Here’s what you need to know about the maximum allowed contracts for your account size.
What Does "Max Contracts" Mean?
The “Max Contracts” rule is about keeping your trades within a safe range based on the amount of money you have in your account. Think of minis as the standard futures contracts, and micros as just a tenth of the size of minis. So, if your account has $50,000, you can trade 1 to 3 minis or 10 to 30 micros based on your account growth, or even a combination (e.g. 2 minis and 10 micros).
Sticking to these limits is key for managing your risk and staying on the right side of the rules.