Apex Trader Funding sells futures evaluations in four sizes, $25K to $150K, with an EOD or Intraday trailing drawdown. Pass, pay the activation fee, and you trade a simulated Performance Account that pays 100% of each approved payout, up to six payouts per account. Apex reports $882.09M paid to traders since 2022.
The file
Apex Trader Funding
Futures prop firm · Austin, Texas · Evaluations from $25K to $150K
Every figure from an Apex page listed in Sources
- Payout split
- 100%
- Minimum
- $500
- First request
- After 5 qualifying days
- Per account
- 6, then it closes
- Timing
- 5 to 11 business days
- Sizes
- $25K to $150K
- Drawdown
- EOD or Intraday
- Evaluation
- 30 days, no minimum
- Funded at once
- Up to 20
- Activation
- Within 7 days of passing
- Headquarters
- Austin, Texas
- Traders in
- 100+ countries
- Restricted
- 87 countries
- Account type
- Simulated
- Platforms
- Rithmic, Tradovate, WealthCharts
What Apex costs
On a Standard account you pay twice: the evaluation when you buy it, then a one-time activation fee once you pass. Intraday costs less on both counts, with a lower evaluation price and an activation fee of $89 to $149, against $109 to $159 on EOD.
Standard accounts
List prices on Apex, 6 October 2026.
| Account | Intraday evaluation | Intraday activation | EOD evaluation | EOD activation |
|---|---|---|---|---|
| $25,000 | $167 | $89 | $490 | $109 |
| $50,000 | $249 | $99 | $590 | $129 |
| $100,000 | $790 | $129 | $1,190 | $129 |
| $150,000 | $1,190 | $149 | $2,190 | $159 |
One-time fees, no monthly subscription and no reset fees: a failed evaluation is replaced by buying a new one. No Activation Fee accounts cost more up front and skip the second fee; the full comparison is in our Apex activation fee guide.
The four accounts
Drawdown and profit target are identical on EOD and Intraday. The difference is when the drawdown moves: once a day from your close on EOD, in real time with your peak balance on Intraday. Our EOD vs Intraday guide covers it with a simulator.
Evaluation and Performance Account limits
Same figures on both drawdown models.
| Account | Max drawdown | Profit target | Eval contracts | PA max contracts | EOD eval DLL |
|---|---|---|---|---|---|
| $25,000 | $1,000 | $1,500 | 4 | 2 | $500 |
| $50,000 | $2,000 | $3,000 | 6 | 4 | $1,000 |
| $100,000 | $3,000 | $6,000 | 8 | 6 | $1,500 |
| $150,000 | $4,000 | $9,000 | 12 | 10 | $2,000 |
Contracts are mini-equivalents. Performance Accounts start lower (1, 2, 3 or 4 contracts) and scale up with profit. Intraday evaluations have no Daily Loss Limit; Performance Accounts on both models have one, tiered with the scaling level.
How Apex payouts work
Four conditions stand between a funded account and a payout. Apex publishes every one of them, by account size.
- 01Activate within 7 daysPay the activation fee within 7 calendar days of passing to open the Performance Account.
- 02Clear the Safety NetOnly profit above the Safety Net can be withdrawn, and your balance must sit at least $500 above it.
- 03Log 5 qualifying daysDays that reach the minimum daily profit for your size. They need not be consecutive.
- 04Stay under 50%No single day may reach 50% of the profit made since your last approved payout.
Safety Net and qualifying days
Safety Net: drawdown limit plus $100, from the starting balance. Min day: the profit that makes a qualifying day.
| Account | Safety Net | Balance to request | Min day, EOD | Min day, Intraday |
|---|---|---|---|---|
| $25,000 | $26,100 | $26,600 | $100 | $100 |
| $50,000 | $52,100 | $52,600 | $250 | $200 |
| $100,000 | $103,100 | $103,600 | $300 | $250 |
| $150,000 | $154,100 | $154,600 | $350 | $300 |
Balance to request is the Safety Net plus the $500 minimum payout. The Safety Net must hold for the life of the account, and you can keep trading while a request is under review: if the balance drops below the minimum, Apex denies the request automatically.
“After 6 payouts, the PA is closed, and you will be able to obtain another PA by qualifying for another evaluation.”EOD Payouts and Intraday Trailing Drawdown Payouts, updated 28 April 2026
Maximum per payout
Six payouts per Performance Account, each capped. The totals are the most one account can pay out.
| Payout | $25K | $50K | $100K | $150K |
|---|---|---|---|---|
| Payout 1 | $1,000 | $1,500 | $2,000 | $2,500 |
| Payout 2 | $1,000 | $1,500 | $2,500 | $3,000 |
| Payout 3 | $1,000 | $2,000 | $2,500 | $3,000 |
| Payout 4 | $1,000 | $2,500 | $3,000 | $3,000 |
| Payout 5 | $1,000 | $2,500 | $4,000 | $4,000 |
| Payout 6 | $1,000 | $3,000 | $4,000 | $5,000 |
| Total | $6,000 | $13,000 | $18,000 | $20,500 |
| Payout | $25K | $50K | $100K | $150K |
|---|---|---|---|---|
| Payout 1 | $1,000 | $1,500 | $2,000 | $2,500 |
| Payout 2 | $1,000 | $2,000 | $2,500 | $3,000 |
| Payout 3 | $1,000 | $2,500 | $3,000 | $3,000 |
| Payout 4 | $1,000 | $2,500 | $3,000 | $4,000 |
| Payout 5 | $1,000 | $3,000 | $4,000 | $4,000 |
| Payout 6 | $1,000 | $3,000 | $4,000 | $5,000 |
| Total | $6,000 | $14,500 | $18,500 | $21,500 |
Per-payout caps from Apex's EOD and Intraday payout articles. Account totals are our sum of the six caps; Apex does not print them.
From request to bank
Apex's own timeline. US traders are paid by ACH direct deposit, international traders through Plane.
- ReviewUp to 2business days
- Sent3 to 4business days
- Bank3 to 7business days
- Most traders5 to 11business days in total
What our payout archive shows
Since August 2025 we have logged 247 Apex payouts posted by traders on Reddit and X, each checked against its proof. It is a sample of what traders chose to share, not Apex data, but it is a useful check on the official timeline.
Archive of 247 payouts, methodology v2.1. The archive starts in August 2025, so part of it covers Legacy accounts sold before March 2026 under earlier rules. See the full live payout feed and our methodology.
Our read
- No profit split. Every approved payout is paid at 100%, from the first one.
- Rules you can plan around. Caps, Safety Net and qualifying days are all published per account size.
- A low entry ticket. A $50K Intraday account costs $249 plus a $99 activation, against a payout ceiling of $14,500.
- A hard ceiling. Six payouts, then the account closes: $6,000 at most on a $25K.
- The Safety Net comes first. On a $50K you need $52,600 before the first request.
- One big day blocks you. The 50% consistency rule holds the payout until other days catch up.
Rules that close accounts
Most failures come from the drawdown. These are the rules that close an account outright, whatever its balance.
No long and short at once
Holding both sides of the same or a correlated instrument is prohibited and leads to closure.
No VPN, no borrowed country
VPNs or proxies that disguise identity are banned, as is any payment method issued from a restricted country.
A stop on every trade
A pending or mental stop is required, and orders left open on both sides of the market are banned.
All positions must be closed before 4:59 PM ET. Apex restricts 87 countries, including Qatar and Sri Lanka; residents of a non-restricted country may still qualify. Full list on Apex's Restricted Countries page.
Frequently asked questions
Is Apex Trader Funding legit?
Apex is an established futures prop firm based in Austin, Texas. Its website reports $882.09 million paid to traders since 2022, and it holds a 4.2 rating from over 21,000 Trustpilot reviews.
Is an Apex Performance Account real money?
No. Apex describes the Performance Account as a simulated funded account. Approved payouts are paid to you by ACH in the US and through Plane internationally.
How much does Apex Trader Funding cost?
At list price, evaluations run from $167 (25K Intraday) to $2,190 (150K EOD). After passing, a Standard account adds a one-time activation fee: $89 to $149 on Intraday, $109 to $159 on EOD. No Activation Fee accounts start at $690 with nothing to pay later. Coupon codes lower the evaluation price.
Do Apex coupon codes apply to the activation fee?
Not as a rule. Coupon codes discount the evaluation, and the activation fee is paid in full unless Apex runs a limited-time promotion on it.
How long does an Apex payout take?
Apex reviews a request within 2 business days, sends funds within 3 to 4, and banks take 3 to 7. Most traders are paid within 5 to 11 business days in total.
What is the Apex Safety Net?
Your drawdown limit plus $100, counted from the starting balance: $52,100 on a 50K account. Only profit above it can be withdrawn, and the balance must be at least $500 above it to request.
How many payouts can I take from one account?
Six. Each payout is capped by account size, and after the sixth the Performance Account closes. The most one account can pay ranges from $6,000 on a 25K to $21,500 on a 150K Intraday.
How often can I request a payout?
After 5 qualifying trading days, which allows weekly payouts. A qualifying day reaches the minimum daily profit for your size, from $100 on a 25K to $350 on a 150K EOD.
What is the Apex 50% consistency rule?
At each payout request, no single trading day may account for 50% or more of the profit made since your last approved payout. The count resets after each payout.
Is there a minimum number of trading days on the evaluation?
No. You can pass in a single session. The evaluation must be passed within 30 calendar days of purchase, with no extensions and no resets.
Can I hedge on Apex?
No. Holding long and short positions at the same time on the same or a correlated instrument is prohibited on every account.
How many Apex accounts can I have?
Up to 20 active Performance Accounts, counted across everyone in the same household and connected accounts.
Every Apex guide
- Payout rules
- Payout proof
- Withdrawal methods
- Live Trading Program
- Copy trading and multiple accounts
Sources
- Apex homepage, payout countersRead 11 Oct 2026
- EOD PayoutsUpdated 28 Apr 2026
- Intraday Trailing Drawdown PayoutsUpdated 28 Apr 2026
- 50% Consistency RequirementUpdated 24 Apr 2026
- Payout Method InformationUpdated 14 Sep 2026
- EOD Performance AccountsUpdated 28 Apr 2026
- Intraday Trailing Drawdown Performance AccountsUpdated 21 May 2026
- EOD EvaluationsUpdated 5 Jun 2026
- Evaluation Plan Fees and Access ExplainedUpdated 25 Jun 2026
- PA Activation Process & Deadline ExplainedUpdated 15 Apr 2026
- Scaling Levels (PA) ExplainedUpdated 16 Apr 2026
- Daily Loss Limit ExplainedUpdated 15 Apr 2026
- How Many Paid/Funded Accounts Am I Allowed?Updated 15 Apr 2026
- Prohibited ActivitiesUpdated 31 Jul 2026
- Restricted CountriesUpdated 10 Sep 2026
- Choosing the Right PlatformUpdated 16 Apr 2026
- Futures Trading TimesUpdated 20 Apr 2026
- Apex pricing selector and homepageRead 23 Sep 2026
- Trustpilot, Apex Trader FundingRead 27 Sep 2026
TraderPayout is an independent research publication for funded traders, operated by Unicorn, Building No. 60, Al‑Jazeera Street No. 342, Zone 22, Doha, Qatar. Rules, fees and promotions are set by Apex Trader Funding and can change without notice. Figures on this page were read from Apex's help center and homepage on 27 September 2026 and prices from its selector on 23 September 2026; they are provided for information only. Apex Performance Accounts are simulated. Nothing here is financial, investment or legal advice. Futures trading carries a substantial risk of loss. Spotted an error? Email corrections@traderpayout.com.
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