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Select 2-3 firms to compare their rules, costs, and real talk.

Feature Apex Trader Funding
Up to 90% OFF evals
Eval Type 1-Step (Apex 4.0 - one-time fee, 30-day access)
Cheapest Eval $25K Intraday @ $199 one-time
$100K Eval Cost $399 one-time
Drawdown Type EOD Trailing (updates at close) OR Intraday Trailing (real-time). Choose at purchase.
Daily Loss Limit None
Min Trading Days 0
Consistency Rule 50% on PA payouts only. No single day > 50% of total profit since last payout.
Payout Split 100% (no revenue share). After $25K cumulative: 90/10.
Payout Frequency After 5 qualifying days + 8 total traded days. Max 2 payouts/month. Max 6 payouts per PA lifetime.
Reset Cost No resets under 4.0. Must purchase new eval.
Activation Fee $99 (EOD) / $79 (Intraday)
News Trading Allowed
Copy Trading Allowed
Automated Trading Not Allowed
Platforms Rithmic, Tradovate, NinjaTrader, TradingView, WealthCharts, Quantower, Sierra Chart, ATAS, Bookmap, MotiveWave
Watch Out For Automated trading/bots PROHIBITED. PA has $85-105/mo fee. Max 6 payouts then PA closes permanently. No resets under 4.0. 30-day eval window (fail or expire = buy new). Inactivity rule: 2 days with $50+ profit per 30 days or PA closes.
Best For Manual traders who want cheap evals with forgiving EOD drawdown. Great for running multiple accounts (up to 20 PAs). Best payout split in the industry.