Apex EOD vs Intraday Drawdown
Apex Trader Funding offers two drawdown models: end-of-day drawdown and intraday trailing drawdown.
Understanding the difference between these two systems is extremely important when choosing an Apex account.
What Is EOD Drawdown?
EOD stands for end-of-day drawdown.
This system calculates the maximum loss limit based on the account balance after the trading session ends.
This means intraday price swings do not automatically trigger a violation.
What Is Intraday Drawdown?
Intraday drawdown tracks the account balance in real time.
If the account balance drops below the allowed limit during the session, the account can be violated immediately.
Key Differences
- EOD drawdown updates after the trading day ends
- Intraday drawdown moves during trades
- EOD accounts offer more flexibility
- Intraday accounts require stricter risk management
For a full explanation of EOD accounts read:
Which Account Should You Choose?
The best option depends on your trading style.
Scalpers may prefer intraday drawdown accounts while traders holding positions longer may prefer EOD accounts.