For both the Standard Challenge and One Step Challenge, the maximum daily loss is 6% of the accounts initial starting balance. All trading days reset at midnight at GMT +2 (5PM EST). The maximum total loss is 12% of the accounts starting balance. See the table below for the specific maximum drawdown parameters.

Account SizeMax Daily DrawdownMax Drawdown
$50,000$3,000$6,000
$100,000$6,000$12,000
$200,000$12,000$24,000

CFTC Rule 4.41

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. CFTC Rule 4.41