Michael David
US • 2/26/2026
Tailing Drawdown frustration instead of EOD drawdown.
From everything I’m seeing, Apex continues to make it extremely difficult for traders to become profitable or even reach a PA account because of the intraday trailing drawdown. Most of your major competitors have already moved to End‑of‑Day drawdown, and the difference in trader performance between the two models is well‑documented across the industry. EOD drawdown gives traders room to execute real strategies instead of being punished for normal intraday fluctuations. Right now, Apex feels like it’s nickel‑and‑diming customers with resets, renewals, and rules that work against long‑term trader success. The irony is that this structure actually limits Apex’s own upside. Firms like Topstep and Take Profit Trader earn 10% of trader profits from day one once a trader reaches a funded account — and because their rules are more trader‑friendly, far more traders actually make it to funding and stay profitable. Apex could be capturing that same consistent revenue stream instead of relying on traders repeatedly blowing accounts under a trailing drawdown that almost guarantees failure. A shift toward EOD drawdown would benefit everyone: traders would have a fair chance to succeed, and Apex would earn more from actual trading performance rather than constant resets. Something needs to evolve here — not just for the trader’s sake, but for Apex’s long‑term growth and reputation.