How do payouts work?

As of 09/16/22 all PA, Prop, and Affiliate payouts from Apex Trader Funding are handled through www.deel.com. For more information CLICK HERE

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.

As of 09/16/22 all PA, Prop, and Affiliate payouts from Apex Trader Funding are handled through www.deel.com. For more information CLICK HERE

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. You must keep the address maintained or updated with us in order to receive a 1099.

No reports are sent for Non-US citizens.

As of 09/16/22 all PA, Prop, and Affiliate payouts from Apex Trader Funding are handled through www.deel.com. For more information CLICK HERE

Deel handles gathering all W- and W-8 forms from you and sends out all 10-99 directly. 

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.

To request a payout you must have already opened a Deel account and filled in your "Payout Method" section in the back office user area. To request payout, go to your back office users area and to to Pa Payout section on the top menu. Verify that your balance is above the minimum balance threshold, and confirm how many trading days you have traded before trying to submit. Select the account you want to request from and enter the amount.

Payouts requests are accepted the 20th-25th of the month. Reviewed and approved by the 29th and send out from Apex on the last day of the month to Deel.