The daily drawdown rule sets one number for the whole trading day: 5% of the account size while you evaluate, 3% once the account is funded. It says nothing about how many trades you take that day or how much of the ceiling each one can use. That split is arithmetic you do yourself, and it is different depending on the size of the account and the stage it is in.
Key takeaways
- The daily drawdown limit is a euro ceiling for the whole day, not a per-trade rule. The trading rules page does not divide it up.
- The ceiling is 5% of the account size while evaluating, 3% once funded, on closed and floating positions together.
- A floating loss draws on the same budget as a closed one, before the position is even shut.
- How many trades you plan for that day, and how large each stop is, decides how thin the budget gets stretched.
A day limit, not a trade limit
Read the drawdown section of the rules page and the wording is about the day, not the position: the maximum drawdown allowed within one trading day, on closed and floating positions. Nowhere does it set a separate figure per trade, per symbol or per hour. One trade with a large stop and five trades with small stops draw on the exact same number, as long as the total stays under it.
That makes the daily limit a budget in the plain sense. You start the trading day with the full amount available, in euro, for your size and stage. Every closed loss and every open loss spends part of it. Once it is spent, the account fails, whatever the reason for the last loss.
The funded budget, size by size
The 3% funded figure is the one that matters once an evaluation is behind you, since it is the tighter of the two and the one you live with for as long as the account stays open.
| €10,000 | €300 | Funded daily budget, 3% of the account size. |
|---|---|---|
| €25,000 | €750 | Funded daily budget, 3% of the account size. |
| €50,000 | €1,500 | Funded daily budget, 3% of the account size. |
| €100,000 | €3,000 | Funded daily budget, 3% of the account size. |
| €200,000 | €6,000 | Funded daily budget, 3% of the account size. |
During the evaluation the same figure is wider, 5% instead of 3%, on every program. The daily drawdown article lists both columns for every size. This one starts from the funded figure and builds the per-trade arithmetic on top of it.
Turning the ceiling into room per trade
Take a €50,000 account. The evaluation budget is €2,500 for the day. The funded budget is €1,500. Neither number changes based on how many trades you plan, so the more trades share the budget, the smaller each one's share has to be if you want room left over.
Here is the same day's budget divided by three different stop sizes, on the funded €50,000 account:
| Stop worth €500 | 3 trades | Uses the full €1,500 budget with none left over. |
|---|---|---|
| Stop worth €1,000 | 1 trade | Uses €1,000, leaves €500 of the €1,500 budget. |
| Stop worth €1,500 | 1 trade | Uses the full budget on its own, none left for a second position. |
The evaluation account carries the same idea with more room. Its €2,500 budget takes five trades at a €500 stop, or one trade at a €1,500 stop with €1,000 still free for anything else that day. The stop size and the trade count are the two numbers you control. The daily ceiling is the one you do not.
The ceiling is fixed for the day. The number of trades that fit inside it is not.
Floating losses spend the budget before a trade closes
The rule applies to closed and floating positions together, so an open trade uses part of the day's room while it is still running, before you have decided whether to close it. On the €50,000 funded account above, if the first of your three €500-stop trades is sitting at a €300 open loss, only €1,200 of the €1,500 budget is still free for the rest of the day, whether or not that first trade has been closed.
The 10-minute stop-loss grace does not change this arithmetic. Every position needs a stop within 10 minutes of opening, but the rules page sets no distance for it, so the stop can be placed anywhere. Where you place it decides how much of the day's budget that one position can spend if the price gets there. The stop-loss rule article covers the 10-minute part in full.
None of this is a recommendation for how many trades to take or how wide to set a stop. The rules page gives the ceiling and the fact that floating losses count. Sizing and timing your own trades against that ceiling is a decision only you make.
What happens if a plan does not fit the ceiling
If the combined loss on open and closed positions passes the day's budget, the account fails at that moment. The trading rules page is explicit that breaching any rule fails the account, with no warnings and no partial penalties, so there is no point partway through the day where the system flags that the budget is running low. A trade that would tip the total over the line breaches the account the instant it does, whether it is still open or already closed.
Planning for more trades than the budget comfortably covers is not itself a breach. Only the loss is. A day with four planned trades and a wide stop on each can fail before the fourth trade if the first three already spent the budget. What comes after a breach, and the one restart available on a first step, is in what happens when you breach.
Frequently asked questions
Does Eiger set a maximum loss per trade?
No. The trading rules page sets a daily ceiling, 5% of the account size while evaluating and 3% once funded, for closed and floating positions together. It does not set a separate figure per trade.
How much daily budget is left after one losing trade?
Whatever remains of the day's ceiling once that loss, closed or floating, is subtracted. On a €50,000 funded account with the full €1,500 budget, a €500 loss leaves €1,000 for the rest of the day.
Do open positions use up the daily budget before they are closed?
Yes. The daily limit applies to closed and floating positions together, so an open loss counts against the day's budget while the position is still running.
Does the per-trade room change after passing the evaluation?
Yes. The daily ceiling itself tightens from 5% to 3% of the account size once the account is funded, so the same stop size uses a larger share of the funded budget than it did during the evaluation.
Is there a recommended number of trades per day?
The site does not publish one, and this article does not supply one. It only shows the arithmetic of the published ceiling.
Read the rules, then pick a program
Every rule that can fail an account is published in full before you pay. Three programs, five sizes, an 80% reward and no time limit on any step.