Apex Trader Funding

EOD Evaluation

Drawdown is calculated once per day at market close from your end-of-day balance. That figure is then locked and enforced through the following session.

$25K - $50K - $100K - $150K

Profit Target: $1,500 - $3,000 - $6,000 - $9,000

Max Drawdown (EOD): $1,000 - $2,000 - $3,000 - $4,000

Daily Loss Limit: $500 - $1,000 - $1,500 - $2,000

Max Contracts: 4 - 6 - 8 - 12

Access Period: 30 days

Consistency: None

Scaling None: None

To pass: reach the profit target without ever touching the EOD threshold. No minimum trading days — a one-day pass is permitted.

Worth stating plainly, because it's the single most misread rule: an EOD drawdown does not mean intraday movement is ignored. The threshold level is recalculated at close, but during the next session your balance may never touch it. If it does, positions are liquidated and the evaluation fails immediately.

Daily Loss Limit is separate and softer. Hitting the DLL pauses trading for the rest of the session; the account stays alive. DLL and the EOD threshold are independent rules — one does not affect the other.

Intraday Evaluation

The trailing threshold follows your highest achieved balance in real time, including unrealised gains, and never moves down.

$25K - $50K - $100K - $150K

Profit Target: $1,500 - $3,000 - $6,000 - $9,000

Max Drawdown (Intraday Trailing): $1,000 - $2,000 - $3,000 - $4,000

Daily Loss Limit: None

Max Contracts: 4 - 6 - 8 - 12

Access Period: 30 days

Consistency: None

Scaling: None

Key characteristics:

• No daily loss limit at all. Risk control runs entirely through the real-time threshold.
• The threshold does not reset daily — it keeps trailing the highest balance reached across the whole evaluation.
• It tracks unrealised gains, so an open trade that spikes and retraces permanently raises your floor.
• Liquidations execute at market price, so the final fill may land slightly above or below the threshold. Either way the breach stands and the evaluation is failed.

Shared evaluation terms (both current types)

• One-time fee. Not a subscription. Nothing renews, nothing needs cancelling.
• 30 consecutive calendar days of access, including weekends and holidays — not 30 trading days. Expires automatically at 6:00 PM ET on day 30.
• No extensions and no resets. A failed or expired evaluation ends there; continuing means buying a new one. There are no reset fees because there are no resets.
• No refunds, transfers or changes of size or type after checkout.
• Fixed position size throughout — contract limits do not scale with profit during the evaluation.
• Passing is confirmed at market close (4:59:59 PM ET) and marked after 6:00 PM ET. Hitting the target on the final day still counts.
• 7 calendar days to activate the PA once marked as passed, by paying the activation fee. Miss the window and the activation option closes permanently — you'd need to pass a new evaluation.
• The trading day resets at 6:00 PM ET.
• No hedging between evaluation accounts. Passing evaluations by offsetting positions across accounts is a violation and results in closure.

Legacy Evaluation

Sold on a monthly subscription rather than a one-time fee, with resets available at any time — the reverse of the current model.

Distinguishing rules

• Minimum 7 trading days, non-consecutive, unless a 1-day-pass promotion was active. No maximum — take as long as needed.
• No daily maximum drawdown at all.
• No consistency rule during the evaluation phase.
• Full vs Static. Full accounts trail with the balance and stop once the liquidation threshold reaches the starting balance plus $100. Static accounts have a fixed threshold that never moves — a 100K Static sits permanently at $99,375.
• Platform matters. On Rithmic, the drawdown stops trailing once the threshold reaches the profit target. On Tradovate, it keeps trailing for the whole evaluation. Same product, materially different risk.
• The threshold follows the highest live value during a trade, not the closed value — a trade that peaks at $50,875 and closes at $50,100 still moves the threshold as if you'd banked the peak.
• If you hit the profit goal before completing 7 days, the balance must stay above the goal until the day count is met.
• Close all trades and cancel pending orders by 4:59 PM ET. The auto-close at 4:59 is a fail-safe, not a tool — orders not attached to a position must be cancelled manually or they may liquidate the account.
• Half-day holidays do not count as trading days; they merge with the next session.
• Failed accounts not reset within 8 days are disabled if no subscription is active.