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Is a stop loss mandatory when trading with CoveFunded?

No, a stop loss is not mandatory when trading with CoveFunded. While using a stop loss is highly recommended as a risk management tool to protect your capital, it is ultimately up to the trader whether to set one. CoveFunded allows traders the flexibility to decide if and when they want to use a stop loss based on their own trading strategies.

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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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