Apex Trader Funding vs TradeDay
In-depth comparison of Apex Trader Funding and TradeDay. Compare pricing, evaluation rules, payout structures, and platforms to choose the best prop firm for your trading style.
Apex Trader Funding
TradeDay
Quick Comparison
| Feature | Apex Trader Funding | TradeDay |
|---|---|---|
| Rating | 4.8/5 | 4.5/5 |
| Starting Price | $147/mo | $169/mo |
| Evaluation Phases | 1 phase | 2 phases |
| Profit Target | 6% | 6% |
| Max Drawdown | 5% | 5% |
| Profit Split | 90% | 80% |
| Payout Frequency | Bi-weekly | Bi-weekly |
| Platforms | RithmicTradovateNinjaTrader | RithmicTradovateNinjaTrader |
Pricing
Apex Trader Funding starts at $147/mo while TradeDay starts at $169/mo. Apex Trader Funding offers more affordable entry points.
Evaluation Rules
Apex Trader Funding has 1 phase(s) with 5% max drawdown. TradeDay has 2 phase(s) with 5% max drawdown. Apex Trader Funding has more lenient evaluation rules.
Payout Structure
Apex Trader Funding offers 90% profit split with Bi-weekly payouts. TradeDay offers 80% with Bi-weekly payouts. Apex Trader Funding provides better profit sharing.
Platform Options
Apex Trader Funding supports 3 platform(s): Rithmic, Tradovate, NinjaTrader. TradeDay supports 3 platform(s): Rithmic, Tradovate, NinjaTrader. Both offer similar platform options.
Apex Trader Funding - Pros & Cons
Pros
- 90% profit split
- No daily loss limit
- Multiple platforms
Cons
- Trailing drawdown
- Monthly subscription
TradeDay - Pros & Cons
Pros
- Multiple platforms
- Good pricing
Cons
- Two-phase
- Standard rules
Final Verdict
Based on our comprehensive analysis, Apex Trader Funding edges ahead with a 4.8/5 rating compared to 4.5/5.