Apex 3.0 Rules: New 30% Drawdown Rule CLARIFIED & Explained!

Apex 3.0: Breaking Down the New 30% Drawdown Rule

🗒️In this video, we’ll dive deep into the updated Apex 3.0 rules that went into effect 10/21/24, specifically the newly introduced 30% drawdown rule.

🤔If you're curious about how the Apex Trader Funding new rules impact your trading strategy, this is the breakdown you need. I'll explain the 3 key phases of this rule and how it relates to your safety net, start-of-day drawdown, and total profit.

💭If you’ve been wondering how this new Apex rule will affect your payouts or performance accounts, don’t worry—I’ve got you covered. With clear examples, I’ll show why trading with good risk management is crucial to thriving under these updates. This video has everything you need to stay informed.

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🛑P.S. The links in the description are affiliate links. If you click on any of the links listed, I will receive a commission on the sale at NO extra charge to you. You are NEVER obligated to use any link listed above, but I thank you if you do 😊

❣️As always, thank you for the support. It means the world to me ❣️

[CatinaWillis]

Rules to slow down payouts. 😒 Why do we have to suffer because others learned how to game their old rules. 😡

[robertrose]

Hi,
I like the way you explain things so I subbed to all. 👍

So basically until we reach the Safety net, the most drawdown we can have at any point is $750, regardless of profit. If we make, say $500 then our balance can't go below $49, 750 at any point. Does that sound correct?

Is there also a rule for maximum profit in 1 day during eval? Similar to TopStep you can only make up to 50% of goal in 1 day. I read many pass Apex in 1 day now, so my guess is there's no TP limit.

[angelvibes]

If I violated the rule show I request a payout still to reset the 8 days or should I just trade another 8 days

[blackcoffeetrader]

Good video. Totally agree with you, if you have some risk management this rule really won't apply. Personally I think that in totality Apex 3.0 is beneficial for us traders and certainly more clarity for everyone.

[robertT]

Great explanation. I appreciate this breakdown of the misinformation about this so called rule. I shouldn’t be trading if I’m not protecting my capital! Risk management is the golden rule in trading.

[rauljm]

Hopefully this makes sense. Say you know that you broke one of the rules and your 5 days into the 8 days. Can you just count day 6 as day 1 again until you reach 8 days again to see if you qualify for a payout? Or will they look at all the days? Or just see thw last 8 days of profit that were traded? Thanks again.

[TraderJoe]

So if I have a series of small loses that accumulate to more than the 30% Neg p/l rule; that is acceptable for payout still???

[FineFreddy]

This is a terrible rule. I have a lot of trades with more than 30% draw down. If I don't get paid I won't be happy. Either this rule goes or I go.

[lisanoturtle]

What about of I don’t want a payout, i only want to build the account? How much do you have to have build up to reach the threshold to pass all of the restrictions?

[Eagurr]

So let's say I have a recently opened funded 50k apex accnt. the 30% Negative PnL is 750 from the 2500 Drawdown right, lets say on the 1st day I have a -200$ Loss, which puts me at 2300, for the next day, is it still 750 or 30% of 2300?

[kwame]

To clarify from my understanding the 30% rule is not a daily loss limit. It applies to the trade you are in, you cannot go below the 30% of your profit/drawdown when you are in a trade

[CatinaWillis]

It's a damn shame that these rules have to be explained in detail, and it's still confusing. Are you saying you can not make or lose more than $750 per day with a 50k account? I'm confused. 🥴 because how can you get above the threshold if you've got to watch P/L so closely?

[wizardedits]

Is that a daily drawdown or a per trade drawdown? Lets say i lost 60% from my profits in a day( lets say 10 trade each one was 200$ loss which went to 60% daily drawdown). And i asked for a payment 3 weeks later. Will i be denied?

[StretchFX]

Hey good evening. NEW SUB!!! Your was very informative. I just have a very very hard time understanding the 30%. 25K apex PA. Today was my first trading day. $375 was made on a 2:1 RISK TO REWARD SETUP. If focus on continuing to make about the same amount I should be able to have my payout request approved correct? I know It may seem simple but its just not clicking yet. Your response will be appreciated.

[rubendelatorrejr]

Hi KeAmber thanks for the good info. I have a question… I probably misunderstood but is there a cap on how much profit you can take in a day?

[bluesqueen]

Can they just let you announce the changes? :)

[DdotParsons]

Will I get denied by 30% drawdown rule if I violated once during a 19 trading day period?

[MusicOverseer]

does this apply to open profits in a trade if your up 1k and it drop 30% and back up is that a rule break?

[AntiMason]

Why did we pay to have a certain drawdown parameter and then they go and change it to 30%. 30% of the whole 25k account i agree would be insane, but 30% of 1500 dollars is easy to hit on any day.

[midesmedia]

Isn't this just a soft brech? I broke that rule a couple of times, and my account has not been disabled.