Apex EOD Review 2026: Full Breakdown + Real EV For Traders
Apex's EOD product: drawdown recalculates once per day at market close and is enforced intraday the next session. Eval has a Fixed DLL ($500/$1k/$1.5k/$2k by size) — a discipline guardrail that distinguishes it from the Intraday variant. PA stops trailing at start+$100 (breakeven lock). 100% trader split, max 6 payouts per PA, then re-qualify. Apex 4.0 removed account resets — failed evals require a new purchase.
At a glance
Apex EOD account sizes
| Account | Eval cost | Profit target | Max DD | Daily loss | Reset cost |
|---|---|---|---|---|---|
| $25k | $35 | $1,500 | $1,000 | $500 | No resets |
| $50k | $32 | $3,000 | $2,000 | $1,000 | No resets |
| $100k | $60 | $6,000 | $3,000 | $1,500 | No resets |
| $150k | $80 | $9,000 | $4,000 | $2,000 | No resets |
Is Apex EOD right for you?
- Traders who want EOD drawdown safety (no intraday wick risk on the PA)
- Anyone who prefers a Fixed DLL guardrail on the eval to enforce daily risk caps
- High-volume traders running multiple PAs (Apex allows up to 20 accounts)
- EOD drawdown — intraday equity dips don't bust you as long as you close above the trail
- PA drawdown LOCKS at start+$100 once trail is reached — only your earned cushion is at risk after that
- 100% trader payout split (the highest in the industry post-4.0)
- Max contracts: 4/6/8/12 on eval, scaling-tier-based on PA
- 30-day eval access — no monthly billing pressure
- VPS allowed (discretionary trading with persistent connection)
- Multiple payout methods: ACH, wire, PayPal (PayPal fastest)
- Apex 4.0 REMOVED resets — a failed eval means buying a fresh one at full price
- Eval has a Fixed DLL — wicky strategies can trip it on a single bad trade
- 50% consistency rule on PA payouts (best day < 50% of cycle profit) — resets after each payout
- $99 activation fee on EOD (vs $79 on Intraday)
- Max 6 payouts per PA — then PA closes and you re-qualify
- 30-day access period on eval — long enough for most strategies but not unlimited
Apex EOD trading rules explained
EOD trailing drawdown: calculated ONCE per day at 4:59:59 PM ET based on closing balance, then enforced intraday the next session. Threshold trails UP with new EOD highs and never moves down. PA stops trailing at start+$100; eval (Tradovate) trails indefinitely. Hitting the threshold INTRADAY (any moment) triggers immediate liquidation and fails the eval / closes the PA.
Fixed Daily Loss Limit on EOD eval: $500 (25k) / $1,000 (50k) / $1,500 (100k) / $2,000 (150k). Enforced intraday. Hitting DLL restricts further trades for the session but doesn't bust the account (as long as MLL isn't reached). PA has a tier-based DLL that we don't model in the funded sim.
NO consistency rule on the eval (you can pass in 1 day). 50% consistency rule on PA PAYOUTS: best winning day cannot exceed 50% of total profit accumulated since the last approved payout. Resets after each payout.
Standard CME futures session. No overnight holds required on the EOD product (the threshold recalculates after settlement).
All CME-group futures including micros. Hedging across multiple accounts is prohibited.
NO resets in Apex 4.0. A failed eval requires purchasing a new evaluation at the current price. This is the biggest structural change from Apex 3.0 and meaningfully raises the effective cost-to-funded for traders who can't pass on first attempt.
Rithmic, Tradovate, NinjaTrader, Wealthcharts, and several third-party providers. VPS allowed. Fully automated bots are not.
Apex EOD payout rules
How Apex EOD stacks up
| Firm | Eval $ | Activation | Profit split | DD type |
|---|---|---|---|---|
| Apex EOD | $32 | $99 | 100% | EOD · locks |
| Apex Intraday | $32 | $79 | 100% | Intraday trailing |
| TopStep Standard | $49 | $149 | 90% | EOD · locks |
Apex EOD FAQ
›Apex EOD vs Apex Intraday — which should I pick?
EOD if you're a wicky scalper or your strategy occasionally has big intraday excursions. The EOD drawdown only recalculates at market close, so an intraday dip that recovers won't bust you. Intraday if you scalp clean with tight stops and want the cheaper $79 activation (and no DLL on the eval). Both have identical MLL amounts and profit targets per size.
›How long does the Apex EOD eval take?
No minimum days. You can pass in 1 day if you hit the profit target without breaching the EOD threshold. 30-day access period — plenty of room if you're cautious. Most positive-edge traders pass in 5-15 trading days.
›What's the realistic pass rate for Apex EOD?
Industry-wide pass rates land between 10-30% for any single attempt. Apex EOD is structurally easier than Intraday because EOD drawdown gives you more intraday breathing room. The DLL is the binding constraint — if your strategy doesn't have outsized losing days, your effective pass rate is materially higher.
›What is the EOD threshold exactly?
Your account's max-loss floor. It's calculated once per trading day at 4:59:59 PM ET based on that day's closing balance. It trails UP with new EOD highs but never moves down. Once your peak EOD balance reaches start+MLL+$100 (e.g. $52,100 for 50k), the threshold locks at start+$100 ($50,100) and stops moving. On Tradovate, the eval threshold trails indefinitely (no lock).
›Are there resets in Apex 4.0?
No. Apex 4.0 removed account resets. If you fail the eval, you purchase a fresh evaluation. This is why we set reset_cost = 0 in the data (no reset offered) and amortize the eval cost across attempts via the cost-to-funded math.
›How fast does Apex pay?
Up to weekly payouts once you have 5 qualifying trading days (each meeting the minimum profit). 1-3 business days processing once approved. PayPal is fastest; ACH/wire follow standard banking timelines.
›Does Apex allow news trading?
Yes. News trading is permitted and rules don't tighten during events. The trailing drawdown still applies in real time though, so many traders sit out FOMC/CPI to protect their cushion.
Ready to see your personal EV at Apex EOD?
Type your trading stats — we run the Monte Carlo against Apex EOD's actual rules and tell you the expected dollar value of one eval attempt.
Last verified May 25, 2026. See the math behind these numbers →