Account Type | Type of Limit | Personal Limit |
Standard PRO | Static | 10% |
Swing PRO | Static | 10% |
Standard EXPERT | Static | 8% |
Swing EXPERT | Static | 8% |
You are not allowed to lose more than 8% of your initial account balance.
If your realized profits increase, your maximum drawdown limit will increase accordingly.
Max Drawdown Limit = Initial Balance - (Realized + Unrealized P/L)
If you violate this rule, you will be permanently restricted from opening new trades and will receive an email notification. Your account will be terminated.
Examples:
Example #1: You have an Expert account with $100,000 starting balance.
The total maximum drawdown allowed is $8,000 (8%).
If you end the day with a $1,000 loss, your new max drawdown limit becomes $7,000.
Example #2: You have an Expert account with $100,000 starting balance.
If you end the day with a $1,000 profit, your new max drawdown limit becomes $9,000.