What is the 1% max floating loss rule?
TL;DR Instant Funding has a 1% max floating loss cap across all open positions
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Slippage & micro-breaches: “I only went over by $0.01”
TL;DR Yes, $0.01 counts. Drawdown rules are equity-based and moment-in-time. If it prints below
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Do spreads/commissions/swaps count toward drawdown?
TL;DR Yes. If it moves equity, it counts. Spreads, commissions, swaps, slippage: welcome to
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What time does the trading day reset (timezone) and why it matters
TL;DR Your daily limits reset at 16:00 CT. That timestamp defines your new daily
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What is Max Loss (overall drawdown) and is it static or trailing?
TL;DR PropXP Max Loss is static (fixed), anchored to your starting balance, and it’s
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What is Max Daily Loss (daily drawdown) and how is it calculated?
TL;DR Max Daily Loss is your daily equity stop. It’s equity-based, includes floating PnL
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