What is the Daily Loss Limit?

The Daily Loss Limit at FXIFY Futures is designed to help traders manage intraday risk effectively by setting the maximum allowable loss in a single trading session.

Daily Loss Limit by Plan Type

Flex Account:

• $50,000: $1,000 (2%)
• $100,000: $2,000 (2%)
• $150,000: $3,000 (2%)

Flex Plan Add-On: Flex traders can remove the Daily Loss Limit entirely by purchasing an optional add-on at checkout for 15% of the order price.

Direct Account:

• $25,000: No Daily Loss Limit
• $50,000: $1,000 (2%)
• $100,000: $2,000 (2%)
• $150,000: $2,500 (1.7%)

How the Daily Loss Limit is Calculated

Suppose you have a $100,000 Flex Account (Daily Loss Limit = 2% = $2,000).

• At the start of the day, your account balance is $102,000.
• The Daily Loss Limit applies to the starting balance, so your maximum allowable loss for the day is:

$102,000 – $2,000 = $100,000
This means that during that trading day, your balance must not fall below $100,000.

• If it does, your account will be closed for trading for the rest of the day.
• The next day, the limit resets based on your new starting balance.

What Happens If You Breach the Daily Loss Limit?

Reaching the Daily Loss Limit is considered a soft breach:

• Your account will be set to read-only mode and closed for trading for the remainder of the trading day.
• It is not a hard breach and will not cause you to fail your evaluation or lose your funded account.
• Trading automatically resumes the following trading day, with the daily loss limit resetting based on your new starting balance for that day.