Instant Funding’s Instant Funding Program Explained!!
123
TheTrustedProp
Date: August 22, 2024
If you're exploring funding programs for traders, you've probably come across many options, each with its own set of rules and requirements. However, not all programs are created equal. Instant Funding is one that stands out, especially with its Instant Funding Challenge. This program is designed to be straightforward and trader-friendly, making it easier for you to focus on trading without the typical constraints. In this article, we'll dive into what the Instant Funding Challenge is all about, its features, and why it could be the right choice for you.
Instant Funding Challenge: Key Features
So, what exactly is the Instant Funding Challenge? This challenge is designed to be as flexible as possible, giving you the freedom to trade according to your own strategy and pace. Unlike many other programs that impose strict rules and deadlines, this challenge is all about giving you the tools and freedom to succeed on your terms.
Profit Target :-
One of the best things about the Instant Funding Challenge is that there is no profit target. In many other programs, you might have to reach a certain profit level before you can access your funds, but not here. You can make as much profit as your trading skills allow, and there’s no pressure to meet a set target.
Daily Drawdown :-
Another great feature is the absence of a daily drawdown limit. With Instant Funding, you don’t have to worry about hitting a daily drawdown limit. This means you have the freedom to trade as you see fit, without the constant worry of breaking a daily rule.
Max Drawdown :-
The Instant Funding Challenge uses a diffrent kind of Drawdown called Smart Drawdown. This is a little different from the traditional trailing drawdown method that you might be used to. The max drawdown is set at 10%, but this where it gets interesting: this drawdown limit stays the same until you make a 5% profit on your account. Once you've made that 5%, the drawdown becomes more flexible and doesn’t move, making it easier to manage your risk. This system is designed to keep things simple while still allowing you to grow your account safely.
Minimum Trading Days :-
Instant Funding doesn’t have any minimum trading day requirements. This means you can take your time and trade at your own pace without worrying about meeting a daily quota. This flexibility allows you to focus on making the right trades rather than just meeting a time requirement.
Maximum Trading Days :-
Just like there’s no minimum, there’s also no maximum number of trading days in the Instant Funding Challenge. This means you can take as long as you need to pass the challenge. Whether you want to trade quickly or take your time to develop your strategy, the choice is yours. This feature is especially beneficial for traders who might need more time to adjust to market conditions or who prefer a slower, more deliberate trading style.
Profit Share :-
Instant Funding offers a profit share of 70%, which means you get to keep 70% of the profits you make. The remaining 30% goes to the firm. This profit-sharing arrangement is quite generous compared to many other funding programs, where the firm often takes a larger portion of your earnings. With Instant Funding, you’re rewarded fairly for your trading success, which makes the program even more appealing.
Payout Frequency :-
When it comes to withdrawing your profits, Instant Funding makes it easy. Once you’re funded, you can withdraw your profit share every 14 days. After your first payout, you have the option to withdraw your profits every 7 days. This regular payout schedule gives you the flexibility to enjoy your earnings frequently, which is a nice bonus for any trader.
Leverage Offered by Instant Funding :-
Leverage is an important tool for traders, and Instant Funding offers competitive leverage across various asset classes. For regular accounts, you can get up to 1:100 leverage on currencies, up to 1:20 on commodities and indices, and up to 1:2 on cryptocurrencies. If you’re using a swing account, which is designed for longer-term trading strategies, the leverage is slightly lower, with up to 1:30 for currencies, up to 1:8 for commodities, up to 1:10 for indices, and up to 1:1 for cryptocurrencies. This range of options allows you to choose the account type and leverage that best suits your trading style.
News Trading :-
News trading can be risky due to the high volatility that often accompanies major news events. By default, Instant Funding doesn’t allow news trading, but there’s an option to add it if you’re not using a swing account. If you’re interested in trading during news events, you can purchase an add-on that enables this feature. This is especially useful if you have experience trading during news and want to take advantage of market movements. In swing account, traders can hold their position through a high impact news.
Holding Trades Overnight and Over the Weekend :-
For those who like to hold positions for longer periods, Instant Funding allows you to hold trades overnight on all account types. However, holding trades over the weekend is generally not allowed unless you have a swing account, which permits weekend holding. This rule is in place to help manage risk, particularly in volatile markets, but the swing account option gives you the flexibility to hold trades longer if that’s your strategy.
Add-Ons :-
To customize your trading experience even further, Instant Funding offers two add-ons. The first allows you to trade during major news events, and the second increases your profit split by an additional 10%, taking your total profit share to 80%. These add-ons can be purchased when you set up your account, giving you more control over your trading environment and potential earnings.
Account Sizes :-
Instant Funding offers a variety of account sizes to fit different trading levels. You can choose from accounts ranging from $1,250 to $80,000. This range ensures that whether you’re just starting out or are an experienced trader, there’s an account size that fits your needs. Choosing the right account size depends on your comfort level, trading goals, and the amount of capital you want to manage.
Conclusion
The Instant Funding Challenge is designed to provide traders with a flexible, straightforward, and rewarding experience. With no profit targets, no daily drawdown, and the innovative Smart Drawdown system, it’s an attractive option compared to more traditional funding programs. The variety of account sizes, profit-sharing options, and customizable add-ons make it even more appealing. Whether you’re an experienced trader looking for a new challenge or a beginner seeking a supportive environment to grow your skills, the Instant Funding Challenge is definitely worth considering.