Eleonex Static Drawdown
The Simple Answer
Eleonex lets you choose your drawdown type on some accounts rather than fixing it by account name. Instant Funding is trailing only, with a 6% max loss that follows your highest balance and a 3% daily limit. The 1-Step challenge lets you pick either trailing or static at checkout, both set at 6% max loss and 3% daily. The 2-Step challenge is static only, at 10% max loss and 5% daily.
Below is a breakdown of how the Eleonex drawdown model applies across account types and stages.
Static vs Trailing Drawdown
Static drawdown, also called absolute drawdown, sets your maximum loss at a fixed level calculated from the starting balance. That floor never moves, so any profit you make increases your total cushion. Trailing drawdown, also called relative drawdown, moves the loss level up as your balance rises, which protects part of your gains but reduces the room you have left to draw down. Static is generally easier to manage because the failure point stays in one place.
Breakdown by Account Type
Instant Funding
Instant Funding skips the evaluation and starts you on a funded account straight away. It only offers a trailing drawdown, with a 6% max loss that follows your highest balance and a 3% daily loss limit, both on the $100K plan size.
1-Step
The 1-Step challenge is the only Eleonex plan where you choose the drawdown type yourself at checkout. Whichever you pick, the numbers are the same on the $100K plan: 6% max loss and 3% daily loss, with a 10% profit target.
2-Step
The 2-Step challenge only offers a static drawdown. On the $100K plan it carries a 10% max loss fixed from the starting balance, a 5% daily loss limit, and profit targets of 10% in Phase 1 and 5% in Phase 2.
Final Comments
Eleonex is one of the few prop firms that lets you choose your drawdown type rather than tying it to a fixed account name. Instant Funding is trailing only and 2-Step is static only, while the 1-Step challenge gives you the choice of either at the same 6% max loss and 3% daily loss. Whichever plan you pick, check the toggle at checkout to confirm which drawdown type applies before you buy.
FAQ
Does Eleonex use static or trailing drawdown?
It depends on the plan you pick. Instant Funding is trailing only, 2-Step is static only, and the 1-Step challenge lets you choose either one at checkout.
What is static drawdown?
Static drawdown sets your maximum loss at a fixed level based on the starting balance. It does not move as your account grows, so the point at which the account fails stays the same.
Which Eleonex accounts use static drawdown?
The 2-Step challenge is static only. The 1-Step challenge also offers a static option if you choose it at checkout, while Instant Funding is trailing only.
Does the maximum drawdown trail on the funded stage?
On Instant Funding, yes, the 6% max loss keeps trailing your highest balance once you are funded. On 2-Step, no, the 10% max loss stays fixed from the starting balance through the funded stage.
What is the difference between static and trailing drawdown?
A static drawdown keeps the loss level fixed from the starting balance, so your failure point never moves. A trailing drawdown moves the loss level up as your balance rises, which protects some profit but leaves you less room as you gain.