General Info
The 10% static max drawdown is a hard limit on the total loss your account can take from the initial starting balance. It doesn’t adjust or trail, it stays fixed.
If you start with a $50,000 account, the maximum drawdown allowed is $5,000 (10% of $50,000). The moment your balance drops to $45,000 or below, the account is in violation and will be closed. It doesn’t matter how high your balance goes during trading.
General Info
The equity-based daily drawdown limits how much your account can lose in a single trading day, based on your starting equity for that day. It's calculated as 5% of your account's equity at the beginning of each trading day.
If you begin the day with $53,000 in equity, your maximum allowed drawdown for the day is $2,650 (5% of $53,000). If your equity falls below $50,350 at any point during the day, your account would be in violation.
The daily drawdown resets every day at 00:00 UTC
General Info
The trailing drawdown moves upward as your account balance increases, locking in your profits while maintaining a limit on how much you can lose. It starts from your initial balance and trails your highest achieved equity by 5% .
For example, with a $50,000 starting balance, your initial trailing drawdown is $47,500. If your equity rises to $55,000, the drawdown moves up to $52,250 (which is 5% below the new high). If your equity then falls below $52,250, your account would be in violation.
General Info
The equity-based daily drawdown limits how much your account can lose in a single trading day, based on your starting equity for that day. It's calculated as 5% of your account's equity at the beginning of each trading day.
If you begin the day with $53,000 in equity, your maximum allowed drawdown for the day is $2,650 (5% of $53,000). If your equity falls below $50,350 at any point during the day, your account would be in violation.
The daily drawdown resets every day at 00:00 UTC