The exact Drawdown limits on a Build Your Own Challenge depend on the configuration selected when purchasing the account.
This means there is not one universal Drawdown percentage for every Build Your Own account.
FX 1-Step
A Build Your Own 1-Step FX Challenge can include:
Daily Drawdown
2%
3%
EoD Maximum Drawdown
3%
4%
5%
The selected values are shown in your account configuration.
FX 2-Step
A Build Your Own 2-Step FX Challenge can include:
Daily Drawdown
4%
5%
6%
Maximum Drawdown
8%
9%
10%
11%
12%
The same configurator shows which limits apply during:
Step 1
Step 2
Funded
Futures
Build Your Own Futures accounts use an EoD Maximum Drawdown.
Available configurations include:
3%
4%
5%
Are Drawdowns equity-based?
Are Drawdowns equity-based?
Applicable Drawdown calculations include account equity, meaning open/unrealized P&L can affect your Drawdown.
An account can therefore breach a Drawdown limit even if the losing position has not yet been closed.
When does Daily Drawdown reset?
When does Daily Drawdown reset?
Daily Drawdown resets at:
UTC 00:00
How does EoD Maximum Drawdown work?
How does EoD Maximum Drawdown work?
The EoD Maximum Drawdown is reviewed at UTC 00:00.
When a new account high is established, the Drawdown threshold can move upward.
It does not move downward.
Once the applicable ceiling is reached, it stops trailing.
Always follow the Drawdown percentages displayed on your individual Challenge dashboard/configuration.