What is a daily drawdown limit?

A daily drawdown limit caps how much a trader can lose in a single day. Breaching this limit results in immediate account failure, even if the overall account balance is healthy.

Is no daily drawdown better than having one?

It depends on your strategy. Traders with intraday volatility benefit from its removal; others may prefer the discipline it enforces.

Do firms with no daily drawdown still have a max drawdown?

Yes. Overall maximum drawdown rules still apply. The absence of a daily limit doesn't remove all risk boundaries.

Challenges in Spain

Crypto prop firms in Spain that offer No Daily Drawdown Limit

Firms4

			Promo
E8 Perpetuals Less than 10 reviews	1	$1M	50%OFF
For Traders Crypto Less than 10 reviews	3	$300K	50%OFF
WenCrypto Less than 10 reviews	0	$300K	20%OFF
Tradeify 247 Less than 10 reviews	0	$300K	35%OFF

How Prop Firm Match Vets These Firms

Every prop firm featured on this page has passed our structured due diligence process. We assess compliance history, payout reliability, rule transparency, and verified trader feedback before listing any firm. Ratings reflect real input from traders who have passed evaluations or received payouts — not incentivised or unverified reviews.