Review
General Company Information
Instant Funding presents itself as a proprietary trading firm with a mission to transform the landscape of prop trading and financial education, taking a long-term perspective on both the industry and its operators. Its vision focuses on implementing transparent regulations, a competitive pricing structure, and robust procedures for risk management and regulatory compliance.
Founded in 2021 in the United Kingdom, the company officially launched operations in June 2022, following a year dedicated to extensive testing and collecting relevant data. This preparation period suggests a meticulous focus on the quality and reliability of the services offered.
Financing Programs
Instant Funding offers a variety of funding programs designed to meet the needs of traders with different experience levels and goals. These programs include the Instant Funding program, the One-Phase and Two-Phase challenges, and, although less detailed, a Three-Phase program is also mentioned.
Below is a comparison table of the key features of the Instant Funding, One-Phase, and Two-Phase programs, based on the information collected:
| Feature | Instant Funding | One-Phase Challenge | Two-Phase Challenge |
|---|---|---|---|
| Profit Target | None | 10% (or 8% with add-on) | Phase 1: 10% (8% with add-on); Phase 2: 5% |
| Daily Drawdown | Not Applicable | 3% | 5% |
| Maximum Drawdown | 10% initial, adjusted to 5% upon reaching 5% profit | 8% (or 10% with add-on) | 10% (or 12% with add-on) |
| Time Limit | Doesn’t have | Doesn’t have | Doesn’t have |
| Minimum Trading Days | Not applicable | 3 (can be omitted with add-on) | 3 (can be omitted with add-on) |
| Leverage (Currency) | Up to 1:100 | Up to 1:100 | Up to 1:100 |
| Keep Night | Yes | Yes | Yes |
| Keep Weekend | No (requires add-on) | Yes (in challenge), No (at anchor, requires add-on) | Yes (in challenge), No (at anchor, requires add-on) |
| Profit Split | 80% (up to 90% with add-on) | 80% (up to 90% upon reaching 10% profit in 3 months or with add-on) | 80% (up to 90% upon reaching 10% profit in 3 months or with add-on) |
| Scaling | x2 every 10% profit, up to $1.28M | +25% every 90 days upon reaching 10% profit, up to double | +25% every 90 days upon reaching 10% profit, up to double |
| Payments | On-demand (first payment 14 days after the first trade) | On-demand | On-demand |
Instant Funding Program
This program stands out by offering a significantly higher payout probability, 3-4 times higher than other programs offered by Instant Funding. One of its most notable features is the absence of predefined profit targets. Instead, traders advance and become eligible for payouts by securing their “Smart Drawdown,” which is achieved by reaching a 5% profit on their account balance.
Smart Drawdown
The program incorporates an intelligent drawdown system: initially, the maximum drawdown is set at 10% of the initial balance. However, once the trader reaches a profit of 5%, this limit is automatically adjusted to 5% of the initial balance and remains at that level permanently. It is important to note that this program does not impose a daily drawdown limit.
Profit Split and Scaling
The profit split for traders in the Instant Funding program starts at 80%, but there is the option to increase it to 90% by purchasing an add-on. Additionally, the program offers an aggressive scaling model where account size doubles every time a trader earns 10%, with the potential to grow to a balance of $1.28 million.
Flexibility and Payments
For traders who prefer flexibility in their schedule, this program does not require a minimum number of trading days. Holding positions overnight is permitted, although holding positions on weekends is not permitted unless a specific add-on is purchased that also enables trading during major news events. Payouts are made on demand once requirements are met, with the first eligible payment occurring 14 days after the first trade, followed by weekly payouts.
Account Sizes and Prices
| Account Size | Price (Flat Rate) |
|---|---|
| $1,250 | $79 |
| $2,500 | $120 |
| $5,000 | $225 |
| $10,000 | $440 |
| $20,000 | $870 |
| $40,000 | $1,735 |
| $80,000 | $3,460 |
One-Phase Challenge Program
The One-Phase Challenge program is designed for experienced traders looking for a challenge with defined goals and the opportunity to access greater rewards.
Goals and Limits
To overcome this challenge, traders must achieve a profit target of 10% on their initial account balance, although this target can be reduced to 8% with the purchase of an add-on. The program imposes a maximum daily drawdown of 3% of the account balance and a maximum total drawdown of 8% of the initial balance, which can be increased to 10% with an add-on.
Profit Split and Scaling
The profit split for this program starts at 80%. Traders have the option to increase this split to 90% if they achieve a 10% profit within a 3-month period. Alternatively, a 90% profit split can be achieved instantly by purchasing an add-on. The program also offers scaling opportunities: account size can grow by 25% every 90 days as long as a 10% profit target is reached, up to doubling the initial account size.
Requirements and Flexibility
To complete the challenge, a minimum of 3 trading days is required, although this rule can be waived using an add-on. Holding positions overnight and on weekends is permitted during the challenge phase. For funded accounts after the challenge, an add-on is required to hold positions over the weekend.
Account Sizes and Prices
| Account Size | Price (Flat Rate) |
|---|---|
| $5,000 | Not specified |
| $10,000 | Not specified |
| $25,000 | $149 |
| $50,000 | $269 |
| $100,000 | $479 |
| $200,000 | $925 |
Two-Phase Challenge Program
General Description
The Two-Phase Challenge program, similar to the One-Phase program, is geared toward experienced traders and features a two-stage evaluation process.
Goals and Limits
To overcome this challenge, traders must reach a profit target of 10% in phase one (or 8% with an add-on) and then 5% in phase two. The program establishes a maximum daily drawdown of 5% of the account balance and a maximum total drawdown of 10% of the initial balance, which can be increased to 12% with an add-on.
Profit Split and Scaling
The profit split structure is identical to the One-Phase program: it starts at 80% and can increase to 90% if you achieve a 10% profit within 3 months, or you can get to 90% instantly with an add-on. The scaling model is also the same, with account size increasing by 25% every 90 days upon reaching a 10% profit, up to doubling the initial size.
Requirements and Flexibility
As with the single-phase program, a minimum of three trading days is required to complete the challenge, with the option to waive this requirement through an add-on. Holding positions overnight and on weekends is permitted in both phases of the challenge. For funded accounts, an add-on is required to hold positions over the weekend.
Account Sizes and Prices
| Account Size | Price (Flat Rate) |
|---|---|
| $5,000 | Not specified |
| $10,000 | Approximately $65 |
| $25,000 | $149 |
| $50,000 | $269 |
| $100,000 | $479 |
| $200,000 | $925 |
Add-ons and their Costs
Instant Funding offers a variety of add-ons designed to allow traders to customize their trading experience. These include options to allow trading during major news events and hold positions over the weekend, enable 5-day payouts, reduce the profit target by 2%, add 10% to the profit split, add 2% to the maximum drawdown, and remove minimum trading days. However, information about the specific costs of these add-ons is not provided in the snippets.
| Add-on | Benefit |
|---|---|
| Allow trading on major news events and hold weekend | Allows traders to trade during major news events and hold open positions over the weekend, which is normally restricted. |
| Enable 5-day payouts | Reduce wait times for payouts, allowing traders to access their profits more quickly. |
| Reduce Earning Target by 2% | Decreases the percentage of earnings required to complete a challenge or reach a payout milestone. |
| Add 10% to profit split | Increases the proportion of profits the trader can keep, improving overall profitability. |
| Add 2% to the maximum drawdown | Provides additional margin of loss before the account is considered in default. |
| Eliminate minimum trading days | Allows traders to complete challenges or be eligible for payouts without having to meet a minimum number of trading days. |
General Rules
Forbidden Strategies
- One-sided bets
- Grid trading
- High-frequency trading (HFT): Defined as holding trades for 60 seconds or less or executing an unusually high number of trades per hour.
- Martingale strategy: Although allowed in Instant Funding accounts, it requires avoiding continuous doubling of lot size after losses.
These restrictions seek to encourage responsible and fair trading practices.
Prohibited Practices
- Gambling and overleverage: risk per transaction exceeds reasonable limits.
- Trading important news: within 4 minutes before or after the release (unless you own the add-on).
- Copy trading: between unrelated accounts.
- Use of third-party public Expert Advisors (EAs): only proprietary EAs are allowed.
- Reverse trading and group hedging.
- Group copy or account management.
- Account churning or rolling: repeatedly opening and closing multiple accounts in a short period.
- Exploitation of system flaws.
- Exploiting inefficiencies in trading platforms: such as latency arbitrage.
These rules are designed to maintain the integrity of the platform and ensure a fair evaluation of each trader’s individual performance.
Position Maintenance
Holding open positions overnight is permitted on all programs. However, the policy for holding positions over the weekend varies:
- Instant Funding Program: Not allowed unless the Major News Trading and Weekend Maintenance add-on is purchased.
- One-Phase and Two-Phase Programs (Challenge Phase): Holding positions over the weekend is allowed.
- One-Phase and Two-Phase Programs (Funded Account): The same add-on is required as for Instant Funding.
Specific Rules of the Instant Funding Program
Smart Drawdown
The Instant Funding program is characterized by its Smart Drawdown system.
- Initially, the drawdown is set at -10% of the account balance.
- Once the trader reaches a 5% profit, the drawdown is adjusted to -5% of the initial balance and remains at that level permanently.
- For accounts that have been scaled, the drawdown is updated to -5% of the new scaled balance, not including any profits made.
Scaling
Scaling on Instant Funding accounts is triggered by achieving a minimum profit of 10% on the account.
- The scaling method involves using 5% of the initial account balance to double the account size (x2 scaling speed).
- The maximum allocation that can be achieved through escalation in this program is $1,280,000.
Payments
Payments under the Instant Funding program can be requested:
- For the first time: 14 days after the first operation.
- Subsequently: every 7 days after performing a new operation.
- Payment methods: Rise (bank transfers and cryptocurrencies) or directly in cryptocurrencies.
- Minimum threshold: $25.
- Target processing time: within 24 hours of request.
Specific Rules of the One-Phase Challenge Program
- Profit Target: 10% (or 8% with add-on).
- Drawdown Limits: 3% daily and 8% maximum (or 10% with add-on).
- Minimum Trading Days: 3 (can be removed with add-on).
- Scaling: 25% increase every 90 days upon reaching 10% profit, up to doubling the initial size.
- Payments: On demand once eligible.
Two-Phase Challenge Program Specific Rules
- Profit Target: Phase 1: 10% (or 8% with add-on); Phase 2: 5%.
- Drawdown Limits: 5% daily and 10% maximum (or 12% with add-on).
- Minimum Trading Days: 3 (can be removed with add-on).
- Scaling: 25% increase every 90 days upon reaching 10% profit, up to doubling the initial size.
- Payments: On demand once eligible.
Information on Deposits and Withdrawals
Deposits
- Card
- Crypto
- Apple Pay
- Google Pay
- Skrill
- Neteller
Withdrawals
- Rise
- Crypto
Tradable Financial Instruments
| Category | Instruments |
|---|---|
| FX Major | EURCAD, CADJPY, CHFJPY, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY |
| FX Minor | AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, EURAUD, EURNZD, GBPAUD, GBPNZD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDSGD |
| FX Exotic | EURTRY, GBPZAR |
| Metals | XAGUSD (Silver), XAUUSD (Gold) |
| Raw Materials | WTI US Crude Oil, BRENT Brent Crude Oil |
| Major Indices | ASX200 (Australian 200 Index), SPX500 (S&P 500 Index), US30 (Dow Jones), US100 (NAS100), GER40 (Germany DAX Index), UK100 (UK 100 FTSE Index), JPN225 (Japan Nikkei 225 Index) |
| Cryptocurrencies | BTCUSD (Bitcoin), ETHUSD (Ethereum), LTCUSD (LiteCoin), SOLUSD (Solana), DOGEUSD (Dogecoin), BCHUSD (Bitcoin Cash), XRPUSD (Ripple), DOTUSD (Polkadot), ADAUSD (Cardano) |
Restricted Countries
Instant Funding has a country restriction policy. The list of restricted countries includes: Afghanistan, Burundi, Central African Republic, Republic of the Congo, Cuba, Crimea, Democratic Republic of the Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, and Zimbabwe.
Furthermore, please note that access to and use of the Services may be restricted by local laws, and users should ensure compliance with local regulations.
Customer Support
Instant Funding offers a variety of support options:
- Live Chat: Available 24/7 for general inquiries, with an average response time of < 1 minute. Reported response time: ~33 seconds.
- Email (General Support): support@instantfunding.io for questions about purchased accounts, response time is 24 hours.
- Email (Partners/Affiliates): partners@instantfunding.io.
- Community and Social Networks: Active community on Discord and presence on Instagram, TikTok, Telegram, LinkedIn, X (Twitter), Facebook and YouTube (they are not direct support channels).
Technical Aspects
Trading Platforms
- MetaTrader 5
- cTrader
- Match-Trader
Leverage
The leverage offered by Instant Funding varies depending on the financial instrument. The following table summarizes the leverage offered:
| Instrument | Base Leverage | Leverage with News Add-on |
|---|---|---|
| Currencies | Up to 1:100 | Up to 1:30 |
| Raw Materials | Up to 1:20 | Up to 1:8 |
| Indexes | Up to 1:20 | Up to 1:10 |
| Cryptocurrencies | Up to 1:2 | Up to 1:1 |
Commissions
- Currencies: $5 per lot.
- Metals and Raw Materials: $2 per lot.
- Cryptocurrencies: $1 per lot.
- Indices (USD based): $2 per lot.
- Other Indexes: ~ $2 per lot (with possible variations).
Strengths of Instant Funding
- Instant Funding Program: Higher probability of payment and without prior evaluation.
- Fast Payments: Processing often within hours.
- Aggressive Scaling (Instant Funding): Possibility of doubling the account for every 10% profit.
- Efficient Customer Support: 24/7 Live Chat.
- Platform Flexibility: MetaTrader 5, cTrader, Match-Trader.
- Loyalty Program “Plus”: Additional discounts and benefits.
- Payment Transparency: On-chain verification available.