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?
6 answers
Riccardo
Mon Dec 09 2024
The automatic closure serves as a safety mechanism, preventing further detrimental impacts on the trader's finances.
Andrea
Mon Dec 09 2024
When a trader encounters the maximum loss limit in an Express Funded Account, it triggers an automatic closure process.
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.
Dario
Mon Dec 09 2024
This closure occurs at the end of the trading day, ensuring a definitive end to further trading activities.
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.