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Daily Drawdown: What You Need to Know

The Daily Loss Limit per account type and size, what happens when you hit it, and how it is calculated from your previous day's close.

The daily drawdown, also called the Daily Loss Limit (DLL), is a fixed dollar amount set per account type and size, roughly 1% to 2.5% of your account balance depending on the program. It helps manage risk and ensures responsible trading. This article shows the limit for each account size and explains what happens when you hit it and how it is calculated.

💡 Prefer to trade without a Daily Loss Limit? The No Daily Loss Limit add-on is available at checkout for Elite ACCESS, Elite ACCESS Intraday, Elite Daily and Ignite accounts, for about 30% more than the base price. On Elite ACCESS and Elite ACCESS Intraday, the evaluation price stays the same and the extra is added to the activation fee instead. The add-on can only be chosen during the initial checkout. Learn more: No Daily Loss Limit Add-On.

Daily drawdown per account size

Account type

$25,000

$50,000

$100,000

$150,000

Instant Sim Funded (purchased before 7/27/2026)

$625

$1,250

$2,500

$3,750

Instant Sim Funded 2.0 (purchased on and after 7/27/2026)

$625

$1,250

$2,500

$3,000

Elite Evaluation / Sim Funded

$625

$1,250

$2,500

$3,750

IGNITE Instant Funded

$500

$1,000

$2,000

$3,000

Elite ACCESS Evaluation phase

None

None

None

None

Elite ACCESS Funded

$500

$1,000

$1,250

$1,750

Elite ACCESS Intraday Evaluation phase

None

None

None

None

Elite ACCESS Intraday Funded

$500

$1,000

$1,250

$1,750

Elite Daily V2 Evaluation / Sim Funded

$500

$1,000

$1,250

n/a

X-Ultra (Evaluation and Funded)

n/a

$1,000

$1,500

$2,000

What happens if you hit the daily drawdown?

Event

What happens

Soft breach

Trading is paused for the rest of the day

Resume trading

You can continue the next day, as long as your account has not exceeded the Max Trailing Drawdown

Session open

When the new trading session starts, account reactivation is not instantaneous. System processing may take up to 5 to 10 minutes before trading is re-enabled

X-Ultra exception

On X-Ultra accounts, reaching the DLL is a hard breach and the account fails immediately. See the X-Ultra Daily Loss Limit (DLL) article

How is it calculated?

The Daily Loss Limit is a dynamic value calculated from your previous day's closing balance. To find your breach level for the current day, subtract the allowed daily loss from that balance.

Example

Value

Daily loss allowed

$625

Previous day's close

$26,000

Breach level for today

$26,000 - $625 = $25,375

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, at a different price than you expect, or fail to trigger. 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.

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