To maintain integrity and ensure funding is provided only to disciplined and consistent traders, Apex Trader Funding strictly prohibits the following activities:
- You may not provide your access criteria to any of your Accounts to anyone, and you may not share Accounts with anyone.
- You may only use a bank account, debit card, or credit card that is in your own name to pay fees. Likewise, you may only request that are Rewards distributed to a bank account held in your own name.
- You may not initiate a chargeback, dispute, or any other refund request in bad faith.
- You may not submit any false or misleading information or documents, including but not limited to those related to your identity, residency, financial status, or other personal or account-related details.
- You may not use VPNs, proxy servers, cloud servers, anonymizing tools, or other methods or tools for the purpose of misrepresenting, concealing, or disguising your identity, device, or location in an attempt: (a) to evade or circumvent any rules, security measures, access controls, or geographic restrictions; (b) to hide prior violations or detection of violations of this Agreement, the Trading Rules, or Company policies; or (c) to engage in or facilitate any illegal, fraudulent, deceptive, or abusive conduct.
- You may not manipulate Company systems, documents, trade logs, communications, or impersonate Company staff.
- You may not use the Company Services abusively or in a way that tries to exploit, “game,” or undermine the purpose or spirit of the Program for personal benefit.
- Trading Without Stop Losses or Risk Management: All trades must have either pending or mental stop losses and a well-defined risk management strategy. Trading without these measures is strictly prohibited.
- High-Risk Strategies: Strategies that involve small profit targets while risking disproportionately large amounts are not allowed. For example, setting a five-tick profit target with a 150-tick stop loss demonstrates unacceptable risk management.
- Using the Trailing Threshold as a Stop Loss: Traders are prohibited from using the account’s full threshold as a stop-loss mechanism to absorb large losses, leading to account liquidation.
- Stockpiling Evaluation Accounts: Purchasing multiple discounted evaluation accounts to cycle through and intentionally “blow up” accounts in pursuit of windfall profits is not permitted.
- Unsustainable Strategies: Any trading, risk management, or implementation that fails to demonstrate consistent growth and sustainability is prohibited. This includes schemes or behaviors that do not align with responsible trading practices.
- Deviating from Professional Standards: Traders must employ strategies and risk management techniques consistent with those they would use in a personally funded account at a registered broker. Apex does not fund traders who deviate from this standard.
- Manipulation of the simulated trading environment: Apex Trader Funding strictly prohibits manipulation or exploitation of the simulation environment in any way, including High Frequency Trading (HFT) or any other exploitative strategies. This includes trying to manipulate the system for erroneous fills or breaching the maximum allowed contracts per an account plan. Please also be aware that this includes non-directional bracket trading, where orders are left open on both sides of the market, trying to catch a lucky windfall.
- Unauthorized Users: Allowing any individual other than the registered owner to access or perform account verification is strictly prohibited. Apex reserves the right to request additional information — including audits and verification procedures — from the account owner to ensure that only the authorized user is trading or accessing the account and to enforce compliance with the contract.
- Account and Resource Sharing: Sharing MAC addresses, computers, IPs, credit cards, or trade copying with other traders is strictly forbidden. Violations will result in account closure, forfeiture of funds, and potential additional verification or audits to ensure compliance.
- Multiple Account Creation: Creating multiple user accounts is prohibited and is a bannable offense. You also may not create additional accounts in the household or associated parties if an existing user account has special provisions, such as an evaluation restriction or trader probation, as this would be viewed as an attempt to circumvent account provisions on an existing account. This includes both business and personal user type accounts.
- Holding open trade positions through the market close. Traders are responsible for ensuring that all open trade positions are closed prior to the market close. Traders engaging in these prohibited activities will forfeit their accounts and all associated balances. Apex reserves the right to audit accounts further if there is a suspicion of non-compliance to guarantee adherence to the trader agreement.
- No Automation or Algorithm Usage allowed: Rewards are intended to recognize human traders actively participating in the learning process, not to reward automated systems executing preprogrammed logic. Please see the user agreement for more details, and we encourage you to reach out if you have further questions.
- NEWS TRADING: Trading during news is allowed for your normal trading strategy. Using “news trading” strategies that “chase the market” or place orders on both sides but to be lucky or gamble the outcome of news is not allowed.
- No Hedging of Any Kind – Directional Trading only. Holding both long and short positions simultaneously on the same or correlated instrument is strictly prohibited. This rule ensures that trades are based on strategic analysis rather than speculative attempts to hedge both sides during a breakout or news driven event for example.
By adhering to these guidelines, traders can maintain their accounts in good standing and demonstrate the consistent, disciplined approach Apex seeks to fund.