Does Apex Trader Funding Have a Daily Loss Limit?

The Daily Loss Limit, shortened to DLL in Apex's own documentation, is a fixed dollar amount that caps how much an account can lose within a single trading session. It is not the same rule as the trailing drawdown or the End-of-Day Threshold, both of which track an account's total drawdown since it started, not a single day's losses.

The DLL is monitored in real time and counts both realized losses and unrealized losses on open positions. If the combined loss for the day reaches the assigned DLL, Apex automatically liquidates every open position at the prevailing market price and pauses trading for the rest of that session. Because liquidation happens at market price rather than at an exact stop, the final closing balance can land slightly above or below the DLL threshold depending on liquidity at that moment.

Critically, hitting the DLL does not fail or close the account. It only ends the trading day early. Trading resumes at the next session, based on Apex's reset schedule of 6 PM ET.

This is where the rule diverges the most, and where traders moving between account types most often get confused.

Intraday Drawdown Evaluation

Intraday evaluation accounts carry no Daily Loss Limit whatsoever, based on Apex's help center documentation. The rule to watch instead is the Intraday Trailing Drawdown, which moves with the account's peak balance in real time, including unrealized profit on open positions. That trailing threshold, not a daily cap, is the boundary that matters on this account type.

EOD Drawdown Evaluation

EOD evaluation accounts carry a fixed DLL that is set by account size and does not increase as the account grows during evaluation. The published figures are:

Figures cover the account sizes published on Apex's DLL help center page. For a full comparison of how the two evaluation types differ beyond this one rule, see Apex Trader Funding EOD vs Intraday.

Once an evaluation is passed and the account converts to a funded Performance Account, both the Intraday and EOD product lines pick up a DLL, and this time it scales. As account profit crosses specific thresholds, Apex assigns a higher tier level, which raises both the maximum position size and the Daily Loss Limit together. Tier levels are recalculated once per day, based on the account's closing balance from the prior session, not intraday.

One protection worth knowing: the DLL never drops below the account's original Level 1 amount, even if the balance falls back down after a losing stretch. It can step down to Level 1, but not below it. Full tier tables for each funded account size, based on Apex's published scaling structure:

25K Performance Account

50K Performance Account

100K Performance Account

150K Performance Account

Figures reflect the tier structure published on Apex's Daily Loss Limit and Scaling Levels help pages as of this writing. For the broader mechanics of how position size and profit unlock higher tiers, see Apex Trader Funding's scaling plan.

No, and this holds on both sides of the Legacy line. Apex's own Legacy Evaluation Rules documentation states there is no daily maximum drawdown on Legacy evaluation accounts. Legacy accounts instead work off a single max loss drawdown figure set below the starting balance, with nothing layered on top of it for single-day losses. This matches what we found when we covered Apex's Legacy Accounts relaunch: none of the six Legacy tiers list a daily drawdown limit, and none carry a scaling plan either.

The same holds once a Legacy account converts to a funded Legacy Performance Account. Apex's Legacy PA Trading Rules page lists five rules that apply to funded Legacy accounts: contract scaling, a 30% Negative P&L Rule (MAE), a 5:1 risk-reward ratio rule, a no-hedging rule, and a one-direction rule. A Daily Loss Limit is not among them. The closest rule in spirit is the 30% MAE rule, which Apex explicitly describes in its own documentation as a control on single-trade risk, not a daily loss limit, since it caps how far open unrealized P&L can move against the day's starting profit balance rather than capping total losses for the session.

The practical difference is real risk exposure, not just paperwork. On a Legacy or Intraday evaluation account with no DLL, a single bad session with no stop discipline can do far more damage than the same session would on an EOD account, where the DLL forces a pause once the daily cap is reached.