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. After successfully completing the Trader Career Path® program, fixed drawdowns are applied exclusively to the $200,000 and $400,000 funded trading accounts — the highest account sizes reached by funded traders who progress through the growth plan by hitting the required profit targets and withdrawing their profit share.
Traders who pass the TCP25 and reach the $200,000 funded trading account have their drawdown fixed at $194,000.
Traders who pass the TCP50 or TCP100 and reach the $400,000 funded trading account have their drawdown fixed at $388,000.
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.