A risk model you can actually plan around
Your max loss line does not move up with profits
PropXP max overall drawdown is static. It is anchored to the starting balance of the account instead of inching higher as you make money. Floating PnL and costs still count, but the line itself stays where it started.
Your daily drawdown is set once per day
At 00:00 UTC, PropXP snapshots equity and sets the daily drawdown line for the next trading day. After that, the daily line stays fixed until the next reset. It does not trail intraday.
Clear rules beat
clever traps
A fixed structure makes it easier to size trades, define buffer, and avoid nasty surprises. Our rules are easier to understand before you click buy or sell.
FOUNDATIONAL PILLAR
Know the line before you place the trade
With static overall drawdown and fixed intraday daily drawdown, you always know where the account breaks. That makes risk planning cleaner, especially for traders who hate trailing rules that punish progress.
How it is measured
Drawdowns are equity-based, so floating PnL, spreads, commissions, swaps, and slippage still count.
OPERATIONAL CLARITY
Simple enough to understand. Clear enough to matter.
The rule is easy to explain: overall drawdown stays anchored to starting balance, and daily drawdown is calculated from day-start equity at 00:00 UTC and does not trail intraday. The line is fixed, but it is still a hard line.
How fixed drawdown works in practice
Three rules define the structure. Once you understand them, planning your risk gets much easier.
Start with a fixed reference point
Your max overall drawdown is anchored to the account's starting balance. It does not climb higher just because you had a good day.
Reset the daily line at 00:00 UTC
At the daily reset, PropXP snapshots your equity and sets the day's daily drawdown buffer. That line stays the same until the next reset.
Trade with real buffer
Because the rules are equity-based, open trades and trading costs still count. Smart traders leave room for spreads, commissions, swaps, and slippage.
Why traders prefer fixed drawdown
Fixed rules do not make trading easy. They make the risk model easier to understand, easier to respect, and harder to misread.
No trailing overall drawdown
Your overall loss limit stays anchored to the initial balance instead of creeping up behind your profits.
No intraday trailing daily drawdown
Your daily line is set at the start of the trading day and remains fixed until the next reset.
Better risk planning
You can size trades around known levels instead of constantly recalculating a moving threshold.
Still grounded in equity
Open PnL and trading costs count, so the structure stays realistic and discipline still matters.
FAQ
Trade with rules that
do not move when you win
If you want a structure you can measure, plan, and respect, PropXP keeps
drawdown fixed where it should be: on the rulebook, not on a moving target.