Apex Trader Funding vs E8 Markets: prop firm rules compared
At the $50,000 account size, Apex Trader Funding's evaluation allows a $2,000 max drawdown (intraday trailing) against E8 Markets' $2,000 (end-of-day trailing, locks at breakeven), with the same $3,000 profit target. Both allow the same dollar drawdown at that size. Payouts are up to weekly (max 6 per pa) at Apex Trader Funding and on demand (5 profitable days between payouts; max 4 per signature account) at E8 Markets.
| Rule (evaluation phase) | APApex Trader FundingIntraday Trailing model | E8E8 MarketsE8 Signature (Futures) model |
|---|---|---|
| $25,000 account | ||
| Profit target | $1,500 | $1,500 |
| Daily loss limit | None | None |
| Max drawdown | $1,000 | $1,000 |
| $50,000 account | ||
| Profit target | $3,000 | $3,000 |
| Daily loss limit | None | None |
| Max drawdown | $2,000 | $2,000 |
| $100,000 account | ||
| Profit target | $6,000 | $6,000 |
| Daily loss limit | None | None |
| Max drawdown | $3,000 | $3,000 |
| $150,000 account | ||
| Profit target | $9,000 | $9,000 |
| Daily loss limit | None | None |
| Max drawdown | $4,000 | $4,000 |
| Firm-wide | ||
| Drawdown model | Intraday trailing | End-of-day trailing, locks at breakeven |
| Consistency rule | None | None |
| Minimum trading days | None | None |
| Profit split | 100% (PA) | 80/20 |
| Payout frequency | Up to weekly (max 6 per PA) | On demand (5 profitable days between payouts; max 4 per Signature account) |
| Account sizes offered | $25,000 · $50,000 · $100,000 · $150,000 | $25,000 · $50,000 · $100,000 · $150,000 |
| Rules confidence | Rules verified | Rules verified |
Apex Trader Funding figures are for the Intraday Trailing model; it also sells: End-of-Day Trailing.
E8 Markets figures are for the E8 Signature (Futures) model; it also sells: E8 Zero Starter, E8 Zero Max.
Rules last checked against each firm's own documentation on . Firms change their rules often, so confirm the current terms on Apex Trader Funding's site and E8 Markets' site. Spotted a rule that changed? Tell us.
Where Apex Trader Funding and E8 Markets differ
- Drawdown model
- Apex Trader Funding: Intraday trailing or end-of-day trailing, by plan
- E8 Markets: End-of-day trailing on every plan
- Trailing floor
- Apex Trader Funding: Keeps trailing on every plan
- E8 Markets: Locks at breakeven on E8 Signature; keeps trailing on E8 Zero Starter and E8 Zero Max
- Daily loss limit
- Apex Trader Funding: None on Intraday Trailing; soft pause, $1,000 at $50K on End-of-Day Trailing
- E8 Markets: None on any plan
- Consistency rule
- Apex Trader Funding: None on any plan
- E8 Markets: None on E8 Signature; max 40% of total profit from one day on E8 Zero Starter and E8 Zero Max
- Plans sold
- Apex Trader Funding: 2 plans: Intraday Trailing and End-of-Day Trailing
- E8 Markets: 3 plans: E8 Signature, E8 Zero Starter and E8 Zero Max
- Account sizes, all plans
- Apex Trader Funding: $25K · $50K · $100K · $150K
- E8 Markets: $25K · $50K · $100K · $150K · $200K
- Automated trading
- Apex Trader Funding: Not allowed in the evaluation or on a funded account
- E8 Markets: No written answer on record
- Profit split
- Apex Trader Funding: 100% (PA)
- E8 Markets: 80/20
- Payouts
- Apex Trader Funding: Up to weekly (max 6 per PA)
- E8 Markets: On demand (5 profitable days between payouts; max 4 per Signature account)
Apex Trader Funding and E8 Markets in brief
Apex Trader Funding
One evaluation with 30 days of access. Apex 4.0 sells two drawdown models: intraday trailing with no daily loss limit, or end-of-day trailing with a daily loss limit that pauses the session instead of failing the account. The evaluation has no consistency rule and no minimum trading days.
E8 Markets
E8 Signature (Futures) is a one-step evaluation whose "Dynamic" drawdown trails at end of day and locks at the starting balance once closed profit equals the drawdown, with no daily loss limit or consistency rule in the evaluation. E8 Zero Starter and Zero Max trail at end of day without locking during the challenge and have a 40% best-day rule that raises the target. Tradovate only.
How these rules play out
Apex Trader Funding's Intraday Trailing plan trails the drawdown intraday: the floor follows the highest balance the account reaches during the session, open profit included, and never moves back down — a winning trade given back before it is closed still lifts it. For example, at Apex Trader Funding's Intraday Trailing plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.
On Apex Trader Funding's End-of-Day Trailing plan and E8 Markets the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at Apex Trader Funding's End-of-Day Trailing plan and E8 Markets a $50,000 account starts with its floor at $48,000, $2,000 under the start.
On E8 Markets' E8 Signature plan the trailing floor stops rising once it reaches breakeven and stays there. On Apex Trader Funding and E8 Markets' E8 Zero Starter and E8 Zero Max plans it keeps trailing for the whole evaluation.
A soft daily loss limit pauses the day instead of failing the account: reach it and open positions are flattened, trading stops until the next session, and the account stays open. Apex Trader Funding's End-of-Day Trailing plan sets it at $1,000 on $50,000. Apex Trader Funding's Intraday Trailing plan and E8 Markets have no daily loss limit, so a losing day is bounded only by the max drawdown.
Apex Trader Funding starts the trading day at 6:00 PM ET (5:00 PM CT); a daily loss limit counts from that reset, not from midnight.
A consistency rule caps how much of the total profit one day may carry. E8 Markets' E8 Zero Starter and E8 Zero Max plans cap any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,200 of a $3,000 target. Apex Trader Funding and E8 Markets' E8 Signature plan apply no consistency rule in the evaluation, so one large day can count in full.
Apex Trader Funding and E8 Markets set no minimum number of days.
Apex Trader Funding's evaluation runs for 30 days; a target not reached by then is not a pass.
On automated trading — a strategy or bot sending the orders — at Apex Trader Funding it is not allowed in the evaluation or on a funded account; E8 Markets has no written answer on record. Written answers: Apex Trader Funding (read ).
Choosing between Apex Trader Funding and E8 Markets
Apex Trader Funding and E8 Markets differ on 4 of the evaluation rules compared here: drawdown model, trailing floor, daily loss limit and consistency rule. If your trades often run into open profit that you give back before closing them, start with the drawdown: Apex Trader Funding trails intraday or at end of day, depending on the plan, while E8 Markets trails at end of day. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Apex Trader Funding has no consistency rule; E8 Markets caps one day at 40% of total profit on some plans and has no cap on others. If you keep trading after a losing morning, look at what the daily loss limit does: Apex Trader Funding pauses the day at its daily loss limit on some plans and has no limit on others; E8 Markets has no daily loss limit.
Once funded, the profit split is 100% (PA) at Apex Trader Funding and 80/20 at E8 Markets. Payout terms — Apex Trader Funding: Up to weekly (max 6 per PA); E8 Markets: On demand (5 profitable days between payouts; max 4 per Signature account). Apex Trader Funding sells 2 plans: Intraday Trailing and End-of-Day Trailing; E8 Markets sells 3 plans: E8 Signature, E8 Zero Starter and E8 Zero Max. Each plan carries its own version of the rules above, which is why they are listed plan by plan. If a strategy or bot will send your orders, Apex Trader Funding's written answer is not allowed in the evaluation or on a funded account, and E8 Markets has no written answer on record.
Read both rule sets against your own average day, then confirm the current terms on Apex Trader Funding's site and E8 Markets' site. PassTraq tracks challenges at both firms using the same rule presets shown here.
Apex Trader Funding vs E8 Markets: quick answers
Which has the larger drawdown at $50K, Apex Trader Funding or E8 Markets?
Neither: both allow $2,000 on a $50,000 evaluation (Apex Trader Funding: intraday trailing; E8 Markets: end-of-day trailing).
Does Apex Trader Funding or E8 Markets have a consistency rule?
Apex Trader Funding: none on any plan. E8 Markets: none on E8 Signature; max 40% of total profit from one day on E8 Zero Starter and E8 Zero Max.
Which has a daily loss limit, Apex Trader Funding or E8 Markets?
Apex Trader Funding: no daily loss limit on Intraday Trailing; a soft limit that pauses the day ($1,000 at $50K) on End-of-Day Trailing. E8 Markets: no daily loss limit on any plan.
Can you trade with a bot or strategy at Apex Trader Funding or E8 Markets?
Apex Trader Funding: not allowed in the evaluation or on a funded account. E8 Markets: no written answer on record.
More comparisons
Rules are sourced from each firm's official help centre and can change without notice — always confirm on the firm's site before buying an evaluation. Where a link is a partner link, it is marked as such.