You meet both of these terms on day one, so it is worth being clear on how they differ. One governs a single trading day. The other governs the whole life of the account. You respect both at once, and your live figures for each are always shown on your dashboard.

The daily drawdown is the most you may lose between the start and the end of one trading day. It is measured on your equity at the day's open, which means it counts both your closed losses and the floating loss on any open position in real time. If your equity falls below that daily floor at any point in the day, the daily limit is reached.

The key word is resets. At 00:00 UTC the daily limit recalculates from your fresh starting point for the new day. A quiet session yesterday does not shrink today's room, and a strong session does not widen it. Every day starts clean.

The exact daily percentage depends on the product you are trading. Each product's daily drawdown is published in the table below, and your live limit for your account size is always on your dashboard.

The maximum drawdown is the lowest your account is ever allowed to fall. It does not reset. It is the hard floor for the entire account, however many days you trade. Think of it as the line that decides whether the account keeps running.

Maximum drawdown comes in two styles. A static maximum is a fixed level that never moves, whatever profit you make. The Two Step uses an 8% static maximum. A trailing maximum follows your equity upward as you grow, which protects your gains as you make them. On One Step, Instant and Instant Pro, the trailing floor climbs with your equity and then locks at your starting balance once your account has grown by roughly the trailing percentage, so your initial capital and early progress become protected. Instant 24h also uses a trailing maximum, but its floor keeps trailing your equity and does not lock, so your protection continues to rise for the whole session.

Both limits are generous by the standards of the category, and each one is stated plainly so you always know exactly where the lines sit.

The two limits protect against two different situations, and both work in your favour. The daily limit keeps one heated session from doing lasting harm, giving you a clean start the next morning. The maximum limit protects the account across its whole life, so a slow run of small losses cannot quietly erode it.

Together they build exactly the discipline that serious capital allocators look for: survive the difficult day, and protect the long arc. On One Step, Instant and Instant Pro this is reinforced by the trailing maximum, which follows your equity up and then locks at your starting balance, so a later dip cannot erase the progress you have already secured. On Instant 24h the trailing maximum keeps rising with your equity for the whole session.

Say you are on an Instant account, with a 3% daily limit and a 5% trailing maximum. The percentages are what matter, so the mechanic reads the same at every account size.