On Instant Funding accounts, the Floating Drawdown threshold is 1.5% of the Initial Account Balance. A Dashboard or platform reminder may appear at 1.0%.
The first confirmed Floating Drawdown breach results in a Formal Warning only. From the second confirmed breach onward, each separate qualifying event results in one Strike and Reward Payment reduction to 10% for the relevant Payout Cycle.
Related Terms: Section 7.8.1