📉 Drawdown Rules

Static Drawdown vs Trailing Drawdown — How to Spot the Trap

8 min readPublished 2026-09-01

Most funded traders lose their challenge not because of bad strategy — but because they misunderstood whether the drawdown was static or trailing. This guide explains the difference with real numbers.

What is a Static Drawdown?

FTMO uses a static 10% max loss. Your loss floor is locked at a fixed dollar amount the moment you fund your account — and it never moves, regardless of how much profit you make. On a $50,000 account, that floor is set at $45,000 from day one.

Even if your account grows to $58,000, your floor stays at $45,000. You retain the full $10,000 buffer throughout your entire funded career. This is the safest model for active traders who have volatile equity curves.

What is a Trailing Drawdown?

With a trailing drawdown, your loss floor follows your highest balance — either tick-by-tick (intraday) or only at daily close (EOD). This is where most traders get trapped.

Example — Intraday Trailing on a $50k account:
Your account peaks at $53,000 intraday during a news spike. Your floor immediately moves from $45,000 to $47,999. If the trade then retraces $2,001 against you before you exit, you are liquidated before the close — even if you would have recovered by end-of-day.

EOD vs Intraday Trailing — Critical Difference

Not all trailing drawdowns are equal. The exact mechanism matters enormously for how you manage open positions.

  • EODTopstep uses EOD trailing — the floor only updates at 4:00 PM CT (market close). You can hold positions intraday without the floor chasing you, as long as you close before 4 PM.
  • INTRABulenox uses intraday trailing — the floor updates on every open tick against you. A spike that retraces can wipe your account without any close-out on your part.
Intraday trailing is the single most common hidden trap in prop firm marketing. The firm usually calls it just "trailing drawdown" without specifying intraday vs EOD. You must ask support explicitly.

Firm Comparison

FirmModelTrap RiskExample
FTMOStaticLowFloor fixed at $45k on $50k account forever
TopstepEOD TrailingMediumFloor updates at 4 PM CT only — intraday spikes safe
FundedNextStatic (Stellar)LowFloor fixed at 10% from account start
BulenoxIntraday TrailingHIGHFloor ticks up with every peak — news spikes dangerous

How to Check Before Buying

  • 1.Look for the words "trailing drawdown" vs "static drawdown" in the firm's Terms of Service — not the marketing landing page.
  • 2.Ask support directly: "Does the drawdown floor update intraday on open positions, or only at end-of-day?" Get the answer in writing (screenshot the chat).
  • 3.If the firm cannot give you a clear written answer, treat it as intraday trailing and plan accordingly — or choose a different firm.