At Fewpips, we provide the capital - you provide the discipline. Our risk parameters are designed to mirror real-market conditions and ensure long-term sustainability for both the trader and the firm.
To ensure consistency and capital preservation, every account must adhere to the following drawdown limits.
The Daily Loss Limit is calculated using the formula: Start-of-day equity minus the lowest floating equity of the day must not exceed the allowed percentage.
This rule applies to both open (floating) and closed trades.
The trading day resets at 00:00 GMT+2 / GMT+3 (depending on Daylight Saving Time). This is when the start-of-day equity snapshot is taken and your daily limit is recalculated.
| Account Type | Daily Loss Limit |
|---|---|
| 1-Step | 4% |
| 2-Step | 4% |
| 3-Step | 5% |
| Instant | N/A |
The daily loss limit is 4%, which equals $4,000.
The Maximum Loss Limit (MLL) is a trailing loss limit that moves up as the account makes profits, but never moves down after losses, and it can never exceed the initial starting balance.
Starting equity $10,000. Initial Maximum Loss Limit breach point = $9,300 (7% below $10,000).
We welcome genuine automated strategies that demonstrate a real edge in the markets. All EAs must go through a brief submission process before deployment.
To protect our liquidity and ensure a fair environment, the following activities are strictly prohibited. Engaging in these will result in immediate account termination without a refund.
Breaching either limit results in an automatic account disabling. There is no grace period - our systems act instantly to protect the ecosystem.
Breaching the Daily Loss Limit or the Maximum Loss Limit results in an immediate account breach. The account is automatically disabled with no exceptions.