May 2026 Ranking · Drawdown type verified per firm · Updated monthly
Prop Firms with No Trailing Drawdown: Verified Ranking 2026
· By PropScope · Drawdown type verified this week
Trailing drawdown is the #1 cause of avoidable liquidations in prop trading — it punishes you for winning. These are the futures prop firms with fixed or static drawdown where your floor never rises, no matter how much you grow. Real prices with discount codes applied, exact drawdown type, and direct comparison.
Trailing drawdown vs. fixed drawdown: the difference that can cost you your account
Trailing drawdown is the leading cause of preventable prop firm account liquidations. Understanding how it differs from fixed drawdown is the most important thing you can know before choosing a firm.
❌ Trailing Drawdown — the problem
Your maximum loss floor rises with your equity. If you start at $50K (4% trailing = floor at $48K) and reach $55K, your floor rises to $52,800. The better you trade, the less cushion you have for the inevitable correction. 60–70% of trailing drawdown liquidations happen right after the trader's best day — not from poor trading, but from the mechanics of the system itself.
✅ Fixed/Static Drawdown — the solution
Your floor is set at the start of the evaluation and never rises. If you start at $50K (4% fixed = floor at $48K), that floor is $48K forever. When you grow to $60K, you have $12K of cushion. Every dollar you earn increases your safety margin instead of shrinking it. You always know exactly how much you can lose at any point in the evaluation.
For a full breakdown of all three drawdown types (fixed, trailing, and EOD), read our complete drawdown types guide.
Full ranking: prop firms with no trailing drawdown and verified prices
All firms ordered by drawdown quality and overall value. Prices with discount codes applied, verified May 2026. Drawdown type is confirmed for each firm — we don't rely solely on each company's own marketing.
* MyFundedFutures trails at day close only — not intraday. For traders who close all positions before market close, it behaves very similarly to a fixed drawdown firm. ·
Fixed = floor never rises ·
Static EOD = adjusts only at close ·
EOD Trailing = follows equity at close
Top 3 prop firms with no trailing drawdown — full breakdown
The three firms that best combine no-trailing drawdown with price, reputation, and payout speed.
Bluenox ($19.25): fixed drawdown + ultra-low price — is it worth it?
Bluenox is a special case: it has fixed drawdown (no trailing) and is the cheapest prop firm on the market at $19.25 with code XTAYU (89% OFF).
Why Bluenox can be the best option
If you have a proven, disciplined strategy, Bluenox gives you fixed drawdown at the lowest price in the market. If you don't pass, the cost to retry is just $19.25. You could run 5 attempts for less than the cost of a single evaluation elsewhere. For traders with a clear edge, this is a very favorable equation.
Why Bluenox can be a mistake
Bluenox's fixed drawdown is very strict — the margin for error is minimal. If you're a beginner or testing a new strategy, the tight fixed drawdown will stop you out before you can learn. In that case, Phidias ($65.60 with generous fixed drawdown) is a much better investment despite the higher price.
Verdict: Bluenox for experienced traders looking to minimize entry cost. Phidias for any trader who wants fixed drawdown with reasonable rules and room to breathe.
When can a trailing drawdown prop firm still be worth it?
There are scenarios where trailing drawdown — especially in EOD form — can be a rational choice depending on your trading profile and the evaluation cost.
⚠️ EOD trailing ≠ intraday trailing
There's an important distinction that many traders overlook: intraday trailing (where the floor rises in real time as you trade) is the truly dangerous variant. EOD trailing (which only adjusts the floor at the daily close) is far more manageable because it only locks in your high watermark at the end of the session — not on every tick you make during the day. MyFundedFutures ($75 with PROPSCOPE) and FXIFY ($53.40 with PROPSCOPE) use EOD trailing, not intraday.
EOD trailing can work if you…
Close all positions before market close every day
The price is significantly lower than fixed drawdown firms (e.g., $53 vs $107)
Your strategy doesn't generate large intraday equity swings
It's your first evaluation and you want to minimize total cost
EOD trailing does NOT work if you…
Frequently hold positions overnight
Have very good days followed by corrections (typical of swing trading)
The price difference vs. a fixed drawdown firm is less than $30–40
You've had a previous trailing liquidation and know it affects you mentally
Which no-trailing prop firm fits your profile?
The best no-trailing prop firm isn't the same for everyone. This quick guide helps you decide based on your situation:
You want the best fixed drawdown + fast payout
→ Alpha Futures ($107.00 with PROPSCOPE). 100% fixed drawdown, ~7-day payout — the fastest in the market. No firm combines these two features better.
You want fixed drawdown at the lowest price
→ Phidias ($65.60 with PROPSCOPE, 60% OFF). The cheapest prop firm on the market with fixed drawdown and reasonable rules. The One Day Pass lets you qualify in a single intensive session.
You want an established, reliable brand
→ E8 Markets ($120 with PROPSCOPE). Years of history, large community, solid support, and static EOD drawdown. The option for traders who prioritize reputation over price.
You want price/drawdown balance + intraday close
→ MyFundedFutures ($75 with PROPSCOPE). EOD trailing only. If you close all positions before market close, the EOD trailing doesn't affect you in practice. Good price and active community.
Ready to choose? All codes verified this week.
Copy the code before clicking the button — some sites only apply the discount if the code is entered at checkout.
Frequently asked questions about prop firms with no trailing drawdown
Futures prop firms with no intraday trailing drawdown in May 2026: Alpha Futures (100% fixed drawdown, never moves), Phidias (fixed EOD), E8 Markets (static EOD), Earn2Trade (static EOD), and Aqua Futures (static EOD). Bluenox also has fixed drawdown, though with very strict rules. MyFundedFutures has EOD-only trailing (not intraday), which is far more manageable than real-time trailing.
Fixed drawdown sets your maximum loss floor at the start of the evaluation and that floor never rises. If you start with $50K and the fixed drawdown is 4% ($2,000), your floor is always $48,000 — no matter how much you grow. Trailing drawdown follows your equity upward: if you reach $55K, your floor rises to $52,800. The better you trade temporarily, the less cushion you have. Fixed drawdown gives you certainty; trailing penalizes you for winning. For a full breakdown, read our drawdown types guide.
Yes. Alpha Futures has 100% fixed (absolute static) drawdown. The minimum equity level is set at the start of the evaluation and never moves, no matter how much the account grows. This makes it the best option on the market for traders who want to completely avoid trailing drawdown. With code PROPSCOPE the price is $107.00 (10% OFF), and the first payout arrives in ~7 days — the fastest in the market.
Phidias has fixed EOD drawdown. The drawdown level can only adjust at the daily close, never intraday. In practice, throughout the entire trading session you know exactly where your floor is — no intraday surprises. With code PROPSCOPE the price is $65.60 (60% OFF on $164), making it the cheapest prop firm on the market with fixed drawdown.
No. E8 Markets uses static EOD drawdown. The maximum loss level is calculated at the daily close relative to the account's starting balance — not relative to the highest equity reached. This completely eliminates the risk of the floor rising intraday during a winning session. With code PROPSCOPE the price is $120 (20% OFF).
MyFundedFutures has EOD trailing only — not intraday. The drawdown adjusts only at the daily session close. For traders who close all positions before market close, it behaves very similarly to a fixed drawdown firm. With code PROPSCOPE the price is $75 (40% OFF).
Because it creates a brutal paradox: your best trading day can be the same day that leaves you with almost no cushion left. When you make big gains with trailing, the floor rises with your equity. The next day, a normal market correction can hit your floor when you have far less room than before those gains. 60–70% of trailing drawdown liquidations happen right after the trader's best day — not from incompetence, but from how trailing mechanics work. With fixed drawdown, this scenario cannot happen — your floor never rises.
Alpha Futures combines 100% fixed drawdown with the fastest payout in the market (~7 days). Phidias follows (~10 days from funded account activation). E8 Markets has payout times of 2–3 weeks. If the speed of your first payout is critical, Alpha Futures with code PROPSCOPE at $107 is the clear answer.
Trailing can be reasonable when the price significantly offsets the additional risk. FXIFY Futures at $53.40 with PROPSCOPE has EOD trailing — if you close all positions before close, EOD trailing barely affects you. There's ~$54 difference compared to Alpha Futures ($107) and ~$12 vs. Phidias ($65.60). For strictly intraday traders who close before close, EOD trailing is far more manageable than real-time intraday trailing. We never recommend trailing over fixed drawdown when the price difference is small.
Trailing drawdown has liquidated enough accounts. Choose a fixed firm.
Alpha Futures ($107), Phidias ($65.60), E8 Markets ($120) — all codes verified. Your floor will never rise.
