We have a set Max Risk Per Trade / Position of 3% of the initial account balance in the Funded Account.
You cannot lose more than 3% on one set Trade / Position.
This will consist in a hard breach and termination of the account.
When a Trade / Position on your Funded Account reaches a floating loss of -3% of the initial account balance, you will receive a Hard Breach and termination of your account.
Please note that this rule is only based on the floating total risk of individual Trades / Positions.
This rule is separate from the Daily Drawdown Rule.
You can lose up to 5% according to the Daily Drawdown rule, however your floating loss cannot exceed 3% of the initial account balance on any individual Trade / Position.
At XPERT Markets we are looking for the best consistent traders who can provide us the best data for a long-term relationship.
A Stop Loss is required on any position.
Please note that the Max Risk Per Trade is calcualted for overall exposure on individual trading pairs.
For example, losing 2% and another 2% in 2 individual trades taken at the same time on the same trading pair is a breach.
Your loss cannot exceed 3% at any time on any trading pair and asset, even if that loss is split between multiple positions taken at the same time.