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Elite ACCESS Intraday - Daily Loss Limit (DLL)

Elite ACCESS Intraday – Daily Loss Limit (DLL)

The Daily Loss Limit (DLL) defines the maximum amount your account can lose within a single trading day.

Evaluation Phase

There is no Daily Loss Limit during the evaluation phase.

What This Means

  • You are not restricted by a daily loss limit.

  • Your only risk limit is the EOD Trailing Drawdown in the challenge phase.

  • 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 alongside the Intraday Trailing Drawdown for the funded accounts.

Daily Loss Limit by Account Size

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%

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.

  • If the limit is reached or exceeded, it is considered a soft breach (account is paused until EOD).


What Counts Toward the DLL

The following are included:

  • Closed losses

  • Open (floating) losses

  • Commissions and fees


Daily Reset

  • The Daily Loss Limit resets once per day at the end-of-day rollover.

  • The new daily limit is based on your updated account balance.


Rule Violations

If the Daily Loss Limit is breached:

  • The account will be paused for the rest of the day.

  • Open positions will be automatically closed.

  • The account becomes active again after the market rollover period.


Important Notes

  • The DLL applies only to funded accounts (the evaluation phase has no daily loss limit).

  • Funded accounts feature both a Daily Loss Limit and an Intraday Trailing Drawdown.

  • You must always account for floating drawdown, not just closed trades.


Summary

  • Evaluation: No Daily Loss Limit.

  • Funded: DLL applies and must be respected at all times.

  • Violation: Breaching the DLL results in a Soft Breach (account paused until rollover).

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