How does the Static Max Drawdown work on Stocks accounts?
The Maximum Drawdown rule indicates the maximum amount you can lose across the lifetime of your account.
If your equity drops below the Max Drawdown limit, your account will automatically be closed.
On Stocks accounts, the Maximum Drawdown is static for both your Challenge and Earning Phase
The Static Max Drawdown means that your Max Drawdown is fixed from the start and visible on your Dashboard, and it does not change regardless of the profits you make.
For example, if you start with a $25,000 account and a $1,250 Static Max Drawdown, your Max Drawdown limit will always be $23,750.