Challenge Phase I & Phase II Accounts
Traders are not permitted to merge any challenge accounts together, regardless if they are in Phase 1 or Phase 2. You are still more than welcome to purchase up to simulated Funds $1.2M in active challenge accounts separately without them being merged.
Simulated Funded Accounts
What accounts can be merged?
We allow merging on our Standard, Rapid, and Royal Accounts only. Simulated Funded accounts within the same challenge type can be merged together once they are passed. Please note we cannot merge Simulated funded accounts from different challenges. Knights Accounts are not eligible for merging.
For example: If you have multiple Simulated funded Standard Challenge accounts, you are welcome to merge them together - however, please see additional rules that apply to merging Standard Challenge Accounts below for added context.
If you have multiple Simulated funded Rapid Challenge accounts, those too may be merged together. However, we cannot merge a Simulated funded Rapid Challenge account and a Simulated funded Standard Challenge account, or a Royal Challenge account and a Rapid Challenge account, so on and so forth.
Additionally, Kings Program accounts cannot be merged with a non-Kings program account.
Limitations to Merging Standard Challenge Accounts Together
Generally speaking, standard challenge accounts can be merged so long as they have the same drawdown rules AND they have the same EAs rules applied to them. This distinction is made because as of July 8th, 2023, traders are able to purchase a virtual drawdown and/or an EAs add-on to their Standard Challenge Account.
Permitted Merging of Accounts for the Standard Challenge
Note: Old Standard Challenge funded accounts refers to any Standard Challenge funded account that was purchased before July 8th, 2023. New Standard Challenge funded accounts refer to any Standard Challenge funded account that was purchased after July 8th, 2023.
Old Standard Challenge Simulated funded accounts can be merged with other old Standard Challenge Simulated funded accounts
Old Standard Challenge Simulated funded accounts can be merged with new standard Challenge Simulated funded accounts based on any of the following criteria:
The new Standard Challenge Simulated funded account does not have the EAs add-on so neither account being merged has EAs enabled
The new Standard Challenge Simulated funded account has the virtual drawdown add-on, such that the virtual drawdown rules are the same for both accounts (i.e., they both have a 6% daily and 12% max)
New Standard Challenge Simulated funded accounts can be merged with other new Standard Challenge Simulated funded accounts based on any of the following criteria:
Both of the new Standard Challenge Simulated funded accounts do not have the EAs add-on so neither account has EAs enabled
Both of the new Standard Challenge Simulated funded accounts do have the EAs add-on so both accounts have EAs enabled
Both of the new Standard Challenge Simulated funded accounts have the virtual drawdown add-on, such that the daily simulated drawdown is 6% and the max virtual drawdown is 12% for both accounts
Both of the new Standard Challenge Simulated funded accounts do not have the simulated drawdown add-on, such that the daily simulated drawdown is 5% and the max simulated drawdown is 10% for both accounts
Prohibited Merging of Accounts for the Standard Challenge
Any other scenario for merging Standard Challenge Simulated funded accounts is not permitted.
When can I request to merge the Simulated funded accounts?
Simulated Funded Accounts can only be merged when they are both at their starting balance and/or during the withdrawal period while you wait for the account to be enabled again. Please note the next withdrawal date will default to the payout date of the last account being merged.
For example- You merge two 100K Standard Challenge Simulated Funded Accounts (both at 100K demo balance) which have upcoming withdrawals on April 6th and April 9th. Once these accounts are merged into a 200K Standard Challenge Simulated Funded Account, the next withdrawal date for that account will be April 9th.
What will my payout percentage be?
The simulated profit split percentage will also default back to the lower profit split percentage of the two accounts. The default will be 80% if neither account was purchased with a promotion for a higher simulated profit split. You may still scale up the newly merged account to be eligible for a higher simulated profit split percentage after a 3-month period with the new account. Please review the scaling eligibility requirements for the Standard, Rapid, and Royal Accounts.
For example: If you have a 100K Standard Challenge Simulated Funded Account with a 90% profit split, then merge another 100K Standard Challenge Simulated Funded Account, with an 85% simulated profit split percentage, the newly merged 200K Standard Challenge Simulated Funded Account will be 85%. A profit split means you are paid based on data which is measured by simulated profit.
Please note that once any accounts are merged, they cannot be unmerged.
For help with merging together Simulated Funded Accounts, please contact our live support via Live Chat or email at [email protected]