Firms whose trailing drawdown ratchets on intraday equity
An intraday trailing floor recalculates continuously, in real time, off the highest equity the account has touched during the trading day — including unrealized profit on positions that are still open. The floor never moves back down. Because it tracks equity rather than closed balance, an open position that runs into profit and then gives part of it back can breach the floor on the way down even though the trade behind it was never closed at a loss.
This is the version PropSurvival's own written derivations single out (trailing-drawdown.html): the floor can sit above the account's own closed-trade history, so "profitable" and "still alive" become independent facts about the same account. A trader watching realized P&L alone has no way to see the floor moving underneath an open position.
- Elite Trader Funding: Unresolved in this firm's own documentation (read, not reconciled): whether the trailing floor locks at the starting balance once the target is reached.
| Firm | Its own sourced clause | Retrieved / last checked | Firm rules page |
|---|---|---|---|
| Apex Trader Funding | 4% ($1,000), off the highest intraday equity "enforced in real time, including unrealized PnL"Source: https://apextraderfunding.com/help-center/intraday-trailing-drawdown-accounts/intraday-trailing-drawdown-explained/ |
retrieved 2026-07-16 · last checked 2026-07-22 | Apex Trader Funding — Trailing drawdown |
| Elite Trader Funding | 4% ($2,000), off the highest intraday equity "Drawdown Type Live Trailing, Open and Realized Profit. ... The maximum allowed loss trails your highest unrealized profit during the day. If your open P&L spikes and then gives back, the floor can have moved against you, even before the trade closes."Source: https://elitetraderfunding.app/1-step-evaluation |
retrieved 2026-07-30 · last checked 2026-07-30 | Elite Trader Funding — Trailing drawdown |
| Leeloo Trading | 6% ($1,500), off the highest intraday equity "reader A: "trails your OPEN equity, intra-trade (NOT closed profit)"; reader B: "tracks live open/unrealized equity tick-by-tick, not just end-of-day balance""Source: https://support.leelootrading.com/kb/a44/rising-trailing-max-drawdown-explained.aspx |
retrieved 2026-07-30 · last checked 2026-07-30 | Leeloo Trading — Trailing drawdown |
| Maven Trading | 5% ($100), off the highest intraday equity "It has a 5% maximum trailing loss limit"Source: https://maventrading.com/terms-and-conditions |
retrieved 2026-07-30 · last checked 2026-07-31 | Maven Trading — Trailing drawdown |
| OneUp Trader | 6% ($1,500), off the highest intraday equity ""The Trailing Drawdown is calculated in Real-Time during your trading day" / "...calculated in real-time during your trading session and it includes simulated commissions and fees." (evaluation-phase article 389; the funded-phase twin, article 388 "Funded Trader Trailing Drawdown", states the identical real-time mechanic and is the article illustrated with the $100,000-account worked-example chart used for this corpus's reconciliation vector.)"Source: https://help.oneuptrader.com/article/389-rules-definitions |
retrieved 2026-07-30 · last checked 2026-07-30 | OneUp Trader — Trailing drawdown |
| TradeDay | 4% ($2,000), off the highest intraday equity "Trailing Max Drawdown $2,000 (calculated Intraday)"Source: https://tradeday.com/ |
retrieved 2026-07-30 · last checked 2026-07-30 | TradeDay — Trailing drawdown |
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