A fixed floor lets a trader plan a whole evaluation from one number. It also means a good run genuinely buys room rather than tightening the account, which suits a strategy with long, uneven profit curves. The cost is on the other side of the ledger: the 2 Step is two phases, carries a consistency rule, and asks for three trading days.
Risk limits
Non-trailing drawdown:one number, fixed.
A non-trailing drawdown is measured against your starting balance and never follows your equity up. The 2 Step uses 8%, so a $100,000 simulated account stops out at $92,000 however far into profit you run. Instant trails instead, which is the tighter arrangement.
The rule
What is static, non-trailing drawdown?
Percentages are what the industry publishes. These are the same rules in dollars, worked on a $100,000 simulated account, so there is nothing left to convert.
- 2 Step max drawdown8% of $100,000
- $8,000
Equity-based, but measured against the starting balance rather than a moving high.
- Stop-out level
- $92,000
This number never moves for the life of the account.
- Cushion at break-even
- $8,000
The room you start with.
- Cushion at $115,000
- $23,000
Profit adds to the cushion instead of raising the floor.
- 2 Step free retake4% of $100,000
- $4,000
Still non-trailing, but the floor sits at $96,000 instead.
Plan applicability
Which programmesthis rule applies to
Our three programmes do not share one rulebook. This table is the part of the page to read before you buy.
- InstantDoes not apply
No - trails
Instant uses a 5% trailing drawdown. The floor follows your equity high, so it is not fixed.
- 1 StepDoes not apply
No - trails, then locks at $100,000
The floor starts at $92,000 and trails $8,000 below your equity high. Once equity peaks at $108,000 the floor reaches your $100,000 starting balance and locks there - it does not trail past it. From that point it is a fixed floor, but not from day one.
- 2 StepApplies
Yes - 8% fixed
The floor is $92,000 on a $100,000 account from the first trade to the last.
Why it exists
The reasoning,stated plainly
Worked example
The same rule,as a number
A $100,000 simulated account, because that is the size most people are deciding about.
A $100,000 2 Step account through a good month
The floor is the same number at every step of this.
- Start
- $100,000
Floor $92,000, cushion $8,000
- After phase 1 target
- $108,000
Floor $92,000, cushion $16,000
- Drawdown back to break-even
- $100,000
Still inside the rules. You gave back profit, not room.
On a trailing account the same sequence would have moved the floor up to roughly $103,000 and the retracement would have been a breach. That is the whole difference between the two.
Commonly misread
What tradersget wrong here
Every item below has cost somebody an account. They are published for that reason rather than for completeness.
“Non-trailing means balance-based”
It is still measured on equity. An open floating loss that takes equity through the floor breaches the account even though the balance has not moved.
“It applies to every GFN programme”
It does not. Instant uses a 5% trailing drawdown, and the 1 Step's 8% trails too until it locks at your starting balance. This page exists so nobody buys the wrong one on that assumption.
The full cluster
Every questionabout this rule
The answers our support team works from, each on its own page.
What is fixed drawdown?
A fixed drawdown level is calculated relative to a defined account level and does not continue trailing upward simply because the account makes additional profit.
What is relative or trailing drawdown?
A relative or trailing drawdown can move as the account reaches new performance highs according to the rules of the specific program.
Is Maximum Drawdown the same on every GFN plan?
No. Different plans can use different Maximum Drawdown limits and calculation methods.
What is the GFN 2 Step Evaluation?
The 2 Step program contains two Evaluation phases.
What happens if the account touches the Maximum Drawdown level?
If your account reaches or exceeds the defined hard breach limit according to the program's calculation method, the account can be breached.
Related rules
The rulesthat sit next to this one
What is trailing drawdown?
A trailing drawdown follows your equity high upward. Instant uses 5% trailing - $5,000 on a $100,000 account. The 2 Step drawdown never trails.
What is maximum drawdown?
Maximum drawdown is 5% on Instant and 8% on 1 Step and 2 Step - $5,000 or $8,000 on a $100,000 simulated account, measured on equity.
What happens if I fail?
The 2 Step includes one free retake after a hard breach. The retake runs tighter: 3% daily loss limit, 4% drawdown and a 60% share.
2 Step: the full rule sheet
Every objective on the 2 Step programme, in dollars, at all six account sizes.
1 Step: the full rule sheet
Every objective on the 1 Step programme, in dollars, at all six account sizes.
Ready when you are
Your capital stays yours.The risk is ours.
One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation