Funding Traders has announced significant updates to its Instant Funded Accounts, introducing more flexibility for swing traders and faster access to profits. These changes, coming shortly after the launch of its real-time payout tracker, apply to both new and existing accounts starting immediately.
Weekend Holding Now Permitted
Traders are no longer required to close their positions before the market close on Friday. The previous rule, which mandated flattening all trades at least one hour before the weekend, has been removed.
- Instruments: This applies to all available assets, including cryptocurrencies.
- Considerations: While holding is allowed, traders should remain aware of gap risks, wider spreads during the Asian open, and applicable swap fees.
New "Hold Through News" Add-on
A new optional feature has been introduced to protect traders during high-impact economic events (red-folder news). By selecting this add-on, traders can keep their existing positions open during these volatile periods without risking an account breach.
Execution Restrictions
Note that the 10-minute execution window remains in effect. Traders cannot open or close new positions 5 minutes before or 5 minutes after the news release, regardless of the add-on. Without this add-on, holding any open position during high-impact news continues to be a violation that leads to account termination.
Accelerated Payout Schedule
The default payout frequency for Instant Funded Accounts has been reduced from 14 days to 7 days, allowing traders to access their profits in half the time.
- Timing: Traders can request their first payout 7 days after their first trade in the funded account. Subsequent payouts are available every 7 days.
- On-Demand Option: The "On-Demand Payout" add-on remains available for those who meet specific requirements, such as the consistency score and a 3% profit cushion.
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