Elite ACCESS – Daily Loss Limit (DLL)
Elite ACCESS – Daily Loss Limit (DLL)
The Daily Loss Limit (DLL) defines the maximum amount your account can lose within a single trading day.
Evaluation Phase
There is no Daily Loss Limit during the evaluation phase.
What This Means
You are not restricted by a daily loss limit
Your only risk limit is the EOD Trailing Drawdown
You can trade freely within the overall drawdown rules
Funded Phase (soft breach)
Once funded, a Daily Loss Limit applies and must be respected at all times.
Daily Loss Limit by Account Size
| Account Size | Daily Loss Limit ($) | Daily Loss Limit (%) |
|---|---|---|
| $25,000 | $500 | 2.00% |
| $50,000 | $1,000 | 2.00% |
| $100,000 | $1,250 | 1.25% |
| $150,000 | $1,750 | ~1.17% |
How the Daily Loss Limit Works
The DLL is calculated based on your starting balance for the day
It represents the maximum loss allowed within that trading day
If the limit is reached or exceeded, it is considered a soft breach (pause till eod)
What Counts Toward the DLL
The following are included:
Closed losses
Open (floating) losses
Commissions and fees
Daily Reset
The Daily Loss Limit resets once per day
The new limit is based on your updated account balance
Rule Violations
If the Daily Loss Limit is breached:
The account will be paused for the rest of the day.
Open positions may be closed
The account becomes active again after the rollover period
Important Notes
The DLL applies only to funded accounts
There is no daily restriction during evaluation
You must always account for floating drawdown, not just closed trades
Summary
No DLL during evaluation
DLL applies only when funded
Must stay within daily loss limits at all times
Breaching the DLL results in a Soft breach