Apex evaluation rules at a glance
| Account | 25K | 50K | 100K | 150K |
|---|---|---|---|---|
| Profit target | $1,500 | $3,000 | $6,000 | $9,000 |
| Max drawdown | $1,000 | $2,000 | $3,000 | $4,000 |
| Daily loss limit (EOD only) | $500 | $1,000 | $1,500 | $2,000 |
| Daily loss limit (Intraday) | None | None | None | None |
| Max contracts | 4 | 6 | 8 | 12 |
Both types: 30 days to pass, no minimum trading days (you can pass in one day), no consistency rule in the evaluation, and 7 days to activate your Performance Account (PA) after you pass.
How the Intraday trailing drawdown works
The threshold follows your highest balance in real time, including open profit. It only moves up, never down. If your balance touches it at any moment, everything is closed and the evaluation fails.
- You start at $50,000. Threshold: $48,000.
- A trade runs to +$1,200 open profit. Your peak is now $51,200, so the threshold jumps to $49,200, even though you haven't closed the trade.
- The trade comes back and you close it at breakeven. Balance: $50,000. Threshold stays at $49,200.
- Your real room is now $800, not $2,000.
The trap: on Intraday, giving back open profit eats your drawdown. Big runners that reverse are what kill most Intraday accounts.
How the EOD drawdown works
The threshold is set once a day at the close (4:59:59 PM ET) from your closing balance. During the day it doesn't move, so open profit that comes back doesn't hurt you. It is still enforced in real time: touch it and the account fails.
- Start at $50,000. Threshold: $48,000.
- Day 1 closes at $50,800. New threshold: $48,800.
- Day 2 closes at $51,600. New threshold: $49,600.
- Day 3 is a losing day, closes at $50,900. Threshold stays at $49,600.
- Day 4 closes at $52,000. New threshold: $50,000.
EOD accounts also have a daily loss limit. Hitting it does not fail the account. It closes your positions and stops trading for the rest of the day. The day resets at 6:00 PM ET.
Your max loss today
Intraday: your balance minus the threshold. Remember it shrinks every time open profit sets a new high.
EOD: the smaller of two numbers: your daily loss limit, or your balance minus today's threshold. Example: a 50K EOD account at $49,300 with a $48,800 threshold can only lose $500 today, not the $1,000 daily limit.
When does the drawdown stop trailing?
Performance Accounts (PA): the threshold stops at your starting balance + $100. On a 50K EOD PA it locks at $50,100 once your highest end-of-day balance reaches $52,100.
EOD evaluations on Tradovate: the drawdown keeps trailing the whole time, it never locks.
EOD evaluations on Rithmic and Wealthcharts: it locks once it reaches your profit-target balance ($53,000 on a 50K).
EOD or Intraday: which should you pick?
EOD suits traders who let winners run, because open profit that comes back doesn't move your drawdown. The cost is a daily loss limit.
Intraday has no daily loss limit, so one big day can pass the account. But every new high in open profit raises the threshold, which punishes trades that run and then reverse. It suits fast scalpers who take profit quickly.
FAQ
Does Apex have a daily loss limit?
EOD accounts do: $500 to $2,000 depending on size. Intraday evaluations don't. Hitting the daily loss limit pauses trading for the day, it doesn't fail the account.
Does unrealized profit count toward the Apex drawdown?
On Intraday accounts, yes: the threshold follows your highest balance including open profit. On EOD accounts, only the closing balance moves the threshold.
Can I pass Apex in one day?
Yes. Both EOD and Intraday evaluations have no minimum trading days.
How many Apex accounts can I have?
Up to 20 active Performance Accounts at the same time, across all sizes and types.
Track every Apex account automatically
Vantrell Ledger has the Apex rules built in. Add your accounts (for example "Apex 50K EOD" × 5) and it shows your max loss for today on each one, plus fees, resets and payouts. Free. Open the free journal →
Sources
From Apex Trader Funding's help center, checked November 10, 2026: EOD Evaluations · Intraday Evaluations · EOD Drawdown Explained · Daily Loss Limit · EOD Performance Accounts. Vantrell is not affiliated with Apex Trader Funding. Rules change, so always check Apex's help center before you trade.