Apex Trader Funding vs Topstep

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

Side by side

MetricApex Trader FundingTopstep
Cheapest entry (true cost)$348$49
Profit split100% first $25K, then 90%90%
Drawdown typeEOD or Intraday (choice)Trailing intraday
Max drawdownTrailing or EOD (by size)Trailing (by size)
Payout frequencyEvery 8+ trading days · 6 payouts then 100%On request
Days to payout8 trading days · 5–11 day processing5 winning days · 1–3 day processing
Min payout$500 (all sizes)$125
Our take: Topstep 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 →

Topstep

12+ year operating history. Rare real-capital live tier.

Full Topstep review →

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

FAQ

Is Apex Trader Funding or Topstep cheaper?
On cheapest true-cost entry, Topstep comes in lower. See the table for exact figures.
Which is better, Apex Trader Funding or Topstep?
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.