DEVOURED LAST CHECKED 12 Aug 2026
Apex Trader Funding
The volume king of futures evaluations. The trailing drawdown is the trap.
Apex dominates futures evaluation volume, and the value is real: frequent 80–90% discounts and no consistency rule. But the trailing drawdown, calculated intraday, trailing from your high-water mark, is the trap that eats accounts, and the discount-driven marketing means you're always being sold something. Read the drawdown page twice before you buy. It's cheap. It's not simple.
The Verdict
DECENT, WITH CATCHESGenuinely good. Read the catch section before you hand over money.
Incredible value, sharp edges. The trailing drawdown decides whether you succeed.
WHAT'S GOOD
- No consistency rule, no time limits
- Frequent 80–90% discounts, cheapest entry in the space when active
- One-step evaluation: 50% target, then funded
- Broad platform support including TradingView and Quantower
- 90/10 split available for patient traders
- Payouts on demand after 5 green days
WHAT'S NOT
- Trailing drawdown complexity is a genuine account-killer
- Discount marketing is relentless and anchoring
- Mixed payout-experience reports in community forums
- Support is stretched by sheer account volume
The Catch
read before you payThe intraday trailing drawdown
Your max drawdown trails your high-water mark, including intraday equity peaks. Get long, see a +$2,000 float, then give it all back and more? That peak raised your drawdown floor. This single mechanic is the top reason Apex accounts die. It's on the rules page; it's just not where your eyes go first.
Discount theatre
80–90% off codes are near-permanent. That's excellent value, and also a price-anchoring machine. The 'was $X, now $Y' framing is the product. Buy on the rules, not the countdown.
The 90% split has a waiting condition
Take your first payout after 30 days and the split is 90/10. Take it sooner and it's 80/20. Fine deal, but it's a choice buried in the FAQ that most buyers don't know they're making.
Rules That Matter
verified 12 Aug 2026| Rule | What it is | Notes |
|---|---|---|
| Evaluation structure | 1-step: 50% profit target, no time limit | |
| Max drawdown | Trailing, e.g. $2,500 on $50k, trails high-water mark GOTCHA | |
| Daily loss | Intraday calculation, e.g. $1,250 on $50k | |
| Consistency rule | None | |
| Profit split | 80/20 standard; 90/10 if first payout deferred 30 days | |
| News trading | Allowed | |
| EA / bot usage | Allowed | |
| Reset fee | Paid resets available |
Rules change. We checked 12 Aug 2026, always verify against the firm's own terms before buying.
BULL$#!T TAX
friction, not fraudBULL$#!T TAX
Serious hoops. Easy to trip, easy to misunderstand, easy to lose money to the fine print.
- Intraday trailing drawdown is the single most-misunderstood rule in futures evaluations
- Discount marketing runs at 80–90% off, price anchoring is relentless
- Payout wait conditions (30 days for the 90% split) are buried in the FAQ
- A 90% split 'for waiting 30 days' is a choice you must actively make
Payouts
where the money isPayouts are on-demand after 5 profitable trading days. 80/20 split standard; wait 30 days for the first payout and it's 90/10. Methods vary by region.
Programs & Pricing
structure| Program | Type | Target | Drawdown | Split | Price |
|---|---|---|---|---|---|
| Apex Evaluation | 1-step | 50% | Trailing (e.g. $2,500 / $50k) | 80/20 → 90/10 after 30 days | Frequent 80–90% discount codes, verify current offer |
Current Deals
verified onlyNO VERIFIED CODE RIGHT NOW
What Changed?
rule-change logWould We Buy It?
the straight answerYes, if you understand the trailing drawdown cold and you treat the 80–90% codes as the real price. If you can't explain to a friend exactly how the trailing drawdown works, you're not ready for Apex yet.