In evaluation accounts, drawdown rules vary by plan:
Premier(1-Step) accounts use a Static Max Drawdown, meaning your loss limit is fixed and does not adjust with profits.
Elite(2-Step) accounts use an Intraday Trailing Drawdown based on realized gains, meaning your drawdown level can increase as you secure profits but is evaluated in real time during the day.
In Instant funded accounts, and End-of-Day Trailing Drawdown applies. This updates once per day based on your closing balance, rather than fluctuating intraday.
Your drawdown limits are tied to your account size and plan type; be sure to stay within these thresholds to maintain account eligibility and avoid breaches.
-Overnight trading is allowed
-Weekend trading is permitted
-Market is open 24/7
-News trading is allowed -- Including Tier 1 events(FOMC, CPI, NFP, etc.)