Traders are fully responsible to ensure their open simulated trades are closed each week on Friday by 4:00 pm EST. We encourage traders to manually close their simulated trades.

Our system is designed to liquidate all open simulated trades on all regular accounts each Friday at 4:00 pm EST, send an email notification informing our clients, and turn demo accounts on read-only until just before market-open the following week.

However, it is possible for minor time delays in this process that can result in some simulated trades not closing prior to the 4:00 pm EST cutoff time, thus resulting in a breached account.

The Funded Trader is not responsible for breached accounts where traders do not ensure their simulated trades are closed on Fridays by 4:00 pm EST on regular accounts.

To avoid a possible breach of your account for not complying with this rule, we encourage all traders to manually close their simulated trades on each Friday by 4:00 pm EST.

The simulated max daily drawdown resets every day at 5:00 PM EST. To ensure smooth functionality, we advise our simulated traders to not execute trades in between the window of 4:57 PM - 5:03 PM EST when the drawdown is being reset.

Once your last simulated balance/equity (whichever is higher) is pulled for the trading day your dashboard will update with your new simulated Daily Breach Level. This is the amount your account simulated equity must stay above in order to not be breached.