On Qualified Accounts, the max lot exposure below applies to each account size.
Max lot exposure is the total combined lots/position size allowed at any one time on the account.
To illustrate, with a maximum exposure of 40 lots for a 100k account, you have the flexibility to open either a single trade of 40 lots or to distribute it across two trades of 20 lots each. However, you cannot open two trades of 25 lots each, as this would total 50 lots, exceeding the maximum limit of 40 lots.
ALPHA PRO / ALPHA ONE / ALPHA THREE
$5k = Max 2.5 lots
$10k = Max 5 lots
$25k = Max 10 lots
$50k = Max 20 lots
$100k = Max 40 lots
$200k = Max 80 lots
$300k = Max 120 lots
ALPHA SWING
$5k = Max 1.25 lots
$10k = Max 2.5 lots
$25k = Max 5 lots
$50k = Max 10 lots
$100k = Max 20 lots
$200k = Max 40 lots
$300k = Max 60 lots
Please note that the maximum lot exposure will depend on your leverage requirements and available margin.
During the account review at the withdrawal stage, should any violations of this rule be identified, we follow a strict procedure:
Upon the first instance of violating this rule, the performance fee earned through lot sizes exceeding the permitted limit will not be eligible for withdrawal.
Upon the second instance of violating this rule, the performance fee will be forfeited and the Qualified Analyst Account will be deactivated.
Please note that violations are assessed per position, not per trade idea. Therefore, a sequence of trades can result in multiple violations of this rule. For example, if the maximum lot limit for an account is 10 lots, a single trade of 11 lots followed by another trade of 1 lot, while the first trade remains open, will result in two breach counts and the closure of the account.
On Qualified Analyst accounts, you can request that the limit be increased; however, we require sufficient trading data from your Qualified Analyst account in order to consider and approve such an enhancement.