Apex Trader Funding vs Trade Day

Trade Day is $92 cheaper to get started. Apex Trader Funding charges $249 one-time plus a $69 activation fee. Trade Day charges $87/mo (monthly subscription) plus a $139 activation fee. Trade Day currently has an active promotion which may further reduce cost.

Apex Trader Funding uses Intraday Trailing drawdown at 4%, while Trade Day uses Intraday Trailing at 4% ($2,000 buffer once locked at initial). Lock behavior differs: Apex Trader Funding — trails indefinitely, while Trade Day — locks at $50,000 after $2,000 profit.

Apex Trader Funding gets you funded faster, with an estimated ~11 days to first payout (1d eval + 5d winning + 5d processing). Apex Trader Funding has no consistency rule, meaning you could pass the evaluation in a single profitable day. Trade Day requires your best day to be no more than 30% of total profit.

Apex Trader Funding offers up to 100% profit split(Weekly payouts, $500 min), while Trade Day offers up to 95%(On Demand payouts, $250 min). The 5 percentage point difference in profit split can add up significantly over time — on a $10,000 profit, that's $500 more in your pocket.

When comparing withdrawal frequency, the gap between payouts matters. Apex Trader Funding requires 5 profitable trading days between each withdrawal — at 20 trading days per month, that works out to roughly 4 payouts per month. Trade Day has no minimum profitable days requirement between withdrawals.

Trade Day requires clearing a buffer zone before your first payout — you must earn above your starting balance plus the drawdown amount before any withdrawal is allowed. has no buffer requirement, meaning payouts are available from day one.

Apex Trader Funding is more flexible overall. News trading: Apex Trader Funding allows it while Trade Day restricts it.

Both firms work well for budget traders. Apex Trader Funding is a stronger fit for day traders (news trading allowed). Explore all trading styles to see which firms match your approach.

Based on $500/day profit, 20 trading days/month, 55% win rate

At $500/day profit, Apex Trader Funding reaches break-even on day 12 while Trade Day reaches it on day 12. Trade Day costs $92 less to get started. Trade Day projects $6,604/mo more in funded earnings.