The Daily Drawdown rule sets the maximum amount you can lose within a single trading day, based on your starting equity (including both realized and unrealized profits or losses). This rule helps manage risk by limiting the daily loss you can incur. The drawdown period spans 24 hours, starting from 00:00 GMT+3 server time.
Daily Drawdown Limits for Funded Account Challenges:
Phase 1: 5% of the starting balance
Phase 2: 5% of the starting balance
Funded Account Phase: 5% of the starting balance
How can I track my Daily Drawdown limit?
You can easily track your Daily Drawdown limit in your dashboard. Simply visit the Challenge Account page, where your daily drawdown will be automatically calculated and displayed. This allows you to monitor your performance and ensure you stay within the limits.