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What is the maximum total loss allowed at CoveFunded?

The maximum total loss allowed at CoveFunded is 10% of the initial account balance. This rule applies across all phases:

  • Phase 1
  • Phase 2
  • Phase 2 Swing Account

If your total losses reach 10% of the initial account balance, the account will be deemed as having breached the loss limit, potentially leading to restrictions or other consequences according to CoveFunded’s policies.

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Please note that all accounts we provide to our clients are demo accounts in a simulated trading environment.
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