What's your daily drawdown?

We offer a daily drawdown of 5%, which is calculated off your start of day balance. This calculation includes any floating losses, swaps, and commission rates. Starting day balance refers to the balance of your account at the beginning of each day. The limit will reset at midnight based on server time.

For example:

Your initial account balance is $100,000.

Day 1: You earn a profit of $2,000, increasing your balance to $102,000.

Day 2: Your start of day balance is $102,000. The maximum daily loss allowed is 5% of your start of day's balance, which amounts to $5,100($102,000 x 5%). Therefore, if losses occur, your account balance should not drop below $96,900 ($102,000 - $5,100).

If your losses do exceed this daily limit your account will be breached.