Daily Drawdown Instant Funding

FOREXIVE

Last Update a month ago

The daily drawdown is 2% of the account’s initial balance, and the account balance/equity must not exceed this limit.



Example 1:

Imagine you start trading with a $50,000 account and your Maximum Drawdown is capped at 2% ($1,000). If your account balance/equity falls below $49,000 at any point during the day, it will be considered a violation of the rules.