Maximum Loss Limit: the account boundary
The Maximum Loss Limit (MLL) sets the distance between an account's highest qualifying balance and its loss floor. The floor rises with that balance and never moves down. Touching the floor breaches the account; a Daily Loss Limit (DLL) instead stops trading for the session.
EOD drawdown follows the highest end-of-day balance. Intraday drawdown follows the highest real-time balance, including unrealized profit from open positions. EOD describes when the floor rises, not when it is enforced: open-position losses still count against the current floor while you trade.
The examples below use hypothetical balances with trading costs already reflected. They apply to the stated evaluation or simulated-funded stage. Live accounts have separate terms.
| Plan | $25K | $50K | $100K | $150K |
|---|---|---|---|---|
| Prime / Flex / Payout | $1,000 | $2,000 | $3,000 | $4,500 |
| BoxcarFunded | $1,000 | $2,000 | $3,500 | $5,000 |
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When the loss floor stops rising
The floor is capped at starting balance + $100. It reaches that cap when the qualifying balance reaches starting balance + MLL + $100, called the initial trail balance. A later loss does not lower the floor.
For a $50K account with a $2,000 MLL, the floor starts at $48,000. At a qualifying balance of $52,100, subtracting $2,000 produces the $50,100 cap. $50K Flex simulated-funded accounts also lock the floor at $50,100 when a payout is requested.
Prime: an end-of-day example
A $50K Prime evaluation or simulated-funded account starts with a $48,000 floor. If its highest EOD balance reaches $51,400, the next session's floor is $51,400 - $2,000 = $49,400. A higher intraday peak alone does not raise this EOD floor.
Flex: a payout can reduce the remaining distance
Assume a $50K Flex simulated-funded account has $51,000 and already meets every payout condition. Requesting the payout locks its floor at $50,100. If $500 is then deducted for the payout, the remaining $50,500 balance sits $400 above the floor.
That $400 distance is not an amount the account may lose and remain active: touching $50,100 breaches it. Payout eligibility and remaining drawdown are separate calculations.
Payout: open profit can raise the floor
A $50K Payout simulated-funded account always uses intraday drawdown, even if its evaluation used EOD. A real-time high of $51,600, including open-position profit, raises its floor to $51,600 - $2,000 = $49,600.
If the trade later closes with the account at $50,600, the floor stays $49,600. The remaining distance is $1,000, not the original $2,000.
Daily Loss Limit: a session lockout
Hitting a DLL closes positions and prevents trading until the next session; it does not by itself breach the account. The DLL does not trail behind intraday gains. Prime, Flex and Payout offer a DLL selected at purchase; BoxcarFunded has size-based settings with no purchase toggle.
| Plan | $25K | $50K | $100K | $150K |
|---|---|---|---|---|
| Prime / Flex / Payout, when selected | $600 | $1,200 | $1,800 | $2,700 |
| BoxcarFunded | None | $1,200 | $2,100 | $3,000 |
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When a funded DLL increases
On Prime simulated-funded accounts with a DLL, and BoxcarFunded sizes that have one, an EOD close above the initial trail balance changes the DLL to 60% of peak EOD profit. It can only increase. This uses profit above the starting balance, not 60% of the account balance.
For example, a $100K BoxcarFunded account has a $3,500 MLL and starts with a $2,100 DLL. A highest EOD balance of $104,000 puts the loss floor at its $100,100 cap. Because the close is above the $103,600 initial trail balance, the DLL becomes 60% × ($104,000 - $100,000) = $2,400. A later lower close reduces neither the floor nor the DLL.
Prime evaluation DLLs remain fixed. Flex and Payout keep their selected fixed DLL in both stages. The $25K BoxcarFunded account has no DLL and does not acquire one after earning profit.