Does FXIFY's Maximum Total Loss include open positions?

Yes, the 10% limit is calculated based on your account equity, which includes unrealized profits and losses from open positions. If your floating losses push your equity 10% below your peak balance, you will breach the rule even if you haven't closed any losing trades.

What happens if I breach the Maximum Total Loss?

Your account is immediately terminated and you fail the challenge or lose your funded account. There are no warnings or grace periods - once your equity drops 10% from your peak balance, the account is closed. You would need to purchase a new challenge to continue trading with FXIFY.

Does the Maximum Total Loss reset after passing each phase?

No, the 10% trailing drawdown continues from your account's peak balance throughout both Challenge and Funded phases. The rule doesn't reset when you advance from Phase 1 to Phase 2 or from Challenge to Funded - it maintains the same calculation method based on your highest equity point.

Is FXIFY's Maximum Total Loss calculated from balance or equity?

The rule uses equity (balance plus floating P&L) and trails from your highest equity peak, starting with the initial account balance. If your account grows from $100,000 to $105,000, the breach point moves from $90,000 to $94,500, calculated as 10% below the new $105,000 peak.

Updated 2026-04-17

FXIFY Maximum Total Loss Rule Explained

FXIFY

Quick Answer

FXIFY's Maximum Total Loss is 10% trailing drawdown from the initial account balance.

The rule calculates your total loss as the difference between your account's peak balance and current equity. If your account equity falls 10% below your highest balance (starting with the initial balance), you breach the rule. Breaching this limit results in immediate account termination in both Challenge and Funded phases.

Key Rule Details

Limit

10%

Dollar Value ($100,000)

$10,000

Basis

trailing drawdown

Resets

Never (static)

Breach

Account terminated

Calculation Example

Account Size: $100,000 — Maximum Total Loss: $10,000

Account Size	$100,000
Maximum Total Loss Limit	$10,000
Scenario: Closed P&L	$-2,800
Scenario: Floating P&L	$-5,200
Total Exposure	$-8,000
Remaining Buffer	$2,000

Limit used:80%

Common Mistakes

Ignoring Floating Losses

Traders forget that unrealized losses count toward the 10% limit since it's based on equity, not just closed trades. On a $100,000 account, having $9,000 in unrealized losses when your account has peaked at $105,000 puts you dangerously close to the $94,500 breach point. Many get caught when their floating positions move against them overnight.

Misunderstanding Trailing Nature

Traders think the 10% is always calculated from the starting balance, but it actually trails your highest equity peak. If your $100,000 account grows to $110,000, your new breach point becomes $99,000, not the original $90,000. This moving target catches traders off-guard after profitable periods.

Confusing Daily vs Total

Some traders assume hitting the 4% daily loss limit protects them from the 10% total loss breach. However, multiple days of losses can accumulate beyond 10% even if each day stays under 4%. A $100,000 account can breach the total loss at $90,000 through several smaller daily losses.

Weekend Gap Risk

Traders leave large positions open over weekends, forgetting that gap openings can instantly breach the 10% limit. If you're already down 7% on a $100,000 account and hold positions worth 5% risk over the weekend, a 3% gap against you would breach the rule immediately at market open.

Protection Strategies

Set Personal 8% Loss Limit

Create your own stop-loss at 8% to provide a 2% buffer before FXIFY's 10% limit. On a $100,000 account, stop trading when your equity hits $92,000 instead of waiting until the $90,000 breach point. This buffer accounts for slippage and gives you room to reassess your trading approach.

Use 1% Risk Per Trade

Limit each trade to 1% risk to ensure you need 10 consecutive losses to approach the limit. On a $100,000 account, never risk more than $1,000 per position. This conservative sizing protects against rapid account depletion and gives you multiple opportunities to recover from losing streaks.

Setup Equity-Based Trailing Alerts

Configure alerts when your equity drops 7% and 9% from your peak balance, not just the starting balance. As your account grows, manually update these alerts to track the new high-water mark. This ensures you're always aware of your current breach point as it trails upward.

Avoid High-Impact News Trading

Even though FXIFY allows news trading, avoid it when you're already down 5% or more from your peak. Major news events can cause 2-3% account swings in minutes, which could push you from a manageable drawdown directly into a rule breach without time to react.

Related Rules

Maximum Daily Loss

→

Profit Target (Phase 1)

10%

→

Profit Target (Phase 2)

→

Payout Split & Schedule

80% (up to 90%)

→

FXIFY Comparisons

Fundednext vs Fxify Ftmo vs Fxify Fundingpips vs Fxify The Funded Trader vs Fxify

Frequently Asked Questions

PropSize iOS App

Position sizing without the spreadsheet.

Firm rules built in

FTMO, FundedNext and FundingPips pre-loaded. No manual entry.

Remembers your session

Last firm, account size, and instrument saved between opens.

Works offline

Calculate positions without internet. Gold contract sizes handled.

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on FXIFY's official website before purchasing a challenge. Updated 2026-04-17.