The account in one table
| Account size | $150,000 |
| Maximum drawdown | $4,500 |
| Drawdown type | end-of-day trailing |
| Daily loss limit | $3,000 |
| Profit target | $9,000 |
| Consistency rule | 50% |
| Minimum trading days | 5 |
| Trailing stops at | $150,000 |
Typical values for this account, editable in Propbook. Firms revise their terms — check yours.
What those numbers actually mean
| Maximum losing days before the account is gone | 1.5 |
| One full daily loss, as a share of your drawdown | 67% |
| Target as a share of the drawdown | 200% |
| Green days needed at $675 a day | 14 |
| Largest day allowed once the target is reached | $4,500 |
| Minimum trading days | 5 |
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 — a quarter of the $3,000 daily loss limit. Round down, never up.
The mistake that kills 150K accounts is sizing against the balance instead of the rule. $1,500 is 1% of this account — and 33% of everything you are actually allowed to lose.
The one thing to watch
Your drawdown line follows your closing balance, so intraday swings cost you nothing in cushion. What it does mean: every new equity high at the close raises the floor under you, and it keeps rising until it reaches $150,000.
And the consistency rule: once you reach $9,000, no single day may exceed $4,500 or the payout waits. It is checked when you ask for the money, not when you take the trade.
Track this account free
Pick Topstep 150K 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 →Topstep 150K — FAQ
What is the maximum drawdown on a Topstep 150K account?
$4,500, measured as end-of-day trailing — it follows your closing balance, and it stops moving once it reaches $150,000.
What is the daily loss limit?
$3,000, which is 67% of your total drawdown — so 1.5 maximum losing days would end the account.
What is the profit target?
$9,000, or 200% of the drawdown you are given.
How many contracts should I trade on a 150K 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 Topstep 150K from the presets and the drawdown type, maximum loss, daily limit, consistency rule and target fill themselves in. It is free, with no account limit.