The daily drawdown is set between 2.0% - 2.5% of your account balance. This helps manage risk and ensures responsible trading. Here’s how it looks for each account size:
Instant Sim Funded:
$25,000 Account: $625
$50,000 Account: $1,250
$100,000 Account: $2,500
$150,000 Account: $3,750
S2F Sim Pro:
$25,000 Accounts: $500
$50,000 Account: $1,000
$100,000 Account: $2,000
$150,000 Account: $3,000
🚨 Note: For the current Ignite AF promotional accounts (limited-time offer), the daily loss limit is 2%. Specifically, for these accounts, the limit is set at:
$25,000 Account = $500
$50,000 Account = $1,000
How Is It Calculated?
The Daily Loss Limit is a dynamic value calculated based on your previous day's closing balance.
Let's use an example to illustrate:
Rule: The daily loss allowed is $625.
Previous Day's Close: Let's say you ended the previous day with a balance of $26,000.
To find your breach level for the current day, you simply subtract the allowed loss from that balance:
$26,000 (Previous Close) - $625 (Daily Loss) = $25,375
This means that if your account's equity drops to $25,375 at any point during the current trading day, the system will automatically execute market orders to liquidate all of your open positions.
⚠️ Important Disclaimer:
The Daily Drawdown Limit (DLL) is a risk management tool, not a stop loss. It should never be relied on to close your trades at a specific loss amount.
Due to market volatility, slippage, and execution speed, the DLL can execute late, early, or at a different price than you expect.
If you want to control your risk as best as possible, you must place hard stop loss orders directly on your trades. Relying solely on the DLL can result in losing more than intended.
Top One Futures is not responsible for any losses that exceed the daily drawdown limit. Any loss beyond your allowed threshold is the trader’s responsibility.
What Happens If You Hit the Daily Drawdown?
Soft Breach: Trading is paused for the rest of the day.
Resume Trading: You can continue the next day, as long as your account hasn’t exceeded the Max Trailing Drawdown.
How Is It Calculated?
The Daily Loss Limit is a dynamic value calculated based on your previous day's closing balance.
Let's use an example to illustrate:
Rule: The daily loss allowed is $625.
Previous Day's Close: Let's say you ended the previous day with a balance of $26,000.
To find your breach level for the current day, you simply subtract the allowed loss from that balance: $26,000 (Previous Close) - $625 (Daily Loss) = $25,375
This means that if your account's equity drops to $25,375 at any point during the current trading day, the system will automatically execute market orders to liquidate all of your open positions.