Rule

Updated 2026

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.

Best for: Experienced, precise execution traders
📉

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.

Best for: Swing traders or beginners
🚀

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.

Best for: Proven professionals ready to scale

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.

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