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Futures: Contract limits explained

The short answer

Your account has a maximum number of contracts you may hold at once. Use the table below for the account-size limit; $25K is the exception to the usual one-mini-per-$10K pattern.

Your limit is the same in the challenge and the funded phase. It does not drop when you get funded.


Contract limits by account size

The table covers the listed Futures account sizes. Check your account’s contract limit and platform specifications before placing an order.

Account size

Max minis (e.g. ES, NQ, CL, GC)

Max micros (e.g. MES, MNQ, MCL, MGC)

$25,000

3

30

$50,000

5

50

$100,000

10

100

$150,000

15

150

$200,000

20

200

$300,000

30

300

$400,000

40

400

You can mix minis and micros as long as the total stays within the limit, counting 10 micros as 1 mini. On a $50,000 account (5 minis, 50 micros), 2 ES plus 30 micros is allowed (2 minis plus 3 mini-equivalents, so 5 in total). Six ES is not.


Why the limit exists

Contract limits control position size alongside margin, drawdown and trade-loss rules. Staying within the contract limit does not guarantee that a position’s risk is within the other limits. For the current percentages and calculations, see daily drawdown, trailing drawdown and Max Trade Loss. Use the rules assigned to your program, phase and account size.


What it means in dollars

On a $100,000 account your limit is 10 minis (or 100 micros). One ES tick is $12.50, and each point (four ticks) is $50. Ten ES contracts move $500 per point, so a 30 point move against you is $15,000.

 

That is why the limit is only half the job. It caps the number of contracts. Your Max Trade Loss and your stop cap how far a trade can run against you.


Minis and micros

For the platform’s contract-limit calculation, use its assigned mini-equivalent weight. Actual contract sizes are not universally one-tenth: some micro contracts have different multipliers. See the instruments guide and the contract specifications.


What happens if you exceed it

An order that would put you over your contract limit is blocked or flagged by the platform. Do not rely on that safety net: size your own orders so you always stay inside your limit.


Need help?

Contact Upcomers support through live chat, the help center, or at [email protected].

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