End-of-Day Drawdown
10FOUR INSTANT accounts use an End-of-Day (EOD) Drawdown system to determine the Maximum Loss Limit (MLL).
Unlike intraday trailing drawdown models, the EOD drawdown is calculated once per trading session using the account's closing balance.
How it works
At the end of each trading session, the system calculates the account’s highest closing balance.
The Maximum Loss Limit (MLL) increases as your balance increases.
Once the account balance exceeds the initial trail balance, the MLL locks and stops moving.
Drawdown Parameters by Account Size
Account Size | MLL Amount | Initial Trail Balance | Locked MLL Balance |
$25,000 | $1,000 | $26,100 | $25,100 |
$50,000 | $2,000 | $52,100 | $50,100 |
$100,000 | $3,000 | $103,100 | $100,100 |
$150,000 | $6,000 | $156,100 | $150,100 |
Additional Rules
The Maximum Loss Limit (MLL) increases with the account’s highest closing balance until the initial trail balance is reached.
Once the initial trail balance is exceeded, the MLL locks at the starting account balance plus $100.
If the account balance reaches the Maximum Loss Limit, the account is considered breached.
Example
A trader starts with a $50,000 Instant account.
The Maximum Loss Limit is $2,000.
The Initial Trail Balance is $52,100.
If the trader grows the account above $52,100, the drawdown will lock at $50,100.
From that point onward, the account must remain above $50,100 to stay active.