The maximum drawdown limit for a 1-Step funded account is an equity limit based on your initial account balance. The maximum drawdown limit is 6% of your initial balance of your funded account. Note that this is a static limit, in that your maximum drawdown limit does not change based on your account balance.
For example: You have a $100,000 1-Step funded account. The maximum drawdown is $6,000 = a 6% decrease from $100,000. If your account balance is $105,000, your maximum drawdown limit is $94,000 = $100,000 - $6,000.