Apex Trader Funding, founded in 2021 in Austin, Texas, has grown into one of the most widely used futures prop firms, operating in more than 100 countries and paying out over $803 million to funded traders since 2022. Its model is a one-step evaluation with a choice between end-of-day and intraday trailing drawdown, priced as a one-time fee rather than a subscription. Recent updates have moved toward a 100% profit split on funded accounts and support for up to 20 simultaneous accounts, and the firm maintains a strong reputation.