2 Step Plus Max Open Risk Rule (Equity Shield)
The Max Open Risk rule limits how much risk a trader can have open at any given moment. This rule is enforced through EquityShield, an automatic real time risk management system.
Max open risk rules apply during Phase 1, Phase 2, and the Funded stage.
Max Open Risk Limits
Risk Type | Limit |
Per Symbol | 1% of starting balance |
Combined Risk | 1% of starting balance |
These limits are calculated from the starting balance of the account.
How Equity Shield Works
EquityShield monitors your account equity in real time and automatically intervenes when risk limits are exceeded.
1. Equity Shield per Symbol
Applies to one symbol, even if multiple positions are open
If the floating loss on a single symbol reaches 1% of starting balance, all open trades on that symbol will, in most cases, be automatically closed
This action is classified as a soft breach
Trading may resume immediately after the closure
Example
Starting balance: $100,000
1% risk limit: $1,000
If multiple open XAUUSD positions reach a combined floating loss of $1,000, all XAUUSD trades will be closed automatically.
2. Equity Shield on Combined Risk
Applies to total floating loss across all symbols
If combined floating drawdown reaches 1.1% of starting balance, all open trades across all symbols will, in most cases, be automatically closed
This action is also classified as a soft breach
Example
Starting balance: $100,000
1% combined risk limit: $1,000
If multiple open trades across multiple symbols result in equity dropping to $99,000, all positions will be closed automatically and your account will receive a soft-breach.
Why Equity Shield Exists
Internal risk analysis shows that exceeding daily drawdown limits is the primary reason for account breaches.
EquityShield exists to:
Prevent excessive short term losses
Encourage disciplined risk management
Reduce the likelihood of hard breaches
Promote consistent trading behavior
Important Notes
EquityShield is an automatic protection tool, not a guaranteed failsafe
In rare market conditions such as high volatility or low liquidity, closures may not trigger instantly
Traders are always responsible for managing their own risk
EquityShield triggers do not count as hard breaches
The Risk team may adjust EquityShield limits following a risk review