Rating breakdown
Things we didn't like:
It is hard to become a Funded TraderOnly Futures Trading
Fee is not refundable
Why would you want an alternative to APEX TRADER FUNDING?
You might seek an alternative to Apex Trader Funding due to its limitations. The firm only offers futures trading, which may not suit traders looking to diversify into stocks, forex, or other assets. Additionally, the lack of capital scaling means you can’t increase your funding beyond your initial plan unless you earn it through trading. Geographical restrictions also prevent residents from several countries, such as Iran and South Africa, from participating. Lastly, the evaluation fees are non-refundable, making it riskier for traders who may not pass the challenge or choose to exit early.
What other users do not like about Apex Trader Funding
Apex Trader Funding TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, Apex Trader Funding has currently 9.9k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.50/5.00.
Main Complains according to the Users' Reviews
- Always denying withdrawal requests
What to look for in a APEX TRADER FUNDING Alternative?
When seeking an alternative to Apex Trader Funding, several key features should be considered to improve your trading experience. First, while Apex Trader Funding focuses exclusively on futures contracts, you might want a firm that offers a broader variety of assets, such as forex, stocks, and cryptocurrencies, allowing for more diverse trading opportunities. Additionally, unlike Apex, which doesn’t offer scalable funding within its plans, some firms allow traders to gradually increase their capital as they prove their trading skills, providing more room for growth without needing to restart with a new plan.
Another consideration is refundable fees. Apex Trader Funding does not refund evaluation fees if you pass, whereas many competitors offer this as an incentive, reducing your financial risk during the evaluation process. Geographic restrictions are also a factor; Apex excludes traders from certain countries like Iran, Iraq, and South Africa. If you’re based in one of these regions or require more global flexibility, a firm with fewer geographic limitations may suit your needs better. Lastly, you might want an alternative that supports a wider range of trading methods, including high-frequency trading or news-based strategies, which Apex restricts. These factors collectively could provide a more flexible and expansive trading experience compared to Apex Trader Funding.
Best APEX TRADER FUNDING alternatives – Proprietary Trading Firms like (or better than) APEX TRADER FUNDING
Rating breakdown
Things we liked:
Exclusive Discount Code (20% Off Exclusive Offer)Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
Things we didn't like:
A Relatively New player in the funded account offeringFunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
Things we liked:
Unlimited evaluation free retries (7% Off Exclusive Offer)No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
Things we didn't like:
Consistency rule for express accountsNo free trials available
Minimum 5 trading days
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Things we liked:
Let you trade with leverage of up to 1:30Things we didn't like:
5%ers Challenge fee is on the higher end of the spectrumThere are other holes in the 5%er offer
the5ers Overview
The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.