Your Phase 3 account follows the same risk rules of your plan used during the evaluation.
What happens when a rule is broken
Maximum daily loss, maximum loss or prohibited practice: the account is terminated. You lose the right to any pending reward requests from that account, and it is not reactivated.
Risk Management plans: the mandatory Stop Loss and the 2% risk-per-trade rules follow the 3-strike system. The 1st and 2nd strikes are warnings, and the profit of the order may be deducted. The 3rd strike terminates the account.
Consistency plans: exceeding the best-day limit does not terminate the account. It just cannot request a reward until the ratio is back within the limit.
Can I recover my account?
No. An account terminated for a rule breach is not reactivated. To come back, buy a new challenge. On Instant, the new account starts directly in Phase 3. On Subscription plans, you can buy the "Return to Advanced Simulated Stage" reset (Contract §4.4).