The daily loss limit is the most a Perps Evaluation account can lose in one day. Reaching it closes the account permanently; it does not simply pause trading for the day.
Limits by account size
Account size | Daily loss limit |
$5,000 | $150 |
$10,000 | $300 |
$25,000 | $750 |
$50,000 | $1,000 |
How it is measured
The limit applies during evaluation and after you pass.
The day resets at midnight New York time.
The calculation starts from your equity at the beginning of the day, including open positions.
Perps Instant has no daily loss limit.
Example: $25,000 evaluation
Daily calculation | Value |
Equity at midnight New York time | $25,400 |
Daily loss limit | $750 |
Account closes today if equity reaches | $24,650 |
Next day’s reference | Equity at the next midnight |