The Daily Drawdown is an important risk rule designed to limit the maximum loss you can take within a single trading day on your FAST STATIC account.
It is set as a fixed percentage of your initial account balance (or the value selected for your account type). This percentage itself never changes.
Unlike some other account types, on FAST STATIC the Daily Drawdown is calculated only from your starting Balance at the beginning of each trading day.
⚠️ Open profit (Equity) does not increase your daily drawdown limit.
⚠️ Only your Balance at the daily reset matters.
🔻 Daily Drawdown Limit – How It Works
At the beginning of each new trading day (00:00 CE(S)T):
The system checks your Balance only
It takes that Balance as the starting point for the day
It subtracts your Daily Drawdown amount (for example 4% of your initial account size)
The result becomes your minimum allowed Balance/Equity for that trading day
Formula
Daily Drawdown Limit = Starting Daily Balance − Fixed Daily Drawdown Amount
✅ Example 1 – Starting from the initial balance
Account size: $100,000
Daily Drawdown: 4%
Fixed daily loss limit:
4% × $100,000 = $4,000
At the start of Day 1:
Starting Balance = $100,000
Daily Drawdown Limit:
$100,000 − $4,000 = $96,000
This means your account must not fall below $96,000 during that day.
✅ Example 2 – Profitable closed trades from the previous day
At the end of Day 1, you close trades with a profit of $3,000
Your new Balance becomes:
$103,000
At the start of Day 2:
The system uses your Balance only = $103,000
Daily Drawdown Limit:
$103,000 − $4,000 = $99,000
Your account must stay above $99,000 during Day 2.
✅ Example 3 – Open floating profit does NOT move the limit
At the start of Day 2:
Balance = $103,000
Equity = $107,000 (because of open floating profit)
On FAST STATIC, the system ignores Equity and uses Balance only.
Daily Drawdown Limit remains:
$103,000 − $4,000 = $99,000
Even though your Equity is higher, your daily drawdown does not move up.
✅ Example 4 – Floating loss
At the start of Day 3:
Balance = $103,000
Daily Drawdown Limit:
$99,000
You open trades and your Equity drops to $99,500
✅ Account is still within limits.
If Equity drops to $98,900
❌ Daily Drawdown is breached.
🔁 Summary
On FAST STATIC:
The Daily Drawdown resets every day at 00:00 CE(S)T
The drawdown amount is a fixed percentage of your initial account size
The system uses starting daily Balance only
Equity is not used to increase or recalculate the limit
Both open and closed positions still count toward the drawdown rule during the trading day
In short:
Starting Daily Balance − Fixed Drawdown Amount = Your Daily Drawdown Limit.