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Frequently Asked Questions

FAQ's All Collections The Challenge How Does the Overall Drawdown Work?
How it Works
How Does the Overall Drawdown Work?

How Does the Overall Drawdown Work?
The capital in any FunderPro Trading Account cannot at any given time drop below 10% of the initial account value.

For example:
If you have a starting balance of $100,000, 10% of this equals $10,000. This means if your account falls below $90,000 at any given moment you are in violation of the Overall Drawdown rule.

How do I calculate the Overall Drawdown?
The maximum Overall Drawdown allowed is a constant of 10% of your initial account size. This means that if you have a $100,000 account, the maximum overall loss you can incur is $10,000 (10% of $100,000) at any given time, both during the FAC (Funded Account Challenge) and after getting your Funded Account.

It's important to note that the maximum loss of 10% includes both the realized and unrealized profit and loss (P&L) of your open positions.

Violation of the Overall Drawdown will result in the loss of your trading account and applies to all 3 Phases of FunderPro's Funded Accounts (Evaluation, Verification, and Funded Account).