Last checked September 10, 2026.
Every rule below was read from the firm's own published pages. Each stage names its source and the date it was read. Firms change their rules. Missing and uncomputed values are marked plainly, never guessed.
The plan itself was read from the firm's page.
Second Chance Evaluation · Standard
Lifecycle: active. Evaluation steps: 1.
Cohort: not applicable
Package quantity: 1
Apex Live Prop Trading Program. Checked September 10, 2026.
Platforms: Rithmic, Tradovate, WealthCharts
Apex Live Prop Trading Program. Checked September 10, 2026.
Official base price: $199 USD · one time
base price: 199 USD one time. Source: Apex Live Prop Trading Program. Checked September 10, 2026.
Second Chance Evaluation · Evaluation.
Apex Live Prop Trading Program. Checked September 10, 2026.
| Profit target | $4,000 |
|---|---|
| Max drawdown | $2,000 |
| Drawdown style | Not computed; see published policies |
| Drawdown computation | Unknown — the source does not establish every required condition. |
| Trail stops | Not computed; see published policies |
| Daily loss | Not computed; see published policies |
| Consistency | 40% |
| Minimum trading days | 5 |
| Winning day threshold | Not computed; see published policies |
| Winning days for payout | Not computed; see published policies |
| Contract cap | Not computed; see published policies |
| Scaling | Not computed; see published policies |
| Payout | Further published conditions:Some payout conditions cannot be checked automatically. |
| News windows | Not computed; see published policies |
| Flat by | Not computed; see published policies |
Source: the firm's page. Last checked September 10, 2026.
Only supported, officially verified values enter the computed rules above. Other conditions cannot be checked automatically.
Scope: Firm-wide. Consequence: informational. Not computed here.
Trading is done through the supported broker platforms, and Apex publishes no independent trading API for its accounts.
Choosing the right platform. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
Automated trading systems, algorithms and copy-trading services operated by third parties are not permitted.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
Trading bots are covered by the prohibition on automated systems.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: informational. Not computed here.
During limit-up, limit-down and erratic market conditions the exchange may halt or restrict trading, and the resulting fills and liquidations are the trader's responsibility.
Limit up and limit down moves. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
A trader may mirror the same trades in the same direction across their own performance accounts, but copying between traders or from a third-party service is prohibited.
Prohibited activities. Checked September 10, 2026.
One direction rule. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Opposing positions in correlated instruments count as hedging and are treated the same way as hedging the same instrument.
Correlated instruments. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
Expert advisors fall under the prohibition on automated trading systems.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Hedging of any kind is prohibited, including opposing positions inside one account, across a trader's own accounts or with another trader, and a violation closes the performance account immediately.
Prohibited activities. Checked September 10, 2026.
Hedging and correlated instruments rule. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
High-frequency and latency-arbitrage style trading is treated as a prohibited activity.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Accounts are personal: sharing a username or password, letting another person trade the account or holding accounts for someone else is prohibited.
Code of conduct. Checked September 10, 2026.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: informational. Not computed here.
Tradable instruments and their round-turn commissions are published per platform, with Tradovate charging 1.55 dollars a side on the E-mini equity index contracts.
Tradovate commissions and instruments. Checked September 10, 2026.
Rithmic commissions and instruments. Checked September 10, 2026.
WealthCharts commissions and instruments. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Residents of the countries named in the restricted-countries article cannot open or hold an Apex account.
Restricted countries. Checked September 10, 2026.
Scope: Firm-wide. Consequence: informational. Not computed here.
Apex publishes no minimum holding time for a trade on the reviewed surfaces, and instead controls short-term trading through the prohibited activities list.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
Positioning solely to gamble on a scheduled news release is a prohibited activity.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Traders must follow the code of conduct and trade in a professional, good-faith manner; circumventing any rule closes the account.
Code of conduct. Checked September 10, 2026.
Scope: Firm-wide. Consequence: breach. Not computed here.
A stop loss is mandatory on every trade.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: session lock. Not computed here.
All trades must be closed and all pending orders cancelled by 4:59 PM ET; an automatic safeguard closes open positions and cancels attached orders at that time, and markets that close earlier must still be closed manually.
Futures trading times. Checked September 10, 2026.
Holiday trading. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Trading through a VPN, proxy or any tool that hides the trader's location is prohibited.
Prohibited activities. Checked September 10, 2026.
Scope: Firm-wide. Consequence: closure. Not computed here.
Remote hosting that conceals the trading location falls under the same prohibition as VPN and proxy use.
Prohibited activities. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard. Open question recorded for: . Consequence: unknown. Not computed here.
The Second Chance requalification product publishes a profit target, trailing drawdown and contract limit but no nominal starting balance.
plan.account_size. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not name bracket strategies as either permitted or prohibited, so the outcome stays unknown.
policy.bracket. Checked September 10, 2026.
policy.bracket. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not name dca strategies as either permitted or prohibited, so the outcome stays unknown.
policy.dca. Checked September 10, 2026.
policy.dca. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not name grid strategies as either permitted or prohibited, so the outcome stays unknown.
policy.grid. Checked September 10, 2026.
policy.grid. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not establish one inactivity outcome for every inventoried plan and stage.
policy.inactivity. Checked September 10, 2026.
policy.inactivity. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not name martingale strategies as either permitted or prohibited, so the outcome stays unknown.
policy.martingale. Checked September 10, 2026.
policy.martingale. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not establish one payout outcome for every inventoried plan and stage.
policy.payout. Checked September 10, 2026.
policy.payout. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not establish one scaling outcome for every inventoried plan and stage.
policy.scaling. Checked September 10, 2026.
policy.scaling. Checked September 10, 2026.
Scope: Firm-wide. Open question recorded for: Evaluation. Consequence: unknown. Not computed here.
The reviewed official surfaces do not establish one winning_days outcome for every inventoried plan and stage.
policy.winning_days. Checked September 10, 2026.
policy.winning_days. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: warning. Not computed here.
Up to 5 Second Chance evaluations may be open at the same time.
Apex Live Prop Trading Program. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: informational. Values shown above.
A 40 percent consistency rule applies to the Second Chance evaluation.
Apex Live Prop Trading Program. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: informational. Not computed here.
Position size is capped at 3 minis or 30 micros.
Apex Live Prop Trading Program. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: warning. Not computed here.
Each 1000 dollars of loss triggers a Done-for-Now flatten event that closes open trades without locking the trader out for the rest of the day.
Apex Live Prop Trading Program. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: breach. Values shown above.
The Second Chance evaluation carries a 2000 live intraday trailing drawdown.
Apex Live Prop Trading Program. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: informational. Values shown above.
At least 5 trading days are required, each showing a minimum of 250 dollars in profit.
Apex Live Prop Trading Program. Checked September 10, 2026.
Scope: Second Chance Evaluation / Standard / Evaluation. Consequence: informational. Values shown above.
Reach 4000 in profit to pass the Second Chance evaluation to the live program.
Apex Live Prop Trading Program. Checked September 10, 2026.