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Apex Trader Funding vs Topstep

Side-by-side rules from each firm's official site. Apex Trader Funding: 11/21 verified, Topstep: 8/21 verified.

Quick answer

Best for
Futures traders who want no activation fee option
Price
Not verified
Key rule
$1,000 / $2,000 / $3,000 / $4,000; choose intraday trailing (real-time,…
Verdict
11/21 rules verified at source; watch: trailing/dynamic drawdown

Quick answer

Best for
Futures traders who want no activation fee option
Price
from $49
Key rule
$2,000 / $3,000 / $4,500 Maximum Loss Limit, trailing end-of-day balance,…
Verdict
8/21 rules verified at source; watch: trailing/dynamic drawdown
Rule-by-ruleApex Trader Funding reviewTopstep review

At a glance

Price
Not verified
Target
$1,500 / $3,000 / $6,000 / $9,000
Drawdown
$1,000 / $2,000 / $3,000 / $4,000; choose…
Split
100% of requested rewards in Sim…

11/21 rules verified from official sources

Read verified review

Topstep

Futures
Price
Standard: $49 / $99 / $199 per month;…
Target
$3,000 / $6,000 / $9,000
Drawdown
$2,000 / $3,000 / $4,500 Maximum Loss…
Split
Not verified

8/21 rules verified from official sources

Read verified review

Rule-by-rule

RuleApex Trader FundingTopstep
ProgramEvaluation (Intraday or EOD drawdown)Trading Combine
Account sizes25K, 50K, 100K, 150K ✓ Verified50K, 100K, 150K ✓ Verified
PriceNot verifiedStandard: $49 / $99 / $199 per month; No-Activation-Fee path: $95 / $149 / $229 per month ✓ Verified
Activation feeChoice of Standard (activation fee after passing) or No Activation Fee plans; one-time fees, no recurring billing (new products) ✓ Verified$149 per Express Funded Account on Standard path; $0 on No-Activation-Fee path ✓ Verified
Profit target$1,500 / $3,000 / $6,000 / $9,000 ✓ Verified$3,000 / $6,000 / $9,000 ✓ Verified
Daily loss limitEOD accounts: $500 / $1,000 / $1,500 / $2,000 daily loss limit; intraday accounts: none ✓ VerifiedOptional Daily Loss Limit $1,000 / $2,000 / $3,000 (chosen at checkout) ✓ Verified
Max drawdown$1,000 / $2,000 / $3,000 / $4,000; choose intraday trailing (real-time, follows peak balance) or end-of-day ✓ Verified$2,000 / $3,000 / $4,500 Maximum Loss Limit, trailing end-of-day balance, locks at starting balance ✓ Verified
Consistency ruleNot applied in evaluation ✓ VerifiedBest day must be ≤55% of total profit or the profit target rises ✓ Verified
Minimum trading daysNone; can pass in one day ✓ VerifiedAt least 2 days (cannot pass in one day) ✓ Verified
Time limit30 calendar days ✓ VerifiedNot verified
Profit split100% of requested rewards in Sim Funded (new products, post Mar 1 2026) ✓ VerifiedNot verified
Payout frequencyEvery 5 trading days ✓ VerifiedNot verified
Fee refundNot verifiedNot verified
PlatformsNot verifiedNot verified
Restricted countries~85 countries incl. China, Nigeria, Pakistan, Turkey, Vietnam, Russia, Ukraine, Saudi Arabia, South Africa, Kenya, Egypt (full list at source) ✓ VerifiedNot verified
News tradingNot verifiedNot verified
EAs / botsNot verifiedNot verified
Crypto pairsNot verifiedNot verified
Crypto leverageNot verifiedNot verified
Payout currencyNot verifiedNot verified
Crypto CFDs offeredNot verifiedNot verified
OwnershipNot verifiedNot verified

We don't pick a “winner”. The right firm depends on your style. Check drawdown type and consistency rules first; they end the most evaluations.

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