What is the Maximum Daily Drawdown?

M
Mariyam
Updated Oct 25, 20261 min read
  • Maximum Daily Drawdown is 4% of your Initial Account Balance on 1-Step and 2-Step accounts (Challenge and Funded) and on Flex, and 3% on Instant accounts.
  • It counts closed trades and floating losses on open trades for the day.
  • It resets at 00:00 UTC, dashboard time.
  • Breaching this limit results in immediate, permanent account termination, even if the account later recovers.

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