Funded Trader Markets rules: drawdown, daily loss and reset time

Funded Trader Markets has 5 programs with verified rules, and the maximum loss is intraday trailing on 4 and static on 1. The daily loss limit resets at 17:00 New York time (ET) on every program. The table for each program below gives the profit target, daily loss limit and maximum loss, with the verification date and the firm's own source.

Verified on against Funded Trader Markets’s own rules: intercom.help/fundedtradermarkets/en/articles/9999589-how-does-the-overall-drawdown-limit-for-the-1-step-nitro-evaluation-work, intercom.help/fundedtradermarkets/en/articles/12171067-how-does-the-overall-drawdown-limit-for-the-2-step-plus-account-work, intercom.help/fundedtradermarkets/en/articles/10020442-how-does-the-overall-drawdown-limit-for-the-instant-funding-standard-account-work. Consistry re-reads every firm’s pages weekly.

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Funded Trader Markets rules by program

Funded Trader Markets 1 Step Nitro

Verified October 14, 2026 · source

Funded Trader Markets 1 Step Nitro: a 10% profit target, a 4% daily loss limit that resets at 17:00 New York time (ET), and a 6% intraday trailing maximum loss that stops trailing once it reaches the starting balance.

Funded Trader Markets 1 Step Nitro limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
Rules10%4%6%Intraday trailing
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 4% of the starting account size.
Maximum loss
The maximum loss is 6%, trailing: it follows the peak and it is recalculated on every tick. It sits a fixed distance behind the peak. It stops trailing once it reaches the starting balance.
Minimum trading days
One phase: 10% target, no minimum days. Minimum trading days count only days with at least 0.5% profit.
Consistency rule
Yes, a 50% best-day rule. Best day may not exceed 50% of the profit target in the evaluation and 45% of total profit once funded (balance at 5 PM EST to balance at 5 PM EST).
News trading
Allowed. All programs, every stage: news trading allowed with no window. Only 'news scalping', rapidly opening and closing positions within seconds around high-impact releases to exploit the feed, is prohibited (the prohibited-practices article, 'Are There Any Limitations On Certain Trading Practices at Funded Trader Markets?', https://intercom.help/fundedtradermarkets/en/articles/9999536). source

Program notes. One phase: 10% target, no minimum days. Daily 4% of the initial balance (3% on the 300K). 6% TRAILING max loss: a fixed 6% of the initial balance below your highest recorded balance; it locks at the initial balance once you are +6%. The firm trails the closed balance; we trail equity, which can only put the floor earlier. Best day may not exceed 50% of the profit target in the evaluation and 45% of total profit once funded (balance at 5 PM EST to balance at 5 PM EST). Funded: 5 qualifying days before a payout, 90% split on the first $10,000 of profit then 80%; leverage drops to 1:50 on the 200K and 300K. One help-centre example computes the trail as 6% of the peak balance; the rule articles say 6% of the initial balance, which is carried. Day rolls at 5 PM EST (New York): the daily limit is a fixed percent of the initial balance below the higher of balance or equity at the roll, and touching it with either balance or equity fails the account. Minimum trading days count only days with at least 0.5% profit. No time limit. News and weekend holding allowed; hedging allowed but hedged positions may not be held overnight and a partially closed position may not be held overnight. Any trade closed within 1 minute has its profit voided (challenge: more than 20% of profit from such trades means redoing it). No opening within 5 minutes before the daily rollover or closing within 5 minutes after it. 30 days without activity breaches the account. Payouts on demand once profit is at least 1% of the initial balance, all trades closed; 5% fee on crypto payouts. Platforms: cTrader, TradeLocker, Match-Trader and MT5 (no US IP on MT5/cTrader); $7 per lot round turn on forex and commodities, swap-free.

Funded Trader Markets 2 Step Plus

Verified October 14, 2026 · source

Funded Trader Markets 2 Step Plus: 8% then 5% profit targets, a 4% daily loss limit that resets at 17:00 New York time (ET), and a 10% static maximum loss.

Funded Trader Markets 2 Step Plus limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
Phase 18%4%10%Static
Phase 25%4%10%Static
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 4% of the starting account size.
Maximum loss
The maximum loss is 10%, static: a fixed floor below the starting balance that never moves.
Minimum trading days
8% then 5%, at least 3 trading days per phase, no consistency rule. Minimum trading days count only days with at least 0.5% profit.
Consistency rule
No consistency rule.
News trading
Allowed. All programs, every stage: news trading allowed with no window. Only 'news scalping', rapidly opening and closing positions within seconds around high-impact releases to exploit the feed, is prohibited (the prohibited-practices article, 'Are There Any Limitations On Certain Trading Practices at Funded Trader Markets?', https://intercom.help/fundedtradermarkets/en/articles/9999536). source

Program notes. 8% then 5%, at least 3 trading days per phase, no consistency rule. Daily 4% of the initial balance, 10% static max loss. Funded: 5 qualifying days before a payout, 70/30 split (90/10 with the free add-on chosen at checkout, which also switches on the Shield Risk Protocol in the evaluation); 1:50 leverage on the 200K. The /2-step marketing card says 3% daily, 8% overall and 80%; the rules articles and the configurator say 4%, 10% and 70%, which is carried. Day rolls at 5 PM EST (New York): the daily limit is a fixed percent of the initial balance below the higher of balance or equity at the roll, and touching it with either balance or equity fails the account. Minimum trading days count only days with at least 0.5% profit. No time limit. News and weekend holding allowed; hedging allowed but hedged positions may not be held overnight and a partially closed position may not be held overnight. Any trade closed within 1 minute has its profit voided (challenge: more than 20% of profit from such trades means redoing it). No opening within 5 minutes before the daily rollover or closing within 5 minutes after it. 30 days without activity breaches the account. Payouts on demand once profit is at least 1% of the initial balance, all trades closed; 5% fee on crypto payouts. Platforms: cTrader, TradeLocker, Match-Trader and MT5 (no US IP on MT5/cTrader); $7 per lot round turn on forex and commodities, swap-free.

Funded Trader Markets Instant Standard

Verified October 14, 2026 · source

Funded Trader Markets Instant Standard: no profit target, a 3% daily loss limit that resets at 17:00 New York time (ET), and a 5% intraday trailing maximum loss that keeps rising with new highs and has no lock point.

Funded Trader Markets Instant Standard limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
RulesNone3%5%Intraday trailing
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 3% of the starting account size.
Maximum loss
The maximum loss is 5%, trailing: it follows the peak and it is recalculated on every tick. It sits a fixed distance behind the peak. It has no lock point and keeps rising with every new high.
Minimum trading days
Minimum trading days count only days with at least 0.5% profit.
Consistency rule
Yes, a 15% best-day rule. Payouts: 5 qualifying days, best day at most 15% of total profit, no partial withdrawals (a full withdrawal resets the account and its limits).
News trading
Allowed. All programs, every stage: news trading allowed with no window. Only 'news scalping', rapidly opening and closing positions within seconds around high-impact releases to exploit the feed, is prohibited (the prohibited-practices article, 'Are There Any Limitations On Certain Trading Practices at Funded Trader Markets?', https://intercom.help/fundedtradermarkets/en/articles/9999536). source

Program notes. Instant account, no target. Daily 3% of the initial balance. 5% TRAILING max loss: a fixed 5% of the initial balance below your highest balance; the firm never says the floor stops, so we keep it trailing. The firm trails the closed balance; we trail equity, which can only put the floor earlier. Payouts: 5 qualifying days, best day at most 15% of total profit, no partial withdrawals (a full withdrawal resets the account and its limits); split 50% on the first payout, 60%, 70%, then 80% from the fourth. Day rolls at 5 PM EST (New York): the daily limit is a fixed percent of the initial balance below the higher of balance or equity at the roll, and touching it with either balance or equity fails the account. Minimum trading days count only days with at least 0.5% profit. No time limit. News and weekend holding allowed; hedging allowed but hedged positions may not be held overnight and a partially closed position may not be held overnight. Any trade closed within 1 minute has its profit voided (challenge: more than 20% of profit from such trades means redoing it). No opening within 5 minutes before the daily rollover or closing within 5 minutes after it. 30 days without activity breaches the account. Payouts on demand once profit is at least 1% of the initial balance, all trades closed; 5% fee on crypto payouts. Platforms: cTrader, TradeLocker, Match-Trader and MT5 (no US IP on MT5/cTrader); $7 per lot round turn on forex and commodities, swap-free.

Funded Trader Markets Instant Pro

Verified October 14, 2026 · source

Funded Trader Markets Instant Pro: no profit target, a 3% daily loss limit that resets at 17:00 New York time (ET), and a 3% intraday trailing maximum loss that keeps rising with new highs and has no lock point.

Funded Trader Markets Instant Pro limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
RulesNone3%3%Intraday trailing
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 3% of the starting account size.
Maximum loss
The maximum loss is 3%, trailing: it follows the peak and it is recalculated on every tick. It sits a fixed distance behind the peak. It has no lock point and keeps rising with every new high.
Minimum trading days
Minimum trading days count only days with at least 0.5% profit.
Consistency rule
Yes, a 15% best-day rule. Payouts: 5 qualifying days (removable with a paid add-on at checkout), best day at most 15% of total profit, no partial withdrawals.
News trading
Allowed. All programs, every stage: news trading allowed with no window. Only 'news scalping', rapidly opening and closing positions within seconds around high-impact releases to exploit the feed, is prohibited (the prohibited-practices article, 'Are There Any Limitations On Certain Trading Practices at Funded Trader Markets?', https://intercom.help/fundedtradermarkets/en/articles/9999536). source

Program notes. Instant account, no target. Daily 3% of the initial balance (the marketing card says "no daily drawdown limits"; the help centre and the configurator say 3%, which is carried). 3% TRAILING max loss: a fixed 3% of the initial balance below your highest balance, always trailing, never locks. The firm trails the closed balance; we trail equity, which can only put the floor earlier. Payouts: 5 qualifying days (removable with a paid add-on at checkout), best day at most 15% of total profit, no partial withdrawals; split 50% on the first payout, 60%, 70%, then 80% from the fourth. Day rolls at 5 PM EST (New York): the daily limit is a fixed percent of the initial balance below the higher of balance or equity at the roll, and touching it with either balance or equity fails the account. Minimum trading days count only days with at least 0.5% profit. No time limit. News and weekend holding allowed; hedging allowed but hedged positions may not be held overnight and a partially closed position may not be held overnight. Any trade closed within 1 minute has its profit voided (challenge: more than 20% of profit from such trades means redoing it). No opening within 5 minutes before the daily rollover or closing within 5 minutes after it. 30 days without activity breaches the account. Payouts on demand once profit is at least 1% of the initial balance, all trades closed; 5% fee on crypto payouts. Platforms: cTrader, TradeLocker, Match-Trader and MT5 (no US IP on MT5/cTrader); $7 per lot round turn on forex and commodities, swap-free.

Funded Trader Markets Instant Plus

Verified October 14, 2026 · source

Funded Trader Markets Instant Plus: no profit target, a 3% daily loss limit that resets at 17:00 New York time (ET), and a 6% intraday trailing maximum loss that stops trailing once it reaches the starting balance.

Funded Trader Markets Instant Plus limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
RulesNone3%6%Intraday trailing
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 3% of the starting account size.
Maximum loss
The maximum loss is 6%, trailing: it follows the peak and it is recalculated on every tick. It sits a fixed distance behind the peak. It stops trailing once it reaches the starting balance.
Minimum trading days
Minimum trading days count only days with at least 0.5% profit.
Consistency rule
Yes, a 15% best-day rule. Payouts: 5 qualifying days, best day at most 15% of total profit, 80/20 split.
News trading
Allowed. All programs, every stage: news trading allowed with no window. Only 'news scalping', rapidly opening and closing positions within seconds around high-impact releases to exploit the feed, is prohibited (the prohibited-practices article, 'Are There Any Limitations On Certain Trading Practices at Funded Trader Markets?', https://intercom.help/fundedtradermarkets/en/articles/9999536). source

Program notes. Instant account, no target. Daily 3% of the initial balance. 6% TRAILING max loss: a fixed 6% of the initial balance below your highest recorded balance; it locks at the initial balance once you are +6%. The firm trails the closed balance; we trail equity, which can only put the floor earlier. Shield Risk Protocol at 1% floating loss. Payouts: 5 qualifying days, best day at most 15% of total profit, 80/20 split. Day rolls at 5 PM EST (New York): the daily limit is a fixed percent of the initial balance below the higher of balance or equity at the roll, and touching it with either balance or equity fails the account. Minimum trading days count only days with at least 0.5% profit. No time limit. News and weekend holding allowed; hedging allowed but hedged positions may not be held overnight and a partially closed position may not be held overnight. Any trade closed within 1 minute has its profit voided (challenge: more than 20% of profit from such trades means redoing it). No opening within 5 minutes before the daily rollover or closing within 5 minutes after it. 30 days without activity breaches the account. Payouts on demand once profit is at least 1% of the initial balance, all trades closed; 5% fee on crypto payouts. Platforms: cTrader, TradeLocker, Match-Trader and MT5 (no US IP on MT5/cTrader); $7 per lot round turn on forex and commodities, swap-free.

What Funded Trader Markets says

These sentences are copied from Funded Trader Markets’s own pages and stored next to the numbers above. Each links to the page it came from.

Maximum loss type · Funded Trader Markets 1 Step Nitro
“It consistently remains at 6% of the INITIAL BALANCE from the peak balance.”

Source: intercom.help/fundedtradermarkets/en/articles/9999589-how-does-the-overall-drawdown-limit-for-the-1-step-nitro-evaluation-work

Maximum loss · Funded Trader Markets 1 Step Nitro
“Once the account achieves a 6% profit, the Overall Drawdown Limit is fixed based on the Initial Account size, and the highest recorded balance no longer affects the limit.”

Source: intercom.help/fundedtradermarkets/en/articles/9999589-how-does-the-overall-drawdown-limit-for-the-1-step-nitro-evaluation-work

Daily loss limit · Funded Trader Markets 1 Step Nitro
“The Maximum Daily Drawdown Limit is 4% of the Initial Balance.”

Source: intercom.help/fundedtradermarkets/en/articles/9999585-how-does-the-maximum-daily-drawdown-limit-for-the-1-step-nitro-evaluation-work

Maximum loss type · Funded Trader Markets 2 Step Plus
“The Overall Drawdown Limit for 2-Step Plus is 10% and remains fixed to the initial balance throughout the account.”

Source: intercom.help/fundedtradermarkets/en/articles/12171067-how-does-the-overall-drawdown-limit-for-the-2-step-plus-account-work

Maximum loss · Funded Trader Markets 2 Step Plus
“The Overall Drawdown Limit for 2-Step Plus is 10% and remains fixed to the initial balance throughout the account.”

Source: intercom.help/fundedtradermarkets/en/articles/12171067-how-does-the-overall-drawdown-limit-for-the-2-step-plus-account-work

Daily loss limit · Funded Trader Markets 2 Step Plus
“The Maximum Daily Drawdown Limit is 4% of the Initial Balance.”

Source: intercom.help/fundedtradermarkets/en/articles/12171066-how-does-the-maximum-daily-drawdown-limit-for-the-2-step-plus-account-work

Maximum loss type · Funded Trader Markets Instant Standard
“It consistently remains at 5% of the INITIAL BALANCE from the peak balance.”

Source: intercom.help/fundedtradermarkets/en/articles/10020442-how-does-the-overall-drawdown-limit-for-the-instant-funding-standard-account-work

Maximum loss · Funded Trader Markets Instant Standard
“The Overall Drawdown Limit for the Instant Funding Account is 5%.”

Source: intercom.help/fundedtradermarkets/en/articles/10020442-how-does-the-overall-drawdown-limit-for-the-instant-funding-standard-account-work

Daily loss limit · Funded Trader Markets Instant Standard
“The Instant Funding Account has a fixed Daily Drawdown Limit of 3%, based on the initial balance.”

Source: intercom.help/fundedtradermarkets/en/articles/10020437-how-does-the-maximum-daily-drawdown-limit-for-the-instant-funding-standard-account-work

Maximum loss type · Funded Trader Markets Instant Pro
“It consistently remains at 3% of the INITIAL BALANCE from the peak balance and is always trailing.”

Source: intercom.help/fundedtradermarkets/en/articles/10152122-how-does-the-overall-drawdown-limit-for-the-instant-funding-pro-account-work

Maximum loss · Funded Trader Markets Instant Pro
“The Overall Drawdown Limit for the Instant Funding Pro Account is 3%.”

Source: intercom.help/fundedtradermarkets/en/articles/10152122-how-does-the-overall-drawdown-limit-for-the-instant-funding-pro-account-work

Daily loss limit · Funded Trader Markets Instant Pro
“The Maximum Daily Drawdown Limit is 3% of the Initial Balance.”

Source: intercom.help/fundedtradermarkets/en/articles/10152114-how-does-the-daily-drawdown-limit-for-the-instant-pro-account-work

Maximum loss type · Funded Trader Markets Instant Plus
“It consistently trails at 6% of the INITIAL BALANCE from the Highest Recorded Balance.”

Source: intercom.help/fundedtradermarkets/en/articles/12123675-how-does-the-overall-drawdown-limit-for-the-instant-funding-plus-account-work

Maximum loss · Funded Trader Markets Instant Plus
“Once the account achieves a 6% profit, the Overall Drawdown Limit is fixed based on the Initial Account size, and the highest recorded balance no longer affects the limit.”

Source: intercom.help/fundedtradermarkets/en/articles/12123675-how-does-the-overall-drawdown-limit-for-the-instant-funding-plus-account-work

Daily loss limit · Funded Trader Markets Instant Plus
“The Maximum Daily Drawdown Limit is 3% of the Initial Balance.”

Source: intercom.help/fundedtradermarkets/en/articles/12123672-how-does-the-maximum-daily-drawdown-limit-for-the-instant-funding-plus-account-work

Funded Trader Markets rules, questions answered

Does Funded Trader Markets have a trailing drawdown?

Funded Trader Markets 1 Step Nitro and Funded Trader Markets Instant Plus: Yes. The maximum loss trails the peak. It is recalculated on every tick. It sits a fixed distance behind the peak. It stops trailing once it reaches the starting balance. Funded Trader Markets 2 Step Plus: No. The maximum loss is static: a fixed floor below the starting balance that never moves. Funded Trader Markets Instant Standard and Funded Trader Markets Instant Pro: Yes. The maximum loss trails the peak. It is recalculated on every tick. It sits a fixed distance behind the peak. It has no lock point and keeps rising with every new high.

When does the daily loss limit reset at Funded Trader Markets?

All Funded Trader Markets programs: The daily loss limit resets at 17:00 New York time (ET).

How is the daily loss limit calculated at Funded Trader Markets?

Funded Trader Markets 1 Step Nitro and Funded Trader Markets 2 Step Plus: The limit is 4% of the starting account size. Funded Trader Markets states: "The Maximum Daily Drawdown Limit is 4% of the Initial Balance." Funded Trader Markets Instant Standard: The limit is 3% of the starting account size. Funded Trader Markets states: "The Instant Funding Account has a fixed Daily Drawdown Limit of 3%, based on the initial balance." Funded Trader Markets Instant Pro and Funded Trader Markets Instant Plus: The limit is 3% of the starting account size. Funded Trader Markets states: "The Maximum Daily Drawdown Limit is 3% of the Initial Balance."

Does Funded Trader Markets have a consistency rule?

Funded Trader Markets 1 Step Nitro: Yes, a 50% best-day rule. Best day may not exceed 50% of the profit target in the evaluation and 45% of total profit once funded (balance at 5 PM EST to balance at 5 PM EST). Funded Trader Markets 2 Step Plus: No consistency rule. Funded Trader Markets Instant Standard: Yes, a 15% best-day rule. Payouts: 5 qualifying days, best day at most 15% of total profit, no partial withdrawals (a full withdrawal resets the account and its limits). Funded Trader Markets Instant Pro: Yes, a 15% best-day rule. Payouts: 5 qualifying days (removable with a paid add-on at checkout), best day at most 15% of total profit, no partial withdrawals. Funded Trader Markets Instant Plus: Yes, a 15% best-day rule. Payouts: 5 qualifying days, best day at most 15% of total profit, 80/20 split.

What is the minimum number of trading days at Funded Trader Markets?

Funded Trader Markets 1 Step Nitro: The program notes state: One phase: 10% target, no minimum days. Minimum trading days count only days with at least 0.5% profit. Funded Trader Markets 2 Step Plus: The program notes state: 8% then 5%, at least 3 trading days per phase, no consistency rule. Minimum trading days count only days with at least 0.5% profit. Funded Trader Markets Instant Standard, Funded Trader Markets Instant Pro and Funded Trader Markets Instant Plus: The program notes state: Minimum trading days count only days with at least 0.5% profit.

Can I trade news at Funded Trader Markets?

All Funded Trader Markets programs: Allowed. All programs, every stage: news trading allowed with no window. Only 'news scalping', rapidly opening and closing positions within seconds around high-impact releases to exploit the feed, is prohibited (the prohibited-practices article, 'Are There Any Limitations On Certain Trading Practices at Funded Trader Markets?', https://intercom.help/fundedtradermarkets/en/articles/9999536).

Tracking Funded Trader Markets rules automatically

Consistry is a trading journal for prop firm traders. It applies these verified Funded Trader Markets limits to your trades and shows the daily room left, the distance to the maximum loss and your progress through each phase, so you do not have to work them out by hand. Logging trades and accounts is free.

Rules change and firms run promotions. Everything on this page is re-checked weekly and dated, but the account you are trading is the final word: confirm the live numbers in your Funded Trader Markets dashboard before you rely on them.