The 2-Step Lite Challenge uses a static drawdown model.

Maximum Overall Loss

• 5% maximum loss

Daily Loss Limit

• 3% daily loss limit

Drawdown Type

• Static drawdown
• Calculated at the end of the trading day

Example

On a $10,000 Lite account:

• Maximum loss: $500
• Daily loss limit: $300

Breaching either limit will fail the account.