Navigating the world of trading challenges can be complex, but Instant Funding’s One-Phase Challenge aims to make it straightforward. In this article, we’ll break down everything you need to know about this challenge, including profit targets, drawdown rules, trading days, and more. Whether you're new to trading or have experience, this guide will help you understand what to expect.

Introduction to Instant Funding’s One-Phase Challenge

Instant Funding’s One-Phase Challenge is a simple and direct way to get access to trading capital. Unlike other challenges that involve multiple phases and complicated rules, this one-phase challenge focuses on making the process easier and more efficient for traders.

Profit Target :-

Instant Funding's One Phase Challenge has set the Profit Target to 10% . This means you’re only required to hit a specific profit amount which is not too much neither too low to pass the challenge in a lucky trade. The profit target is perfectly balanced for any trader.

Daily Drawdown: Keeping Your Losses in Check :-

In the One-Phase Challenge, the daily drawdown is set at 3%. This means you need to be careful not to lose more than 3% of your account value in a single day. The daily drawdown can be calculated in two ways:

First, it can be based on your account balance at midnight. If your balance falls by 3% or more during the day, it counts as a breach.

Second, it can be based on your account equity at midnight, which includes any open positions and floating profits or losses. If your equity drops by 3% or more, this also counts as a breach.

Max Drawdown :-

The maximum drawdown allowed in the One-Phase Challenge is 6%. This is based on Static Drawdown, which means it remains constant at 6% of your initial balance. This provides a clear and stable risk management guideline throughout the challenge.

Trading Days :-

With the One-Phase Challenge, there’s no requirement for a minimum number of trading days. You can start and finish the challenge whenever you like, without pressure. Similarly, there is no maximum number of trading days. You can take as long as you need to complete the challenge, allowing for a more relaxed and personalized trading experience.

Profit Share :-

Instant Funding offers a generous profit share of 80%. This can increase up to 90%, depending on your performance and other factors. This means you can keep a large portion of your profits, making the challenge more rewarding for successful traders.

Payout Frequency :-

Once you pass the challenge and get funded, you’ll receive your profit share every 14 days. After the initial payout, you can withdraw your profits weekly. This regular payout schedule provides consistent access to your earnings and allows for better financial management.

Leverage: Adjusted for Different Assets

The leverage you get in the One-Phase Challenge varies based on the type of asset you’re trading. For standard trading:

• Currencies can be traded with leverage up to 1:100.
• Commodities and indices can be traded with leverage up to 1:20.
• Cryptocurrencies can be traded with leverage up to 1:2.

For Swing accounts, the leverage changes:

• Currencies can be traded with leverage up to 1:30.
• Commodities can be traded with leverage up to 1:8.
• Indices can be traded with leverage up to 1:10.
• Cryptocurrencies can be traded with leverage up to 1:1.

News Trading :-

News trading is allowed only on Swing accounts. This means you can trade around major news events, but you need to follow specific rules. By default, you can’t trade during high-impact news releases unless you purchase an add-on for news trading. With this add-on, you can trade before and after the news event.

Holding Trades Overnight and Over the Weekend :-

You are allowed to keep positions open overnight and over the weekend. This flexibility lets you take advantage of longer-term market trends without worrying about daily or weekend restrictions.

Add-Ons :-

Instant Funding offers several add-ons that you can purchase to enhance your trading experience. These include:

• Allowing major news trading, which lets you trade around high-impact news events.
• Enabling more frequent payouts, so you can withdraw your profits every 5 days instead of every 14 days.
• Increasing your profit share by adding 10% to your split.
• Expanding your max drawdown limit by 2%, raising it to 8%.

These add-ons are optional and come with additional costs, but they can provide more flexibility and benefits.

Account Sizes :-

The One-Phase Challenge offers several account sizes to match different trading styles and preferences. You can choose from:

• $10,000
• $25,000
• $50,000
• $100,000

Conclusion

Instant Funding’s One-Phase Challenge is designed to be straightforward and flexible. With no profit targets, generous profit sharing, and the freedom to trade at your own pace, it provides a supportive environment for traders. The various leverage options, along with the ability to hold trades overnight and over the weekend, make it an attractive choice. Whether you stick with the basic rules or opt for additional add-ons, this challenge offers something for every trader.