Which crypto prop firms have no daily drawdown?
Six of 22 crypto prop firms set no daily loss limit on at least one plan.
Key points
- Six of the 22 firms publishing a maximum loss limit offer at least one plan with no daily limit at all.
- On a $10,000 account the tightest daily limit in our tables, 2%, is $200.
- The same 3% can be two different rules.
A trader at a perp prop firm is down on the day with a position still open. The daily loss limit decides how much further it can go: $2,000 to $5,000 on a $100,000 account, across the 22 firms in our tables. The maximum loss limit, from 2% to 14% of the account, ends it for good.
Overnight, two perp prop firms changed a page: Breakout and FundedNext. FundedNext took a line off its terms: "Account creation is an essential condition for purchasing products, participating in evaluation programmes and receiving any Performance Rewards provided for under these Terms." Breakout added lines to its help page.
| Drawdown type | |||
|---|---|---|---|
| MyFundedPerps | 3% or none | 3–6% | Static |
| BEM Funding | 3–4.5% | 6–9% | Static or trailing |
| Bitfunded | 4–5% | 3–10% | Static |
| Breakout | 3% | 3–6% | Static |
| BrightFunded | 3–5% | 6–10% | Static or trailing |
| CoinProp | 3% | 3–6% | Static |
| Crypto Fund Trader | 3–5% (6% with add-on) | 3–10% (12% with add-on) | Static |
| E8 Markets | 2.5–4% (higher with larger drawdowns) | 4–14% | Static or trailing |
| For Traders | 3% | 5% | Static |
| FundedNext | 3–5% or none | 6–10% | Static or trailing |
| Hypernova | 3–5% | 3–8% | Static |
| Hyperstack (Vanta Trading Challenge) | 5% | 5–8% | Trailing |
| HyroTrader | 3–5% | 5–10% | Not stated |
| Kraken Funded | None | 3% | Static |
| Kraken Prop | 3% or none | 3–6% | Static or trailing |
| Leveraged | 3% | 6% | Trailing |
| Propr | 3–5% | 3–8% | Static or trailing |
| SizeProp | 2% | 3–3.5% | Static |
| Upscale | 3–5% or none | 6–10% | Static or trailing |
| Vanta Trading | 3–5% | 5–8% | Static or trailing |
| Vest Markets (Vest Capital) | 3–5% or none | 2–8% | Static |
| WenCrypto | 3–5% or none | 5–8% | Static |
- Changed overnight
- Breakout, FundedNext Rules and announcement pages, against the day before
- Firms compared
- 22 Every perp prop firm in our tables that states its loss limits
- Longest unchanged
- 34 days HyroTrader, the steadiest page we read
How much can you lose before a crypto prop firm account breaches?
Six of the 22 firms publishing a maximum loss limit offer at least one plan with no daily limit at all. The two limits do different jobs: the daily one ends a bad session, the maximum one ends the account.
The firms with a plan that carries no daily limit are FundedNext, Kraken Prop, MyFundedPerps, Upscale, Vest Markets (Vest Capital) and WenCrypto.
Get new codes first
An email the day a crypto prop firm posts a new discount code or changes a rule.
What it means in dollars
On a $10,000 account the tightest daily limit in our tables, 2%, is $200. At 10x that account can hold a $100,000 position, and a 0.2% move against it uses the whole day's allowance.
The maximum limit counts the same way over the life of the account. At 3%, a $100,000 account has $3,000 to lose in total, however many days it takes.
In the firms' own words
For Traders' rules page puts it this way: "On a $10,000 account, your Max Drawdown is $500, so your account must stay above $9,500."
Kraken Funded writes: "There is just this one overall drawdown limit of 3%; there is no daily drawdown limit."
What is the difference between a daily and a maximum loss limit?
The daily limit caps what the account may lose in one trading day, measured from a reference the firm sets, and it resets at a fixed hour. The maximum limit caps what the account may lose in total. Breaching either one usually ends the evaluation or the funded account.
Why it matters
The daily limit is the one rule a single session can break. Worked out in dollars for the account being bought, it sets the most any one trade can be allowed to lose.
Read how each limit is measured, not only its size. A daily limit taken from the day's opening equity moves with your open profit, and one taken from the starting balance does not. The same 3% can be two different rules.
Check whether the maximum loss is static or trailing. A trailing limit follows your high point up, so a good week raises the floor under you. A static one stays where the account started.
Daily limits reset at an hour the firm sets, not when your session starts. Know that hour before you hold a position through it.
What to watch
The count to watch is six of 22: the firms with a plan that carries no daily limit. A firm adding such a plan, or closing one, moves that number, and the changes page would show it the morning it happens. Tomorrow the comparison turns to payout schedules.