Apex Trader Funding rules, explained

An intraday trailing drawdown of $2,500 that follows every new equity high the moment it prints — including while a trade is open. It does not freeze at the starting balance.

Apex 50K Full Account$50,000
Account size
$50,000
Trailing threshold
Intraday trailing; follows every new equity high, open trades included.
$2,500
Daily loss limit
Apex has no separate daily loss limit on the evaluation.
None
Profit target
To pass the evaluation.
$3,000
Minimum trading days
7 days

Figures reflect a common Apex Trader Funding account at the time of writing — firms revise rules often, so verify against the Apex Trader Funding site before relying on them.

How to pass without breaching

  • The trail follows intraday peaks, so protect unrealised highs — a trade that spikes then reverses raises your floor and gives nothing back.
  • With no daily loss limit, the trailing threshold IS your risk line; treat $2,500 as the only number that matters.
  • Bank near round-number targets rather than holding for the high tick — the high tick becomes your new floor minus $2,500.
  • Hit the 7-day minimum even on green days; the profit target alone does not pass you.

Check your exact distance to breach

Drop your balance, peak and limit into the free calculator — the Apex Trader Funding preset is one click.

Open the drawdown calculator →

Apex Trader Funding FAQ

How does Apex's trailing drawdown work?+

Apex uses an intraday trailing threshold (e.g. $2,500 on the 50K) that follows your highest equity, including unrealised highs while a position is open. When equity falls $2,500 below that peak, the account breaches.

Does Apex have a daily loss limit?+

No. The evaluation has no separate daily loss limit, so the trailing threshold is the single line that ends the account.

Does the Apex drawdown freeze at the starting balance?+

No — unlike Topstep's MLL, the Apex trail keeps following new equity highs and does not lock at your starting balance during the evaluation.

Track your Apex Trader Funding rules live.

Import your trades and Merlin computes your real-time distance to every limit above — and the Pre-Trade Check stops the trade that would breach you before you take it.

No email. No card. 7-day free trial on Pro & Premium when you're ready.