Upon requesting a performance split on all of our programs, your maximum drawdown locks in at your starting balance.
This is to both protect firm capital and encourage traders to continue compounding their accounts. We do not remove our share of the account's gains until you request a withdrawal.
1-Stage Example
After growing your $100,000 Funded Account to $110,000, your Max Drawdown still remains at $94,000.
However, upon requesting a payout of $5000 (you can withdraw however much you like), your Max Drawdown will lock in at $100,000.
This will leave you with $5000 (5%) worth of drawdown room.
2-Stage Example
After growing your $100,000 Funded Account to $110,000, your Max Drawdown has now locked in at your starting balance and is now a static drawdown.
You request a withdrawal of $4000.
Your Max Drawdown remains locked in at your starting balance ($100,000) leaving you with $6000 (6%) worth of drawdown room.
3-Stage Example
After growing your $100,000 Funded Account to $115,000, your maximum drawdown is still at $95,000.
Upon requesting a payout of $10,000, your maximum drawdown will move up to your account's starting balance ($100,000), and you will now have a $5000 drawdown buffer.
You've received $10,000 and you have $5000 of drawdown room to continue growing the account.