The Pip Protector is an automated risk management feature that limits the amount of realised and unrealised losses your funded account can incur over a given period (Risk Window).

It works through a three-strike system. Each time the limit is breached, your positions are closed, your risk allowance is reduced, and the consequences escalate — culminating in a hard breach on the third strike.

Everything is monitored and enforced in real time from your Dashboard, ensuring there are no surprises when it's time to request your payout.

The Pip Protector is built around three core concepts: Max Risk Reference Balance, Risk Window and Max Risk Limit.

When you open your first position, the Dashboard records your account balance at that moment. This becomes your Max Risk Reference Balance — the baseline against which your losses are measured throughout the Risk Window.

The Max Risk Reference Balance operates as a high watermark in the Risk Window. If you close a profitable trade that takes your balance to a new high within the Risk Window, the Max Risk Reference Balance rises to match it, ensuring that losses cannot exceed the Max Risk Limit.

A Risk Window begins the moment you open your first position. It doesn't end when you close them — the Risk Window only resets after you've been flat for a continuous 60 minutes. This flat period is known as Cooling Down. Once Cooling Down completes, a new Risk Window opens when you enter your next position.

Your Max Risk Limit is the maximum realised and unrealised loss your account can carry within a Risk Window. It is fixed based on your account's starting balance. Your Max Risk Limit is reduced by half each time you hit the limit.

On a $10,000 account, the limits across the three strikes are:

If your losses reach the Max Risk Limit at any point during a Risk Window, the Pip Protector activates — all positions are closed automatically, and a Strike is recorded.

No positions are open. Your full risk allowance is available, and the Risk Window has not started.

Positions are open. The Dashboard shows your current risk utilisation against your Max Risk Limit in real time. In the example below, $24.76 of the $200 limit has been used, leaving $175.24 of risk allowance remaining.

All positions are voluntarily closed. The Cooldown countdown shows how long until your Risk Window resets.

The Max Risk Limit has been reached, and positions have been forced closed. The card turns red, the strike count updates, and the cooldown begins. In the example below, Strike 1 has been recorded, and the new limit is now $100.

Each time the Pip Protector activates, a Strike is recorded on your account. Strikes are permanent for the lifetime of your Funded Account and carry escalating consequences.

Strike 1 — Your Max Risk Limit is permanently halved from 2% to 1% of your starting balance.

Strike 2 — Your Max Risk Limit is halved again to 0.5% of your starting balance. Your profit share is also permanently reduced by 50% of your current rate. For example, 80% becomes 40%, and 75% becomes 37.5%.

Strike 3 — Your account is permanently terminated, and any profits are forfeited. This is a hard breach.

A trader has a $10,000 Funded Account. Their Max Risk Limit is fixed at 2% of their starting balance = $200.

Opening the Risk Window: A trader opens a position on EURUSD. The Dashboard records their balance of $10,000 at that moment as the Max Risk Reference Balance. The Risk Window is now open, and the $200 Max Risk Limit is active.

Partial loss, then closing positions: The trade moves against them, and they incur $90 of unrealised loss. They voluntarily close the position. The Risk Window does not end here; the Cooling Down period begins, and the clock starts counting down from 60 minutes.

Re-entering before Cooling Down completes: After 20 minutes, the trader opens a new position. The Cooling Down period terminates, and the same Risk Window continues, with the same Max Risk Reference Balance of $10,000. From the $200 Max Risk Limit, $90 has already been used and $110 remains.

The Max Risk Limit is reached — Strike 1: The new trade moves against them by $110. Total loss across the Risk Window reaches $200. The Pip Protector activates, and all positions are closed automatically, and Strike 1 is recorded. The Max Risk Limit is permanently reduced to $100 (1% of $10,000). A new 60-minute Cooling Down period begins.

After Cooling Down completes: After waiting the full 60 minutes without opening any positions, the Risk Window ends. When they next open a trade, a new Risk Window begins — with their current balance as the new Max Risk Reference Balance, and a Max Risk Limit of $100.

No. The risk window resets based on your trading activity, not the calendar. It only resets once you've been fully flat (no open positions) for a continuous 60 minutes.

Your Max Risk Reference Balance updates upward as your account balance increases. This means you can't build up a balance buffer to bypass the rule — the limit always applies relative to your highest recorded balance within the Risk Window, so profits don't create additional room to lose.

No. Strikes are permanent for the lifetime of the Funded Account.

No. The Pip Protector: Max Risk rule applies to Funded Accounts only.

The Pip Protector fires independently of Max Daily Loss and Max Loss. You can still breach those rules separately.