When a withdrawal is approved, we will also withdraw our share of the gains, and your max drawdown will lock in at your starting balance.
The drawdown does not reset when you request a withdrawal.
Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000.
This would also take the balance of the account down to $104,000, and your Maximum Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Drawdown rule.
If you take a full withdrawal of the gains in your Funded Account, the Maximum Drawdown will lock in at the starting balance and trigger the Maximum Drawdown breach rule, resulting in the forfeiture of your Funded Account.
