"Daily Loss Limit" refers to a rule that sets the maximum amount of loss a trader is allowed to incur within a single day. If this limit is exceeded, the trading account will be automatically closed, and the trader will not be allowed to open any new trades for the remainder of that day.
This rule is designed to protect traders from excessive losses and to promote financial discipline.
PRO 2-Step
Starting from 05:00 Ulaanbaatar time (GMT+8), within a 24-hour period—before the next day’s daily limit resets—you must not incur an Unrealized Loss exceeding 5% of your account's Equity/Balance.
Expert 1-Step
Starting from 05:00 Ulaanbaatar time (GMT+8), within a 24-hour period—before the next day’s daily limit resets—you must not incur an Unrealized Loss exceeding 3% of your account's Equity/Balance.