Understanding Daily Loss Limits (Static)
Updated 5 November 2026
The numbers on this page are for King Cobra. Venom 2.0 has a trailing daily loss: see Venom 2.0.
The Daily Loss Limit is static and equity-based. Static means it stays the same all day. Equity-based means it counts your balance plus the profit or loss on open trades.
How the daily floor is set
At 00:00 UTC, the platform records your equity. It uses this number to work out how much you can lose that day. That sets your floor, the lowest level allowed, until the next reset. If your equity falls to the floor, your account ends (this is called a breach).
The floor does not move up when you make profit during the day. At the next daily reset, the platform records your equity again and sets a new floor for the new trading day.
Current standard limits
- King Cobra: 4%
- Cobra Strike (Instant $2,000 to $5,000): none. Cobra Strike has no daily loss limit. The 5% max loss and 1% open-loss limit still apply.
- Cobra Prime (Instant $10,000+, sold from 18 Sep 2026): 3%
Example
Your equity at the reset is $10,000 on a King Cobra account. 4% is $400. So your floor is $9,600 until the next reset. Losses on open trades count, because the rule uses equity.