FTMO vs Apex Trader Funding: Comprehensive Comparison
Choosing the right proprietary trading firm is crucial for traders aiming to maximize their potential. This comprehensive comparison between FTMO and Apex Trader Funding covers key aspects such as evaluation processes, trading rules, profit splits, and more to help you make an informed decision.
FTMO
- Evaluation Fee Range
- €89.00 – €1,080.00; $89.00 – $1,080.00
- Profit Split
- 80%
- Max Total Funding
- $200,000.00
- Trading Platforms
- MetaTrader 4, MetaTrader 5, cTrader
Apex Trader Funding
- Evaluation Fee Range
- $147.00 – $617.00 / month
- Profit Split
- 90%
- Max Total Funding
- $300,000.00
- Trading Platforms
- WealthCharts, Rithmic, Tradovate
Key Metrics Comparison
This table compares the facts currently shown for each firm side by side.
— means a supported value is currently not available on WhichPropFirm for that field. It does not mean zero.
| Metric | FTMO | Apex Trader Funding |
|---|---|---|
| Profit Split | 80% | 90% |
| Evaluation Fee Range | €89.00 – €1,080.00; $89.00 – $1,080.00 | $147.00 – $617.00 / month |
| Activation Fee | $0.00 | $130.00 |
| Data Platform Fee | — | — |
| Evaluation Steps | 2 | 1 |
| Profit Target | 10% | 2% |
| Daily Drawdown | 5% | 0.63% |
| Max Drawdown | 10% | 0.63% |
| Min Trading Days | 4 | 7 |
| News Trading | No | Yes |
| Scalping | Yes | Yes |
| Expert Advisors (EAs) | Yes | No |
| Weekend Holding | No | Yes |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader | WealthCharts, Rithmic, Tradovate |
| Payout Methods | Bank Transfer, Crypto | ACH, Wire transfer, Rise, Crypto |
| Headquarters | Czech Republic | United States |
Evaluation Process
FTMO employs a two-step evaluation process consisting of the Challenge and Verification stages. Traders must achieve a 10% profit target within 30 days for the Challenge and 60 days for the Verification, while adhering to strict drawdown limits. This rigorous process is designed to select only the most disciplined traders. Apex Trader Funding offers a simpler, one-step evaluation with no daily drawdown limits. This allows traders to focus on achieving the profit target without the pressure of daily restrictions, making it potentially easier for some traders.
Trading Rules & Restrictions
FTMO has a strict set of trading rules that prohibits news trading and holding positions over the weekend. These restrictions are in place to minimize risk but may limit trading strategies for some. However, FTMO allows scalping and the use of Expert Advisors, providing flexibility for short-term traders. Apex Trader Funding, on the other hand, allows more freedom with fewer restrictions. Traders can engage in news trading and hold positions over the weekend, offering more opportunities for profit-making strategies. The lower restrictions make Apex a more flexible option for traders who prefer less constrained environments.
Profit Splits & Payouts
FTMO offers an 80% profit split, with experienced traders potentially earning up to 90% of profits. Payouts are processed monthly, providing a regular income stream for successful traders. Payment methods include bank transfers, cryptocurrency, Skrill, and PayPal, offering convenience and choice. Apex Trader Funding provides a higher profit split of 90% after traders keep 100% of their first $25,000 in profits. Payouts are processed bi-weekly via ACH, wire transfer, Rise, and crypto, which may appeal to those seeking frequent income from their trading activities.
Platforms & Tradable Markets
FTMO supports popular platforms like MetaTrader 4 and 5, cTrader, and DXtrade, catering to a range of trading styles and preferences. Traders have access to a variety of markets, including forex, indices, stocks, and commodities, allowing for diversified trading strategies. Apex Trader Funding focuses on futures trading and offers platforms such as NinjaTrader, Tradovate, and TradingView. This selection is ideal for traders specializing in futures markets, providing advanced tools and charting capabilities tailored to their needs.
Account Sizes & Scaling
FTMO offers scalable account sizes with a maximum funding of $2,000,000, allowing traders to grow their accounts as they demonstrate consistent performance. The firm’s structured scaling plan provides clear pathways for account expansion. Apex Trader Funding, with a higher maximum funding of $6,000,000, offers significant potential for scaling. This is particularly appealing for traders looking to manage larger accounts and capitalize on substantial market opportunities. The ease of account growth in both firms makes them attractive to traders with aspirations for scaling.
Strengths & Weaknesses
FTMO
Strengths
- High maximum funding of $2,000,000 for successful traders.
- Access to multiple trading platforms including MetaTrader and cTrader.
- Structured evaluation process ensures disciplined trader selection.
- Allows scalping and the use of Expert Advisors for flexible trading strategies.
Weaknesses
- Strict trading rules, including no news trading and weekend holding.
- Relatively higher evaluation fees compared to some competitors.
- Monthly payout cycle may not suit traders seeking frequent profits.
Apex Trader Funding
Strengths
- High maximum funding potential of $6,000,000.
- Generous profit split of 90%, with traders keeping 100% of the first $25,000.
- Flexible trading rules, allowing news trading and weekend holding.
- Bi-weekly payouts provide more frequent access to earnings.
Weaknesses
- Focus primarily on futures markets, limiting asset diversification.
- No allowance for Expert Advisors, which may restrict automated trading.
- Evaluation process is less structured, which may not suit all traders.
FAQs – FTMO vs Apex Trader Funding
Which is the better prop trading firm: FTMO or Apex Trader Funding?
The better firm depends on your trading style and goals. FTMO offers structured evaluations and high capital scaling, while Apex Trader Funding provides flexibility with fewer trading restrictions and a higher profit split.
Is FTMO or Apex Trader Funding better for beginner traders?
For beginners, Apex Trader Funding may be preferable due to its simpler, one-step evaluation and fewer trading restrictions, which can reduce pressure and allow for more flexible trading strategies.
How often are payouts processed at FTMO compared to Apex Trader Funding?
FTMO processes payouts monthly, providing regular access to profits. Apex Trader Funding offers bi-weekly payouts, appealing to traders looking for more frequent earnings.
What payout methods are available at FTMO and Apex Trader Funding?
FTMO offers bank transfers, cryptocurrency, Skrill, and PayPal. Apex Trader Funding provides ACH, wire transfer, Rise, and crypto, giving traders a range of options.
How does customer support compare between FTMO and Apex Trader Funding?
Both firms offer robust customer support. FTMO is known for its responsive service, while Apex Trader Funding provides detailed guidance, particularly for futures trading.
What educational resources are available at FTMO and Apex Trader Funding?
FTMO offers a range of training materials and webinars. Apex Trader Funding provides resources focused on futures markets, helping traders enhance their skills.
Can I trade news events with both FTMO and Apex Trader Funding?
FTMO does not allow news trading, limiting high-impact event strategies. Apex Trader Funding permits news trading, offering more flexibility during such events.
What are the platform and instrument options available at FTMO vs Apex Trader Funding?
FTMO supports platforms like MetaTrader 4/5 and offers forex and CFD trading. Apex Trader Funding focuses on futures, with platforms like NinjaTrader and TradingView, catering to futures traders.
What are the maximum funding options with FTMO vs Apex Trader Funding?
FTMO offers up to $2,000,000 in funding, while Apex Trader Funding provides up to $6,000,000, making it suitable for traders aiming to manage larger capital.
How do account scaling opportunities compare between FTMO and Apex Trader Funding?
FTMO features a structured scaling plan, allowing gradual account growth based on performance, whereas Apex Trader Funding offers significant scaling potential with its higher maximum funding limit.
How difficult is the evaluation process at FTMO compared to Apex Trader Funding?
FTMO's two-step evaluation is more structured with specific targets and drawdown limits, making it challenging but rewarding for disciplined traders. Apex Trader Funding's one-step process is simpler, reducing stress from daily drawdowns.
What are the evaluation costs for FTMO and Apex Trader Funding?
FTMO's evaluation fees range from $89 to $1,080, reflecting its structured process. Apex Trader Funding charges lower fees between $14.7 and $597, making it more accessible for budget-conscious traders.
How do profit splits compare between FTMO and Apex Trader Funding?
FTMO offers up to an 80% profit split, while Apex Trader Funding gives a more competitive 90% split after the first $25,000, appealing to those seeking higher personal earnings.
What are the rules for profit withdrawal at FTMO and Apex Trader Funding?
FTMO processes withdrawals monthly, whereas Apex Trader Funding offers bi-weekly withdrawals, allowing more frequent access to profits for traders.
Which is Better – FTMO or Apex Trader Funding?
Both FTMO and Apex Trader Funding offer unique advantages. If you value structure and diverse market access, FTMO is a strong choice. For those prioritizing flexibility and higher profit retention, Apex Trader Funding is appealing. Consider your trading style, market preference, and financial goals to choose the right firm.