Tier 1Tier 2for Beginners

Apex Trader Funding vs Take Profit Trader for Beginners

Verdict for Beginners

Recommendation: Take Profit Trader is the better choice for beginners.

Take Profit Trader is more beginner-friendly. There is no consistency rule, so you will not be penalized for having one great trading day. The 1-step evaluation means fewer hurdles to clear.

Apex Trader FundingTake Profit Trader
Evaluation Type1-step1-step
Drawdown TypeTrailing Intraday (floor moves with every tick)Trailing EOD (floor moves up at end of day)
Consistency RuleNo single day > 30% of total profitNone
Min Trading Days7None
Daily Loss LimitNone2.2%
News Tradingrestrictedallowed
Cheapest Entry$147$150
Beginner Analysis

As a beginner, the most important factor is how forgiving the rules are. Apex Trader Funding uses trailing intraday (floor moves with every tick), which is harder to manage. The floor moves up with your profits, so a winning streak followed by losses can still breach you. Take Profit Trader uses trailing eod (floor moves up at end of day).

Rule complexity matters when you are learning. Apex Trader Funding has a consistency rule (No single day > 30% of total profit), which adds another variable to track. Take Profit Trader has no consistency rule. Apex Trader Funding requires 7 minimum trading days. Fewer rules means fewer ways to accidentally fail.

Start with the smallest, cheapest account to limit the cost of learning. Apex Trader Funding's entry point is $147 for $25,000. Take Profit Trader starts at $150 for $25,000. Treat the first 1-2 attempts as tuition. Once you understand how the drawdown rules actually feel in practice, you can size up.

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Frequently Asked Questions

Is Apex Trader Funding or Take Profit Trader easier for beginners?

For beginners, both firms use trailing drawdown, which requires more experience. Take Profit Trader has no consistency rule, making it simpler.

Should beginners choose 1-step or 2-step evaluations?

A 1-step evaluation has fewer phases to pass, which means less time and fewer opportunities to fail. Apex Trader Funding uses 1-step, while Take Profit Trader uses 1-step. For a first-time prop trader, fewer steps means a simpler path to funding.

What is the cheapest way to start as a beginner with Apex Trader Funding or Take Profit Trader?

Start with the smallest account size to minimize risk. Apex Trader Funding's cheapest option is $25,000 for $147. Take Profit Trader's cheapest is $25,000 for $150. A smaller account means smaller losses during the learning phase.

Other Comparisons: Apex Trader Funding vs Take Profit Trader