Definition: It is a risk consistency rule that caps the total floating loss a trader is permitted to reach on simultaneous open trades for any single instrument (for example, XAU/USD).
Breach Type & Consequence: Soft Breach. Upon hitting this limit, the system automatically closes all open trades for that specific symbol. Your challenge remains active and uninterrupted, and positions on any other instruments are completely unaffected.
The Calculation:
[Combined Floating Loss for Symbol X] ≤ [Symbol Limit % of the Previous End-of-Day Balance]
Practical Example (1-Step Challenge):
Previous End-of-Day Balance: $100,000
Symbol Drawdown Limit (2%): $2,000
How it applies: Should your total floating loss across all XAU/USD trades hit $2,000, those specific XAU/USD positions will automatically close. This realizes the loss, but any open trades you hold on EUR/USD or US30 will continue running normally.
Limits by Challenge Type: The exact percentage limit varies based on the challenge model you have selected:
2-Step Challenges: 2.5% Maximum Loss per Symbol
1-Step Challenges: 2.0% Maximum Loss per Symbol
Instant Challenges: 1.5% Maximum Loss per Symbol
Automated Real-Time Monitoring: This rule is tracked continuously by our automated infrastructure. All equity calculations and soft breach executions are processed in real time.
How It Differs from Max Total Loss and Max Daily Loss
Max Total Loss and Max Daily Loss evaluate your whole account and function as hard breaches—if you hit either one, your challenge fails. In contrast, the Max Open loss per Symbol rule monitors a group of trades tied up to one instrument. It only liquidates that specific symbol's positions if violated. Trader can continue trading uninterrupted.