2-Phase Challenge Example

When you embark on a Funded Account Challenge on FunderPro through topFundr, throughout the Challenge, the capital in your Trading Account can never, at any given time, fall below 10% (7% for 1-phase challenges).

An example of the Overall Drawdown would be:

If a trader has a Regular Challenge Account with a starting balance of $100,000, the Overall Drawdown would be $10,000 (10% of $100,000). This means that the trader’s Account Balance can never fall below $90,000 throughout the entire Funded Account Challenge.

How Do I Calculate the Max Overall Drawdown?

The Max Overall Drawdown can be calculated as follows:

For Regular and Swing Challenges: Initial Account Balance x [0.10] = Max Overall Drawdown.

For 1-Phase Challenges: Initial Account Balance x [0.07] = Max Overall Drawdown.

Ex. $100,000 x [0.10] = $10,000 (Max Overall Drawdown) (Max Loss).

Note: Exceeding the Max Overall Drawdown of 10% (or 7%) will result in the automatic failure of the Challenge. The Overall Drawdown rule applies to all phases of every Funded Account Challenge (Phase 1: Evaluation, Phase 2: Verification) and to Funded Accounts as well.