Breaches and inactivity

What breaches an account

• Equity touching the max drawdown floor.
• Equity touching the daily drawdown limit.
• A third Backed Protector strike on a funded account.
• Any prohibited strategy.

What happens

1. Positions close

   Every open position is closed at market immediately.

2. The account stops trading

   The account is marked breached. You can still view it, its history and its certificates.

3. You are notified

   We email you (unless you turned breach emails off in Settings) and show the reason on the account.

Inactivity

An account with no trades for 30 days is closed. Any trade on any market resets the clock.

Launchpad unlock window

After passing Launchpad you have 14 days to pay the unlock fee. If you do not, the account closes.

Payout on a breached account

A funded account that breaches is no longer eligible for payouts. Payouts already paid are yours to keep.