There are two drawdown limits on the Instant Account:
Daily Drawdown
Maximum Drawdown
Both limits are monitored continuously. Breaching either results in immediate and permanent account termination.
Because overnight positions are allowed, drawdown calculations are based on End-of-Day (EOD) Equity or Balance, rather than intraday floating equity. This ensures traders are not unfairly penalized for normal overnight market fluctuations.
Understanding how these two drawdowns work together is essential to managing risk correctly on an Instant Funded Account.
[Instant] Daily Drawdown Explained (End-of-Day Equity Model)
The Daily Drawdown on the Instant Funded Account is set at 3%.
Daily drawdown represents the maximum amount you are allowed to lose in a single trading day.
The daily drawdown:
Is calculated at 00:00 GMT+3 server time
Is based on End-of-Day Equity or Balance, whichever is higher
Applies at all times during the trading day
Because overnight holding is allowed, the daily drawdown model uses end-of-day values instead of intraday floating equity. This means that losses carried overnight are included in the next day’s allowable drawdown.
If, at any point during the trading day, your equity or balance falls below the allowed daily drawdown limit, the account is immediately breached.
Daily drawdown does not reset intraday. It only resets at the start of the next trading day.
[Instant] Maximum Drawdown – Trailing Until Initial Balance
The Maximum Drawdown on the Instant Funded Account is 6%.
This drawdown starts as trailing and later becomes static.
How it works:
The drawdown initially trails your End-of-Day Equity or Balance (whichever is higher)
As your account grows, the drawdown level moves upward with your profits
Once the trailing drawdown reaches the initial account balance, it stops trailing
From that point forward, the drawdown becomes static and fixed at the initial balance
This means you can never lose more than 6% of the original account size, regardless of how much profit you have made.
If your equity or balance falls below the maximum drawdown limit at any time, the account is permanently closed with no possibility of reset or refund.