Apex EOD vs Intraday Drawdown: Which Should You Choose?

EOD (End of Day) drawdown is calculated only at market close (4:59 PM ET), so intraday fluctuations don't affect your trailing stop. Intraday drawdown is calculated in real-time throughout the trading session, trailing up with every new high tick.

EOD drawdown is generally better for scalpers because intraday price spikes won't lock in a higher drawdown level. You can scalp aggressively during the day knowing only your closing balance matters for drawdown calculation.

Both can work for swing traders, but Intraday accounts may suit patient traders who hold through volatility. EOD is better if you want flexibility to take profits during the day without worrying about intraday trailing.

Yes, on both account types the drawdown stops trailing once it reaches your starting balance. For a 50K account, once your drawdown floor reaches $50,000, it locks there permanently and never trails higher.

You cannot switch an existing account between drawdown types. However, you can purchase a new evaluation with the drawdown type you prefer. Many traders run both types to see which suits their style better.

EOD accounts generally have a slightly higher pass rate because traders don't get stopped out by intraday spikes. However, success depends more on your trading strategy and risk management than the drawdown type.