The Maximum Simulated Drawdown for the BEM Extended account is based on a trailing drawdown model set at 8% of the initial balance.
How it works
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The drawdown is calculated from your Highest Water Mark (the highest balance reached from closed positions)
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As your balance grows, the drawdown level moves up with it
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It never moves down because of losses
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The trailing drawdown is capped at the initial balance. Once it reaches that level, it becomes fixed
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A breach occurs if your equity (including open positions) falls below the active drawdown level at any time
After processing any reward, the Highest Water Mark is reset to the initial balance, which reduce your drawdown threshold.
Note: The daily loss calculation includes floating P/L, closed P/L, swaps, and commissions.
Need help?
If you have any questions, please contact our support team at [email protected].