What are the drawdown limits?
What is the maximum total drawdown?
Instant Funding
The maximum drawdown at every stage of the instant funding program is 6%.
This is a STATIC DRAWDOWN.
EXAMPLE:
If you are trading the 10K account, your account balance must not fall below $9,400.
One-Step
The maximum drawdown for the One Step program including the evaluation phase is 8%.
This is a RELATIVE DRAWDOWN based on your BALANCE.
EXAMPLE:
If you are trading the 10K account, your account balance must not fall below $9,200.
If you reach an account balance of $10,250, your new minimum account balance would be $9,450.
If you then reach an account balance of $10,900 , your new minimum account balance would be $10,000.
Once your drawdown reaches 10K, it is then locked in place.
If you then have a loss of -$300 , putting your balance at $10,600, your minimum account balance would remain at $10,000.
Two-Step
The maximum drawdown for the challenge phase is 10%.
The maximum drawdown for the verification phase is 5%
The maximum drawdown for all funded stages is 10%.
This is a STATIC DRAWDOWN at all levels.
EXAMPLE:
If you are trading the 10K account, your account balance must not fall below $9,000.
You can see a full run down of the rules for every account we offer:
Two-Step Rules
One-Step Rules
Instant Funding Rules
Updated on: 23/08/2024