Cryptocurrency Q&A
What happens if I lose all the money on a funded trading account?
What happens if I lose all the money on a funded trading account?
GyeongjuGloryDays
Mon Dec 09 2024
|
5 answers
1171
I'm concerned about the possible consequences if I end up losing all the money in my funded trading account. Will I be liable for any debts or additional charges? What are the general outcomes in such situations?
5 answers
Sara
Wed Dec 11 2024
If the Maximum Loss Limit rule is violated in either the Express Funded Account or the Live Funded Account, immediate consequences will be imposed.
Was this helpful?
387
44
StormGlider
Wed Dec 11 2024
Specifically, the account in question will undergo automatic closure at the conclusion of the trading day.
Was this helpful?
57
74
mia_rose_painter
Tue Dec 10 2024
This closure will be effective regardless of any ongoing trades or positions within the account.
Was this helpful?
346
72
SejongWisdomKeeper
Tue Dec 10 2024
Post 5 PM CT, an updated Trade Report will be available, reflecting the final status of the account.
Was this helpful?
170
37
Raffaele
Tue Dec 10 2024
Subsequently, an email notification will be sent to the account holder, providing comprehensive details about the account's status and outlining the subsequent steps to be taken.
Was this helpful?
211
88
