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What happens if the daily loss limit is reached on a LIVE account while in profit?

Updated over 2 months ago

If your LIVE account is closed due to a daily drawdown rule violation while it is in profit, the trader may still be eligible to receive 50% of the total profit. To receive the 50% profit, the following conditions must be met:

  1. You did not use excessive margin or trade at maximum allowable risk

  2. You have traded for more than 10 separate days.

  3. A Stop Loss was placed on every trade

  4. You did not violate the “User Agreement,” “Terms of Service,” or “Privacy Policy.”

According to the Terms of Service, if a user commits any of the following violations, their trading history will be considered invalid, profit sharing will be denied, and the evaluation account will be terminated.

These violations include:

  1. The user’s information does not meet the required standards

  2. Participating in trades using multiple accounts simultaneously or opening opposite (hedge) trades

  3. Engaging in high-risk, margin-maximized trading

  4. Exploiting weaknesses of the platform, such as trading on price delays or opening opposing trades using two accounts

  5. Engaging in Tick Scalping, Arbitrage, trading based on third-party signals, allowing others to manage their account, or similar activities

  6. Violating rules related to news trading or weekend trading

  7. Breaching the “Client Agreement,” “Terms of Service,” or “Privacy Policy”

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