Apex Trader Funding vs Topstep

Rule-by-rule comparison from each firm's own website, last verified . The marked figure is the stronger one on that line.

Quick take

  • Cheaper entry: Topstep ($49 vs $167).
  • Higher headline split: Apex Trader Funding (100%).
  • Faster payout cycle: Apex Trader Funding (Weekly).
  • Higher Trustpilot rating: Apex Trader Funding (4.2).
  • Overall PA Score: Apex Trader Funding 6.5 vs Topstep 6.4.

Apex Trader Funding stronger on 4Topstep stronger on 4of 9 lines where both publish a comparable figure

Apex Trader Funding compared with Topstep
Apex Trader Funding6.5 PA ScoreTopstep6.4 PA Score
PA Score6.5 (stronger figure)6.4
Trustpilot4.221,430 (stronger figure)3.714,989
FoundedNot published2012 (stronger figure)
HQAustin, TX (mailing address)Chicago, IL
MarketsFutures, Indices, Commodities (stronger figure)Futures
Challenge types1-step1-step
Entry fee from$167$49 (stronger figure)
Cost per $1K allocation$4.98$0.98 (stronger figure)
Largest account$150K$150K
Profit target6%6%
Daily loss limitnone (Intraday); $500-$2K (EOD)optional (automatic in Live Funded)
Max drawdown$1,000-$4,000$2,000-$4,500
Drawdown typeintraday trailing or EOD trailingEOD trailing (locks at starting balance)
Profit split100% (stronger figure)90%
LeverageNot publishedNot published
PlatformsRithmic, Tradovate, NinjaTrader, WealthChartsTopstepX
Payout frequencyevery 5 qualifying trading days (up to weekly)after 5 winning days $150+ (Standard) or 3 days w/ 40% consistency (Consistency path)
First payout (days)53 (stronger figure)
Min trading days02
Consistency rule50% (PA payouts); none in eval55% best-day rule in Combine; 40% on XFA Consistency path
News tradingNot publishedNot published
Weekend holdingNot publishedNot published
Discount code90% off all evals (time-limited banner)Not published
Visit site (opens Apex Trader Funding in a new tab)Visit site (opens Topstep in a new tab)

Not published means we could not find the figure on the firm's own site. Sources are listed on each firm page.