Apex Trader Funding
Est. 2021 · Austin, TX, USA · 1–3 business days payout · 4 platforms
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Claim OfferOur Verdict
Apex EOD remains the go-to when a promo is running — the 30-day time limit is the main new risk vs the old unlimited window. If your strategy consistently hits the profit target within 3–4 weeks, the math still works strongly in your favour. Avoid the Intraday product unless you run very tight stops and your trades rarely pull back significantly from their peak — the phantom drawdown makes it materially harder to survive.
Pros
- Best promo pricing — 80–90% off sales make the eval cost nearly trivial
- EOD trailing drawdown ignores intraday highs — no phantom stop-outs from unrealised gains
- No consistency rule during evaluation — trade freely without daily cap constraints
- 100% profit split on first $25K accelerates initial capital recovery
- Two drawdown products: choose EOD (safer) or Intraday (more aggressive) to match your style
- Up to 20 simultaneous accounts for scaling; no MAE or RR restrictions
Cons
- 30 calendar-day eval window — slow starters will fail on time, not drawdown
- 50% consistency rule on PA payouts (tightened from 30% pre-2026)
- Intraday trailing accounts suffer phantom drawdown from unrealised gains pulling back
- Monthly fee model: ongoing cost even during drawdown periods
- Full-price fees are uncompetitive — value entirely depends on catching a sale
- Contract limits reduce from eval to funded (e.g. 8→6 on 100K EOD)
About Apex Trader Funding
Apex Trader Funding overhauled their entire product line in March 2026, introducing separate EOD and Intraday trailing drawdown products. The EOD variant remains the trader-friendly option — your drawdown floor only moves at the 4:59 PM ET closing bell, ignoring intraday peaks entirely. The Intraday variant offers the same economics but tracks real-time equity highs, making it significantly harder to survive on volatile days. Both products now have a 30-day evaluation window and no consistency rule during the eval phase, but the funded PA applies a stricter 50% consistency rule on payouts.
Apex Trader Funding's Drawdown Explained
Apex now offers two drawdown structures: EOD Trailing and Intraday Trailing. EOD: your floor moves once per day at 4:59 PM ET, based on your closing balance. If you run up to $53,000 intraday but close at $51,500, only the $51,500 counts — intraday peaks are irrelevant. The floor locks at your starting balance once you're up by the drawdown amount. Intraday: the floor updates in real-time on every new equity high, including unrealised profits. A trade that peaks at +$600 before closing at +$100 still moves your floor by $600 — the 'phantom drawdown' effect that catches traders who scale into positions.
How the drawdown floor moves (50K example)
$50.0K
balance
$47.5K
floor
Day 1 Close
$51.0K
balance
$48.5K
floor
Day 2 Close
$52.3K
balance
$49.7K
floor
Day 3 Close
Drawdown floor only moves up at end of day. Intraday spikes don't affect it.
Account Options
| Account | Fee | Profit Target | Daily DD | Max DD | DD Type | Min Days | Split | |
|---|---|---|---|---|---|---|---|---|
| 50K EODBest value | $147/mo | 6% | 2% | 5% | EOD | None | 100% of first $25K | Start Eval |
| 100K EOD | $167/mo | 6% | 1.5% | 3% | EOD | None | 100% of first $25K | Start Eval |
| 150K EOD | $187/mo | 6% | 1.5% | 3% | EOD | None | 100% of first $25K | Start Eval |
| 50K Intraday | $157/mo | 6% | — | 5% | TRAILING | None | 100% of first $25K | Start Eval |
| 100K Intraday | $177/mo | 6% | — | 3% | TRAILING | None | 100% of first $25K | Start Eval |
| 150K Intraday | $197/mo | 6% | — | 3% | TRAILING | None | 100% of first $25K | Start Eval |
FluxEngine
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Frequently Asked Questions
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How Apex Compares
Full comparison →Traders who want to choose their funded account structure: Growth for steady earners, Select Flex for swing traders, Lightning for experienced traders who want to skip eval
From
$69/mo
Split
90/10
Trust
82
Beginner to intermediate futures traders who want a straightforward evaluation and broad platform choice
From
$165/mo
Split
80/20
Trust
80
UK and European futures traders who want a locally-based firm with a clean 90/10 split
From
$149/mo
Split
90/10
Trust
71
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Last updated: April 9, 2026
Trust Score
Generally reliable — minor concerns
Quick Stats
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