Daily Drawdown: Reset every day at 17:00 New York time, based on the previous day’s closing balance. This means your daily limit doesn’t shrink intraday when your equity goes up, and you always know your exact limit for the session.
Maximum Drawdown: Fixed against your initial starting balance. It does not trail to new equity highs, so your maximum limit is locked from day one.
Why this matters: Many firms use trailing equity drawdowns, which move upward as your balance grows, leaving no room to breathe. At Finotive, your limits are clear, simple, and static — giving you full control.
Benefits for you:
No risk of hidden trailing limits eating into your profits.
Transparent, predictable rules that are easy to track.
More freedom to trade and grow your account without worrying about trailing equity stops.
Fairer conditions compared to firms with aggressive trailing systems.