September 2026 Ranking · Drawdown type verified per firm · Updated monthly
Best Futures Prop Firms with No Trailing Drawdown: Verified Ranking 2026
· By PropScope · Drawdown type verified this week
Intraday trailing drawdown is the #1 cause of avoidable liquidations in futures prop trading. These firms stay in the ranking when at least one plan avoids intraday trailing; the qualifying plan is shown in parentheses. 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 intraday trailing plans and verified prices
All firms ordered by drawdown quality and overall value. A firm stays listed when at least one plan avoids intraday trailing, and that plan is shown in parentheses. Prices with discount codes applied, verified September 2026.
* Firms stay listed when at least one plan avoids intraday trailing; the qualifying plan is shown in parentheses. ·
Fixed = floor never rises ·
Static EOD = adjusts only at close ·
EOD trailing/dynamic = follows the end-of-day high, not each intraday tick
Top 3 prop firms with qualifying no-intraday-trailing plans — full breakdown
The three firms that best combine no-intraday-trailing rules with price, reputation, and payout speed.
#1 EOD MLL, No Intraday Trail
Alpha Futures
Zero/Advanced · EOD MLL · ~48h payout
$69.50
50K account with code PROPSCOPE
Was: $139
Save $11.90 (50% OFF)
✅ Official MLL is EOD trailing, not intraday
✅ MLL locks once it reaches the starting balance
✅ Fastest payout in the market: ~48 business hours
✅ 1-step evaluation
✅ Stable platform with active support
✅ No trading style restrictions
⚠️ Higher trust-focused option than the cheapest entries
Bulenox ($19.25): Option 2 EOD drawdown + ultra-low price — is it worth it?
Bulenox is a special case because the qualifying setup is plan-specific: Option 2 uses EOD drawdown, while Option 1 uses intraday trailing. The firm stays in this ranking because Option 2 can avoid intraday trailing at $19.25 with code PROPSCOPE (89% OFF).
Why Bulenox can be the best option
If you have a proven, disciplined strategy and select Option 2, Bulenox gives you EOD 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 Bulenox can be a mistake
Bulenox's account rules are strict, and choosing Option 1 by mistake puts you on intraday trailing. If you're a beginner or testing a new strategy, the tight rule set can stop you out before you can learn. In that case, Phidias ($65.60 with a static E2L option) is a much better investment despite the higher price.
Verdict: Bulenox only if you intentionally choose Option 2 and understand the EOD drawdown rules. Phidias for any trader who wants a clearer static option through Express to Live.
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. Bulenox Option 2 and FXIFY Futures ($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 $69.50)
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 no intraday trailing + fast payout
→ Alpha Futures ($69.50 with PROPSCOPE). Zero/Advanced use EOD trailing MLL with no intraday trailing, and payouts process in ~48 business hours.
You want a static plan at the lowest price
→ Phidias ($65.60 with PROPSCOPE, 60% OFF). Express to Live is the static-drawdown option; Fundamental/Premium are EOD trailing. The One Day Pass applies to the E2L path.
You want an established, reliable brand
→ E8 Markets ($116 with PROPSCOPE). All three plans use EOD Dynamic drawdown: no intraday trailing, but the floor can rise after an end-of-day high.
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/plans with no intraday trailing drawdown in September 2026 include Alpha Futures (EOD trailing MLL on current official accounts), Phidias Express to Live (static) plus Fundamental/Premium (EOD trailing), E8 Markets Signature Futures (EOD Dynamic), Bulenox Option 2 (EOD), and Earn2Trade evaluations/LiveSim (End-of-Day drawdown). Watch the plan: Bulenox Option 1 uses intraday trailing.
Fixed (static) drawdown sets your maximum loss floor at the start of the evaluation and that floor NEVER rises. If you start with a $50K account 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 for the inevitable correction. Fixed drawdown gives you certainty; trailing penalizes you for winning.
Alpha Futures' official Maximum Loss Limit is EOD trailing on its current account lineup, including Zero and Advanced. It does not trail intraday and it stops trailing once it reaches the starting balance. The price with code PROPSCOPE is $69.50 (50% OFF), and the first payout arrives in approximately 7 days.
Phidias depends on the plan. Express to Live uses static drawdown that never trails. Fundamental accounts use EOD trailing drawdown, and Phidias' EOD rules also apply to Premium. With code PROPSCOPE the price is $65.60 (60% OFF on $164).
E8 Markets futures plans do not use intraday trailing. It uses EOD Dynamic drawdown: the loss level rises from the highest end-of-day balance, then locks once closed profit reaches the EOD drawdown amount. With code PROPSCOPE the price is $116 (35% OFF on $178).
Because it creates a brutal paradox: you can have the most profitable trading day of your life, and that same day raises your drawdown floor to the point where you have almost no room left. The next day, a normal market correction liquidates your account. With fixed drawdown, this cannot happen — your floor never rises and your margin of error remains constant. 60-70% of account liquidations with trailing drawdown happen right after the trader's best day — not from incompetence, but from the mechanics of how trailing works.
Trailing drawdown can be acceptable when the price significantly offsets the additional risk and the plan uses EOD trailing rather than intraday trailing. For example, FXIFY Futures at $53.40 with PROPSCOPE has EOD trailing: the floor can still update after the close, but it does not ratchet up tick by tick during the session. For strictly intraday traders who close before close, EOD trailing is far more manageable than real-time intraday trailing.
Alpha Futures combines no intraday trailing MLL with one of the fastest payout timelines in the market (~48 business hours). 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 $69.50 is the clear choice.
Intraday trailing has liquidated enough accounts. Choose the right plan.
Alpha Futures ($69.50), Phidias ($65.60), E8 Markets ($116) — all codes verified. Check the plan-specific drawdown before buying.
