Fxify™ has launched Instant Funding Lite, a new funding option providing traders immediate access to capital without an evaluation phase. This initiative aims to offer a lower-cost alternative within its Instant Funding product line.
Instant Funding Lite provides a funded account from day one, eliminating evaluations and profit targets. Its structure focuses on risk control and consistent trading, featuring predefined drawdown limits and clear rules.
Traders can choose from various account sizes, ranging from $2,500 for a one-time fee of $19, up to $100,000 for $399.
The risk framework includes a 3% daily drawdown and a 4% maximum trailing drawdown, with a lock mechanism activating upon reaching 4% net profit or the first payout. A 20% consistency rule, limiting single-day gains, also applies. Holding positions over the weekend is not permitted.
Trading conditions mandate manual trading only, prohibiting Expert Advisors and automated strategies. Restrictions also apply to trading high-impact news. The performance split is 80%, with an upgrade option to 90%, and payouts can be requested after 10 completed trading days.
Instant Funding Lite is designed for traders seeking lower entry costs and who are comfortable with stricter risk limits, differentiating itself from the standard Instant Funding option through tighter drawdown limits and payout frequency.
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