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Prop firm rules

The rules that actually end funded accounts

Every firm publishes a drawdown limit. Almost none of them explain what it trails, when it stops trailing, or what a green day that round-trips costs you. These pages do — one firm at a time, in plain language, with the numbers taken straight from the rule sets Edgekeeper evaluates accounts against.

FTMO2-Step

FTMO rules explained: daily loss, maximum loss and the Prague reset

Max drawdown
10% of starting balance
Daily loss limit
5% of starting balance
Drawdown basis
A fixed floor that never moves
Day resets
12:00 a.m. Europe/Prague
Rules verified 24 September 2026Read the rules
TopstepStandard payout path

Topstep rules explained: the Maximum Loss Limit and the consistency target

Max drawdown
Set per plan size
Daily loss limit
Set per plan size
Drawdown basis
Trails your end-of-day balance
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
Apex Trader Funding50K Intraday Performance Account

Apex Trader Funding rules explained: the trailing threshold and no daily limit

Max drawdown
Set per plan size
Daily loss limit
None
Drawdown basis
Trails your live equity, open profit included
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
MyFundedFutures50K Pro

MyFundedFutures rules explained: end-of-day trailing and the payout buffer

Max drawdown
Set per plan size
Daily loss limit
None
Drawdown basis
Trails your end-of-day balance
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
BulenoxOption 1 (trailing drawdown)

Bulenox rules explained: two drawdown options and the one you picked

Max drawdown
Set per plan size
Daily loss limit
None
Drawdown basis
Trails your live equity, open profit included
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
Take Profit Trader50K PRO (funded)

Take Profit Trader rules explained: the drawdown that changes when you pass

Max drawdown
Set per plan size
Daily loss limit
None
Drawdown basis
Trails your live equity, open profit included
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
TradeDay50K Fast Pass

TradeDay rules explained: end-of-day drawdown and the 45% day

Max drawdown
Set per plan size
Daily loss limit
None
Drawdown basis
Trails your end-of-day balance
Day resets
4:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
Alpha Futures50K Standard

Alpha Futures rules explained: a percentage drawdown on a futures account

Max drawdown
4% of starting balance
Daily loss limit
2% of starting balance
Drawdown basis
Trails your end-of-day balance
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
Earn2TradeGauntlet Mini 50K

Earn2Trade rules explained: the Gauntlet Mini drawdown and unrealized losses

Max drawdown
Set per plan size
Daily loss limit
Set per plan size
Drawdown basis
Trails your end-of-day balance
Day resets
5:00 p.m. America/Chicago
Rules verified 24 September 2026Read the rules
FundingPips2-Step Standard

FundingPips rules explained: a static floor and the 5 p.m. day

Max drawdown
10% of starting balance
Daily loss limit
5% of starting balance
Drawdown basis
A fixed floor that never moves
Day resets
5:00 p.m. America/New_York
Rules verified 24 September 2026Read the rules
The5ers100K High Stakes

The5ers rules explained: a fixed maximum loss and a daily limit that moves

Max drawdown
10% of starting balance
Daily loss limit
5% of starting balance
Drawdown basis
A fixed floor that never moves
Day resets
12:00 a.m. Europe/Athens
Rules verified 24 September 2026Read the rules
FundedNextStellar 2-Step

FundedNext rules explained: which Stellar plan you are actually on

Max drawdown
10% of starting balance
Daily loss limit
5% of starting balance
Drawdown basis
A fixed floor that never moves
Day resets
5:00 p.m. America/New_York
Rules verified 24 September 2026Read the rules
E8 Markets100K E8 Classic

E8 Markets rules explained: a tighter floor in exchange for freedom

Max drawdown
8% of starting balance
Daily loss limit
4% of starting balance
Drawdown basis
A fixed floor that never moves
Day resets
12:00 a.m. Europe/Athens
Rules verified 24 September 2026Read the rules
City Traders Imperium2-Step Challenge

City Traders Imperium rules explained: no time limit, and what that changes

Max drawdown
10% of starting balance
Daily loss limit
5% of starting balance
Drawdown basis
A fixed floor that never moves
Day resets
12:00 a.m. Europe/London
Rules verified 24 September 2026Read the rules
Blue Guardian100K Instant Standard

Blue Guardian rules explained: a trailing floor on an instant account

Max drawdown
6% of starting balance
Daily loss limit
3% of starting balance
Drawdown basis
Trails your closed balance
Day resets
5:00 p.m. America/New_York
Rules verified 24 September 2026Read the rules

How these pages stay accurate

Every figure on these pages is rendered from the rule sets Edgekeeper actually evaluates accounts against, so the writing cannot quietly drift away from the product. Each page carries the date its rules were last checked and a link to the firm’s own rules page. Firms revise terms — by plan, by phase and without notice — so the firm’s page is always the authority, and every rule field stays editable on your own account. Spotted something out of date? Tell us and it gets corrected.

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Also worth reading: daily loss vs. trailing max drawdown and the rest of the trading guides.