Automated Process
The transition to a PA Account is automated. Once the system detects that you have completed the required trading days and met the profit target, it initiates the process after Market Close for the day the profit target was met.
- No Need for Help Desk Tickets: Submitting a help desk ticket is unnecessary and will not expedite the process. The Help Desk does not have additional information regarding automated transitions.
- Delayed Emails: If you do not receive the email after 2 days of passing your evaluation, then you may submit a help desk ticket for assistance. Before submitting a ticket, please check your Passed Evals tab on your Memberβs Area for the link to Purchase PA.
Finalizing Your PA Account
- Complete the Payment to Purchase your PA:
- Select your desired PA membership, lifetime or monthly, and complete the payment.
- Once you pay, the system will automatically cancel your passed Evaluation Account. Do not manually cancel the Evaluation Account yourself.
- Activation of PA Account:
- After completing the payment, you will receive an email notification confirming that your PA Account is ready for trading. Note: This process can take up to 4 hours for accounts to be created. Please do not submit a ticket until after this period.
- Log In: Use the same username and password as your Evaluation Account.
- Seamless Transition: Your PA Account will function just like your Evaluation Account, with no need to adjust to any new systems or procedures.
PA Account Assignment and Activation Order
To ensure correct fee assignments, it is recommended to activate your evaluations in numerical order:
- Activate Passed Evaluation Accounts Sequentially: Start with Evaluation 01, followed by 02, and so forth.
- Prioritize Lifetime Fees Over Monthly Fees: If you wish to have PAs on each membership type, you must pay for Lifetime PA fees first before addressing Monthly PA payments.
System Processing Order:
- Payments are processed from the lowest to the highest account number.
- Once a payment is set up, it cannot be altered because fees are charged immediately. This includes the conversion between monthly and lifetime memberships, which is not possible.
Example: If you have accounts 01, 02, 03, and 04, and you attempt to pay for and activate accounts 03 and 04 simultaneously, the system will prioritize activating accounts 01 and 02 first because of their lower account numbers. This prioritization applies to both Monthly and Lifetime PA Fees.
Activation Limit: You can activate and pay for up to 20 PA accounts. Once these accounts are set up, changes or cancellations are not possible.
Paying for a Lifetime VS Monthly PA Fees
Head to the Passed Evals page and select the lowest-numbered eval to purchase PA:
Monthly Fee:
Lifetime Fee:
How can you pay for your PA?
Payment Deadlines and Refund Policy
After passing your Evaluation Account, you must promptly pay your PA fee using the Passed Eval tab or your Apex Dashboard.
Refunds:
- If you pass your Evaluation Account before 5 PM ET on the day before your rebilling date and fully activate your PA account within 48 hours, you are eligible for a refund of the evaluation renewal fee (NOT the original account fee). Submit a Help Desk ticket with your account number (e.g., APEX-12345-67) to request this refund.
- Important: Evaluations must be passed before market close on the day preceding the renewal billing date.
- If you pass on the same trading day as your rebilling date, refunds for rebilling charges are not available. Remember, if your renewal date is the 20th, any trades after 6 PM ET on the 19th are classified as the trading day for the 20th, and this will count as the first day of your new subscription cycle.
- If the Evaluation Account passed more than 48 hours before your rebilling date, you will not be eligible for refunds of the renewal fee if you have not converted to a PA before the fee is charged.
Late Payments:
- If you exceed the 48-hour window to set up your PA account after passing your Evaluation Account, no refunds will be processed for any recurring charges incurred during this period.
- It is your responsibility to complete the PA setup within the 48-hour timeframe. Failure to do so means your passed Evaluation Accounts must remain active by paying the monthly renewal fees until you can finalize the PA Payment.
- No Exceptions: Recurring charges are non-refundable under any circumstances.
Understanding PA Account Fees and Payment Options
At Apex, managing your Paid Performance (PA) accounts is streamlined, with clear fee structures and payment options designed to suit your trading needs. Whether you’re a new trader or managing multiple accounts, it’s essential to understand the lifetime and monthly fee options, activation procedures, and billing processes to make informed decisions. This guide provides a comprehensive overview of PA account fees, payment options, and essential procedures to ensure a smooth experience with Apex.
Lifetime and Monthly Fee Options
Apex offers options for Legacy PA accounts to be paid via a Lifetime Fee or a monthly subscription.
| Legacy PA Monthly Fee Option | |
| WealthCharts | $85 per month |
| Rithmic | $85 per month |
| Tradovate | $105 per month |
| Legacy PA Lifetime Fee Option | |
| (same for all platforms) | |
| 25k | $125 one time fee |
| 50K | $140 one time fee |
| 100K | $175 one time fee |
| 150K | $200 one time fee |
| 250K | $250 one time fee |
| 300K | $300 one time fee |
Once you have completed the payment for one of these options, the decision cannot be changed. Refunds will not be issued to change your payment decision.
Key Points:
- Immutable Payment Choice: Once a payment option (Monthly or Lifetime) is selected for an individual PA account, it cannot be altered. For instance, if you choose the Monthly option during account setup, upgrading to a Lifetime Fee later is not permitted.
- No Exceptions: Apex strictly enforces this policy. Attempts to request changes or exceptions through the Help Desk will not be accommodated.
PA Account Activation and Payment Process
After successfully passing your Evaluation Account, you will receive emails with instructions on completing the payment. Alternatively, you can access the Payment Link via your Apextraderfunding.com Dashboard under the Passed Eval tab.
Billing for Paid/Funded Accounts
Each paid or funded PA account is billed individually. For example, if you manage three paid/funded accounts, you will receive three separate bills corresponding to each account. This ensures clarity and precise tracking of your payments.
Need Assistance?
If you encounter any issues or do not receive the necessary emails within the specified timeframe, please submit a help desk ticket for further assistance. Remember, submitting a ticket before day ten will not expedite the automated process.