Understanding Maximum Drawdown (Static)

Maximum Drawdown is the account's overall loss floor. It is static and equity-based.

How it works

The floor is calculated from the phase's original starting balance and never trails upward when the account makes profit.

Current standard limits

• Instant Funding (Cobra Venom and Cobra Prime): 6%
• Cobra Strike: 5%
• 1-Step: 6%
• 2-Step: 12%

Examples on a $10,000 account

• Instant or 1-Step: 6% is $600, so the overall breach floor is $9,400.
• 2-Step: 12% is $1,200, so the overall breach floor is $8,800.

Floating losses count. If account equity falls below the applicable floor, the account breaches even if the position has not been closed.

Cobra Prime bought from 30 October 2026: trailing 6%

On these accounts the 6% max loss moves up as your account grows, and stops at your starting balance. The floor sits 6% of the starting balance below your highest equity, open trades included. It never moves down. Profit removed by the 60% per-trade cap or the $3,000 daily cap does not count.

Example on $10,000: the floor starts at $9,400. When your equity reaches $10,300 it is $9,700. From $10,600 on it stays at $10,000.

Cobra Prime bought before 30 October 2026 keeps the static 6% above.