Hantec Trader Unveils Instant24 Program with 10% Discount

Hantec Trader has announced the launch of its new Instant24 program, a 24-hour trading challenge designed for focused traders. To celebrate this new release, the firm is offering a 10% discount on the purchase of this program, using the code INSTANT24.

This program stands out for allowing news trading, offering an 80% profit split, and having a low entry cost starting from just $13. Below are the key aspects of the Instant24 program.

Key Details of Hantec Trader's Instant24 Program

Activating the 24-Hour Challenge

The 24-hour timer starts the moment a trader opens their first trade on the account, not from the time of purchase. This allows users to prepare, study the market, and pick their optimal moment to begin trading.

Weekend Trading

If the first trade is placed on a Friday, the 24-hour window will continue to run through the weekend. All open trades will close automatically at 23:45 server time on Fridays (15 minutes before market close).

However, after Friday's Forex market close, traders can trade in any available crypto market during the weekend.

News Trading Permitted

The Instant24 program places no restrictions on news trading. Participants are free to trade through high-impact events such as NFP, CPI, interest rate decisions, or any other significant event, if that's part of their strategy.

Understanding Trailing Drawdown

A 'trailing drawdown' means the 3% maximum drawdown threshold follows your highest closed balance. For example:

• For a $10,000 account, the maximum drawdown is $300 (3% of the starting balance).
• If your account grows to $10,500, your drawdown floor moves up to $10,200 ($10,500 – $300).

Intraday Consistency Rule

The consistency rule states that no single trade can account for more than 15% of your total accumulated profits. This rule aims to ensure that traders demonstrate disciplined, repeatable performance rather than relying on a single lucky position.

Restrictions on Reopening Trades

Opening multiple small positions on the same underlying idea to dilute your consistency score or to bypass the maximum open risk rule is considered a violation of the trade idea restriction and will result in a Hard Breach.

Reward Request and Minimum Withdrawal

Once the 24 hours are completed, if all trading objectives have been met and a profit exceeding 3% of the account's starting balance has been achieved, traders can request their 80% profit split.

The minimum withdrawal requires generating a minimum profit of 3% of the account's starting balance:

• $60 for a $2,000 account.
• $300 for a $10,000 account.

Instant24 Program Availability

It is important to note that Hantec Trader's Instant Programs are not available to residents of: the United Kingdom, Mauritius, Hong Kong, and Singapore.