The Daily Drawdown is capped at 3% of your account’s balance or equity at rollover—whichever is higher. It resets every day at midnight (MT5 server time – GMT+2 or GMT+3 depending on Daylight Saving Time).
This limit ensures that your equity does not fall by more than 3% in a single trading day, promoting consistent risk management.
The drawdown is based on a static model, meaning it recalculates daily using your updated balance or equity at rollover.
Example:
- Day 1 Rollover Balance: $120,000
→ Daily Drawdown (3%) = $3,600
→ Equity must not fall below $116,400 that day. - Day 2 Rollover Balance: $130,000
→ Daily Drawdown (3%) = $3,900
→ New equity limit = $126,100
This approach ensures fairness and consistency across all trading days.
The Max Drawdown is set at 6% of your initial account balance and remains fixed throughout the Challenge phase.
This means your account equity must not fall below this threshold at any point. Breaching either the daily drawdown or the absolute drawdown will result in account termination.
Example:
- Initial Account Balance: $120,000
- Absolute Drawdown (6%): $7,200
→ Your account will be closed if equity drops below $112,800 at any time.
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