Once a Challenge or Pro account reaches Simulated Funded Status, the 2.0% Floating Drawdown threshold is enforced. A reminder may appear at 1.5%.
A confirmed breach results in one Strike and Reward Payment reduction to 10% for the relevant Payout Cycle. Only one Strike may be issued per trade and instrument combination. Five cumulative Strikes result in permanent account closure.
Related Terms: Section 7.8.3
