Drawdown and Evaluation Rules
18 answered questions
Drawdown and Evaluation Rules
Drawdown is the maximum loss an account can take before it closes, and it trails your highest equity. There is no consistency rule and no minimum trading days.
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.
End-of-day vs intraday
How does end of day drawdown work?
The drawdown floor updates once per day at market close. If you touch it intraday, the account still closes.
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?
In Funded and Live phases, drawdown can lock after you reach the lock balance. See the Rules page.
What is "drawdown lock"?
Once your balance reaches the lock balance, the trailing drawdown stops following you and becomes static at that level. The lock balance is your starting capital ($25K, $50K, or $100K depending on plan). Lock applies in Funded and Live, not in Evaluation.
What happens to the drawdown after my first payout?
After your first payout on a Funded account, the trailing drawdown stops moving and the floor stays at your starting balance. You can keep trading and request future payouts as profits build, but if your simulated balance returns to the starting balance, the account closes under the standard drawdown rule.
Consistency rule
Do you have a consistency rule?
No. There is no consistency rule on either plan, in the evaluation or once you are funded, so no single day is ever capped as a share of your gains. What a payout does require is 8 qualifying winning days in the current payout cycle, and those days do not have to be consecutive.
Discounted Reset
What is Discounted Reset?
Available on all plans (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. 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. Resets are unlimited and never expire: you can reset from your dashboard for as long as the subscription on that account is active. Cancelling the subscription is what ends the option. 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. Resets are unlimited. You can reset the same account as many times as you need, for as long as the subscription on that account stays active, and there is no deadline to buy one after a breach. Cancelling the subscription is what ends the option.
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?
No. There is no minimum number of trading days on either plan, and no time limit. An evaluation can pass in a single day if the trades fit the drawdown rule.
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.