So how does it work?
Smart Drawdown operates in a unique way: once a trader reaches an Equity gain of 5% or more, our system will automatically update their drawdown to the starting balance, and it will remain at this level. This means that traders can continue to trade freely, without worrying about their drawdown percentage increasing beyond the break-even point.
Once your Drawdown has updated to your starting balance it will then never move from here, unless you scale your account. At this point, your drawdown will be updated to your new scaled balance, excluding any profits.
Smart drawdown benefits
We recognised the potential advantages that firms employing a trailing drawdown approach offered to their traders, but we also identified the potential drawbacks. As a result, we developed a new hybrid of the two, specifically for traders. Known as our Smart Drawdown Model.
No Time Limits
By Introducing smart drawdown, we have been able to remove all the time limits on our challenges. Meaning you have all the time you need.
Reduced Costs
By utilising the Smart Drawdown approach, our firm is able to effectively manage risk. Thereby enabling us to offer reduced prices on all Smart Funded Accounts.
Easier Scaling
You can now scale your account every 10% gain you make. Meaning you can scale quicker and reach up to $1.25 Million in funding.
Less Rules
Without your drawdown constantly trailing behind you, you won’t have to worry! You know what your drawdown is going to be, and best of all, it won’t change!
