Firms whose trailing drawdown ratchets end-of-day

An end-of-day trailing floor recalculates once, at the close of each trading session, off the highest end-of-day closed balance the account has reached. The floor never moves back down, and it does not test anything between closes — a position that runs into a deep open loss and recovers before the session ends never touches it. The floor only ratchets, and only breaches, at the close.

This is easy to misread as forgiving, because nothing intraday can trigger it — but the floor it locks in at each close is permanent and never gives room back. A trader who closes a session at a new high has, in that instant, raised the elimination line for every session that follows, whether or not that day's gain is ever given back.

This page groups firms by a shared, published rule mechanic. It states no pass rate, no ranking and no comparative opinion about any firm — each row is that firm's own published clause, sourced and dated independently of every other row. Rules change without notice; a firm's own documentation is always the final authority. This page is independent research, not investment or trading advice, and PropSurvival is not affiliated with, endorsed by, or sponsored by any firm named on it.