Apex Trader Funding vs TradeDay: Which Prop Firm Is Better in 2026?
A side-by-side comparison of Apex Trader Funding and TradeDay on the FundedEnigma Score, pricing, profit split, drawdown model and payouts. Both firms currently hold the same Enigma Score. Code FE applies each firm’s current discount.
Reviewed by the FundedEnigma Editorial Team · Methodology · Editorial policy · Last updated September 17, 2026
| Apex Trader Funding | TradeDay | |
|---|---|---|
| Enigma Score (firm) | 69/100 (B) | 69/100 (B) |
| Enigma Rating (best plan) | 8.0/10 (Excellent) | 8.2/10 (Excellent) |
| Best plan | Intraday Trail Evaluation 100K · $98.90 all-in | End of Day Evaluation (monthly) 150K · $180 all-in |
| Net first payout | ≈ $2,000 net | ≈ $7,200 net |
| Days to first payout | ≈ 6 trading days | ≈ 6 trading days |
| Pass Ease | 67/100 | 62/100 |
| From (with code) | $24.90 | $58.95 |
| FundedEnigma code | FE | FE |
| Current discount | 90% off | 55% off |
| Profit split | 100% payout split | 80/20 (50/50 until $4K profit) |
| Drawdown model | Intraday Trailing or EOD (chosen at purchase) | Intraday or EOD (chosen at purchase); funded sim intraday (Quick Pay) / EOD (Fast Pass) |
| Payouts | Up to weekly (after 5 qualifying days) | Daily (Quick Pay) |
| Max allocation | $150K | $150K |
| Type | futures | futures |
Why each best plan scores the way it does
TradeDay's best plan rates higher (8.2/10 (Excellent)). Reasons come from each plan's own rules and price, judged against plans with the same drawdown type.
Apex Trader FundingIntraday Trail Evaluation 100K
- +No daily loss limit
- +No consistency rule in eval
- +Pass in as little as 1 day
- +Bigger loss buffer per $ than most peer plans
- +Withdraw up to $172,000/month across 20 accounts
- +Reviews praise: Fast payouts (10%)
- +Reviews praise: Helpful support (7%)
- −Intraday trailing drawdown in eval
- −Intraday trailing drawdown once funded
- −50% consistency rule once funded
- −$3,100 profit buffer before the first withdrawal
- −First payout capped at $2,000
- −Reviews mention: Scam accusations (7%)
TradeDayEnd of Day Evaluation (monthly) 150K
- +End-of-day drawdown in eval
- +No daily loss limit
- +Higher first-payout return per $ than most end-of-day plans
- +Bigger loss buffer per $ than most peer plans
- +Reviews praise: Helpful support (12%)
- +Reviews praise: Fast payouts (10%)
- −Intraday trailing drawdown once funded
- −30% consistency rule in eval
- −5 trading days minimum
- −Reviews mention: Scam accusations (5%)
Key differences
- Apex Trader Funding is cheaper to start — from $24.90 vs $58.95 (a $34.05 difference) with code FE.
- Apex Trader Funding has the higher profit split (100% payout split vs 80/20 (50/50 until $4K profit)), so you keep more of what you earn.
- Drawdown models differ: Apex Trader Funding uses Intraday Trailing or EOD (chosen at purchase), while TradeDay uses Intraday or EOD (chosen at purchase); funded sim intraday (Quick Pay) / EOD (Fast Pass) — often the deciding factor for active traders.
- Payout schedules differ: Apex Trader Funding — Up to weekly (after 5 qualifying days); TradeDay — Daily (Quick Pay).
- Apex Trader Funding has the bigger live discount right now — 90% off vs 55%, via code FE.
Which should you choose?
Choose Apex Trader Funding if you want a lower entry cost, a higher profit split (100% payout split) and a bigger current discount (90% off).
Choose TradeDay if you prefer its drawdown model or payout schedule shown in the table above.
Frequently asked questions
- Is Apex Trader Funding or TradeDay better?
- Apex Trader Funding and TradeDay currently hold the same Enigma Score. The better choice depends on cost, drawdown model and payout speed — compare them in the table above.
- Which is cheaper, Apex Trader Funding or TradeDay?
- Apex Trader Funding is cheaper to start, from $24.90 with code FE versus $58.95 for TradeDay.
- Which has the higher profit split?
- Apex Trader Funding offers the higher profit split (100% payout split) compared with 80/20 (50/50 until $4K profit) at TradeDay.
- How do payouts compare?
- Apex Trader Funding pays out up to weekly (after 5 qualifying days), while TradeDay pays out daily (quick pay). Check each firm's first-payout rules on its review page before deciding.
Read the full reviews: Apex Trader Funding · TradeDay · How the Enigma Score works