Does Shark Futures Have a Daily Loss Limit?
The Simple Answer
Only on Basic Plus accounts. Basic and PRO funded accounts have no daily loss limit at all, and risk is managed entirely through the end-of-day trailing drawdown. Basic Plus accounts carry both, and breaching either one fails the account.
Below is a breakdown of how the Shark Futures daily loss limit applies across every account type the firm offers.
Daily Loss Limit by Account Type
Breakdown by Account Type
Basic accounts
Basic accounts have no daily loss limit. Shark states plainly that risk is managed entirely through the end-of-day trailing drawdown, which is $1,000 on the 25K, $2,000 on the 50K, $3,000 on the 100K and $4,500 on the 150K. Nothing stops you part way through a session; the only question is whether the day takes you through your floor.
Basic Plus accounts
Basic Plus is the variant that adds a daily loss limit on top of the trailing drawdown, and Shark is clear that breaching either one fails the account. The daily figures are $600 on the 25K, $1,250 on the 50K, $2,500 on the 100K and $3,750 on the 150K. Note that the trailing drawdown is also larger on the two bigger Basic Plus sizes than on the equivalent Basic account, $3,500 rather than $3,000 on the 100K and $5,000 rather than $4,500 on the 150K, so you are trading a daily cap for more total room.
PRO Funded accounts
PRO funded accounts use the same end-of-day trailing drawdown structure as Basic, $1,000, $2,000, $3,000 and $4,500 by size, and Shark states there is no daily loss limit on funded accounts.
How the trailing floor works
Across all three account types the drawdown floor is based on your highest end-of-day balance, not your intraday peak, so it trails upward as your balance grows and never moves down. Shark gives its own example: start at $50,000, close Day 1 at $52,000, and your floor becomes $50,000. Once the floor reaches your starting balance it locks there permanently, which means you can never be stopped out from profit alone.
The intraday equity catch
One detail that surprises traders: your maximum drawdown allowance applies to intraday equity, not just the end-of-day close. Shark spells it out with a $50K example on a $2,000 drawdown. If equity drops to $47,200 at any point during the day, that is a breach even if the account closes at $50,500.
Final Comments
Whichever platform you trade on, the account rules follow you. Shark confirms the trailing drawdown, the Basic Plus daily loss limit, the consistency rule, the 4:15 PM EST close and your contract limits all apply identically on Volumetrica, TradeSea, DeepCharts Web, Quantower and ATAS.
A daily loss limit is the rule most traders breach first, usually on a day they were already losing. Know your number before the session starts, and check it against your own platform rather than assuming the firm will stop you in time.
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FAQ
Does Shark Futures have a daily loss limit?
Only on Basic Plus accounts. Basic and PRO funded accounts have no daily loss limit at all, and risk is managed entirely through the end-of-day trailing drawdown. Basic Plus accounts carry both, and breaching either one fails the account.
What is the daily loss limit on a Basic 25K account?
No daily loss limit ($1,000 EOD trailing drawdown). Basic accounts have no daily loss limit. Shark states plainly that risk is managed entirely through the end-of-day trailing drawdown, which is $1,000 on the 25K, $2,000 on the 50K, $3,000 on the 100K and $4,500 on the 150K.
What is the daily loss limit on a Basic 50K account?
No daily loss limit ($2,000 EOD trailing drawdown). Basic Plus is the variant that adds a daily loss limit on top of the trailing drawdown, and Shark is clear that breaching either one fails the account. The daily figures are $600 on the 25K, $1,250 on the 50K, $2,500 on the 100K and $3,750 on the 150K.
What happens if I hit the Shark Futures daily loss limit?
One detail that surprises traders: your maximum drawdown allowance applies to intraday equity, not just the end-of-day close. Shark spells it out with a $50K example on a $2,000 drawdown. If equity drops to $47,200 at any point during the day, that is a breach even if the account closes at $50,500.
How can I track my Shark Futures daily loss during the session?
Most futures platforms show realised and unrealised profit and loss live, and commissions usually count toward the limit. Set your own alert well before the number rather than trusting the platform to stop you at it.
