How To 13 March 2024

How does Max Drawdown work?

Max Drawdown is your account's total loss limit. Exceed this, and your account closes. It counts all losses, including trade commissions.

There are two types:

Static Max Drawdown: Fixed and unchanging.

Trailing Max Drawdown: Adjusts with your trading activity.

Hitting this limit means your account is 'breached' and gets disabled within 30 seconds, marked as ‘Breached’.

It may seem complex, but it's straightforward: stay above the Max Drawdown limit to keep trading. Check your trade history for a clear understanding of your account's status.

Need clarity? Review your trades.