Apex Trader Funding vs Elite Trader Funding: prop firm rules compared
At the $50,000 account size, Apex Trader Funding's evaluation allows a $2,000 max drawdown (intraday trailing) against Elite Trader Funding's $2,000 (intraday trailing, locks at breakeven), with the same $3,000 profit target. Both allow the same dollar drawdown at that size. Neither firm applies a consistency rule. Payouts are up to weekly (max 6 per pa) at Apex Trader Funding and approved daily, paid in monday / wednesday batches at Elite Trader Funding.
| Rule (evaluation phase) | APApex Trader FundingIntraday Trailing model | ETElite Trader Funding1-Step (Live Trailing) model |
|---|---|---|
| $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 | not verified — check the firm's site |
| Daily loss limit | None | not verified — check the firm's site |
| Max drawdown | $4,000 | not verified — check the firm's site |
| Firm-wide | ||
| Drawdown model | Intraday trailing | Intraday trailing, locks at breakeven |
| Consistency rule | None | None |
| Minimum trading days | None | 5 trading days |
| Profit split | 100% (PA) | 100% of sim profits up to $25K |
| Payout frequency | Up to weekly (max 6 per PA) | Approved daily, paid in Monday / Wednesday batches |
| Account sizes offered | $25,000 · $50,000 · $100,000 · $150,000 | $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.
Elite Trader Funding figures are for the 1-Step (Live Trailing) model; it also sells: End of Day, Static.
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 Elite Trader Funding's site. Spotted a rule that changed? Tell us.
Where Apex Trader Funding and Elite Trader Funding differ
- Drawdown model
- Apex Trader Funding: Intraday trailing or end-of-day trailing, by plan
- Elite Trader Funding: Intraday trailing on 1-Step; end-of-day trailing on End of Day; static on Static
- Trailing floor
- Apex Trader Funding: Keeps trailing on every plan
- Elite Trader Funding: Locks at breakeven on 1-Step and End of Day
- Daily loss limit
- Apex Trader Funding: None on Intraday Trailing; soft pause, $1,000 at $50K on End-of-Day Trailing
- Elite Trader Funding: None on 1-Step and Static; hard, $1,100 at $50K on End of Day
- Minimum trading days
- Apex Trader Funding: None on any plan
- Elite Trader Funding: 5 trading days on every plan
- Plans sold
- Apex Trader Funding: 2 plans: Intraday Trailing and End-of-Day Trailing
- Elite Trader Funding: 3 plans: 1-Step, End of Day and Static
- Account sizes, all plans
- Apex Trader Funding: $25K · $50K · $100K · $150K
- Elite Trader Funding: $10K · $25K · $50K · $100K · $150K
- Profit split
- Apex Trader Funding: 100% (PA)
- Elite Trader Funding: 100% of sim profits up to $25K
- Payouts
- Apex Trader Funding: Up to weekly (max 6 per PA)
- Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches
Apex Trader Funding and Elite Trader Funding 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.
Elite Trader Funding
Three evaluations: 1-Step (intraday trailing), End of Day (end-of-day trailing with a hard daily loss limit) and Static. Minimum 5 trading days, no consistency rule in the evaluation.
How these rules play out
Apex Trader Funding's Intraday Trailing plan and Elite Trader Funding's 1-Step plan trail 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 and Elite Trader Funding's 1-Step 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 Elite Trader Funding's End of Day plan 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 Elite Trader Funding's End of Day plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.
Elite Trader Funding's Static plan uses a static drawdown: the floor is set once, the drawdown below the starting balance, and does not move for the whole evaluation. For example, at Elite Trader Funding's Static plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.
On Elite Trader Funding's 1-Step and End of Day plans the trailing floor stops rising once it reaches breakeven and stays there. On Apex Trader Funding 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. A hard daily loss limit ends the evaluation: one day that loses that much fails the account. Elite Trader Funding's End of Day plan sets it at $1,100 on $50,000. Apex Trader Funding's Intraday Trailing plan and Elite Trader Funding's 1-Step and Static plans have no daily loss limit, so a losing day is bounded only by the max drawdown.
Apex Trader Funding and Elite Trader Funding start the trading day at the same moment, 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. Neither Apex Trader Funding nor Elite Trader Funding applies a consistency rule in the evaluation, so one large day can count in full toward the target.
Elite Trader Funding requires at least 5 trading days before a pass; Apex Trader Funding sets 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; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: Apex Trader Funding (read ), Elite Trader Funding (read ).
Choosing between Apex Trader Funding and Elite Trader Funding
Apex Trader Funding and Elite Trader Funding differ on 4 of the evaluation rules compared here: drawdown model, trailing floor, daily loss limit and minimum trading days. 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 Elite Trader Funding trails intraday or at end of day or holds a static floor, depending on the plan. 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; Elite Trader Funding fails the account at its daily loss limit on some plans and has no limit on others. To finish in as few sessions as possible, compare the minimum days: Apex Trader Funding sets no minimum, Elite Trader Funding needs at least 5 trading days.
Once funded, the profit split is 100% (PA) at Apex Trader Funding and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — Apex Trader Funding: Up to weekly (max 6 per PA); Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. Apex Trader Funding sells 2 plans: Intraday Trailing and End-of-Day Trailing; Elite Trader Funding sells 3 plans: 1-Step, End of Day and Static. Each plan carries its own version of the rules above, which is why they are listed plan by plan.
Read both rule sets against your own average day, then confirm the current terms on Apex Trader Funding's site and Elite Trader Funding's site. PassTraq tracks challenges at both firms using the same rule presets shown here.
Apex Trader Funding vs Elite Trader Funding: quick answers
Which has the larger drawdown at $50K, Apex Trader Funding or Elite Trader Funding?
Neither: both allow $2,000 on a $50,000 evaluation (Apex Trader Funding: intraday trailing; Elite Trader Funding: intraday trailing).
Does Apex Trader Funding or Elite Trader Funding have a consistency rule?
Neither applies one in the evaluation.
Which has a daily loss limit, Apex Trader Funding or Elite Trader Funding?
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. Elite Trader Funding: no daily loss limit on 1-Step and Static; a hard limit that fails the account ($1,100 at $50K) on End of Day.
Can you trade with a bot or strategy at Apex Trader Funding or Elite Trader Funding?
Apex Trader Funding: not allowed in the evaluation or on a funded account. Elite Trader Funding: not allowed in the evaluation or on a funded account.
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.