2-Step: Drawdown - Max & Daily

Maximum Drawdown:

• Fixed at 10% of the initial account balance across all phases.
• For a $100,000 account, the maximum drawdown is $10,000, regardless of profits made.
  
  

Daily Drawdown:

• Set at 4% of the initial account balance, irrespective of current profits or losses.
• For a $100,000 account, the daily drawdown is $4,000 at all times.
• Resets daily at 22:00 UTC (or 21:00 UTC during daylight saving time adjustments where applicable).
  
  

Drawdown Policy:

• The drawdown is static and based on the initial balance.
• A hard breach occurs if:
  • The account balance or equity drops 4% ($4,000 on a $100K account) at any time before the reset time.
  • The account balance or equity drops 10% ($10,000 on a $100K account) from the initial starting balance.