2-Step Challenge - Elite (Funded Stage)

The Simulated Maximum Total Drawdown for the 2-Step Challenge - Elite (Funded Stage) is 10% of your initial account size, until you make your first withdrawal and your Max Drawdown will lock at the initial balance.

Example:

If you start the challenge with an account balance of $100,000, the maximum total drawdown allowed would be:

• Simulated Maximum Total Drawdown = $100,000 * 10% = $10,000.

Thus, throughout the duration of the Elite Funded Stage, your account’s balance or equity should not fall below $90,000. 

Exceeding this drawdown limit can result in a review or termination of your participation in the challenge, as it indicates a breach of the established risk management protocols.