Daily and Overall Risk on Instant

1. 1

   Daily loss — 4%

   Equity can't close a trading day more than this below that day's starting equity. It resets at the start of each new trading day.

2. 2

   Max drawdown — 8%

   Equity can never sit more than this below your starting balance, checked continuously — not only at day close.

Both limits apply from the moment credentials are delivered. There's no warm-up window, no reduced-risk grace period, and no separate 'evaluation' version of these numbers to compare against.

Instant Evaluation's 8% ceiling sits below the 10% used on 2-Step and 1-Step. The evaluation phases on those tracks act as a screening step before capital responsibility increases; Instant removes that step, so the account itself carries a narrower band from day one.