Blink Funding

When can I withdraw the gains in my Live Account and how does that affect my Maximum Trailing Drawdown?

Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing 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 Trailing 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 Trailing Drawdown rule. If you take a full withdrawal of the gains in your Live Account, the Maximum Trailing Drawdown will still lock in at the starting balance and will therefore result in the forfeiting of your Live Account, as your balance will trigger the Maximum Trailing Drawdown breach rule.

For further questions, please feel free to email Info@BlinkFunding.com
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