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.

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.