All Top One Crypto accounts use a daily drawdown based on your previous day high balance or previous day high equity. The system determines this value at 5 pm EST each day.
Top One Crypto accounts can be purchased through www.toponecrypto.com.
Daily Drawdown: 3% or 4% on One Step accounts and 2% or 3% on Instant Funding accounts, measured from the higher of your balance or equity at 5 pm EST.
Overview
Account Type | Daily Drawdown | Type | Notes |
One Step Challenge | 3% or 4% | Previous Day High Balance or Equity | Limit set at 5 pm EST |
One Step Funded | 3% or 4% | Previous Day High Balance or Equity | Limit set at 5 pm EST |
Instant Funding | 2% or 3% | Previous Day High Balance or Equity | Limit set at 5 pm EST |
Explanation
Your daily loss limit is calculated by taking the higher value of your balance or equity at 5 pm EST and subtracting the allowed percentage. This creates a fixed loss limit for the next trading day.
The limit does not change during the trading day, even if your account balance or equity rises or falls after 5 pm EST. If your equity reaches the limit at any point, the account breaches the daily drawdown rule.
Daily Drawdown Calculation
At 5 pm EST the system checks two values: your account balance and your account equity. It takes the higher number and subtracts your daily drawdown percentage. This becomes your limit for the entire next day.
Example: One Step and One Step Funded (3% or 4%)
Scenario | Calculation | Daily Limit |
Start: balance 10,000, daily drawdown 3% | 10,000 multiplied by 3% is 300 | 9,700. If your equity touches 9,700 at any time, the account breaches the daily drawdown rule. |
End of day at 5 pm EST: balance 10,400, equity 10,200 | The system uses the higher number, 10,400. New limit: 10,400 minus 3% | 10,088. This limit remains fixed until the next 5 pm EST reset. |
Example: Instant Funding (2% or 3%)
Scenario | Calculation | Daily Limit |
Start: balance 10,000, daily drawdown 2% | 10,000 multiplied by 2% is 200 | 9,800 |
End of day high of 10,500 at 5 pm EST | 10,500 minus 2% | 10,290. This becomes your fixed limit for the next trading day. |
Important Notes
The daily limit is always based on your highest value at 5 pm EST
The limit does not move during the trading day
A breach occurs if your equity touches the limit even for a moment