Daily loss limit
Daily loss limit is 3% of the account size, and the reference line type is Last EOD equity or balance.
This means your daily loss limit line is locked at the start of each day based on the higher of yesterday's closing balance or yesterday's closing equity. You cannot lose more than 3% of that figure across the current trading day.
A daily loss limit breach is automatic and results in immediate account closure.
Max loss limit
Max loss limit type is Trailing equity. The MLL line follows your equity throughout the day, not just at end of day. As your equity climbs, your MLL line rises with it. As your equity falls back, your MLL line stays at the highest point it reached. Touching that line is an automatic breach.
The percentage is 6% at the $25,000 stage and 5% at every stage from $50,000 upwards.