What is the Maximum Number of Accounts Allowed?

Cove Funded does not limit the number of Funded Account Challenges that our traders can purchase, you can participate in multiple challenges at the same time, having several Active Accounts. Each trader can have a maximum combined starting equity of $200k. 

This means that whilst you can have a total of 33 Funded Account Challenges running at once, the number of purchases you can make is infinite, provided the total number of Active Accounts are not more than the starting equity limit of $200k. 

An Example: 

You can have a total of eight $25k Challenges, or four $50k Challenges, active at the same time. You can also have a mixed range of different Funded Account Challenges; two $50k Accounts, and one $100k Accounts. 

You would not be able to purchase one $100k Challenges and five 25k Challenges (combined starting equity is $225,000 – above our limit). 

If you reach our limit, do not worry! You can purchase more Funded Account Challenges once the ones you have purchased have been completed. 

In short, you can have up to $200k, in Active Challenges.