Compare / Apex Trader Funding vs TradeDay

Apex Trader Funding vs TradeDay

Side-by-side spec comparison of Apex Trader Funding and TradeDay. Every value verified from primary sources.

TradeDay
75/100
Strong

TradeDay scores 8.9 higher under TVSM-PF/2.0.2.

Payout split

Apex Trader Funding100% on first $25,000 lifetime profits, then 90/10
TradeDay80% on first $50K profit, 90% on next $50K, 95% above $100K

Max funded

Apex Trader Funding$300,000 (up to 20 accounts simultaneously)
TradeDay$150,000

Payout cap

Apex Trader Funding$4,000/payout at step 6 on $100K EOD. Account closes after 6 payouts — new eval required.
TradeDayNone

Drawdown model

Apex Trader FundingEOD Trailing — ratchets up with peak end-of-day balance, closed balance basis
TradeDayChoice of Intraday Trailing / EOD Trailing / Static — three variants per account size

Min trading days

Apex Trader Funding5 qualifying days per payout cycle (each day must hit minimum daily profit threshold)
TradeDayPlan-dependent

Challenge fee

Apex Trader FundingOne-time: ~$399 eval + $139 PA activation ($538 total on $100K EOD). Frequent 70-90% discount periods.
TradeDay$125–$375/mo subscription depending on account size; $50K typical $165/mo

Fee refundable

Apex Trader FundingNo — one-time fee, not refunded on first payout
TradeDayNo — subscription model

News trading

Apex Trader FundingAllowed — no restrictions on futures news trading
TradeDayRestricted on funded accounts during major releases

Platforms

Apex Trader FundingNinjaTrader, Tradovate (Rithmic-based)
TradeDayNinjaTrader, Tradovate, R-Trader, Quantower

Payout schedule

Apex Trader FundingOn demand after 5 qualifying days — 1-3 business days processing
TradeDayWithin-week processing
Specification
TradeDay
75/100
Strong
Payout split100% on first $25,000 lifetime profits, then 90/1080% on first $50K profit, 90% on next $50K, 95% above $100K
Max funded$300,000 (up to 20 accounts simultaneously)$150,000
Payout cap$4,000/payout at step 6 on $100K EOD. Account closes after 6 payouts — new eval required.None
Drawdown modelEOD Trailing — ratchets up with peak end-of-day balance, closed balance basisChoice of Intraday Trailing / EOD Trailing / Static — three variants per account size
Min trading days5 qualifying days per payout cycle (each day must hit minimum daily profit threshold)Plan-dependent
Challenge feeOne-time: ~$399 eval + $139 PA activation ($538 total on $100K EOD). Frequent 70-90% discount periods.$125–$375/mo subscription depending on account size; $50K typical $165/mo
Fee refundableNo — one-time fee, not refunded on first payoutNo — subscription model
News tradingAllowed — no restrictions on futures news tradingRestricted on funded accounts during major releases
PlatformsNinjaTrader, Tradovate (Rithmic-based)NinjaTrader, Tradovate, R-Trader, Quantower
Payout scheduleOn demand after 5 qualifying days — 1-3 business days processingWithin-week processing
Visit Apex Trader FundingVisit TradeDay

Which one fits?

  • Apex Trader Funding is best for cme futures intraday traders who can work within an eod trailing drawdown and want the cheapest entry to multiple funded accounts.
  • TradeDay is best for cme futures traders who value drawdown-model choice (intraday / eod / static), institutional founder pedigree, and a tiered scaling structure that rewards $100k+ cumulative profit.

See the full Apex Trader Funding review and TradeDay review for the verified specs and editorial verdict on each.

Dimension by dimension: who wins where

Computed live from the per-variable evidence behind each firm's TVSM-PF score TradeDay takes 5 of 6 dimensions at current scores. Every variable links to a primary source on the firm pages.

Payout ReliabilityApex 23.5 · TradeDay 25.5 / 32

TradeDay wins. Apex Trader Funding pays 100% on first $25,000 lifetime profits, then 90/10; TradeDay pays 80% on first $50K profit, 90% on next $50K, 95% above $100K. Per-payout caps — Apex Trader Funding: $4,000/payout at step 6 on $100K EOD. Account closes after 6 payouts — new eval required.; TradeDay: None — decide who keeps more in a big month.

Rule FairnessApex 13.0 · TradeDay 14.8 / 24

TradeDay wins. Drawdown models differ: Apex Trader Funding runs EOD Trailing — ratchets up with peak end-of-day balance, closed balance basis; TradeDay runs Choice of Intraday Trailing / EOD Trailing / Static — three variants per account size. The model decides how much intraday heat you can take before breaching.

Rules StabilityApex 5.8 · TradeDay 8.8 / 10

TradeDay wins. Mid-stream rule changes are penalized here, and every change is tracked in our append-only changelog — so a recent payout or drawdown change shows up in this dimension rather than being quietly absorbed.

Business ViabilityApex 12.3 · TradeDay 12.8 / 16

TradeDay wins. Operating history and scale matter most when a payout goes sideways — the longer-running, better-capitalised firm carries less counterparty risk, and this dimension reflects each firm's track record to date.

Platform & ExecutionApex 6.0 · TradeDay 6.4 / 8

Effectively even. Platforms: Apex Trader Funding — NinjaTrader, Tradovate (Rithmic-based); TradeDay — NinjaTrader, Tradovate, R-Trader, Quantower. If your edge depends on a specific platform, this is the deciding line.

Cost & ValueApex 5.6 · TradeDay 6.8 / 10

TradeDay wins. Evaluation cost: Apex Trader Funding — One-time: ~$399 eval + $139 PA activation ($538 total on $100K EOD). Frequent 70-90% discount periods.; TradeDay — $125–$375/mo subscription depending on account size; $50K typical $165/mo. Fee refundable — Apex Trader Funding: No — one-time fee, not refunded on first payout; TradeDay: No — subscription model.

Rule by rule, in each firm's own terms

Verbatim from our verified spec database — the conditions are the product, so nothing here is flattened to a yes/no. Where a rule has tiers or conditions, you are reading them.

RuleApex Trader FundingTradeDay
Drawdown modelEOD Trailing — ratchets up with peak end-of-day balance, closed balance basisChoice of Intraday Trailing / EOD Trailing / Static — three variants per account size
Max drawdownEOD Trailing — $3,000 drawdown limit on $100K EOD. Safety Net at $103,100.Plan-dependent (Intraday / EOD / Static)
Daily loss limitDynamic Daily Loss Limit — tier-based by account size and scaling tierPlan-dependent
Payout split100% on first $25,000 lifetime profits, then 90/1080% on first $50K profit, 90% on next $50K, 95% above $100K
Payout cap$4,000/payout at step 6 on $100K EOD. Account closes after 6 payouts — new eval required.None
Payout scheduleOn demand after 5 qualifying days — 1-3 business days processingWithin-week processing
Min trading days5 qualifying days per payout cycle (each day must hit minimum daily profit threshold)Plan-dependent
Consistency rule30% rule — single best day cannot exceed 30% of total profit at payoutDisclosed pre-purchase
News tradingAllowed — no restrictions on futures news tradingRestricted on funded accounts during major releases
Weekend holdsNot permitted (futures-only — flat by close on Friday)Not permitted on funded accounts
Evaluation costOne-time: ~$399 eval + $139 PA activation ($538 total on $100K EOD). Frequent 70-90% discount periods.$125–$375/mo subscription depending on account size; $50K typical $165/mo
Fee refundableNo — one-time fee, not refunded on first payoutNo — subscription model
PlatformsNinjaTrader, Tradovate (Rithmic-based)NinjaTrader, Tradovate, R-Trader, Quantower
Max funded$300,000 (up to 20 accounts simultaneously)$150,000
ScalingHorizontal scaling via multiple accounts. Each PA closes after 6 payouts — buy new eval to continue.Up to $150K via account stacking; 95% split tier above $100K cumulative profit

Verified June 2026 (Apex Trader Funding) · June 2026 (TradeDay). Source extracts for every scored variable are on the firm pages.

The verdict, by trader type

A comparison that ends in “it depends” is not a verdict. Picks below are per trading style — find yours.

Most traders

TradeDay

TradeDay takes 5 of the 6 scored dimensions at current scores, which makes it the safer default for a trader without a strong style preference. Read the per-dimension breakdown above first — a single dimension you care about can flip the decision.

Cost-conscious

TradeDay

Entry cost: Apex Trader Funding — One-time: ~$399 eval + $139 PA activation ($538 total on $100K EOD). Frequent 70-90% discount periods.; TradeDay — $125–$375/mo subscription depending on account size; $50K typical $165/mo. TradeDay wins on cost-value once refunds and discounts are weighed.

Rules-sensitive trader

TradeDay

If clean, predictable rules matter most, read the drawdown model first: Apex Trader Funding runs EOD Trailing — ratchets up with peak end-of-day balance, closed balance basis; TradeDay runs Choice of Intraday Trailing / EOD Trailing / Static — three variants per account size. TradeDay scores better on rule fairness and clarity.

High earner

TradeDay

Profit splits: Apex Trader Funding — 100% on first $25,000 lifetime profits, then 90/10; TradeDay — 80% on first $50K profit, 90% on next $50K, 95% above $100K. TradeDay has the stronger payout profile once caps are factored in. Always read the per-payout cap in full before a large withdrawal.

Apex Trader Funding vs TradeDay — the questions traders actually search

Is Apex Trader Funding or TradeDay better in 2026?

Under TraderVerdict's independent TVSM methodology, Apex Trader Funding scores in the Strong band and TradeDay in the Strong band. TradeDay wins 5 of the 6 scored dimensions at current scores. The right pick depends on which firm's payout, drawdown, and cost terms fit how you trade.

What is the main difference between Apex Trader Funding and TradeDay?

Apex Trader Funding and TradeDay differ across the TVSM-scored variables that decide whether a funded trader actually gets paid — profit split, drawdown model, payout caps, pricing, and operating stability. The rule-by-rule table on this page shows each one verbatim from our verified specs.

Which is cheaper — Apex Trader Funding or TradeDay?

Apex Trader Funding: One-time: ~$399 eval + $139 PA activation ($538 total on $100K EOD). Frequent 70-90% discount periods.. TradeDay: $125–$375/mo subscription depending on account size; $50K typical $165/mo. Weigh the fee against how long the evaluation takes you — a one-time fee beats a subscription on a slow pass, and the reverse on a fast one.

Which pays out more — Apex Trader Funding or TradeDay?

Profit split: Apex Trader Funding — 100% on first $25,000 lifetime profits, then 90/10. TradeDay — 80% on first $50K profit, 90% on next $50K, 95% above $100K. Per-payout caps: Apex Trader Funding — $4,000/payout at step 6 on $100K EOD. Account closes after 6 payouts — new eval required.; TradeDay — None. Read both cap rules in full before buying — they bind hardest in your best months.

What is the difference between Apex Trader Funding and TradeDay drawdown rules?

Apex Trader Funding: EOD Trailing — ratchets up with peak end-of-day balance, closed balance basis. TradeDay: Choice of Intraday Trailing / EOD Trailing / Static — three variants per account size. The drawdown model is the single most common reason funded accounts fail, so match it to whether you hold through intraday heat.

Do Apex Trader Funding and TradeDay allow news trading?

Apex Trader Funding: Allowed — no restrictions on futures news trading. TradeDay: Restricted on funded accounts during major releases.

What account sizes do Apex Trader Funding and TradeDay offer?

Apex Trader Funding: $300,000 (up to 20 accounts simultaneously). TradeDay: $150,000. Scaling: Apex Trader Funding — Horizontal scaling via multiple accounts. Each PA closes after 6 payouts — buy new eval to continue.; TradeDay — Up to $150K via account stacking; 95% split tier above $100K cumulative profit.

Are TraderVerdict's prop-firm comparisons independent?

Yes. Every firm is scored against a public, versioned methodology before any commercial relationship, and affiliate links are only added to firms that clear our editorial bar. A firm cannot pay for a higher score or to remove a critical finding.

Full breakdowns with per-variable sources: Apex Trader Funding review · TradeDay review

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