Short answer: You can usually have more than one prop firm account, but two limits apply: a cap on the number of accounts you can hold, and a cap on the total funded capital, or "maximum allocation," one trader can control. At Fewpips, the cap is a combined total of $300K in allocated CFD balance, or 5 Future Based accounts and $300K in combined CFD allocation, or 5 Future Based accounts.

Running multiple accounts is a normal way to scale, but it comes with rules that trip up traders who assume "more accounts means unlimited capital." This post explains the two caps, why they exist, and how to run several accounts cleanly.

The two limits that matter

1. Number of accounts. Firms set a maximum number of accounts a single person can own. This keeps the environment fair and stops one trader from opening dozens of accounts to game the odds.

2. Maximum allocation. This is the bigger one. It caps the total funded capital you can control across all your accounts combined. Even if you could technically buy more accounts, your combined funded size is limited to a set ceiling.

Both are per person, not per email or per payment method. Firms link accounts by identity, so opening accounts under slight variations of your details does not reset the count. It just looks like an attempt to dodge the limit.

Why maximum allocation exists

Maximum allocation is the cap that surprises people, so it is worth understanding. In a funded model, the firm takes on the payout obligation for every funded account you run. If one trader could control unlimited capital, a single lucky streak, or a single exploit, could create a payout the firm never planned for.

So the firm sets a ceiling on total controlled capital. You can scale up to that ceiling by passing more challenges or using larger account sizes, but not beyond it. Once you hit the cap, adding accounts does not add allocation.

The Fewpips numbers are here: the allowance is $300K in combined CFD allocation or 5 Future Based accounts per trader, whichever path you trade.

Can you trade the same strategy on all of them?

Usually yes, and this is exactly why traders open multiple accounts: to run one proven strategy across several accounts and multiply the payout. Self-copying across your own accounts is commonly allowed within the limits. See our guide to copy trading on prop firms for where that line sits.

What is not allowed is using multiple accounts to hedge against yourself. Opening a buy on one account and a sell on another to guarantee a payout is a banned exploit, covered in our prohibited trading, precisely defined guide. The difference: copying the same directional strategy is fine, but taking opposite sides to lock in a guaranteed win is not.

How to run multiple accounts cleanly

  1. Register everything under your real, consistent details. Same name, same identity, every time. This avoids any appearance of dodging the account limit.
  2. Track your total allocation. Add up the funded size across all accounts and keep it under the cap.
  3. Keep strategies directional, not offsetting. Copy your edge across accounts, but never take opposite sides to hedge.
  4. Watch each account's rules separately. Each account has its own loss limits and drawdown floor, so a breach on one does not excuse a breach on another. Review the trailing maximum loss floor for how that works per account.

Frequently Asked Questions

How many accounts can I have on Fewpips?

There is a set maximum per trader, plus a cap on total funded capital across them. there is no fixed account count: the limit is $300K in combined CFD allocation, or 5 Future Based accounts.

What is maximum allocation?

It is the ceiling on total funded capital one trader can control across all accounts combined. You can scale up to it, but not past it, even if you pass more challenges.

Can I open accounts under a family member's name to get more?

No. Firms link accounts by identity, and coordinating accounts across people to beat the limit is treated as an exploit. It is one of the patterns caught at the payout audit.

Can I run the same strategy on several accounts?

Yes, self-copying your own directional strategy across your own accounts is usually fine within the limits. Just never use two accounts to hedge opposite sides against each other.

The Fewpips take

Multiple accounts are a legitimate way to scale, as long as you respect the two caps and keep every account under your own real identity. Copy your edge, do not hedge yourself, and track your total allocation. Ready to add your next account? Get Funded Now.


Fewpips accounts trade in a simulated environment with simulated funds. This article is educational information about how prop firm rules generally work and is not financial advice.

Related reading

Have more questions? Check our FAQ or contact us.