You can set loss limits on ICE-MAM accounts. To do this, you should log in to your Personal Area, select the "Investment accounts" section, click on the "Management" button in the upper right corner and choose "Risk management". At the moment the investor can set the following types of restrictions:
- Minimum balance (USD). The value should be less than the current equity of the account. You can also set a limit below the minimum investment amount.
- Maximum drawdown (%). Settable interval of values from 1 to 100. When the specified value is reached, set in %, the trade is automatically suspended.
- Maximum losses per week (%). It can be set in the range from 1 to 60. The maximum value of 10 % can be set on the base (multiplier is "1") investment account. On an account with a multiplier from 2 to 6, this value is increased by the corresponding multiplier value once. On the investment account with multiplier "2" the maximum value is 20%; with multiplier "3" - 30%, etc. It is calculated from the equity account value at the beginning of the trading week. As soon as the risk management reaches the specified parameter, trading on the investment account is suspended until the beginning of the next trading week.
In any case of any changes in risk management or deposit/withdrawal of funds, the restrictions that are set in percentages (maximum losses per week and maximum drawdown) are recalculated from the equity at the moment the changes to an ICE-MAM-account are made.