Apex Trader Funding: Rules, Pricing & Payout Terms (Verified)

Last verified: July 13, 2026 against Apex’s official help center. Apex replaced its entire product line on March 1, 2026 — full breakdown of what changed here. This profile covers the current products only.

Evaluations at a glance

One-time fee (no subscription, no rebill), 30-day expiry, no resets, no minimum trading days — a one-day pass is allowed. No consistency rule during the eval. Two drawdown types sold side by side: Intraday Trail and EOD Trail.

SizeProfit targetMax drawdownIntraday eval (list)EOD eval (list)Contracts
25K$1,500$1,000$199$3904 mini / 40 micro
50K$3,000$2,000$249$4906 mini / 60 micro
100K$6,000$3,000$399$7908 mini / 80 micro
150K$9,000$4,000$599$1,49012 mini / 120 micro

Apex runs near-constant coupon promotions of 80–90% off list prices (a code was active at 90% off when we last verified). EOD evals also carry a daily loss limit ($500–$2,000 by size) — hitting it pauses trading for the session but does not fail the account. Source.

The drawdown mechanics (read this twice)

Intraday Trail: trails your peak balance including unrealized P&L, tick by tick, enforced in real time. In Performance Accounts it stops trailing at starting balance + $100. On Rithmic/WealthCharts evals it stops at the profit-target balance; on Tradovate evals it never stops trailing. Source.

EOD Trail: recalculated once daily at 4:59:59 PM ET from the closing balance; still enforced in real time intraday, but unrealized spikes don’t ratchet it. Source.

Funded phase (Performance Account)

Sim-funded, not live capital. One-time activation fee ($59 flat for intraday accounts; $99–$159 by size for EOD; $0 on the pricier no-activation-fee eval variants). 100% payout split. Payouts: earliest after 5 qualifying profit days ($100–$350 minimum per day by size and type), $500 minimum payout, capped per payout ($1,000–$5,000 by size and payout number), gated by a 50% consistency rule and a lifetime safety net (drawdown + $100). Each PA closes permanently after 6 payouts — max lifetime extraction is roughly $6,000–$21,500 depending on size. Inactivity rule: fewer than two $50+ profit days in 30 days closes the PA. Source.

Key trading rules

  • Up to 20 Performance Accounts simultaneously
  • No automation of any kind — AI, algos, and automated systems forfeit the account
  • No hedging — directional trading only, no cross-account offsetting
  • Stop losses (real or mental) required; windfall-hunting bracket strategies prohibited
  • Flatten before market close daily; news trading allowed for normal strategies only
  • Platforms: Rithmic, Tradovate, WealthCharts (choice is permanent per account); CME futures + some EUREX

Full prohibited-conduct list: official page. Unverified items we’re still confirming: payout processing method/timing, two EOD five-pack prices.