Crypto prop firms with trailing intraday drawdown

How we selected these firms

• The firm’s main program uses trailing intraday drawdown (verified on the firm’s rules).
• Products with a different model are still shown in the per-product table with their own model.

How trailing intraday drawdown works

With a trailing intraday (real-time) drawdown, the floor follows the highest equity your account reaches, including unrealised profit on open trades. If a trade is up $800 and you let it come back to break-even, the floor has still moved up $800.

This is the hardest model to manage, because every intraday peak tightens the account. Most firms stop the trailing once the floor reaches the starting balance (or a buffer above it).

Worked example on a real account

Take AquaFunded Instant Standard 50K: $50,000 starting balance and $2,500 maximum drawdown. Below is a hypothetical four-day path (the trades are invented; the account rules are real). The last three columns show where the floor sits during each day under each model.

Under trailing intraday drawdown this path fails on day 4: the day’s low of $49,125 reaches the floor of $49,500.

The damage is done on day 3: the open-profit peak pulls the floor up even though the day closes much lower.

Which firms use it

6 of 78 firms (8%) use trailing intraday drawdown on their main program: 0 of 28 Futures firms, 6 of 42 Forex & CFD firms, 0 of 7 Crypto firms. A firm can use a different model on individual products or on the funded account; the table shows the model per product.

How to trade this model

Practical points:

• Use stops close to entries; letting a winner run back to break-even costs room permanently.
• Trade fewer contracts until the floor has locked.
• Check whether the funded account switches to end-of-day trailing, which some firms do.

FAQ

Related

Drawdown types explainedDrawdown lock explainedDrawdown calculatorEnd-of-day (EOD) trailing drawdownStatic drawdown