I am curious to know the amount of money that is lost each day on the platform called FundedNext. I want to understand the daily loss incurred on this platform.
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    CryptoQueen
    Wed Dec 11 2024
   
  
    This means that, regardless of whether the trader makes a profit or incurs a loss, their Daily Loss Limit remains at $5001. 
  
  
 
            
            
  
    
    GwanghwamunGuardianAngel
    Wed Dec 11 2024
   
  
    Traders are permitted to experience a Daily Drawdown of 5% on their initial account balance each day.
  
  
 
            
            
  
    
    Elena
    Wed Dec 11 2024
   
  
    This regulation is set to ensure that traders do not incur excessive losses in a single day.
  
  
 
            
            
  
    
    MysticEchoFirefly
    Wed Dec 11 2024
   
  
    For instance, if a trader's initial account balance is $100,000, their Daily Drawdown would be $5001.
  
  
 
            
            
  
    
    Carolina
    Tue Dec 10 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services to traders. These include spot trading, futures trading, and a wallet service.