All Firms/Apex Trader Funding/$150,000

Apex Trader Funding $150,000 Account Rules

Source checked Mar 21, 2026 | Primary source: Official Apex Trader Funding rules
According to Apex Trader Funding's official documentation (verified 2026-03-21), the Apex Trader Funding $150,000 account has a no daily loss limit, $5,000 max drawdown (trailing intraday (floor moves with every tick)), and a $9,000 profit target. The challenge fee is $297, with a minimum of 7 trading days required. Breach level is $145,000.

Apex Trader Funding's $150,000 evaluation has a no daily loss limit, $5,000 maximum drawdown (trailing intraday (floor moves with every tick)), and a $9,000 profit target. Minimum 7 trading days. Fee: $297. Always confirm live rules before purchasing because firms can change limits without updating older screenshots or reviews.

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Apex Trader Funding$150,000
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Rules by Phase

evaluationfunded
Daily LossNoneNone
Max Drawdown$5,000$5,000
DD TypeTrailing IntradayTrailing Intraday
Profit TargetNoneNone
Min Days7None
News Tradingrestrictedrestricted
OvernightNoNo

What This Means In Practice

Your account can never drop below $145,000.

Your floor moves up with every new high during the day. If you're up $1,000 mid-day then give it back, your floor already moved — this is the strictest drawdown type.

How Many Losing Trades Before You Blow

Understanding how many consecutive losers your account can survive is the difference between passing and failing. Here is the math for the Apex Trader Funding $150,000 account at different risk levels, based on the $5,000 max drawdown (trailing intraday (floor moves with every tick)).

Risk Per TradeDollar RiskLosers to Max DD
0.5%$7506
1%$1,5003
1.5%$2,2502
2%$3,0001
3%$4,5001

At the commonly recommended 1% risk per trade ($1,500), you can absorb 3 consecutive losing trades before breaching the $5,000 max drawdown. Since Apex Trader Funding has no daily loss limit, you could theoretically take all 3 losers in a single day. This freedom requires extra discipline -- consider setting your own daily stop.

Because Apex Trader Funding uses trailing intraday (floor moves with every tick), profits do not create additional buffer. If you are up $6,000 and then start losing, you still only have $5,000 of drawdown room from your peak. This is why trailing drawdown firms require more conservative risk management.

Position Sizing Guide for $150,000

Proper position sizing on the Apex Trader Funding $150,000 account depends on your stop loss distance, the instrument you trade, and the rules you need to respect. Below are practical guidelines for this specific account.

Futures (ES / NQ micro and standard):

At 1% risk ($1,500) on the Micro E-mini S&P 500 (MES, $5/point), you can risk 300 points per contract, or trade 30 MES contracts with a 10-point stop. On the standard ES ($50/point), a 10-point stop means a $500 risk per contract, so you can trade 3 contracts at 1% risk.

Conservative vs. aggressive sizing:

Conservative (0.5% risk): Risk $750 per trade. You can survive 6 consecutive losers before max drawdown. At a 2:1 reward-to-risk ratio, you need 6 winning trades (with no losers) to hit the $9,000 profit target.

Standard (1% risk): Risk $1,500 per trade. You can survive 3 consecutive losers. At a 2:1 reward-to-risk ratio, you need 3 winning trades to hit the target.

Aggressive (2% risk): Risk $3,000 per trade. Only 1 losers before breach. Not recommended unless you have a proven win rate above 60%.

The key takeaway: on a $150,000 account with $5,000 max drawdown, trailing drawdown means you need to be especially disciplined because your floor follows your peak equity. Your profit target is $9,000 (0%), which means you need to earn 0.0x what you can afford to lose. Use the drawdown simulator to test different scenarios.

Pros

  • +No daily loss limit in evaluation
  • +100% of first $25K profit, then 90%
  • +Frequent 80-90% off sales — cheapest entry point
  • +Multiple platform options including TradingView

Cons

  • -Intraday trailing drawdown — strictest type, moves with every tick
  • -Must flatten before close (no overnight)
  • -Consistency rule: no day > 30% of profit
  • -News trading restricted (FOMC, NFP, CPI)
  • -Minimum 7 trading days to pass evaluation

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Frequently Asked Questions

What is the daily loss limit on Apex Trader Funding $150,000?

Apex Trader Funding does not enforce a daily loss limit on the $150,000 account during evaluation. However, the $5,000 max drawdown still applies.

How much can you lose on Apex Trader Funding $150,000?

The maximum you can lose on the Apex Trader Funding $150,000 account is $5,000. Your account is terminated if equity drops below $145,000. Apex Trader Funding uses trailing intraday (floor moves with every tick).

What is the profit target for Apex Trader Funding $150,000?

The profit target for the Apex Trader Funding $150,000 account is $9,000 (0%). You need to grow your account to $159,000 to pass the evaluation.

How much does the Apex Trader Funding $150,000 challenge cost?

The Apex Trader Funding $150,000 challenge costs $297. This fee is typically refunded with your first payout after passing the evaluation.

How many losing trades can I take on Apex Trader Funding $150,000?

At 1% risk per trade ($1,500), you can survive 3 consecutive losing trades before hitting the $5,000 max drawdown.

Is Apex Trader Funding's $150,000 drawdown static or trailing?

Apex Trader Funding uses trailing intraday (floor moves with every tick) on the $150,000 account. The floor moves up in real-time as your equity reaches new highs during the trading day.

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