Apex Trader Funding rules, explained

Two account types, two phases

Every Apex account is one of two flavors. An EOD account recalculates your trailing drawdown once a day from your end-of-day balance and carries a daily loss limit. An intraday account trails your highest balance in real time, including unrealized profit, and has no daily loss limit. You also move through two phases: the evaluation, where you hit a profit target to get funded, and the Performance Account (PA), the funded stage where the consistency rule, minimum days, and payouts apply.

Apex 4.0 pruned the sizes to $25K, $50K, $100K, and $150K for new accounts. Each size has its own trailing amount, profit target, and daily loss limit.

Trailing drawdown and the Safety Net

Your drawdown floor is the line the account dies on. It starts at your starting balance minus the trailing amount ($1,000 on a 25K, $2,000 on a 50K, $3,000 on a 100K, $4,000 on a 150K) and follows your balance up as you make new highs. It never moves back down. On a PA account it eventually locks: once your highest balance reaches your starting balance plus the trailing amount plus $100, the floor freezes for good at your starting balance plus $100. Apex calls that the Safety Net. During the evaluation there is no lock, the floor just keeps trailing up.

Work out exactly where your floor sits and how close you are to the lock with the Apex trailing drawdown calculator.

The daily loss limit (EOD only)

EOD accounts cannot lose more than a set amount in one session: $500 on a 25K, $1,000 on a 50K, $1,500 on a 100K, $2,000 on a 150K. Reach it and your day ends until the 4:59 PM ET reset. Intraday accounts have no daily loss limit at all, only the trailing floor. See how much room a given day leaves you with the Apex daily loss limit calculator.

The 50% consistency rule

On a PA account, no single day can be more than 50% of your total profit when you request a payout. This changed in 2026: the old rule was 30%, and Apex 4.0 relaxed it to 50%. A lot of guides and calculators still show the stale number. If your biggest day is over half your total, you have to trade more profitable days to dilute it before you can withdraw. Check yours with the Apex consistency rule calculator.

Minimum trading days and payouts

To take a payout from a PA account you need at least 5 qualifying trading days since your last payout, and you need to clear the consistency rule. The amount you can request is whatever keeps your biggest day at or under 50% of the remaining profit, so a lopsided account can be funded and still owe more days before it can cash out. The Apex payout readiness calculator checks both gates at once and shows the amount.

What changed in 4.0

If you traded Apex before March 2026, four things are different. The consistency rule loosened from 30% to 50%. The PA minimum dropped from 8 trading days to 5. The sizes were trimmed to four. And the PA trailing floor now locks via the Safety Net at your starting balance plus $100, rather than the older lock model. Legacy accounts keep their old terms, so always confirm against your own account agreement.