The short answer
Daily drawdown is the most your account may fall within a single trading day. It is measured on your equity, so the profit or loss on your open trades counts in real time, against a fixed reference recorded at the start of the day. It resets at 00:00 UTC every day, and your dashboard always shows how much daily room you have left.
What daily drawdown is
Daily drawdown is a one-day limit. It caps how far your account may fall inside a single day, and it exists for a simple reason: it keeps a single difficult session from undoing a healthy account, so your progress is protected day to day.
It is measured on your equity, which means your balance together with the profit or loss on any open positions. Floating losses count towards the limit the moment they occur, not only when a trade is closed. The reference it is measured against is recorded at the start of each trading day and applies until the reset. Your dashboard shows your exact daily floor and how much room remains at any moment, so the figure is never something you have to work out by hand.
The 00:00 UTC reset
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 towards 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 yourself.
How the daily floor is set each day
At the reset, UZO records your daily reference for the day and applies your product's daily percentage to it. That produces a daily loss floor, a level your equity must stay above 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. As the day goes on, your equity moves with your closed results and with the profit or loss on any open trades, and it is that equity figure that is checked against the floor. The exact floor for your account is calculated and displayed live on your dashboard.
Daily drawdown limits by product
The daily percentage depends on which UZO product you hold. The published limits are below, and your dashboard always shows your exact daily figure, so you can confirm it there before you trade.
Product | Daily drawdown |
One Step | 3% |
Two Step | 4% |
Instant | 3% |
Instant Pro | 4% |
Instant 24h | 2% |
Daily drawdown is separate from your maximum drawdown, which runs across the whole life of the account rather than resetting each day. Both are always active, and you stay comfortably inside each of them by keeping your day-to-day risk measured. You can read how the maximum limit works in the article linked below.
What happens if you reach it
If your equity touches or falls below the daily floor at any point during the day, the daily limit is reached and the account is closed for that account cycle. This is the boundary the limit is built around, so the practical guidance is simply to leave yourself a comfortable margin above the floor and let the reset give you a fresh allowance the next day.
How to keep clear of it
Check your remaining daily room on the dashboard before you add risk, remember that open positions count towards the limit through their floating profit and loss, size your trades so a normal adverse move keeps you well above the floor, and note that the clock resets at 00:00 UTC rather than at your local midnight.