Quick Answer — Apex Trader Funding — EOD Account Quick Facts
- • Drawdown recalculates at 4:59 PM ET — intraday peaks do not move your threshold
- • Daily loss limit (DLL): $500/$1K/$1.5K/$2K for $25K/$50K/$100K/$150K
- • Eval pricing: $177/$197/$297/$397 retail (as of April 2026)
- • PA activation fee: $99 one-time, due within 7 calendar days of passing — not covered by promo codes
- • EOD costs $59-$132 more than equivalent Intraday at retail, under $20 more on promo
- • Recommended for 90% of traders — the overnight reset removes the tick-chasing mechanic that killed most accounts under the old system
Direct experience: 2–3 years on Apex's $50K accounts, ~$16,000 paid via Wise, bought on heavy promo cycles. Post-4.0 the structure is: Evaluation ($197 EOD / $131 Intraday on $50K retail, often 90% off) → Performance Account (100% profit split, $99 EOD / $79 Intraday activation fee, not discounted) → up to 20 funded PAs running simultaneously. I tested $50K; $25K, $100K, $150K accounts are third-person in my writing. Account-by-account breakdown in Apex accounts overview, full assessment in the Apex review. Current pricing at Apex Trader Funding.
The Apex Trader Funding EOD account uses end-of-day trailing drawdown. The threshold recalculates once per day at market close (4:59 PM ET), not during the session. Intraday unrealized peaks are invisible to it. The account also includes a daily loss limit (DLL) that acts as a session-level circuit breaker. Introduced as the default account type with the 4.0 rebuild in March 2026, EOD replaced the old intraday-trailing-only structure that punished traders for holding through normal pullbacks.
For the full comparison between EOD and Intraday mechanics, including which one to pick for different trading styles, see the EOD vs Intraday deep-dive.
How the EOD trailing drawdown works
The trailing drawdown on an Apex EOD account locks in once per day. Recalculation happens at 4:59 PM ET when the market closes.
During the session, your threshold is frozen at whatever was set the night before. If your 100K EOD has a threshold of $99,500 at 9:30 AM, it stays at $99,500 all day regardless of what your PnL does intraday. You can run up $4,000 unrealized at noon, give it all back, and close flat. The threshold does not move.
At close, the system compares your closing balance to your previous account high. Two outcomes:
- New high: Threshold adjusts overnight to maintain the drawdown gap ($3,000 on 100K, $2,000 on 50K, etc.)
- No new high: Threshold unchanged. Tomorrow starts exactly where today ended.
This is the critical difference from Intraday drawdown. On an Intraday account, that $4,000 unrealized peak at noon would have already moved your threshold $4,000 higher, permanently. You would have been fighting a tighter floor for the rest of the session even though you gave the gains back.
The EOD mechanic rewards end-of-session performance, not mid-session spikes. Traders who hold positions through normal intraday volatility benefit most. Scalpers who are flat within seconds see minimal difference between EOD and Intraday.
Daily loss limit by account size
EOD accounts at Apex include a daily loss limit. Intraday accounts do not. This is a meaningful structural difference, not a minor feature.
| Account size | Daily Loss Limit | Max drawdown |
|---|---|---|
| $25K EOD | $500 | $1,000 |
| $50K EOD | $1,000 | $2,000 |
| $100K EOD | $1,500 | $3,000 |
| $150K EOD | $2,000 | $4,000 |
The DLL caps how much drawdown you can consume in a single bad session. On a 100K EOD, the DLL of $1,500 means the worst case for any one day is 50% of your total drawdown. On Intraday with no DLL, one bad afternoon can consume the entire $3,000 drawdown before you have time to reset mentally.
What happens when you hit the DLL: trading pauses for the remainder of that session. The account is not failed or terminated. You come back the next session with a fresh DLL. It functions as a forced circuit breaker, not a penalty.
The DLL is calculated from your session opening balance, not your account high. It resets each trading day.
EOD account specs by size
| Spec | $25K EOD | $50K EOD | $100K EOD | $150K EOD |
|---|---|---|---|---|
| Profit target | $1,500 | $3,000 | $6,000 | $9,000 |
| Max drawdown | $1,000 | $2,000 | $3,000 | $4,000 |
| Daily loss limit | $500 | $1,000 | $1,500 | $2,000 |
| Eval contracts | 4 | 6 | 8 | 12 |
| PA contracts (full) | 2 | 4 | 6 | 9 |
| Retail eval price | $177 | $197 | $297 | $397 |
| Safety net | $26,100 | $52,100 | $103,100 | $154,100 |
| Min qualifying day profit | $100 | $250 | $300 | $350 |
As of April 2026. [V] verified across propfirmapp.com, damnpropfirms.com, and Apex support documentation.
The PA contract column is the full limit once you clear the safety net. Before that, you trade at half: 1 contract on 25K, 2 on 50K, 3 on 100K, 4-5 on 150K. This restriction lifts once your balance clears the drawdown threshold plus $100.
Eval pricing and cost vs Intraday
EOD accounts cost more than Intraday at retail. Here is the differential at every size:
| Size | EOD retail | Intraday retail | Cost difference |
|---|---|---|---|
| $25K | $177 | $118 | +$59 EOD |
| $50K | $197 | $131 | +$66 EOD |
| $100K | $297 | $198 | +$99 EOD |
| $150K | $397 | $265 | +$132 EOD |
On Apex's 90% off promo cycles (Apex regularly runs codes like SAVENOW), those gaps compress to under $20 per account. At that price point, the EOD premium is negligible. The question is whether the DLL protection and overnight drawdown reset are worth a sub-$20 delta. For most traders, clearly yes.
The full pricing breakdown across all account types covers promo math in detail.
PA activation fee: the cost most traders miss
Passing the evaluation is not the end of the fees. To open your Performance Account, Apex charges a PA activation fee:
- EOD PA: $99 one-time
- Intraday PA: $79 one-time
This must be paid within 7 calendar days of passing the evaluation. Miss the window and you lose the passing eval. There are no extensions.
The PA activation fee is not discounted by promo codes. If you bought your 100K EOD eval for $30 on a 90% off promo, you still pay $99 to activate the PA. Total out-of-pocket on the 100K EOD at 90% off: approximately $30 eval + $99 PA = around $129 before your first withdrawal.
The dedicated PA activation fee guide covers the payment flow, what happens if you miss the window, and how Intraday compares.
This cost does not appear in most Apex reviews. It was missing from previous PTV content entirely. Build it into your cost model before buying.
Minimum qualifying day profit (EOD-specific)
To count a trading day toward the 5-day payout qualification cycle, your net profit for that session must meet a minimum threshold. EOD thresholds are higher than Intraday:
| Account size | EOD min daily profit | Intraday min daily profit |
|---|---|---|
| $25K | $100 | $100 |
| $50K | $250 | $200 |
| $100K | $300 | $250 |
| $150K | $350 | $300 |
Previous PTV articles used the Intraday figures for both account types. That was wrong. On a 50K EOD, you need $250 per qualifying day — not $200.
This matters for payout timing. If you are targeting 5 qualifying days in a row, you need to hit $250+ per session on the 50K, not $200.
Payout caps and the 6-step ladder
After activating the PA, payouts are gated by a 6-step ladder. Each step has a cap. After 6 payouts, all caps lift and you withdraw freely.
| Payout step | $25K EOD | $50K EOD | $100K EOD | $150K EOD |
|---|---|---|---|---|
| Step 1 | $1,000 | $1,500 | $2,000 | $2,500 |
| Step 2 | $1,000 | $1,500 | $2,500 | $3,000 |
| Step 3 | $1,000 | $2,000 | $2,500 [note] | $3,000 |
| Step 4 | $1,000 | $2,500 | $3,000 | $3,000 |
| Step 5 | $1,000 | $2,500 | $4,000 [note] | $4,000 |
| Step 6 | $1,000 | $3,000 | $4,000 | $5,000 |
Steps 3 and 5 on the $100K are flagged [V-CONFLICT] in sourcing — multi-source online data (damnpropfirms.com, propfirmplus.com) shows $2,500 and $4,000. PTV's legacy review showed $3,000 and $3,500. Manual verification against the official Apex help center at `apextraderfunding.com/help-center/eod-trailing-drawdown-accounts/eod-payouts/` is recommended before making withdrawal plans on those steps.
Minimum payout is $500 per withdrawal. Payouts process via Plane (international) or ACH (US domestic) within 24-48 hours. There is no manual review delay. The process is automated post-4.0.
The payout rules article covers the full ladder mechanics, consistency rule interaction, and what happens if you breach during a payout cycle.
Why EOD is recommended for most traders
The case for EOD over Intraday comes down to two structural advantages:
1. The drawdown does not chase you intraday.
Every futures trader has trades that run in their favor before reverting. On Intraday, those unrealized peaks permanently move your floor upward. EOD ignores them entirely. For traders who hold positions for minutes or longer, this is a concrete reduction in failed accounts from phantom drawdown.
I have traded across diverse $50K Apex accounts over 2-3 years and pulled around $16K in cumulative payouts. The accounts I lost were almost all intraday-trailing. The threshold would ratchet up on an unrealized runner, then I would get stopped at the new, tighter floor on a reversion. EOD removes that pattern entirely.
2. The DLL stops one bad session from ending everything.
Without a DLL, a revenge-trading spiral on a $100K Intraday account can burn $3,000 in one afternoon. On the 100K EOD, the $1,500 DLL force-stops you at half the damage. The account survives. You come back tomorrow. Forced circuit breakers are worth paying for. Most traders will hit the DLL at least once.
The traders for whom Intraday makes sense: pure scalpers with hold times under 30 seconds who are always flat and who never have positions move $500+ unrealized before closing. That is a narrow profile. For everyone else, EOD is the correct choice.
See the accounts pillar for the full account type comparison, including legacy accounts still active from pre-4.0.
Apex EOD vs Intraday: the numbers side by side
| Feature | EOD | Intraday |
|---|---|---|
| Drawdown recalculation | 4:59 PM ET close | Real-time (tick-by-tick) |
| Daily loss limit | Yes ($500/$1K/$1.5K/$2K) | No |
| Eval price premium (100K) | $297 | $198 |
| PA activation fee | $99 | $79 |
| Total EOD premium (100K at retail) | +$119 total | — |
| Min qualifying day (100K) | $300 | $250 |
| Recommended for | Position traders, swing scalpers, anyone who holds | Pure tick scalpers, flat within seconds |
For a full rule-by-rule comparison including edge cases, see the EOD vs Intraday breakdown.
Platforms for Apex EOD accounts
Platform selection applies to all Apex account types including EOD. As of April 2026, three platforms are supported:
- Rithmic: data/order connection. Works with NinjaTrader, Sierra Chart, Quantower, ATAS, Bookmap, Jigsaw as execution layer. [V]
- Tradovate: browser-based, Mac/PC, TradingView integration available. Paul's primary platform on Apex throughout 2-3 years of live accounts.
- WealthCharts: Apex-specific standalone integration.
Platform is locked at account purchase. You cannot switch mid-account. Choose before you buy.
For setup guides: Tradovate on Apex | Rithmic on Apex | WealthCharts setup | Platforms overview.
The bottom line
The Apex EOD account is the right default for most futures prop traders. The overnight drawdown reset eliminates phantom threshold-ratcheting from intraday runners. The daily loss limit caps single-session damage at half your total drawdown. The $99 PA activation fee is the one number missing from most reviews. Build it into your total cost model upfront.
At retail, EOD costs $59-$132 more than Intraday depending on size. On promo, that gap is under $20. For that difference, you get protection from the two most common account-killing patterns in prop trading: drawdown chasing unrealized peaks, and one bad session consuming everything. The cost-benefit is not close.
For the $50K specifically: I have run this size across multiple parallel accounts. The $1,000 DLL and 4 PA contracts hit a practical sweet spot: enough size to generate meaningful payouts without requiring the larger capital target of the 100K. Traders new to Apex who are not sure of their size should start at 50K EOD, not 25K.
If you want to see how EOD compares to the old Apex system in detail, the Apex 4.0 six-weeks-in retrospective covers what actually changed in March 2026 and how the community has responded.
Frequently Asked Questions
What is the Apex Trader Funding EOD account?
The Apex Trader Funding EOD (end-of-day) account uses a trailing drawdown that only recalculates at market close, 4:59 PM ET. Intraday unrealized peaks do not move the threshold during the session. It is available in four sizes: $25K, $50K, $100K, and $150K. EOD became the default account type with the 4.0 rebuild in March 2026.
How does the EOD drawdown recalculation work?
At 4:59 PM ET, Apex checks your closing balance. If it is a new account high, the trailing threshold adjusts overnight to maintain the drawdown gap ($3K on 100K). If the closing balance is not a new high, nothing changes. Any unrealized gain you were sitting on mid-session that did not close is invisible to the calculation.
What is the daily loss limit on Apex EOD accounts?
EOD accounts include a session-level daily loss limit: $500 on $25K, $1,000 on $50K, $1,500 on $100K, and $2,000 on $150K. Hitting the DLL pauses trading for the rest of that session. The account is not failed. Trading resumes the next session. Intraday accounts have no DLL.
How much does the Apex EOD account cost?
Retail pricing as of April 2026: $25K = $177, $50K = $197, $100K = $297, $150K = $397. Apex regularly runs codes like SAVENOW for 90% off, bringing these to under $40. There is no monthly billing. One-time eval fee only.
What is the PA activation fee for the Apex EOD account?
After passing the evaluation, you pay a $99 PA activation fee to open your Performance Account. This must be paid within 7 calendar days of passing. It is not discounted by promo codes like SAVENOW. It is always $99. The Intraday equivalent is $79.
How much does EOD cost compared to Intraday at Apex?
At retail: $25K EOD ($177) vs Intraday ($118) = $59 more. $50K: $197 vs $131 = $66 more. $100K: $297 vs $198 = $99 more. $150K: $397 vs $265 = $132 more. On 90% promo, the gap compresses to under $20 per size. The PA activation fee difference is also $20 ($99 EOD vs $79 Intraday).
Why is the EOD account recommended over Intraday?
The overnight drawdown reset means intraday drawdowns do not permanently shrink your trading room. A session where you run up $2,000 unrealized and close flat does nothing to your threshold. On Intraday, that same peak would have moved the threshold $2,000 higher. The EOD DLL also acts as a circuit breaker, capping single-session damage. Intraday accounts lack this entirely.
How many contracts can I trade on Apex EOD accounts?
Eval contract limits: $25K = 4, $50K = 6, $100K = 8, $150K = 12. PA contract limits (after passing): $25K = 2, $50K = 4, $100K = 6, $150K = 9. PA contracts are roughly half the eval limit. Until your EOD balance clears the drawdown threshold plus $100, you are further restricted to half your PA contract max.
What is the half-contract restriction on Apex PA accounts?
When you first open a Performance Account, you trade at half your max PA contract limit until your balance exceeds the drawdown threshold plus $100 (the safety net). On a 100K EOD, that means trading with 3 contracts (half of 6) until your balance clears $103,100. After that, full 6-contract access unlocks at the next session.
What is the safety net on the Apex 100K EOD?
The safety net is $103,100: starting balance ($100,000) plus drawdown ($3,000) plus $100. Your balance must stay above this threshold to submit payout requests. On the 50K, it is $52,100. On the 150K, it is $154,100.
Does Apex have a minimum daily profit requirement on EOD accounts?
Yes. To count a day as a qualifying payout day, you need a minimum daily profit: $100 on $25K EOD, $250 on $50K EOD, $300 on $100K EOD, $350 on $150K EOD. These are EOD-specific thresholds, higher than the Intraday minimums ($100/$200/$250/$300 respectively).
Can I hold positions overnight on an Apex EOD account?
No. All positions must be closed by 4:59 PM ET. Apex closes them automatically if you do not. The EOD label refers to when drawdown recalculates, not to overnight holding privileges. EOD accounts are still intraday-only in terms of position management.
What is the payout minimum on an Apex EOD Performance Account?
Minimum payout is $500. Payouts process within 24-48 hours via Plane (international) or ACH (US). There is no manual review delay. Payouts are automated post-4.0. The first payout cycle on a 100K EOD is capped at $2,000 regardless of balance.