Trailing drawdown can move with open or closed equity depending on the firm. The useful question is not whether a firm says "trailing", but when the threshold moves, when it stops, and how it affects payout eligibility.
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Rules Monitor
Prop firm rules comparison.
Compare daily loss, max loss, trailing drawdown, verification status, and source coverage before paying for an evaluation.
75 firms in the rules monitor
74 firms with connected challenge rows
74 official rule snapshots
Decision Guides
See how each rule can stop or stall a challenge
Start with the consequence, then inspect the definition, reviewed program rows, source status, and the exact scope Replay can evaluate.
Daily loss is the short-term guardrail. Maximum loss is the account survival line. A challenge can look cheap until those two limits interact with position size, commissions, spreads, and payout timing.
Open guideA high profit split is only useful if the trader can actually withdraw. TSB treats payout timing, caps, buffers, KYC, payment method, and consistency rules as part of the real price.
Open guideMinimum trading days are not just a pass-speed rule. They can change risk behavior by forcing traders to spread performance across sessions instead of finishing a challenge with one oversized trade.
Open guideProfit split is the most marketable number on a prop firm offer, but it is not the full economics. A lower split with cleaner payout rules can be better than a headline 100% split with tight caps.
Open guideRefundable fee claims are attractive, but the refund trigger matters. Some refunds depend on passing, receiving a payout, maintaining account status, or following exact checkout terms.
Open guideInstant funding removes the pass-the-challenge step, but it does not remove rules. The tradeoff is usually higher upfront cost, different drawdown, and payout conditions that need careful checking.
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Ranking Paths
Rule-friendly ranking pages
Compare firms by the constraint that matters to your trading: loss limits, payout conditions, or scaling rules.
Compare programs with a source-backed no-daily-loss rule. Check the exact evaluation, funded-stage restrictions, and recorded source dates.
Open rankingCompare prop firms by drawdown pressure, rule clarity, payout friction, and whether the rules match your real trading style.
Open rankingCompare max allocation and max scale claims against rule fit, payout friction, platform access, and TSB verification status.
Open rankingTrack prop firm promo codes, discount code status, coupon watches, offer verification, and rule-fit warnings before checkout.
Open ranking
Rules ledger
Compare the failure conditions before the fee.
75 firms
Search the full registry, separate replay-ready scopes from research-only rows, and keep the official source beside the decision.
Scope
| Firm & market | Rule model | Loss limits | Drawdown pressure | Evidence | Decision & replay |
|---|---|---|---|---|---|
| The5ersForex, Indices, Metals | Program-specific drawdown and scaling rules | No mapped daily limit5% | See programme rules | Official rules mappedOfficial source | |
| Hola PrimeForex, Exotics, Indices, Metals, Commodities, Crypto CFDs | Futures 1-step uses trailing max loss with no daily loss limit; direct account has a soft daily loss. | 3%7% end of day trailing by fixed percent of initial balance | End of day trailing by fixed percent of initial balance | Official rules mappedOfficial source | |
| Take Profit TraderFutures | No daily loss limit on current test/PRO accounts; EOD trailing drawdown in evaluation. | No mapped daily limitSee programme rules | End of day trailing until starting balance | Official rules mappedOfficial source | |
| MyFundedFuturesFutures | No daily loss limit in evaluation; EOD maximum loss by account size. | No mapped daily limitSee programme rules | End of day trailing | Official rules mappedOfficial source | |
| TradeifyFutures | Select evaluation uses EOD drawdown and no daily loss limit; funded payout policy changes the risk model. | No mapped daily limitSee programme rules | End of day trailing enforced in real time | Official rules mappedOfficial source | |
| FundingPipsForex CFDs, Metals CFDs, Energy CFDs, Index CFDs, Cryptocurrency CFDs | Multi-model forex/CFD evaluations with daily loss, overall loss, payout-cycle, and platform differences by plan. | 3%12% static | Static | Official rules mappedOfficial source | |
| Goat Funded TraderFX pairs, CFD indices, metals, commodities, stocks, cryptocurrencies | One-step, two-step, three-step, and instant-style paths with add-ons and country-specific availability considerations. | 3%5% equity trailing | Equity trailing | Official rules mappedOfficial source | |
| E8 Marketsforex, metals, energies, indices, crypto | Program-specific drawdown, platform, and payout rules; US clients have platform limitations. | No mapped daily limitSee programme rules | Closed balance dynamic trailing then locks at initial balance | Official rules mappedOfficial source | |
| Alpha Capitalforex, indices CFDs, oil CFDs, metals CFDs | Alpha One, Pro, Swing, and Three-style programs with static loss limits and platform/country differences. | 3%5% high water mark trailing until starting balance | High water mark trailing until starting balance | Official rules mappedOfficial source | |
| BrightFundedAUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP | One-step and two-step programs with static drawdown, platform choice, and scaling/payout add-ons. | 3%6% real time trailing high water mark locks at initial balance after six percent growth | Real time trailing high water mark locks at initial balance after six percent growth | Official rules mappedOfficial source | |
| Blue GuardianForex, Indices, Gold and commodities, Cryptocurrencies | One-step forex/CFD account with trailing drawdown, add-on payout options, and separate futures product coverage. | 4%8% highest closed balance trailing then locks | Highest closed balance trailing then locks | Official rules mappedOfficial source | |
| Blue Guardian FuturesFutures | Futures evaluation with trailing drawdown, payout buffer, and product-specific account economics. | No mapped daily limitSee programme rules | End of day trailing then locks | Official rules mappedOfficial source | |
| Earn2Tradelisted futures, micro futures | Education-led futures evaluation with trailing drawdown, daily loss, and career-path progression. | No mapped daily limitSee programme rules | End of day trailing until starting balance | Official rules mappedOfficial source | |
| For TradersForex, Indices, Metals, Crypto | Plan-sensitive challenge rules with trailing drawdown mechanics and profitable-day requirements. | No mapped daily limitSee programme rules | Static initial balance | Official rules mappedOfficial source | |
| FXIFYforex, metals, indices, energy, stocks_CFD | Two-phase and instant-style forex/CFD paths with static drawdown, add-ons, and platform-specific execution. | 6%6% trailing | Trailing | Official rules mappedOfficial source | |
| Lucid TradingFutures | Direct, Flex, Pro, and Maxx-style futures accounts with EOD drawdown and payout-objective differences. | No mapped daily limitSee programme rules | Intraday regardless of evaluation selection | Official rules mappedOfficial source | |
| Maven TradingForex, Indices, Metals, Crypto | Two-step forex/CFD challenge with static drawdown, plan-level fees, and payout cadence by account row. | No mapped daily limit10% static from initial balance | Static from initial balance | Official rules mappedOfficial source | |
| FintokeiForex CFDs, Metals CFDs, Energy CFDs, Index CFDs, Cryptocurrency CFDs | Account-size rules with loss limits, scaling terms, and regional onboarding checks. | 5%10% starting balance | Starting balance | Official rules mappedOfficial source | |
| FundedEliteForex, Indices, Metals, Crypto | Program-specific targets, daily drawdown, total drawdown, and payout-cycle checks. | 3%6% trailing equity | Trailing equity | Official rules mappedOfficial source | |
| Finotive FundingForex, Indices, Metals, Crypto | Instant-funding economics, evaluation loss limits, and withdrawal conditions by product. | 3%6% static maximum; daily threshold recalculated at 17:00 New York from prior trading-day closing balance with floating P/L included | Static maximum; daily threshold recalculated at 17:00 New York from prior trading-day closing balance with floating P/L included | Official rules mappedOfficial source | |
| Audacity CapitalForex, Metals, Indices, Energies, Cryptocurrency | Direct-funding and challenge models with scaling, interview, and loss-limit differences. | No mapped daily limitSee programme rules | Static absolute maximum; daily threshold resets at platform rollover from balance or equity whichever is higher | Official rules mappedOfficial source | |
| City Traders Imperiumforex, metals, commodities, indices, crypto CFDs | Challenge model, scaling plan, drawdown style, and payout cadence by account row. | No mapped daily limit6% | See programme rules | Official rules mappedOfficial source | |
| The Trading Pitforex CFDs, metals CFDs, energy futures CFDs, cash index CFDs, index futures CFDs, crypto CFDs, equity CFDs | Asset-specific challenges with separate forex/CFD and futures rule pressure. | No mapped daily limit6% | See programme rules | Official rules mappedOfficial source | |
| Lark Fundingforex CFDs, indices CFDs, cryptocurrency CFDs, metals CFDs, commodity CFDs, stock CFDs | Challenge rules, payout timing, drawdown, and trade restrictions by account row. | 5%8% trailing from highest closed balance; locks at initial balance after an 8% gain or the first payout and does not reset after a reward | Trailing from highest closed balance; locks at initial balance after an 8% gain or the first payout and does not reset after a reward | Official rules mappedOfficial source | |
| Top One TraderForex, Indices, Metals, Crypto CFDs | Fast challenge rules with drawdown, payout, and consistency checks by plan. | 4%7% trailing; locks at initial balance after payout or after a 7% gain | Trailing; locks at initial balance after payout or after a 7% gain | Official rules mappedOfficial source | |
| BEM Fundingforex, metals, energies, indices, crypto CFDs | Challenge objectives, drawdown rules, payout process, and platform terms by account row. | 4.5%9% static | Static | Official rules mappedOfficial source | |
| Atmos Fundedforex, metals, indices, crypto CFDs | Challenge objectives, drawdown, payout, and restricted-trading rules by plan. | No mapped daily limit3% trailing; locks at initial balance and resets after payout | Trailing; locks at initial balance and resets after payout | Official rules mappedOfficial source | |
| Alpha FuturesFutures | One-step futures evaluation with account-size limits, drawdown controls, and platform/data cost checks. | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| AquaFundedForex, Indices, Metals, Crypto | Instant funding and challenge paths with add-ons, reward split, and payout guarantee claims to check at checkout. | 3%6% trailing then locks at starting balance | Trailing then locks at starting balance | Official rules mappedOfficial source | |
| AquaFuturesFutures | Futures instant funding or one-step challenge with product-specific payout and fee rules. | No mapped daily limitSee programme rules | End of day trailing then locks at starting balance plus 100 | Official rules mappedOfficial source | |
| Blueberry Futureslisted futures | Broker-backed futures product with payout, infrastructure, platform, and data-fee checks. | No mapped daily limitSee programme rules | Intraday trailing | Official rules mappedOfficial source | |
| Crypto Fund TraderCryptocurrency, Forex, Indices, Commodities, Stocks | Crypto-focused evaluation with exchange conditions, leverage, liquidity, and payout checks. | 4%6% static per main program copy terms wording requires confirmation | Static per main program copy terms wording requires confirmation | Official rules mappedOfficial source | |
| DayTradersCME futures, COMEX futures, NYMEX futures, CBOT futures | Futures funded-account products with contract limits, live-account path, and payout split differences. | No mapped daily limitSee programme rules | End-of-day trailing | Official rules mappedOfficial source | |
| E8 CryptoCrypto | E8 product coverage for crypto rules, payout process, platform access, and country availability. | Needs source auditNeeds source audit | Needs drawdown audit | Review requiredTSB registry / pending source audit | |
| E8 FuturesCME-group futures listed in the current instrument and trading-hours table. | E8 product coverage for futures rules, payout process, platform access, and data costs. | No mapped daily limitSee programme rules | Closed balance dynamic trailing then locks at initial balance | Official rules mappedOfficial source | |
| Funded Futures FamilyFutures | Futures evaluation and instant-style products with drawdown, activation, and payout-rule checks. | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| Funded Trader MarketsForex, Commodities, Indices, Cryptocurrency | Instant funding and challenge paths with on-demand reward claims, country coverage, and payout checks. | 4%6% highest balance trailing then locks at initial balance after 6 percent profit | Highest balance trailing then locks at initial balance after 6 percent profit | Official rules mappedOfficial source | |
| WSFundedforex, metals, indices, energy, other commodities, stocks, crypto CFDs | Challenge objectives, drawdown, payout, and regional onboarding checks by account row. | 5%8% static | Static | Official rules mappedOfficial source | |
| Trade The PoolStocks | Stock universe, buying power, risk desk rules, and payout terms by program. | No mapped daily limit4% absolute equity stop relative to starting virtual capital | Absolute equity stop relative to starting virtual capital | Official rules mappedOfficial source | |
| Goat Funded FuturesFutures | Futures product rules, trailing drawdown, data fees, and payout process under the GOAT brand. | No mapped daily limitSee programme rules | End of day trailing locks at starting balance plus 100 | Official rules mappedOfficial source | |
| FundedNext FuturesFutures | Futures product rules, platform/data costs, payout process, and country availability under the FundedNext brand. | No mapped daily limitSee programme rules | End of day trailing then locks at starting balance plus 100 | Official rules mappedOfficial source | |
| TradeDayFutures | Evaluation rules, contract limits, scaling, daily controls, and payout process. | No mapped daily limitSee programme rules | End of day trailing then freezes at starting balance | Official rules mappedOfficial source | |
| UProfitFutures | Futures evaluation with trailing drawdown, scaling, fees, and payout rule checks. | No mapped daily limitSee programme rules | End of day trailing | Official rules mappedOfficial source | |
| OneUp TraderFutures | Evaluation terms, platform/data fees, drawdown controls, and payout process. | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| Leeloo TradingFutures | Futures evaluation with trailing drawdown, scaling, consistency, and payout checks. | No mapped daily limitSee programme rules | Real time open equity trailing without lock | Official rules mappedOfficial source | |
| The Trading Pit FuturesFutures | Futures-specific challenge rules, platform terms, data costs, and payout process. | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| FuturesEliteCME equity index futures, CME FX futures, CME agricultural futures, NYMEX energy futures, CBOT commodity futures, CBOT equity futures, CBOT rates futures, COMEX metals futures, micro crypto futures | Evaluation rules, drawdown model, platform/data costs, and payout mechanics. | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| The5ers FuturesFutures | Futures-specific product rules, data costs, drawdown, and payout process under The5ers brand. | No mapped daily limit4% end of day | End of day | Official rules mappedOfficial source | |
| Top One FuturesExchange-traded futures | Futures-specific evaluation rules, data costs, drawdown, and payout process under Top One. | No mapped daily limitSee programme rules | End of day trailing | Official rules mappedOfficial source | |
| Traders LaunchFutures | Futures evaluation with launch-style account paths, drawdown, platform, and payout checks. | No mapped daily limitSee programme rules | End-of-day trailing during evaluation; locks at starting balance after the buffer is cleared and does not move down after payouts | Official rules mappedOfficial source | |
| SabioTradeForex, Equities, Commodities, Indices, ETFs, Cryptocurrencies | Web-platform challenge rules, loss limits, market access, and payout process. | 4%5% trailing | Trailing | Official rules mappedOfficial source | |
| Tradeify CryptoCrypto | Tradeify crypto product rules, platform access, payout process, and market-specific risk controls. | 3%6% static | Static | Official rules mappedOfficial source | |
| Apex Trader FundingCME futures, CBOT futures, NYMEX futures, COMEX futures, EUREX futures on supported vendor routes, exchange-traded futures, Certain exchanges and instruments are available only through specific platform vendors; the official selector/help must remain the source of configuration-level eligibility. | Trailing drawdown is the main risk | No mapped daily limitSee programme rules | End of day trailing calculated at market close and enforced intraday next session | Official rules mappedOfficial source | |
| FTMOForex, Indices, Metals, Crypto | Daily loss plus maximum loss | 3%10% | See programme rules | Official rules mappedOfficial source | |
| FundedNextForex, Indices, Metals, Crypto | Daily loss, max loss, and program-specific rules | 3%6% static floor using balance or equity | Static floor using balance or equity | Official rules mappedOfficial source | |
| TopstepCME equity futures, CME foreign-exchange futures, CME and CBOT agricultural futures, NYMEX energy and metals futures, CBOT equity and interest-rate futures, COMEX metals futures, exchange-traded futures | Futures combine rules and drawdown buffer | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| BreakoutCrypto | Static maximum drawdown with a daily loss limit | 3%6% static initial balance | Static initial balance | Official rules mappedOfficial source | |
| BulenoxFutures | Trailing or end-of-day drawdown by selected path | No mapped daily limitSee programme rules | End of day balance trailing until starting balance plus 100 then static | Official rules mappedOfficial source | |
| Elite Trader FundingFutures | Intraday trailing, EOD, static, or direct-to-funded by plan | No mapped daily limitSee programme rules | End of day realized balance trailing | Official rules mappedOfficial source | |
| Finotive Funding Futuresexchange-listed futures, simulated until discretionary live transition | End-of-day trailing; locks at the initial balance after the funded-stage profit buffer is first reached drawdown | No mapped daily limitSee programme rules | Intraday trailing; locks at the initial balance when the trailing threshold reaches it | Official rules mappedOfficial source | |
| For Traders CryptoCrypto | 3% daily limit · 6% maximum loss · balance high water mark trailing drawdown | 3%6% balance high water mark trailing | Balance high water mark trailing | Official rules mappedOfficial source | |
| For Traders FuturesFutures | 3% daily limit · 5% maximum loss · end of day trailing drawdown | No mapped daily limitSee programme rules | End of day trailing | Official rules mappedOfficial source | |
| Funded Trading PlusForex, Indices, Metals, Crypto | Program-specific daily and maximum simulated loss | 4%8% static initial balance | Static initial balance | Official rules mappedOfficial source | |
| FunderProforex, metals, oil, indices, crypto, stocks | Program-specific daily and overall drawdown | 5%10% static to initial balance | Static to initial balance | Official rules mappedOfficial source | |
| FunderPro FuturesFutures | Programme-specific loss, drawdown, consistency, and payout rules. | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| FXIFY FuturesCME_Group_exchange_traded_futures | Trailing drawdown | No mapped daily limitSee programme rules | See programme rules | Official rules mappedOfficial source | |
| Hantec Traderforex, bullion, commodities, indices, cryptocurrencies | Rule set changes by one-, two-, three-step, or instant route | 4%8% static to initial balance | Static to initial balance | Official rules mappedOfficial source | |
| Hola Prime FuturesEquity index futures, Currency futures, Metal futures, Agricultural futures, Energy futures, Micro crypto futures | 2.5% daily limit | 2.5%See programme rules | See programme rules | Official rules mappedOfficial source | |
| HyroTraderAll supported Bybit USDT perpetual pairs, including supported tokenized stocks, oil, metals, and cryptocurrencies, Bybit USDT perpetual pairs, Binance-based perpetual futures assets | Crypto evaluation drawdown by model | 4%6% | See programme rules | Official rules mappedOfficial source | |
| Maven Trading Prediction MarketsPrediction markets | 3% maximum loss · trailing drawdown | No mapped daily limit5% static | Static | Official rules mappedOfficial source | |
| SizePropCrypto | Challenge-specific crypto risk limits | 2%3% static | Static | Official rules mappedOfficial source | |
| The Trading Pit Stocksmore than 9000 U.S. stocks, IPOs, ETFs | 5% maximum loss | No mapped daily limit5% | See programme rules | Official rules mappedOfficial source | |
| ThinkCapitalForex, Indices, Metals, Crypto | Program-specific static or dynamic limits | 3%6% real time trailing equity then locks at initial balance after six percent equity growth | Real time trailing equity then locks at initial balance after six percent equity growth | Official rules mappedOfficial source | |
| Top One CryptoCrypto CFDs | 4% daily limit · 6% maximum loss · trailing on closing balance until locked at starting balance; daily threshold uses prior 5pm EST high balance or equity drawdown | 4%6% trailing on closing balance until locked at starting balance; daily threshold uses prior 5pm EST high balance or equity | Trailing on closing balance until locked at starting balance; daily threshold uses prior 5pm EST high balance or equity | Official rules mappedOfficial source | |
| Traders Launch CryptoBTC, ETH, SOL, XRP | End-of-day; locks at starting balance drawdown | No mapped daily limitSee programme rules | End-of-day; locks at starting balance | Official rules mappedOfficial source |
No firms match this search and filter.