Topstep vs Apex Trader Funding compared: profit split, evaluation rules, payouts, pricing, and platforms — see which prop firm fits your trading style.
📅 Data verified: 2026-06-11
In the world of futures prop trading, Topstep and Apex Trader Funding stand out as two prominent firms, each offering unique opportunities for traders. This comparison examines their features, profit-sharing models, evaluation processes, and overall suitability for different types of traders.
| Feature | Topstep | Apex Trader Funding |
|---|---|---|
| Category | Futures | Futures |
| Profit Split | 90% | 100% |
| Evaluation | 2-step | 1-step |
| Payout Frequency | On demand | Weekly |
| News Trading | Restricted | Allowed |
| Consistency Rule | Required | None |
| Platforms | NinjaTrader · Tradovate · Sierra Chart · TradingView | NinjaTrader · Tradovate · Rithmic |
| Instruments | Futures · Micro Futures | Futures · Micro Futures |
| Payout Methods | Wire · ACH | ACH · Wire |
| Scaling Plan | Yes | Yes |
| Starting Price | $165/mo | $147/mo |
| Founded | 2012 | 2021 |
| Rating | 4.6 ★ | 4.7 ★ |
🏷️ Topstep: code TS20 for 20% off · Apex: code APEX80 for 80% off
Topstep is best suited for traders who prefer a structured evaluation process and on-demand payouts, making it ideal for those who appreciate a more traditional approach. Apex Trader Funding appeals to traders looking for an immediate profit-sharing advantage and flexibility with no time limits, making it ideal for those who want quicker payouts and a straightforward evaluation.
Topstep offers a 90% profit split, while Apex Trader Funding provides a 100% profit split.
Topstep has a 2-step evaluation process, whereas Apex Trader Funding offers a simpler 1-step evaluation.
Topstep allows for on-demand payouts, while Apex Trader Funding provides weekly payouts.
Read our full Topstep review · Read our full Apex Trader Funding review
Before choosing in 2026, verify each firm’s current payout and consistency rules on the exact account type you want, because these change more often than review articles do. A common mistake is comparing only activation fees and profit splits, then discovering a minimum trading-day rule, buffer requirement, or scaling cap that delays your first withdrawal. Take 10 minutes to price your real path: eval fee + reset odds + activation cost + days to first payout. For many traders, payout friction matters more than the advertised split.