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What is High-Water Mark?
What is High-Water Mark?
Updated over 4 months ago

The High-Water Mark (HWM) is the highest equity achieved on a particular account.

The HWM value is updated once per day at the beginning of the trading day in the SwiftTrader account and this value is used as the source for calculating the maximum possible loss value. The HWM represents the value of the highest profit achieved. The value of the maximum profit is not reduced. It is always higher or remains the same. The HWM is only reduced if the client's performance reward is withdrawn from the account, when the HWM is recalculated and subsequently reduced.

Current SOD High-Water Mark is displayed in the overview of the SwiftTrader account in MyFintokei.

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