AQRE FX calculates the drawdown on the value of the beginning daily balance at 00:00 GMT+2 

To further explain, you must not have a daily drawdown (negative) of 6% or more of equity OR balance on any given day. This includes open trades/floating loss at the time of rollover. (Please account for swaps and holding fees when holding large negative positions for extended periods of time.)

On top of the daily drawdown, we have an overall account drawdown of 12%. Breaching this will also result in the termination of your account.

For example, if your account has a starting daily balance of $100,000, your allowable daily loss for the day is $5,999, which puts your account at $94,001. However, if your starting daily balance was $110,000, your daily loss limit is still 6% of $100,000, and your allowable loss (including floating loss) is still $5,999, which puts your account at $104,001. 

This is important to ensure traders are mindful of risk management and make calculated trades, especially while on live, funded accounts.