Definition
Max allocation
The cap on total funded capital one trader may manage at a firm, across all accounts.
Firms cap the sum of account sizes per trader (e.g. $300K–$600K total). Buying more challenges than the cap allows wastes fees: passed accounts beyond the cap can't activate.
Caps often count merged and copied accounts together — relevant if you run the same strategy on multiple accounts.
Related terms
General industry definitions — individual firms define terms differently in their own ToS; the decoded rulebook for each firm is the source of truth. Educational, not financial advice.