Last Updated on August 23, 2023
Being the best trader evaluation program is no small task; that’s why we’re always trying to improve the Gauntlet Mini™. We’re happy to announce that traders who pass the test can now have multiple funded trading accounts simultaneously.
Traders can sign up for two or more Gauntlet Mini™ evaluations with different emails for each. If they do, they’ll receive a separate funded trading account for every evaluation they pass. Candidates who are confident they can manage multiple accounts simultaneously can use this feature to access more funds for a lower evaluation cost. For most traders, we suggest only trading a single account for the best results and to avoid losing focus.
The Benefit of Multiple Funded Trading Accounts
Funded trading accounts can be either LiveSim or live with a broker. By default, the accounts are assigned to the same data feed user. In this case, the funded trader doesn’t have to pay exchange fees separately for each account. Please keep in mind that setting up multiple funded trading accounts may require a longer compliance process. In addition, the prop firms do not provide a leader-follower or other trade copy system between the accounts. You will need to trade them separately.
It’s also possible to keep an account stowed away for later use. However, you need to disclose when you intend to use the spare account and stick to a timeline you and the prop firms establish together. Should the account setup you require incur extra costs, the prop firms may require you to make that payment before setting up the accounts. For more details, check out the article on our help page.
Most day traders prefer to focus their attention on a single trading account. However, some can benefit from having more than one. We look forward to seeing the latter take advantage of this opportunity and succeed in the futures market their own way.
If you missed it, don’t forget to check out our previous announcement about the additional broker available for The Gauntlet Mini™.
Is there a maximum number of funded accounts a trader can have?
Hi Rajah! At the moment there is a limit of 3 funded accounts that you can have on hold, but no limit whatsoever if you want to trade them simultaneously.
So one user can have as many funded accounts as he achieves as long as he trades all of them actively ?
That’s right.
Edit: As of February 2022, there is now a limit of 3 multiple accounts that a trader can have with the prop firm.
are we allowed to use a third party trade copier across several funded accounts?
Hello! You can use any technology/strategies you like as long as it doesn’t break any of the rules, and if your platform allows it. But please consider that we suggest only trading a single account for the best results and to avoid losing focus.
Edit: As of January 2022, trade copiers are now forbidden during the evaluation process.
Trader copiers are forbidden during evaluation/gauntlet process but Is allowed by the prop firm once funded?
No, they are not allowed during live accounts either.
What if I’m funded with earn2trade with one account but I’m also funded with another firm with multiple accounts. Can the earn2trade account be one of the follower accounts in the copy trader?
Trade copiers are forbidden. Please check out this article for more information: https://help.earn2trade.com/en/articles/5660666-can-i-have-multiple-gauntlet-gauntlet-mini-and-live-livesim-accounts
I understand that but earn 2 trade would be my main account and I would be using trade copier to pass other prop firm challenges. Would that be okay?
Additional are multiple of the same sized accounts permitted? Such as three 150k funded accounts given you pass the evaluation for each individually.
Yes. Just keep in mind you can only have 1 live sim account at a time and there’s a limit of 5 multiple accounts that you can have with the prop firm.
Edit: As of February 2022, there is now a limit of 3 multiple accounts that a trader can have with the prop firm.
Once funded is it possible to have all the 3 accounts combined into one since a trade copier is not a option in this case
Hi! Sorry, that’s not possible at the moment. You will see accounts under the same credentials but you’ll need to trade them separately.