Apex Trader Funding and Topstep are both popular futures prop trading firms. But how do they actually compare? This guide breaks down the key differences to help you decide which one fits your trading style and budget.
Cost Comparison
Apex Trader Funding starts at $199 (one-time fee). Topstep starts at $49 (monthly fee). Topstep is the cheaper option to get started.
Drawdown Rules
Apex Trader Funding uses EOD trailing drawdown with a 4% maximum. Topstep uses EOD trailing drawdown with a 3% maximum.
Profit Split
Apex Trader Funding offers up to 100% profit split. Topstep offers up to 90% profit split. Apex Trader Funding gives you 10% more of your profits.
Trading Rules
Apex Trader Funding: news trading allowed, no overnight holds, no automation. Topstep: news trading allowed, no overnight holds, bots/automation allowed. These rules matter depending on your trading style. Check out our trading styles guide to see which firm fits best.
Speed to Funded
Apex Trader Funding requires a minimum of 1 trading day to pass. Topstep requires a minimum of 2 trading days to pass. Apex Trader Funding can get you funded faster.
The Verdict
Apex Trader Funding comes out ahead with better profit split and faster path to funded. That said, Topstep wins on lower starting cost. The best choice depends on your trading style and priorities.
Compare Side by Side
Want to see every rule and metric compared in detail? Use the full comparison tool to see Apex Trader Funding vs Topstep head to head.