We do not place any limit on the number of accounts you can have in the BoerFunded Challenge and Verification stage. However, we have a maximum capital allocation limit when you are a BoerFunded Trader, which is $400,000 (on Normal risk setup, prior to scalling) per trader or strategy, at any given time.
Equivalent limits are in place for other currencies:
€320,000
£280,000
CAD 480,000
AUD 520,000
CHF 320,000
CZK 8,000,000 (all amounts shown in USD Dollars).
These limits are in place due to risk mitigation and diversification measures.
Note: Please be careful not to get multiple accounts through various registrations as this is not permitted. If we discover identically traded strategies through various accounts, and exceeding the total of $400,000 in active BoerFunded Accounts, we reserve the right to suspend those accounts as per the contract.
If you would like to combine your individual BoerFunded Account into a single master BoerFunded Account, we can do so upon request. The combined BoerFunded Accounts need to be at least at their initial account balance to be merged and meet the following conditions:
The BoerFunded Account is not in drawdown.
There is no profit due for your Profit Split.
All accounts to be merged have the same risk setup.
All accounts to be merged are in the same base currency.
The single merged BoerFunded Account will then have a combined balance value as well as the drawdown limits (5% Maximum Daily Loss/ 10% Maximum Loss.)
If you wish to compound your profits, you do not have to withdraw them before merging the accounts.