Apex Trader FundingVerified
Apex moved new purchases to 4 one-time evaluation paths
Older Apex reviews can describe a different billing and drawdown structure. Match any comparison to the product name shown at checkout.
A side-by-side breakdown of Apex Trader Funding and The Funded Trader — profit splits, payout speed, drawdown rules, platforms, and a clear verdict on which firm wins for which trader profile.
Disclosure: We earn a commission if you sign up via links on this page — at no cost to you. Our reviews are independent and not influenced by partners. Learn more.
Data-driven comparison · checked Jul 28, 2026
We track 4 Apex Trader Funding products and 7 from The Funded Trader that pass the 30-day source-freshness gate, last verified 2026-07-28. These firms sell different instruments — Apex Trader Funding runs futures products and The Funded Trader runs CFD — so treat the tables below as a fit comparison, not a like-for-like price race. The Funded Trader is the cheaper route at the one tier both firms sell on the same currency and billing model. At $25K, the cheapest verified route is Classic 2-Step Challenge at $129 (One-time fee), which needs $161 of profit at a 80% split before the fee is back in your pocket.
Winning value on each row is marked. Ties are flagged. Empty cells mean we don't have that data point yet.
The table above compares the two firms. This one compares the products you actually buy — 11 of them, each with its own price, split, drawdown rule and source date.
We track 4 Apex Trader Funding products and 7 from The Funded Trader that pass the 30-day source-freshness gate, last verified 2026-07-28. These firms sell different instruments — Apex Trader Funding runs futures products and The Funded Trader runs CFD — so treat the tables below as a fit comparison, not a like-for-like price race.
The Funded Trader is the cheaper route at the one tier both firms sell on the same currency and billing model. At $25K, the cheapest verified route is Classic 2-Step Challenge at $129 (One-time fee), which needs $161 of profit at a 80% split before the fee is back in your pocket.
The Funded Trader's own products disagree on 11 terms. On evaluation steps it is 1-step on Knight Challenge and Knight Pro Challenge and Classic 1-Step Challenge, versus 2-step on Royal Challenge and Royal Pro Challenge and Classic 2-Step Challenge, versus 3-step on Dragon Challenge. Which product you buy decides that rule, not which firm you sign with — a firm-level table cannot show this.
The Funded Trader is cheaper within the shared USD one-time class: Classic 2-Step Challenge at $129 — $129 less than Apex Trader Funding's cheapest route at this tier (Intraday Trail - Standard, $258) — 50% cheaper.
| Product | Cost to funded | Break-even profit | R-multiple | Days @ 1%/day |
|---|---|---|---|---|
| Classic 2-Step ChallengeThe Funded Trader · One-time · 80% split | $129One-time fee | $161at 80% split | 0.08vs 8% max DD | 1 |
| Classic 1-Step ChallengeThe Funded Trader · One-time · 80% split | $139One-time fee | $174at 80% split | 0.12vs 6% max DD | 1 |
| Intraday Trail - StandardApex Trader Funding · One-time · 100% split | $258Fee + tier activation | $258at 100% split | 0.26vs $1,000 tier max loss | — |
R-multiple is break-even profit divided by that product's own maximum permitted loss — under 1.00 means you can lose more than you need to make to win the fee back. Day count assumes 1% account growth per day, capped by the product's own daily loss limit. Blank cells are figures the firm does not publish.
Each cell shows every value that firm's current products hold. Where a firm disagrees with itself the products are named — those are the rows a firm-level table has to flatten, and the ones that decide whether your strategy is allowed. 11 of 16 rows split this way in this matchup.
| Term | Apex Trader Funding | The Funded Trader |
|---|---|---|
| Evaluation steps | 1-step | 1-stepKnight Challenge, Knight Pro Challenge, Classic 1-Step Challenge 2-stepRoyal Challenge, Royal Pro Challenge, Classic 2-Step Challenge 3-stepDragon Challenge |
| Profit split | 100% | Not publishedKnight Challenge, Knight Pro Challenge, Royal Challenge, Royal Pro Challenge, Dragon Challenge 80%Classic 1-Step Challenge, Classic 2-Step Challenge |
| Drawdown method | EOD trailingEOD Trail - Standard, EOD Trail - No Activation Fee TrailingIntraday Trail - Standard, Intraday Trail - No Activation Fee | StaticKnight Challenge, Classic 1-Step Challenge, Royal Challenge, Royal Pro Challenge, Classic 2-Step Challenge, Dragon Challenge Not publishedKnight Pro Challenge |
| Daily loss cap | Fixed $ per tierEOD Trail - Standard, EOD Trail - No Activation Fee Not publishedIntraday Trail - Standard, Intraday Trail - No Activation Fee | 3%Knight Challenge, Knight Pro Challenge, Classic 1-Step Challenge 5%Royal Challenge, Royal Pro Challenge, Dragon Challenge 4%Classic 2-Step Challenge |
| Max loss cap | Fixed $ per tier | 10%Royal Challenge, Royal Pro Challenge, Dragon Challenge 8%Knight Challenge, Knight Pro Challenge, Classic 2-Step Challenge 6%Classic 1-Step Challenge |
| Funded drawdown | EOD trailingEOD Trail - Standard, EOD Trail - No Activation Fee TrailingIntraday Trail - Standard, Intraday Trail - No Activation Fee | StaticKnight Challenge, Classic 1-Step Challenge, Royal Challenge, Royal Pro Challenge, Classic 2-Step Challenge, Dragon Challenge Not publishedKnight Pro Challenge |
| Min trading days | 1 | 5Knight Challenge, Royal Challenge, Royal Pro Challenge 1Knight Pro Challenge, Dragon Challenge 3Classic 1-Step Challenge, Classic 2-Step Challenge |
| Max trading dayssame | Unlimited | Unlimited |
| Consistency rulesame | None published | None published |
| First payout after | 5 days | 7 daysClassic 1-Step Challenge, Dragon Challenge Not publishedKnight Challenge, Knight Pro Challenge 14 daysClassic 2-Step Challenge 2 daysRoyal Pro Challenge 30 daysRoyal Challenge |
| Payout frequency | Weekly | Bi-weeklyClassic 1-Step Challenge, Royal Challenge, Classic 2-Step Challenge On demandKnight Challenge, Knight Pro Challenge Not publishedRoyal Pro Challenge WeeklyDragon Challenge |
| News trading | Conditional | AllowedKnight Challenge, Knight Pro Challenge, Classic 1-Step Challenge, Royal Pro Challenge, Classic 2-Step Challenge Not allowedRoyal Challenge, Dragon Challenge |
| Weekend holding | Not allowed | AllowedKnight Challenge, Knight Pro Challenge, Classic 1-Step Challenge, Royal Challenge, Royal Pro Challenge, Classic 2-Step Challenge Not allowedDragon Challenge |
| Overnight holding | Not allowed | Not published |
| EAs / algos | Not allowed | Allowed |
| Copy trading | Conditional | Allowed |
Apex moved new purchases to 4 one-time evaluation paths
Older Apex reviews can describe a different billing and drawdown structure. Match any comparison to the product name shown at checkout.
Every figure above is read from these pages. Products older than 30 days are removed from the comparison until they are recaptured, so a missing product means stale data, not a discontinued plan.
Scored out of 5 by Trustpilot users, not by us. Where Trustpilot has pulled a firm's aggregate rating we say so rather than leaving a blank.
Every firm pair has a page. Browse the hub or open the full directory.