Drawdown rules help ensure traders maintain discipline and manage risk effectively. Breaching these limits can result in account failure, so it’s important to follow them closely.
Daily Drawdown:
2-Step Challenge: 5% of the previous day’s equity.
1-Step Challenge: 3% of the previous day’s equity.
Resets daily at 00:00 UTC.
Breach = account fails immediately.
Overall Drawdown:
2-Step Challenge: Maximum 10%.
1-Step Challenge: Maximum 6%.
Does not reset; this is a fixed limit.
Breach = account fails immediately.
Important Notes:
Any drawdown breach closes all open trades and disables the account.
These rules apply in both evaluation and funded stages.
Maintaining consistent risk management helps you stay within these limits and progress successfully.