How Daily Loss Is Calculated

The Daily Loss Limit is 5% on Two-Phase or 3% on One-Phase.

As an account rolls past midnight (MetaTrader server time), the Daily Loss Limit is calculated for the day. The calculation takes the higher of your Balance or Equity at this time.

EXAMPLE:

Let’s say for example you have a $100,000 Two-Phase challenge. Your Balance is at $102,000 while your Equity is at $103,500.

As the Equity is higher, we will use this value, resulting in a larger daily loss limit for our traders.

DAILY LOSS LIMIT FORMULA:

Then $103,500 (Equity at 00:00) X 5% (Daily Loss Limit) = $5,175

This is your Daily Loss limit, until the next roll-over at midnight.

You can also see this in your Dashboard! (Updates every 15 minutes)

Daily Drawdown is calculated via Equity and Balance. If your equity or balance falls below the Daily threshold your account will be permanently breached.

You can remove your daily loss once you have made your first payout, your account must be 60 days old. This is also removed at the maximum scale ($1,250,000).

You can withdraw profits left in the account after breaching Daily Loss, the profit split on this will be reduced to 50%.