1. Maximum daily drawdown (5%): It is based on the account's net value at the closing of the previous day, i.e. your daily trading starts at [23:59] of [GMT+3 or GMT+2 (depending on the server's summer time or winter time)]. From then on, your total account net value must not be less than 95% of the previous day's total account net value in a single day (i.e. it should not drop by more than 5%).
2. Maximum total drawdown (10%): Based on the initial account balance, your total account net value should not draw down more than 10% of the initial challenge amount.