The Numbers
| Account | Starting balance | Maximum loss | Starting floor | Floor locks at | EOD equity that locks it |
|---|---|---|---|---|---|
| $25k Scale | $25,000 | $1,000 | $24,000 | $25,100 | $26,100 |
| $50k Scale | $50,000 | $2,000 | $48,000 | $50,100 | $52,100 |
| $100k Scale | $100,000 | $3,000 | $97,000 | $100,100 | $103,100 |
On the $50k you have $2,000 of room to make a $3,000 target. See Evaluation Rules.
The floor stops moving once it reaches the lock level, and stays there for the life of the account, however far you go on — so from that point your room only ever grows. This is why many traders size smaller between $50,000 and $52,100: getting the lock set early is the cheapest protection available on the account. Note that the lock level sits $100 above the starting balance, so a locked account breaches before it can return to where it started.
How the Floor Moves
Two figures feed the calculation:
- End-of-day marked equity. Your balance plus FPT's marked value of any open simulated positions at the close of the FPT Trading Day. Not balance alone.
- Highest EOD marked equity. The highest such figure recorded so far in that stage.
The snapshot that moves your floor is taken at 11:59:59 PM Eastern, the close of the FPT Trading Day. FPT marks open positions from available market data; the exact mark-price calculation is one of the figures published before trading launches.
At each day's close, FPT computes a candidate and keeps whichever is higher:
Candidate floor = highest EOD marked equity − maximum loss
Active drawdown floor = the greater of (previous active floor, candidate floor)
Once the candidate reaches or exceeds starting balance + $100, the floor is set to exactly that level and stops for good.
| Day | EOD marked equity | Highest EOD so far | Candidate floor | Active floor | What happened |
|---|---|---|---|---|---|
| Start | $50,000 | $50,000 | — | $48,000 | One maximum loss below the start |
| 1 | $50,600 | $50,600 | $48,600 | $48,600 | New EOD high, floor trails up |
| 2 | $50,200 | $50,600 | $48,600 | $48,600 | Losing day. The floor never moves down |
| 3 | $51,400 | $51,400 | $49,400 | $49,400 | New EOD high, floor trails again |
| 4 | $52,100 | $52,100 | $50,100 | $50,100, locked | The candidate reaches the lock level |
| 5 | $53,000 | $53,000 | $51,000 | $50,100 | Candidate is higher, but the floor has stopped |
The Floor Applies at All Times
The floor is recalculated once a day, at the close, but it is live at every moment in between.
- Marked equity reaching or falling below the active floor at any moment ends the account at that moment, rather than at the day's end.
- Intraday gains do not raise the floor. Touching $52,400 at midday and closing at $50,900 moves your floor to $48,900 — the snapshot sets it, not the peak.
- An unrealised loss counts the same as a realised one, including on a position you intend to hold to resolution.
Positions may stay open across day-end where the platform permits.
Two Things Worth Sizing For
Your whole loss allowance is available in a single day. There is no daily loss limit, so nothing stops you at a set amount before the floor does — size against your distance from the floor rather than against the day, and your dashboard shows that distance continuously.
Your floor rises as you profit. Because a losing day sets no new high, two days can add up to more than one maximum loss: on a $25k account at the $24,000 floor, lose $350 and close at $24,650, then lose $700 the next day, and marked equity reaches $23,950 — $1,050 across the two days.
In the Funded Stage
The mechanism is unchanged in the funded stage. The maximum loss and active floor governing a funded account are shown on that account in your dashboard.
One rule is added. A payout cannot be approved if deducting it would place your marked equity at or below the active floor; the floor does not move down after a payout, and requesting one does not lock it. See Payout Rules.