Apex · Rules
Apex rules explained
A plain-English walk-through of Apex Trader Funding's drawdown, consistency, news, copy-trade, and payout rules, pulled from the firm's published policies and re-checked on Apr 15, 2026.
Apex Trader Funding
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Main rule to understand first
Trailing drawdown tracks unrealized profit intraday, sizing inside a winning trade can move your drawdown line faster than you expect.
How the drawdown works
Your drawdown line moves up as your equity hits new highs during the evaluation. Scaling into winners can pull that line up faster than realized P&L suggests, so a pullback after a spike can breach the line even though you're still net-profitable for the day. Trailing by unrealized profit until equity is +$100 above the locked-in threshold, at which point the drawdown locks at initial + $100 for some accounts. Verify against current Apex rules before purchase.
Worked example, $25K Evaluation: starting balance $25,000, max loss $1,500, profit target $1,500. As your equity rises toward $26,500, the drawdown line trails beneath it, a 30% single-day gain can pull the line up quickly.
Full rule summary
| Drawdown type Trailing by unrealized profit until equity is +$100 above the locked-in threshold, at which point the drawdown locks at initial + $100 for some accounts. Verify against current Apex rules before purchase. | Trailing drawdown |
|---|---|
| Profit target Targets and limits scale with the account tier, see pricing. | $1,500 on the $25K Evaluation |
| Max loss | $1,500 on the $25K Evaluation |
| Consistency rule On funded accounts Apex applies a 30% consistency rule: no single trading day can exceed 30% of your total net profit at payout request. | Yes, no single day may exceed 30% of total profit |
| News trading | Restricted, check firm rules |
| Copy trading | Allowed |
| Scalping | Allowed |
| Overnight holds | Not allowed |
| Minimum trading days | 7 days |
| Inactivity limit | 7 days |
| Max contracts (by account) |
|
| One-direction rule | Reducing/scaling out inside a losing trade is fine; holding through a market halt is disallowed. |
What to check before buying
- Drawdown fits your style: If you scale into winners and then reduce, the trailing line can breach on a pullback, size conservatively early.
- Consistency rule: Don't let a single day exceed 30% of your lifetime profit, or the payout will be delayed until more days rebalance the distribution.
- Minimum trading days: You'll need at least 7 trading days before a payout is eligible.
- No overnight holds: Flatten every position by session close. If you trade a swing style, this firm may not fit.
- News trading restricted: Flatten ahead of high-impact US releases, holding through a restricted event is a common evaluation-killer.
- Max contracts per tier: Contract caps scale by account size, check the $25K Evaluation cap (4) before planning position size.