Drawdown only updates at end-of-day. These prop firms use EOD trailing drawdown — safer than intraday trailing.
Topstep
Legends Trading
Alpha Futures
Purdia Capital
My Funded Futures
Take Profit Trader
FundedNext Futures
Lucid Trading
E8 Futures
Tradeify
Trade Day
Apex Trader Funding
Funded Futures Network
EOD trailing drawdown updates your loss floor at the end of each trading day based on your closing balance, not your intraday high.
Yes. EOD trailing is more forgiving because intraday profit spikes don't immediately raise your floor. You only lock in gains at day-end.
Most major prop firms use EOD trailing on at least some tiers. Topstep, Legends, E8, and Lucid all offer EOD trailing options.