Funded Trading Plus rules: drawdown, daily loss and reset time

Funded Trading Plus 1-Step Express: 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.

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

10% target, no minimum days.

Consistency rule

No consistency rule.

News trading

Allowed. News trading is allowed on every current program. Passes, scaling and withdrawals go through a risk review that looks at margin use, trade duration and volatility together, one near-maximum-margin trade held seconds through a release like NFP is the firm's own example of an unacceptable 'coin-flip'. source

Program notes. 10% target, no minimum days. Daily loss is 4% of the prior day's closed balance (reset 16:59 EST). The 6% max trails the highest closed balance by a fixed 6% of the initial balance and stops at the starting balance. Weekend holding allowed. Rewards from day one, then every 7 days; 30 days without a trade breaches the account.

Funded Trading Plus Instant Funding: no profit target, a 6% 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.

Daily reset

The daily loss limit resets at 17:00 New York time (ET).

Daily loss calculation

The limit is 6% 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

Not recorded in the verified rules.

Consistency rule

No consistency rule.

News trading

Allowed. News trading is allowed on every current program. Passes, scaling and withdrawals go through a risk review that looks at margin use, trade duration and volatility together, one near-maximum-margin trade held seconds through a release like NFP is the firm's own example of an unacceptable 'coin-flip'. source

Program notes. Funded from day one, no target. Daily loss is 6% of the higher of the prior day's closed balance or equity, taken at 17:00 EST. The 6% max trails the highest closed balance by a fixed 6% of the initial balance and stops at the starting balance. No weekend holding: every trade must be closed by 4:30 PM EST on Friday or the system closes it. Rewards from day one, then every 7 days.

Funded Trading Plus 2-Step Classic: a 7% profit target in each of 2 phases, a 4% daily loss limit that resets at 17:00 New York time (ET), and an 8% static maximum loss.

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 8%, static: a fixed floor below the starting balance that never moves.

Minimum trading days

7% in both steps, no minimum days.

Consistency rule

Yes, a 35% best-day rule.

News trading

Allowed. News trading is allowed on every current program. Passes, scaling and withdrawals go through a risk review that looks at margin use, trade duration and volatility together, one near-maximum-margin trade held seconds through a release like NFP is the firm's own example of an unacceptable 'coin-flip'. source

Program notes. 7% in both steps, no minimum days. Daily loss is 4% of the balance snapshot taken at 16:59 EST (open profit does not raise it); the 8% max is static from the starting balance. No day may exceed 35% of the step's net profit (50% of the payout period once funded), going over means trading on. A 3% loss on any one symbol, measured from the prior day's 16:59 EST balance, terminates the account. Rewards every 10 days; 30 days without a trade breaches the account.