If a trader exceeds the daily drawdown or maximum drawdown limit, our automated system will immediately detect the breach, flag the account, and change its status to read-only mode. This means that the trader will no longer be able to place trades or access certain account functionalities. The violation will also be clearly displayed on the trader’s dashboard, providing a detailed explanation of the infraction. Additionally, an email notification will be sent to the trader, outlining the breach and its consequences.
Once the account has been flagged for violating the drawdown limits, the evaluation process will be considered unsuccessful. To attempt the evaluation again, the trader must purchase a new account directly from our website. It is crucial for traders to carefully monitor their drawdown levels to avoid triggering this violation and ensure a smoother trading experience.
If a trader violates any of the prohibited trading strategies or terms and conditions, our team will reach out to notify you of the infraction and take immediate action by placing a breach on your account. Depending on the nature and severity of the violation, this could result in a permanent ban from using our services. Repeated offenses or particularly severe breaches may lead to a full termination of access to the platform, so it is important to thoroughly understand and adhere to all trading guidelines and rules.
