Funded Trader Markets FAQs

How Does the Maximum Daily Drawdown Limit for the 1-Step Nitro Evaluation Work?

The Maximum Daily Drawdown Limit is 4% of the Initial Balance.

Example 1:

For a $100,000 1-Step Nitro Evaluation, the Daily Drawdown is 4% of the Initial Balance.

Day 1:

Starting Balance/Equity: $100,000

Allowed Daily Drawdown: 4% of $100,000 = $4,000 (stop-out limit = $96,000)

Example 2:

Day 2:

End of Day Balance (Day 1): $104,000

End of Day Equity (Day 1): $103,000

Daily Drawdown Limit: 4% of $100,000 = $4,000 (stop-out limit = $100,000). If Either Equity or Balance reaches this limit, it would result in a breach of the Daily Drawdown Limit.

Related Questions

What is the Maximum Allocation offered in 1-Step Nitro Pro Evaluation Program?
What is the Profit-Split offered in 1-Step Nitro Pro Simulated Funded Account?
What is the Available Leverage for the 1-Step Nitro Pro Evaluation and Simulated Funded Accounts?
Can I Request To Switch Trading Platforms For The 1-Step Nitro Pro Evaluation And Simulated Funded Accounts?
What Are The Requirements To Merge My 1-Step Nitro Pro Simulated Funded Accounts?
What Impact Does the Trailing Overall Drawdown Have on Payouts in a 1 Step Nitro Pro Simulated Funded Account?

If you have any unanswered questions, email
support@fundedtradermarkets.com

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