The maximum loss limit for an Amplified Account is calculated based on the total initial balance of the Amplified Account.
The maximum permitted drawdown is 10% and is static, which means the limit remains fixed even if the account generates profits.
Example:
If you make a deposit of USD 1,000 and use an X12 amplification:
USD 1,000 × 12 = USD 12,000
Therefore, the initial balance of your Amplified Account will be USD 12,000.
The maximum drawdown is calculated based on this balance:
Initial balance: USD 12,000
Maximum permitted drawdown (10%): USD 1,200
Minimum permitted Equity: USD 10,800
This means that the account's Equity must not fall below USD 10,800.
The calculation is based on the USD 12,000 balance of the Amplified Account, not only on the USD 1,000 initially deposited.