The rules, side by side
| Rule | Apex | Elite Trader Funding |
|---|---|---|
| Drawdown type | Intraday trailing | End-of-day trailing |
| Daily loss limit | not in the preset | not in the preset |
| Consistency rule | 30% | not in the preset |
| Minimum trading days | 1 | not in the preset |
| Account sizes | $25K · $50K · $100K · $150K · $250K · $300K | $50K · $100K · $150K |
Typical values for each firm's standard accounts. "Not in the preset" means Propbook's default account for that firm carries no such limit — other plans from the same firm may, and firms change their terms, so check your own contract.
Account by account
| Account | Apex max loss | Apex target | Elite Trader Funding max loss | Elite Trader Funding target |
|---|---|---|---|---|
| $25K | $1,500 | $1,500 | not offered | not offered |
| $50K | $2,500 | $3,000 | $2,000 | $3,000 |
| $100K | $3,000 | $6,000 | $3,000 | $6,000 |
| $150K | $5,000 | $9,000 | $4,500 | $9,000 |
| $250K | $6,500 | $15,000 | not offered | not offered |
| $300K | $7,500 | $20,000 | not offered | not offered |
What actually separates them
With no daily cap on either side, the trailing line is the only thing that ends an account. That makes the mechanic the whole decision.
Apex measures intraday: open profit raises the line, so a trade that runs and gives it back costs you twice. Elite Trader Funding measures at the close: what happens inside the session is invisible to the rule.
Apex adds a 30% consistency rule at payout and offers $250K and $300K accounts that Elite Trader Funding does not. Elite's default account carries no consistency brake and stops at $150K.
Which one suits you
Apex fits you if…
you want the larger sizes and your style banks profit rather than giving it back.
Elite Trader Funding fits you if…
you manage trades actively inside the session and want your unrealised swings ignored, with no consistency brake at payout.
Not sure? Run your last twenty days through the drawdown calculator under both rule sets — the same P&L can pass one and fail the other.
Trading both? Track both.
Propbook keeps each account on its own rule set — Apex, Elite Trader Funding or seventeen others — with the room left on every one of them live. Free, no card.
Open Propbook →FAQ
Which drawdown is stricter?
Apex's, mechanically — it reacts to profit you never realised. Elite Trader Funding's only moves on your closing balance.
Does either cap my daily loss?
Neither standard preset does. Your own daily stop is the only one that exists on both.
Which suits a scalper?
Usually the end-of-day mechanic, because scalping produces exactly the open-profit swings an intraday trail charges for.