Apex Trader Funding: Complete Guide 2026

Apex Trader Funding significantly revised its offers in March 2026.
This update changes several important elements, so it makes sense to start again from a clear foundation.

Apex now highlights two new account models:
Intraday Trail and EOD Trail.
They redefine the current offer and change how Apex accounts should be compared.

In this guide, I break down the key changes you need to know so you can understand the new offer structure and choose the model that best fits your profile.

You’ll understand:

• the difference between Intraday Trail and EOD Trail accounts
• the difference between Rithmic, Tradovate, and WealthCharts providers
• the changes made to the rules, account structure, and selection logic

Intraday Trail: The Most Familiar Apex Model

Intraday Trail is the model that feels closest to the older Apex structure many traders already knew. Here, the trailing drawdown is tracked in real time: it follows the Peak Balance, never moves back down, and also takes unrealized gains into account.

In other words, the more your account grows, the more the threshold moves up with it. That is the key point that really changes how risk works on this model.

Real-time tracking

The trailing drawdown updates during the session and follows your account balance live at every moment.

Peak Balance included

The threshold is based on the highest balance your account reaches, not just the initial starting balance.

Unrealized gains included

Open profit is included in the calculation, so the threshold can rise before the trade is closed.

No DLL during evaluation

During the evaluation phase, the Intraday Trail model does not apply any Daily Loss Limit.

No minimum trading days

You can pass as soon as you hit the target, with no minimum trading days required.

PA activation within 7 days

Once you pass the evaluation, you have 7 calendar days to activate your Performance Account.

Intraday evaluation settings

The Intraday Trail evaluation lasts 30 days. You can pass as soon as you reach the target, as long as you stay within the rules.

How the intraday trailing drawdown works

The trailing threshold defines the lowest balance level your account can reach during the session. This threshold moves based on the highest level reached by the account, including floating profits. It never moves back down.

If the account hits or falls below that threshold at any point, positions are liquidated automatically and the evaluation fails immediately.

What to watch with Intraday Trail

• the threshold moves during the session
• it follows unrealized gains
• it never moves back down once it has moved up
• the real distance between your equity and the threshold must be monitored continuously

Intraday Trail still feels familiar to many former Apex users, but it requires a more precise read of your available room in real time.

Intraday Trail in a Performance Account

Once you move into a Performance Account, the same intraday drawdown logic still applies. The difference is that the PA adds a Daily Loss Limit, tier-based scaling, and specific payout conditions.

In PA, the trailing drawdown still works in real time and stops once the account reaches Max Trailing Drawdown + $100.

Payout rules for Intraday Trail

Intraday payouts can be requested as often as weekly, with a 100% payout split, a $500 minimum payout, 50% consistency, and a maximum of 6 payouts per PA.

The Safety Net is equal to the account drawdown + $100. Only profit above that level can be requested as a payout.

My take on Intraday Trail

Intraday Trail is the easiest format to connect with the old Apex structure. It makes sense for traders who already know how real-time trailing drawdown works.

That said, it requires tighter drawdown management during the session. You are not trading against a fixed threshold. You are trading against a moving threshold that can rise before your trade is actually secured.

Intraday Trail keeps a familiar Apex logic, but EOD Trail changes how risk is read. The drawdown no longer moves continuously during the session. It is recalculated at the close, then applied to the next trading day. That is what we will look at next.

EOD Trail: A Drawdown Recalculated at the Close

EOD Trail changes how drawdown is tracked at Apex. Here, there is no intraday trailing. The threshold is recalculated once per day at the close, based on the end-of-day balance, then stays active during the next session.

In other words, you are no longer trading against a threshold that keeps moving during the session. The allowed level is set in advance for the current trading day. That is what makes EOD Trail easier to read for many traders.

EOD Trail at a glance

No intraday trailing

The drawdown does not keep moving during the session like it does with Intraday Trail.

Recalculated at the close

The EOD threshold is recalculated once per day using the account balance at session close.

Fixed threshold for the day

Once calculated, the threshold stays fixed and remains active throughout the next trading session.

Fixed DLL during evaluation

In EOD evaluation, a Daily Loss Limit applies during the session as a second risk control.

No minimum trading days

You can pass as soon as you hit the target, with no minimum number of trading days.

PA activation within 7 days

After passing, you have 7 calendar days to activate your New Performance Account (PA).

EOD evaluation settings

The EOD Trail evaluation lasts 30 days. You can pass as soon as you reach the target, as long as you stay within the rules. Unlike Intraday Trail, the EOD evaluation also includes a fixed Daily Loss Limit during the session.

How the EOD drawdown works

The EOD Threshold defines the lowest balance your account can reach. This threshold is recalculated once per day at the close, based on the EOD balance. Once calculated, it becomes active for the next session. It follows the highest EOD level reached and never moves back down.

If the account touches or falls below this threshold during the session, positions are liquidated automatically. In evaluation, the account fails. In PA, the account is closed. Even though the threshold is calculated at the close, it is still applied in real time during the next session.

What to watch with EOD Trail

• the threshold is recalculated at the close, not during the session
• it follows the highest EOD balance, not intraday floating profits
• it never moves back down once it has moved up
• the Daily Loss Limit remains a second control level you still have to respect

EOD Trail gives you a more stable view of risk during the trading day, but you still need to understand that the threshold can keep rising over time if your account closes higher.

Intraday and vendors: an important point about EOD evaluation

There is one important detail about EOD evaluations. On Rithmic and WealthCharts, the threshold eventually stops moving once it reaches a level equal to the Target Profit balance. On Tradovate, however, the EOD drawdown continues to follow the peak EOD balance without a cap. This point should be repeated later in the vendor section, but it is important to keep it in mind here.

EOD Trail in a Performance Account

Once you move into a Performance Account, EOD keeps the same general logic: no intraday trailing, threshold recalculated at the close, then applied during the next session. The PA also adds an intraday DLL, tier-based scaling, and payout rules.

In EOD PA, the threshold stops moving once it reaches Starting Balance + $100. Example on a 50K account: it locks at $50,100 once the highest EOD balance reaches $52,100.

Payout rules for EOD Trail

EOD payouts can be requested as often as weekly, with a 100% payout split, a $500 minimum payout, 50% consistency, and a maximum of 6 payouts per PA.

The Safety Net is equal to the account drawdown + $100. Only profit above that level can be requested as a payout. The Min Balance to Request level already includes the starting balance, the safety net, and the $500 minimum.

My take on EOD Trail

EOD Trail is easier to read during the session because the main threshold does not keep moving in front of you. You know where your limit is for the day, which makes the framework clearer for many traders.

That said, the risk does not disappear. The threshold still changes from one close to the next, the DLL is still there, and the minimum daily profit for payouts becomes a bit higher than Intraday starting from the 50K account.

If Intraday Trail speaks more to long-time Apex users, EOD Trail often offers a cleaner view of risk for traders who want a more stable framework during the trading day.

Vendors and Platforms: The Second Real Choice at Apex

Once you have chosen the account type, the next step is to choose the VENDOR.

At this stage, the focus is no longer drawdown. It is about the platform, the tools, and your trading environment. At Apex, you must choose between three options.

All three vendors give you access to the account, but the trading experience is not the same. Behind that choice, the real difference comes down to environment, tools, and trading habits.

Now let’s look at what Rithmic, Tradovate, and WealthCharts actually change in day-to-day use.

Comparison Between Rithmic, Tradovate, and WealthCharts

Here is a simple summary of the three options so you can compare how each one works before choosing your vendor.

In practice, the right choice mostly depends on your usual setup, the tools you already use, and how much simplicity you want in your day-to-day trading.

Account Sizes: What You Need to Know

What Account Size Changes During Evaluation

Before choosing an account size, you need to look at what the balance really changes during the evaluation phase. It is not just about the capital shown on screen: the size also changes the profit target, the drawdown room, the number of contracts allowed, and in the case of EOD, the Daily Loss Limit.

In simple terms, the larger the account size, the higher the target, the drawdown, and the exposure capacity. EOD also adds a fixed Daily Loss Limit, which changes how risk has to be managed during the evaluation.

What Account Size Changes in a Performance Account

Once you pass the evaluation, account size continues to affect several important elements. It does not only change the capital shown on screen: it also affects the maximum drawdown allowed, the number of contracts available, and the real room you have to work with day to day.

In practice, the larger the account size, the more room you have to operate. But that extra room also comes with greater exposure capacity, which means risk can become harder to control if your execution is not disciplined.

What Account Size Changes for Payouts

Account size also changes the payout conditions. The larger the account, the higher the daily minimums, and the more demanding the balance threshold becomes before you can request a payout. This is something you should look at seriously before choosing a larger balance.

In other words, larger accounts offer more upside, but they also require more consistency to meet the payout conditions. Starting at 50K, EOD even becomes slightly more demanding than Intraday when it comes to the daily minimum profit requirement.

My Take on Account Sizes

You should not choose account size based only on the capital shown on screen. In practice, what really changes your trading experience is the drawdown, the number of contracts, and the payout conditions.

A larger account gives you more room, but it also requires more discipline to keep your execution clean. On the other hand, a smaller account can be easier to control, especially if you first want to prove your risk management before adding more size.

The most important thing is not choosing the biggest size possible. The right choice is the one that stays consistent with your level, your trading style, and your ability to follow the rules over time.

Apex Rules: What You Really Need to Keep in Mind

What You Need to Know During the Evaluation Phase

Before even looking at setups or payouts, you need to understand the core evaluation rules. These are the rules that determine how the account must be passed before moving into a Performance Account.

In simple terms, the evaluation does not require a minimum number of trading days. You can pass quickly, but only if you hit the profit target without breaking the drawdown logic of the model you chose.

What to Watch on the Risk Side

Once you understand the evaluation logic, the most important point is still risk management. This is where the difference between Intraday Trail and EOD Trail truly changes how the account is traded day to day.

In practice, Intraday Trail requires closer monitoring of the threshold during the session, while EOD Trail gives you a more stable view of risk throughout the trading day. In both cases, once the threshold moves up, it never comes back down.

What to Keep in Mind in a Performance Account and for Payouts

Once you are in a Performance Account, some rules stay close to the evaluation phase, but others become more important in daily trading. This is especially true for consistency, payout conditions, and the rules tied to active account management.

In simple terms, moving into a PA is not just about trading a funded account. You also have to respect a consistency framework, meet the required daily minimums for payouts, and keep the account active within a more structured set of rules.

Apex presents its program as a progression model. In its current structure, each PA account can go up to 6 payouts. A trader operating 20 accounts can therefore theoretically access 120 payouts in total.

Depending on the account sizes used, Apex states that this can represent more than $400,000 in potential payouts. This is a theoretical ceiling within the program structure, not a promise of results.

Apex Trader Funding: Key Points to Keep in Mind Before You Trade

After the account type, the vendor, the size, and the rules, there is one last level of reading: the key points to keep in mind when you actually trade. The goal here is not to repeat the whole guide, but to group the points that really matter in practice.

In simple terms, a good Apex account is not just about making the right choice at checkout. Your model, your vendor, your size, and your execution discipline also need to stay consistent with each other.

Choose Your Apex Trader Funding Account

If you want to take action, you can first check the official Apex Trader Funding page to view the Intraday Trail and EOD Trail accounts, then find our offers on our dedicated page.

Right now, the Intraday Trail offer gives you 85% Off – Eval Active for 30 Days and the EOD Trail offer gives you 85% Off – Eval Active for 30 Days. In both cases, use the code TRADINGSTRATEGY.

➦ View the Apex Trader Funding website

➦ View our Apex Trader Funding offers

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