How do the Daily Risk Limits function on OriginFx, and what are their parameters?

The daily drawdown limit on OriginFx Day Trader and Swing Trader Accounts is set at 5% of your start-of-day balance. This calculation includes any floating losses, swaps, and commission rates. The limit resets at midnight based on server time.

For example:

• Day 1: Starting balance of $100,000. You trade and earn a profit of +$2,000, resulting in an account balance of $102,000. The maximum allowable daily loss for the following day is 5% of $102,000, which is $5,100.
• Day 2: After a loss of -$1,000, your account balance is $101,000. The maximum daily loss for the next day is 5% of $101,000, amounting to $5,050.

Please note, these percentages may vary depending on how a trader customizes their account using the challenge builder. You can find details about your drawdown limits in your trader dashboard.