Account Size — The starting balance of your funded account (50K, 100K, 150K).
Buffer — On Pro funded accounts, the profit level you must reach ($52,100 / $103,100 / $154,600) before your profits become withdrawable. Equal to your max drawdown + $100 above your starting balance.
Consistency Rule — A rule limiting how much of your total profit can come from a single trading day (Pro funded 30%, Instant 20%, Zero/Pro challenge 50%).
DD (Drawdown) — The decrease from a peak balance. EOD Trailing Drawdown is the maximum allowed.
dxFeed — The institutional market data provider used by MILTRADERS, included with every account.
EOD (End of Day) — The close of the trading session, when daily PnL is calculated.
First Payout Target — On Instant accounts only, the profit goal you must reach before requesting a payout.
Funded Account — A live (simulated) account where your profits are paid out by MILTRADERS.
Mini Contract — A standard-size futures contract (e.g., Mini ES = $50 × index).
Micro Contract — One-tenth the size of a Mini contract — useful for smaller position sizing.
MLL (Maximum Loss Limit) — The liquidation level of your account. On funded accounts, it trails your highest end-of-day balance until it locks permanently at $50,100 / $100,100 / $150,100.
PnL — Profit and Loss.
Profit Split — The percentage of profits the trader keeps. MILTRADERS = 90/10.
Reset — Restarting a Zero or Pro challenge account by paying a reset fee.
Tick — The smallest price movement of a futures contract. Tick Value — The dollar amount of one tick (e.g., $12.50 for Mini ES).
Trade Lock — The point where your drawdown stops trailing and locks permanently ($50,100 / $100,100 / $150,100). On Zero funded accounts, reaching it is also one of the two payout conditions.
Trailing Drawdown — A drawdown limit that follows your highest end-of-day balance (up only) until it locks at a certain threshold.
Volumetrica — The core trading platform at MILTRADERS, available on desktop, web, and mobile. Third-party platforms (DeepMap, DeepChart, ATAS, Quantower) can also be connected.