Prop firm drawdown rules compared (13 programs, 9 firms)

Last checked 2026-10-04. Each row links the firm's own rules page. Rules change and many firms let you pick different percentages at checkout: confirm on your dashboard.

"5% daily, 10% max" sounds the same everywhere. It isn't. Firms differ on what the percentage is taken of (initial balance or the day's starting value), what the floor is measured from (balance, or the higher of balance and equity), whether the overall floor is static or trailing, and when the day resets. This table puts the published rules side by side for a fresh $100,000 (or 100K futures) account.

FirmProgramDaily loss ruleDay-1 daily floor ($100k)Max drawdown typeStarting max-loss floor ($100k)Daily resetRule page
FTMO (guide)FTMO Challenge 2-Step5% of initial; reference: day-start balance$95,000Static.$90,00000:00 CE(S)T (Prague)source
FTMO (guide)FTMO Challenge 1-Step3% of initial; reference: day-start balance$97,000Trailing, end-of-day balance.$90,00000:00 CE(S)T (Prague)source
FundedNextStellar 2-Step (CFD)5% of initial; reference: day-start balance$95,000Static.$90,00000:00 server time (GMT+2, GMT+3 in DST)source
The5ersHigh Stakes (2-Step)5% of day-start value; reference: day-start higher of balance/equity$95,000Static.$90,00000:00 MT5 server time (GMT+2 winter, GMT+3 summer)source
E8 Markets (guide)E8 One (default 4% daily / 6% dynamic)4% of initial; reference: day-start balance$96,000Trailing, highest closed balance. Locks at initial.$94,00000:00 server time (time zone not stated on the page) (unverified: reset time zone)source
FundingPips2 Step Standard (5% daily)5% of day-start value; reference: day-start higher of balance/equity$95,000Static.$90,00000:00 platform time (UTC+3)source
FundingPips2 Step Standard (3% daily add-on)3% of day-start value; reference: day-start higher of balance/equity$97,000Static.$90,00000:00 platform time (UTC+3)source
Alpha CapitalAlpha Pro 10%5% of day-start value; reference: day-start balance$95,000Static.$90,00000:00 GMT+3 (broker time)source
Alpha CapitalAlpha Pro 8%4% of day-start value; reference: day-start balance$96,000Static.$92,00000:00 GMT+3 (broker time)source
Blue Guardian2 Step Standard4% of initial; reference: day-start higher of balance/equity$96,000Static.$92,0005:00 pm EST (New York)source
Topstep (guide)Trading Combine (futures)None mandatory–Trailing, end-of-day balance. Locks at initial.$97,000End of trading day; Topstep's session is commonly cited as ending 3:10 pm CT / new day 5:00 pm CT (not confirmed on an official page) (unverified: reset time)source
Apex Trader Funding (guide)EOD Evaluation (futures)Fixed $ by size; pauses trading (not a breach)$98,500Trailing, end-of-day balance.$97,000Trading day resets 6:00 pm ETsource
Apex Trader Funding (guide)Intraday Trailing Evaluation (futures)None mandatory–Trailing, intraday peak incl. open profit.$97,000Threshold does not reset dailysource

Floors are for a brand-new account with no open positions. After day 1 they depend on your balance, equity and (for trailing rules) your high-water mark; the calculator works them out for any state. Account sizes and the 100K column are illustrative: not every program sells every size.

How to read it

Firm-by-firm guides

Get the data

The full dataset behind this table (with every source, last-verified date and unverified-field flag, plus copy-trading and automation policies) is open source under the MIT license: github.com/kburrus64-max/prop-firm-rules. Spotted a rule change? Open an issue there with the firm's official link.

Open the free drawdown calculator