How Does the Trailing Overall Drawdown Affect Payouts in a Simulated Turbo Funded Account?

Two key things to be aware when requesting a payout from Simulated Turbo Funded account are as follows:

1 – Any withdrawal requested with less than 6% profit will have the Trailing Drawdown limit of 6% of the highest recorded Balance.

Example 1: (Below 6% profit)

Account size: $100,000
Current Simulated Profit achieved: 4% i.e., $4000
Highest recorded Balance: $105,000

The Trailing Drawdown becomes: [$105,000 – (6% of $105,000)] = $98,700

Scenario 1: If you request a full withdrawal of simulated profits of $4,000, the remaining limit for the day would be [$100,000 (Balance reset after withdrawal) – $98,700] = $1,300

Scenario 2: If you request a partial withdrawal of simulated profits, for instance, $2000 instead of $4,000, now the available drawdown becomes $3,300.

2 – Any withdrawal requested with a 6% simulated profit will have a fixed Trailing Drawdown limit of $100,000.

Example 2: (At 6% profit)

Account size: $100,000
Current Simulated Profit achieved: 6% i.e., $6000
Trailing Drawdown is now fixed at Initial Balance i.e., $100,000

Scenario 1: If you request a full withdrawal of simulated profits of $6,000, the remaining limit for the day would be [$100,000 (Balance reset after withdrawal) – $100,000 (fixed limit at 6% profit)] = $0. Therefore, there will be no available Overall Drawdown limit left and this would result in a breach of account.

Scenario 2: If you request a partial withdrawal of simulated profits, for instance, $4000 instead of $6,000, now the available drawdown becomes $2,000 accordingly and this would not result in a breach of account.