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Prime Time Funding rules: drawdown, daily loss and reset time

Prime Time Funding has 3 programs with verified rules, and the maximum loss is static on 1 and intraday trailing on 2. 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 Prime Time Funding’s own rules: help.tradeprime.com/en/articles/10205827-maximum-overall-drawdown-rules-and-guidelines, help.tradeprime.com/en/articles/11428876-what-is-the-maximum-trailing-drawdown-on-the-instant-accounts. Consistry re-reads every firm’s pages weekly.

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Prime Time Funding rules by program

Prime Time Funding 2-Step Challenge

Verified October 14, 2026 · source

Prime Time Funding 2-Step Challenge: 10% then 5% profit targets, a 4% daily loss limit that resets at 17:00 New York time (ET), and an 8% static maximum loss.

Prime Time Funding 2-Step Challenge limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
Phase 110%4%8%Static
Phase 25%4%8%Static
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 4% of the day's opening balance or equity.
Maximum loss
The maximum loss is 8%, static: a fixed floor below the starting balance that never moves.
Minimum trading days
No minimum trading days.
Consistency rule
Not recorded in the verified rules.
News trading
Restricted: no opening or closing trades within 3 minutes of high-impact releases. Breaking it fails the account. Every program and stage: no trades may be executed on the instruments affected by a high-impact (Forex Factory red folder) event within 3 minutes before and 3 minutes after it. The help centre bans executing any trade in the window; the terms ban opening a position. Consequences, at the firm's discretion: the trade removed, leverage reduced, or the account breached. source

Program notes. 10% then 5%, 4% daily, 8% static max loss from the starting balance; funded split 75%. The homepage's worked example mentions "the 5% daily loss limit" and the plan API prices the 500K on DXtrade with 5%; the help centre, the homepage card and every other plan say 4%, which is carried. Funded: Lock Upon Payout, after a full payout the max floor locks at the starting balance. Day rolls at 5 PM EST: the daily limit is a percent OF the greater of the previous day's closing balance or closing equity (accounts created from 1 February 2026; older accounts and the paid 'Balance-Based Daily Drawdown' add-on use the closing balance only), breached on intraday equity. No minimum trading days. News: no trades on the affected instruments within 3 minutes either side of red-folder news (the trade is removed, leverage cut, or the account breached). Weekend: all positions must be closed by 3:45 PM EST Friday unless the Hold Weekend add-on was bought. Leverage forex 20:1, metals/commodities/indices 5:1, crypto 2:1; lot caps 100 (FX, commodities), 10 (gold, silver), 20 (BTCUSD), 50 (indices). No martingale or averaging down. 30 days without a trade breaches the account. Payouts: first on demand, then every 30 days unless a Rapid Payout add-on was bought; minimum $100; the homepage's '90%' split and 'every 14 days' are paid add-ons. Consistency: the help centre mentions 'applicable consistency requirements' without a number, ask the firm. Platforms: DXtrade, Match-Trader, cTrader (not for US clients) and PropX.

Prime Time Funding 1-Step Challenge

Verified October 14, 2026 · source

Prime Time Funding 1-Step Challenge: a 10% profit target, a 5% 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.

Prime Time Funding 1-Step Challenge limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
Rules10%5%6%Intraday trailing
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 5% of the day's opening balance or equity.
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
No minimum trading days.
Consistency rule
Not recorded in the verified rules.
News trading
Restricted: no opening or closing trades within 3 minutes of high-impact releases. Breaking it fails the account. Every program and stage: no trades may be executed on the instruments affected by a high-impact (Forex Factory red folder) event within 3 minutes before and 3 minutes after it. The help centre bans executing any trade in the window; the terms ban opening a position. Consequences, at the firm's discretion: the trade removed, leverage reduced, or the account breached. source

Program notes. One phase: 10% target, 5% daily. 6% TRAILING max loss: a fixed 6% of the starting balance below your highest closed balance (the firm's example: $102,000 to $96,000), locked at the starting balance once you are +6%. The firm trails the closed balance; we trail equity, which can only put the floor earlier. Funded split 75%. Day rolls at 5 PM EST: the daily limit is a percent OF the greater of the previous day's closing balance or closing equity (accounts created from 1 February 2026; older accounts and the paid 'Balance-Based Daily Drawdown' add-on use the closing balance only), breached on intraday equity. No minimum trading days. News: no trades on the affected instruments within 3 minutes either side of red-folder news (the trade is removed, leverage cut, or the account breached). Weekend: all positions must be closed by 3:45 PM EST Friday unless the Hold Weekend add-on was bought. Leverage forex 20:1, metals/commodities/indices 5:1, crypto 2:1; lot caps 100 (FX, commodities), 10 (gold, silver), 20 (BTCUSD), 50 (indices). No martingale or averaging down. 30 days without a trade breaches the account. Payouts: first on demand, then every 30 days unless a Rapid Payout add-on was bought; minimum $100; the homepage's '90%' split and 'every 14 days' are paid add-ons. Consistency: the help centre mentions 'applicable consistency requirements' without a number, ask the firm. Platforms: DXtrade, Match-Trader, cTrader (not for US clients) and PropX.

Prime Time Funding Instant Funding

Verified October 14, 2026 · source

Prime Time Funding Instant Funding: no profit target, a 5% daily loss limit that resets at 17:00 New York time (ET), and an 8% intraday trailing maximum loss that stops trailing once it reaches the starting balance.

Prime Time Funding Instant Funding limits
PhaseProfit targetDaily loss limitMaximum lossMaximum loss type
RulesNone5%8%Intraday trailing
Daily reset
The daily loss limit resets at 17:00 New York time (ET).
Daily loss calculation
The limit is 5% of the day's opening balance or equity.
Maximum loss
The maximum loss is 8%, 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
No minimum trading days.
Consistency rule
Not recorded in the verified rules.
News trading
Restricted: no opening or closing trades within 3 minutes of high-impact releases. Breaking it fails the account. Every program and stage: no trades may be executed on the instruments affected by a high-impact (Forex Factory red folder) event within 3 minutes before and 3 minutes after it. The help centre bans executing any trade in the window; the terms ban opening a position. Consequences, at the firm's discretion: the trade removed, leverage reduced, or the account breached. source

Program notes. Instant account, no target. 5% daily (the firm's example: $102,000 to a floor of $96,900). 8% TRAILING max loss: a fixed 8% of the starting balance below your highest closed balance (example: $102,000 to $94,000), locked at the starting balance once you are +8% or when a payout is approved. The firm trails the closed balance; we trail equity, which can only put the floor earlier. Split 80%; minimum payout the greater of $100 or 1% of the starting balance; KYC at the first payout. Day rolls at 5 PM EST: the daily limit is a percent OF the greater of the previous day's closing balance or closing equity (accounts created from 1 February 2026; older accounts and the paid 'Balance-Based Daily Drawdown' add-on use the closing balance only), breached on intraday equity. No minimum trading days. News: no trades on the affected instruments within 3 minutes either side of red-folder news (the trade is removed, leverage cut, or the account breached). Weekend: all positions must be closed by 3:45 PM EST Friday unless the Hold Weekend add-on was bought. Leverage forex 20:1, metals/commodities/indices 5:1, crypto 2:1; lot caps 100 (FX, commodities), 10 (gold, silver), 20 (BTCUSD), 50 (indices). No martingale or averaging down. 30 days without a trade breaches the account. Payouts: first on demand, then every 30 days unless a Rapid Payout add-on was bought; minimum $100; the homepage's '90%' split and 'every 14 days' are paid add-ons. Consistency: the help centre mentions 'applicable consistency requirements' without a number, ask the firm. Platforms: DXtrade, Match-Trader, cTrader (not for US clients) and PropX.

What Prime Time Funding says

These sentences are copied from Prime Time Funding’s own pages and stored next to the numbers above. Each links to the page it came from.

Maximum loss type · Prime Time Funding 2-Step Challenge
“Setup: The Maximum Drawdown is fixed at 8% of your starting balance and does not trail or adjust with account performance.”

Source: help.tradeprime.com/en/articles/10205827-maximum-overall-drawdown-rules-and-guidelines

Maximum loss · Prime Time Funding 2-Step Challenge
“Setup: The Maximum Drawdown is fixed at 8% of your starting balance and does not trail or adjust with account performance.”

Source: help.tradeprime.com/en/articles/10205827-maximum-overall-drawdown-rules-and-guidelines

Daily loss limit · Prime Time Funding 2-Step Challenge
“2-Step Account: 4% daily loss limit”

Source: help.tradeprime.com/en/articles/10205815-what-are-the-daily-drawdown-limits

Maximum loss type · Prime Time Funding 1-Step Challenge
“Initial Setup: The Maximum Trailing Drawdown is set at 6% of your starting balance. It is calculated based on the closed balance (not equity) and trails your account until you achieve a 6% return.”

Source: help.tradeprime.com/en/articles/10205827-maximum-overall-drawdown-rules-and-guidelines

Maximum loss · Prime Time Funding 1-Step Challenge
“Lock-in Point: Once you reach a 6% return, the drawdown stops trailing and is permanently locked at your starting balance.”

Source: help.tradeprime.com/en/articles/10205827-maximum-overall-drawdown-rules-and-guidelines

Daily loss limit · Prime Time Funding 1-Step Challenge
“1-Step Account: 5% daily loss limit”

Source: help.tradeprime.com/en/articles/10205815-what-are-the-daily-drawdown-limits

What the daily limit is measured from · Prime Time Funding 1-Step Challenge and Prime Time Funding Instant Funding
“Five percent of $102,000 is $5,100, meaning the account will violate the Daily Loss Limit if intraday equity reaches $96,900 at any point during the next trading day.”

Source: help.tradeprime.com/en/articles/11428853-what-is-the-daily-loss-limit

Maximum loss type · Prime Time Funding Instant Funding
“The Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE - NOT EQUITY) your account until you have achieved a 8% return in your account. Once you have achieved an 8% return, the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance.”

Source: help.tradeprime.com/en/articles/11428876-what-is-the-maximum-trailing-drawdown-on-the-instant-accounts

Maximum loss · Prime Time Funding Instant Funding
“The Maximum Drawdown is 8%, calculated on your highest closed balance. It locks at your starting balance once you've made an 8% profit.”

Source: help.tradeprime.com/en/articles/11428876-what-is-the-maximum-trailing-drawdown-on-the-instant-accounts

Daily loss limit · Prime Time Funding Instant Funding
“This limit resets each day at 5:00 PM EST. The Daily Loss Limit is calculated using the greater of the prior day’s end of day balance, which includes closed P&L only, OR the prior day’s end of day equity, which includes both balance and any open P&L.”

Source: help.tradeprime.com/en/articles/11428853-what-is-the-daily-loss-limit

Prime Time Funding rules, questions answered

Does Prime Time Funding have a trailing drawdown?

Prime Time Funding 2-Step Challenge: No. The maximum loss is static: a fixed floor below the starting balance that never moves. Prime Time Funding 1-Step Challenge and Prime Time Funding Instant Funding: 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.

When does the daily loss limit reset at Prime Time Funding?

All Prime Time Funding programs: The daily loss limit resets at 17:00 New York time (ET).

How is the daily loss limit calculated at Prime Time Funding?

Prime Time Funding 2-Step Challenge: The limit is 4% of the day's opening balance or equity. Prime Time Funding states: "2-Step Account: 4% daily loss limit" Prime Time Funding 1-Step Challenge: The limit is 5% of the day's opening balance or equity. Prime Time Funding states: "1-Step Account: 5% daily loss limit" Prime Time Funding Instant Funding: The limit is 5% of the day's opening balance or equity. Prime Time Funding states: "This limit resets each day at 5:00 PM EST. The Daily Loss Limit is calculated using the greater of the prior day’s end of day balance, which includes closed P&L only, OR the prior day’s end of day equity, which includes both balance and any open P&L."

Does Prime Time Funding have a consistency rule?

All Prime Time Funding programs: Not recorded in the verified rules.

What is the minimum number of trading days at Prime Time Funding?

All Prime Time Funding programs: The program notes state: No minimum trading days.

Can I trade news at Prime Time Funding?

All Prime Time Funding programs: Restricted: no opening or closing trades within 3 minutes of high-impact releases. Breaking it fails the account. Every program and stage: no trades may be executed on the instruments affected by a high-impact (Forex Factory red folder) event within 3 minutes before and 3 minutes after it. The help centre bans executing any trade in the window; the terms ban opening a position. Consequences, at the firm's discretion: the trade removed, leverage reduced, or the account breached.

Tracking Prime Time Funding rules automatically

Consistry is a trading journal for prop firm traders. It applies these verified Prime Time Funding 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.

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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 Prime Time Funding dashboard before you rely on them.