Cryptocurrency Q&A
What is the maximum loss on FundedNext?
What is the maximum loss on FundedNext?
HanRiverVision
Sun Dec 08 2024
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5 answers
1096
I'm curious about the potential downside of investing through FundedNext. Specifically, I want to know what the maximum loss could be if things don't go as planned.
5 answers
CryptoMystic
Tue Dec 10 2024
They are permitted to lose up to 3% of their initial account balance on any given day.
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Federico
Tue Dec 10 2024
For instance, if your initial account balance is $100,000, the 3% Daily Drawdown would amount to $3001.
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Carlo
Tue Dec 10 2024
This limit is designed to protect traders from experiencing significant losses in a single day.
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AmyDavis
Tue Dec 10 2024
Importantly, your Daily Loss Limit remains the same regardless of whether you make a profit or incur a loss on that day.
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Alessandra
Tue Dec 10 2024
Traders on the Stellar 1-Step account have a specific Daily Drawdown limit.
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