Daily drawdown rule
During any Trading Day (23:00:00 CET to 22:59:59 CET the following day), at no point is the Customer’s account balance nor account equity permitted to drop by a specified percentage of the previous Trading Day’s closing balance. This specified percentage depends on the type of account as shown below:
Account Type | Daily Drawdown Limit |
1-Step Challenge | 4% |
2-Step Challenge | 4% |
Instant Funded | 3% |
Max drawdown rule
At no point is the Customer’s account balance nor account equity permitted to drop by a specified percentage of the initial account balance. This specified percentage depends on the type of account as shown below:
Account Type | Max Drawdown Limit |
1-Step Challenge | 7% |
2-Step Challenge | 8% |
Instant Funded | 6% |
1-Step and Instant Funded accounts has trailing drawdown.
2-Step accounts has static drawdown.
You can find more detailed info about how trailing works here:
https://intercom.help/neomaaa/en/articles/9659010-what-does-daily-and-max-drawdown-mean-and-how-is-it-calculated