Daily drawdown is a one-day safety limit. It caps how far your balance and equity (including open, floating losses) can drop inside a single day before the account is failed. It exists so a single bad session cannot wipe out an account, and it keeps risk-taking inside a defined window.

It is measured against the higher of your balance or equity at the start of the trading day. Because it includes floating profit and loss, an open position that moves against you counts toward the limit in real time, not only when you close the trade.

The daily window opens and closes at midnight UTC. At 00:00 UTC a fresh daily reference is recorded, and your daily loss allowance starts over for the new day. Whatever happened the day before no longer counts toward today's daily limit.

UTC does not shift for daylight saving, so the reset time is the same all year. To find midnight UTC in your own time zone, convert from your local clock. Your dashboard always shows your current daily limit and how much room you have left, so you never have to track it by hand.

At the reset, UZO takes your starting balance or equity for the day (whichever is higher) and applies your product's daily percentage to it. That produces a daily loss floor, a level your equity must not touch during the day.

A simple way to picture it: if your product allows a 4% daily limit and the day opens at $100,000, the floor for that day sits at $96,000. Realised losses plus any floating loss on open trades are what move you toward it. The exact floor for your account is calculated and displayed live on your dashboard.

The daily percentage depends on which UZO product you hold. The Instant family carries the published daily limits below. For One Step and Two Step, the daily limit is set per product and shown on your dashboard, so always confirm it there before you trade.

Daily drawdown is separate from your maximum drawdown, which runs across the whole life of the account rather than resetting each day. You must stay inside both at all times.

If your equity touches or falls below the daily floor at any point during the day, the daily limit is breached and the account fails. This is a hard line. Because the limit includes floating loss, a large open position that runs against you can trigger the breach before you close it.