What happens if my FTT Funded account is in profit but I exceed the Daily Loss Limit?
If a trader maintains his FTT Funded account with a positive balance but exceeds the daily loss limit, he may still
receive 50% of his profits under the following conditions:
All trades must have a Stop Loss (SL).
No more than 1% of the total account balance can be risked on a single trade.
It is essential to comply with both requirements. If you do, you will have a period of seven days after the violation to
request the withdrawal of 50% of the profits earned on your suspended account.
For example, let's say you have passed the Challenge phase and received an FTT Funded account with $100,000 in equity.
In the first three trading days, you made profits of $3,000 on the first day, $5,000 on the second day and $4,000 on the
third day. This gives a total of $12,000 in profits, leaving his balance at $112,000.
However, on the fourth day he faced a tough market and suffered a $5,000 loss, leading to a Daily Loss Limit violation.
As a result, his balance was reduced to $107,000.
Despite having exceeded the Daily Loss Limit, he still has a net profit of $7,000. If he meets the established criteria,
FTT Funded will allow him to receive 50% of those profits, or a total of $3,500.
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