At PIP Traders Funding, risk management remains the foundation of our program. Once you successfully complete your evaluation (1-Step or 2-Steps) and become a Certified PIP Trader, your account transitions into a SIM Funded Account with clear drawdown rules.
Every SIM Funded Account is subject to two main limits:
Overall Drawdown (Static – 10%)
Daily Drawdown (Trailing EOD – 5%)
🔐 Overall Drawdown (Static) – SIM Funded
The Overall Drawdown in a SIM Funded Account is a fixed 10% based on your initial account balance.
This threshold never changes.
It represents the maximum loss allowed from your starting balance.
Breaching this rule results in immediate account termination.
Example:
In a $100,000 SIM Funded Account, your Overall Drawdown limit is $90,000.
Falling below this level at any time will breach your account.
📆 Daily Drawdown (Trailing EOD) – SIM Funded
The Daily Drawdown in SIM Funded Accounts is 5% trailing, recalculated each trading day.
It is based on the previous day’s closing balance/equity (whichever is higher), recorded at 00:00 GMT+3 (platform time).
Each new trading day, the limit resets to 5% below that figure.
If your equity falls below the limit at any time during the day, the account is breached.
Example:
If your balance/equity at 00:00 GMT+3 is $120,000, your Daily Drawdown limit is $114,000.
If your equity drops below $114,000 at any time during the day, the account will be terminated.
✅ Summary – SIM Funded Accounts
Overall Drawdown: 10% Static, based on the initial account balance.
Daily Drawdown: 5% Trailing EOD, recalculated daily.
👉 Breaching either rule results in account termination.
At PIP Traders Funding, we support disciplined traders who manage risk responsibly. If you’re ever unsure how your drawdowns are being calculated, reach out to our support team — we’re here to help.