What is the difference between daily drawdown and trailing lifetime drawdown in Maven Trading accounts?

Daily Drawdown is a limit on how much your account can lose from your balance or equity within a single day (reset at 00:00 UTC). The limit is calculated from the higher of your equity or balance at 00:00 UTC. For example, with a 4% daily drawdown on a $5,000 account where your equity at reset is $5,100, your maximum daily loss would be $204 (4% of $5,100), not $200 — because the equity was higher than the balance at reset time. If you hold an open trade overnight, your floating P&L is included in that equity figure, which can raise your drawdown reference and make a breach occur earlier than expected based on closed losses alone. The daily drawdown limit is dynamic: it resets every day at 00:00 UTC and changes as your account grows or shrinks.

Trailing (Maximum) Drawdown is a long-term limit based on the highest equity point your account has reached. It "trails" your account upward as you make profit. For instance, if you reach a peak equity of $5,100 and have a 5% trailing drawdown limit, your loss limit would be $255, meaning your account cannot drop below $4,845. As your peak equity increases, the trailing drawdown limit increases with it.

Key Difference: Daily drawdown resets every 24 hours, while trailing drawdown is based on your account's highest point ever reached and automatically adjusts upward (but never downward) as you gain your equity higher.

Updated on: 30/09/2026