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Apex Trader Funding is a proprietary trading firm, often called a prop firm, that offers traders access to funded accounts after they pass a one-step evaluation. Traders can manage accounts ranging from $25,000 to $300,000 by demonstrating they can reach a specific profit target without violating rules, most notably the trailing threshold drawdown. This model allows skilled traders to leverage significant capital without risking their own money. Understanding the structure of an Apex prop firm evaluation is a critical first step toward a potential funded trading career.