The Daily Loss Limit (DLL) is the maximum amount your account can lose within a single trading day. On Elite ACCESS it applies only to the funded account. There is no Daily Loss Limit during the evaluation.
Evaluation phase
There is no Daily Loss Limit during the evaluation phase.
You are not restricted by a daily loss limit.
Your only risk limit is the EOD trailing drawdown.
You can trade freely within the overall drawdown rules.
Funded phase (soft breach)
Once funded, a Daily Loss Limit applies and must be respected at all times.
Account size | Daily Loss Limit ($) | Daily Loss Limit (%) |
$25,000 | $500 | 2.00% |
$50,000 | $1,000 | 2.00% |
$100,000 | $1,250 | 1.25% |
$150,000 | $1,750 | ~1.17% |
Soft breach: if the Daily Loss Limit is reached or exceeded, your account is paused for the rest of the day. Open positions may be closed, and the account becomes active again after the rollover period.
How the Daily Loss Limit works
The DLL is calculated based on your starting balance for the day.
It represents the maximum loss allowed within that trading day.
It resets once per day, and the new limit is based on your updated account balance.
What counts toward the DLL
Closed losses
Open (floating) losses
Commissions and fees
You must always account for floating drawdown, not just closed trades.
Good to know
The DLL applies only to funded accounts. There is no daily restriction during the evaluation.
Breaching the DLL results in a soft breach (pause until end of day), not a termination of the account.