At FPFX, the daily loss limit is determined based on the specific challenge type:

• For the Two Steps Challenge, the maximum allowable loss for the day is capped at 5% of the initial balance.
• For the One Step Challenge, the daily loss limit is restricted to 4% of the initial balance.
• For the Three Step Challenge, the daily loss limit is restricted to 5% of the initial balance.
• For the FPFX Pro, the daily loss limit is restricted to 5% of the initial balance.

This limit is reset at midnight according to server time, which is GMT+3 during summer and GMT+2 during winter.

For instance, In Two Steps Challenge with a $100,000 account, if your loss limit is $5,000 and you have incurred $4,000 in closed trades, you may only sustain an additional loss of $1,000, which includes unrealized losses, swaps, and commissions. Surpassing this limit would be considered a breach of the rules.

• In a Profit scenario, if you earn $5,000 in a single day, your daily loss limit would increase to $10,000, combining the $5,000 profit with the original daily loss limit. Any losses exceeding this total, whether realized or unrealized, would constitute a violation.

• Regarding Floating losses, if you experience a $4,000 loss and have an open trade with a floating loss of -$1,500 that subsequently closes at +$500, you would have violated your limit if your total loss at any point during the trade exceeded $5,000.

It is essential to continuously monitor your trades and comprehend how daily losses and gains affect your account to remain compliant with the established limits.