How do payouts work?
Payments are paid out on the last business day of the month.
Profit Share: Traders are entitled to 100% of the first $10,000 they make, and 90% of the profit they earn thereafter.
Payouts are made via PayPal, wire transfer, or mailed check. If you request PayPal as your payout method, please make sure you verify your PayPal account with bank card and tax ID to ensure there is no issue or delay in receiving your pay out.
Payments must be requested between the 20th and 25th of the month, with the amount you wish to withdraw. Requests made after the 25th may be denied until the following month.
For your first payout, you must have a total of 25 trading days before you can request the first payout. Payout requests can only be made between the 20th-25th of each month. So, at payout request time you may be on day 25 or may be on day 45 just depends on when you started trading the account. Once you request your first payout during the proper period, then your days start to count over from the REQUEST date of your payment as far as reaching the next number of trading days to be able to request a payout the next time around from 20th-25th.
So, if at the first payout time you were at 40 days and request first payout, then you still have to have ten more, new, trading days to request second, etc etc
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.
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 us in order to receive a 1099-NEC for payments made via wire.
At our discretion, a 1099 may not be sent out for PayPal payments.
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 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.
When you request payout in the help desk, request the amount, verify that your balance is above the minimum balance threshold, confirm how many trading days you have traded, which payout it is, and the information for the payout method you prefer, i.e., PayPal, email address; wire information, including bank name, address, phone number, swift/routing number, account number, your name, phone, and email address; or your address for a mailed check.
| Payout Request # | Days Required |
Required Minimum Balance To Do a Withdrawal | Minimum Payout | Max Payout |
| 25K Full 4 Contract Account | ||||
| First | After 25 days where trades were placed | $26,500 | $1,000 | $1,500 |
| Second and Third | 1x per month with 10 days where trades were placed | $26,500 | $1,000 | $1,500 |
| Fourth On | 1x per month with 10 days where trades were placed | $26,500 | $1,000 | No max |
| 50K Full 10 Contract Account | ||||
| First | After 25 days where trades were placed | $52,500 | $1,000 | $2,000 |
| Second and Third | 1x per month with 10 days where trades were placed | $52,500 | $1,000 | $2,000 |
| Fourth On | 1x per month with 10 days where trades were placed | $52,500 | $1,000 | No max |
| 75K Full 12 Contract Account | ||||
| First | After 25 days where trades where placed | $77,750 | $1,000 | $2,250 |
| Second and Third | 1x per month with 10 days where trades were placed | $77,750 | $1,000 | $2,250 |
| Fourth On | 1x per month with 10 days where trades were placed | $77,750 | $1,000 | No max |
| 100K Full 14 Contract Account | ||||
| First | After 25 days where trades were placed | $103,000 | $1,000 | $2,500 |
| Second and Third | 1x per month with 10 days where trades were placed | $103,000 | $1,000 | $2,500 |
| Fourth On | 1x per month with 10 days where trades were placed | $103,000 | $1,000 | No max |
| 150K Full 17 Contract Account | ||||
| First | After 25 days where trades were placed | $155,000 | $1,000 | $2,750 |
| Second and Third | 1x per month with 10 days where trades were placed | $155,000 | $1,000 | $2,750 |
| Fourth On | 1x per month with 10 days where trades were placed | $155,000 | $1,000 | No max |
| 250K Full 27 Contract Account | ||||
| First | After 25 days where trades were placed | $256,500 | $1,000 | $3,000 |
| Second and Third | 1x per month with 10 days where trades were placed | $256,500 | $1,000 | $3,000 |
| Fourth On | 1x per month with 10 days where trades were placed | $256,500 | $1,000 | No max |
| 300K Full 35 Contract Account | ||||
| First | After 25 days where trades were placed | $307,500 | $1,000 | $3,500 |
| Second and Third | 1x per month with 10 days were trades where placed | $307,500 | $1,000 | $3,500 |
| Fourth On | 1x per month with 10 days were trades where placed | $307,500 | $1,000 | No max |
| 100K Static 2 Contract Account | ||||
| First | After 25 days where trades were placed | $102,500 | $1,000 | $1,000 |
| Second and Third | 1x per month with 10 days were trades where placed | $102,500 | $1,000 | $1,000 |
| Fourth On | 1x per month with 10 days were trades where placed | $102,500 | $1,000 | No max |