End of Day Max Loss Limit
The most your account can ever lose: $1,000 (25K), $2,000 (50K), $3,000 (100K) or $4,500 (150K). It is checked on your end-of-day balance. On a 50K Prime it starts at $48,000.
If an end-of-day balance closes at or below the limit, it is a hard breach: the account is closed permanently.
Daily Loss Limit
The most you can lose in one trading day, measured from your last end-of-day balance.
Size | Daily Loss Limit |
25K | $600 |
50K | $1,200 |
100K | $1,800 |
150K | $2,700 |
Example, 50K Prime: yesterday closed at $51,000, so today's limit level is $49,800.
Hitting it is a soft breach: the account isn't closed, it's locked for the next 24 hours and then you can trade again.
Contracts
No scaling plan: your full allowance applies from day one in both stages. One mini equals ten micros, and you can mix them as long as the total never exceeds your mini limit. On a 50K, 2 minis + 20 micros = 4 minis.
