At Global4EX, the Maximum Daily Loss limit resets every trading day at 00:00 UTC.
This reset marks the start of a new trading day and the moment when the Daily Loss calculation is refreshed.
Daily Reset Time
• 00:00 UTC (Dashboard Time)
All daily loss calculations are based on this reset time.
❗ Important Information
• Global4EX displays a live countdown timer directly on the dashboard
• This dashboard timer is set to UTC and serves as the official reference
The dashboard timer determines:
• When a new trading day begins
• When the Maximum Daily Loss limit resets
• Which closed trades and floating losses belong to the current trading day
⚠️ The dashboard timer is the sole and final reference for all daily loss calculations.
📝 Explanation
The daily reset mechanism ensures the Maximum Daily Loss rule is applied fairly and consistently, regardless of a trader’s local time zone.
Because the rule is tied strictly to 00:00 UTC, traders must align their risk management with Global4EX dashboard time, not broker server time or personal local time.
• Losses incurred before 00:00 UTC count toward the current trading day
• Losses incurred after 00:00 UTC count toward the next trading day
Monitoring the dashboard reset timer is essential to:
• Avoid unintentionally breaching the daily loss limit
• Manage open positions safely around the daily reset
• Maintain full compliance with Global4EX risk management rules
Understanding and respecting the UTC-based daily reset time is a mandatory part of disciplined trading under Global4EX rules.