Account Details
- •Account Size: $100k
- •Max Drawdown: $5,000 EOD-trailing (until $115k Milestone)
- •Daily Loss Limit: 2.5%
- •Max Size: Margin Based. 60% margin requirements for Intraday Accounts, and 100% margin requirements for Swing Accounts.
Milestone Unlock
- •$115k: Unlock full firm support, fixed MDD $5k below Milestone day EOD balance, and 100% career building where every dollar of PL goes towards your Live Desk Starting Balance and risk limits.
Other Details
- •Commissions: minis $2.00/side, micros $0.55/side
- •Resets: Allowed (trading is hard)
- •Graduation: Promotes to Live Desk
Understanding the Max Drawdown
Understanding how the End-of-Day trailing drawdown works:
The max drawdown is the most you can lose ('draw down') in your account while still remaining in an Evaluation Account. If your account balance reaches the max drawdown, you will be liquidated and the Account will be failed. The max drawdown trails your highest EOD account balance by $5,000 until your account balance reaches $115k PL Milestone, at which point it it becomes static at 5k below EOD balance on Milestone day for the remainder of the Evaluation Program.
Example 1 — Full Walkthrough
| Day | End-of-Day Balance | Trailing Drawdown | Notes |
|---|---|---|---|
| Start | $100,000 | $95,000 | Initial level = 100,000 – 5,000 |
| Day 1 | $99,000 | $95,000 | No new high → max drawdown unchanged |
| Day 2 | $103,000 | $98,000 | New EOD high → max drawdown trails |
| Day 3 | $115,000 | $110,000 | $15k Milestone reached; max drawdown now static at 5k below EOD balance on this Milestone day |
| Day 4 | $150,000 | $110,000 | No change. Max drawdown remains static |
Understanding the Daily Loss Limit Calculation
Each day at the CME Exchange reset, Apteros looks at your account balance - NOT including any unrealized PL for swing traders, and finds 2.5% of that Account Balance for your following trading session DLL.
This is a big benefit for swing traders so that they are not penalized for giving back large open PL - it won't count towards their DLL. The policy is irrelevant for Intraday accounts as they aren't allowed to hold unrealized PL through an exchange reset.