I've been trading on a funded account and recently experienced some losses. I'm concerned about the implications and want to understand what happens when you lose money on such an account.
5 answers
Daniela
Fri Dec 13 2024
Once the Maximum Loss Limit is reached in such accounts, immediate action will be taken.
Federico
Fri Dec 13 2024
Specifically, the account will be closed automatically.
IncheonBlues
Fri Dec 13 2024
Account violations are strictly enforced for Funded Level accounts.
EmmaWatson
Fri Dec 13 2024
This closure occurs after the Trade Report has been updated.
GeishaWhisper
Fri Dec 13 2024
In the case of an Express Funded or Live Funded Account, there are no exemptions to this rule.