Max Drawdown refers to the maximum allowable loss your account can incur from its initial balance before trading is halted or the account is closed. This is a key risk management measure designed to ensure losses remain within a predefined and manageable limit.

At GFC, Max Drawdown is calculated as static, based on the initial balance of the account. Unlike equity-based drawdown, this means the drawdown level does not change regardless of profit or loss during the trading period.

Example: If your account starts at $100,000 and the Max Drawdown is 10%, you cannot lose more than $10,000. Whether your account grows to $120,000 or decreases to $90,000, the Max Drawdown will remain fixed at $10,000 from the initial balance of $100,000.

This static approach provides a clear framework for traders, promoting consistent risk management practices while avoiding unnecessary complexity.

Daily drawdown refers to the maximum amount of loss a trader is allowed to experience in a single day, often set as a percentage of the total account balance. It’s a risk management rule implemented by many prop trading firms to protect both the trader and the firm’s capital.

For example, if your daily drawdown limit is set at 5% and your account balance is $100,000, the most you can lose in a day is $5,000. If your losses exceed this amount, trading may be restricted or the account may be temporarily or permanently suspended. Monitoring and managing your daily drawdown is essential to staying within risk limits and maintaining your account.

Yes, you can hold your trades overnight and over the weekend. However, we generally do not recommend it due to the increased risk of market gaps and unpredictable price movements when the markets reopen.

During these periods, significant news events or geopolitical developments can cause major price fluctuations, which might lead to unexpected losses or slippage. To manage risk effectively, it’s often safer to close your positions before the market closes unless you have a solid strategy in place for such scenarios.

The withdrawal limit is the maximum amount you can withdraw from your trading account at one time. At GFC, we have set a withdrawal limit that is proportional to the account size you choose to ensure stability and sustainable growth for both traders and the firm.

This cap helps us maintain a healthy balance between offering flexible trading conditions and ensuring consistent, reliable payouts. It allows traders to achieve more stable monthly earnings without the risk of large, sudden withdrawals disrupting their account performance.

If you make more profit than the withdrawal limit allocated to your account, you will be able to withdraw up to the maximum amount permitted. For example, if you are trading on a $25K funded account and your profit is $5,370, you can request a payout for the maximum withdrawal limit of $5,000 allocated to that account.

Yes, you can trade as many accounts as you like—there is no maximum limit. However, merging multiple accounts into a single account is not permitted at this time.

No, our platform does not support Expert Advisors (EAs). All trades must be executed manually to ensure compliance with our trading rules and to maintain the integrity of the trading environment.

No, High-Frequency Trading (HFT) is not allowed on our platform. All trades must follow our standard trading rules and guidelines.

Yes, scalping is allowed, but with specific conditions. Each trade must remain open for at least 30 seconds. If a trade is mistakenly opened and closed within this period, it will not result in any penalty. However, if closing trades within 30 seconds is identified as part of a trading strategy, it may lead to the account being canceled.

No, there is no time limit to complete your evaluation challenge. We want you to trade at your own pace, free from the pressure of deadlines. This way, you can focus on executing your strategy correctly and reaching your goals without feeling rushed.

However, we do require a minimum trading period on evaluation accounts to ensure that traders demonstrate consistency and sound trading practices.

No, Martingale strategies are not permitted on our platform. This approach involves increasing the position size—either in the same or opposite direction—after experiencing a loss or while the initial position remains open.

Example: If you open a 2-lot BUY position on EURUSD and, after a loss, you open a 4-lot BUY or SELL position on EURUSD, this is considered a Martingale strategy and is not allowed under our trading rules.

No, using a stop-loss is not mandatory. However, we highly recommend incorporating stop-loss orders in your trading strategy to manage risk effectively and protect your capital from significant losses. Utilizing a stop-loss helps maintain discipline and ensures that you’re prepared for unexpected market movements.