Does Apex offer CFDs?
No. Apex Trader Funding markets and rules cover simulated futures evaluations and performance accounts (EOD trail and Intraday trail products). Contract limits are expressed in minis/micros — not CFD lots.
If you came from a forex or CFD background, the practical translation is: there are no 0.01 lots here. The smallest unit you can trade is one micro contract, and that micro has a fixed dollar value per tick. Your only sizing levers are how many contracts and how far away the stop is. That is why stop placement matters more on a futures prop than it did on a CFD account — you cannot shave size to fit a bad stop.
The number that actually ends Apex accounts
Most traders size off the account balance. On a trailing-drawdown product that is the wrong number. What matters is the distance between your current balance and your breach level — and on a trailing product the breach level moves up behind you as your balance makes new highs.
The mechanic, in plain terms:
- You start with a drawdown threshold sitting some fixed amount below your starting balance.
- As your account makes a new high, that threshold follows it upward, keeping the same gap.
- It does not follow you back down. Once it has moved up, it stays there.
- Touch it and the account is done — regardless of how profitable you were an hour earlier.
Apex runs different products (end-of-day trail versus intraday trail) and the trail on some products stops moving once it reaches a certain level. Check which product you actually bought — the sizing consequences are completely different, and it is the single most common reason people are surprised by a breach.
The practical rule that falls out of this: after a good run, your real risk budget is smaller than your balance suggests, because the threshold has crept up behind you. Put your true remaining distance-to-breach in the calculator’s Remaining distance to breach field (or the trail buffer field), and PropSize will size against that buffer — not the headline starting trail.
Evaluation position caps (official help): 50k = 6 minis (60 micros), 100k = 8, 150k = 12. Exceeding the cap breaches regardless of dollar risk. PA accounts start lower and scale — use the eval preset only if you are still in evaluation.
Worked example — MNQ on a 50k evaluation
Say you are trading MNQ (Micro E-mini Nasdaq), where one tick is worth $0.50 per contract, and your stop is 40 ticks away.
- Risk per contract at stop = 40 × $0.50 = $20.
- If your risk budget for the trade is $250, then 250 ÷ 20 = 12.5 contracts.
- PropSize floors that to 12 contracts — never 13. Rounding up is how a 1% risk quietly becomes 1.04%, and how four "1% losers" breach a 4% limit.
- Actual risk at 12 contracts = 12 × $20 = $240.
Now the part traders skip: if your daily loss limit is $1,000, that single trade is 24% of the day. Three more like it and you are at the wall with no room for a fourth idea. That ratio — not the percentage of balance — is what the calculator puts in front of you.
Micros are a sizing tool, not a beginner tool
Trading NQ instead of MNQ multiplies your tick value tenfold. On a small evaluation with a tight daily limit, the mini often cannot be sized at all without a single stop eating most of the day's budget — the honest answer is "0 contracts", which is useless. Switching to micros gives you a granular ladder instead of an on/off switch, and lets you take a normal stop distance instead of an artificially tight one. The calculator shows the micro equivalent automatically when the mini does not fit.
Open calculator with preset
Preset daily figures are illustrative sizing proxies, not quoted firm rules. Trail and daily numbers change by product and over time — always verify on apextraderfunding.com before trading.
Common questions
Can I trade forex on Apex?
Not as spot or CFD. The nearest equivalent is CME FX futures such as 6E or 6B, if they are on your product's allowed list. They behave like any other futures contract for sizing purposes — fixed tick value, whole contracts only.
Why does the calculator give me a smaller size than my old 1% rule?
Because it takes the lower of your percentage risk and a fraction of the daily loss limit. On accounts where the daily limit is tight relative to balance, 1% of balance can be a quarter of your entire day. The binding constraint is the daily limit, so that is what it sizes against.
Does a bigger account mean I can risk more per trade?
Only if the drawdown scales with it. Larger evaluations often carry proportionally tighter limits, which is why the presets here drop the risk percentage as account size rises rather than keeping a flat 1%.