What is the maximum drawdown?

Step 1 Evaluation Phase: The maximum drawdown limit is 7% based on the initial equity balance for all plans.

Step 2 Evaluation Phase: The maximum drawdown limit is 10% based on the initial equity balance for all plans.

If you reach or exceed the maximum drawdown limit at any time, whether with realized or unrealized losses, your account will be deactivated, and you will be ineligible for the profit share. Any open trades will not be automatically liquidated, but your account will become ineligible for trading.