A daily loss limit can end a challenge on one bad session. These futures firms in our reviews either have no daily limit on their main evaluation or make it optional.
Compared (50K)
| Firm | Daily loss limit | Max loss | Target |
|---|---|---|---|
| MyFundedFutures (Rapid) | None | $2,000 trailing | $3,000 |
| Take Profit Trader (Test) | None | $2,000 end-of-day | $3,000 |
| Lucid Trading (LucidFlex) | None | $2,000 end-of-day trailing | $3,000 |
| Topstep | Optional | $2,000 end-of-day trailing | $3,000 |
| Apex (for comparison) | $1,000 on EOD accounts; none on intraday evaluations | $2,000 trailing | $3,000 |
Rules as summarised in our reviews and checked November 2, 2026. Prop firm rules change often, so confirm them on each firm’s site before you buy.
No daily limit is not no limit
The overall drawdown still applies, and on most of these accounts it trails your balance. Without a daily stop, set your own: many traders cap daily losses at 1–2% of the account. Plan it with the drawdown calculator and the futures calculator, and compare Lucid vs Apex.
How each firm handles it
- MyFundedFutures Rapid: no daily limit in the evaluation or once funded, but the funded drawdown trails intraday until it reaches the starting balance plus $100.
- Take Profit Trader: no daily limit in the Test or on PRO. The Test uses an end-of-day drawdown; PRO switches to intraday trailing.
- LucidFlex: no daily limit with a $2,000 end-of-day trailing drawdown on 50K.
- Topstep: the daily limit is optional. If you turn it on, hitting it flattens your positions and blocks new trades until the next session instead of failing the account.
- Apex: end-of-day accounts carry a $1,000 daily limit on 50K; intraday evaluations have none.
Why you still need a daily stop
On a 50K account with $2,000 of drawdown, one $1,600 losing day leaves $400 of room and almost no way back. With a personal stop of $500 a day, it takes four full losing days in a row to reach the floor, and the $3,000 target is still within reach.
| Personal daily stop (50K) | Losing days to reach a $2,000 floor |
|---|---|
| None | 1 (one bad session can end it) |
| $1,000 | 2 |
| $500 | 4 |
| $400 | 5 |
On a trailing drawdown the floor can also rise after winning days, so the real room is often smaller than this table shows.
Setting your own daily stop
- Set it at 20–25% of the maximum loss: $400–$500 on a 50K account with $2,000 of drawdown.
- Size each trade so three or four losers reach it, for example $125 risk per trade.
- When you hit it, stop for the day. If your platform has a daily loss lock, use it.
- Log the day and review it before the next session.
Who these accounts suit
No daily limit helps traders whose losses cluster: a news spike, a gap at the open, or a run of stops on a choppy day. Without a hard daily cap, one rough session does not end the challenge, as long as the overall drawdown holds.
It suits traders less well if they tend to revenge trade. A firm-imposed daily stop does that job for you; without it, you need your own rule and the discipline to keep it. If that is hard, Topstep’s optional limit is a middle ground: it pauses trading for the day rather than failing the account.
Related tools
- Rules finder: filter firms by daily limit, drawdown type and time limit.
- Challenge simulator: test how often your stats pass with and without a daily stop.
- Glossary: daily loss limit and trailing drawdown explained.
Frequently asked questions
Which futures prop firms have no daily loss limit?
MyFundedFutures Rapid, Take Profit Trader’s Test and LucidFlex have none; Topstep’s is optional, according to their published rules.
Does Apex have a daily loss limit?
Its end-of-day drawdown accounts have a $1,000 daily limit on 50K. Intraday evaluations have none, but since October 2026 funded intraday accounts have a tiered daily limit.
Is a daily loss limit bad?
Not necessarily. It forces discipline. But it can fail an account on a single volatile day.
Can I turn on a daily limit at Topstep?
Yes. It is optional, and when you hit it trading pauses until the next session rather than failing the account.