Apex Trader Funding $150,000 Account Rules
Last verified: 2026-03-21 | Official rules page
Apex Trader Funding's $150,000 evaluation has a no daily loss limit, $5,000 maximum drawdown (trailing intraday (floor moves with every tick)), and a $9,000 profit target. Minimum 7 trading days. Fee: $297.
Rules by Phase
| evaluation | funded | |
|---|---|---|
| Daily Loss | None | None |
| Max Drawdown | $5,000 | $5,000 |
| DD Type | Trailing Intraday | Trailing Intraday |
| Profit Target | None | None |
| Min Days | 7 | None |
| News Trading | restricted | restricted |
| Overnight | No | No |
What This Means In Practice
Your account can never drop below $145,000.
Your floor moves up with every new high during the day. If you're up $1,000 mid-day then give it back, your floor already moved — this is the strictest drawdown type.
Pros
- +No daily loss limit in evaluation
- +100% of first $25K profit, then 90%
- +Frequent 80-90% off sales — cheapest entry point
- +Multiple platform options including TradingView
Cons
- -Intraday trailing drawdown — strictest type, moves with every tick
- -Must flatten before close (no overnight)
- -Consistency rule: no day > 30% of profit
- -News trading restricted (FOMC, NFP, CPI)
- -Minimum 7 trading days to pass evaluation