Apex Trader Funding payouts and Apex Trader Funding withdrawals are fairly simple. All the details are below. In summary, your first few months you will be able to withdraw but with some caps on the amount. After month four you can withdraw as much as you can make!
Apex Trader Funding is looking to build long term relationships with futures traders, and I highly recommend them.
On a side note, I can say I have been paid regularly each and every month from Apex Trader Funding. They are timely, no hassle and a fantastic company to work with long term.
Apex Trader Funding Payout Schedule
Apex Trader Funding payments are paid out twice per month – the 15th and last day of the month. You put in your request for a payout between the 1st to 5th (to be paid the 15th) and the 15th to 20th (to be paid on the last day of the month).
Profit Share for Apex Trader Funding
Apex Trader Funding Profit Share: Traders are entitled to 100% of the first $25,000 they make, and 90% of the profit they earn thereafter.
Payment Methods for Apex Trader Funding
Apex Trader Funding Payouts for US Traders can be a direct deposit via ACH. For traders in all other countries, Apex uses Plane. Plane is basically an intermediary. Your payment will be sent to Plane, where you’ll then be able to withdraw in a variety of ways depending on your country: crypto, direct deposit, other.
When you are approved for your first payout with Apex, they will send you an invitation link to sign up with Plane. From there you’ll get all set up, linked to Apex, and your future withdrawals will automatically go this way after the first time set up.
Apex Trader Funding Withdraw Process
Apex Trader Funding withdraws are done twice per month. You put in your request for a payout between the 1st to 5th (to be paid the 15th) and the 15th to 20th (to be paid on the last day of the month).
For your first payout, you must have a total of 10 trading days before making your request. You can check in Rithmic to see how many trading days you have accumulated. If you have not met the minimum trading days, then simply request a payout for the next month.
On the second and subsequent payouts, only 10 trading days are required between the last payout and the next payout. If you have not met the minimum 10 trading days, then request a payout for the next month.
The first through third payouts have a minimum payout of $1,000, with a minimum account balance threshold after payout. There is also a max amount payout for the first through third payouts.
There is no maximum payout on the fourth payout and beyond, so long as the minimum balance threshold is in the account after payout.
Apex Trader Funding Taxes
You will be paid as an individual contractor. US citizens must submit a W-9 form to the help desk with your current mailing address. You must keep the address maintained or updated with Apex Trader Funding in order to receive a 1099-NEC for payments made via wire.
Non-US citizens must submit a W-8BEN on first payout.
No reports are sent for Non-US citizens.
For any tax advice, call your accountant.
Apex Trader Funding Account Balances
Apex Trader Funding reserves the right to payout the trader at any time and under any circumstances.
Example: a $50,000 account allowing 10 contracts reaches $52,500. A trader may withdraw a minimum of $1,000 so long as your balance is above $52,500. When the account reaches $52,500, the threshold balance must remain at or above $50,100, no matter what payouts occur.
If your balance falls below the minimum payout balance, then the payment will not be processed until eligible the next month, when you must request it again.
Apex Trader Funding Payout Testimonial
I’ve been with Apex Trader Funding since their inception in September 2021. It’s been nothing short of amazing, and life changing. Many people know my story, but I was able to trade Ultra Bond with real size using my Apex accounts. Since then I’ve had over 7 figures (yes millions) in withdrawals. I bought 2 brand new vehicles (Porsche Macan and Jeep Wrangler) in full with my profits, and a $1.2 million condo also paid for in full. This was as of the end of 2022. If you are reading this in the future (I don’t always come back and update every article), see my main page to see what I’m up to.
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Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.
In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
You can read more here: Risk Disclosure
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Additional Disclosure:
The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.