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Apex Trader Funding

Est. 2021 · Austin, TX, USA · 1–3 business days payout · 4 platforms

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Our 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)
Best for:Futures traders with consistent daily P&L distribution who trade frequently enough to exploit the 100% split on first $25K. EOD accounts suit traders whose intraday equity swings widely before settling.

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

AccountFeeProfit TargetDaily DDMax DDDD TypeMin DaysSplit
50K EODBest value$147/mo6%2%5%EODNone100% of first $25KStart Eval
100K EOD$167/mo6%1.5%3%EODNone100% of first $25KStart Eval
150K EOD$187/mo6%1.5%3%EODNone100% of first $25KStart Eval
50K Intraday$157/mo6%5%TRAILINGNone100% of first $25KStart Eval
100K Intraday$177/mo6%3%TRAILINGNone100% of first $25KStart Eval
150K Intraday$197/mo6%3%TRAILINGNone100% of first $25KStart Eval

FluxEngine

What's your probability of passing Apex?

Account Size

50%
1%
1.5:1

Platforms & Instruments

Supported Platforms

NinjaTraderTradovateTradingViewRithmic

Tradeable Instruments

FuturesMicro Futures

Frequently Asked Questions

Does Apex have a consistency rule?
No — Apex does not enforce a consistency rule. Your best single day counts in full toward your profit target.
How fast are Apex's payouts?
Apex Trader Funding processes payouts in 1–3 business days. Payout schedule: Every 5 qualifying trading days.
Can I use a trade copier with Apex?
Trade copier rules vary by firm and can change. Always verify directly with Apex Trader Funding's support before using any automation or copy trading service, as violations can result in account termination.
How does Apex's drawdown actually work?
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.
What platforms does Apex support?
Apex Trader Funding supports: NinjaTrader, Tradovate, TradingView, Rithmic.

How Apex Compares

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Last updated: April 9, 2026

76/100

Trust Score

Generally reliable — minor concerns

Quick Stats

Founded2021
HeadquartersAustin, TX, USA
Payout Speed1–3 business days
Drawdown TypeEOD
Consistency RuleNo
Profit Split100% of first $25K
InstrumentsFutures, Micro Futures

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