End of day drawdown is the third drawdown model in futures prop, and it is the one most often described wrongly. It is not static. It is not a daily reset. It is a trailing floor that updates once, at the close, using the day’s closing balance instead of the session’s peak equity.

That single difference in timing decides which of your losing days actually kill the account. It also creates a trap that static drawdown does not have, because the floor only ever moves in one direction.

What End Of Day Drawdown Measures

End of day drawdown sets your account’s minimum balance from the highest closing balance you have reached, minus a fixed amount. It recalculates once per session. Anything that happens between the open and the close is ignored for the purpose of the trailing floor.

Funding Futures states the mechanic plainly on its own site: your drawdown limit trails higher at the end of day relative to your highest recorded balance on the previous day. Onyx Futures puts the same idea in one line, saying the drawdown updates at the close, not on every tick.

Unrealised profit does not count. If you are up $1,800 at 11am and you give all of it back before the bell, an end of day account treats that session as flat. An intraday trailing account does not. It has already moved your floor up by $1,800 and it is not giving it back.

The Three Drawdown Models, And Why Two Get Confused

Futures prop firms use three models: static, intraday trailing, and end of day trailing. Most comparison content treats drawdown as a binary between trailing and static, which collapses the third one into whichever of the other two the writer knows better.

The confusion is worth money. Apex Trader Funding is one of the largest futures prop firms and its site labels the rule Intraday Trail, on both evaluation and funded accounts. Tradeify labels its equivalent Trailing Max Drawdown (EOD). Those two accounts behave completely differently on a volatile day, and a trader who assumes all trailing works the same way will size identically on both.

If you want the static side of this comparison in more depth, we cover it in trailing versus static drawdown. The related distinction between measuring on balance and measuring on equity is covered in balance drawdown versus equity drawdown.

The Ratchet That Shrinks Your Buffer

End of day drawdown protects you from intraday noise, and traders stop reading there. The part that costs accounts is the other half of the rule: the floor rises on every new closing high and it never falls back, so your usable buffer shrinks permanently every time you bank a green day and then give the profit back.

This is why “end of day is basically static” is wrong. Static drawdown gives you the same buffer on day one and day ninety. End of day trailing gives you your full buffer once, on day one, and then reduces it every time you make a new closing high without holding onto the gains.

A Worked Example On A 50K Account

Take a 50K funded account with a $2,000 end of day drawdown, which matches the published figure on Tradeify’s 50K funded plan. Starting balance $50,000, so the starting floor is $48,000. Watch what the same three sessions do under end of day and under intraday trailing.

Day 2 is the case people buy end of day accounts for, and it works exactly as advertised. Day 3 is the case they do not think about. The account is still alive, still above its starting balance by nothing at all, and now has a quarter of its original buffer. One ordinary losing session ends it.

You can run your own numbers on our drawdown calculator before committing to an account size.

Futures Prop Firms With Verified End Of Day Drawdown

Eight futures firms in our directory use end of day drawdown, confirmed against each firm’s own site rather than taken from a directory listing. The wording below is the firm’s, not ours. Five further listings were checked and removed from this group, which is covered under where end of day stops applying.

Onyx Futures and PropEd Capital both let you choose between end of day and static at purchase, so the model is a decision rather than a property of the firm. Take Profit Trader goes the other way and pairs end of day drawdown with a $1,100 daily loss limit, capping the downside the trailing rule was already ignoring.

Where End Of Day Stops Applying

The drawdown model is not always a property of the firm. It can change between the evaluation and the funded account, between plan tiers, and between simulated and live capital. Reading one plan’s rules and assuming they hold across the product line is how traders end up on a model they did not choose.

Earn2Trade is the clearest example we verified. End of day drawdown applies to the Trader Career Path and the Funded LiveSim account. Move onto a Funded Live account and the rule becomes a straight trailing drawdown. Reach the $200,000 Growth Plan and it becomes a fixed floor instead. Same firm, same trader, three different models depending on how far you have progressed.

Tradeify shifts in a smaller way. The trailing amounts on the funded plans are not the same as the evaluation amounts. The 100K evaluation carries a $3,000 EOD figure while the 100K funded account carries $2,500, so passing the evaluation tightens the rule rather than loosening it.

What To Check Before You Buy

Three questions settle whether an end of day account suits how you trade. None of them are answered on the pricing page. All three are answered in the rulebook.

Does the floor trail the closing balance or the closing equity

If it trails closing equity and you hold positions overnight, an open winner still moves your floor. For a swing approach that quietly reintroduces the problem end of day was supposed to solve. Day traders who flatten before the close are unaffected.

Does the trailing stop at any point

Some firms freeze the floor once it reaches the starting balance, which converts the account to static from that point on. That is a materially better deal than one that trails forever, and it is usually a single line in the rulebook rather than anything on the pricing page.

Is there a daily loss limit sitting on top

End of day drawdown and a daily loss limit are separate rules and firms combine them freely. Take Profit Trader runs both. Futures Elite and Funding Futures state no daily limit. Onyx Futures forces none and asks you to set your own. Whichever rule is tighter on the day is the one that fails your account, so the trailing figure alone does not tell you your real risk budget.

Every figure on this page came from the firm’s own site, checked on the date of publication. Firms change rules often and without notice, so treat the rulebook as the source and this page as the shortlist. Our methodology explains how listings are scored and reviewed.