FundedNext allows traders to do copy trading between FundedNext Challenge Accounts, but these accounts must belong to the same individual, not others. Traders need to ensure that FundedNext's Challenge Account is designated as the "Master" account, with all other "Slave" accounts owned by the same individual.
However, here are the guidelines that traders must follow when participating in copy trading:
Copy trading between multiple FundedNext Challenge Accounts is permitted, provided the total capital allocation across accounts does not exceed our Max allocation of 300k.
Copy trading involving a FundedNext Account, whether between FundedNext Accounts or with any other account, is not allowed.
Copy trading with other Individuals, including friends and family, account management or "Pass your challenge" is strictly prohibited. Traders must operate independently and fully comply with FundedNext's policies.
Keep in mind that using Cloud-based Third Party Copier Services (Social trader tools, Traders connect, duplikum etc.) to copy trade is not allowed. This will lead to denial of the FundedNext account or reward. You can use a Trade Copier with a VPS to copy trades.
If a significant percentage of a trader's trades are identical to one or multiple traders based on the parameters, (Opening Price, Closing price, lot size, lot ratio, symbols, etc.) FundedNext employs an automated flagging system to identify trades that resemble those of one or more other traders. If a trader's account is flagged, it will undergo a manual review. Should this issue be identified, FundedNext reserves the right to terminate all associated accounts.
If we discover two or more accounts with a strikingly similar pattern and different criteria of trading style fall within similar categories, this could indicate that group trading is taking place. In such a scenario, all associate accounts will be immediately terminated.
If traders do not comply with any of the regulations, they may receive a formal warning or immediate termination from the FundedNext platform, depending on the severity of the case.
The purpose of having copy-trading rules is to ensure that all traders are trading fairly and ethically and to prevent any abuse of the copy-trading system. These rules help to maintain a level playing field for all traders and promote a healthy trading environment. By following these rules, traders can benefit from the copy trading system without compromising the integrity of the system.