Cryptocurrency Q&A What happens if you lose money on a funded account on Topstep?

What happens if you lose money on a funded account on Topstep?

GalaxyGlider GalaxyGlider Sun Dec 08 2024 | 6 answers 1217
I'm concerned about the potential consequences if I end up losing money on a funded account through Topstep. Could someone explain what would happen in such a scenario? What happens if you lose money on a funded account on Topstep?

6 answers

Riccardo Riccardo Mon Dec 09 2024
The automatic closure serves as a safety mechanism, preventing further detrimental impacts on the trader's finances.

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Andrea Andrea Mon Dec 09 2024
When a trader encounters the maximum loss limit in an Express Funded Account, it triggers an automatic closure process.

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CryptoLord CryptoLord Mon Dec 09 2024
BTCC, as a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. These services cater to traders with diverse needs and preferences.

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Dario Dario Mon Dec 09 2024
This closure occurs at the end of the trading day, ensuring a definitive end to further trading activities.

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CryptoChieftain CryptoChieftain Mon Dec 09 2024
The purpose of the maximum loss limit is to protect the trader from incurring additional losses beyond a certain threshold.

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