One important part of this is avoiding situations where a single trade idea, or multiple trades on the same symbol, uses a substantial portion of the account’s allowable daily loss.
This applies to floating loss, not only closed loss.
What is the max floating loss trigger?
If a trader reaches the following floating loss on the same symbol in a funded account, the account will be automatically restricted:
2-Step Funded Accounts and Instant Pro: 3% floating loss on the same symbol
1-Step Funded Accounts, Instant Funding, and Phoenix: 2% floating loss on the same symbol
What happens if this limit is triggered?
If the floating loss trigger is reached:
all open trades on the affected funded account will be closed automatically
the trader will receive an automatic email notification
the trader will not be able to place more trades until the next daily reset
the account will be moved to a 1.5% risk-per-trade-idea limit
The daily reset time is 22:00 UTC.
The first 2% or 3% floating loss trigger is treated as a warning and risk-control action. It is not an immediate account breach.
However, once the account is moved to the 1.5% risk-per-trade-idea limit, this limit becomes strict.
What is the 1.5% risk-per-trade-idea limit?
The 1.5% risk-per-trade-idea limit means that a trader must not allow floating loss on one symbol or trade idea to exceed 1.5% on the affected funded account.
If the trader exceeds the 1.5% limit after being moved to this restriction, the affected funded account will be breached.
This is no longer a warning.
Does this affect all of my funded accounts?
No. If a trader has multiple funded accounts, only the funded account that exceeds the 2% or 3% floating-loss trigger will be moved to the 1.5% risk-per-trade-idea limit.
If the trader later exceeds the 1.5% limit, only the funded account that exceeds the 1.5% limit will be breached.
Can the 1.5% risk limit be removed?
Yes.
The 1.5% temporary risk limit can be removed after:
14 days
20 trades on a separate funded account
The trader must remain within the temporary risk limit during this period.
Why does Moneta Funded apply this rule?
This is part of Moneta Funded’s Risk Management & Trading Conduct rules.
Allocating a substantial or majority portion of the allowable daily loss to a single trade idea, whether through realized losses or stop-loss exposure, may result in temporary risk limits being applied.
This control is designed to encourage responsible funded-account risk management and reduce excessive concentration on one symbol or trade idea.
For more information, please review:
help.monetafunded.com/en/articles/13793046-temporary-risk-limits-on-funded-accounts