It is imperative to respect the maximum number of lots (contracts) authorized for your positions. If you exceed this limit, your valuation will fail or your Phidias CASH account will be closed. It is important to note that 10 micro-lots are equivalent to 1 mini-lot and 1 mini-lot = 1 “position”, 10 micro-lots = 1 “position”. For example, an account can have a maximum of 10 open positions in mini-lots or 100 positions in micro-lots.