Apex Trader Funding is the dominant force in the simulated Futures proprietary trading space. Founded in 2021 in Austin, Texas, they provide traders access to CME futures instruments via platforms like Tradovate, Rithmic, and NinjaTrader. Known for allowing traders to manage up to 20 accounts simultaneously, Apex offers highly leveraged 1-step evaluations. While they enforce strict intraday risk management and payout rules, their structure allows disciplined futures day traders to scale aggressively and keep 100% of their first $25,000 in simulated profits per account.