The maximum allowable drawdown at Fundedgram varies by account type and is detailed in the trading rules. Exceeding this limit may lead to account termination.
We offer balance-based trailing drawdown.
Drawdown Rules Explanation:
:- Initial Account Balance: $100,000
:- Daily Drawdown Limit: 3% of $100,000 = $3,000
After Profit: If the account balance grows to $110,000 (e.g., a profit of $10,000), the drawdown limits adjust as follows:
:- New Daily Drawdown Limit: 3% of $110,000 = $3,300
:- Overall Drawdown Limit: 6% of $110,000 = $6,600
These rules ensure that daily and overall drawdown limits are based on the current account balance, including profits. This approach encourages disciplined risk management while providing flexibility as the account balance grows.