Important Points
The Daily Loss Limit is calculated based on your Balance or Equity, whichever is higher, at the rollover snapshot, minus the Daily Loss amount for your account size.
The Daily Loss amount is calculated based on your initial account size.
A violation occurs if Equity drops below the calculated Breach Level.
The rollover snapshot occurs at 10:00 PM UTC.
$50,000 Example
1% of $50,000 = $500.
Fresh rollover value: $50,000
Daily Loss amount: $500
Breach Level: $49,500
$100,000 Example
1% of $100,000 = $1,000.
Fresh rollover value: $100,000
Daily Loss amount: $1,000
Breach Level: $99,000
Example with Profit at Rollover
$100K account:
Balance: $101,500
Equity: $102,000
Higher value used: $102,000
Daily Loss amount remains $1,000 because it is based on the original $100,000 size.
Breach Level: $101,000
Example with Floating Loss at Rollover
$100K account:
Balance: $100,000
Equity: $99,400
Higher value used: $100,000
Daily Loss amount: $1,000
Breach Level: $99,000
The account already has $600 floating loss at rollover, leaving a $400 equity buffer before the Daily Loss Level is reached.