Questions, answered

Accounts are fully simulated on live market data — no real capital is traded. The profit-share payouts are real money. Market odds come from third-party data providers.

Never. Your only cost is the one-time evaluation fee, and an optional reset if you breach and want another go. All trading uses simulated capital the firm provides, so an account cannot go negative and you can never owe us anything.

No. You buy and sell binary event contracts on an order-driven market at real prices, the same way you would trade any asset. You can exit a position before the event resolves, the price you pay is set by other traders rather than by a house, and we are not on the other side of your trade.

No firm could hand live six-figure capital to everyone who passes a short evaluation and survive. Simulation is how funded trading is risk-managed across the whole industry. We say so up front rather than using 'manage real capital' language that quietly becomes 'simulated' when you try to cash out. The full explanation is on the pricing page.

Apollo Markets is an independent firm. We are not an exchange, not a broker, and not affiliated with the venues whose prices we quote.

You need to pass a one-time identity check before your first withdrawal, and payouts are subject to the sanctions and eligibility rules that apply to us. The evaluation itself is open wherever our terms allow. See the terms.

A short rulebook applied automatically and identically to everyone: reach the profit target without touching the trailing safety net, stay inside the daily loss limit, and trade on at least the minimum number of distinct days. Every plan's exact figures are on its card. See the plan cards.

Your safety net trails your equity high at the END OF DAY, not intraday. An intraday spike does not lock in a higher floor, so a position that moves against you inside the session cannot breach you on a high you only touched for a minute.

The account breaches, open positions are closed automatically, and the account stops trading. Nothing is owed and nothing is taken from you. You can reset and try the evaluation again for a fee, or buy a new one.

Yes — at least 3 distinct days with a trade before the evaluation can pass. Days are counted at the end of each day, so today's trading shows up in the count tomorrow.

No single day may be more than 40% of your total profit. What it does when you cross it is the part firms tend not to spell out: it never fails or closes your account. During the evaluation it withholds the pass until your profit spreads out; on a funded account it holds a payout request until it does. You keep the account and keep trading either way.

No. There is no deadline and no countdown — an Apollo account has no expiry date. Take the setups you actually want instead of forcing trades to beat a clock. More on what we do differently.

No. There is no inactivity rule. Step away for a week or a month and the account is exactly where you left it.

At the close of the trading day you qualify. The rules are checked once a day, at the end of the trading day (midnight Eastern): if your realised profit is at the target with the day count and consistency met, your funded account is provisioned then and there. There is no manual review and nobody has a lever to slow it down.

Yes. Event contracts run to their own close, which is often days or months away, and nothing forces you flat at the end of a session.

Yes — a per-market exposure cap and a cap on combined open parlay liability, both set as a percentage of your account balance. Each plan card lists its own figures, and an order that would breach a cap is rejected before it fills rather than after. See the plan cards.

Trading is through the Apollo desk. Automated strategies that work by exploiting the simulation rather than by forecasting — latency games, quote-stuffing, coordinated accounts — are what the terms are there for. See the terms.

If a market's final result lands exactly on the line, the market is voided and your stake is refunded at your entry cost, once the venue's result has held through the same waiting period every settlement gets. One consequence worth knowing: your drawdown floor trails your equity highs, so if a large unrealised gain vanishes in a refund, the account can still breach. The floor never rewrites history.

Up to 80%, depending on the plan. The split is on your card at checkout and does not change afterwards.

Pass, trade profitably, and we pay you real money as your share of those simulated profits — above a small payout cushion and after a one-time identity check. The full explanation is on the pricing page.

After 5 winning trading days, counted across the life of the account. Winning days from your evaluation carry over, so you can arrive on the funded account already part of the way there. The bar is deliberately a count of winning days rather than a calendar wait, so one lucky spike is not what unlocks a withdrawal.

The minimum request is $100. The cushion is $100 of profit that stays above your starting balance and is not withdrawable — it is what keeps a funded account funded after you take money out.

There is a cap per rolling 30 days — between $1,000 and $3,500 depending on account size — and that window resets. There is no lifetime limit: no total you can reach after which we stop paying you.

Nothing. It is not forfeited and it is not swept. It stays in your account and stays withdrawable in the next 30-day window.

A payout request is checked against the same published rules as everything else: the account must be funded and active, identity verified, the amount inside your withdrawable profit and above the minimum, one request open at a time, and inside the period cap. The consistency rule can hold a request until your profit is spread more evenly. Each rejection names its reason.

Requests are on demand rather than on a fixed schedule. Once approved, the time to land is your payment provider's, not ours.

Yes, once, before your first withdrawal. It is not needed to buy an evaluation or to trade — only to be paid.

Money already paid is yours. A breach ends the account; it never reaches back for a payout you have taken.

Thousands of yes/no event contracts across politics, economics, sports, crypto, weather and culture — from the next Fed decision to tonight's game to where Bitcoin closes the hour.

Yes, and it is one band published for every series we list: anything priced between 5¢ and 95¢ is tradeable. Longshots below the floor and near-certainties above the ceiling are out, because at those prices the payoff is dominated by the tail rather than by the forecast.

We list a curated slice of the exchange catalog — mainly the main line on each event — so a market can be real, open and priced on the exchange while not being on our board. Where that happens we say so on the market itself rather than letting the button quietly do nothing.

Our trading fee, charged on every fill: 7% × price × (1 − price) per contract, rounded up to the next whole cent. That peaks near 1.75¢ per contract on a $1 contract priced around 50¢ and falls away toward both tails. Every fill is charged at the taker rate, including one that started as a resting limit order. It is Apollo's fee rather than a venue's, and it is the only charge on a single-market trade: no commission, and nothing added to the price.

Yes, within limits. Multi-leg trades combine several legs into a single position at a single price, on a funded account as well as in the evaluation. Legs must be head-to-head games: futures, player props and season-long markets have no matchup and are rejected. The combined price carries a 10% markup over the fair odds, and the payout is capped at 500x the stake. It is the same risk engine, so a parlay counts against your limits like any other exposure.

Yes. Fills happen at live top-of-book prices with real spreads and real depth. The account is simulated; the market is not, and a size the book cannot support does not fill just because the account is simulated.

Yes — market and limit orders, on both sides of a contract, with the same rejection reasons shown in plain language when a risk cap or a thin book stops a fill.

A second scoreboard that measures whether you were right, not just whether you won. It scores your settled trades on calibration (when you buy at 30¢, do those come in about 30% of the time?), on a Brier score against the market's own baseline, and on your net edge in cents per contract. See what it measures.

0 to 100, centred at 50 for no demonstrated edge, and fully determined by two published numbers: your net cents per contract, shrunk toward 50 by a bootstrap p-value so an unproven edge does not read as a proven one. There are no hidden weights, and the formula is printed on your own page.

Yes, with two separate boards: one ranked by returns and one ranked by Forecast Score, because the biggest winner and the best forecaster are different questions. Display names only — email is never published.

One payment, once. There is no subscription, no renewal and nothing to cancel. A funded account never pays a fee.

Yes, for a reset fee that is listed on every plan card. A reset returns the account to its starting balance and starting rules; it carries over neither profit nor the breach. Paid resets are limited to 2 per trader for the lifetime of the account — after that you can still start a new evaluation at full price. See the reset fees.

Evaluation and reset fees are non-refundable except where our published rules or applicable law say otherwise — the full wording is in the terms. What we will not do is take a fee for an evaluation and then move the goalposts on the rules you bought. See the terms.

Yes, up to 3 at once. Each evaluation is its own account with its own rules and its own balance, and they are assessed independently. Only accounts that still carry liability count toward the limit (active, passed, payout_eligible), so a breached or closed one frees its slot.

Support is on the site, and the community Discord is where most day-to-day questions get answered fastest. Contact support.