Why was my account breached?
Most breaches happen due to:
- Exceeding max or daily drawdown.
- Inactivity (no trades for 21 days).
- Scalping or other restricted practices.
You can check your Dashboard for details on any breach.
FAQ
Are you looking for answers?
What does “Breached” mean?
A breach is when you break a Challenge rule (e.g., exceed drawdown). This results in the automatic closure of your demo account.
Is there a maximum trade volume limit?
As a funded trader with our firm, you may face limits on trade volume depending on your account type and our risk management guidelines. These limits ensure sustainable trading for both you and the firm.
Is there a minimum trade volume requirement?
Yes—the minimum is 0.01 lots. Some instruments may have higher minimums; check “Specifications” in your program details.
As a funded trader with our firm, you are not required to meet a minimum trade volume in most cases, giving you flexibility to trade according to your strategy. However, specific account types or challenges may have guidelines to ensure active trading.
Why did my Stop Loss get executed at a different price?
During volatile periods (e.g., major news), orders are filled at the next available price. This is called slippage and is standard in all markets.
What types of drawdowns are there?
- Maximum Drawdown, which is Static and Fixed from the start.
- Maximum Daily Drawdown, which is Equity-Based and resets daily from the previous day’s equity
Where can I see my drawdown limits?
Your Dashboard displays all drawdown thresholds in real time.
Do swaps apply too?
Yes, for all orders overnight, we are charging swaps; for a detailed list of swaps, please refer to the contract specification page.
Do you have spreads as well?
Yes, spreads vary depending on asset type and account type.
Do I have to pay tax on my profits?
It depends on the country of your residence. You may need to pay taxes on your share of profits, depending on your country’s laws. Etirda recommends consulting your tax advisor to ensure compliance with your local tax regulations.
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