Leveraged Trading Rules Explained: Drawdown, Consistency and News Trading

You can set a stop-loss on every trade and still breach a prop firm account. At Leveraged (getleveraged.com), also known as GetLeveraged, a proprietary trading firm that runs simulated trading evaluations, that happens because the daily loss limit counts losses on open trades, and it is one of four rules every trader there needs to understand: the daily loss limit, a maximum drawdown, a 20% consistency rule on funded accounts, and a ban on trading in the five minutes either side of high-impact news.

This guide explains each rule with a worked example, so you know exactly where the limits are before your first trade.

What are the Leveraged prop firm’s rules for each program?

Leveraged currently runs five main programs. The table shows the evaluation rules for each, according to Leveraged’s program pages and FAQ.

None of these programs has a time limit to pass. Positions can be held overnight and over the weekend on every program, according to Leveraged’s guide to its challenge types. The full terms for each program are in the Leveraged FAQ.

How does the Leveraged daily loss limit work?

The daily loss limit caps how much an account can lose in one trading day. Leveraged measures it from the higher of the account’s balance or equity at the daily reset, and equity includes open positions. That second point causes most surprises.

A worked example on a $100,000 Leveraged Turbo account:

• The daily limit is 3%, so the account can lose $3,000 from its reference point that day.
• A trader opens three positions, each with a stop-loss $1,500 away.
• The market moves against all three at once. Their combined floating loss reaches $3,000 before any stop is hit.
• The daily limit is breached at that moment, even though no single stop-loss was triggered.

Two practical points follow. A stop-loss limits each trade, but the daily limit applies to the account as a whole, so traders should add up the risk on all open positions. And in fast markets a stop-loss order does not guarantee execution at the exact price specified, so a margin below the limit is safer than trading right up to it. The rule is set out in Leveraged’s daily drawdown FAQ.

How does the Leveraged trailing drawdown work?

On Leveraged Turbo, Leveraged ONE and the Crypto program, the 6% maximum loss trails the account’s highest closed balance. When the balance reaches a new high, the loss limit moves up with it. Once the account is 6% above its starting balance, the limit locks at the starting balance and stops moving.

A worked example on a $100,000 account:

• At the start, the account fails if it falls below $94,000.
• The trader closes trades that take the balance to $103,000. The limit moves up to $97,000.
• The balance reaches $106,000. The limit moves to $100,000 and locks there.
• From then on, the account fails only if it falls below its $100,000 starting balance, however high the balance goes.

Sprint and Executive use a static limit instead, measured from the starting balance throughout. Details are in Leveraged’s trailing drawdown FAQ.

What is the Leveraged consistency rule?

On funded Leveraged Turbo, Leveraged ONE and Crypto accounts, a trader’s best single day cannot be more than 20% of their total profit when they request a payout. The rule applies to reward requests, not to passing the evaluation, and Sprint and Executive reward accounts do not have it.

A worked example:

• A trader’s total profit on a funded account is $4,000, and their best day made $1,000.
• That best day is 25% of total profit, above the 20% limit, so the payout request is not yet eligible.
• The trader keeps trading. Once total profit reaches $5,000 with the same $1,000 best day, the best day is exactly 20% and the request can go ahead.

The account is not breached when the ratio is above 20%. The trader simply keeps trading until it falls. The rule is explained in Leveraged’s consistency rule FAQ.

What counts as a profitable trading day at Leveraged?

Before a payout, funded Leveraged Turbo, Leveraged ONE and Crypto accounts need at least three profitable trading days. A day counts if it closes with a profit of at least 0.5% of the initial account balance, which is $500 on a $100,000 account. The definition is on Leveraged’s profitable trading day page.

Can you trade the news at Leveraged?

On every program except Leveraged Sprint, traders cannot open, increase, or fully or partially close a position in the five minutes before or after a high-impact news release, and pending orders count too. A position opened earlier can stay open through the release. Leveraged Sprint is the exception and allows news trading. The rule is set out in Leveraged’s news trading FAQ.

Which trading practices are prohibited at Leveraged?

Leveraged publishes a list of prohibited practices, including martingale and grid strategies and hedging across different prop firms. Very short holding times can also be reviewed. The full list is on Leveraged’s prohibited practices page, alongside a page on what is allowed.

[Leveraged to confirm: plain-language definitions of tick scalping, latency arbitrage and toxic flow, with the date each rule was published.]

Traders who use automated strategies, copy trading or a strategy that worked at another firm should check these pages first. A strategy accepted elsewhere is not automatically allowed at Leveraged.

Is there an inactivity rule at Leveraged?

Yes. An account with no trading activity for 30 days is closed, according to Leveraged’s inactivity rule. The absence of a time limit to pass does not mean an account can be left untouched indefinitely.

How do the rules affect payouts?

A funded Leveraged account can request its first reward once it meets its program’s conditions. On Leveraged Turbo and Crypto, the first request can be made 14 calendar days after funded trading starts, with three profitable days and a consistency score below 20%. Leveraged Sprint allows the first reward on demand. Leveraged reviews each request against the program rules, and approved rewards are typically processed within 48 hours. Payout terms are on Leveraged’s rewards and reward share page.

Passing an evaluation does not guarantee future payouts, and trading profits are never guaranteed. Knowing the rules before trading is the most reliable way to avoid a breach or a delayed payout.

Frequently asked questions about Leveraged’s rules

What are GetLeveraged’s trading rules?

GetLeveraged and Leveraged are the same prop firm. Its main rules are a daily loss limit measured on equity, a maximum drawdown (trailing on Turbo, ONE and Crypto, static on Sprint and Executive), a 20% consistency rule on funded Turbo, ONE and Crypto accounts, and a five-minute news window on every program except Sprint.

Does a stop-loss protect me from breaching the daily limit?

Not on its own. The daily limit counts floating losses on all open positions together, so several trades can breach it before any single stop is hit. Stops can also fill at a worse price in fast markets.

Does the consistency rule apply during the evaluation?

No. The 20% consistency rule applies when a funded Leveraged Turbo, Leveraged ONE or Crypto trader requests a payout. It does not apply to passing the evaluation, and Sprint and Executive reward accounts do not have it.

Can I hold trades over the weekend at Leveraged?

Yes. Leveraged allows overnight and weekend holding on all its challenge types.

Is there a time limit to pass a Leveraged evaluation?

No. None of Leveraged’s main programs has a time limit to pass, but an account with no trades for 30 days is closed.