Maximum contracts
A maximum contract limit is the largest number of contracts an account may hold open simultaneously, usually stated separately for minis and micros.
How it works
Micros typically convert at ten to one, so a five-mini cap is fifty micros. The limit applies to simultaneous open positions rather than daily volume, so a strategy can trade far more contracts across a session than the cap suggests. Caps scale with account size — commonly 5 / 10 / 15 minis on 50K / 100K / 150K accounts — and are frequently reduced during the funded stage by a scaling plan.
Why it matters on a funded account
The cap is a ceiling, not a target. The size the drawdown buffer allows is usually well below it, and treating the headline number as the intended position size is a reliable way to breach an account early.
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Part of the Puravida Edge prop trading glossary. Firm-specific figures verified September 2026; rules change frequently — confirm on the firm's site.