Apex EOD vs Intraday drawdown: which suits how you trade

At a glance

EOD and Intraday drawdown, side by side

Like account size, the drawdown type can’t be changed after checkout. Here’s how each drawdown moves, with Apex’s numbers and a calculator for your own account.

Both types use the same profit targets and max drawdowns, from a $1,500 target and $1,000 drawdown on a 25K to $9,000 and $4,000 on a 150K. The main difference is how the threshold moves. EOD evaluations also have a daily loss limit and cost more. In the Performance Account, the minimum profit for a qualifying day and the payout caps differ slightly.

EOD drawdown

How the EOD drawdown moves

Apex recalculates the EOD threshold once a day, at the close, from your closing balance. It trails your highest close and never moves down.

That level then holds for the whole next session, and Apex enforces it in real time, open trades included. Touch it at any moment and your positions are liquidated, even if your balance would have recovered by the close.

Four days on a 50K EOD account

The 50K has a $2,000 max drawdown, so the threshold starts at $48,000.

Illustration only, not a recommendation. Hypothetical numbers that show how Apex calculates the rule. Not a trading result.

Day 2 closed lower. Day 3 closed higher than Day 2 but still below Day 1, so the threshold stayed at $48,600 both times. Only a new highest close moves it. During any of these sessions, a trade could also run well into profit and come back without moving it.

The daily loss limit in EOD evaluations

EOD evaluations add a daily loss limit: $500 on a 25K up to $2,000 on a 150K. It doesn’t grow as you make profit, and open trades count toward it. If your loss for the session reaches it, Apex liquidates your positions and pauses trading until the next session opens at 6:00 PM ET. The account stays active, and the threshold isn’t affected: the two are separate rules.

Intraday drawdown

How the Intraday trailing drawdown moves

The Intraday threshold follows your highest balance in real time, and that high includes open profit. It never moves down, and it doesn’t reset each day.

One trade on a 50K Intraday account

1. You start the session at $50,000. The threshold is $48,000.
2. A trade runs to $700 of open profit. Your high is now $50,700, so the threshold moves to $48,700 at once, before the trade closes.
3. The trade comes all the way back and you exit at break-even. Your balance is $50,000 again, and the threshold stays at $48,700.

Illustration only, not a recommendation. Hypothetical numbers that show how Apex calculates the rule. Not a trading result.

Open profit you give back comes out of your room. You made nothing on the trade, but your room to the threshold has gone from $2,000 to $1,300. On an EOD account, the same day would leave the threshold at $48,000, because the close set no new high. That’s the main argument for EOD.

In return, Intraday evaluations have no daily loss limit. Apex controls their risk through the trailing threshold alone.

Stop levels

When the threshold stops trailing

In a Performance Account, the threshold stops trailing at the starting balance plus $100. In an evaluation, it depends on the platform. The rules are the same for EOD and Intraday.

Tradovate evaluations have no stop: the threshold keeps trailing your highest balance.

On Rithmic and WealthCharts, an evaluation’s threshold stops at the profit target balance. In both cases it locks once your high reaches the stop level plus the max drawdown: $52,100 for a 50K PA, or $55,000 for a 50K evaluation. On EOD, the high is your highest close. On Intraday, it’s your highest balance, open profit included.

Calculator

Check your own threshold

Set your account size and stage, then enter your highest and current balances. You’ll see where the threshold sits and how much room is left. It’s rule math, not a forecast.

Prices

What each type costs

Apex’s list price, the estimated price during Apex’s sale, and the one-time activation fee you pay only if you pass. Coupon codes don’t discount that fee.

Apex’s list price and the one-time activation fee you pay only if you pass. Coupon codes don’t discount that fee.

EOD evaluations list higher than Intraday ones at every size, from $490 against $167 on a 25K to $2,190 against $1,190 on a 150K. EOD activation fees are $10 to $30 higher too. Both types also come as No Activation Fee evaluations, with the same rules and a $0 activation fee. Our pricing guide has those prices too, plus 5-packs and Apex’s price history.

Apex list prices as of Oct 22, 2026. Sale shown on Apex’s homepage on Oct 22, 2026.

Estimates take 90% off Apex’s list prices, as in Apex’s sale ending Oct 22, 11:59 PM ET. Apex’s checkout shows the final price. If Apex is running a sale, its checkout shows the discount. You pay the activation fee within 7 days of passing, and coupon codes don’t apply to it.

Performance Accounts

What differs after you pass

If you pass, you have 7 calendar days to activate a Performance Account of the same size and drawdown type. A PA is a simulated funded account.

The daily loss limit difference goes away in the PA: both types have one, set by a scaling tier that follows your balance at the close. A few payout rules still differ by type.

Minimum profit for a qualifying day

A day qualifies when its net profit reaches the minimum. You need 5 of them before you can request a payout, and the other payout rules still apply.

Intraday Performance Accounts also have slightly higher payout caps on 50K and up. Our payouts guide has the cap tables.

Weighing it up

The trade-offs between EOD and Intraday

Each drawdown gives something up. Which trade-off matters more depends on how you trade.