Apex Trader Funding vs TradeDay – Prop Firm Comparison

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Introduction

Apex Trader Funding and TradeDay are both American futures firms built for traders chasing funded futures accounts, which makes this a closer matchup than most. Apex, founded in Austin in 2021, is the heavyweight by sheer volume, with more than 17,800 Trustpilot reviews at 4.4/5. TradeDay, founded in Chicago in 2020, is smaller but rated even higher at 4.6/5, and it leans on a reputation for trader education and support.

Their evaluations look alike at first glance: both are single-step challenges with a 6% profit target and a trailing drawdown that freezes once you reach your starting balance. The differences sit in the detail. Apex offers a wider ladder of account sizes, from $25K up to $250K, and pays up to 100% of profits (the full first $25,000, then 90/10). TradeDay keeps a tighter set, at $50K, $100K and $150K, and starts you on an 80% split from day one that rises toward 95%. TradeDay also lets you choose your drawdown type and asks for only 5 minimum trading days, against 7 at Apex.

So the gap is less about what you trade and more about how you want to be funded. Apex appeals if you want the largest community, the biggest account ceiling, and a shot at an effective 100% split. TradeDay appeals if you value a higher satisfaction rating, a lower 5-day minimum, an 80%-from-day-one structure, and a say in how your drawdown works. Both are credible futures firms; this one comes down to account size, split structure, and how much the drawdown rules matter to your style.

FeatureApex Trader FundingTradeDay
Apex Trader Funding TradeDay
Founded2021
Profit SplitQuick Pay Sim: 50%/80% by portion around $4,000 current profit; Fast Pass Sim: 80%; Live: 90% eligible profits, Quick Pay buffer portion 50%
Maximum Account SizeCurrent EOD/Intraday: $150K nominal account size; larger Legacy tiers have separate terms
Evaluation Phases11
Trustpilot Rating4.44.6
Expert Grade8.88.9
ProgramApex Trader FundingTradeDay
Entry Level ProgramYesYes
Advanced ProgramYesYes
Scaling OptionsYesYes
Demo AccountYes
CriteriaApex Trader FundingTradeDay
Profit TargetCurrent EOD/Intraday: 6% ($1,500/$3,000/$6,000/$9,000 by size)$1,500/$3,000/$6,000/$9,000 for 25K/50K/100K/150K evaluations
Maximum Drawdown$1,000/$2,000/$3,000/$4,500 for 25K/50K/100K/150K evaluation and Funded Sim; trailing floor freezes at starting balance; Live rules differ
Minimum Trading DaysCurrent EOD/Intraday evaluations can pass in one trading day; payout eligibility requires 5 qualifying profit days
News TradingYesNo
Daily Loss Limit
Consistency / Best Day Rule
OptionApex Trader FundingTradeDay
Futures $25K Account
Futures $50K Account
Futures $100K Account
Futures $150K Account
Refund PolicyNo refunds after purchase
Coupons / DiscountApex Trader Funding discountTradeDay discount
FeatureApex Trader FundingTradeDay
Trading PlatformsRithmic, Tradovate, WealthCharts, NinjaTrader, TradingView, Quantower, and 8 moreTradovate, NinjaTrader, TradingView, Jigsaw, R-Trader Pro, Quantower, and 10 more
ForexCurrency futures, not spot ForexNo
StocksNo individual shares; equity-index futures onlyNo
IndicesYes
CommoditiesYesYes: permitted energy/agricultural futures; MGC/SIL limited; GC/SI/HG/PL restricted
CryptocurrenciesNo
BondsYes
EA/Algo TradingManual order entry required; own-account copying and native risk orders permitted only under the User Agreement
FeatureApex Trader FundingTradeDay
Payout TermsCurrent EOD/Intraday PAs: $500 minimum, 5 qualifying profit days, below-50% best-day consistency, lifetime safety net and size/type-specific caps; maximum 6 payouts. Legacy rules differ.Minimum $250. Quick Pay Sim: day-one eligibility with positive profit; $10,000 gross-profit live-transition review. Fast Pass Sim: 5 qualifying profitable days per payout, net profit since last payout and tier caps; 45% consistency for accounts opened from 26 July 2026.
See all prop firm payouts →
Key ElementApex Trader FundingTradeDay
StrengthsChoice of EOD or Intraday evaluation; up to 20 PAs subject to household limits; 100% of approved current simulated-PA payouts. EOD has a daily loss limit; Intraday evaluation does not.No standard daily loss limit; Quick Pay Sim day-one payouts and no funded consistency; Fast Pass Sim retains EOD drawdown; eligible live profits receive 90%
Weaknesses30-day current evaluations with no resets; funded scaling tiers; 50% PA consistency threshold; lifetime payout safety net; six-payout PA limit; no holding through market closeQuick Pay Sim: stop at $10,000 gross-profit review threshold, excess forfeited; 50%/80% payout portions; intraday funded drawdown. Standard metals restricted; MGC/SIL limits. Monthly subscription.
Best ForSerious futures day traders seeking scalability and capital protectionFutures traders avoiding daily loss limits; transparent disclosure valued

Conclusion and Final Recommendation

Choose Apex Trader Funding if you want news trading allowed and coverage of forex, stocks and commodities that the other does not offer. Choose TradeDay if a cheaper entry, from USD 125 matters more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.

Frequently asked questions

How We Compared Apex Trader and TradeDay

Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.

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JoinProp Apex Trader Funding and TradeDay are both American futures firms built for traders chasing funded futures accounts, which makes this a closer matchup than most. Apex, founded in Austin in 2021, is the heavyweight by sheer volume, with more than 17,800 Trustpilot reviews at 4.4/5. TradeDay, founded in Chicago in 2020, is smaller but rated even higher at 4.6/5, and it leans on a reputation for trader education and support.