How do the Drawdowns Work?

In Phases 1, 2 & 3

Your daily and overall drawdown limits are fixed. For example, if you start with a $10,000 normal challenge, your daily drawdown limit is 10% ($1,000), meaning you cannot lose $1,000 or more in a single day. Your overall drawdown limit is 15% ($1,500), meaning your account cannot reach $8,500 at any given point. These values remain constant and do not change, regardless of any profit you make during these phases.

In the Funded Stage (phase 3)

Your drawdown limits are still based on the same percentages. However, you have the option to roll over your profits every 30 days and pad your drawdowns. For instance, if you start with a $10,000 normal challenge and make a $1,000 profit and choose to rollover these profits, increasing your balance to $11,000, your daily drawdown limit will increase to $1,100 (10%), and your overall drawdown limit will increase to $1,650 (15%). This means you can not dip your account to or below $9,350. This adjustment ensures that your drawdown limits remain proportional to your account balance, allowing for more flexibility as you trade.