Yes, you may purchase and trade as many Challenge accounts as you wish. There is no limit to the number of Challenge accounts you can own or trade simultaneously.
The maximum allocation limit only applies to Funded Accounts, including Instant Funded accounts. Your total active funded allocation cannot exceed $400,000 at any given time.
If qualifying for or purchasing an additional Funded or Instant Funded account would cause you to exceed the maximum allocation, the additional account will remain inactive until your active funded allocation falls below the limit.
Example
If you already have $400,000 in active Funded and Instant Funded accounts combined, and you either pass another Challenge or purchase another Instant Funded account, the additional account will remain inactive until one or more of your active funded accounts has been closed, breached, or otherwise no longer counts toward your maximum allocation.
What about inactivity?
The standard inactivity rules still apply to all accounts.
However, an exception is made for accounts that are intentionally left inactive because they are waiting in the maximum allocation queue. If one of these queued accounts is breached solely due to inactivity while awaiting activation, our team will reactivate the account.
If you prefer to avoid this altogether, you can simply place a minimum trade (0.01 lots) on each queued account at least once every 30 days to keep it active while it waits.
Note: This exception applies only to accounts waiting in the maximum allocation queue. Inactivity breaches for all other accounts remain subject to our standard rules.