Daily Loss Limit — Equity-Based
Applicable to all FPFX challenge and funded accounts.
What Is the Daily Loss Limit?

The Daily Loss Limit defines the maximum amount your account equity may fall within a single trading day. At FPFX, this limit is equity-based — meaning both closed (realized) losses and open (floating) losses, including swaps and commissions, are counted toward your daily limit at all times.

This ensures real-time risk control based on your live account equity — not just your closing balance.
Daily Loss Limits by Account Type

When Does the Limit Reset?

The daily loss limit resets automatically at midnight server time each day
           Summer: Midnight GMT+3
           Winter:     Midnight GMT+2
How Is It Calculated?
Your daily loss limit is measured from your equity at the start of each trading day. If at any point during the day your equity drops below the permitted threshold — whether through closed trades, open floating losses, swaps, or commissions — it is considered a breach.
Example 1 — Loss Scenario

Account: Two Step Challenge — $100,000

Daily loss limit: 5% = $5,000

You close trades with a total loss of $4,000. Your remaining buffer is $1,000. If your floating losses, swaps, or commissions push your equity down by a further $1,000 or more at any moment — even briefly — the daily limit is breached.

Important — Monitor Your Equity Continuously

The daily loss limit is evaluated in real time, not at the end of the day. A breach occurs the moment your equity touches the limit — regardless of what happens afterward. Traders are responsible for monitoring their live equity at all times, including the impact of open floating positions, swap charges, and commissions.
What Happens If the Daily Limit Is Breached?

A daily loss limit breach is a hard breach. The account is terminated immediately and permanently. No payout is issued on a hard-breached account.