Finotive daily loss and static maximum drawdown
Compare Finotive's New York daily-loss reset with its static overall floor, keeping product-specific percentages and immediate hard-breach consequences explicit.
Daily boundary uses New York time
Section 7.4 defines the trading day from 17:00 New York to 16:59:59 the next day and references prior closing balance. Floating losses remain included.
Sources for this section
finotivefunding.com — official documentation finotivefunding.com — official documentation finotivefunding.com — official documentation
Diagram explained
Monitor both loss floors and live equity
- 17:00 New York day boundary
- Overall floor stays static
- Hard breach has no warning strike
Use the exact account row
The daily table separates 1-Step, 2-Step, Solo, Instant and Pro limits. Do not use the smallest or largest brand-wide percentage without the selected model.
Static floor does not follow profits
Section 7.5 makes maximum drawdown static from initial balance. Hypothetical USD 50,000 with an assumed 9% allowance has a USD 45,500 floor; the assumption must match the actual row.
A hard breach has no warning strike
The terms describe daily and maximum breaches as immediate account closure, without warning or strike. Remaining inside one limit does not excuse crossing the other.
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Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.