The Maximum Total Loss represents the total amount a trader can lose on their account.
At GF4X, the maximum total loss allowed is 7% of your initial account balance.
Example:
For a $100,000 account, the maximum total loss is 7% of the initial balance, which equals $7,000. This means your account equity, including unrealized or floating positions, must not fall below $93,000 ($100,000 – $7,000 = $93,000).
It’s essential to manage your trades carefully to stay within this loss limit and maintain account viability.