Maximum Drawdown is the maximum total loss permitted from the Initial Account Balance. It is static, which means it does not move up when the account makes profit.
Open equity and floating losses are included. A Maximum Drawdown breach is a Hard Breach and causes immediate permanent account closure with no warning and no Strike.
Account type | Maximum Drawdown |
1-Step Challenge | 7.5% |
2-Step Challenge | 9.0% |
1-Step Pro | 8.0% |
2-Step Pro | 10.0% |
Instant Funding Standard | 7.0% |
Instant Funding Lite | 6.0% |
Related Terms: Section 7.4
