Apex Trader Funding vs TradeDay

Compare funding rules, pricing, features, and ratings

Apex Trader Funding
Apex Trader Funding
TradeDay
TradeDay
Apex Trader Funding

Apex Trader Funding

4.4

Company Info

Established2021
CEODarrell Martin
Country
United States
Customer Rating
4.4

Pricing

Discount Code
LUMI (Up to 90% off)

Features

Allows Scaling✓ Yes
Daily Payouts✗ No
1-Day Pass✓ Yes
KYC RequiredYes
VPN Allowed✓ Yes
Bots/EAs Allowed✗ No

Trading

InstrumentsFutures
Evaluation Types1-step
Platforms
NinjaTrader, TradingView, Tradovate +4 more
Max Funding$3.0M
Profit Split100%
Max Accounts20

Trading Rules

News Trading✓ Allowed
Scalping✓ Allowed
Hedging✗ Not allowed
Copy Trading✓ Allowed

Payouts

Payout FrequencyEvery 5 trading days
Min Payout$500
Payout MethodsACH Transfer, Plane, Wire Transfer
Details
TradeDay

TradeDay

4.6

Company Info

Established2020
CEOJames Thorpe
Country
United States
Customer Rating
4.6

Pricing

Discount Code
LUMI (Up to 30% off)

Features

Allows Scaling✓ Yes
Daily Payouts✓ Yes
1-Day Pass✗ No
KYC RequiredYes
VPN Allowed✗ No
Bots/EAs Allowed✗ No

Trading

InstrumentsFutures
Evaluation Types1-step
Platforms
NinjaTrader, Tradovate, TradingView +4 more
Max Funding$0.1M
Profit Split80%
Max Accounts6

Trading Rules

News Trading✗ Not allowed
Scalping✓ Allowed
Hedging✗ Not allowed
Copy Trading✓ Allowed

Payouts

Payout FrequencyOn-demand when eligible
Min Payout$250
Payout MethodsBank Transfer, Crypto
Details

Apex Trader Funding vs TradeDay: Full Comparison

Apex Trader Funding, founded in 2021 and based in United States, and TradeDay, founded in 2020 and based in United States, are both popular choices among futures prop traders. Apex Trader Funding offers up to $3,000,000 in funding across 20 accounts, while TradeDay provides up to $150,000 across 6 accounts. Both firms support NinjaTrader, TradingView, Tradovate and 1 more platforms.

FeatureApex Trader FundingTradeDay
Profit Split100%80%
Trustpilot4.4/54.6/5
Max Funding$3,000,000$150,000
Starting Price$199$125
Largest Account$150,000$150,000
Payout FrequencyEvery 5 trading daysOn-demand when eligible
Evaluation Type1-step1-step
Platforms77
Discount90% off30% off

Where Apex Trader Funding Wins

  • +Higher profit split (100% vs 80%)
  • +Higher max funding ($3,000,000 vs $150,000)
  • +More allowed accounts (20 vs 6)
  • +One-day pass available
  • +Fewer minimum trading days (1 vs 5)
  • +Bigger current discount (90% vs 30%)

Where TradeDay Wins

  • +Higher Trustpilot rating (4.6 vs 4.4)
  • +Lower starting price ($125 vs $199)
  • +Offers daily payouts
  • +Longer track record (since 2020)

Frequently Asked Questions

What is the main difference between Apex Trader Funding and TradeDay?

Apex Trader Funding offers a 100% profit split with 1-step evaluation, while TradeDay offers 80% with 1-step evaluation. Apex Trader Funding supports 7 trading platforms and TradeDay supports 7. Apex Trader Funding has a Trustpilot rating of 4.4/5 compared to TradeDay's 4.6/5.

Which is cheaper, Apex Trader Funding or TradeDay?

TradeDay has the lower starting price at $125 for a $25,000 account, compared to Apex Trader Funding at $199. Both firms offer discounts — Apex Trader Funding at 90% off and TradeDay at 30% off.

Which has better payout terms, Apex Trader Funding or TradeDay?

Apex Trader Funding pays out every 5 trading days with a minimum of $500, while TradeDay pays out on-demand when eligible with a minimum of $250. Apex Trader Funding requires 5 trading days for the first payout and TradeDay requires 0 days.

Can I use trading bots with Apex Trader Funding and TradeDay?

Apex Trader Funding does not allow trading bots globally, while TradeDay does not allow them. For VPN usage, Apex Trader Funding permits VPN and TradeDay restricts VPN usage.