Skip to main content

Starboard - Trading Rules and Drawdown

Learn how daily and trailing drawdown work and how to avoid breaches.

Updated over a week ago

Daily Drawdown

Feature

Details

Limit

5%

Based On

Higher of balance or equity

Reset Time

5 PM EST


Example

Start of day:

  • Balance: 100,000

  • Equity: 102,000

Daily limit:

  • 102,000 - 5,000 = 97,000

If equity drops below 97,000, the account is breached.


Trailing Drawdown

Feature

Details

Limit

10%

Basis

Initial balance

Behavior

Moves upward with equity

Lock Condition

Locks at initial balance after +10%


How It Works

The trailing drawdown increases as your account grows, protecting gains while allowing flexibility early on.

Example 1 – Before Lock

Starting balance: 100,000
Drawdown level: 90,000

Account grows to 105,000
Drawdown moves to: 95,000

Example 2 – Lock Point

Account reaches 110,000

  • Drawdown locks at 100,000

  • It will no longer trail

Example 3 – After Lock

Account reaches 115,000

  • Drawdown remains at 100,000

  • Falling below 100,000 results in a breach


Trading Restrictions

Rule

Description

EA Trading

Allowed only with add-on

News Trading

Allowed only with add-on

Weekend Trading

Allowed only with add-on

Martingale

Not allowed

Hedging

Not allowed

HFT

Not allowed

Copy Trading

Allowed between same trader accounts

Max Funding

200K


Key Notes

  • Floating losses count toward drawdown

  • Trailing drawdown is based on initial balance

  • Once locked, it does not move again

Did this answer your question?