On Instant Funding accounts, Floating Drawdown is measured on a combined basis per symbol. The threshold is 1.5% of the Initial Account Balance, with an early reminder at 1.0%.
The first confirmed 1.5% breach gives a Formal Warning only. After that, each separate qualifying event may result in 1 Strike and payout reduction to 10%.
Example: on a $100,000 Instant account, $1,000 combined unrealised loss on one symbol may trigger an early reminder. $1,500 may trigger the first Formal Warning. A later separate qualifying breach can create a Strike.
Related Terms: Section 7.7.1
