FXIFY Daily Loss Limit, Explained
Rules verified 2026-07-09 · official source
Yes — FXIFY enforces a daily loss limit, evaluated on equity (open positions count), resetting at 17:00 New York time.
How it works
The limit is a fixed dollar amount per account size, evaluated in real time on equity. Hitting it fails the account.
Max drawdown (10%) trails your highest CLOSED balance — floating profit never raises the floor, but a breach is checked on live equity at any moment. Do NOT log an intraday (unrealized) peak on this account; TradersGuild's closed-trade peak already matches FXIFY's line exactly.
| Plan | Daily loss limit |
|---|---|
| 100K Two-Phase | $4,000 |
How traders actually breach it
Most daily-loss breaches aren't one big trade — they're revenge sequences: three losers, size up to "get it back", and the fourth trade crosses the line. The limit resets tomorrow; the account doesn't.
TradersGuild tracks this rule live against your trade log and alerts you while there's still room — "$180 of daily-loss room left" beats finding out from a breach email. Tracking is free for your first account.
Recent FXIFY rule changes
2026-07-09 — Added — Two-Phase (Standard): 10% max drawdown trailing the highest CLOSED balance (locks at start once profit covers it), 4% daily vs previous day's 5PM New York balance, 10%→5% targets, 5 minimum trading days per phase, no consistency rule.
FAQ
Does FXIFY have a daily loss limit?
Yes — a fixed amount per account size. It's evaluated on equity, so open positions count.
When does the FXIFY daily loss limit reset?
At 17:00 in the America/New_York timezone — the firm's trading-day boundary, not your local midnight.
Do open positions count against the daily loss limit?
Yes — evaluation is on equity, so unrealized losses can trigger a breach even if you never close the trade.
Stop memorizing rules. Track them.
TradersGuild encodes these exact rules and recomputes every line the moment you log a trade — live meters, and a warning while you still have room. Runs on the trades you log. Free for your first account.