What Impact Does the Trailing Overall Drawdown Have on Payouts in a 1 Step Nitro Pro Simulated Funded Account?

Important points to note when Requesting a Payout from a Nitro Pro (Simulated Funded) Account:

1. Impact of Less Than 3% Profit on Overall Trailing Drawdown Limit:Calculation: If the simulated profit is below 3%, the trailing drawdown limit is 3% of the Initial balance from the highest recorded balance.

Example 1: (Less Than 3% Profit)Account Size: $100,000Current Simulated Profit: 1% ($1,000)Highest Recorded Balance: $102,000Trailing Drawdown Calculation: $102,000 – (3% of $100,000) = $99,000

Scenario 1: Full Withdrawal of Simulated ProfitsWithdrawal Amount: $1,000Remaining Daily Limit: $100,000 (balance reset) – $1,000 = $99,000

Scenario 2: Partial Withdrawal of Simulated ProfitsWithdrawal Amount: $500Available Drawdown: $1,500 (Stop-out Limit remains at $99,000)

2. Effect of Simulated Profit of 3% and above on Overall Trailing Drawdown Limit:Calculation: If the simulated profit is 3% or higher, the trailing drawdown limit is fixed at the initial balance.

Example 2: (3% Profit Achieved)Account Size: $100,000Current Simulated Profit: 3% ($3,000)Trailing Drawdown Fixed at Initial Balance: $100,000Scenario 1: Full Withdrawal of Simulated ProfitsWithdrawal Amount: $3,000Remaining Daily Limit: $100,000 (balance reset) – $100,000 (fixed limit) = $0Result: Breach of account due to no remaining drawdown limit.

Scenario 2: Partial Withdrawal of Simulated ProfitsWithdrawal Amount: $2,000 Instead of $3,000Available Drawdown: $103,000 (Balance before withdrawal) – $2,000 (Withdrawal Amount) – $100,000 (fixed Limit) = $1,000Result: No breach of account and the remaining Overall Drawdown Limit becomes ($103,000 – $2,000 = $101,000