Instant Funding is a prop firm which started as a prop firm which provides instant funding Program, Officially launched in June 2022, Instant Funding stood out as a revolution prop firm which offers instant funding and also basic evaluation programs. Instant Funding is based in the United Kingdom and founded and led by CEO Lewis. As the name suggests, Instant Funding is well known for their Instant Funding program but not just that, Instant Funding also provides challenges up to 3-Phases, Instant Funding has over 25000 Traders and proudly shows that they have paid over $5 million in payouts. There is also a Scaling Plan which can let the trader increase their capital by $2.5 Million.

Company Information

Company Name : Instant Funding

Company Legal Name : Acello Ltd.

Company Legal Number : 12696083

Company Address : 30 Old Bailey, London, EC4M 7AU

CEO Name : Lewis

Challenge Details:-

Instant Funding offers One-Phase Challenge, Two-Phase Challenge, Three-Phase Challenge and one instant funding account.

One-Phase Challenge :

Prices :

• $10,000: $79
• $25,000: $149
• $50,000: $259
• $100,000: $429
• $200,000: $857

Rules:

• Profit Target: 10%
• Total Loss: 6%
• Daily Loss: 3%
• Profit Share: 80%, Up to 90%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage(Standard Accounts):  Forex - 1:100, Commodities and indices - 1:20, Cryptocurrencies - 1:2.
• Leverage(Swing Accounts): Forex - 1:30, Commodities - 1:18, indices - 1:10, Cryptocurrencies - 1:2.
• Payout Frequency: 7 days
• Allows Copy Trading: Yes
• Min Trading Days: 3 Days

Two Phase Evaluation : 

Prices: 

• $10,000: $89
• $25,000: $189
• $50,000: $289
• $100,000: $489
• $200,000: $977

Rules:

• Profit Target(Phase 1): 10%
• Profit Target(Phase 2): 5%
• Total Loss: 10%
• Daily Loss: 5%
• Profit Share: 80%, Up to 90%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage(Standard Accounts):  Forex - 1:100, Commodities and indices - 1:20, Cryptocurrencies - 1:2.
• Leverage(Swing Accounts): Forex - 1:30, Commodities - 1:18, indices - 1:10, Cryptocurrencies - 1:2.
• Payout Frequency: 7 days
• Allows Copy Trading: Yes
• Min Trading Days: 3 Days

Instant Funding : 

Prices:

• $1,250 : $79
• $2,500 : $129
• $5,000 : $225
• $10,000 : $440
• $20,000 : $870
• $40,000 : $1735
• $80,000 : $3460

Rules:

• Profit Target: None
• Total Loss: 10%
• Daily Loss: 0%
• Profit Share: 70%
• Drawdown Type: Smart Drawdown
• Leverage(Standard Accounts):  Forex - 1:100, Commodities and indices - 1:20, Cryptocurrencies - 1:2.
• Leverage(Swing Accounts): Forex - 1:30, Commodities - 1:18, indices - 1:10, Cryptocurrencies - 1:2.
• Payout Frequency: 7 days
• Allows Copy Trading: Yes
• Min Trading Days: 0 Days

Scaling Plan :-

Scaling Plan works differently for both Smart drawdown type accounts and Static Drawdown type accounts.

For Smart Drawdown : To be eligible for scaling in Smart drawdown type account, the traders will have to make 10% profit in their account and that’s the only condition. After this the account size will increase by 5% of the initial balance but after the first scaling, the account size will increase by 2x and will be scaled up to a max capital of $2.5 Million.

For Static Drawdown : To be eligible for scaling, Traders must have to make 10% profit in 90 days and after meeting that conditions, Trader will have to request for scaling their account and the account will be scaled up by 25%. Trader can keep scaling in the same order cycle until their account size reaches to 100% of their account’s initial balance. Profit Split also increases to 90% when the trader submit their request after reaching the scaling condition.

News Trading Rules :-

By default, News Trading is not allowed when it comes to trading with Instant Funding, Traders must keep in mind that they are not allowed to trade before and after 4 minutes of any High Impact News, doing so can lead to breach.
Traders do get to trade during news if they buy Add-Ons for trade during news.

Other Things to keep in mind:-

How is daily drawdown calculated :

Daily Drawdown is based on the balance or equity whichever is higher at the end of the day, Which means the drawdown limit can grow or shrink in account based on the profit or loss in the account. 

Countries Banned from Purchasing :

There is no restrictions for who can join Instant Funding.

Strategies that are not allowed :

There are few trading strategies that are not allowed by Instant Funding.

• High-Frequency Trading Bots
• Martingale Trading
• Grid Trading
• Trading over 50% of the margin,
• All-in Strategy
• Copying trades from someone else’s account
• Use of third party public EAs.

Payout Methods : 

Instant Funding provides payouts via Riseworks exclusively.

Trading Commissions :

Commissions are set to $5 Per Lot in Forex, $2 Per Lot in Metals/Commodities, $2 per lot in Indices and  $1 Per Lot in Crypto.