What Is the Maximum Daily Loss?

Written by Get Funding
Updated 4 months ago

Daily Loss Limit

The maximum daily loss is determined based on 4% of the higher of the Initial Account Balance or Equity at 5 PM EST. To calculate the daily drawdown, we take the greater of either the account balance or account equity at 5 PM EST, and subtract a fixed 5% of the initial balance to establish the daily loss limit for the following trading day.

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