Five cumulative Strikes result in permanent account closure. If the fifth Strike is triggered, no payout, reduced payout, pending withdrawal, or profit split is issued for that cycle.
Example: if an account already has 4 cumulative Strikes and the trader requests payout while a Conditional Strike condition is still active, that new Strike would be the fifth. The account is permanently closed and no payout is issued.
Related Terms: Sections 1.2, 7.14, 7.20.4