What is the maximum overall drawdown limit?
Max Overall Loss is based on the initial account balance and it varies between our Challenge Offerings.
Elite Accounts
- Step 1 (Evaluation): 11% Maximum Overall Loss
- Step 2 (Verification): 11% Maximum Overall Loss
- Step 3 (Funded): 11% Maximum Overall Loss
Unlimited Accounts
- Step 1 (Evaluation): 10% Maximum Overall Loss
- Step 2 (Verification): 10% Maximum Overall Loss
- Step 3 (Funded): 10% Maximum Overall Loss
Bolt Accounts
- Step 0 (Bolt Evaluation): 10% Maximum Overall Loss
- Step 1 (Evaluation): 10% Maximum Overall Loss
- Step 2 (Verification): 10% Maximum Overall Loss
- Step 3 (Funded): 10% Maximum Overall Loss
Launch Giveaway Accounts
- Step 0 (Launch Evaluation): 10% Maximum Overall Loss
- Step 1 (Evaluation): 10% Maximum Overall Loss
- Step 2 (Verification): 10% Maximum Overall Loss
- Step 3 (Funded): 10% Maximum Overall Loss
Instant Funding/Conservative Accounts
- Step 1 (Funded): 5% Maximum Overall Loss
Instant Funding/Aggressive Accounts
- Step 1 (Funded): 10% Maximum Overall Loss
Related Articles
How is the maximum overall drawdown limit calculated?
Max Overall Loss is based on the initial account balance. We will use a $100,000 Elite Challenge (11% Max Overall Loss) account for this example: Initial Balance: $100,000Overall Loss: 11% = $11,000 If the trader reaches a $89,000 equity or balance, ...
How is the maximum daily drawdown limit calculates? (Prop Specific)
Max Daily Loss is based on the initial account balance. We will use a $100,000 Elite Challenge (8% Max Daily Loss) account for this example: Initial Balance: $100,000 Daily Loss: 8% = $8,000 Starting point for this is the start of the day according ...
What is the maximum daily drawdown limit?
Max Daily Loss is based on the initial account balance and it varies between our Challenge Offerings. Elite Accounts - Step 1 (Evaluation): 8% Maximum Daily Loss - Step 2 (Verification): 8% Maximum Daily Loss - Step 3 (Funded): 8% Maximum Daily Loss ...
Do I have to follow daily loss and overall loss rules?
Traders must stick to the daily loss limit and overall loss limit rule when trading with any of our Funded Forex accounts. The daily loss limit puts a cap on the maximum losses (realized or unrealized) allowed in a single day, while the overall loss ...
What are the Restricted/Prohibited trading strategies at Funded Forex?
Funded Forex maintains a zero-tolerance policy against any form of cheating or exploitation of the platform, as outlined in our Terms of Service (TOS) agreed upon during registration. Traders are strongly encouraged to carefully review our Terms of ...