Apex Trader Funding vs TradeDay: Which Prop Firm Is Better in 2026?
In short: Both firms currently hold the same Enigma Score. Apex Trader Funding starts at $24.90 with a 100% payout split split; TradeDay starts at $53 with a 80/20 (50/50 until $4K profit) split. Code FE applies each firm’s current discount. The full side-by-side on Enigma Score, pricing, drawdown model and payouts follows.
By Steve H — reads every firm’s official rulebook, checks prices and codes daily, and maintains the Enigma Score · Methodology · Editorial policy · Last updated November 2, 2026
| Apex Trader Funding | TradeDay | |
|---|---|---|
| Enigma Score (firm) | 69/100 (B) | 69/100 (B) |
| Enigma Rating (best plan) | 7.9/10 (Strong) | 8.3/10 (Excellent) |
| Best plan | EOD Trail Evaluation (No Activation Fee) 100K · $159 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 | 81/100 | 62/100 |
| From (with code) | $24.90 | $53 |
| 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 (8.3/10 (Excellent)). Reasons come from each plan's own rules and price, judged against plans with the same drawdown type.
Apex Trader FundingEOD Trail Evaluation (No Activation Fee) 100K
- +End-of-day drawdown in eval
- +End-of-day drawdown once funded, locks at the start balance
- +No consistency rule in eval
- +Pass in as little as 1 day
- +Withdraw up to $172,000/month across 20 accounts
- +Reviews praise: Helpful support (12%)
- +Reviews praise: Fast payouts (8%)
- −Daily loss limit $1,500
- −50% consistency rule once funded
- −$3,100 profit buffer before the first withdrawal
- −First payout capped at $2,000
TradeDayEnd of Day Evaluation (monthly) 150K
- +End-of-day drawdown in eval
- +No daily loss limit
- +Higher first-payout return per $ than most plans in this market
- +Bigger usable loss buffer per $ than most plans in this market
- +Up to $60,000 of sim payouts before the move to live (6 accounts)
- +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 $53 (a $28.10 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.
Apex Trader Funding and TradeDay on video
- TradeDay Quick Pay Intraday In About A Minute: A Monthly Evaluation With An Intraday Trailing Drawdown, Then Payouts From Your First Funded Day, With No Buffer.
- 9/10 (Strong) Against Apex Intraday Trail 50K.
Prices and rules in this video are as of 2026-10-07 and may have changed — the current prices on this page were verified 2026-11-02.
- All Three TradeDay Plans In One Video: Quick Pay Intraday (Paid From Day One, No Buffer, Intraday Drawdown), Quick Pay End Of Day (End-Of-Day Drawdown To Pass, Paid From Day One) And Fast Pass (Pass In 3 Days, End-Of-Day Drawdown Once Funded, 80/20).
Prices and rules in this video are as of 2026-10-07 and may have changed — the current prices on this page were verified 2026-11-02.
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 $53 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.
- Are there discount codes for Apex Trader Funding and TradeDay?
- FundedEnigma's current deals — Apex Trader Funding: code FE (90% off right now); TradeDay: code FE (55% off right now). Discounts change often, so these are updated daily.
Read the full reviews: Apex Trader Funding · TradeDay · How the Enigma Score works