Can trades close automatically at the daily loss limit on cTrader?
Yes, with a tool. A risk cBot closes positions after a limit is hit, and runs free in cTrader's cloud. A risk manager in front of the broker, on a plan that enforces, refuses an order placed through it that would not fit. Nothing reaches a broker that is down.
A cBot is a program that runs inside cTrader and watches the account. Written as a risk guard, it closes positions when equity reaches a line you set. Since cTrader 5.0, released in December 2024, a cBot can run in Spotware's cloud with the cTrader app closed. Spotware's own pages set the limits: one cloud instance on a demo account, for up to 7 days before it stops, and up to ten on live, running around the clock, all of which can vary by broker; and a cloud cBot can make no HTTP requests.
What a cBot does, it does after the fact. It sees a position once the broker has opened it, so an order that breaks a limit is closed after it filled - Spotware's answer on its own forum is that cBots cannot block an account from trading. A risk manager in front of the broker works the other way round for the orders that pass through it: the order is checked against the day's room first and, on a plan that enforces, refused if it would not fit. An order placed directly in cTrader still reaches the broker, and is read and counted afterwards.
Every automatic close needs a broker that answers. If the venue is unreachable, no tool can close a position there; the stop loss already resting at the broker is what holds. That is why a stop loss on every order matters more than any tool. Propcockpit's Auto-flatten, on Pro and Premium once the account's Risk rules are armed, attempts the closes from the server when a Breach is detected; a close is an order, filled at the price the market offers, and it cannot reach a broker that is not answering.
Worked example
A 100,000 FTMO 2-step account starts the day at 101,000, so the line is at 96,000, and a guard is set 500 above it, at 96,500. A cBot closes everything when equity touches 96,500 - and in a fast market the closes fill lower, sometimes past 96,000, because a close is a market order like any other. Checked before it was sent, on a plan that enforces, the last order placed through Propcockpit that could not fit would have been refused - that position is the one never opened. What is already open still moves with the market, which is why the stop at the broker is on every order.
Where this is from
- cTrader 5.0 and free cloud cBots, Spotware's announcement
- Cloud features: instance limits, cTrader Help
- Cloud requirements: what a cloud cBot cannot do, cTrader Help
- Spotware on cBots and blocking an account, cTrader forum
- FTMO rules on this site, for the line in the example
- What each Propcockpit plan enforces
- What Auto-flatten promises and what it cannot
A firm or a platform changes its terms without telling anybody here. Each firm page links the firm’s own rule page and shows the date it was checked; the firm’s own page is the one that counts.
Daily loss calculator shows this for your own numbers.