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If you want to learn more about our program rules please click on the relevant page rules below.

How is the daily drawdown calculated?

Daily drawdown is 5% of the starting equity or balance of the day (whichever is higher) every 5:00pm EST.
Daily drawdown is NOT fixed 5% of initial starting balance.
For example:
If your starting equity is $103,000 but your starting balance is $100,000 then the daily drawdown will be based on your starting equity because it is higher. 5% x $103,000 = $5,150. Your account balance/equity cannot go below $103,000 – $5,150 = $97,850 for the day.
If your starting equity is $95,000 but your starting balance is $97,000 then the daily drawdown will be based on your starting balance because it is higher. 5% x $97,000 = $4,850. Your account balance/equity cannot go below $97,000 – $4,850 = $92,150 for the day.

Will withdrawing profits stop my account from scaling up?