Apex Trader Funding Review (2026): Rules, Drawdown, Payouts
Last checked: October 16, 2026 · Written by a trader who has traded Apex Trader Funding
Apex rebuilt its program on March 1, 2026 ("Apex 4.0"): one-time evaluation fees instead of monthly billing, a choice of EOD or Intraday trailing drawdown, no evaluation consistency rule, and a 50% consistency rule on funded Performance Accounts (PAs).
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Account sizes
| Size | Price: Intraday Trail | Price: EOD Trail | Profit target | Max drawdown (EOD or Intraday) | Daily loss limit | Max contracts |
|---|---|---|---|---|---|---|
| $25K | $167 [VERIFIED] sale $16.70* | $490 [VERIFIED] sale $49* | $1,500 | $1,000 | EOD: $500 · Intraday: none | 4 mini / 40 micro |
| $50K | $249 [VERIFIED] sale $24.90* | $590 [VERIFIED] sale $59* | $3,000 | $2,000 | EOD: $1,000 · Intraday: none | 6 mini / 60 micro |
| $100K | $790 [VERIFIED] sale $79.00* | $1,190 [VERIFIED] sale $119* | $6,000 | $3,000 | EOD: $1,500 · Intraday: none | 8 mini / 80 micro |
| $150K | $1,190 [VERIFIED] sale $119.00* | $2,190 [VERIFIED] sale $219* | $9,000 | $4,000 | EOD: $2,000 · Intraday: none | 12 mini / 120 micro |
Rules and regular prices [VERIFIED] from Apex's official EOD and Intraday Evaluation help pages and its pricing configurator (Standard and No Activation Fee options), via Joe's screenshots, checked October 16, 2026. Regular price is the main price. *Deal (dated): weekend sale with coupon through Sun Oct 18, 2026 11:59 PM ET (90% off). Sale 5-packs: Intraday $37.48 / $47.50 / $172.50 / $495.00 (regular $374.80 / $475 / $1,725 / $4,950); EOD $112.50 / $122.50 / $247.50 / $995.00 (regular $1,125 / $1,225 / $2,475 / $9,950) for 25K / 50K / 100K / 150K. See the deals log.
Option 2: No Activation Fee (NAF) pricing
Same rules as Standard [VERIFIED]. Regular price shown; *sale price with coupon through Sun Oct 18, 2026 11:59 PM ET.
| Size | NAF Intraday Trail | NAF EOD Trail |
|---|---|---|
| $25K | $690 [VERIFIED] sale $69.00* | $1,090 [VERIFIED] sale $109* |
| $50K | $799 [VERIFIED] sale $79.90* | $1,190 [VERIFIED] sale $119* |
| $100K | $999 [VERIFIED] sale $99.90* | $1,590 [VERIFIED] sale $159* |
| $150K | $1,890 [VERIFIED] sale $189.00* | $2,490 [VERIFIED] sale $249* |
*Sale NAF 5-packs: Intraday $295 / $345 / $445 / $895 (regular $2,950 / $3,450 / $4,450 / $8,950) for 25K/50K/100K/150K; EOD $445 / $545 (regular $4,450 / $5,450) for 25K/50K. 100K and 150K EOD NAF are sold as single plans only (no 5-pack).
Performance Account (funded) payout caps [VERIFIED]
| Size | Intraday PA caps (payouts #1–6) | EOD PA caps (payouts #1–6) |
|---|---|---|
| $25K | $1,000 ×6 | $1,000 ×6 |
| $50K | $1,500 / 2,000 / 2,500 / 2,500 / 3,000 / 3,000 | $1,500 / 1,500 / 2,000 / 2,500 / 2,500 / 3,000 |
| $100K | $2,000 / 2,500 / 3,000 / 3,000 / 4,000 / 4,000 | $2,000 / 2,500 / 2,500 / 3,000 / 4,000 / 4,000 |
| $150K | $2,500 / 3,000 / 3,000 / 4,000 / 4,000 / 5,000 | $2,500 / 3,000 / 3,000 / 3,000 / 4,000 / 5,000 |
PA daily loss limit tiers [VERIFIED]
| Size | Tiers (DLL, contracts, PA profit) |
|---|---|
| $25K | $500 (1 ct, under $1k) · $500 (2 ct, $1–2k) · $1,250 (2 ct, $2k+) |
| $50K | $1,000 (2 ct, under $1.5k) · $1,000 (3 ct, $1.5–3k) · $2,000 (4 ct, $3–6k) · $3,000 (4 ct, $6k+) |
| $100K | $1,750 (3–5 ct, under $5k) · $2,500 (6 ct, $5–10k) · $3,500 (6 ct, $10k+) |
| $150K | $2,500 (4–7 ct, under $5k) · $3,000 (10 ct, $5–10k) · $4,000 (10 ct, $10k+) |
DLL resets 6 PM ET. Source: Apex help center PA & payout pages, checked Oct 16, 2026.
Key rules
| Drawdown type | [VERIFIED] Choose at purchase. EOD: drawdown calculated once per day at the close and enforced the next session; touching the threshold intraday liquidates/fails the account. Intraday trailing: trails peak balance in real time including unrealized gains, never moves down, enforced intraday. |
|---|---|
| Daily loss limit | [VERIFIED] EOD: $500 / $1,000 / $1,500 / $2,000. Intraday: none. |
| Profit target | [VERIFIED] $1,500 / $3,000 / $6,000 / $9,000 (both types). No minimum trading days; can pass in one day. |
| Consistency rule | [VERIFIED] Not applied in evaluation (both types). Funded PA: no single profitable day may be 50% or more of profit since last payout (official homepage). |
| Scaling | [VERIFIED] Not applied in evaluation. |
| Pricing & billing | [VERIFIED] Standard option: one-time fee, no rebill. Evaluation active 30 days, then expires. No resets (reset fee N/A). Scaling built in on the PA. A "No Activation Fee" option with identical rules is also sold (prices below) [VERIFIED]. |
| Access period | [VERIFIED] 30 days. |
| After passing | [VERIFIED] 7 calendar days to activate your Performance Account. |
| Hedging | [VERIFIED] No hedging across accounts (stated on the EOD page). |
| PA drawdown & contracts | [VERIFIED] PA max drawdown $1k/$2k/$3k/$4k; Intraday PA trailing stops at max DD + $100. PA max contracts 2/4/6/10, tiered with the PA daily loss limit (see below). |
| Payout rules | [VERIFIED] Every 5 trading days that meet the daily minimum (Intraday $100/$200/$250/$300; EOD $100/$250/$300/$350 for 25K/50K/100K/150K). 50% consistency, minimum payout $500, max 6 payouts per PA, 100% split. Safety net $26,100 / $52,100 / $103,100 / $154,100; minimum balance to request $26,600 / $52,600 / $103,600 / $154,600. |
Recent changes
- Monthly subscriptions replaced by one-time fees (official homepage); 30-day access period [VERIFIED]
- No resets on 4.0 evaluations [VERIFIED] (legacy accounts can still be reset, per official homepage)
- MAE rule and 5:1 risk-reward rule removed (official homepage)
- Choose EOD or Intraday trailing drawdown at purchase (official homepage)
- PA consistency is now 50% [VERIFIED]; legacy was 30% [UNVERIFIED]
- Payouts every 5 trading days, automated, "no payout denials" (official homepage)
- Up to 20 accounts (official homepage)
- Payouts capped; max 6 payouts per PA [VERIFIED]
- EOD and Intraday evaluations come in $25K/$50K/$100K/$150K only [VERIFIED]
- Legacy (pre-March 2026) accounts keep their old rules and recurring billing (official homepage)
Joe's take
"I've used Apex the most. It has the best pricing and gives you the cheapest way to practice trading."
— Joe
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