FundedNext provides traders with the opportunity to maintain a maximum aggregate amount of $300,000 within their FundedNext Accounts. This allocation threshold may be attained through a singular challenge or a combination of accounts, including Stellar 1-Step, Stellar 2-Step, and Stellar Lite.
For example, an individual may opt to acquire one Stellar 2-Step Account with a value of $100,000, as well as two Stellar 1-Step Account, each with a value of $100,000, resulting in a total of $300,000. Alternatively, they may choose to obtain one Stellar 2-Step Account worth $50,000, one Stellar 1-Step account worth $100,000, and three Stellar Lite accounts, each with a value of $50,000, once again reaching the total of $300,000.
In a similar manner, a trader may select two Stellar Lite accounts worth $50,000 each, two Stellar 1-Step accounts worth $50,000 each, and one Stellar 2-Step Account worth $100,000, resulting in a total of $300,000.
However, this limit is not applicable for purchasing Challenge Accounts.
To illustrate, if a trader wants, they can purchase five $100,000 Challenge Accounts. They can trade in all five Accounts in the Challenge phase. Upon reaching the Profit Target, only three Accounts will move to the FundedNext Phase as the maximum limit for having FundedNext Accounts is $300,000. The other two Accounts will be paused. If any of the FundedNext Account is breached, another paused Challenge Account will be eligible for FundedNext Phase.
While having multiple accounts offers flexibility for different trading strategies, traders must stick to the $300,000 overall limit.
It's important to note that for traders in Cambodia, Mongolia, Slovakia, Slovenia, Taiwan, Ukraine, the Czech Republic, and Pakistan, FundedNext allows a Maximum Allocation of $50,000 across their accounts.
Please refer to the image below for information on the countries with a Maximum Allocation Limit:
If a trader is from a country where the maximum allocation is $50,000 and has previously purchased a higher account size, such as $100,000 or $200,000, they will not be eligible to reset their account.
Note:
The purchase feature is currently unavailable for cTrader, $100,000 and $200,000 accounts.
For Stellar Lite Account, the maximum FundedNext Account allocation is $100,000.