PropValue

Head to head · 50K futures

vs

Apex Trader Funding vs Tradeify

Apex Trader Funding is the better value per attempt for 3 of our 5 example strategies, across 7 simulated accounts.

Winner by trading strategy

StrategyApex Trader FundingTradeifyBetter value per attempt
ScalperIntraday 50K (with activation fee): $186 EV, 4% chance of $2,500Lightning 50K (straight to funded): $596 EV, 13% chance of $2,500Tradeify Lightning 50K (straight to funded)
Momentum day traderIntraday 50K (with activation fee): $462 EV, 9% chance of $2,500Select 50K (Flex funded): $454 EV, 11% chance of $2,500Apex Trader Funding Intraday 50K (with activation fee)
Home-run hitterEOD 50K (with activation fee): $442 EV, 9% chance of $2,500Select 50K (Flex funded): $376 EV, 10% chance of $2,500Apex Trader Funding EOD 50K (with activation fee)
Steady grinderIntraday 50K (with activation fee): $335 EV, 6% chance of $2,500Lightning 50K (straight to funded): $1,044 EV, 24% chance of $2,500Tradeify Lightning 50K (straight to funded)
News traderIntraday 50K (with activation fee): $487 EV, 9% chance of $2,500Growth 50K: $446 EV, 11% chance of $2,500Apex Trader Funding Intraday 50K (with activation fee)

Better value isn't the same as getting paid more often. For the news trader, Apex Trader Funding is worth more per attempt ($487 against $446), but Tradeify reaches $2,500 more often (11% against 9%).

Chance of $2,500 = chance of passing × chance of then taking home at least $2,500, after the split, in three months of funded trading. EV = expected value per evaluation purchase over the same three months, after fees, counting every payout. 12,000 simulated attempts per account and strategy. How the model works.

Rules side by side

Apex Trader Funding
EOD 50K (no activation fee)
Apex Trader Funding
Intraday 50K (no activation fee)
Apex Trader Funding
EOD 50K (with activation fee)
Apex Trader Funding
Intraday 50K (with activation fee)
Tradeify
Growth 50K
Tradeify
Select 50K (Flex funded)
Tradeify
Lightning 50K (straight to funded)
Price$119$80$59$25$145$165$492
ActivationNoneNone$129$79NoneNoneNone
Profit target$3,000$3,000$3,000$3,000$3,000$3,000None (straight to funded)
Drawdown (eval)$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 end-of-day trailingNo evaluation
Drawdown (funded)$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 end-of-day trailing$2,000 end-of-day trailing
Daily loss limit$1,000 (pauses the day)$1,000 (pauses the day)$1,000 (pauses the day)$1,000 (pauses the day)$1,250 (pauses the day)None$1,250 (pauses the day)
Consistency (eval)NoneNoneNoneNoneNoneBest day ≤ 40% of profitNo evaluation
Consistency (funded)Best day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 35% of profitNoneBest day ≤ 20% of profit
Split100%100%100%100%90%90%90%
First payout5 winning days of $250+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $200+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $250+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $200+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $150+ · balance at start + $3,000 to request (the payout can take it below) · minimum $500 · cap $1,5005 winning days of $150+ · minimum $250 · cap $2,500 · 50% of profit withdrawable$3,000 profit first · minimum $1,000 · cap $2,000
Later payouts5 winning days of $250+ between payouts · caps $1,500, $2,000, $2,500, $2,500, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $200+ between payouts · caps $2,000, $2,500, $2,500, $3,000, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $250+ between payouts · caps $1,500, $2,000, $2,500, $2,500, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $200+ between payouts · caps $2,000, $2,500, $2,500, $3,000, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $150+ between payouts · caps $2,000, $2,500, $3,000 (last repeats) · balance back at start + $3,000 before each · drawdown floor moves up to its lock level after a payout · 3 payouts, then the account closes or moves to live5 winning days of $150+ between payouts · cap $2,500 · drawdown floor moves up to its lock level after a payout · 3 payouts, then the account closes or moves to liveas often as daily · caps $2,000, $2,000, $2,500 (last repeats) · $2,000 new profit before each · consistency then 25%, 30% (last repeats) · drawdown floor moves up to its lock level after a payout · 3 payouts, then the account closes or moves to live
News tradingAllowedAllowedAllowedAllowedAllowedAllowedAllowed
Micro-scalping ruleNoneNoneNoneNoneToo much profit from trades under 10 seconds is penalizedToo much profit from trades under 10 seconds is penalizedToo much profit from trades under 10 seconds is penalized
Copy tradingOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts only
Max funded accounts20202020555
Max loss per tradeNo limitNo limitNo limitNo limitNo limitNo limitNo limit
Gambling clauseYes: the firm can refuse payouts or close accounts for gambling-style tradingYes: the firm can refuse payouts or close accounts for gambling-style tradingYes: the firm can refuse payouts or close accounts for gambling-style tradingYes: the firm can refuse payouts or close accounts for gambling-style tradingNone foundNone foundNone found

Full detail and sources: Apex Trader Funding · Tradeify. Dotted values are estimates still to be verified.