What is the Maximum Loss Limit?
The Maximum Loss Limit (MLL) represents the lowest point your account balance is allowed to reach. If your balance hits that level, trading stops immediately.
The Maximum Loss Limit for each account size is:
$50K account: $2,000
$100K account: $3,000
$150K account: $4,500
How is the Maximum Loss Limit calculated?
The Maximum Loss Limit trails your highest end-of-day balance, rising as your balance grows, but never moving down. Once it reaches your starting balance, it locks in permanently.
Trading Combine
Example: You start a $50k Trading Combine and make $500 on day one. Your balance is $50,500, so your Maximum Loss Limit moves up to $48,500. You lose $500 the next day, your balance drops to $50,000, but your Maximum Loss Limit stays at $48,500.
Express Funded Account
Express Funded Accounts work the same way, but start at a $0 balance. For a $50,000 Express Funded Account, your Maximum Loss Limit starts at -$2,000 and trails upward as your balance grows. Once your balance reaches $2,000, the Maximum Loss Limit stays at $0.
Example: You start your $50k Express Funded Account and make $1,000 on day one. Your balance is $1,000, so your Maximum Loss Limit moves up to -$1,000. You make another $1,000 on day two, bringing your balance to $2,000 — your Maximum Loss Limit will remain at $0. From this point forward, your balance can never fall below $0.
When is the Maximum Loss Limit Calculated?
The MLL updates at the end of each trading day, but it is monitored in real time. Both your realized and unrealized P&L count toward it. If your Net P&L hits or exceeds the limit at any point during the day, your account will be liquidated immediately.
What happens if I break the Maximum Loss Limit rule?
Trading Combine: Your account is liquidated for the rest of the trading day and becomes ineligible for funding until reset. You can still practice trade.
Express Funded Account: Your account will be permanently closed. Back2Funded may be available if you are eligible.
Live Funded Account: Your account will be permanently closed at the end of that trading day.
Once you take your first payout, your MLL is set to $0. From that point on, your balance needs to stay above $0.
Can I request that my Maximum Loss Limit be adjusted in my account?
Maximum Loss Limits cannot be adjusted or changed on your account. Topstep does not make exceptions to the Maximum Loss Limit for any account.