Both charge one time for the evaluation. Tradeify has no activation fee, end-of-day drawdown on every plan and allows news trading; Apex lets you choose intraday or end-of-day drawdown and has no evaluation consistency rule, but caps each funded account at six payouts.
Apex Trader Funding vs Tradeify
| Apex Trader Funding | Tradeify | |
|---|---|---|
| Market | Futures | Futures |
| Main 50K plan | — | $145 |
| Profit target (50K) | $3,000 | $3,000 |
| Max loss (50K) | $2,000 | $2,000 |
| Drawdown | Depends on plan | End-of-day trailing |
| Consistency rule | Funded only | Funded only |
| Profit split | 100% of payouts | 90% |
| Payouts | After 5 qualifying days | After 5 days of $150+ |
| News trading | Allowed, with restrictions: trading during news is allowed as part of a normal strategy; placing orders on both sides to gamble on the outcome or 'chasing the market' is prohibited | Allowed: Tradeify states it has no rules against trading news events |
| Bots and EAs | Not allowed: Prohibited Activities states automation and algorithm usage is not allowed; high-frequency trading is prohibited | Restricted: personal bots allowed if not HFT; trader must prove sole ownership (may require a live video of enabling it); using the same bot across multiple firms is against policy |
| US traders | Yes | Yes |
| Platforms | Rithmic, Tradovate, WealthCharts, NinjaTrader (via Rithmic or Tradovate) | Tradovate, NinjaTrader, TradingView (via Tradovate), Rithmic, Tradesea, Quantower, Sierra Chart, R|Trader, WealthCharts |
| Public code | SAVENOW | — |
Which to pick
Tradeify is easier to model: one price, no activation fee, end-of-day drawdown. Apex suits traders who want no consistency target while passing and can work with the six-payout limit.