What is max drawdown?
Maximum drawdown is the maximum total loss permitted on the account. If the account exceeds this limit, it may be breached.
Static drawdown
Only the 2-Step account uses a static drawdown that never moves. The 1-Step overall limit trails your highest balance until you are 7% in profit and then pins at your initial balance for good. Instant simulated evaluation trails your highest balance at all times, and a full withdrawal returns it to your initial balance. Flex changes at the funded stage: the 8% limit during the evaluation is static, but the funded account is 7% trailing from your highest balance and pins at your starting balance once you are 7% in profit. Do not size a funded Flex account against the 8% you had during the evaluation.
Max drawdown by account type
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