25K Funded Accounts with End-Of-Day Max. Stop-Loss / Drawdown Limit Recalculation
Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Details |
---|---|---|---|---|---|---|---|---|
Earn2Trade |
25K | Progression Ladder | 80% | $1,750 | $550 | $1,500★ | $150 | Review |
TradeDay |
25K | 2 Contracts | 90%-100% | $1,500 | $1,500 | $1,500★ | $125 | Review |
Take Profit Trader |
25K | 3 Contracts | 80%-90% | $1,500 | $500 | $1,500★ | $150 | Review |
25K Funded Accounts with Intraday Max. Stop-Loss / Drawdown Limit Recalculation
Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Details |
---|---|---|---|---|---|---|---|---|
Apex Trader Funding |
25K | 4 Contracts | 90%-100% | $1,500 | none | $1,500★ | $147 | Review |
OneUp Trader |
25K | 3 Contracts | 90%-100% | $1,500 | none | $1,500★ | $125 | Review |
Prop Firm
Name of the prop firm.
Account Size
Buying power of the account. Example: 50K equals $50,000.
Max. Position Size
The maximum position size of futures contracts (e.g., E-Mini S&P 500) allowed in the prop firm account challenge. Example: 5 Contracts = five futures contracts can be held at any given time.
Profit Split
The percentage of profits a trader can withdraw to his bank account. Example: 90% means the trader can withdraw 90% of the profits.
Profit Target
The defined profit target has to be reached to complete the challenge successfully and get funded. Example: A 50K account needs to get up to $52,000 in order to reach the profit target.
Daily Loss Limit
The daily loss limit value, which is based on the balance of the account on the morning of a trading day. Example: If the account balance in the morning is $53,500 and the daily loss limit is $1,000, then the account should stay above $52,500 on that day.
Trailing Drawdown
There are three types of "trailing drawdown" calculation methods:
End-of-day calculation (★): Whenever the account value at the end of a trading day (EOD) was higher than the value ever before in a challenge, the trailing drawdown value increases. Example: You trade a 50K account with an EOD trailing drawdown of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). After successful trading, you end the day with $1,000 in profits. Your account balance should now always stay above $49,000 ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Real-time intraday calculation (★): Whenever a new account balance high is reached (including unrealized profits), the trailing drawdown level increases. Example: You trade a 50K account with a trailing drawdown live limit of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). You open a position that goes $1,000 into profits intraday (no matter if it is realized or unrealized profit). Now your real-time trailing drawdown moves to $49,000 intraday ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Note: The drawdown trailing typically ends once the drawdown level reaches the account's initial balance. Example: Initial Balance = $50,000, drawdown amount = $2,000. The trailing of the drawdown amount stops once the account balance reaches $50,000 + $2,000 (EOD or real-time, depending on your prop firm). In some cases, the prop firm adds another $100 to the level. Make sure to check the exact parameters before you start trading.
Static (★): Static Accounts never trail the drawdown value. They remain at the level where you begin. Example: You start at a $100,000 static account with a max loss limit of $625. In the static account, your maximum drawdown level will stay at $99,375 at any given time, independently from your performance.