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Rank #10 of 16 · reviewed September 2026

Apex Trader Funding review

Unbeatable for mass scaling (20 accounts), but the 6-payout lifetime cap is a treadmill

5.0
Visit Apex Trader Funding Code SAVENOW takes exactly 90% off any size evaluation, applied by Apex's own product picker with no shallower tier anywhere in the live config. Apex raised most list prices in late September 2026, so the same 90% now lands on higher numbers: a 50K EOD evaluation is $59 and a 150K Intraday is $119. The published expiry is now 13 October 2026, but treat it as soft: Apex has pushed the same code at the same depth out six times as each deadline lapsed, by anywhere from 5 to 16 days. New signups only, never valid on resets or on PA activation.

The verdict

This Apex Trader Funding review is based on the firm's current rulebook, payout policy and reputation record as of September 2026 — scored the same way we score all 16 firms we track.

Still unbeatable for one thing: mass scaling, up to 20 copied accounts at $178 all-in each for a 150K Intraday, or $309 for the standard 150K EOD path, $249 if you take the No-Activation-Fee EOD variant instead. But Apex 4.0's hard 6-payout lifetime cap with balance forfeiture converts it into a repeat-purchase treadmill (max ~$20,500 lifetime per 150K account), and its rule-churn history is the worst of the legit firms. For cap-farming at scale only; skip if you want one long-lived compounding account.

Trustpilot 4.2/5 (21K reviews) on the live homepage badge, down from ~4.3 as the review base grew from ~19,100; biggest firm ($100M+ paid) but documented legacy payout-denial pattern and serial retroactive rule changes; 4.0 automated payouts only ~6 months old

What's good

  • Cheap big-account entry ($178 all-in for a 150K Intraday at the current 90% promo)
  • No eval consistency rule, 0-1 min days
  • 100% payout split on Performance Accounts
  • 20-account copy-scaling, highest in the industry
  • Huge payout track record at volume

What's not

  • 6-payout lifetime cap: account self-destructs, balance forfeited (~$20.5K max on 150K)
  • History of unilateral retroactive rule changes
  • Mandatory bracket orders kill some discretionary styles
  • Trailing drawdown incl. unrealized peaks on intraday variant, and on the EOD variant the threshold only ever locks if you buy Rithmic or WealthCharts: a Tradovate EOD evaluation trails indefinitely

Who Apex Trader Funding is for

  • Funded veterans stacking multiple accounts or copy-trading across them.
  • Budget-first traders — one of the cheapest real paths to a funded account.
  • Size traders — scales to serious buying power across account tiers.

Not your profile? Take the 60-second quiz and get matched against all 16 firms instead.

Every Apex Trader Funding plan and size, side by side

Pulled from Apex Trader Funding's official pricing and rules pages, re-verified 2026-09-28. Drawdown column shows eval → funded when the type changes after passing (⚠ = it does).

PlanSizePriceResetTargetMin daysDrawdownConsistency (eval)PA feeBufferMin days to payoutMin withdrawalConsistency (funded)Payouts
EOD Evaluation25K$49promo ends 2026-10-13—$1,5000EOD—$90$1,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation50K$59promo ends 2026-10-13—$3,0000EOD—$90$2,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation100K$119promo ends 2026-10-13—$6,0000EOD—$90$3,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation150K$219promo ends 2026-10-13—$9,0000EOD—$90$4,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation No-Activation-Fee25K$109promo ends 2026-10-13—$1,5000EOD—$0$1,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation No-Activation-Fee50K$119promo ends 2026-10-13—$3,0000EOD—$0$2,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation No-Activation-Fee100K$159promo ends 2026-10-13—$6,0000EOD—$0$3,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
EOD Evaluation No-Activation-Fee150K$249promo ends 2026-10-13—$9,0000EOD—$0$4,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation25K$16.7promo ends 2026-10-13—$1,5000intraday—$59$1,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation50K$24.9promo ends 2026-10-13—$3,0000intraday—$59$2,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation100K$79promo ends 2026-10-13—$6,0000intraday—$59$3,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation150K$119promo ends 2026-10-13—$9,0000intraday—$59$4,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation No-Activation-Fee25K$69promo ends 2026-10-13—$1,5000intraday—$0$1,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation No-Activation-Fee50K$79.9promo ends 2026-10-13—$3,0000intraday—$0$2,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation No-Activation-Fee100K$99.9promo ends 2026-10-13—$6,0000intraday—$0$3,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed
Intraday Trailing Drawdown Evaluation No-Activation-Fee150K$189promo ends 2026-10-13—$9,0000intraday—$0$4,1005$50050%up to weekly, earliest after 5 qualifying trading days which need not be consecutive and have no deadline; maximum 6 approved payouts per PA, after which the PA is closed

EOD Evaluation: what changes when you pass

Read today from the live EOD Evaluation, EOD PA, EOD Payouts, EOD Drawdown and Daily Loss Limit pages. What changes when the 25K EOD Evaluation becomes a 25K EOD Performance Account: (1) Consistency goes from 'Not Applied' on the eval table to the 50% Consistency Requirement on the PA, where no single profitable trading day may account for 50% or more of total profit earned since the last approved payout; failing it only removes the payout request option, the account stays active. (2) Scaling goes from 'Not Applied' on the eval table to Tier Based on the PA. (3) Max Contracts DROP from 4 in the eval to 2 in the PA. (4) Daily Loss Limit: fixed at $500 for the whole eval and it does not increase as profits grow; on the PA it is tier based, $500 at Level 1, $500 at Level 2 and $1,250 at Level 3. (5) EOD Threshold stop point changes, and on the EVALUATION side it is PLATFORM DEPENDENT again as of today's read. The EOD Drawdown Explained page republishes a split under 'When EOD Drawdown Stops Trailing': under the heading 'Evaluations Rithmic and Wealthcharts' it says 'EOD Threshold stops trailing and becomes fixed when it reaches an amount equal to the Target Profit balance', and under the heading 'Evaluations Tradovate' it says 'EOD Drawdown trails indefinitely with the peak EOD account balance'. The page works that Rithmic and WealthCharts case only at 50K and publishes no worked stop figure at 25K, so no 25K eval stop level is recorded here. On a Tradovate 25K EOD Evaluation the threshold never locks at all. The PA side carries NO platform qualifier: it stops increasing once it reaches Starting Balance plus $100, that is $25,100, which occurs when the Highest EOD Balance reaches $26,100. (6) A Safety Net appears on the PA only: drawdown limit plus $100 = $26,100, which must be maintained for the lifetime of the PA, and only profit above it is eligible to be requested. (7) Payouts exist only on the PA: minimum 5 qualifying trading days each showing at least $100 net profit, days need not be consecutive and have no deadline, $500 minimum per request, minimum balance to request $26,600, maximum 6 payouts after which the PA is closed and a new evaluation must be passed, with a flat $1,000 cap on each of the six payouts at this size. (8) An Inactivity Rule applies to the PA only (the PA parameter table shows Inactivity Rule 'Yes' at every size; the Intraday PA page states the trigger as failing to record at least two $50 net profit days within 30 consecutive calendar days). (9) A one-time PA activation fee must be paid within 7 calendar days of the eval being marked Passed. (10) The 30-day access period applies to Evaluation accounts only; the PA has no time limit. (11) Up to 20 PAs may be held at once across all sizes, EOD and Intraday combined.

After payout: Read today on the EOD Drawdown Explained page: 'Once the EOD Threshold reaches Starting Balance + $100, it stops increasing.' For a 25K EOD PA that Threshold Stop Level is $25,100, reached when the Highest EOD Balance reaches $26,100 (Starting Balance plus Max Drawdown plus $100). Payouts do not change it. The platform split republished today sits under the two 'Evaluations' headings only; the 'Performance Accounts' heading publishes a single rule with no Rithmic, WealthCharts or Tradovate qualifier, so the PA threshold behaves the same on every platform. The EOD Payouts page states the Safety Net 'must be maintained for the lifetime of the Performance Account' and 'does not disappear after your first payout'.

A day counts toward payout eligibility at $100+ profit.

EOD Evaluation No-Activation-Fee: what changes when you pass

The No Activation Fee page states these evaluations follow the same rules, drawdown structure, access period and qualification process as standard Evaluations, and that the only difference is the PA activation price is set at $0 at checkout. So the same 25K EOD Performance Account is awarded and the same rules change on passing: (1) Consistency goes from 'Not Applied' on the eval table to the 50% Consistency Requirement on the PA, where no single profitable trading day may account for 50% or more of total profit earned since the last approved payout; failing it only removes the payout request option. (2) Scaling goes from 'Not Applied' to Tier Based. (3) Max Contracts DROP from 4 in the eval to 2 in the PA. (4) Daily Loss Limit: fixed at $500 for the whole eval; on the PA it is tier based, $500 at Level 1, $500 at Level 2 and $1,250 at Level 3. (5) EOD Threshold stop point changes, and because the drawdown structure is inherited from the standard EOD Evaluation, the EVALUATION side is PLATFORM DEPENDENT again as of today's read: the EOD Drawdown Explained page republishes 'Evaluations Rithmic and Wealthcharts / EOD Threshold stops trailing and becomes fixed when it reaches an amount equal to the Target Profit balance' and 'Evaluations Tradovate / EOD Drawdown trails indefinitely with the peak EOD account balance'. No worked stop figure is published at 25K, only at 50K, so none is recorded here. The PA side carries NO platform qualifier: it stops increasing at Starting Balance plus $100 = $25,100, which occurs when the Highest EOD Balance reaches $26,100. (6) A Safety Net appears on the PA only: $26,100, maintained for the lifetime of the PA, with only profit above it eligible to be requested. (7) Payouts exist only on the PA: minimum 5 qualifying trading days each showing at least $100 net profit, days need not be consecutive and have no deadline, $500 minimum per request, minimum balance to request $26,600, maximum 6 payouts after which the PA is closed, with a flat $1,000 cap on each of the six. (8) An Inactivity Rule applies to the PA only (Inactivity Rule 'Yes' at every size on the PA table; the Intraday PA page states the trigger as failing to record at least two $50 net profit days within 30 consecutive calendar days). (9) The standard 7 calendar day PA activation window still applies after the eval is marked Passed; the activation payment itself is $0. (10) The 30-day access period applies to Evaluation accounts only. (11) Up to 20 PAs may be held at once across all sizes, EOD and Intraday combined.

After payout: Identical to the standard 25K EOD PA, since the same PA is awarded. Read today on the EOD Drawdown Explained page: 'Once the EOD Threshold reaches Starting Balance + $100, it stops increasing.' The Threshold Stop Level is $25,100, reached when the Highest EOD Balance reaches $26,100. Payouts do not change it. The platform split republished today sits under the two 'Evaluations' headings only; the 'Performance Accounts' heading publishes a single rule with no platform qualifier. The EOD Payouts page states the Safety Net is maintained for the lifetime of the PA.

A day counts toward payout eligibility at $100+ profit.

Intraday Trailing Drawdown Evaluation: what changes when you pass

Read today from the live Intraday Evaluation, Intraday PA, Intraday Payouts and Daily Loss Limit pages. What changes when the 25K Intraday Trailing Drawdown Evaluation becomes a 25K Intraday Performance Account: (1) A Daily Loss Limit APPEARS. The eval page states outright that the Intraday Evaluation does not have a Daily Loss Limit and that risk control is enforced entirely through the real-time trailing threshold; the PA table shows DLL Tier Based 'Yes' and the DLL page gives the 25K PA ladder as $500 at Level 1, $500 at Level 2 and $1,250 at Level 3. (2) Consistency goes from 'Not Applied' on the eval table to the 50% Consistency requirement on the PA, where no single profitable trading day may account for 50% or more of total profit earned since the last approved payout; failing it only removes the payout request option. (3) Scaling goes from 'Not Applied' to Tier Based. (4) Max Contracts DROP from 4 in the eval to 2 in the PA. (5) The trailing threshold behaviour changes: in the eval the threshold follows Peak Balance and never moves down; in the PA the page states trailing stops once the Max Trailing Drawdown Amount plus $100 is reached. The EOD platform split republished today does NOT touch this product: it is published under the EOD headings only, and the Intraday pages carry no Rithmic, WealthCharts or Tradovate qualifier at either the eval or the PA stage. (6) A Safety Net appears on the PA only: drawdown limit plus $100 = $26,100, maintained for the lifetime of the PA, with only profit above it eligible to be requested. (7) Payouts exist only on the PA: minimum 5 qualifying trading days each showing at least $100 net profit, days need not be consecutive and have no deadline, $500 minimum per request, minimum balance to request $26,600, maximum 6 payouts after which the PA is closed, with a flat $1,000 cap on each of the six. (8) An Inactivity Rule applies to the PA only: the account is closed if you do not record at least two $50 net profit days within 30 consecutive calendar days. (9) A one-time PA activation fee must be paid within 7 calendar days of the eval being marked Passed. (10) The 30-day access period applies to the Evaluation only, and the page says extensions are not offered. (11) Up to 20 PAs may be held at once across all sizes, EOD and Intraday combined.

After payout: Read today on the Intraday PA page: 'Trailing stops once Max Trailing Drawdown Amount + $100 is reached', and the balance including unrealized PnL may never touch or fall below the Intraday Trailing Drawdown threshold or the PA is permanently closed. Payouts do not change the threshold. The Intraday Payouts page states the Safety Net is the drawdown limit plus $100, remains in place for the lifetime of the Performance Account, and does not disappear after the first payout.

A day counts toward payout eligibility at $100+ profit.

Intraday Trailing Drawdown Evaluation No-Activation-Fee: what changes when you pass

The No Activation Fee page states these evaluations follow the same rules, drawdown structure, access period and qualification process as standard Evaluations, and are available for both Intraday and EOD, with the PA activation price set at $0 at checkout. The same 25K Intraday Performance Account is awarded, so the same rules change on passing: (1) A Daily Loss Limit APPEARS. The Intraday eval has none by design; the PA table shows DLL Tier Based 'Yes' and the DLL page gives the 25K PA ladder as $500 at Level 1, $500 at Level 2 and $1,250 at Level 3. (2) Consistency goes from 'Not Applied' to the 50% Consistency requirement on the PA; failing it only removes the payout request option. (3) Scaling goes from 'Not Applied' to Tier Based. (4) Max Contracts DROP from 4 in the eval to 2 in the PA. (5) The trailing threshold behaviour changes: in the eval it follows Peak Balance and never moves down; in the PA trailing stops once the Max Trailing Drawdown Amount plus $100 is reached. The EOD platform split republished today does NOT touch this product: it is published under the EOD headings only, and the Intraday pages carry no platform qualifier at either stage. (6) A Safety Net appears on the PA only: $26,100, maintained for the lifetime of the PA. (7) Payouts exist only on the PA: minimum 5 qualifying trading days each showing at least $100 net profit, days need not be consecutive and have no deadline, $500 minimum per request, minimum balance to request $26,600, maximum 6 payouts after which the PA is closed, with a flat $1,000 cap on each of the six. (8) An Inactivity Rule applies to the PA only: closure if you do not record at least two $50 net profit days within 30 consecutive calendar days. (9) The standard 7 calendar day PA activation window still applies; the activation payment itself is $0. (10) The 30-day access period applies to the Evaluation only. (11) Up to 20 PAs may be held at once across all sizes, EOD and Intraday combined.

After payout: Identical to the standard 25K Intraday PA, since the same PA is awarded. Read today on the Intraday PA page: 'Trailing stops once Max Trailing Drawdown Amount + $100 is reached', and the balance including unrealized PnL may never touch or fall below the threshold. Payouts do not change it, and the Intraday Payouts page states the Safety Net remains in place for the lifetime of the PA and does not disappear after the first payout.

A day counts toward payout eligibility at $100+ profit.

The rules that matter

Eval cost
One-time payment per evaluation (2026 OTP model): no monthly billing, nothing renews. Intraday list $167/$249/$790/$1,190 and EOD list $490/$590/$1,190/$2,190 by size (25K/50K/100K/150K), identical in PRICE across Rithmic, Tradovate and WealthCharts (Apex raised 10 of its 16 single-eval list prices on or about 2026-09-28, roughly doubling the 100K and 150K Intraday), but not identical in RULES: on 2026-09-22 the EOD Drawdown Explained page republished a platform split under which Rithmic and WealthCharts EOD evaluations stop trailing and fix the threshold at the Target Profit balance (worked at a $53,000 stop on a 50K once the Highest EOD Balance closes above $55,000) while Tradovate EOD evaluations trail indefinitely with the peak EOD account balance. The site code takes exactly 90% off those figures, and it carries a published expiry of 2026-10-13 23:59 ET rather than running evergreen. Treat that date as soft, and do NOT assume a cadence: the deadline has now lapsed and been pushed out six times with the same code at the same depth (2026-08-25, 2026-09-01, 2026-09-08, 2026-09-22, 2026-09-27, now 2026-10-13), and the rolls have added 7, 7, 7, 14, 5 and then 16 days, so this is a rolling extension of unpredictable length. Apex also sells most SKUs as discounted 5-Pack bundles, roughly 13% off the per-account list before the code is applied. A parallel No-Activation-Fee version of all eight single evals is sold with $0 PA activation: Intraday $690/$799/$999/$1,890 and EOD $1,090/$1,190/$1,590/$2,490 list. Apex's help centre confirms these follow the same rules, drawdown structure, access period and qualification process as the standard evals, and the product config is identical on every parameter except price. At the 90% promo the No-Act route is cheaper all-in at every EOD size and at 25K, 50K and 100K Intraday, and dearer only at 150K Intraday ($189 vs $178).
Activation fee
One-time and non-renewing: Intraday PA $59 at every size; EOD PA $90 at every size and on every platform (cut from $119/$139/$149/$159 on or about 2026-09-28; the help centre still prints the old figures). Level 1 data is included. Discount codes never apply to activation. Apex also sells a parallel No-Activation-Fee variant of each eval at a higher list price with $0 PA activation.
Account sizes
25K, 50K, 100K, 150K
Max accounts
20
Drawdown
mixed
Consistency rule
None in eval; 50% checked at every payout when funded
Profit split
100% payout split on Performance Accounts, capped at 6 payouts before the PA closes. The old '100% of the first $25K then 90/10' terms are Legacy
Payouts
Up to weekly payouts. Minimum 5 qualifying trading days (non-consecutive OK, no deadline), where a day counts only if it clears a size-scaled floor ($100 on 25K; $200 on 50K Intraday; $250 on 50K EOD). Min $500 per request at every size. 50% consistency checked at each request. Balance must stay above the Safety Net (drawdown limit + $100). Maximum 6 payouts per Performance Account — after the 6th the PA is closed and you must pass a new evaluation.
Platforms
NinjaTrader, Tradovate, TradingView, WealthCharts, Rithmic platforms
Data feed
multiple (Rithmic/Tradovate); data included in evals
Typical discount
Code SAVENOW takes exactly 90% off any size evaluation, applied by Apex's own product picker with no shallower tier anywhere in the live config. Apex raised most list prices in late September 2026, so the same 90% now lands on higher numbers: a 50K EOD evaluation is $59 and a 150K Intraday is $119. The published expiry is now 13 October 2026, but treat it as soft: Apex has pushed the same code at the same depth out six times as each deadline lapsed, by anywhere from 5 to 16 days. New signups only, never valid on resets or on PA activation.

Apex Trader Funding FAQ

Is Apex Trader Funding legit?

Trustpilot 4.2/5 (21K reviews) on the live homepage badge, down from ~4.3 as the review base grew from ~19,100; biggest firm ($100M+ paid) but documented legacy payout-denial pattern and serial retroactive rule changes; 4.0 automated payouts only ~6 months old

What drawdown does Apex Trader Funding use?

Apex Trader Funding uses a mixed drawdown. Check the firm's current rules page for exact mechanics.

How do payouts work at Apex Trader Funding?

Up to weekly payouts. Minimum 5 qualifying trading days (non-consecutive OK, no deadline), where a day counts only if it clears a size-scaled floor ($100 on 25K; $200 on 50K Intraday; $250 on 50K EOD). Min $500 per request at every size. 50% consistency checked at each request. Balance must stay above the Safety Net (drawdown limit + $100). Maximum 6 payouts per Performance Account — after the 6th the PA is closed and you must pass a new evaluation.

Is there a Apex Trader Funding discount code?

Discounts of 30–90% are evergreen across the industry. Code SAVENOW takes exactly 90% off any size evaluation, applied by Apex's own product picker with no shallower tier anywhere in the live config. Apex raised most list prices in late September 2026, so the same 90% now lands on higher numbers: a 50K EOD evaluation is $59 and a 150K Intraday is $119. The published expiry is now 13 October 2026, but treat it as soft: Apex has pushed the same code at the same depth out six times as each deadline lapsed, by anywhere from 5 to 16 days. New signups only, never valid on resets or on PA activation. Never pay list price.

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Apex Trader Funding discounts and next steps

Nikita · Funded futures trader — live accounts and real payouts across multiple firms. Research updated September 2026; rules and pricing change — always confirm at checkout. How we score →