All Collections
General FAQ
Account Information
What is the Maximum Daily Drawdown Limit?
What is the Maximum Daily Drawdown Limit?
Updated over a week ago

For Evaluation, Express, Stellar Lite, and Stellar 2-Step:

Traders are allowed to lose 5% of their initial account balance on any given day as their daily drawdown. If your initial account balance is $100,000, then 5% of the amount is $5000. At any point in a day, if the (running + closed) loss exceeds $5000 it will be considered a daily drawdown rule violation.

For Stellar 1-Step:

Traders are allowed to lose 3% of their initial account balance on any given day as their daily drawdown in the Stellar 1-Step account. If your initial account balance is $100,000, then 3% of the amount is $3000. At any point in a day, if the (running + closed) loss exceeds $3000, it will be considered a daily drawdown rule violation.

For Stellar Lite:

In the Stellar Lite account, traders are permitted to lose a daily drawdown of 4% from their initial account balance. For instance, with an initial balance of $50,000, this equates to $2000. If the total loss (running + closed) exceed this limit at any point during a day, it will be considered as a violation of the daily drawdown rule

To get more information regarding how the daily loss limit is calculated, kindly click here

Please refer to the image below for details about the daily drawdown:

Did this answer your question?