Cryptocurrency Q&A What is the daily loss on FundedNext?

What is the daily loss on FundedNext?

CryptoPioneer CryptoPioneer Mon Dec 09 2024 | 5 answers 1078
I am curious to know the amount of money that is lost each day on the platform called FundedNext. I want to understand the daily loss incurred on this platform. What is the daily loss on FundedNext?

5 answers

CryptoQueen CryptoQueen Wed Dec 11 2024
This means that, regardless of whether the trader makes a profit or incurs a loss, their Daily Loss Limit remains at $5001.

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GwanghwamunGuardianAngel GwanghwamunGuardianAngel Wed Dec 11 2024
Traders are permitted to experience a Daily Drawdown of 5% on their initial account balance each day.

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Elena Elena Wed Dec 11 2024
This regulation is set to ensure that traders do not incur excessive losses in a single day.

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MysticEchoFirefly MysticEchoFirefly Wed Dec 11 2024
For instance, if a trader's initial account balance is $100,000, their Daily Drawdown would be $5001.

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Carolina Carolina Tue Dec 10 2024
BTCC, a top cryptocurrency exchange, offers a range of services to traders. These include spot trading, futures trading, and a wallet service.

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