Static Instant Funding uses Static Drawdown. This means the drawdown does NOT trail with your accounts growth.
It has a Daily Loss Limit of 2% & has a Max Overall Drawdown Limit of 3%.
The drawdown limits are updated for the new trading day at 22:00pm UTC.
Example: On a $100,000 prop firm account (2% Daily Drawdown).
2% Daily Drawdown
2% of $100,000 = $2,000
If you start the trading day at $100,000, your daily floor is:
$100,000 − $2,000 = $98,000
If your equity/balance drops below $98,000 during that trading day → Daily Drawdown breach.
Example: On a $100,000 prop firm account (3% max drawdown).
3% Max Drawdown (overall)
3% of $100,000 = $3,000
Your max floor (static) is:
$100,000 − $3,000 = $97,000
If your equity/balance drops below $97,000 at any time → max drawdown breach.