Fundedbit uses real-time equity tracking, which includes all open positions, to calculate both the Daily Loss limit and the overall Drawdown limit. The equity is monitored in real-time, meaning if your account equity falls below the allowed loss threshold at any moment, the breach is triggered instantly. There is no waiting until end of day. The overall drawdown for FastTrack and 1-Step is a 6% trailing drawdown based on your highest equity ever reached. The 2-Step uses a 10% absolute drawdown calculated from your initial starting balance.
Is drawdown based on balance only or also equity?
Written by Viktor B.