We offer a maximum drawdown limit of 10%. This means that from the moment you open your account, you can lose up to 10% of your starting balance before reaching the max drawdown limit.
For example:
If you start with a $100k account, your maximum drawdown allowance would be $10,000. Your account would be in violation if your balance falls below $90k ($100k – $10k).
Even if you grow your account to $105k, your maximum drawdown remains at $90k, as it is always calculated from the starting balance.