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Maximum Drawdown

What is the maximum drawdown?

Written by PS

The Maximum Drawdown is the maximum total loss your account is permitted to incur before it is permanently breached. Depending on the account model, the Maximum Drawdown is calculated as either a static drawdown or a trailing drawdown.

Once your account equity falls below the applicable Maximum Drawdown limit, your account will be permanently closed.


What are the Maximum Drawdown limits?

The Maximum Drawdown limits vary by account model:

Account Model

Maximum Drawdown

2-Step Model

10% Static

1-Step Model

6% Static

Instant Funding

5% Trailing

Fast Track Account

Phase 1: 5% Static, Funded: 5% Trailing


What is a Static Maximum Drawdown?

A Static Maximum Drawdown is calculated from your initial account balance and does not change, regardless of whether your account gains or loses value.

Example (2-Step Model – $100,000 Account)

  • Initial Balance: $100,000

  • Maximum Drawdown: 10%

  • Maximum Loss Allowed: $10,000

  • Minimum Equity Allowed: $90,000

Even if your account grows to $120,000, your Maximum Drawdown remains fixed at $90,000.


How does the 1-Step Model Maximum Drawdown work?

The 1-Step Model uses a 6% Static Maximum Drawdown.

Example ($100,000 Account)

  • Initial Balance: $100,000

  • Maximum Drawdown: 6%

  • Maximum Loss Allowed: $6,000

  • Minimum Equity Allowed: $94,000

This drawdown level remains fixed for the life of the account.


What is a Trailing Maximum Drawdown?

A Trailing Maximum Drawdown moves upward as your account reaches a new highest balance or equity levels. It never moves downward if your account balance decreases.

Example (Instant Funding – $100,000 Account)

  • Initial Balance: $100,000

  • Maximum Drawdown: 5% Trailing

  • Initial Minimum Equity: $95,000

If your account grows to $108,000, the drawdown threshold automatically moves to:

  • Highest Balance/Equity: $108,000

  • 5% Trailing Drawdown: $102,600

If your account later drops from $108,000 to $105,000, the drawdown threshold remains at $102,600. It does not move back down.


How does the Fast Track Account Maximum Drawdown work?

The Fast Track Account uses different Maximum Drawdown methods depending on the account stage.

Phase 1

  • Uses a 5% Static Maximum Drawdown.

Example ($100,000 Account)

  • Initial Balance: $100,000

  • Minimum Equity Allowed: $95,000

The drawdown level remains fixed throughout the evaluation phase.

Funded Stage

Once funded, the account switches to a 5% Trailing Maximum Drawdown.

The drawdown threshold will increase as your account reaches new highs but will never decrease.


What happens if I exceed the Maximum Drawdown?

If your account equity falls below the applicable Maximum Drawdown threshold at any time, your account will incur a hard breach and be permanently closed.

Example

  • Account Size: $100,000

  • Maximum Drawdown: 10% Static

  • Minimum Equity Allowed: $90,000

If your account equity falls to $89,900, the Maximum Drawdown has been breached, resulting in permanent account termination.


What is the difference between Static and Trailing Drawdown?

Static Drawdown

  • Calculated from your initial account balance.

  • Never changes during the life of the account.

Trailing Drawdown

  • Calculated from the highest balance or equity your account has achieved.

  • Moves upward as your account grows.

  • Never moves downward, even if your account balance decreases afterwards.


Important Notice

A Maximum Drawdown breach occurs when your account equity falls below the applicable Maximum Drawdown threshold. If this happens, all open positions will be automatically closed by our risk management system, and the account will be permanently terminated. This action is automatic and cannot be reversed.

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