Max Drawdown is the biggest loss your account is allowed to take before it is breached. On an Instant Account, it trails on an intraday basis: the floor follows your highest equity point reached during the trading day, including open unrealised profit, not just your end of day balance.
Example: on a $50,000 account, if your equity climbs to $53,000 intraday, your drawdown floor will trail up to 50,500 and will stay there even if equity falls below $53,000 later on.
Account Size | Max Drawdown |
$25,000 | $1,250 |
$50,000 | $2,500 |
$100,000 | $4,000 |
$150,000 | $5,000 |
