How Drawdown Works on Type X
Learn how end of day trailing drawdown and the daily loss limit are calculated on Type X accounts.
Type X uses an end of day trailing maximum drawdown together with a daily loss limit on most account sizes.
Maximum Drawdown
The maximum drawdown on Type X is 4%. The maximum drawdown uses end of day trailing. The drawdown level trails your end of day account balance as it grows, and stops trailing once it reaches your starting balance.
Account Size | Maximum Drawdown (4%) |
25K | $1,000 |
50K | $2,000 |
100K | $4,000 |
150K | $6,000 |
Daily Drawdown
A daily loss limit applies to the 50K, 100K, and 150K accounts. The 25K account has no daily loss limit.
Account Size | Daily Drawdown |
25K | None |
50K | 2.5% |
100K | 2.5% |
150K | 2.5% |
Soft Breach
A soft breach means that if you reach the daily loss limit, trading is locked for the remainder of that day rather than the account failing. You can resume trading the following session.
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