Reference
Prop-firm rules, by type.
Every prop-firm challenge and funded account is governed by a handful of rule types — a maximum daily loss, a maximum drawdown, and a margin level / stop-out. Here’s what each one is and how it ends an account. This is a plain-language explainer, not advice, and the only numbers that bind you are your firm’s.
Maximum daily loss
Chartping watches thisA cap on how much the account may lose in a single trading day, usually measured on equity from a fixed daily starting point and reset each day.
How it ends an account: Breached the moment equity crosses the line — often intraday, on floating losses, without closing a trade.
Maximum drawdown (static or trailing)
Chartping watches thisA floor under the whole account. Static floors never move; trailing floors follow equity up to your peak, so the line is tied to your best moment, not your start.
How it ends an account: Trailing drawdown quietly ends accounts when equity gives back gains the floor already locked in.
Margin level & stop-out
Chartping watches thisMargin level is equity ÷ used margin × 100. Below the broker's stop-out level, positions are force-closed automatically.
How it ends an account: A slide toward the stop-out — often overnight or on a gap — closes positions and locks in the loss.
Consistency, time & other program rules
Not a live-metric ruleMany programs add rules like minimum trading days, consistency/profit-split caps, news-trading windows or maximum lot sizes. These vary widely and are firm-specific.
How it ends an account: These are pass/eligibility rules rather than live loss lines; they don't map to a numeric account metric.
Frequently asked
What are the main prop-firm rules?+
The three loss rules that end most accounts are the maximum daily loss, the maximum drawdown (static or trailing), and the margin level / stop-out. Programs also add non-numeric rules like minimum trading days or consistency requirements. The exact figures are set by each firm's agreement.
Which prop-firm rules can Chartping watch?+
Chartping watches the numeric, live-account rules: daily loss, drawdown-from-peak and margin level, each with an early-warning threshold you set. It does not track program eligibility rules like minimum trading days.
Does Chartping know my firm's exact limits?+
No — you enter the limits that apply to your account, because firms word and change them differently. Chartping never suggests a value; presets ship disabled and you confirm every number. Always read your own account agreement.
Watching these across a funded account? See prop-firm risk monitoring or the glossary.
Put your funded accounts under watch.
Join the waitlist — be among the first to know what's happening across every account you trade.