The formula
Daily floor = equity recorded at the UTC daily reset minus initial balance × plan daily-loss percentage. Breach occurs when current equity is less than or equal to the floor. Open P&L counts, as do any configured costs.
TRADING RULES
Daily loss. Measured in equity.
The daily limit measures net liquidation equity against a server-side daily reference.
A Standard 25K example
With reset equity of $25,000 and a 2.5% daily allowance of $625, the daily floor is $24,375. Equity of $24,400 leaves $25. Equity at $24,375 breaches the rule, even if some loss remains unrealized.
Positions across midnight
Positions stay open across 00:00 UTC. Reset equity includes their mark-to-market value. The allowance remains based on the initial account balance. The trailing floor does not reset.
Recorded reset reference
The daily reset uses the latest authoritative account equity observed at the UTC boundary. Review the reset reference in your account details; open positions continue to affect equity.