The account in one table
| Account size | $300,000 |
| Maximum drawdown | $7,500 |
| Drawdown type | intraday trailing |
| Daily loss limit | not in the preset |
| Profit target | $20,000 |
| Consistency rule | 30% |
| Minimum trading days | 1 |
| Trailing stops at | $300,100 |
Typical values for this account, editable in Propbook. Firms revise their terms — check yours.
What those numbers actually mean
| Daily loss limit | none — a single session can take all $7,500 |
| Target as a share of the drawdown | 267% |
| Green days needed at $1,125 a day | 18 |
| Largest day allowed once the target is reached | $6,000 |
| Minimum trading days | 1 |
How many contracts this account allows
| Contract | Per point | 10-pt stop | 20-pt stop | 40-pt stop |
|---|---|---|---|---|
| MNQ | $2 | 37 | 18 | 9 |
| MES | $5 | 15 | 7 | 3 |
| MGC | $10 | 7 | 3 | 1 |
| NQ | $20 | 3 | 1 | 0 |
Contracts a risk budget of $750 per trade allows — 10% of the $7,500 drawdown. Round down, never up.
The mistake that kills 300K accounts is sizing against the balance instead of the rule. $3,000 is 1% of this account — and 40% of everything you are actually allowed to lose.
The one thing to watch
Your drawdown line follows your highest unrealised equity. A trade that runs $1,500 in your favour and closes flat still costs you $1,500 of cushion — permanently. Open profit is real money to this rule.
And the consistency rule: once you reach $20,000, no single day may exceed $6,000 or the payout waits. It is checked when you ask for the money, not when you take the trade.
Track this account free
Pick Apex 300K from the presets and Propbook keeps the room left, the daily limit and the target live — and pings you on Telegram before a limit is crossed.
Open Propbook →Apex 300K — FAQ
What is the maximum drawdown on a Apex 300K account?
$7,500, measured as intraday trailing — it follows your highest unrealised equity, and it stops moving once it reaches $300,100.
What is the daily loss limit?
Propbook's preset for this account carries no daily loss limit, which means a single bad session can consume the whole $7,500. Your own daily stop is the only one that exists — set one.
What is the profit target?
$20,000, or 267% of the drawdown you are given.
How many contracts should I trade on a 300K account?
Fewer than you think. With a risk budget of $750 per trade, a 20-point MNQ stop allows 18 contract(s). One NQ instead of MNQ multiplies that risk by ten.
Does Propbook track this account automatically?
Yes — pick Apex 300K from the presets and the drawdown type, maximum loss, consistency rule and target fill themselves in. It is free, with no account limit.