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Short answer. An end-of-day (EOD) drawdown recalculates your maximum loss limit once, at the session close, instead of tick by tick — so a normal pullback inside a winning trade cannot stop you out. In 2026 the firms running EOD on at least one track are Miltraders, Topstep, Take Profit Trader, MyFundedFutures, Elite Trader Funding, Lucid Trading, Tradeify, Phidias and Apex. The catch: at most of them the drawdown model is set per account type, not per firm — so check the plan, not the logo.
The rule that ends most funded runs is not the profit target. It is the drawdown — and whether it is measured intraday or at the close decides if an ordinary retrace costs you the account. We are a futures prop firm ourselves, and we run EOD on every program, so treat this page as what it is: a sourced list, published by a firm with a side. Every claim below links to the firm's own rules so you can check it yourself.
End-of-day drawdown is a maximum loss limit that is recalculated once per trading day, from your closing balance. Unrealized profit and intraday swings do not move it. If your account is up $1,500 at 11am and gives it all back before the close, an EOD limit never saw that $1,500 — and never raised your floor to match it.
That single timing difference is the whole argument. Under an intraday trailing model, the same round trip permanently lifts your liquidation level to the high-water mark you touched for a few minutes. Traders call it getting spiked out: the account breaches on a move that never appeared in the closing balance.
Three models are in circulation on futures accounts, and firms mix them across plans:
| Drawdown model | When the floor moves | What it costs you |
|---|---|---|
| End-of-day (EOD) trailing | Once, at the session close, from the closing balance | Intraday noise is ignored. The floor still climbs as you grow. |
| Static | Never — fixed at purchase | Simplest to hold, but the buffer never grows with your profit. |
| Intraday trailing | Continuously, following unrealized highs | Riskiest. A retrace inside a winner can breach the account. |
Nine firms offer EOD on at least one track. The column that matters is the third one: at five of them EOD is only one option among several, so buying the wrong plan at the right firm still lands you on an intraday trailing account.
| Firm | EOD available | On which accounts | Stated by |
|---|---|---|---|
| Apex Trader Funding | Yes, alongside intraday | EOD threshold accounts only; intraday trailing on the rest | Its Help Center, "EOD Drawdown Explained" |
| Elite Trader Funding | Yes, as a dedicated track | The End of Day evaluation; static and trailing sold separately | Its evaluations page |
| Lucid Trading | Yes | LucidFlex evaluation and funded accounts | Its support centre, "LucidFlex Drawdown" |
| Miltraders | Yes — EOD with lock | Every program: Zero, Pro, Instant | Its funded account rules |
| MyFundedFutures | Yes, on most plans | Rapid EOD, Pro, Builder, Starter — not Rapid, which is intraday | Its plan grid |
| Phidias | Yes — static and EOD | Across its programs | Its homepage rules summary |
| Take Profit Trader | Yes, partially | Evaluation and PRO+ are EOD; PRO is intraday trailing | Its own blog on scaling plans |
| Topstep | Yes | The Maximum Loss Limit trails on end-of-day balance | Its Help Center, "What is the Maximum Loss Limit?" |
| Tradeify | Yes | Trailing Max Drawdown marked (EOD) on its grid | Its pricing grid |
The firm-level answer is usually wrong. "Is firm X end-of-day?" has no single answer at Apex, Elite Trader Funding, MyFundedFutures or Take Profit Trader — all four sell EOD and intraday side by side. Comparison sites that tag a firm as EOD are describing one of its plans. Read the plan you are about to buy.
Yes. Topstep's Maximum Loss Limit is a trailing limit that rises with your end-of-day balance and never moves back down, which is the definition of EOD trailing. Unrealized intraday profit does not raise it. Topstep states this in its Help Center article on the Maximum Loss Limit.
Partly, and this is the one that catches people. Take Profit Trader uses end-of-day trailing on the evaluation and on PRO+ accounts, but its PRO accounts use intraday trailing. The firm says so itself on its blog. Passing an EOD evaluation therefore does not guarantee an EOD funded account — it depends which funded tier you land on.
Yes, since 2026, but not by default. Apex built its reputation on intraday trailing and still runs it on most accounts; it now also sells accounts on an End-of-Day threshold. Its Help Center publishes both articles side by side. If you want EOD at Apex, you have to buy the EOD product specifically.
MyFundedFutures marks the drawdown type on each plan card: Rapid is intraday, while Rapid EOD, Pro, Builder and Starter are EOD trailing. Elite Trader Funding sells three separate tracks — static, end of day, and trailing — so the model is a purchase decision rather than a house rule. Lucid Trading's support centre states that LucidFlex evaluation and funded accounts use EOD to calculate the Max Loss Limit. Tradeify labels its Trailing Max Drawdown as EOD on its own pricing grid.
For almost every discretionary futures trader, EOD is easier to survive, because it removes an entire failure mode: breaching on unrealized profit you never withdrew and never even closed. Intraday trailing punishes letting a winner breathe, which is exactly what most trade management asks you to do.
Intraday is not irrational, though. It caps the firm's risk in real time, which is why it dominates aggressive instant-funding products. The honest trade-off is that it demands tighter management and a very clear sense of where your floor sits at every moment. We break the two models down side by side, with a worked example of the same trade under each, in intraday drawdown vs end-of-day drawdown.
These are two different rules and traders routinely confuse them. The maximum drawdown is the floor that ends the account. The daily loss limit (DLL) is a separate ceiling on how much you may lose in a single session — hit it and the platform flattens you for the day, but the account survives.
Amounts vary widely, and plenty of accounts carry no DLL at all. At Miltraders there is no daily loss limit on Zero or Pro funded accounts; Instant accounts carry one, at $1,200 on a 50K, $2,250 on a 100K and $3,300 on a 150K. A firm advertising EOD drawdown can still impose a tight daily limit, so read both numbers before you judge a plan.
We run EOD drawdown on every program — Zero, Pro and Instant — with no intraday trailing anywhere, and we add a lock on top. The limit recalculates only at the close, only ever trails upward, and never moves down even when you close the day below your previous high.
Worked from our own published rules, on a 50K account with a $2,000 maximum drawdown:
| Session | Closing balance | Liquidation level |
|---|---|---|
| Start | $50,000 | $48,000 |
| Day 1 close | $50,800 | $48,800 |
| Day 2 close | $50,300 | $48,800 — never moves down |
| Day 3 close | $51,500 | $49,500 |
The lock is the part most EOD accounts elsewhere do not include. Once your balance reaches a set threshold, the drawdown stops trailing for good and freezes at your starting balance plus $100 — so the account can no longer be lost to a drawdown breach below the money you started with.
| Account size | Lock threshold | Liquidation locked at |
|---|---|---|
| 50K | $52,100 | $50,100 |
| 100K | $103,100 | $100,100 |
| 150K | $154,600 | $150,100 |
All of it is published in full in our funded account rules, and the account sizes and pricing sit on the pricing page. If you are comparing us with another firm, compare those two pages against theirs rather than against a review site.
Want end-of-day drawdown with a permanent lock, on every account size?
It is a maximum loss limit recalculated once per day from your closing balance rather than continuously from your live equity. Intraday swings and unrealized profit do not move it, so a pullback inside an open winning trade cannot breach the account.
It means that plan's loss limit is measured at the session close. Firms print the drawdown type on each plan because it varies between plans at the same firm — MyFundedFutures, Apex, Elite Trader Funding and Take Profit Trader all sell EOD and intraday products side by side.
On at least one track: Miltraders, Apex, Elite Trader Funding, Lucid Trading, MyFundedFutures, Phidias, Take Profit Trader, Topstep and Tradeify. Only some of them apply it across their whole range — Miltraders runs EOD on Zero, Pro and Instant alike.
EOD is easier to survive for most discretionary traders because it ignores unrealized intraday highs, removing the single most common way funded accounts breach. Intraday trailing caps the firm's risk in real time and demands much tighter trade management in exchange.
Yes. Topstep's Maximum Loss Limit trails upward on end-of-day balance and never moves back down, which is end-of-day trailing. Its Help Center states this directly.
On the evaluation and PRO+ accounts, yes. On PRO accounts, no — those use intraday trailing. The firm publishes the distinction on its own blog, so confirm which tier you are buying.
Only if the firm builds in a lock. At Miltraders it locks permanently at your starting balance plus $100 once your balance reaches $52,100 on a 50K, $103,100 on a 100K or $154,600 on a 150K. Many EOD accounts elsewhere trail indefinitely.
The daily loss limit is a separate rule from the maximum drawdown: it caps losses within one session and typically flattens your positions rather than closing the account. Miltraders applies none on Zero and Pro funded accounts, and $1,200 / $2,250 / $3,300 on Instant 50K / 100K / 150K.
Yes. EOD removes the intraday spike-out, not the loss limit itself. If your closing balance falls to the liquidation level, the account breaches — the difference is that only realized, settled losses can take you there.
MILTRADERS is a futures prop firm running evaluation and instant-funding programs from $50K to $150K, with end-of-day drawdown on every program, a 90% profit split and payouts processed within 48 hours. Rules, drawdown mechanics and payout conditions are published in full on our rules page and pricing page. We publish this comparison as a firm with a stake in it; every competitor claim above is attributed to that firm's own documentation so you can verify it independently.
Sources.Firm rules as published by each firm: Topstep Help Center (Maximum Loss Limit); Apex Trader Funding Help Center (Intraday Trailing Drawdown; EOD Drawdown Explained); Take Profit Trader blog (prop firms with scaling plans; prop firm rules); MyFundedFutures plan grid; Elite Trader Funding evaluations and end-of-day evaluation pages; Lucid Trading support centre (LucidFlex Drawdown); Tradeify pricing grid; Phidias homepage rules summary; Miltraders funded account rules. Read 29 September 2026. Trading involves a risk of loss; drawdown terms vary by firm and plan — verify current rules before purchase. For background on futures risk, see the CFTC education center and NFA investor resources.
SIMULATED TRADING DISCLAIMER. All trading conducted through MILTRADERS takes place in a simulated environment using real market data. No live securities, futures or foreign-exchange transactions are executed on behalf of traders. MILTRADERS L.L.C-FZ is not a broker-dealer, futures commission merchant, or investment advisor, and is not regulated by any financial authority. Nothing on this website constitutes investment advice or a solicitation to trade. Trading futures involves substantial risk of loss and is not suitable for every person. Hypothetical and simulated performance results have inherent limitations, and no representation is made that any account will or is likely to achieve profits or losses similar to those shown. Payouts are made pursuant to the applicable Agreements. Please read our Risk Disclosure Statement in full before purchasing any evaluation.
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