When you embark on a topFundr Account Challenge, throughout the challenge, the capital in your topFundr Trader Account can never, at any given time, fall below 6%.

An example of the Overall Drawdown would be:

If a trader has a topFundr Trading Account with a starting balance of $100,000, the Overall Drawdown would be $6,000 (6% of $100,000). This means that the trader’s Account Balance can never fall below $94,000 throughout the entire Funded Account Challenge.

How Do I Calculate the Max Overall Drawdown?

The Max Overall Drawdown can be calculated as follows:

Initial Account Balance x [0.06] = Max Overall Drawdown.

Ex. $200,000 x [0.6] = $12,000 (Max Overall Drawdown) (Max Loss).

Note: Exceeding the Max Overall Drawdown of 6% will result in the automatic failure of that respective challenge attempt. The Overall Drawdown rule applies to all three phases of every Funded Account Challenge (Phase 1: Evaluation, Phase 2: Verification, Phase 3: Funded).

Note: topFundr, does not recommend trading one hour before and after the Market Rollover, due to bad market conditions caused by low liquidity and high volatility.