Instant Funding has officially introduced "Evolve," a new one-phase evaluation model specifically designed for day traders seeking an operational structure similar to futures markets. This program allows users to trade via MetaTrader 5, cTrader, or Match-Trader, offering the choice between commission-free accounts or RAW spreads.
Account Sizes and Pricing
The Evolve challenge launches with three highly competitive capitalization options:
- $10,000: $49
- $25,000: $69
- $50,000: $99
Main Challenge Rules
The profit target to pass the evaluation is set at 6%. One of the most distinctive features of this model is the absence of a daily loss limit, although it includes a 4% End-of-Day trailing maximum loss. This drawdown only moves upward and locks permanently at the starting balance once reached.
Trading Conditions and Consistency
- Trading Days: At least 5 profitable days (with a minimum profit of 0.25%) are required to pass the challenge.
- Consistency Rule: A 40% best-day consistency rule applies during both the challenge and funded stages.
- Time Restrictions: Overnight and weekend holding are not permitted. Positions close automatically at 17:00 EST. News trading is allowed.
Payout Management and Profit Share
Traders receive an 80% reward share. Payouts are available on demand once eligibility requirements are met, requiring 5 additional qualifying trading days for each subsequent withdrawal. The minimum withdrawal is $250, with a limit of 50% of account profit per request, a maximum of $2,000 per request, and a limit of 5 payouts per account.
Available Leverage
- Forex: 1:30
- Commodities & Indices: 1:20
- Crypto: 1:2
Published on
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