Daily Drawdown Instant Funding
FOREXIVE Support
Last Update a month ago
Maximum drawdown is 2% of the account’s initial balance and the balance/equity of the account should not exceed the limit.
Example 1: Imagine you start trading with a $50,000 account and your Maximum Drawdown is capped at 2% ($1000). If your account balance/equity falls below $49,000at any point in a day it will be considered a violation of the rules.
