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69 of 112 forex · 0 of 24 futures

You cannot buy a drawdown that stops moving in futures

This site reads two markets. On the forex side, 69 of the 112 evaluations carry a static drawdown — a loss floor fixed below the starting balance that never moves, whatever you make. That is 62% of the field.

Counted by firm rather than by programme it is starker still: 25 of the 26 forex firms read here sell at least one static evaluation, the single exception being Fidelcrest.

On the futures side, of 24 plans read at 22 firms, the number is 0. Not the smallest. Not the dearest. None.

Forex — 112 evaluations

62%

carry a drawdown that never moves

  • 69 static
  • 25 trails on closed trades
  • 12 trails intraday
  • 6 trails to the daily close

Futures — 24 plans

0%

carry a drawdown that never moves

  • 0 static
  • 16 trails to the daily close
  • 6 trails intraday
  • 2 end of day, movement never stated

What the difference decides

It decides what profit is for. Under a static cap, five thousand dollars of profit is five thousand dollars of permanent distance between you and the floor: you can have a terrible week afterwards and still be further from failing than you were on day one.

Under a trailing cap the floor climbs with your equity high, so the same five thousand buys nothing. You are exactly as close to failing at your peak as you were at the start, and you stay that way until the trail locks. Which makes whether it locks the most important sentence on the page — and 4 of the 24 futures plans here publish it.

That is the whole of it. Not a claim that futures accounts are harsher, which would need the sizes beside the types and would not survive the comparison: a trailing cap at 6% of the account is not plainly worse than a static one at 4%, and the two markets size and price accounts on different principles entirely.

The finding is about availability, not harshness

A forex trader who wants a cap that stops moving can buy one, at a range of prices, from 25 of the 26 firms read here — and two firms sell the same evaluation in both kinds, so the preference is priceable.

A futures trader who wants the same thing has nowhere to take the money. That is not a rule any firm publishes, because no single firm can publish it. It is only visible once the field is read together, and it is the kind of thing worth knowing before choosing which market to be evaluated in.

Forex, where it was read

Futures, where it was read

Questions

Do futures prop firms offer a static drawdown?
Not one of the 24 futures plans read here, at any of the 22 firms. Every drawdown in that dataset trails — 16 trails to the daily close, 6 trails intraday, 2 end of day, movement never stated. On the forex side 25 of 26 firms sell at least one static evaluation, so the choice exists in one market and not the other.
What is the difference between a static and a trailing drawdown?
A static cap sits at a fixed level below your starting balance and stays there, so every dollar of profit is a dollar of permanent distance from it. A trailing cap follows your equity high upward, so profit moves the floor with it and buys no distance until the trail stops. That is why where it stops matters more than how large it is.
Which is better, static or trailing?
They are not comparable without the size beside them — a trailing cap at 6% of the account is not obviously harsher than a static one at 4%, and the two markets size and price accounts differently. What is comparable is availability: a buyer who wants a cap that stops moving can find one in forex at any price point and cannot find one in futures at all.
Do trailing drawdowns ever stop?
Usually at the starting balance, once you are up by the size of the drawdown. But saying so is optional and most firms do not: 4 of the 24 futures plans here publish where the trail locks. On the forex side the same silence runs deeper still.