Maximum Drawdown 1-Step Access
Access challenge
FOREXIVE
Last Update 9 days ago
Evaluation – 1-StepChallenge Stage:
Maximum drawdown is 10% of the account’s initial balance, and the balance/equity of the account should not exceed the limit.
Maximum drawdown is 10% of the account’s initial balance, and the balance/equity of the account should not exceed the limit.
Funded Stage:
Maximum drawdown is 6% of the account’s initial balance, and the balance/equity of the account should not exceed the limit.Example – Challenge Stage:
Imagine you start trading with a $50,000 account and your Maximum Drawdown is capped at 10% ($5,000). If your account balance/equity falls below $45,000 at any point, it will be considered a violation of the rules.Example – Funded Stage:
Imagine you start trading with a $50,000 funded account and your Maximum Drawdown is capped at 6% ($3,000). If your account balance/equity falls below $47,000 at any point, it will be considered a violation of the rules.