Track your daily drawdown limits for Apex Trader Funding evaluation and funded accounts.
Like TopStep, Apex Trader Funding uses a trailing [drawdown](/glossary/trailing-drawdown) that rises with your profits until it locks at your initial starting balance. This makes the early days of the evaluation the most dangerous — your floor is close to your current balance before you've built a profit buffer.
Apex-specific tip: Apex allows multiple accounts simultaneously. This is an advantage, but also a risk — trading multiple accounts at the same time means correlated drawdowns if market conditions turn against you across all positions simultaneously. Manage each account's daily limit independently.
Prop Firm Challenge
A paid evaluation where traders prove they can hit a profit target while respecting drawdown limits — passing earns a funded account.
Daily Drawdown
The maximum percentage or dollar loss allowed within a single trading day — a hard limit used by most prop firms to prevent catastrophic single-day losses.
Trailing Drawdown
A drawdown limit that follows your account's highest equity point upward but never moves down — making your floor progressively tighter as profits grow.
Profit Target
The percentage gain required to pass a prop firm evaluation phase — typically 8–10% for Phase 1 and 4–5% for Phase 2.
Apex Trader Funding uses a trailing drawdown model on most plans. The trailing drawdown rises with your profits until it locks at your starting balance. Daily loss limits vary by plan — check your specific Apex account dashboard for exact limits.
Both use trailing drawdown models. Apex is primarily focused on CME futures traders and offers a similar evaluation structure to TopStep. Apex has historically offered more aggressive promotional pricing and multiple active accounts simultaneously.
Daily Drawdown
Track your prop firm daily drawdown limit in real time. Avoid breaching account rules with this FTMO, MyFundedFX, and Topstep-compatible calculator.
FTMO Calculator
Track your FTMO daily drawdown limit in real time. Pre-configured for FTMO's 5% daily loss rule on Challenge and Verification accounts.
Topstep Calculator
Track your Topstep daily drawdown limit. Pre-configured for Topstep's trailing drawdown structure used in the Trading Combine.