A fixed drawdown is a type of drawdown that sets the minimum balance for your trading account at a fixed value that does not change. Fixed drawdowns are used in the $200,000 and $400,000 funded trading accounts for traders who pass the Trader Career Path evaluation and scale up their funding offers.
The $200,000 funded trading account has its drawdown fixed at $194,000.
The $400,000 funded trading account has its drawdown fixed at $380,000.
Funded traders are not allowed to reach or dip below the minimum balance set by their fixed drawdown. Please note that the $200,000 funded trading account received after passing the Gauntlet Mini™ does not use a fixed drawdown.