Apex Trader Funding

A 100% profit split, and a drawdown model you get to choose

FuturesSince 2021Austin, United States4 programmes listed on PropScoutingA plan with no daily loss limit

Apex Trader Funding is a US futures prop firm, operating since 2021, whose Performance Accounts pay a 100% profit split. Since Apex 4.0 in March 2026, every account size is a one-step evaluation with a one-time fee and a 30-day window, sold in two versions: end-of-day trailing drawdown, or a cheaper and stricter intraday trailing drawdown. Each is sold either with an activation fee to pay after passing or as a No Activation Fee evaluation. Positions must be closed before the daily close and the weekend. The prices listed are Apex's regular one-time fees; confirm the price for your platform at checkout.

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Data checked 8 Sept 2026

Evaluation prices and rules checked 21 Oct 2026

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Entry from: $167 upfront; + $89 activation fee after passing, $25K account
Account sizes: $25K–$150K; 4 sizes
Highest included split: 100%
Max loss: 4%; end-of-day trailing
Daily loss: 2%
Payouts: Weekly; min $500

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Overview

Key advantages

A 100% profit split on every Performance Account
Choice of EOD or intraday trailing drawdown per account size
One-time evaluation fee since Apex 4.0, with no recurring subscription while you evaluate
No consistency rule during the evaluation
Tradovate, NinjaTrader, TradingView, Quantower, Rithmic, Volumetrica and WealthCharts supported

Key disadvantages

Intraday-trailing variant is a genuinely hard drawdown model
30-day access window on the evaluation
50% consistency rule bites at the payout stage
No overnight or weekend holding
Standard evaluations charge an activation fee before the funded account opens

Our assessment

The 100% split is how Apex's Performance Accounts pay, not a promotion. What deserves more attention than the split is the drawdown choice: the intraday-trailing variant is materially harder than the EOD one, and it is easy to buy the cheaper option without pricing that in. Buy EOD unless you know exactly why you want intraday.

Suitable for

Futures day traders who want a 100% profit split
Traders who want to choose their own drawdown model
Traders running multiple accounts in parallel

Less suitable if

You need to hold positions overnight
One big day tends to carry your month
You want a long evaluation window rather than 30 days

Instruments

Forex

Futures

Indices

Commodities

Metals

Crypto

Stocks

Instrument lists change and individual symbols within a class can be excluded. Confirm the exact symbol you intend to trade on Apex's own instrument page before buying.

Leverage

Futures programmes do not quote leverage. Position size is bounded by the contract limit per account size instead, which is listed with each programme below.

Asset class	Max leverage	Applies to
Futures	Contract limits	Evaluations: 4 / 6 / 8 / 12 minis, or 40 / 60 / 80 / 120 micros, on the $25K / $50K / $100K / $150K

Contract limits scale with account size and are enforced by the platform rather than by margin.

Consistency

Caps how much of total profit one trading day may represent. Checked at the payout stage at most firms.

50% best-day capBreach delays the payout

The 50% consistency rule applies only at the Performance Account payout stage, not during the evaluation. No single day may exceed half of total profit when a payout is requested.

In plain terms. With a 50% cap, no single day may be worth more than 50% of your total profit, so you need at least 2 evenly sized winning days before a payout clears. On $10,000 of profit that means your best day cannot exceed $5,000. Breaching it delays your withdrawal rather than failing the account, so the fix is to keep trading until the distribution evens out.

Consistency cap by programme

Set per programme, not per firm. Read the row for the plan you intend to buy.

Evaluation - EOD trailing ($25K and $50K): 50% best-day cap
Evaluation - EOD trailing ($100K): 50% best-day cap
Evaluation - EOD trailing ($150K): 50% best-day cap
Evaluation - Intraday trailing ($25K and $50K): 50% best-day cap
Evaluation - Intraday trailing ($100K): 50% best-day cap
Evaluation - Intraday trailing ($150K): 50% best-day cap
Evaluation - EOD trailing (No Activation Fee, $25K and $50K): 50% best-day cap
Evaluation - EOD trailing (No Activation Fee, $100K): 50% best-day cap
Evaluation - EOD trailing (No Activation Fee, $150K): 50% best-day cap
Evaluation - Intraday trailing (No Activation Fee, $25K and $50K): 50% best-day cap
Evaluation - Intraday trailing (No Activation Fee, $100K): 50% best-day cap
Evaluation - Intraday trailing (No Activation Fee, $150K): 50% best-day cap

Trading rules

Limit	Evaluation - EOD trailing ($25K and $50K)	Evaluation - EOD trailing ($100K)	Evaluation - EOD trailing ($150K)	Evaluation - Intraday trailing ($25K and $50K)	Evaluation - Intraday trailing ($100K)	Evaluation - Intraday trailing ($150K)	Evaluation - EOD trailing (No Activation Fee, $25K and $50K)	Evaluation - EOD trailing (No Activation Fee, $100K)	Evaluation - EOD trailing (No Activation Fee, $150K)	Evaluation - Intraday trailing (No Activation Fee, $25K and $50K)	Evaluation - Intraday trailing (No Activation Fee, $100K)	Evaluation - Intraday trailing (No Activation Fee, $150K)
Daily loss limit	2%	1.5%	1.3%	None	None	None	2%	1.5%	1.3%	None	None	None
Maximum loss	4%	3%	2.7%	4%	3%	2.7%	4%	3%	2.7%	4%	3%	2.7%
Drawdown model	End-of-day trailing	End-of-day trailing	End-of-day trailing	Intraday trailing	Intraday trailing	Intraday trailing	End-of-day trailing	End-of-day trailing	End-of-day trailing	Intraday trailing	Intraday trailing	Intraday trailing
Minimum trading days	1	1	1	1	1	1	1	1	1	1	1	1
Maximum trading days	30 days	30 days	30 days	30 days	30 days	30 days	30 days	30 days	30 days	30 days	30 days	30 days

News trading

Allowed

News trading is allowed with no blackout around releases, but Apex prohibits gambling on news events.

EAs and algorithmic trading

Not allowed

Expert advisors and other fully automated trading are not allowed.

Weekend holding

Not allowed

Positions must be flat before the weekend close.

Overnight holding

Not allowed

Positions must be closed before the daily close window.

Copy trading

Restricted

Copy trading is allowed only between your own Apex accounts, for trades you place yourself. The exact rules depend on the account type.

Hedging

Not allowed

Hedging is not allowed: you may not hold opposite positions, whether in one account or across accounts.

Other restrictions worth knowing

Apex 4.0 (1 March 2026) replaced monthly subscriptions with one-time evaluation fees and 30-day access.
Every account size ships in two drawdown flavours, EOD trailing for more room and intraday for a lower fee, each sold with or without an activation fee.
Performance Accounts pay a 100% split, with at most six payouts per account.
Each payout is capped by account size and payout number, from $1,000 on the $25K to $5,000 for the sixth payout on the $150K.

Challenges

Evaluation - EOD trailing ($25K and $50K)

1-step

The post-4.0 default: the loss line is recalculated once at the close rather than following live equity, and a daily loss limit of $500 on the $25K and $1,000 on the $50K applies. It costs more up front than the intraday version and carries a higher activation fee.

Account	Price	Profit target	Max loss
$25K	$490+ $109 activation	$1,500	$1,000	Buy
$50K	$590+ $129 activation	$3,000	$2,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

Maximum loss

Drawdown model

The loss line moves up with your closed balance, recalculated once at the daily close.

End-of-day trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - EOD trailing ($100K)

1-step

The EOD evaluation at $100K: the loss line is recalculated once at the close rather than following live equity, with a $1,500 daily loss limit. It costs more up front than the intraday version and carries a higher activation fee.

Account	Price	Profit target	Max loss
$100K	$1,190+ $139 activation	$6,000	$3,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

1.5%

Maximum loss

Drawdown model

The loss line moves up with your closed balance, recalculated once at the daily close.

End-of-day trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - EOD trailing ($150K)

1-step

The EOD evaluation at $150K: the loss line is recalculated once at the close rather than following live equity, with a $2,000 daily loss limit. It costs more up front than the intraday version and carries a higher activation fee.

Account	Price	Profit target	Max loss
$150K	$2,190+ $159 activation	$9,000	$4,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

1.3%

Maximum loss

2.7%

Drawdown model

The loss line moves up with your closed balance, recalculated once at the daily close.

End-of-day trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - Intraday trailing ($25K and $50K)

1-stepNo daily loss limit

Cheaper, and harsher: the drawdown line follows live equity in real time, so unrealised profit pulls it up behind you. There is no daily loss limit.

Account	Price	Profit target	Max loss
$25K	$167+ $89 activation	$1,500	$1,000	Buy
$50K	$249+ $99 activation	$3,000	$2,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

None

Maximum loss

Drawdown model

The loss line follows live equity in real time, so unrealised profit pulls it up behind you.

Intraday trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - Intraday trailing ($100K)

1-stepNo daily loss limit

The intraday evaluation at $100K: cheaper than the EOD version, and harsher, because the drawdown line follows live equity in real time. There is no daily loss limit.

Account	Price	Profit target	Max loss
$100K	$790+ $129 activation	$6,000	$3,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

None

Maximum loss

Drawdown model

The loss line follows live equity in real time, so unrealised profit pulls it up behind you.

Intraday trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - Intraday trailing ($150K)

1-stepNo daily loss limit

The intraday evaluation at $150K: cheaper than the EOD version, and harsher, because the drawdown line follows live equity in real time. There is no daily loss limit.

Account	Price	Profit target	Max loss
$150K	$1,190+ $149 activation	$9,000	$4,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

None

Maximum loss

2.7%

Drawdown model

The loss line follows live equity in real time, so unrealised profit pulls it up behind you.

Intraday trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - EOD trailing (No Activation Fee, $25K and $50K)

1-step

The EOD evaluation without an activation fee: the same rules and 30-day window, and no payment to open the Performance Account after passing. The daily loss limit is $500 on the $25K and $1,000 on the $50K.

Account	Price	Profit target	Max loss
$25K	$1,090	$1,500	$1,000	Buy
$50K	$1,190	$3,000	$2,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

Maximum loss

Drawdown model

The loss line moves up with your closed balance, recalculated once at the daily close.

End-of-day trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - EOD trailing (No Activation Fee, $100K)

1-step

The $100K EOD evaluation without an activation fee: the same rules, including the $1,500 daily loss limit, and no payment to open the Performance Account after passing.

Account	Price	Profit target	Max loss
$100K	$1,590	$6,000	$3,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

1.5%

Maximum loss

Drawdown model

The loss line moves up with your closed balance, recalculated once at the daily close.

End-of-day trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - EOD trailing (No Activation Fee, $150K)

1-step

The $150K EOD evaluation without an activation fee: the same rules, including the $2,000 daily loss limit, and no payment to open the Performance Account after passing.

Account	Price	Profit target	Max loss
$150K	$2,490	$9,000	$4,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

1.3%

Maximum loss

2.7%

Drawdown model

The loss line moves up with your closed balance, recalculated once at the daily close.

End-of-day trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - Intraday trailing (No Activation Fee, $25K and $50K)

1-stepNo daily loss limit

The intraday evaluation without an activation fee: the same live-equity trailing drawdown and rules, with no daily loss limit, and no payment to open the Performance Account after passing.

Account	Price	Profit target	Max loss
$25K	$690	$1,500	$1,000	Buy
$50K	$490	$3,000	$2,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

None

Maximum loss

Drawdown model

The loss line follows live equity in real time, so unrealised profit pulls it up behind you.

Intraday trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - Intraday trailing (No Activation Fee, $100K)

1-stepNo daily loss limit

The $100K intraday evaluation without an activation fee: the same live-equity trailing drawdown and rules, with no daily loss limit, and no payment to open the Performance Account after passing.

Account	Price	Profit target	Max loss
$100K	$590	$6,000	$3,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

None

Maximum loss

Drawdown model

The loss line follows live equity in real time, so unrealised profit pulls it up behind you.

Intraday trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Evaluation - Intraday trailing (No Activation Fee, $150K)

1-stepNo daily loss limit

The $150K intraday evaluation without an activation fee: the same live-equity trailing drawdown and rules, with no daily loss limit, and no payment to open the Performance Account after passing.

Account	Price	Profit target	Max loss
$150K	$1,890	$9,000	$4,000	Buy

Challenge type

1-step · 1 phase

Profit target

Daily loss limit

None

Maximum loss

2.7%

Drawdown model

The loss line follows live equity in real time, so unrealised profit pulls it up behind you.

Intraday trailing

Max leverage

Contract limits

Profit split

100%

Payout frequency

Weekly, first payout after 5 qualifying winning days

Consistency cap

50%

Minimum trading days

Maximum trading days

30 days

Fee refunded

Scaling. Performance Account contract limits scale up as the balance grows.

Visit Apex

Payouts

Performance Accounts pay a 100% split. A payout needs five qualifying winning days, each with at least $100 / $250 / $300 / $350 of profit on a $25K / $50K / $100K / $150K EOD account, or $100 / $200 / $250 / $300 on an Intraday account. The minimum request is $500, and a Performance Account can receive at most six payouts.

Highest included split

100%

Fastest payout frequency

Weekly

First payout after

5 qualifying winning days

Minimum payout

$500

Payout methods

ACH (US bank), Plane (international)

Processing time

Requests are reviewed within two business days and dispatched three to four business days after approval. US ACH lands one to three business days after that; international payouts through Plane take longer depending on destination.

Published payout proof

Yes

Payout restrictions

The 50% consistency rule is applied at the payout stage, not during the evaluation.
Total time from request to funds in the account commonly runs five to eleven business days.
The safety net is $26,100 / $52,100 / $103,100 / $154,100 on the $25K / $50K / $100K / $150K account, and the minimum balance to request a payout is $26,600 / $52,600 / $103,600 / $154,600.
Maximum payout per request on EOD accounts, payouts 1 to 6: $1,000 each on the $25K; $1,500, $1,500, $2,000, $2,500, $2,500 and $3,000 on the $50K; $2,000, $2,500, $2,500, $3,000, $4,000 and $4,000 on the $100K; $2,500, $3,000, $3,000, $3,000, $4,000 and $5,000 on the $150K.
Maximum payout per request on Intraday accounts, payouts 1 to 6: $1,000 each on the $25K; $1,500, $2,000, $2,500, $2,500, $3,000 and $3,000 on the $50K; $2,000, $2,500, $3,000, $3,000, $4,000 and $4,000 on the $100K; $2,500, $3,000, $3,000, $4,000, $4,000 and $5,000 on the $150K.

Split and cadence by programme

Evaluation - EOD trailing ($25K and $50K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - EOD trailing ($100K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - EOD trailing ($150K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - Intraday trailing ($25K and $50K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - Intraday trailing ($100K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - Intraday trailing ($150K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - EOD trailing (No Activation Fee, $25K and $50K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - EOD trailing (No Activation Fee, $100K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - EOD trailing (No Activation Fee, $150K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - Intraday trailing (No Activation Fee, $25K and $50K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - Intraday trailing (No Activation Fee, $100K): 100% · Weekly first payout after 5 qualifying winning days
Evaluation - Intraday trailing (No Activation Fee, $150K): 100% · Weekly first payout after 5 qualifying winning days

Apex publishes a payout tracker on its own site. PropScouting has not independently verified it.

Restricted countries

No published country list

Apex applies a sanctions-based exclusion screen rather than publishing a short country list. Confirm eligibility for your country of residence before purchase - international payouts route through a third-party provider whose own coverage can differ from Apex's.

We do not reproduce a country list we could not verify. Where a firm publishes an exclusion list we print it in full; where it applies a compliance screen instead, the only reliable answer is the firm's own checkout.

Reviews

No reviews yet

No trader has reviewed Apex Trader Funding on PropScouting yet, and we do not seed reviews or import star ratings from other sites. Until real submissions arrive, the rules and prices above are what we can stand behind.

New reviews are temporarily paused while we introduce evidence verification.

Questions about Apex Trader Funding

Does Apex Trader Funding allow news trading?

Yes. News trading is allowed with no blackout around releases, but Apex prohibits gambling on news events.

Does Apex Trader Funding allow EAs and automated trading?

No. Expert advisors and other fully automated trading are not allowed.

Does Apex Trader Funding have a consistency rule?

The 50% consistency rule applies only at the Performance Account payout stage, not during the evaluation. No single day may exceed half of total profit when a payout is requested.

What is the Apex Trader Funding drawdown rule?

On the Evaluation - EOD trailing ($25K and $50K), the maximum loss is 4% of the starting balance and the daily loss limit is 2%. The drawdown model is end-of-day trailing: The loss line moves up with your closed balance, recalculated once at the daily close.

How much does Apex Trader Funding cost?

The cheapest published ticket we verified is $167 upfront on the Evaluation - Intraday trailing, plus an activation fee of $89 after passing on the $25K account, and accounts run from $25K to $150K. Activation fees on the other sizes and programmes run from $99 to $159, and programmes sold without an activation fee charge none. Prices in this sector change without notice, so treat this as the last verified reading rather than a live quote.

What is the Apex Trader Funding profit split?

Up to 100%. Performance Accounts pay a 100% split. A payout needs five qualifying winning days, each with at least $100 / $250 / $300 / $350 of profit on a $25K / $50K / $100K / $150K EOD account, or $100 / $200 / $250 / $300 on an Intraday account. The minimum request is $500, and a Performance Account can receive at most six payouts.

How often does Apex Trader Funding pay out?

The fastest cadence on any Apex programme is weekly. The minimum withdrawal is $500. Payout methods: ACH (US bank), Plane (international).

Can I hold Apex Trader Funding positions over the weekend?

No. Positions must be flat before the weekend close.

Which countries can trade with Apex Trader Funding?

How many Apex Trader Funding programmes does PropScouting list?

PropScouting currently lists four Apex Trader Funding programmes: Evaluation - EOD trailing, Evaluation - Intraday trailing, Evaluation - EOD trailing (No Activation Fee) and Evaluation - Intraday trailing (No Activation Fee), in account sizes from $25K to $150K.

Which platforms does Apex Trader Funding offer?

Apex Trader Funding offers Tradovate, NinjaTrader, TradingView, Quantower, Rithmic, Volumetrica and WealthCharts.

What is the maximum allocation at Apex Trader Funding?

Up to 20 active Performance Accounts per household, combined across EOD, Intraday and Legacy; evaluations are unlimited, and no dollar cap is published.