People-first guide · Rule research
How to compare prop firm drawdown rules
A checklist for separating daily loss, maximum loss, trailing drawdown and equity-based calculations.
Questions to answer
- Record whether limits use balance, equity or another measure.
- Check when the daily calculation resets and which time zone applies.
- Model open-position losses, fees and floating profit before purchase.
Use the official terms as the final authority
Rules can change by product, account type, entity and jurisdiction. Save the source page and review date before making a purchase or deposit.
Read the methodology