Drawdown and Evaluation Rules
19 answered questions
Drawdown and Evaluation Rules
Compare drawdown limits and plan-specific locks. Pro needs at least five positive profit days and 20% best-day consistency.
What drawdown means
What does "drawdown" mean in plain English?
Drawdown is your max allowed loss. We use trailing drawdown, which follows your highest account equity. If you touch the drawdown floor, the account is closed.
What is the trailing drawdown size on each plan?
Growth: 6 percent of account size. Express: 5 percent of account size. In dollars: Growth gives $1,500 (25K), $3,000 (50K), $6,000 (100K). Express gives $1,250 (25K), $2,500 (50K), $5,000 (100K).
Show me a numeric example of trailing drawdown.
Growth $50K example: starting balance $50,000, trailing drawdown $3,000, drawdown floor starts at $47,000. You finish day one up $2,000 (balance $52,000). End-of-day floor moves to $49,000. You finish day two up another $1,000 (balance $53,000). Floor moves to $50,000. If you give back $3,000 and touch $50,000, the account is closed.
How are my open positions valued for drawdown?
Your drawdown floor is checked in real time against your equity: your cash plus what your open positions could be closed for right now. Each leg is valued on its own at the side you would have to trade to close it: a long option at the bid, a short option at the ask, not the mid. No closing order is needed for this to count. So a position can sit below what you paid the moment it fills, by the bid/ask spread on each leg, and on a wide market at a large size that alone can reach your floor. If a leg has no two-sided quote, it is valued at the midpoint, and if there is no live quote at all, at your average cost.
End-of-day vs intraday
How does end of day drawdown work?
The drawdown floor updates at the platform’s daily end-of-day boundary. Intraday gains do not by themselves raise an end-of-day floor. The account can still breach its current floor during the session.
How does intraday drawdown work?
The drawdown floor updates in real time as your highest equity changes. If you touch it, the account closes.
Drawdown lock
Does drawdown ever stop trailing?
On Pro, Your loss line is saved when your second payout request is verified. Once that payout is paid, trading profits stop pushing that saved line higher. Withdrawals preserve your remaining loss room. The normal trailing rule applies while a payout is pending. Cancelled or rejected requests do not lock the line. On Growth and Express funded accounts, drawdown locks once your balance reaches your lock balance, which is your starting balance. At Live the floor locks at your allocated capital plus $100 ($50,100 on a 100K and $25,100 on a 50K and $12,600 on a 25K), once your profit reaches your plan's drawdown. There is no lock in Evaluation. See the Rules page.
What is "drawdown lock"?
Pro saves its line with the verified second-payout request and stops raising that line once the payout is paid; withdrawals remain neutral. The normal trailing rule applies while a payout is pending. Cancelled or rejected requests do not lock the line. On Growth and Express funded accounts, once your balance reaches the lock balance, or your first payout is paid, whichever comes first, the trailing drawdown stops following you and becomes static at that level. The Growth and Express lock balance is your starting capital ($25K, $50K, or $100K depending on plan). There is no lock in Evaluation. Live has a lock of its own at a different figure: the floor locks at your allocated capital plus $100 ($50,100 on a 100K and $25,100 on a 50K and $12,600 on a 25K). Your floor locks at $100 above break-even at the end of the first day on which your total profit (every payout taken, the firm's share included, plus the profit in the account, unrealized included) reaches your plan's maximum drawdown and your equity is at least $200 above break-even. If your profit gets there on a day your equity does not, the lock waits for the first day both are true.
What happens to the drawdown after my first payout?
On Pro, the first paid payout does not lock the line. Your loss line is saved when your second payout request is verified. Once that payout is paid, trading profits stop pushing that saved line higher. Withdrawals preserve your remaining loss room. The normal trailing rule applies while a payout is pending. Cancelled or rejected requests do not lock the line. On Growth and Express: When your first payout on a Funded account is paid, your drawdown floor locks at your starting balance permanently and stops trailing. If your floor was still below your starting balance at that point, it moves up to your starting balance, so your room above the floor can get smaller. Your dashboard will then show your peak as your starting balance plus your trailing drawdown, because that is how the lock is set; it is not a balance you reached. Example: on a 100K Growth account with a $6,000 trailing drawdown, say your highest end-of-day balance was $104,600, so your floor was trailing at $98,600. When your first payout is paid, your floor moves up to $100,000 and locks there, and your peak shows as $106,000. The upside is that your floor will never move again, no matter how high your balance goes. Every dollar of profit you make after your first payout adds straight to your cushion, and you never have to watch your floor trail up behind you. You can keep trading and request more payouts as profits build, but if your simulated balance falls to your starting balance, the account closes under the standard drawdown rule.
Consistency rule
Do you have a consistency rule?
Pro uses 20% best-day consistency in both evaluation and funded payout cycles: its largest profit day cannot exceed 20% of the net profit in that phase or cycle. This requires at least five positive profit days, and uneven results can take longer. Growth and Express retain no consistency rule and require 8 qualifying winning days for a funded payout.
Discounted Reset
What is Discounted Reset?
Pro has no reset. Growth and Express: Available on Growth and Express. If you breach drawdown, you can buy a reset and keep trading. A reset costs 10% less than what you pay for that account, so it is always cheaper than starting a new one. Before the first monthly renewal on that account, that is the price you paid for it at checkout; from the first renewal on, it is your monthly price. If we cannot match the account to a subscription price, it is priced off the current list price instead, at ten percentage points deeper than whatever sale is running that day. The account is restored to its original starting balance, with the drawdown floor and peak equity back where they started. Other rules stay the same. There is no deadline on a reset. Each account can have up to three paid resets, for as long as its subscription stays active. You buy it from your dashboard, and cancelling the subscription ends the option. Once an account has reached its limit of three paid resets, another is not sold for it. A free reset credit can still be used on it, its next monthly renewal still resets it while the subscription is active, and a new account can be opened at any time. Resets are for evaluation accounts. If a funded account breaches, it is closed permanently and cannot be reset. To trade again, start a new evaluation.
Is Discounted Reset available in Funded?
No. A Funded account that breaches is closed permanently. There is no reset for it, at any price, and it is never restored to Funded or returned to an Evaluation. To trade again you start a new Evaluation.
Can I purchase Discounted Reset more than once per account?
Yes, until it reaches its paid-reset limit. There is no deadline on a reset. Each account can have up to three paid resets, for as long as its subscription stays active. Once an account has reached its limit of three paid resets, another is not sold for it. A free reset credit can still be used on it, its next monthly renewal still resets it while the subscription is active, and a new account can be opened at any time. The limit of three paid resets per account applies from October 6, 2026, 12:45 AM ET. Paid resets an account had before then count toward it, and so does the earlier flat-price redemption, so an account that already had three or more cannot buy another.
Does Discounted Reset keep any of my profit progress?
No. A reset returns the account to its original starting balance, with the drawdown floor back at its original level. Profit progress toward the target starts over from zero.
Profit target
What is the profit target?
Growth: 12 percent of account size. Express: 10 percent of account size. In dollars: Growth gives $3,000 (25K), $6,000 (50K), $12,000 (100K). Express gives $2,500 (25K), $5,000 (50K), $10,000 (100K).
Is there a minimum number of trading days to pass?
Pro requires at least five positive profit days, and your largest profit day cannot exceed 20% of your net profit (Pro's best-day rule). Once your account has the updated Pro rules, a day counts the profit you realize on that New York date, and the account needs to be flat only at the moment it passes. Under the rules your account was bought with, a day receives eligible profit only when the entire account returns to flat. Growth and Express have no minimum evaluation days and can pass in one day. All three have no time limit while the evaluation subscription stays active.
Can I pause my Evaluation account?
There is no separate pause feature. If you do not trade, time does not penalize you - there is no time limit to pass. Cancel the subscription only when you are sure you are done; access ends at the billing-period end.
Can I switch from Express to Growth (or vice versa) mid-evaluation?
If your account is an evaluation that has never filled a trade (working or cancelled orders that never filled are fine), you can upgrade it to a larger, more expensive plan from your dashboard and pay only the prorated difference to the card on file (this works across families too, as long as it is an upgrade). The account must also have never breached (a breach stays on record even after a reset) and be funded by an active subscription. Otherwise plans are separate accounts, not toggles: buy a new plan in the family you want, and the original keeps running until you cancel or breach. Downgrades to a cheaper plan are not offered.
Can I run a Growth and an Express account at the same time?
Yes. The two families are independent. Each account is tracked on its own rules and drawdown.