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Futures Checked 2026-10-13

Apex Trader Funding Review: Rules, Prices & Drawdown

By Jacob Walder · Rules checked at the source on 2026-10-13 · How we verify

11 of 21 rule fields verified on Apex Trader Funding's official site. Every number links to its source. Anything we couldn't confirm is marked “Not verified”.

What this means for you

Hit a dollar profit target (for example $3,000 on a 50K account) within 30 days. You can pass in a single day, and the evaluation has no consistency rule. Your loss limit trails your balance, either in real time or at the end of each day; you choose which when you buy.

Built only from rules we verified at the source. Most people who buy a test don't pass — see why.

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

Rule summary

Price
—
Profit target
$1,500 / $3,000 / $6,000 / $9,000
Daily loss limit
EOD accounts: $500 / $1,000 / $1,500 / $2,000 daily loss limit;…
Max drawdown
$1,000 / $2,000 / $3,000 / $4,000; choose intraday trailing…
Consistency rule
Not applied in evaluation
Profit split
100% of requested rewards in Sim Funded (new products, post Mar 1…
Payout frequency
Every 5 trading days

At a glance

Program: Evaluation (Intraday or EOD drawdown)

Visit Apex Trader Funding  (affiliate)

Rules explained →

Pros (from verified rules)

  • No activation fee option
  • End-of-day drawdown (not intraday)
  • Frequent payout schedule

Cons & caveats

  • Trailing/dynamic drawdown
  • Consistency rule applies
  • 10 rule fields not yet verified by us

All rules, with sources

Show / hide all 21 rules
ProgramEvaluation (Intraday or EOD drawdown)
What's this?

One-step: one target, then funded. Two-step: pass phase 1, then a usually smaller phase 2 target. Two-step tests are often cheaper with looser loss limits. Glossary →

Account sizesAccount sizes on offer.25K, 50K, 100K, 150K ✓ Verified
PriceWhat you pay for the test.Not verified
What's this?

What you pay to take the test. It's the firm's main revenue — most buyers never pass. Glossary →

Activation feeExtra fee after passing, before you trade funded.Choice of Standard (activation fee after passing) or No Activation Fee plans; one-time fees, no recurring billing (new products) ✓ Verified
What's this?

An extra one-time fee some futures firms charge after you pass, before your funded account goes live. Glossary →

Profit targetProfit you need to pass.$1,500 / $3,000 / $6,000 / $9,000 ✓ Verified
What's this?

How much profit you must make to pass a test phase. On a $100k account a 10% target means reaching $110,000. Glossary →

Daily loss limitLose more than this in one day and you fail.EOD accounts: $500 / $1,000 / $1,500 / $2,000 daily loss limit; intraday accounts: none ✓ Verified
What's this?

The most you may lose in one trading day. With a 5% limit on $100k, dropping $5,000 in a single day fails the test — even if you're up overall. Glossary →

Max drawdownTotal loss floor — break it once and the account ends.$1,000 / $2,000 / $3,000 / $4,000; choose intraday trailing (real-time, follows peak balance) or end-of-day ✓ Verified Strict on some plans
What's this?

The total loss floor — break it once and the account is gone. On $100k: STATIC 10% → floor stays $90,000 forever. END-OF-DAY trailing $3k → floor $97k; close a day at $102k → floor moves to $99k (intraday swings ignored). INTRADAY trailing $3k → an open trade up $2k lifts the floor to $99k immediately; if it falls back to break-even you're $1k from failing. Glossary →

Consistency ruleCaps how much profit can come from one day.Not applied in evaluation ✓ Verified Easy
What's this?

Limits how much of your total profit can come from one day. With 40%: if you've made $5,000, your best day can be at most $2,000. Stops 'one lucky day' passes. Glossary →

Minimum trading daysFewest trading days before you can pass/get paid.None; can pass in one day ✓ Verified Easy
What's this?

The fewest days you must place trades before you can pass or get paid, even if you hit the target on day one. Glossary →

Time limitHow long you have to pass.30 calendar days ✓ Verified Strict
What's this?

How long you have to hit the target. 'Unlimited' means no deadline (some firms still require a trade every 30–60 days). Glossary →

Profit splitYour share of funded profits.100% of requested rewards in Sim Funded (new products, post Mar 1 2026) ✓ Verified
What's this?

Your share of profits on a funded account. 80% split on $1,000 profit = you receive $800. Glossary →

Payout frequencyHow often you can withdraw.Every 5 trading days ✓ Verified
What's this?

How often you can withdraw profits — e.g. on demand, weekly, every 14 days. Glossary →

Fee refundWhether your fee comes back.Not verified
What's this?

Some firms return your test fee with your first (or a later) payout if you pass. Glossary →

PlatformsSoftware you trade on.Not verified
Restricted countriesWhere they won't sell to.~85 countries incl. China, Nigeria, Pakistan, Turkey, Vietnam, Russia, Ukraine, Saudi Arabia, South Africa, Kenya, Egypt (full list at source) ✓ Verified
News tradingCan you trade big news events?Not verified
What's this?

Whether you can trade around big scheduled announcements (e.g. US jobs data, Fed decisions). Some firms ban trades a few minutes before/after. Glossary →

EAs / botsAre trading bots allowed?Not verified
What's this?

Expert Advisors — automated trading programs. Some firms allow them, some ban them or certain types (e.g. copy-trading, HFT). Glossary →

Crypto pairsCrypto markets available.Not verified
Crypto leverageHow big a position you can open.Not verified
What's this?

How large a position you can open relative to your account. 1:100 means $1,000 of margin controls $100,000. Higher leverage = faster gains and faster rule breaches. Glossary →

Payout currencyWhat you're paid in.Not verified
Crypto CFDs offeredWhether crypto is tradable as CFDs.Not verified
OwnershipWho owns the firm.Not verified

Our verdict

Apex Trader Funding (Evaluation (Intraday or EOD drawdown)) — we verified 11 of 21 rule fields on the firm's official site on 2026-10-13. Key strengths in the verified rules: no activation fee option, end-of-day drawdown (not intraday), frequent payout schedule. Watch out for: trailing/dynamic drawdown, consistency rule applies. Read the full rules at the source links before buying.

Pros/cons are generated only from the verified rules above — not from opinion or affiliate status.

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