In Instant Funding Accounts, the Stop Loss requirement is a vital security measure designed to protect your account and maintain the integrity of the trading system. It ensures traders stay disciplined and manage risk effectively.
Stop Loss Rules:
Mandatory Stop Loss: You must have an active Stop Loss in place at all times when entering a trade.
Immediate Placement: The Stop Loss must be set immediately upon entering a trade. You cannot add a Stop Loss after the trade is placed.
Soft Breach for Non-Compliance: If you enter a trade without a Stop Loss, the trade will be automatically closed as a soft breach.
Modifications Allowed: You can modify your Stop Loss after the initial placement, allowing you to adjust your risk management strategy as the market moves.
Flexibility with the No Stop Loss Add-On:
For traders who prefer more flexibility, Instant Funding Accounts offer a No Stop Loss add-on available for purchase. This add-on allows you to bypass the Stop Loss requirement, providing more freedom in how you manage your trades.
By adhering to the Stop Loss rule, you ensure that your trading remains disciplined and aligned with effective risk management practices. For those seeking added flexibility, the No Stop Loss add-on gives you the option to trade without this requirement.
If you have any questions about this policy, feel free to reach out to our support team.