When you embark on an Infiniti Funds Funded Account Challenge, throughout the Challenge, the capital in your Infiniti Funds Trader Account can never, at any given time, fall below 10%.
An example of the Overall Drawdown would be:
If a trader has an Infiniti Funds Trading Account with a starting balance of $100,000, the Overall Drawdown would be $10,000 (10% of $100,000). This means that the trader’s Account Balance can never fall below $90,000 throughout the entire Funded Account Challenge.
How Do I Calculate the Max Overall Drawdown?
The Max Overall Drawdown can be calculated as follows:
Initial Account Balance x 0.10 = Max Overall Drawdown.
For example: $200,000 x 0.10 = $20,000 (Max Overall Drawdown) (Max Loss).
Note: Exceeding the Max Overall Drawdown of 10% will result in the automatic failure of that respective Challenge attempt. The Overall Drawdown rule applies to all three phases of every Funded Account Challenge (Phase 1: Evaluation, Phase 2: Verification, Phase 3: Funded).
Note: Infiniti Funds, does not recommend trading one hour before and after the Market Rollover, due to bad market conditions caused by low liquidity and high volatility.