The Maximum Daily Loss represents the maximum amount your account can lose within a single trading day before it is considered breached.
This limit is recalculated daily based on the following rule:
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Daily Loss Limit = Higher of (Equity or Balance at 22:00 UTC) − (4.5% of Initial Balance) |
If, after the limit is set, your equity or balance falls below the Daily Loss Limit at any time, the account is considered breached.
Note: The daily loss calculation includes floating P/L, closed P/L, swaps, and commissions.
Example:
- Initial Balance: $10,000
- Higher of Equity/Balance at 22:00 UTC: $10,356
- 4.5% of Initial Balance: $450
- Daily Loss Limit: $10,356 − $450 = $9,906
If your equity or balance drops below $9,906 at any time after the limit is set, the account will be breached.
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