There is an 8% overall trailing drawdown limit, which adjusts based on the account's peak balance, helping to prevent excessive losses over time. Once you have made 8% profit on your account, your maximum drawdown level is then fixed at your account starting balance.

For example: on a $100,000 account, once your account balance reaches $108,000, your maximum drawdown level will be static at $100,000, even when you make more than $108,000.

You can clearly see your drawdown limits and breach level by going to your dashboard, going to 'Accounts Overview' and then clicking 'Go to metrics' on your trading account.

Please note: Your Maximum Drawdown Level is trailing, meaning it never goes back down. This means when you request a withdrawal, your new balance will be closer to your drawdown breach level. Please ensure you leave enough in your account that you are comfortable allowing for your maximum drawdown amount.

Example: On a $100,000 account, if you have made 6% profit ($6000), you new maximum drawdown level will be $98,000. If you then withdraw your full profit, you will only be left with 2% drawdown allowance. We suggest keeping your drawdown level at 4%, as this is also the daily drawdown allowance.

These stringent drawdown rules encourage traders to manage their risk effectively while striving for consistent profitability.