Daily Drawdown is initially calculated by 4% of your initial balance or scaled balance (balance after payout) of your account.
It is then calculated of the balance of each new day during market rollover (00:00 UTC+ 2).
Example scenario: If a user’s balance at the start of the new day (00:00 UTC+ 2) is $103,000, but their equity is $100,000, then the user’s daily stop-out level is $99,000 within the same day until the simulated equity resets with the user’s new registered balance at market rollover again
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To better understand your limits, always follow your account loss analysis, which is located in the top right corner of your dashboard.
In the example above, the starting equity of the simulated account was US$105,048.41, so the Loss level was US$100,048.41.
Loss level represents the amount that you can not exceed.
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