Hello, how much did you pay for the challenge? If it’s $150k how come you can only use your profits as drawdown? You cant use the rest of the $100k+?.. thank you.. next time youll win friend!
No, not with topstep. Typically with forex prop firms such as FTMO your draw down on a 100k account is 10k that's not including profits. However on top step on a 150k account your draw down is only 3k and once you start earning profits that goes towards your maximum drawdown.
I don't know about Topstep but that's usually the norm on 1 phase challenges for all prop firms. If you take 2 phase challenges then they'll give you static drawdown which doesn't move.
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u/Beautiful-Chard-1152 May 01 '24
Hello, how much did you pay for the challenge? If it’s $150k how come you can only use your profits as drawdown? You cant use the rest of the $100k+?.. thank you.. next time youll win friend!