The Maximum Daily Loss for the BEM Classic – Swing account is 4.5% of the initial balance, representing the maximum amount your account can lose within a single trading day before it is considered breached.
This limit is recalculated daily at 22:00 UTC based on the following rule:
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Daily Loss Limit = Balance − (4.5% of Initial Balance) |
If, after the daily limit is set, your equity or balance falls below this level at any time, the account is considered breached and will be terminated.
Note: The daily loss calculation includes floating P/L, closed P/L, swap fees, and commissions.
Example:
- Initial Balance: $10,000
- 4.5% of Initial Balance: $450
- Balance at 22:00 UTC: $10,200
Daily Loss Limit: $10,200 − $450 = $9,750
If your equity or balance drops below $9,750 at any time during the day, the account will be considered breached.
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If you have any questions, please contact our support team at [email protected].