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Trader Evaluation Program

Access the previously unaccessible.

Intraday • Swing • Discretionary • Quantitative

Identifying trading talent

We use a Trader Evaluation Program to identify real trading skill and provide a direct path to managing substantial capital. Every trader gets the same opportunity—demonstrate consistent performance and risk discipline, and earn your seat on an institutional desk with up to $3 million static drawdown.

Trader Evaluation Program

Your Path to the Desk

Begin with a simulated account. Trade intraday or swing.

Starting Balance
$100,000
If our simulated account.
Daily Loss Limit
2.5%
Based on prior session realized P&L.
Max Drawdown
$5,000
Trails highest end-of-day balance (realized PL).
Sizing
Margin based
Swing 100% margin, Intraday 60% margin req.
One-Time Cost
Pay Once
No monthly fees.

Milestone Transition at $15,000 Net P&L

At $15,000 net PL, your relationship with the firm changes. From this point forward, we treat your performance as the foundation of your Live Desk risk allocation.

  • Static Drawdown: Your trailing $5k max drawdown converts to static (non-trailing), fixed at $5k below your EOD balance on the milestone day
  • Career Building: All PL from this point forward is eligible to convert, dollar-for-dollar, toward your Live Desk starting balance- up to $3 million. This defines your static max drawdown you begin with on the Desk.
  • Full Firm Support: Access to private desk channels, coaching, strategy development, and ongoing mentorship as we prepare you for graduating to the Live Desk.

Build Your Live Desk Balance

After the PL Milestone, you're building a career start. Every dollar you earn in the Evaluation Program builds the static drawdown and risk limits you will trade with on the Desk. Set your own target and graduate when you are ready.

Enrollment begins Jan 1. Early Access price: $349 (one-time).

Your Performance Becomes Your Capital

We convert qualified trading performance into the static risk capital you begin with on the Desk. Instead of treating your evaluation results as a one-off hurdle, we use them to define your starting desk drawdown and trading capacity.

Principle
Qualified P&L from evaluation → Live Desk Static Max Drawdown

The structure is simple: the stronger and more controlled your track record, the larger the static drawdown you can responsibly operate with when you sit on the Desk.

Example
Qualified Performance
$108,520
→
Live Desk Static Max Drawdown
$108,520
Daily Loss Limit (5% of Static Max DD)
$5,400

Qualified performance reflects P&L post Milestone Day. We use this to size your static drawdown in a way that is both ambitious and robust.

Graduation

Live Desk

Graduate to the Live Desk when you're ready. Profits from your Evaluation become your Live Desk permanent static drawdown.

Traders receive an 80% profit split, can take a monthly draw, and enjoy uncapped PL withdrawals any time.

Live Desk Parameters

  • Starting Balance: All PL after Evaluation Milestone Day
  • Max Drawdown: Static. Full balance. (never trails)
  • Daily Loss Limit: 5%, scales with balance

Benefits

  • Apteros will pay you a monthly draw (optional)
  • Daily uncapped withdrawals
  • 80% profit split
  • Institutional seat rates
  • Earn K-1 tax treatment
  • Ongoing mentorship, coaching, support
  • Unlimited scaling potential including increased internal allocations, as well as external capital/fund structures

Build your trading career

Take the first step towards something that lasts.

Enrollment begins Jan 1. Early Access price: $349 (one-time).

Intraday • Swing • Discretionary • Quantitative

Platform Integrations

Evaluation Program

NinjaTrader / Tradovate / Tradingview
Rithmic
Sierra Chart

Live Desk

Rithmic
Sierra Chart
Tradovate / NinjaTrader / Tradingview