PropValue

Head to head · 50K futures

vs

Take Profit Trader vs Apex Trader Funding

Take Profit Trader is the better value per attempt for 4 of our 5 example strategies, across 5 simulated accounts.

Winner by trading strategy

StrategyTake Profit TraderApex Trader FundingBetter value per attempt
ScalperTest 50K + PRO: $458 EV, 12% chance of $2,500Intraday 50K (with activation fee): $186 EV, 4% chance of $2,500Take Profit Trader Test 50K + PRO
Momentum day traderTest 50K + PRO: $626 EV, 13% chance of $2,500Intraday 50K (with activation fee): $462 EV, 9% chance of $2,500Take Profit Trader Test 50K + PRO
Home-run hitterTest 50K + PRO: $565 EV, 12% chance of $2,500EOD 50K (with activation fee): $442 EV, 9% chance of $2,500Take Profit Trader Test 50K + PRO
Steady grinderTest 50K + PRO: $670 EV, 16% chance of $2,500Intraday 50K (with activation fee): $335 EV, 6% chance of $2,500Take Profit Trader Test 50K + PRO
News traderTest 50K + PRO: news restrictedIntraday 50K (with activation fee): $487 EV, 9% chance of $2,500Apex Trader Funding Intraday 50K (with activation fee)

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

Take Profit Trader
Test 50K + PRO
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)
Price$102/mo$119$80$59$25
Activation$130NoneNone$129$79
Profit target$3,000$3,000$3,000$3,000$3,000
Drawdown (eval)$2,000 end-of-day trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing
Drawdown (funded)$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing
Daily loss limitNone$1,000 (pauses the day)$1,000 (pauses the day)$1,000 (pauses the day)$1,000 (pauses the day)
Consistency (eval)Best day ≤ 50% of profitNoneNoneNoneNone
Consistency (funded)NoneBest day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 50% of profit
Split80%100%100%100%100%
First payout$2,000 buffer kept in the account · minimum $0 · no cap5 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 $1,500
Later payoutsas often as daily · no cap5 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 live
News tradingRestrictedAllowedAllowedAllowedAllowed
Micro-scalping ruleNoneNoneNoneNoneNone
Copy tradingOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts only
Max funded accounts520202020
Max loss per tradeNo 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 tradingYes: the firm can refuse payouts or close accounts for gambling-style trading

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