How does your absolute drawdown work?
All our funded accounts come with a fixed equity stop out level which is the starting balance – 8%. 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 $9,200. The account has realised a profit of $800, this means that the total loss allowance is now $800 + $800 = $1,600
Example: On a $10,000 funded account, the equity stop out level is set at $9,200. The account has realised a profit of $800, this means that the total loss allowance is now $800 + $800 = $1,600
Updated on: 04/06/2024