# Trade Fund Eligibility {% embed url="" %}
What is the MLL rule to pass the evaluation? The Maximum Loss Limit (MLL, or trailing drawdown) is your daily risk guardrail. It sets the lowest point your account value can fall during the day. We use it to measure how consistently you can manage risk.\ \ Example — Standard Plan with $10K Capital:\ \- Your MLL starts at $600 below your starting balance, and it only moves up as your end-of-day wallet balance reaches new highs. It never moves down, and it’s capped at $10K.\ \- During the day, we track your Account Value (realized + unrealized PnL). If your Account Value drops below your MLL, your account will be flagged as failed.
Why are there Eligibility Targets? Before we give you a real trade fund to manage, we need to ensure that you have proven skills and discipline for trading. These targets ensure you're not only profitable, but consistent and actively managing risk — the same qualities needed to manage a live trading fund.
Tell me more about the Consistency Target. The Consistency Target makes sure your profits come from steady trading, not just one lucky day. In simple terms: your best day’s profit must be no more than 50% of your total realized profit. This helps demonstrate you can repeat results — a key trait top trading firms look for.\ \ How to check:\ Extra profit needed additional to Profit Target = (Best Day ÷ 50%) − Profit Target\ If the results is ≤ 0, you’re safe.\ \ Example — Standard Plan with $10K Capital:\ Assume Profit Target is $3,000.\ \ 1\. BD = $200, rPNL = $200\ \- Consistency = 100% (200 ÷ 200)\ \- Extra profit needed = 0 (200 ÷ 50％ − 3,000) → ✅ Safe!\ \ 2\. BD = $4,000, rPnL = $4,000\ \- Consistency = 100% (4,000 ÷ 4,000)\ \- Extra profit needed= $5,000 (4,000 ÷ 50% − 3,000) → Earn this much more after meeting Profit Target to qualify\ \ 3\. BD = $4,000, rPnL = $7,500\ \- Consistency = 53.3% (4,000 ÷ 7,500)\ \- Extra profit needed = $5,000 (4,000 ÷ 50% − 3,000) → Since you already hit $7,500, only $500 more is required.
What is considered a Trading Day? Any type of trading activity, such as closing or opening positions would count towards accumulating the trading day (day starts at UTC). Holding an active position does NOT count.
What should I do once I hit all the Eligibility Targets? If you have active positions, you should close them while still mainitaing the targets to keep eligibility. Stop trading afterwards. We will review your account and reachout regarding next steps.
Do I get the trade fund once my account is reviewed? In order to make sure your account is ready for the Trade Fund, you will: 1. Receive an email with a link to a Verification Form you must fill it out. 2. Once the submission is reviewed, with no further followups needed, you will receive the next email with detailing the social sharing to celebrate becoming a funded account on AceTrader. 3. After the X post is confirmed, we will assign your Trade Fund.
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