Yes, you have the option to Merge your accounts, up to $300,000, into your FundedNext Account, subject to certain conditions.
Both accounts must be in the same challenge. For example, you can merge a Stellar 2-Step FundedNext Account with another Stellar 2-Step FundedNext Account, regardless of whether you are on the same platform or not (MT4, MT5). However, Merging different challenges is not allowed.
Merging is not permitted if there are any open trades or if the account is in the middle of a trading cycle. Please ensure that there are no open trades and that your account's Trading Cycle is complete before initiating a merge. Accounts with a negative balance cannot be Merged.
Please ensure that you follow the guidelines and contact our FundedNext Support Team if you have any further questions or need assistance Merging your accounts.
Challenge Accounts:
Unfortunately, traders are not permitted to merge their Challenge Account at FundedNext. Once you receive your FundedNext Account, you will be eligible for merging.
Reward Share in merged accounts:
Upon merging accounts, the Reward Share will revert to the lower Reward Share of the two accounts. For instance, if one account has a 90% Reward Share and the other has 80%, the default Reward Share after merging will be 80%. However, it is still possible to scale up the newly merged account to become eligible for a higher Reward Share after a 4-month period, provided that all scale-up criteria are fulfilled.
Note:
In case of account merging, if both of your accounts are MT4 accounts, you will get MT4 accounts after account merging. If both of your accounts are MT5 accounts, you will get MT5 after merging. If your one account is MT4 and another account is MT5, you will get MT5 account after merging.
While merging add-on accounts, it is necessary for both accounts to have the same add-on.
It is important to note that a 15% Reward Share from the Challenge Phase is disbursed once you end your Trading Cycle in a FundedNext Account with a 10% growth. However, if you Merge accounts before receiving this 15% reward share, then in order to receive the 15% Reward Share from the account you have Merged, you will need to achieve a 10% growth in your newly Merged account balance.
[Note: For U.S. clients, due to regulatory requirements, we will not be able to offer 15% Reward Share from Challenge Phase.]
Traders will not be able to merge accounts when one is a Scale-Up account and the other is not. Additionally, multiple accounts that are all Scale-Up accounts cannot be merged.
To get more information regarding the Scale-Up plan, kindly click here.