Available for: E8 Pro Forex, E8 Pro Crypto
Static Drawdown represents the maximum total loss your account can incur based on your Initial Balance.
Quick Explanation (Read this first)
It is a Fixed Floor: It does not move up, and It stays anchored to your starting point, until you make a payout.
The "Hard Stop": A permanent violation occurs if your account’s Equity or Balance falls below this level at any point.
Definitions you need to know
Loss Level: Limit above which you must stay.
Numbers in context
How to calculate: Initial Balance − % of Initial Balance = Loss Level
Initial Balance | Static Drawdown | Loss Level (You must stay above) |
$100,000 | $8,000 (8%) | $92,000 |
$50,000 | $4000 (8%) | $46,000 |
$5,000 | $400 (8%) | $4,600 |
Payout request
When you request a first payout, the loss level will move to the initial balance level, and it stays there forever.
$100,000 account | Static Drawdown | Loss Level (You must stay above) |
Before payout | $8,000 (8%) | $92,000 |
After payout | $8,000 (8%) | $100,000 |
How to use the Dashboard to your advantage
Remember that you can always rely on your Dashboard data
Go to your dashboard, check your account loss analysis of the account, and follow your Loss Levels.
Please note that if your account equity or balance reaches/falls below the loss level, your account will be permanently closed for breaching the Static Drawdown rule.
Bear in mind that after the account breaches your loss level, the system will enforce closing the position automatically, which might take a while. This might result in closing your balance above the loss level; however, closing your balance above the loss level after you breach the Loss level won't prevent the account from being violated and permanently closed.