Daily Pause allowance is initially calculated by 2 % of your initial balance or scaled balance (balance after making a payout) of your account.
It is then calculated of your starting balance of each new day during market rollover (00:00 UTC + 2). It is a fixed figure which you can follow from the top right corner of your account dashboard.
When you reach the 2 % daily pause limit, all trades are closed within 30 - 180 seconds after the violation. It is not instant, so we advise using SL on each trade to avoid losing more than 2 %.
Balance-based drawdown means that the stop-out level is set each day based on your starting balance instead of equity. It is important to know that drawdowns are still violated if your equity drops below the limit.