Master the Rules.
Pass Your Evaluation.
A successful evaluation starts with understanding the fine print. We break down every key rule — from trailing drawdowns to daily limits — so you don’t lose your account on a technicality.
Detailed Partner Comparison
All key parameters in one place. Scroll right on mobile.
| Feature | Apex Funding | TakeProfit Trader | Tradeify | Lucid Trading |
|---|---|---|---|---|
| Drawdown Type | Trailing (Live) | EOD | Trailing / EOD | Trailing (Live) |
| Evaluation Steps | 1-Step or 2-Step | 2-Step | 1-Step or 2-Step | 2-Step |
| Profit Split | 90% | 80% | Up to 90% | 80% |
| Max Account Size | $300,000 | $150,000 | $150,000 | $150,000 |
| Direct Funding | No | No | Yes | Yes |
| News Trading | Allowed | Restricted | Allowed | Allowed |
| Details | View ↗ | View ↗ | View ↗ | View ↗ |
Understanding Your Drawdown
The single most important rule before you start trading.
Live Trailing Drawdown
The drawdown limit moves alongside your highest unrealized equity. This demands strict execution and disciplined profit-taking, as the limit tightens even before you close a position.
End of Day (EOD) Drawdown
The limit is calculated from your balance at the close of the trading day. Intraday swings don’t trigger the limit, giving you more cushion to manage volatile sessions.
Direct Funding
Skip the evaluation entirely by paying a higher initial fee and demonstrating prior track record. Immediate access to live capital — no challenge phase required.
Pro Tip: If you’re trading NQ or ES futures with an ORB strategy during the 9:30–11:30 ET window, a Live Trailing Drawdown firm like Apex requires extra discipline on your first trade — one large adverse move can lock in your drawdown for the entire session.
Affiliate & Risk Disclosure: PropFirm Premier may earn compensation when you sign up via our links. Risk Warning: Trading futures and forex carries substantial risk. This content is for informational purposes only and does not constitute financial advice.
