Futures firms
End-of-day trailing drawdown of $2,000 that freezes once it reaches your starting balance (the Maximum Loss Limit). The floor moves up at each daily close, never intraday.
Read the rules →An intraday trailing drawdown of $2,500 that follows every new equity high the moment it prints, including while a trade is open. It does not freeze at the starting balance.
Read the rules →An end-of-day trailing drawdown of $2,000 alongside a $1,100 daily loss limit. The trail moves at each daily close.
Read the rules →Forex firms
A static 10% maximum loss from the starting balance plus a 5% daily loss limit measured from each day's starting equity. Targets are percentage-based.
Read the rules →A 10% maximum drawdown and a 5% daily loss limit, with an 8% profit target on the Stellar Challenge.
Read the rules →A 10% maximum drawdown with a 5% daily loss limit and an 8% profit target on the High Stakes program.
Read the rules →Track these rules from your trades, not by hand.
Import your trades and Merlin computes your distance to breach on every rule from your closed trades, and the Pre-Trade Check flags the trade that breaks them.
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Firm figures reflect published rules at the time of writing. Firms revise rules often, so verify against the firm's site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
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