There is a limit to the total number of lots that you can have open at any time. This limit is determined by the total lot exposure, which is the sum of all the lots for all the trades that are open at the same time.
IMPORTANT:
The Maximum Lot Exposure Limit is not a daily cap, instead, it applies to the number of trades open at the same time, and varies based on the account size. This rule applies to the 2 Step Model Master Account.
Lot Exposure Limit per Account Size
$5,000 account: None
$10,000 account: None
$25,000 account: Maximum 10 lots
$50,000 account: Maximum 20 lots
$100,000 account: Maximum 40 lots
The maximum lot exposure allowed for any FundingPips evaluation model is 40 lots. This includes merged accounts with capital above $100,000, the maximum lot exposure limit remains the same.
If you hit the Maximum Lot Exposure Limit, you can still open new trades on the same day, as long as you close your current ones. The exposure limit applies only to open trades and is not a daily trading limit.
Example: $25,000 Account (Maximum 10 Lots)
With a $25,000 account, you can have one 10-lot trade open or five 2-lot trades. If you open two 10-lot trades and close both with a $1,000 profit, the profit from the second trade will not be counted and will be deducted from the account due to exceeding the Lot Exposure Limit.
IMPORTANT:
Exceeding the Lot Exposure Limit will result in the deduction of profits from trades above the limit. If this causes a violation of the trading rules and limits, you will be held responsible.
βThe first violation will result in a warning, while the second will lead to the removal of profits from trades above the limit, a profit deduction (reducing rewards to 30% of your profits), and account closure.