Maximum Daily Drawdown: 2%
Maximum 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
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
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
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
Example 4: Starting a New Day with Max Overall Loss Limit Applied
Balance: $96,500, with floating equity at $97,000.
At the start of the new day, the Daily Drawdown would normally be calculated as $95,000 (equity of $97,000 minus $2,000).
However, the Max Overall Loss Limit of 4% trailing applies, which sets the max loss at $96,000.
In this case, the Daily Drawdown is adjusted to match the Max Overall Loss Limit: $96,000.
Maximum Drawdown: 4%
Maximum Drawdown: 4%
The maximum drawdown is a static 4%, calculated based on your starting balance. Unlike a trailing drawdown, the limit does not adjust upward as your equity increases. This ensures the drawdown amount remains fixed throughout your trading journey.
Example 1: Static Drawdown Remains Fixed
Example 1: Static Drawdown Remains Fixed
Starting balance: $100,000.
The maximum drawdown is set at 4% of the starting balance = $96,000.
Even if your equity increases to $103,000, the max drawdown remains fixed at $96,000.
If equity drops below $96,000, your account will be breached.
Minimum Trading Days
Minimum Trading Days
7 minimum profitable trading days allows us to better asses your trading style
Profit Threshold:
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:
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
Minimum Withdrawal Threshold: 5%
Minimum Withdrawal Threshold: 5%
The account must reach a 5% profit target in order to withdraw profit.
Leverage
Leverage
Forex & commodities= 1:30
Crypto & Indices= 1:2
Consistency rule: 30%
Consistency rule: 30%
This means that your biggest winning day can’t exceed 30% of your total profits. You can continue trading until you meet the 30% consistency score.