What is the Limit?
The maximum total funded account size for the 1 Phase Challenge is capped at $400,000. This means the combined value of all your active funded 1 phase accounts cannot exceed this amount at any given time.
How Does It Work?
You may hold multiple 1 phase funded accounts, but their total value must stay within the $400,000 limit.
For example:
Allowed: 4 x $100,000 accounts.
Not Allowed: 5 x $100,000 accounts (total $500,000).
Why is There a Limit?
The $400,000 limit is implemented to:
Promote Fairness: Ensure equal opportunities for all traders to access funded accounts.
Manage Risk: Maintain the firm’s financial stability and exposure to manageable levels.
Encourage Consistency: Help traders focus on building sustainable performance rather than managing overly large accounts.
Can 1 Phase Accounts Be Merged?
No, merging 1 Phase funded accounts is not allowed. Each funded account must remain independent, and their performance will be assessed individually. Traders are expected to manage their accounts separately within the $400,000 total funding limit.
This policy ensures clarity in account management and fair evaluation of trading performance.