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Starboard - Trading Rules and Drawdown

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

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.


Max Drawdown (Static)

Feature

Details

Limit

10%

Type

Static

Basis

Initial balance


How It Works

The maximum drawdown does not move.

Example

Starting balance: 100,000
Max drawdown level: 90,000

  • Even if account grows to 110,000

  • The drawdown remains fixed at 90,000


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

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