Apex Trader Funding rules explained (2026)
A complete breakdown of Apex Trader Funding's account rules — trailing drawdown type, consistency cap, payout requirements, and the Intraday vs EOD distinction that trips up most traders.
The most important choice: Intraday vs EOD
Apex is unusual in offering two completely different trailing drawdown mechanics on the same account size. Intraday accounts trail your highest unrealized equity — open trades move the floor tick by tick. EOD accounts only recalculate the floor at session close on your closed balance. This is not a small difference. A trader who spikes $4,000 on an open trade at 9 AM on an intraday account has raised their floor by $4,000 — even if they exit the trade flat later that morning.
EOD accounts give you more room to let trades breathe intraday. Intraday accounts penalize you for unrealized gains you later give back. Neither is better in all situations — it depends entirely on your trading style. Scalpers and position traders who hold through volatile moves often prefer EOD. Traders who cut losses quickly and rarely hold large unrealized swings may find intraday acceptable.
Trailing drawdown amounts by account size
The drawdown amount (distance from your peak equity to the floor) by Apex account size:
- $25K account: $2,500 maximum drawdown
- $50K account: $3,500 maximum drawdown
- $100K account: $5,500 maximum drawdown
- $150K account: $5,500 maximum drawdown
- $250K / $300K accounts: verify at Apex — larger accounts have different configurations
The floor locks $100 above your starting balance. On a $150K account, once your peak closed equity reaches $150,100, the floor freezes there permanently and never trails again.
No daily loss limit
Unlike Topstep, which has no daily loss limit on funded accounts, and unlike Tradeify, which also has none — Apex aligns with the industry on this point: no daily loss limit on funded accounts. The trailing drawdown floor is the only constraint. You can technically lose your entire available headroom in a single session and still be within the rules, as long as you don't touch the floor.
This sounds like more freedom, but it also means there's no automatic seatbelt. Sizing discipline is entirely on you.
The 50% consistency cap
Apex applies a 50% consistency rule: your single best trading day cannot account for more than 50% of your total net profit at payout time. A $3,000 best day requires at least $6,000 in total profit before a withdrawal clears. If your best day was a $5,000 session early in the funded account, you need $10,000 total before that day stops blocking your payout.
The fix is to keep subsequent sessions measured — not matching or exceeding the big day — until total profit has diluted the concentration. See the consistency rule explained for the full math.
Payout requirements
Apex requires a minimum of 10 trading days before requesting a payout on most accounts. The profit must be net of all commissions, and the consistency cap must be met. Payouts are processed on a regular schedule — verify current timing in your Apex dashboard, as it has changed historically.
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Track live — start free →Apex Trader Funding — FAQ
What is the trailing drawdown on Apex Trader Funding?
Apex offers two drawdown types: Intraday and End-of-Day (EOD). Intraday trailing follows your highest unrealized equity tick by tick — open trades move the floor in real time. EOD only recalculates the floor after the session closes on your closed balance. The drawdown amount is $2,500 on the $25K account, $3,500 on the $50K, and $5,500 on the $100K and $150K accounts.
Does Apex have a daily loss limit?
No. Apex Trader Funding funded accounts do not have a daily loss limit. The trailing drawdown is the sole constraint — there is no cap on how much you can lose in a single session, as long as you stay above the trailing floor.
What is the Apex consistency rule?
Apex funded accounts apply a 50% consistency cap. Your best single trading day cannot exceed 50% of your total net profit at the time you request a payout. A $2,000 best day requires at least $4,000 in total profit before a payout will clear.
Where does the Apex trailing drawdown floor lock?
The Apex trailing drawdown floor locks $100 above your starting balance. For a $150,000 account, the floor stops trailing once your equity reaches $150,100 and it locks there permanently. Before that point, every dollar of profit you give back moves the floor closer to your current balance.
How many trading days before an Apex payout?
Apex requires a minimum of 10 trading days before your first payout request on most account sizes. Always verify against Apex's current terms, as these requirements have changed in the past.
Can Apex accounts trade during news events?
Apex does not explicitly prohibit news trading, but their terms reserve the right to review accounts flagged for unusual activity around economic releases. Many traders choose to flatten positions 2 minutes before major releases to avoid slippage risk.
What account sizes does Apex Trader Funding offer?
Apex offers funded accounts at $25K, $50K, $100K, $150K, $200K, $250K, and $300K. Each size has a different drawdown amount and profit target during the evaluation stage.
Risk-tracking tool, not financial advice, not affiliated with Apex Trader Funding. Verify rules against Apex's current terms — rules change without notice.