Apex Trader Funding vs Trade Day

Trade Day is $42 cheaper to get started. Apex Trader Funding charges $25 one-time plus a $79 activation fee. Trade Day charges $62/mo (monthly subscription). Both firms currently have active promotions — check our deals page for details.

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 ~1 days to first payout (1d eval). 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), while Trade Day offers up to 80%(On Demand payouts). The 20 percentage point difference in profit split can add up significantly over time — on a $10,000 profit, that's $2,000 more in your pocket.

Both firms have similar trading restrictions.

Both firms work well for budget traders. 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 11 while Trade Day reaches it on day 10. Trade Day costs $42 less to get started. Trade Day projects $6,825/mo more in funded earnings.

Overall, Apex Trader Funding scores higher (76 vs 72) on our trader-friendliness index. Key advantages: faster path to funded, better profit split, more lenient consistency rules. That said, Trade Day wins on lower starting cost, more forgiving drawdown rules. See the full glossary to understand any unfamiliar terms, or explore trading styles to find the best firm for your approach.