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Apteros Trading

  • United States

Apteros Trading sells 1 funded-account plan in 1 programme, from $100K to $100K, paying traders 80% of their profits. Trading runs on NinjaTrader, TradingView, and MultiCharts.

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Does Apteros Trading pay out?

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65
Payout risk
High riskConfidence: medium0 evidenced payouts
2.5/5Trust rating 2.5 out of 5

Apteros Trading is a real, six-year-old Nashville futures prop desk run by a publicly identifiable founder, but we could not evidence a single payout that meets our proof standard, and its terms let…

The firm
Updated

Apteros Trading at a glance

Apteros Trading is a proprietary trading firm based in United States.

Account sizes on sale
$100K
Profit split to the trader
80%
programmes, across 1 plan
1
Cheapest plan
$499

On the record

Based in
United States
Platforms
NinjaTrader, TradingView, and MultiCharts
Instrument types
Futures
Website
apterostrading.com
Evidence last checked

Pay for a plan with

  • Credit/Debit Card
Recorded by Wikilix from Apteros Trading’s published terms and re-checked periodically.
Programme ledger

What Apteros Trading sells

1 plan in 1 programme: 1 one-step evaluation.

1 programme
  • 1-stepTrader Evaluation Program1-step$100K15% target5% max drawdown2.5% daily lossno minimum days80%profit split

    The rules

    Phase 1 target
    15%
    Max drawdown
    5% · Trailing, locked at end of day
    Daily loss limit
    2.5% · Balance based
    Minimum trading days
    0
    Payout schedule
    Daily. Live Desk traders may request withdrawals of realized end-of-day P&L at any time, uncapped. Withdrawals are not available during the Evaluation Program, where profit instead converts to the Live Desk starting balance.
    Fee refunded on passing
    No

    On this programme

    • News tradingAllowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed

    Account sizes

    • $100K

    Per-size prices are published on the firm’s site, not on this record.

Rules as recorded by Wikilix from Apteros Trading’s published terms. A rule that differs between sizes prints as a range; per-size prices are on the firm’s site.
Payouts

How Apteros Trading pays

Traders keep 80% of their profits.

Profit split
80%
Plans refunding the fee
0 of 1
Payout schedules stated
1

Payout schedules, in the firm’s words

  • Daily. Live Desk traders may request withdrawals of realized end-of-day P&L at any time, uncapped. Withdrawals are not available during the Evaluation Program, where profit instead converts to the Live Desk starting balance.

    Trader Evaluation Program

Payout policy

Profit is not withdrawable during the Trader Evaluation Program. Profit earned after the performance milestone instead converts dollar for dollar into the starting balance and the permanent static maximum drawdown a trader begins with on the Live Desk, to a ceiling of 3 million dollars. The firm states plainly that evaluation profit cannot be taken as cash in place of joining the desk.

Withdrawal requests. Once on the Live Desk, a trader may request a withdrawal of realized end-of-day profit at any time. There is no cap on the amount and no fixed payout window. Approved withdrawals are processed quickly, with the account balance adjusted by the corresponding amount.

Monthly draw. Live Desk traders carrying a balance of at least 50,000 dollars may opt into a recoverable monthly advance. Typical levels are up to 5,000 dollars on a balance of 50,000 to 75,000, up to 10,000 on 75,000 to 100,000, up to 20,000 on 100,000 to 250,000, and custom limits above that. Later withdrawal-eligible profit is applied first to clearing any outstanding draw balance.

Identity checks. Verification of identity, address and personal details may be required before a withdrawal is released and before Live Desk credentials are issued.

What voids a payout. Profit and payouts are forfeited where the firm finds trading that does not reflect genuine effort or intent. Named examples include coordinated trading or collusion between users, offsetting positions run across accounts to manufacture profit, exploitation of latency or price feeds, and using multiple accounts to bypass risk limits or payout conditions. Program fees are not refundable in any circumstance.

Markets

What you can trade

7 asset classes, traded as Futures.

7 asset classes

Asset classes

  • Futures
  • Indices
  • Metals
  • Energy
  • Other Commodities
  • FX
  • Crypto

Instrument types

  • Futures
Commissions

Trading costs

A commission is charged on every market; the per-lot figures are below.

  • FuturesMinis $2.00 per side; micros $0.55 per side
  • IndicesMinis $2.00 per side; micros $0.55 per side
  • MetalsMinis $2.00 per side; micros $0.55 per side
  • EnergyMinis $2.00 per side; micros $0.55 per side
  • Other CommoditiesMinis $2.00 per side; micros $0.55 per side
  • FXMinis $2.00 per side; micros $0.55 per side
  • CryptoMinis $2.00 per side; micros $0.55 per side

Commission is charged per side and is set by contract size rather than by market. Apteros publishes two tiers that apply across the permitted futures list: 2.00 dollars per side on mini contracts and 0.55 dollars per side on micro contracts.

The evaluation fee is charged once and covers platform access, market data, educational resources and support. There are no monthly fees during the evaluation, and no separate activation charge at the point a trader is promoted to the Live Desk. A reset costs the same as a new account.

Traders who reach the Live Desk trade on the firm's institutional seat rates. Apteros presents the resulting cost saving as one of the practical reasons to graduate, and suggests the benefit becomes meaningful once monthly trading volume is high enough for the difference to compound.

Trading rules

What Apteros Trading lets you do

Across all 1 plan, as recorded programme by programme.

  • News tradingAllowed on every plan
  • Copy tradingAllowed on every plan
  • Expert advisors (EAs)Allowed on every plan
  • Weekend holdingAllowed on every plan
  • Overnight holdingAllowed on every plan

Apteros is a futures-only desk. Forex, stocks and options are not tradable, though the major currency pairs are available through their futures contracts.

Permitted products. Equity index, currency, metals, fixed income, energy, agricultural and livestock futures, in both full-size and micro contracts. The published list runs ES, MES, NQ, MNQ, RTY, M2K, YM, MYM, NKD and MBT; CL, MCL, NG, MNG, RB and HO; GC, MGC, SI, SIL, HG, MHG and PL; the 6-series and micro currency futures; the ZT through UB rates complex; and the CBOT grains alongside live cattle and lean hogs.

Trading hours. Intraday accounts must be flat before 3:05pm CT, and earlier in markets that thin out sooner. CBOT agricultural products such as wheat, soybeans and corn must be closed before 1:15pm CT, and live cattle and lean hogs before 1:00pm CT. Swing accounts carry no time restrictions.

Holding positions. Overnight and multi-day holding is allowed on a designated swing account. Intraday accounts may not carry unrealized profit or loss through an exchange reset.

News. Trading around news releases is permitted. The firm discourages holding into a release unless it is a designed part of the strategy.

Automation. Algorithmic and automated strategies are allowed where the trader owns or manages the code. On the Live Desk the firm may request access to it for risk review.

Copy trading. Permitted between a trader's own evaluation accounts only. Copying between different users is prohibited.

Hedging. Opposite-side positions in the same or highly correlated markets may be held between a trader's own intraday and swing accounts. The firm reserves the right to treat hedging it judges to fall outside normal trading activity as a failure of every account involved.

Position sizing. Size is governed by exchange margin rather than a contract cap. A swing account must hold the full exchange margin requirement per contract, and an intraday account 60 percent of it.

Firm rules

Firm rules

Account limits. A trader may hold one login with Apteros. Up to five evaluation accounts may run at once in any mix of intraday and swing, and the Live Desk permits two, one of each type. Additional evaluation accounts must use the same platform connection as the existing ones, and that connection can only be reconfigured when no evaluation account is active.

Inactivity. An evaluation account that has not been actively and meaningfully traded for 30 days is suspended. Reactivating it requires buying a reset or a new account.

Resets. A failed or ineligible evaluation account can be reset, or a fresh one started, at the same one-time cost as the original. The firm publishes no limit on how many times a trader may do this.

Who may open an account. Traders must be at least 18 or the local age of majority. The firm does not accept anyone convicted of a felony, anyone disciplined by the National Futures Association or the Commodity Futures Trading Commission, or anyone carrying an outstanding balance with another trading firm.

Conduct that closes an account. Sharing an account, holding more than one login, reaching the service through a VPN or VPS, trading on behalf of others, pooling risk with other users, spoofing, wash trading, high-frequency strategies, trading outside the best bid and offer, exploiting bugs or system delays, and cycling accounts to evade risk limits are each grounds for termination and forfeiture of profit. The firm reserves sole discretion over what counts as abuse, and applies that judgement even where an exchange or platform would technically allow the conduct.

Live Desk obligations. Desk traders take on a working relationship rather than a rulebook alone. A stop is required on every open position, a daily review must be completed and shared for any session traded, and traders are expected to stay reachable and to follow risk permissions set by desk and risk management. The firm may reduce a trader's size and limits after a period of poor performance, and may promote an account to the desk at its own discretion.

Payment disputes. An unjustified chargeback results in immediate termination of all services and refusal of future service.

Restricted countries

Where Apteros Trading does not take traders

Residents of 76 countries cannot open an account with Apteros Trading.

76 countries
  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Bahamas
  • Barbados
  • Belarus
  • Bosnia and Herzegovina
  • Botswana
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Central African Republic
  • Chad
  • Croatia
  • Cuba
Show 58 more
  • Democratic Republic of the Congo
  • Ecuador
  • Ethiopia
  • Ghana
  • Haiti
  • Hong Kong
  • Iceland
  • Indonesia
  • Iran
  • Iraq
  • Israel
  • Ivory Coast
  • Jamaica
  • Kenya
  • Kosovo
  • Laos
  • Lebanon
  • Liberia
  • Libya
  • Malaysia
  • Mali
  • Mauritius
  • Monaco
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nicaragua
  • Nigeria
  • North Korea
  • North Macedonia
  • Pakistan
  • Panama
  • Papua New Guinea
  • Philippines
  • Romania
  • Russia
  • Senegal
  • Serbia
  • Slovenia
  • Somalia
  • South Africa
  • South Sudan
  • Sri Lanka
  • Sudan
  • Syria
  • Tanzania
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Uganda
  • Ukraine
  • Venezuela
  • Vietnam
  • Yemen
  • Zimbabwe
As published by Apteros Trading. A country not listed here is not thereby accepted — check the firm’s own terms.
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4 firms
Figures as recorded on the Wikilix directory. A dash means the firm has not published that figure.

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