Here’s a detailed breakdown of the daily and maximum Loss limits for the Trade Master Cup:
Daily Loss Limit:
The Daily Loss Limit is 5% of your initial balance.
For example, if your account balance is $100,000, the maximum you can lose in a single day is $5,000.
If you hit this limit, the account will be breached, and you will need to reset your account to continue trading.
Overall Loss Limit:
The Overall Loss Limit is 10% of the initial balance.
For example, if your account balance is $100,000, the total allowable loss throughout the Trade Master Cup Competition is $10,000.
If your balance reaches this loss limit, your account will be breached, and you will need to reset your account to continue trading.