The Daily Loss Limit is a specified amount that you, as the trader, are able to lose in a day, either on your total asset amount or on a single trade. This is a regulation that puts the responsibility for your trades into your own hands, teaching you to understand the risks and to trade in a strategic and disciplined way, understanding and closely following the money management rules.
Our daily loss limits are set according to the size of the trading account, ensuring realistic risk management for the individual trader. Your account will be carefully watched during the course of each trading day to evaluate whether you have reached or surpassed your daily loss limit.
If this does occur, any open trade positions may be closed immediately, and your account will be deactivated automatically, after which a reset fee will have to be paid. All fees and commissions on your profile are taken into account when calculating your daily losses, so it is essential that you keep track of your assets from the trading platform, and do not allow your losses to exceed this limit.