The Maximum Drawdown for BEM One is 6% of the Initial Balance. It is calculated using a trailing methodology based on account balance.
The trailing drawdown moves upward as your account balance grows and never moves downward due to losses. Once the trailing drawdown level reaches the Initial Balance, it becomes locked and no longer trails upward.
A breach occurs if your equity, including open positions, falls below the active trailing drawdown level at any time.
The calculation includes open positions, closed trades, commissions, and swap fees.
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