Your Daily Loss limit caps how far your equity may fall during a single trading day.
📏 How it is measured
The limit is measured downwards from your equity at the start of the trading day — your equity as it stood at 00:00 UTC. The allowance itself is a percentage of your starting balance, not of today's equity, so it does not grow when you are in profit.
Example: on a $10,000 account with a 5% daily limit, your allowance is $500.
If your equity at 00:00 UTC at one day was $10,200, your account closes if equity reaches $9,700 — that is $500 below where the day began.
The calculation is based on equity, not balance. Floating profit and loss on open positions counts towards it, and so do commissions and swaps. This means the limit can be reached without closing a single trade.
🔄 The daily reset
The allowance returns to its full amount at 00:00 UTC, when a new trading day begins. Your dashboard shows a live countdown to the reset as Daily Loss Update.
⚠️ What happens at the limit
Reaching the limit at any moment during the day closes the account immediately, even if the market recovers afterwards.
The percentage differs by plan. The limit that applies to your account, and how much of it you have used, are shown on the Loss Limit card in your account dashboard.
The complete set of risk rules that applies to your account is set out in Risk Rules.
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