Tools
Drawdown calculator
Enter your balances and get the exact equity level where each loss rule breaches the account, and how much room you have left today.
Static vs trailing drawdown
A static floor is fixed at starting balance minus the max-loss allowance and never moves. A trailing floor follows your highest balance up by the same distance, either in real time or only at the daily close (end-of-day trailing). Some firms stop the trail once the floor reaches the starting balance, so it then behaves like a static floor at break-even. Others keep trailing, and each PERPSCOPE review says which applies.
Floors at each firm, worked out
Largest account of each plan. The first floor is at the start. The second assumes your highest balance and today’s start are 6% above the starting balance.
| Plan | Account | Drawdown type | Floor at start | Floor after +6% | Daily allowance at start | Daily reset |
|---|---|---|---|---|---|---|
| MyFundedPerps 1-Step Select | $100K | Static · 3% | $97,000 | $97,000 | $3,000 | 00:00 New York time (04:00 UTC in summer, 05:00 UTC in winter) |
| MyFundedPerps 1-Step Prime | $100K | Static · 5% | $95,000 | $95,000 | $3,000 | 00:00 New York time (04:00 UTC in summer, 05:00 UTC in winter) |
| MyFundedPerps 1-Step Signature | $100K | Static · 6% | $94,000 | $94,000 | $3,000 | 00:00 New York time (04:00 UTC in summer, 05:00 UTC in winter) |
| MyFundedPerps Elite | $25K | Static · 5% | $23,750 | $23,750 | $750 | 00:00 New York time (04:00 UTC in summer, 05:00 UTC in winter) |
| Tradeify 247 1-Step | $100K | Static · 6% | $94,000 | $94,000 | $3,000 | 22:00 UTC (5:00 PM New York time in winter, 6:00 PM in summer) |
| Tradeify 247 2-Step | $100K | Static · 6% | $94,000 | $94,000 | $3,000 | 22:00 UTC (5:00 PM New York time in winter, 6:00 PM in summer) |
| Tradeify 247 Instant | $100K | Trailing · 6% | $94,000 | $100,000 | $3,000 | 22:00 UTC (5:00 PM New York time in winter, 6:00 PM in summer) |
| Vest Markets 1-Step | $25K | Static · 6% | $23,500 | $23,500 | $750 | 20:00 New York time (America/New_York) |
| Vest Markets 2-Step | $25K | Static · 6% | $23,500 | $23,500 | $750 | 20:00 New York time (America/New_York) |
| Vest Markets Instant | $25K | Static · 4% | $24,000 | $24,000 | No daily limit | 20:00 New York time (America/New_York) |
| Carrot Funding 2-Phase | $100K | Trailing · 10% · stops at start | $90,000 | $96,000 | $5,000 | 00:00 UTC |
| Carrot Funding 1-Phase | $100K | Trailing · 8% · stops at start | $92,000 | $98,000 | $4,000 | 00:00 UTC |
| For Traders Crypto Fast | $50K | Trailing · 6% | $47,000 | $50,000 | $1,500 | Not stated by the firm |
| For Traders Crypto Fast PRO | $100K | Trailing (end of day) · 4% | $96,000 | $102,000 | No daily limit | Not stated by the firm |
Frequently asked questions
What is the difference between static and trailing drawdown?
A static floor is fixed at starting balance minus the max-loss allowance and never moves. A trailing floor follows your highest balance up by the same distance, either in real time or only at the daily close (end-of-day trailing). Some firms stop the trail once the floor reaches the starting balance, so it then behaves like a static floor at break-even. Others keep trailing, and each PERPSCOPE review says which applies.
When does the daily loss limit reset?
MyFundedPerps: 00:00 New York time (04:00 UTC in summer, 05:00 UTC in winter). Tradeify 247: 22:00 UTC (5:00 PM New York time in winter, 6:00 PM in summer). Vest Markets: 20:00 New York time (America/New_York). Carrot Funding: 00:00 UTC. For Traders: not published by the firm.
Does open profit or loss count toward the limits?
Usually yes for the daily limit, which firms measure on equity. Max loss varies: some firms measure it on equity, including open positions, and others on balance, meaning closed trades only. Each firm review on PERPSCOPE states which one applies.