On Qualified Trader accounts the below max lot exposure applies to each account size.
Max lot exposure is the total combined allowed 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 initiate either a single trade of 40 lots or distribute it across two trades of 20 lots each. However, you cannot execute two trades of 25 lots each, as this would aggregate to 50 lots, thereby exceeding the established 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
During the account review at the withdrawal stage, should any violations of this rule be identified, we adhere to a rigorous procedure.
Upon the initial instance of violating this rule, the performance fee acquired through lot sizes exceeding the permissible limit will not be eligible for withdrawal.
Upon the second instance of violating this rule, this will lead to the performance fee being forfeited and the analysis account being 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 account's closure.
On Qualified Trader accounts, you can request for the limit to be increased, however, we require sufficient trading data from your Qualified trader account in order to consider and approve such an enhancement.