Challenge type | Daily Drawdown | Maximum Drawdown | Floating Drawdown during Challenge | Leverage |
1-Step Challenge | 4.0% | 7.5% | 2.0% soft warning only | Up to 1:100 |
2-Step Challenge | 4.5% | 9.0% | 2.0% soft warning only | Up to 1:100 |
Daily Drawdown and Maximum Drawdown are Hard Breaches. Floating Drawdown during Challenge is a soft warning only.
Related Terms: Sections 6.11, 7.3, 7.4, 7.7.2
