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Apex Trader Funding vs Topstep

Every figure below comes from each firm's own site and is scored by the same published formula. A firm's commercial relationship with us changes nothing here.

The short answer

Apex Trader Funding scores 7.8/10 on the PFM Score, Topstep 7.7/10.

Apex Trader Funding leads on Trading Conditions (7.8 vs 7.4).

Choose Apex Trader Funding if…

  • you'd rather not pay a monthly fee (Topstep charges $49)
  • you want a larger account (up to $300K vs $150K)

Choose Topstep if…

  • you want it cheaper to get funded on a $50K account ($198 vs at least $550 in month one)
  • you run EAs or bots (Apex Trader Funding doesn't allow them)
  • you want same-day payouts (Apex Trader Funding doesn't offer them)

Side by side

marks the firm ahead on that metric, by the rules on our methodology page — a fact, not a recommendation. "At least" means a fee or step isn't published (or we haven't verified it yet); the real figure can only be higher, so it's never counted as a lead. Costs are list prices, not promos.

Apex Trader Funding vs Topstep, metric by metric
Metric Apex Trader Funding Topstep
Score
PFM Score 7.8/10 (#13 of 25) (ahead) 7.7/10 (#15 of 25)
Payout Integrity 8.3 8.3
Rule Clarity 6.9 6.9
Trading Conditions 7.8 (ahead) 7.4
Rules & payouts
Drawdown End-of-day · $2K End-of-day · $2K
Profit split 90% 90%
Payout processing 2 days 2 days
Minimum path to first payout at least 8 trading days Not verified
Profit target 6% ($3,000 on $50K) 6% ($3,000 on $50K)
Costs — $50K account
Entry fee $550 $49 (ahead)
Monthly fee None (ahead) $49
Activation fee Not disclosed $149
Cost to get funded (month one) at least $550 $198 (ahead)
Trading conditions
Platforms Rithmic, Tradovate, NinjaTrader, TradingView TopstepX, NinjaTrader, Tradovate, TradingView
Account sizes $25K–$300K $50K–$150K
News trading Yes Yes
Weekend holding No No
EAs / bots No Yes (ahead)
Scaling plan Yes Yes
Same-day payouts No Yes (ahead)
The firm
Founded 2021 2012
Based in Austin, TX · United States Chicago, IL · United States

Sources

Terms change. Always confirm the current rules and prices on the firm's own site before you buy an evaluation.

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