ones. Note also that metals products have been suspended since March 2026.

Bottom line

Apex is the volume leader for a reason: a true 100 percent split, one-time pricing, and a discount that never really ends. Weigh that against a payout ladder that meters your early withdrawals and a consistency rule at payout. If you buy during a sale, which is always, it is one of the cheapest ways into a funded futures account.