What do you mean by Maximum Position Size?
The Maximum Position Size refers to the highest total number of contracts you are permitted to hold open at any moment across all instruments in Challenge of Hola Prime Accounts. For example, with a Maximum Position Size of 5, you could open a long position of 3 contracts of E-mini S&P (ES) and a short position of 2 contracts of Gold (GC) simultaneously.
The table below shows the Contract Size based on the account size:
Account Size(1-Step Challenge & Hola Prime Account) | Maximum Position Size |
$25K | 3/30 Contracts |
$50K | 5/50 Contracts |
$100K | 10/100 Contracts |
$150K | 15/150 Contract |
The table below shows the Contract Size based on the account size of the Hola Prime Account under the Direct Model:
Account Size(1-Step Challenge) | Maximum Position Size |
$25K | 1/10 Contracts |
$50K | 3/30 Contracts |
$100K | 6/60 Contracts |
$150K | 9/90 Contract |
The Micro-to-Mini futures contracts work on a 1:10 ratio in both the Challenge & Hola Prime accounts. Click to know How It Works