Everything you need to know about how daily loss is calculated — answered simply, with nothing hidden in the small print.
1
The Basics
- Daily Loss Limit is the maximum amount you can lose in a single trading day.
- Daily Loss Limits by program:
- Instant Funding Lite: 4%.
- IF Micro Pro: 4%.
- IF Micro Lite: 3%.
- IF Starter: 2%.
- One-Phase Pro and One-Phase Crypto: 3%.
- One-Phase Micro and Two-Phase Micro: 4%.
- Two-Phase: 5%.
2
Calculation Time
- The Daily Loss Limit is recalculated every day at Market Rollover, 17:00 EST
3
What’s Used for Calculation: Balance or Equity?
- Balance: The amount of money in your account, excluding any unrealized profits or losses from open positions.
- Equity: The real-time value of your account, including profits or losses from open positions.
- Instant Funding uses whichever is higher between your Balance and Equity at 17:00 EST to calculate your Daily Loss Limit.
4
Example
- Let’s say you have a $100,000 account in the Two-Phase program.
- At 17:00 EST, your Balance is $102,000, and your Equity is $103,500.
- Since $103,500 (Equity) is higher than $102,000 (Balance), it is used for the calculation.
- Therefore, your Daily Loss Limit for the day will be 5% of $103,500, which equals $5,175.
5
Implications
- Your Equity and Balance are monitored daily.
- If either falls below the Daily Loss Limit, the account is breached.
