How do the max daily and max total draw downs work?
The maximum daily loss on the account consisting of the account’s current result of opened positions and the result of positions closed on the given day must not at any time in the course of one working day exceed 6% of the initial balance of the account. For the max total draw down, the equity of the account must not fall below 88% of the initial account balance both for open and closed positions, including commissions and swaps.