The simulated 1-Step Max Daily drawdown is 2%, and it is equity-based. However, the maximum simulated drawdown is 8%, and it's static and does not trail. This means that your maximum drawdown will be calculated based on your initial balance.
If you exceed the daily loss limit of 2%, you will receive a soft breach. This will not result in breaching your account, but rather a soft breach. In such a case, you will receive an email notification regarding the soft breach. Your account will only be breached/failed if your equity drops below your maximum drawdown, which is your initial balance.
Please note that 1-Step Max Daily Loss is equity-based.
Question 1: What happens if I reach the daily drawdown soft breach limit or the maximum daily profit limit? | Answer: Your positions will be automatically closed. |
Question 2: What will be the maximum capital allowed in a 1-Step Max Plan? | Answer: You can only add up to a max of $300,000 simulated value |
Question 3: Can I merge my multiple 1-Step Max simulated funded accounts? | Answer: No, merging is not allowed in the 1-Step Max Plan. |
However, please note that the maximum amount you can own in your account is $600,000 simulated value. To learn more about this, kindly refer to this article:
For additional information, please refer to the infographics provided below.
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