FXRK

At FXRK, the daily loss limit is calculated according to the type of challenge:

Two Steps Challenge: You cannot lose more than 5% of the initial balance for the day.

One Step Challenge: You cannot lose more than 3% of the initial balance for the day.

- Two Steps Challenge: You cannot lose more than 5% of the initial balance for the day.
- One Step Challenge: You cannot lose more than 3% of the initial balance for the day.

This limit resets at midnight (server time: GMT+3 in summer, GMT+2 in winter).

$100,000 account: If your limit is $5,000 and you've lost $4,000 in closed trades, you can only lose $1,000 more, including unrealized losses, swaps, and commissions. Exceeding this limit would constitute a violation.

Profit Scenario: If you make $5,000 in a day, your daily loss limit increases to $10,000 ($5,000 profit + $5,000 daily loss limit). Exceeding this amount, including both open and closed losses, would be a violation.

Floating Loss: If you have a $4,000 loss and an open trade with a -1,500 floating loss that later closes at +500, you would have exceeded your limit if at any point during the trade your total loss exceeded $5,000.

- $100,000 account: If your limit is $5,000 and you've lost $4,000 in closed trades, you can only lose $1,000 more, including unrealized losses, swaps, and commissions. Exceeding this limit would constitute a violation. 
- Profit Scenario: If you make $5,000 in a day, your daily loss limit increases to $10,000 ($5,000 profit + $5,000 daily loss limit). Exceeding this amount, including both open and closed losses, would be a violation. 
- Floating Loss: If you have a $4,000 loss and an open trade with a -1,500 floating loss that later closes at +500, you would have exceeded your limit if at any point during the trade your total loss exceeded $5,000.

It’s crucial to monitor your trades constantly and understand how daily losses and gains impact your account to stay within the allowed parameters.

Examples: