How does your absolute drawdown work?
All our funded accounts come with a fixed equity stop out level which is the starting balance – 6%. This is a fixed value and wont trail up nor down and means that any profit made will increase the loss allowance.
Example: On a £10,000 funded account, the equity stop out level is set at £9,400. The account has realised a profit of £800, this means that the total loss allowance is now £600 + 800 = £1,400
Example: On a £10,000 funded account, the equity stop out level is set at £9,400. The account has realised a profit of £800, this means that the total loss allowance is now £600 + 800 = £1,400
Updated on: 12/05/2023