Silver (SI) on Apex Trader Funding

Silver (SI) futures trading at Apex Trader Funding offers traders access to the precious metals market with their trailing intraday drawdown system and 100% profit sharing on the first $25,000. The firm's allowance of up to 10 SI contracts combined with their flexible evaluation requirements makes it an attractive option for silver traders seeking funded capital.

Trading Silver futures at Apex Trader Funding requires careful position sizing due to their trailing intraday drawdown calculation that locks in at each new equity peak. With SI's $25 per tick value and typical daily ranges of 20-50 ticks, a single contract can move $500-$1,250 per day, making risk management crucial under their drawdown system.

For position sizing on Apex accounts, consider that each SI tick represents $25 of profit or loss. On their $25,000 account with a 6% profit target ($1,500), risking 2% per trade ($500) would allow for a 20-tick stop loss on one contract or a 10-tick stop on two contracts. The trailing nature of their drawdown means that once you're profitable, your maximum loss floor adjusts upward, providing more flexibility as your account grows.

The intraday trailing drawdown is particularly relevant for silver trading given SI's tendency for sharp moves during London and New York sessions. Unlike static drawdown limits, Apex's system means profitable morning positions can actually increase your allowable risk for afternoon trades. However, this also means unrealized gains count toward your peak balance, so paper profits can quickly become locked-in drawdown floors if positions reverse.

Practical tips for SI trading at Apex include being mindful of their overnight restrictions, as silver often gaps on economic data releases. Focus on intraday momentum plays and consider scaling out of winning positions to lock in profits that raise your drawdown floor. The consistency rule requiring no single day exceed 50% of total profits at payout encourages steady, measured trading rather than home-run swings. Given their 5-day payout frequency and 100% profit share on initial gains, consistent 0.5-1% daily returns can compound effectively while staying within their risk parameters.

On a $25,000 Apex Trader Funding account with approximately $1,250 maximum drawdown, trading 1 SI contract with a 10-tick stop risks $250 (1% of account). This conservative sizing allows for multiple trades while staying well within the trailing drawdown limits, even accounting for unrealized P&L fluctuations.