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Instant Funding - Standard
Updated over 2 weeks ago

Daily Drawdown: 2%


The daily drawdown limit is determined based on your starting balance or equity, whichever is higher at the beginning of the trading day.


Example 1: Starting a New Day with Floating Profits


  • Balance: $100,000.

  • At the end of the previous day, floating profits brought your equity to $101,000.

  • At the start of the new day, the Daily Drawdown is based on the higher value: equity ($101,000).

  • The Daily Drawdown amount is $2,000, so your limit is $99,000.



Example 2: Starting a New Day with Negative Floating Losses


  • Balance: $99,000.

  • At the end of the previous day, floating losses left your equity at $98,000.

  • At the start of the new day, the Daily Drawdown is based on the higher value: balance ($99,000).

  • The Daily Drawdown amount is $2,000, so your limit is $97,000.



Example 3: Starting a New Day with a Balance Below the Drawdown Limit


  • Balance: $100,000.

  • At the end of the previous day, floating profits increased your equity to $103,000.

  • At the start of the new day, the Daily Drawdown is based on the higher value: equity ($103,000).

  • The Daily Drawdown amount is $2,000, setting the limit at $101,000.

  • Since your balance ($100,000) is below this limit, your account would be breached.

  • Tip: Always ensure your balance stays above the new Daily Drawdown limit when carrying floating trades overnight.



Example 4: Starting a New Day with Max Overall Loss Limit Applied


  • Balance: $96,000, with floating equity at $96,500.

  • At the start of the new day, the Daily Drawdown would normally be calculated as $94,500 (equity of $96,500 minus $2,000).

  • However, the Max Overall Loss Limit of 5% trailing applies, which sets the max loss at $95,000.

  • In this case, the Daily Drawdown is adjusted to match the Max Overall Loss Limit: $95,000.



Maximum Drawdown: 5%


The maximum drawdown is set to trail 5% below the highest equity your account has reached. As your equity increases, the drawdown limit adjusts to stay 5% below the new high.


Example 1: Equity Increases, Adjusting the Max Overall Loss


  • Starting balance: $100,000.

  • During trading, your equity increases by 1%, reaching $101,000, setting a new Highest Watermark (HWM).

  • The max overall loss is now calculated as $101,000 - 5% = $96,000.

  • If your equity drops below $96,000, your account will be breached.



Example 2: High Equity Reached During the Day but Closed Lower


  • Starting balance: $100,000.

  • During trading, your equity reaches a new high of $104,000, setting the Highest Watermark (HWM).

  • The max overall loss is updated to $104,000 - 5% = $99,000.

  • However, you close all trades by the end of the day, leaving your equity and balance at $100,000.

  • On the next day, the max overall loss ($99,000) also becomes the daily drawdown limit, meaning your account will breach if equity falls below $99,000.



Example 3: Floating Equity Marks a New HWM but Balance Causes a Breach


  • Starting balance: $100,000.

  • During trading, your floating equity reaches $103,000, marking a new Highest Watermark (HWM) and setting the max overall loss at $103,000 - 5% = $98,000.

  • However, you close all trades by the end of the day, leaving your balance at $98,000.

  • When the new day begins, the max overall loss limit remains at $98,000, which also aligns with the daily drawdown limit for that day.

  • Since your balance is exactly at $98,000, any drop in equity, even by $1, will cause your account to breach.

  • Tip: Always ensure your balance stays above the new drawdown limit when carrying floating profits to avoid breaching the next day.



Minimum Trading Days


7 minimum trading days allows us to better asses your trading style


Profit Threshold


You must achieve at least 0.5% profit on 7 separate trading days. These trading days do not need to be consecutive. For instance, if you trade over 10 days, any 7 of those days that meet the 0.5% profit requirement will count.


How Active Trading Days Are Determined


  • Active trading days are based on the Daily Realized PnL.

  • Daily Realized PnL reflects profits or losses from closed trades on a specific trading day, as it calculates changes in the account balance.

  • Note: The Results column in the Trader Dashboard is based on equity changes, not realized PnL


Withdrawal Threshold: 4%


The account must reach a 4% profit target in order to withdraw profit.


Leverage


  • Forex & commodities= 1:10

  • Crypto & Indices= 1:2


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