Max Open Risk
Learn how Max Open Risk automatically closes positions when unrealised losses exceed the threshold on Simulated Funded Accounts.
ℹ️ This feature applies to Simulated Funded Accounts created before 9 March 2026. For accounts created on or after that date, this has been replaced by Pip Protector: Max Risk (Version 2).
Max Open Risk is an automated risk control that is part of the Pip Protector system. It monitors your account equity in real time and automatically closes all open positions when your unrealised losses reach a certain threshold — preventing excessive drawdown from a single trading session.
How It Works
When the difference between your balance and equity exceeds the Max Open Risk threshold, all open trades are closed automatically. The threshold depends on your account format:
⚠️ Max Open Risk works alongside the Maximum Risk per Trade Idea rule. Both must be respected simultaneously. Consider a one-hour cooling-off period before continuing the same trade idea.
Example
You have a $10,000 Instant Mode account. Your Max Open Risk threshold is:
$10,000 × 0.02 = $200