Apex Trader Funding — rules, explained
The numbers below are the same dataset PAPA's live compliance engine runs on —
3 programs (1 evaluation), each with its
verification date and sources.
⚠ Prop firms change rules often and promos are constant. Every figure below carries the date we
last verified it — treat your firm dashboard as the final word, and tell us if something moved.
50K Full Evaluation Evaluation
| Profit target(s) | 6% |
|---|
| Daily loss limit | none |
|---|
| Max overall loss | 5% (trailing) |
|---|
| Min trading days | 1 |
|---|
| Consistency rule | none |
|---|
50K: $3,000 target (6%), NO daily limit on evaluation (set to 100% here so the daily bar never binds), $2,500 (5%) trailing INTRADAY drawdown — PAPA's intraday-high trail is the closest model. One-day minimum.
PA 50K (4.0, EOD-trail) Funded account
| Profit target(s) | — (funded/instant) |
|---|
| Daily loss limit | 2% |
|---|
| Max overall loss | 4% (trailing) |
|---|
| Min trading days | — |
|---|
| Consistency rule | 50% best-day rule |
|---|
$2,000 EOD trailing drawdown (moves only on end-of-day balance) that locks permanently at $50,100 once the $52,100 safety net is reached; hitting it CLOSES the account. 50% consistency (no day ≥50% of profit since last payout). Payout ladder $1,500→$3,000 over 6 payouts, 5 qualifying days ($250+), min $500, 100% split — the account closes after payout #6. Apex 4.0 from ~2026-03.
Verified 2026-07-12 · source
PA 50K (4.0, Intraday-trail) Funded account
| Profit target(s) | — (funded/instant) |
|---|
| Daily loss limit | none |
|---|
| Max overall loss | 4% (trailing) |
|---|
| Min trading days | — |
|---|
| Consistency rule | 50% best-day rule |
|---|
$50K Performance Account (Apex 4.0, intraday-trail variant): no daily loss limit; $2,000 trailing drawdown off the real-time peak equity (incl. Payouts need 5 days of $200+, a $52,100 safety net, and a 50% consistency rule (no day ≥50% of profit since last payout); weekly, min $500, 100% split within ladder caps. Apex 4.0 took effect ~2026-03-01.)
Verified 2026-07-12 · source