You can have more accounts, but the maximum value/allocation of initial balance for program ProTrader is 400,000 EUR/USD, for StartTrader is 100 000 EUR/USD (or equivalent in different currency) and for program SwiftTrader is 200 000 EUR/USD (or equivalent in different currency). Maximum allocation applies for accounts in the virtually funded phase. The only exception to surpass this levels is with scaling.
Here are a few example scenarios:
Example 1 – ProTrader limit reached
If you have a virtually funded ProTrader account with an initial balance of 400,000 EUR/USD, you cannot have any other virtually funded ProTrader account at the same time. However, you may still trade on active virtually funded SwiftTrader or StartTrader accounts within their respective allocation limits.
Example 2 – Multiple StartTrader accounts
If you have two virtually funded StartTrader accounts with initial balances of 50,000 EUR/USD each, you have reached the 100,000 EUR/USD allocation limit for StartTrader. You cannot open another StartTrader account in the virtually funded phase but can still trade ProTrader or SwiftTrader accounts within their limits.
Example 3 – SwiftTrader limit exceeded
If you already hold virtually funded SwiftTrader accounts with a total initial balance of 200,000 EUR/USD, you cannot add another SwiftTrader account in the virtually funded phase unless it is through scaling. You can still trade StartTrader or ProTrader accounts as long as you do not exceed their limits.
We advise you to use different trading strategies for different accounts. In that way you reduce the risk of closing multiple accounts at once.
For open positions, you can have a maximum of 200 open or pending orders at once.
You can find a list of all tradable instruments on the Fintokei website, including the max order size per trade