Apex Trader Funding vs FundedNext

Two futures props, one decision. Here’s how Apex Trader Funding and FundedNext compare on the things that cost you money.

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Side by side

MetricApex Trader FundingFundedNext
Cheapest entry (true cost)$348$70
Profit split100% first $25K, then 90%Up to 90% (100% some models)
Drawdown typeEOD or Intraday (choice)Max overall + daily (by model)
Max drawdownTrailing or EOD (by size)By model (by size)
Payout frequencyEvery 8+ trading days · 6 payouts then 100%Bi-weekly · fee refunded at first payout
Days to payout8 trading days · 5–11 day processingCycle-based: 5–21 days first · 24h
Min payout$500 (all sizes)$250 (25K/50K) · $500 (100K)
Our take: FundedNext is the cheaper way in. Match the drawdown model to how you actually trade and you're set.

Apex Trader Funding

Largest trader base in futures. EOD or intraday drawdown choice.

Full Apex Trader Funding review →

FundedNext

Largest review base in prop. 15% reward earned during evaluation.

Visit FundedNext →

Full FundedNext review →

Compare more in the comparison tool or the true-cost hub.

FAQ

Is Apex Trader Funding or FundedNext cheaper?
On cheapest true-cost entry, FundedNext comes in lower. See the table for exact figures.
Which is better, Apex Trader Funding or FundedNext?
It depends on your asset class and drawdown tolerance. The comparison above lays out cost, drawdown and payouts so you decide on facts.
Compared 2026-06-09. Verify current terms on each firm’s site.