Apex Prop Firm is taking prop trading to a new level with its latest update, Apex 3.0. Known for competitive pricing and a solid reputation in the prop trading world, Apex is now offering a direct-to-funding option, which means traders can skip the traditional evaluation phase and access live funding directly. Here’s an in-depth look at what Apex 3.0 is bringing to the table and how this might change the game for traders.
Why the Direct-to-Funding Option is a Big Deal
Apex’s direct-to-funding path allows traders to pay a one-time fee to access a live funded account without the need for any initial evaluation or performance assessment. Starting with account sizes of $50,000 and $250,000, this option is designed to attract new traders to the platform and even bring back those who may have left due to the industry-standard evaluation requirements.
With Apex 3.0’s direct funding, traders can expect competitive pricing that has helped make Apex the largest prop firm in the industry, even without insider information on exact pricing details. By skipping the evaluation phase, Apex enables traders to access funds faster than traditional prop firms, making this option appealing for experienced traders looking to jump right in.
Enhanced Consistency Rule and Flexible Account Setup
The Apex 3.0 direct funding accounts will follow the same consistency rules as traditional Performance Accounts (PA), with a requirement of 30% consistency (compared to the standard 20% found with other direct-to-funding options). Additionally, Apex 3.0 allows traders to maintain up to three live funded accounts, giving traders greater flexibility. This higher threshold might feel like a challenge to some but is offset by the fact that traders can retain more of their earnings and benefit from Apex’s higher payout structure.
Moving to Live Accounts: Simplified and Supported
A notable aspect of Apex’s direct funding model is its emphasis on transitioning traders to live accounts. Apex is committed to placing traders into the live market—something that regulatory bodies like CME highly value, as they expect prop firms to increase liquidity in live trading. Traders at Apex will have options to keep, withdraw, or reinvest their earnings into their live accounts, providing more financial control and flexibility.
If a trader chooses to move to a live account, they can decide how to handle any accumulated profits. Options include keeping the entire amount in the live account, withdrawing some, or a combination of both. If, for instance, a trader has $30,000 in profits, they could place $15,000 in a live trading account and withdraw the other $15,000, ensuring flexibility in financial decisions.
Daily Withdrawals, No Restrictive Limits, and Risk Management
For live account holders, Apex offers the ability to make daily withdrawals—an uncommon feature among prop firms. Traders can withdraw any day, allowing them to benefit from successful trades immediately. However, to help traders manage risks, Apex will impose a daily loss limit to prevent traders from exceeding their account balance. This limit ensures that a bad day doesn’t lead to a complete account wipeout and supports traders by providing time to reset.
A Flexible Path to Recovery
Apex is unique in allowing traders who experience significant losses in a live account to return to an evaluation phase after a cooling-off period of 30 to 60 days. This policy helps traders regroup and requalify for live trading after some time off, showing Apex’s understanding of the challenges and pressures traders face in live markets.
The Future of Prop Trading with Apex 3.0
Apex’s direct-to-funding account option is a significant shift for the prop trading industry, making the process simpler and more appealing for traders of all experience levels. With fast access to live funds, no evaluation steps, daily payouts, and competitive pricing, Apex offers a streamlined option that rivals traditional firms.
This direct funding model could attract a wide range of traders—whether they’re experienced or newer traders looking to skip lengthy evaluations. Apex’s commitment to supporting live market transitions and flexible withdrawal options makes it a standout option in prop trading.
Final Thoughts
Apex 3.0’s new direct-to-funding option could revolutionize how prop traders view and interact with funded accounts. With flexibility, transparency, and competitive terms, Apex is positioning itself as a leader in the evolving prop trading space. For traders looking for a faster, more straightforward route to funded trading, Apex 3.0 offers an option worth considering.
