Can I Merge Two or More FundedNext Accounts? FundedNextās flexible account merging policy allows traders to consolidate their funded accounts up to $300,000, or $50,000 for the Stellar Lite account, subject to a few conditions. To ensure a seamless merging process, both accounts must be within the same challenge (Express Non-Consistency) and can be merged even if they are on different platforms (Versions 4 and 5). However, it is essential to remember that accounts from different challenges cannot be merged, highlighting the importance of selecting the appropriate challenge when opening a funded account with FundedNext. FundedNextās account merging policy does not extend to traders who are still in the Challenge Phases. To be eligible for account merging, traders must complete the evaluation phase and receive their FundedNext account.
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Can I Merge Two or More FundedNext Accounts?
Yes! you can merge two or more FundedNext accounts up to $300,000. It is important to note that both accounts must be in the same challenge before considering to merge them. There must be no open trades and accounts must not be in the middle of a trading cycle before considering to merge them.
What to do before merging an account with FundedNext
It is important to adhere to FundedNextās account merging guidelines to ensure a smooth and successful merging process. When initiating a merge, traders must take the following steps to avoid any complications:
- Close all Open Positions: All open trades must be closed before initiating a merge, allowing the accountās balance to be accurately calculated and merged with the target account.
- Complete Trading Cycles: Traders must ensure that the trading cycle for the account being merged is completed, with no remaining trading days left in the cycle.
- Positive Balance: Only accounts with a positive balance can be merged.
Merged account percentage payment
When merging accounts at FundedNext, itās essential to be aware that traders maintain a clear separation between these account categories, add-on and non-add-on accounts cannot be merged. The profit split percentage of the new account will be set to the lower of the two merged accounts. For instance, if one account has a 90% profit share and the other has 80% the merged account will start with an 80% profit share.
However, this lower profit split percentage is not permanent. By consistently demonstrating profitability and meeting the firmās scaling-up criteria, the account can be scaled up over time, reaching a higher profit share percentage in as little as 4 months. Traders should be aware of the payment of their 15% profit share from the challenge phase. Traders must finish their trading cycle in a FundedNext account with a 5% growth to be eligible for the profit share.
