Max drawdown is determined by calculating the client’s running profit, minus the running profit of open trades, and subtracting this from the High Watermark (HWM). Running profit is the net profit of each trade collated including swap and commission charges. The drawdown will not take into account trades placed by the client themselves nor deposits or withdrawals.
If a deposit or withdrawal is made then your max drawdown will need to be reset to adjust to the new balance. You can also reset your max drawdown to take into account how trading has affected your balance.
The Drawdown figure displayed on the “Account” tab in the app is calculated differently and only takes into account realised profit and loss.”