Also known as: overall drawdown, max DD, total drawdown
The largest total loss allowed before the challenge or funded account fails.
How it works
A 6% max drawdown on a $100,000 account means equity must never fall to $94,000 or below. It can be measured from the starting balance (static) or the highest balance reached (trailing).
At WICK FUNDED
WICK uses a static max drawdown — fixed from your initial balance on every phase (6% on 1-Step, 10% on 2-Step) — tighter than the 10% many firms allow, which keeps risk realistic and predictable.