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Overall Drawdown

Learn more about our overall drawdown rules

Seun avatar
Written by Seun
Updated over 2 months ago

How does the Overall Drawdown work?

The capital in any Leveled Up Traders Trading Account cannot at any given time drop below 10% of the initial account value for Standard and Swing Challenge and Funded accounts.
The Overall Drawdown for Fast Track Challenge (One-Step) accounts is 7% of the initial account balance.

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 Leveled Up Traders' Funded Accounts (Evaluation, Verification, and Funded Account).

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