Futures
Apex Trader Funding Intraday Trail
No Activation Fee · $50,000 account
Selected public offer only. Buyer eligibility and other variants are outside this comparison.
Sources checked 19 September – 24 October 2026. Reviewed by a site member and AI assistants. Release pfw-release-2026-10-24-pilot-2, approved 24 October 2026. Each source shows the date it was last checked.
Costs
List price
List price: $490 one-time
Conditions and limits. $490 for the $50,000 evaluation, paid once for 30 calendar days of access, with no renewal and no reset. No activation fee is charged on passing. The lower price shown beside it needs a coupon code.
Official sources: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026); Apex Trader Funding · Evaluation Plan Fees and Access Explained (checked 20 October 2026).
About this rule. The advertised base price of the selected account and how it is billed. A temporary public offer, available without a code, is shown beside it with any conditions the firm states, while a recent check confirms it; codes, optional purchases and unverified buyer charges are excluded.
Compare this rule across accounts
Read the guide: What are you buying when you pay for a challenge?
Fee per $1,000 of opening risk
Fee per $1,000 of opening risk: $245.00
Conditions and limits. One payment: the evaluation fee; no activation fee. Level 1 data is included with no extra charge; Market Depth and other data are optional, billed by the platform. There are no resets: a failed or expired evaluation is replaced by a new purchase.
How this is calculated. (List price × charges in a 30-day attempt + activation fee + platform and data fees), in US dollars, divided by the opening loss allowance and multiplied by 1,000.
- List price
- $490 one-time
- Charges in a 30-day attempt
- 1
- Activation fee
- None
- Platform and data fees
- None
- Opening loss allowance
- $2,000
- Result
- $245.00
Promotions, coupons and optional add-ons are excluded.
Final buyer charges such as taxes or payment fees are not verified.
Official sources: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026); Apex Trader Funding · Evaluation Plan Fees and Access Explained (checked 20 October 2026).
About this rule. The advertised base cost of a 30-day attempt in US dollars, divided by the opening loss allowance and multiplied by 1,000. A cost scenario for comparing accounts, not an all-in price.
Activation fee
Activation fee: None
Official source: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026).
About this rule. A mandatory charge to activate a funded account after passing, if any.
Compare this rule across accounts
Read the guide: Reserve activation costs and keep refunds conditional
Platform and data fees
Platform and data fees: None
Official source: Apex Trader Funding · Evaluation Plan Fees and Access Explained (checked 20 October 2026).
About this rule. Mandatory platform or market-data charges on top of the list price, if any.
Compare this rule across accounts
Read the guide: What market data is included, and what costs extra?
Payout processing fees
Payout processing fees: Not stated: no page read names a payout fee.
Official source: Apex Trader Funding · Payout Method Information (checked 20 October 2026).
About this rule. Charges deducted when a payout is sent, which depend on the payment method.
Compare this rule across accounts
Read the guide: How do payout processing fees affect cash received?
Evaluation & risk
Opening loss allowance
Opening loss allowance: $2,000
How this is calculated. Opening balance minus the opening total-loss floor.
- opening balance
- $50,000
- opening total-loss floor
- $48,000
- Result
- $2,000
Daily loss limits and any trailing of the floor after the opening are separate rules.
Official source: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026).
About this rule. How much the account can lose from its opening balance before the total-loss rule is broken, using the smallest allowance across the required evaluation phases. An account bought without an evaluation uses its funded account's allowance. It is not daily headroom, live capital or a pass probability.
Compare this rule across accounts
Read the guide: How do you calculate the opening loss allowance?
Difficulty ratio
Difficulty ratio: 1.50
How this is calculated. For each required evaluation phase, the profit target divided by that phase's opening loss allowance. The results are added.
- profit target
- 6% of $50,000 = $3,000
- opening loss allowance
- $2,000
- Result
- 1.50
This describes the shape of the evaluation; it is not a pass probability.
Official source: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026).
About this rule. Each required phase's profit target divided by that phase's opening loss allowance, added together. More target per dollar of allowed loss gives a higher number; an account bought without an evaluation has no target, so its ratio is 0. It describes the shape of the evaluation, not the chance of passing.
Compare this rule across accounts
Read the guide: How PFW's comparison pages summarize a route
Evaluation route
Evaluation route: Intraday Trail $50,000, No Activation Fee, Apex Trader Funding: a 30-day evaluation, then a simulated funded Performance Account (PA) of the same size, opened with no activation fee. Read on the Tradovate vendor; a live account is by invitation.
Official sources: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026); Apex Trader Funding · Intraday Trailing Drawdown Performance Accounts (PA) (checked 20 October 2026).
About this rule. The exact variant compared here and the stages between purchase and a funded account.
Compare this rule across accounts
Read the guide: What do one-step, two-step, three-step, and instant funding mean?
Profit targets
Profit targets: 6%
Conditions and limits. $3,000, with no consistency rule and no minimum number of days: it can be passed in a single day, within the 30-day access period.
Official source: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026).
About this rule. The profit each required evaluation phase must reach, as a share of the opening balance. An account bought without an evaluation has none.
Compare this rule across accounts
Read the guide: How does the journey from purchase to payout work?
Loss mechanics
Loss mechanics: An intraday trailing drawdown of $2,000 below the peak balance, unrealized gains included, enforced in real time; touching it fails the evaluation or closes the PA. The evaluation starts at $50,000 with a $48,000 threshold, which on Tradovate trails indefinitely. On the PA it stops at $50,100.
Official sources: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026); Apex Trader Funding · Intraday Trailing Drawdown Explained (checked 20 October 2026).
About this rule. How the maximum loss limit is set and how it trails or locks as the account grows.
Compare this rule across accounts
Read the guide: How do static, EOD, and intraday overall max loss differ?
Minimum days and time limits
Minimum days and time limits: No minimum: it can be passed in one trading day, within 30 calendar days of purchase, after which it expires. A PA must record 2 trading days with $50 of net profit in every rolling 30 days, or it closes.
Official sources: Apex Trader Funding · Intraday Trailing Drawdown Evaluations (checked 20 October 2026); Apex Trader Funding · Inactivity Policy on Performance Accounts (PA) (checked 20 October 2026).
About this rule. The minimum number of trading or profitable days each evaluation phase requires, including any minimum the firm states a consistency rule sets, any time limit for passing, and any inactivity period after which the account is closed.
Daily loss and contract limits
Daily loss and contract limits: No daily loss limit in the evaluation. Up to 6 contracts (60 micros) in the evaluation. The PA scales by tier, set before each session from the previous close and able to move down as well as up: 2 contracts and a $1,000 daily loss limit at $0 to $1,499 of profit; 3 contracts and a $1,000 daily loss limit at $1,500 to $2,999 of profit; 4 contracts and a $2,000 daily loss limit at $3,000 to $5,999 of profit; 4 contracts and a $3,000 daily loss limit at $6,000 and up of profit. Orders over the limit are rejected.
Official sources: Apex Trader Funding · Product picker: Intraday Trail, No Activation Fee, 50K (checked 20 October 2026); Apex Trader Funding · Daily Loss Limit Explained (checked 20 October 2026); Apex Trader Funding · Scaling Levels (PA) Explained (checked 20 October 2026).
About this rule. Two limits: any daily loss limit, and the most contracts the account may hold at once, counting minis and micros as the firm states.
Compare this rule across accounts
Read the guide: How do daily-loss rules compare across prop firms?
Read the guide: How does the firm count contracts toward the limit?
Payouts
First and later payouts
First and later payouts: No calendar wait: each payout needs 5 trading days, not necessarily in a row, each with at least $200 of net profit, counted since the last payout. Apex calls this up to weekly payouts; there is no deadline.
Official source: Apex Trader Funding · Intraday Trailing Drawdown Payouts (checked 20 October 2026).
About this rule. When the first payout can be requested and how often later requests are allowed. Waiting periods, qualifying days, review and payment are separate clocks.
Payout minimums and caps
Payout minimums and caps: Minimum request $500, from a balance of at least $52,600: the safety net of $52,100 (the drawdown limit plus $100) stays for the life of the PA, and only profit above it can be withdrawn. Caps per payout: $1,500 for the first, $2,000 for the second, $2,500 for the third, $2,500 for the fourth, $3,000 for the fifth, $3,000 for the sixth. The PA closes after its sixth payout.
Official source: Apex Trader Funding · Intraday Trailing Drawdown Payouts (checked 20 October 2026).
About this rule. The smallest request allowed and any limit on how much can be withdrawn per request or cycle.
Funded consistency rules
Funded consistency rules: A 50% consistency rule on the PA: no single profitable day may be 50% or more of the net profit since the last approved payout; until it is met, a payout cannot be requested, but the account stays open. The consistency article's example accepts exactly 50%.
Official sources: Apex Trader Funding · Intraday Trailing Drawdown Payouts (checked 20 October 2026); Apex Trader Funding · 50% Consistency Requirement (checked 20 October 2026).
About this rule. Rules on how profit must be spread across days or trades before a funded payout, and any required profitable days.
After a payout
After a payout: The safety net stays; the consistency count and the 5 qualifying days start again after each approved payout. While a request is pending, trade as if the amount were already deducted: a balance below the threshold cancels it. On Tradovate, a request needs the account flat. A live account is by invitation.
Official sources: Apex Trader Funding · Intraday Trailing Drawdown Payouts (checked 20 October 2026); Apex Trader Funding · 50% Consistency Requirement (checked 20 October 2026); Apex Trader Funding · How to Request a Payout (checked 20 October 2026).
About this rule. What changes on the account after a payout, such as how the loss limit resets or when the account closes.
Compare this rule across accounts
Read the guide: How do actual programs handle the post-payout threshold?
Published processing time
Published processing time: Apex reviews a payout within 2 business days and sends approved funds within 3 to 4 business days; the bank or Plane usually takes 3 to 7 more, 5 to 11 business days in all. The same page still describes an older rule (eight trading days, five of them with $50 of profit, between requests) that the PA payout pages do not use.
Official source: Apex Trader Funding · Payout Method Information (checked 20 October 2026).
About this rule. How long the firm says review and payment take after a request. These are published estimates, not measured times.
Compare this rule across accounts
Read the guide: What do “24-hour,” “instant,” and “on-demand” payouts mean?
Refunds
Fee refund with a reward
Fee refund with a reward: None stated: no page read offers the fee back with a payout, and purchases are not refunded.
Official source: Apex Trader Funding · Refund Policy (checked 20 October 2026).
About this rule. Whether and when the challenge fee is paid back after a successful payout.
Cancellation refund
Cancellation refund: None: Apex does not refund purchases, in whole or in part, including evaluations and PA activation fees; an evaluation fee cannot be moved to another size or type.
Official sources: Apex Trader Funding · Refund Policy (checked 20 October 2026); Apex Trader Funding · Evaluation Plan Fees and Access Explained (checked 20 October 2026).
About this rule. Whether a purchase can be cancelled and refunded, and on what conditions.
Trading rules
News and overnight holding
News and overnight holding: News: allowed with your normal strategy; strategies that chase the market or place orders on both sides of a release are not. Overnight: not allowed; every position must be closed before 4:59 PM ET (agricultural markets earlier), and holding through the close forfeits the account.News trading: restricted in both stages.Overnight and weekend holding: prohibited in both stages.
Official sources: Apex Trader Funding · Prohibited Activities (checked 20 October 2026); Apex Trader Funding · Futures Trading Times (checked 20 October 2026).
News trading by stage
- Evaluation and funded
- Restricted. With your normal strategy; no strategies that chase the market or place orders on both sides of a release.
Official source: Apex Trader Funding · Prohibited Activities (checked 20 October 2026).
Overnight and weekend holding by stage
- Evaluation and funded
- Prohibited.
Official sources: Apex Trader Funding · Prohibited Activities (checked 20 October 2026); Apex Trader Funding · Futures Trading Times (checked 20 October 2026).
About this rule. Restrictions around scheduled news and whether positions can be held past the session close.
Compare this rule across accounts
Read the guide: How do futures programs handle session-to-session holding?
Expert advisors and copying
Expert advisors and copying: Every order must be placed manually: automation, bots and algorithms are not allowed, nor is high-frequency trading. A trader may copy their own manual orders from one account to their other accounts, which must mirror them exactly; sharing trade copying with other traders is forbidden, and evaluations may not be hedged against each other.Expert advisors: prohibited in both stages.Copying your own trades: restricted in both stages.
Official sources: Apex Trader Funding · User Agreement (checked 20 October 2026); Apex Trader Funding · Prohibited Activities (checked 20 October 2026); Apex Trader Funding · EOD Evaluations (checked 20 October 2026).
Expert advisors by stage
- Evaluation and funded
- Prohibited.
Official sources: Apex Trader Funding · User Agreement (checked 20 October 2026); Apex Trader Funding · Prohibited Activities (checked 20 October 2026).
Copying your own trades by stage
- Evaluation and funded
- Restricted. Only your own manually placed orders, copied to your other accounts, which must mirror them exactly; no copying with other traders.
Official sources: Apex Trader Funding · User Agreement (checked 20 October 2026); Apex Trader Funding · Prohibited Activities (checked 20 October 2026).
About this rule. Whether automated strategies are allowed and whether trades can be copied between your own accounts.
Compare this rule across accounts
Read the guide: Automation and copying: what actually needs permission?
Platforms & eligibility
Platforms
Platforms: One vendor, chosen at checkout: Tradovate, Rithmic or WealthCharts. Level 1 data is included; Market Depth and other data are optional, billed by the platform.
Official sources: Apex Trader Funding · Product picker: EOD Trail, Standard, 50K (checked 20 October 2026); Apex Trader Funding · Homepage and product picker (checked 20 October 2026); Apex Trader Funding · EOD Drawdown Explained (checked 20 October 2026); Apex Trader Funding · Evaluation Plan Fees and Access Explained (checked 20 October 2026).
About this rule. The platforms the firm offers in this market, with any extra charge or country limit it states. It is the firm's list for all its accounts in the market.
Platform access and eligibility
Platform access and eligibility: Tradovate, Rithmic or WealthCharts, chosen at checkout. Not available in the restricted countries (see Who can trade): someone from one may join with an ID from an approved country and residence, mailing address and bank account there; in a restricted country, no purchases, payouts or trades. Up to 20 PAs at a time.
Official sources: Apex Trader Funding · EOD Drawdown Explained (checked 20 October 2026); Apex Trader Funding · Restricted Countries (checked 20 October 2026); Apex Trader Funding · Intraday Trailing Drawdown Performance Accounts (PA) (checked 20 October 2026).
About this rule. Who can buy the account: age, identity checks and country restrictions, and any platform limits by country.
Ratings
Not rated. Overall program scores and reliability ratings are not published yet; the figures above are measurements of stated terms, not a verdict.
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