Futures prop firms with end-of-day drawdown

At the start of each day the maximum loss level sits a set distance below your highest end-of-day balance so far. During the session that level stays still, even if open profit runs up and then falls back. At the close, a new high balance lifts the level, while a losing day leaves it where it was.

The level is fixed during the day, but your equity is still checked against it in real time, so a large intraday loss can breach the account before the close. On many programs the trailing stops once the level reaches the starting balance or a set amount above it, after which it behaves like a static limit.

Compared with intraday trailing, an end-of-day model lets you hold winners through pullbacks without the limit chasing your unrealised gains. Compared with static, it still locks in part of each profitable day, which can catch traders who give back profit over several sessions. Before buying, check when the firm's day ends, whether it uses balance or equity, and where the trailing stops.