2-Step FX accounts have a static max. drawdown of 10%. This is a fixed percentage of your starting balance. It never moves up, no matter how high your balance grows. If your equity drops below this level, the account is breached.
Example: A $100,000 account with a 10% max. drawdown has a floor at $90,000. If your equity drops to $90,000 or below at any point, the account is breached.
1-Step accounts have an End-of-Day (EoD) trailing max. drawdown of 5%. The drawdown floor starts below your initial balance. At the end of each day (UTC 0000), it only trails up if your account has reached a new highest recorded equity or balance. It never moves down. Once the floor reaches +2% above your initial balance, it stops trailing and becomes fixed.
Example 1: Starting balance = $100,000, EoD trailing max. drawdown = $5,000. Your floor starts at $95,000. After a few days your account closes at $104,000 at UTC 0000, a new reference high, so the floor moves up to $99,000. Your account then dips to $101,000 during the next day. No breach, since $101,000 is above $99,000.
Example 2: Same account. Over time your equity reaches $108,000 at end of day, a new reference high. The ceiling for the floor is +2% of initial balance = $102,000. The drawdown floor locks at $102,000 and never trails higher. If your equity later drops to $101,990, which is below the $102,000 floor, then account is breached.
Example 3: Starting balance = $50,000, max. drawdown = $2,500. Your floor starts at $47,500. On Day 1 your account closes at $51,000 at UTC 0000, a new reference high, so the floor moves to $48,500. On Day 2 your account drops to $49,500 at end of day. This is not a new high, so the floor stays at $48,500. On Day 3 your account closes at $52,500, a new reference high, so the floor moves up to $50,000. The ceiling is +2% of initial balance = $51,000. The floor will keep trailing until it reaches $51,000, then it locks permanently.
Legacy Futures accounts have an End-of-Day (EoD) trailing max. drawdown of 3%. The drawdown floor starts below your initial balance. At the end of each day (UTC 0000), it only trails up if your account has reached a new highest recorded equity or balance. It never moves down. Once the floor reaches +2% above your initial balance, it stops trailing and becomes fixed.
Example 1: Starting balance = $100,000, EoD trailing max. drawdown = $3,000. Your floor starts at $97,000. Your account closes at $104,000 at UTC 0000, a new reference high, so the floor moves up to $101,000. The ceiling for the floor is +2% of initial balance = $102,000, so the floor can trail up to that point and no further.
Example 2: Same account. Over time your equity reaches $110,000 at end of day, a new reference high. The floor moves to the ceiling, +2% of initial balance = $102,000, and locks there permanently. If your equity later drops to $101,990, which is below the $102,000 floor, then account is breached.
Example 3: Starting balance = $50,000, max. drawdown = $1,500. Your floor starts at $48,500. On Day 1 your account closes at $51,000 at UTC 0000, a new reference high, so the floor moves to $49,500. On Day 2 your account drops to $49,700 at end of day. This is not a new high, so the floor stays at $49,500. On Day 3 your account closes at $52,000, a new reference high, so the floor moves up to $50,500. The ceiling is +2% of initial balance = $51,000. The floor will keep trailing until it reaches $51,000, then it locks permanently.
3% · EoD trailing
Standard
Standard Futures accounts have an End-of-Day (EoD) trailing max. drawdown of 3%. The drawdown floor starts below your initial balance. At the end of each day (UTC 0000), it only trails up if your account has reached a new highest recorded equity or balance. It never moves down. Once the floor reaches your initial balance (0% ceiling above it), it stops trailing and becomes fixed.
Example: Starting balance = $100,000, EoD trailing max. drawdown = $3,000. Your floor starts at $97,000. Your account closes at $101,000 at UTC 0000, a new reference high, so the floor moves up to $98,000. Your account later closes at $103,000, another new high, so the floor moves to $100,000, the ceiling, and locks there permanently. Once locked, the floor never moves again even if your balance grows further.
Premium Futures accounts have an End-of-Day (EoD) trailing max. drawdown of 4%. The drawdown floor starts below your initial balance. At the end of each day (UTC 0000), it only trails up if your account has reached a new highest recorded equity or balance. It never moves down. Once the floor reaches your initial balance (0% ceiling above it), it stops trailing and becomes fixed.
Example: Starting balance = $100,000, EoD trailing max. drawdown = $4,000. Your floor starts at $96,000. Your account closes at $101,000 at UTC 0000, a new reference high, so the floor moves up to $97,000. Your account later closes at $104,000, another new high, so the floor moves to $100,000, the ceiling, and locks there permanently.
Instant funded accounts have an End-of-Day (EoD) trailing max. drawdown of 5%. The drawdown floor starts below your initial balance. At the end of each day (UTC 0000), it only trails up if your account has reached a new highest recorded equity or balance. It never moves down. Once the floor reaches +2% above your initial balance, it stops trailing and becomes fixed.
Example 1: Starting balance = $100,000, EoD trailing max. drawdown = $5,000. Your floor starts at $95,000. After a few days your account closes at $104,000 at UTC 0000, a new reference high, so the floor moves up to $99,000. Your account then dips to $101,000 during the next day. No breach, since $101,000 is above $99,000.
Example 2: Same account. Over time your equity reaches $108,000 at end of day, a new reference high. The ceiling for the floor is +2% of initial balance = $102,000. The drawdown floor locks at $102,000 and never trails higher. If your equity later drops to $101,990, which is below the $102,000 floor, then account is breached.
Example 3: Starting balance = $50,000, max. drawdown = $2,500. Your floor starts at $47,500. On Day 1 your account closes at $51,000 at UTC 0000, a new reference high, so the floor moves to $48,500. On Day 2 your account drops to $49,500 at end of day. This is not a new high, so the floor stays at $48,500. On Day 3 your account closes at $52,500, a new reference high, so the floor moves up to $50,000. The ceiling is +2% of initial balance = $51,000. The floor will keep trailing until it reaches $51,000, then it locks permanently.
Shield Protection: to reward consistent performance, your account receives an additional 0.5% drawdown shield for every 4th qualifying reward claimed, where a qualifying reward is a reward of at least $50 or 2% of the initial account balance, whichever is greater. The shield is added to your Maximum Drawdown allowance and can accumulate up to a maximum of 2% additional drawdown protection, creating a gradual buffer before a drawdown breach can occur.
Example: A trader starts with a 5% Maximum Drawdown allowance. After claiming their 4th qualifying reward, their drawdown allowance increases to 5.5%. After the 8th, 12th, and 16th qualifying rewards, it increases to 6.0%, 6.5%, and 7.0% respectively, reaching the maximum Shield Protection of +2%.