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.
Quick Facts
Program Types
| Program | Apex Trader Funding | TradeDay |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | — | Yes |
Rules & Assessment
| Criteria | Apex Trader Funding | TradeDay |
|---|---|---|
| Profit Target | Current 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 | The Product Line — EOD Trail: End-of-day trailing The Product Line — Intraday Trail: Real-time intraday trailing | $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 Days | Current EOD/Intraday evaluations can pass in one trading day; payout eligibility requires 5 qualifying profit days | Quick Pay vs Fast Pass — Quick Pay: 5 Quick Pay vs Fast Pass — Fast Pass: None |
| News Trading | Yes | No |
| Daily Loss Limit | The Product Line — EOD Trail: Yes ($1,000 on 50K) The Product Line — Intraday Trail: None | — |
| Consistency / Best Day Rule | — | Quick Pay vs Fast Pass — Quick Pay: 30% Quick Pay vs Fast Pass — Fast Pass: 45% |
Fees & Pricing
| Option | Apex Trader Funding | TradeDay |
|---|---|---|
| Futures $25K Account | Intraday Trail / USD 167 / One-time Official Standard one-pack list price. Activation fee after passing: USD 69. Source Checked 2026-08-10 EOD Trail / USD 390 / One-time Official Standard one-pack list price. Activation fee after passing: USD 99. Source Checked 2026-08-10 | Not listed in review pricing source |
| Futures $50K Account | Intraday Trail / USD 249 / One-time Official Standard one-pack list price. Activation fee after passing: USD 79. Source Checked 2026-08-10 EOD Trail / USD 490 / One-time Official Standard one-pack list price. Activation fee after passing: USD 129. Source Checked 2026-08-10 | Quick Pay Intraday / USD 125 / Monthly Quick Pay Intraday list price; monthly subscription; no activation fee. Source Checked 2026-08-09 |
| Futures $100K Account | Intraday Trail / USD 399 / One-time Official Standard one-pack list price. Activation fee after passing: USD 99. Source Checked 2026-08-10 EOD Trail / USD 790 / One-time Official Standard one-pack list price. Activation fee after passing: USD 139. Source Checked 2026-08-10 | Quick Pay Intraday / USD 230 / Monthly Quick Pay Intraday list price; monthly subscription; no activation fee. Source Checked 2026-08-09 |
| Futures $150K Account | Intraday Trail / USD 599 / One-time Official Standard one-pack list price. Activation fee after passing: USD 129. Source Checked 2026-08-10 EOD Trail / USD 1490 / One-time Official Standard one-pack list price. Activation fee after passing: USD 159. Source Checked 2026-08-10 | Quick Pay Intraday / USD 350 / Monthly Quick Pay Intraday list price; monthly subscription; no activation fee. Source Checked 2026-08-09 |
| Refund Policy | — | No refunds after purchase |
| Coupons / Discount | Apex Trader Funding discount | TradeDay discount |
Platforms & Markets
| Feature | Apex Trader Funding | TradeDay |
|---|---|---|
| Trading Platforms | Rithmic, Tradovate, WealthCharts, NinjaTrader, TradingView, Quantower, and 8 more | Tradovate, NinjaTrader, TradingView, Jigsaw, R-Trader Pro, Quantower, and 10 more |
| Forex | Currency futures, not spot Forex | No |
| Stocks | No individual shares; equity-index futures only | No |
| Indices | Yes | — |
| Commodities | Yes | Yes: permitted energy/agricultural futures; MGC/SIL limited; GC/SI/HG/PL restricted |
| Cryptocurrencies | — | No |
| Bonds | Yes | — |
| EA/Algo Trading | Manual order entry required; own-account copying and native risk orders permitted only under the User Agreement | — |
Payout
| Feature | Apex Trader Funding | TradeDay |
|---|---|---|
| Payout Terms | Current 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 → | ||
Verdict
| Key Element | Apex Trader Funding | TradeDay |
|---|---|---|
| Strengths | Choice 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% |
| Weaknesses | 30-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 close | Quick 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 For | Serious futures day traders seeking scalability and capital protection | Futures 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
What should I know about Apex Trader’s programs?
Apex separates EOD Performance Accounts from other and legacy account types. Its current EOD payout policy should not be applied indiscriminately to older accounts. Apex Trader official rules.
What should I know about TradeDay’s programs?
TradeDay offers a Make It Take It futures program with evaluation and Funded Sim stages. The published evaluation requires five trading days and a 30% consistency limit. TradeDay official rules.
How do payouts differ between Apex Trader and TradeDay?
Current EOD approved requests have a 100% split and a $500 minimum. Eligibility requires five qualifying profitable days, account-size balance thresholds and the consistency condition. Apex Trader official rules.
Make It Take It lists a $250 minimum request and eligibility from one funded trading day, subject to its rules. Its split is 50/50 below $4,000 net profit, 80/20 above $4,000 and 90/10 in Funded Live. TradeDay official rules.
Which account rules matter when comparing Apex Trader and TradeDay?
No single winning day may represent 50% or more of cycle profit. Only profit above the safety net can be requested, per-request caps apply, and the Performance Account closes after six payouts. Apex Trader official rules.
The selected evaluation can use end-of-day or intraday drawdown, while the displayed Funded Sim rules use intraday drawdown. Do not assume those stages have identical loss calculations. TradeDay official rules.
Is Apex Trader or TradeDay automatically the better choice?
No, neither is the default pick. Apex Trader Funding has market access the other lacks, namely forex, stocks and commodities and unrestricted news trading, and TradeDay has the cheaper entry at USD 125. Which of those matters more depends on how you actually trade, so compare how each firm measures drawdown, the total fee once add-ons and resets are included and whether the instruments you trade are covered, rather than the headline numbers. If you fail an evaluation, do not assume either firm offers a fixed reset discount: check the reset terms for the specific account you bought.
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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