How Drawdown Works
📊 Equity-Based Trailing Drawdown:
Each account has a fixed drawdown limit of 20%, calculated from the starting balance. This limit is applied to your highest account balance, including profits. If your equity drops by more than 20% of your starting balance from your peak balance, the account will be breached.
📌 Example:
On a ₦500,000 account, your maximum loss is ₦100,000.
This limit follows your highest account balance.
If your balance grows to ₦650,000, your new minimum equity must stay above ₦550,000. Dropping below that — from open or closed losses — will breach the rule.
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