The maximum overall loss

The maximum overall drawdown defines the equity threshold below which the account is considered breached. On Mint Vault it is 8% below starting balance. On Mint Precision it is 6%. On Mint Ascend it is 8% (or 10% if you take the optional max-drawdown upgrade add-on).

The trade-off is structural: every Capital Mint Markets product uses a static drawdown rather than a trailing one. The breach level is set on the day the account opens and does not move for the life of the account. A trader who grows the account by 30% retains the full original cushion, rather than seeing the floor track upward to lock in their gains. This is more lenient than the trailing-drawdown architecture used by many prop firms, and it is the most consequential trade-off in our entire product design.

The maximum daily loss

The daily drawdown limits how much an account can lose within a single trading day. On Mint Vault and Mint Precision it is 3% of starting balance. On Mint Ascend it is 4% (or 5% with the optional daily-drawdown upgrade add-on).

The mechanic resets at 5 PM EST each day. The breach level for the following day is calculated by subtracting the fixed daily-loss amount from the equity recorded at the 5 PM reset. The dollar amount of the daily loss never changes — only the reference point updates each day, based on stored equity. This is more forgiving than the variant used by some firms, where the reference point can lock in profitable intra-day highs and produce counter-intuitive breach levels the following day. Our piece on The Anatomy of a Prop Firm Drawdown walks through this mechanic in full.

The floating-loss auto-close

The floating-loss limit is a real-time threshold that monitors the combined unrealised loss across all open positions in the account. When the floating loss reaches 1% of starting balance on Mint Vault, or 2% on Mint Precision and Mint Ascend, the system automatically closes all open positions across all symbols. The account is not breached. The trader can open new positions immediately.

This is unusual in the industry. Most prop firms operate with the drawdown rule as a one-way mechanism — when the trader crosses the line, the account ends. The floating-loss limit is an additional protective layer that intervenes before a breach, costing the trader the unrealised positions open at the moment of intervention but preserving the account. A second floating-loss trigger on the same account closes the account; the first is a protection, not a penalty.

The profit target

Mint Precision requires a 10% profit on the evaluation phase to qualify for funding. Mint Ascend is a two-phase challenge: 8% on phase one, then 5% on phase two. Mint Vault has no profit target — it is an instant-funded account and there is no evaluation phase to pass.

The phase-two target on Mint Ascend is deliberately lower than phase one. This reflects the reality that a trader who has demonstrated 8% on phase one has already shown the firm enough; phase two is about consistency, not about extracting a second high-pressure performance under threat of failure. The combined effective hurdle is meaningfully lower than the single 10% target on Mint Precision, which is why Mint Ascend tends to suit traders who prefer a measured, two-step path to funding.

The minimum trading days

Mint Precision requires a minimum of five active trading days on both the evaluation phase and the funded phase before a payout can be approved. Mint Ascend requires five active trading days per phase. A trading day counts only if the account generates at least 0.25% profit on that day.

This rule exists primarily to protect the trader rather than the firm. A trader who hits their target in two days has not yet demonstrated that the strategy is repeatable; the minimum-days requirement filters for the kind of disciplined trading that survives a funded account over weeks rather than days. There is no maximum number of trading days and no overall time limit. Traders who pass their evaluation in fewer than five days simply continue trading until the threshold is met.

The consistency rule

The consistency rule is the rule that most traders push back on, and it is worth addressing directly. On Mint Precision once funded, no single day's profit can exceed 30% of the total profit accumulated to that point. On Mint Ascend once funded, the same rule applies at 40%. On Mint Vault, an initial 15% applies until the first payout.

Other firms in the market handle this rule very differently. Some firms have no consistency rule at all on their funded accounts. Others apply a stricter version of the rule, with consistency thresholds as low as 15%. Others apply more lenient versions, with thresholds as high as 50%. Our 30% on Mint Precision and 40% on Mint Ascend sit squarely in the middle of the market range. We are not the strictest firm on this rule and we are not the most lenient.

The reason the rule exists, at all, is straightforward. A funded trader generating most of their profit from a single concentrated day is not demonstrating the same kind of repeatable skill as one generating profit across a series of disciplined sessions. Without some structural test of consistency, the firm would routinely pay out traders whose performance was the product of one lucky day rather than a sustainable approach — and the economics of doing so are not stable over the long term, which means the firm could not, in turn, sustain its payouts to all the traders who did demonstrate consistent skill.

Where we drew the line — 30% on Precision, 40% on Ascend — is a deliberate trade-off. A stricter percentage would over-filter, frustrating traders whose strategies legitimately produce uneven profit distributions (news traders, breakout traders, swing traders working in fewer larger positions). A more lenient percentage would under-filter and erode the economics of the payout pipeline. The numbers we chose represent our best read of where to sit in that range. We are open to revisiting them as the data tells us more.

Two practical notes for traders considering us. First, if your trading style genuinely cannot work with a consistency rule — say, your strategy concentrates gains on major news days or event-driven setups — Mint Ascend's 40% may suit you better than Mint Precision's 30%, or another firm without a consistency rule may be a better fit than us. We would rather lose your business to a firm that fits than fund you under terms that frustrate both sides. Second, the consistency rule is checked at payout, not in real time — so a single high day during a profitable week does not breach the account. It simply means continued trading is required to dilute the concentration before the next payout request.

The maximum exposure rule

On funded accounts, the margin used on any single trade idea must not exceed 50% of the account's starting balance. The rule applies per trade idea, not across the whole account; a trader running a hedged position with both directions open is assessed on the combined margin of the two legs.

This rule exists for risk management. It prevents a funded trader from concentrating their entire account into a single position that, if it moves against them, takes the account directly into the floating-loss or maximum-drawdown threshold without any intervening room to manage the trade. Reopening a position on the same pair in the same direction within ten minutes of a losing close is treated as a continuation of the previous trade idea and counts toward the same limit.