Rithmic Accounts
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
 |
25K | 4 Contracts | 90%-100% | $1,500 | none | $1,500★ | $147 | No |
|
50K | 10 Contracts | 90%-100% | $3,000 | none | $2,500★ | $167 | No |
|
75K | 12 Contracts | 90%-100% | $4,250 | none | $2,750★ | $187 | No |
|
100K | 14 Contracts | 90%-100% | $6,000 | none | $3,000★ | $207 | No |
|
150K | 17 Contracts | 90%-100% | $9,000 | none | $5,000★ | $297 | No |
|
250K | 27 Contracts | 90%-100% | $15,000 | none | $6,500★ | $517 | No |
|
300K | 35 Contracts | 90%-100% | $20,000 | none | $7,500★ | $657 | No |
|
100K Static | 2 Contracts | 90%-100% | $2,000 | none | $625★ | $137 | No |
Tradovate Accounts
| Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
|---|---|---|---|---|---|---|---|---|
|
25K | 4 Contracts | 90%-100% | $1,500 | none | $1,500★ | $167 | No |
|
50K | 10 Contracts | 90%-100% | $3,000 | none | $2,500★ | $187 | No |
|
75K | 12 Contracts | 90%-100% | $4,250 | none | $2,750★ | $207 | No |
|
100K | 14 Contracts | 90%-100% | $6,000 | none | $3,000★ | $227 | No |
|
150K | 17 Contracts | 90%-100% | $9,000 | none | $5,000★ | $317 | No |
|
250K | 27 Contracts | 90%-100% | $15,000 | none | $6,500★ | $517 | No |
|
300K | 35 Contracts | 90%-100% | $20,000 | none | $7,500★ | $677 | No |
|
100K Static | 2 Contracts | 90%-100% | $2,000 | none | $625★ | $157 | No |
Prop Firm
Name of the prop firm.
Account Size
Buying power of the account. Example: 50K equals $50,000.
Max. Position Size
The maximum position size of futures contracts (e.g., E-Mini S&P 500) allowed in the prop firm account challenge. Example: 5 Contracts = five futures contracts can be held at any given time.
Profit Split
The percentage of profits a trader can withdraw to his bank account. Example: 90% means the trader can withdraw 90% of the profits.
Profit Target
The defined profit target has to be reached to complete the challenge successfully and get funded. Example: A 50K account needs to get up to $52,000 in order to reach the profit target.
Daily Loss Limit
The daily loss limit value, which is based on the balance of the account on the morning of a trading day. Example: If the account balance in the morning is $53,500 and the daily loss limit is $1,000, then the account should stay above $52,500 on that day.
Trailing Drawdown
There are three types of "trailing drawdown" calculation methods:
End-of-day calculation (★): Whenever the account value at the end of a trading day (EOD) was higher than the value ever before in a challenge, the trailing drawdown value increases. Example: You trade a 50K account with an EOD trailing drawdown of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). After successful trading, you end the day with $1,000 in profits. Your account balance should now always stay above $49,000 ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Real-time intraday calculation (★): Whenever a new account balance high is reached (including unrealized profits), the trailing drawdown level increases. Example: You trade a 50K account with a trailing drawdown live limit of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). You open a position that goes $1,000 into profits intraday (no matter if it is realized or unrealized profit). Now your real-time trailing drawdown moves to $49,000 intraday ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Note: The drawdown trailing typically ends once the drawdown level reaches the account's initial balance. Example: Initial Balance = $50,000, drawdown amount = $2,000. The trailing of the drawdown amount stops once the account balance reaches $50,000 + $2,000 (EOD or real-time, depending on your prop firm). In some cases, the prop firm adds another $100 to the level. Make sure to check the exact parameters before you start trading.
Static (★): Static Accounts never trail the drawdown value. They remain at the level where you begin. Example: You start at a $100,000 static account with a max loss limit of $625. In the static account, your maximum drawdown level will stay at $99,375 at any given time, independently from your performance.
Profit Split Details of Funded Accounts
Traders can withdraw 100% of the first $25,000 in profits earned in their first funded account with Apex Trader Funding. Profits exceeding the $25,000 level will be split in the ratio of 90/10, where the trader can withdraw 90% of his profits, and Apex Trader Funding keeps the remaining 10%.
Payout Details and Consistency Rules in Funded Accounts
Payout requests can be made twice per month, with a minimum withdrawal amount of $500. A minimum of 10 days must be consistently traded between each payout request.
Apex Trader Funding rules indicate that a 30% consistency rule is applied to PA and Funded Accounts, with a minimum number of trading days of 10 between each payout request.
That means that your most profitable day can not be higher than 30% of the profits you want to withdraw while trading for a minimum of 10 trading days.
Example 1: You trade for 10 days. One day, you make $5,000 in profits, and the other nine days, you make $100 in profits. The total profit is 1*$5,000 + 9*$100 = $5,900. Let’s say you want to withdraw the $5,900 now. In this case, the $5,000 profit day represents 84.75% of the profits you want to withdraw, which is above the 30% maximum.
Example 2: You trade 10 days. On your best trading day you make $1,000 in profit, the other nine days are $200 in profit each. The total profit is 1*$1,000 + 9*$200 = $2,800. Let’s say you want to withdraw the $2,800 now. In this case, the $1,000 profit day (your best day) represents 35.71% of the profits you want to withdraw, which is above the 30% maximum.
Example 3: You trade 10 days. On your best trading day you make $500 in profit, the other nine days are $300 in profit each. The total profit is 1*$500 + 9*$300 = $3,200. Let’s say you want to withdraw the $3,200 now. In this case, the $500 profit day (your best day) represents 15.63% of the profits you want to withdraw, which is below the 30% maximum, so you can send the payout request to Apex Trader Funding.