FAQ

Maximum drawdown is the largest loss your account can sustain before breaching its limit. When you open an account, the maximum drawdown is set at 10% of your starting balance. This 10% is static and does not adjust as your account balance increases.

Example 1:
If your starting balance is $100,000, the maximum amount you can lose is $10,000. This means that if your balance falls to $90,000 or less, you will have violated the maximum drawdown rule.

Example 2:
If you increase your account balance to $105,000, the maximum drawdown level remains at $90,000. However, you must also adhere to the daily drawdown limit of 5%, which, in this case, is $99,750. Breaching this daily limit will result in losing the account.

The Daily Loss Limit is the maximum amount your account can lose in a single day. It is calculated using the balance from the previous day, which resets at 00:00 server time, which is GMT+2 or GMT+3. Unlike other firms, we base our calculations solely on the previous day’s balance, not equity. This balance-only model allows you to maximize your gains without risking your account. The daily stop adjusts as your balance increases.

Example 1:
If your balance at the end of the previous day (23:50 GMT+2 or GMT+3) was $100,000, your account would exceed the Daily Loss Limit if your equity dropped to $95,000 during the day.

Example 2:
If your floating equity is +$6,000 on a $100,000 account, your maximum loss for the new day (23:50 GMT+2 or GMT+3) is still based on the previous day’s balance of $100,000. Therefore, your Daily Loss Limit remains at $95,000.

Example 3:
If you make a $5,000 profit on a $100,000 account, your maximum daily loss for the new day (23:50 GMT+2 or GMT+3) will be based on the updated balance of $105,000 from the previous day. Consequently, your Daily Loss Limit would be $99,750.

Achieve 10% balance growth in Phase 1 and 5% balance growth in Phase 2 within 360 days (180 days per phase). Ensure you do not breach the 5% daily loss limit or the 10% maximum drawdown.

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