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FAQs / All FAQs

All FAQs

Everything you need to know about our platform, evaluations and how to set up your FXIFYâ„¢ account.

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[Educational Course] – What is the daily drawdown limit?

[Educational Course] – What is the daily drawdown limit?

The Educational Instant funding account has a daily drawdown limit of 6%. Traders must ensure they do not exceed this limit. If you hit or exceed the 6% drawdown limit, your account will be breached, and you will no longer be able to trade on that account.

Daily Loss Limit is calculated based on the balance at the end of the previous day, the balance recorded at 5PM EST time.

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