Targets and loss limits
- Profit target
- 7% then 7%
“This program comes with a 7% profit target on both phases, a static max drawdown of 8%, on both phases and a daily drawdown limit of 4% for both the first and second phases/steps of the challenge.”
- Daily drawdown
- 4% of prior-day closed balance
“The daily drawdown (Daily Simulated Loss) is calculated from your closed balance of the prior trading day, when it resets at 23:59 server time, every day.”
- Max drawdown
- 8% static
The funded account keeps the 8% static limit. A checkout add-on raises it to 9%.
“This program comes with a 7% profit target on both phases, a static max drawdown of 8%, on both phases and a daily drawdown limit of 4% for both the first and second phases/steps of the challenge.”