RZR Funded has announced the permanence of its innovative Instant24 program, an initiative that has exceeded expectations since its launch. The exceptional reception from traders has solidified its position as a key offering within the firm's portfolio.
Instant24: A Success Story Set to Stay
The decision to make Instant24 a permanent part of the RZR Funded program family underscores the company's commitment to providing accessible and dynamic funding pathways. For traders, this means a consistent opportunity to demonstrate their skills in a fast-paced environment.
This product not only represents a permanent path for traders seeking quick funding but also a continuous income opportunity for those who promote it.
What is Instant24?
Instant24 is a mini instant funding challenge designed to be completed in just 24 hours. With an entry cost starting from just $13, it offers traders the possibility to access virtual funding of up to $100,000, trade, and request a withdrawal all within a single day, eliminating lengthy evaluation phases.
Key Features of Instant24
The Instant24 program stands out for its focus on agility and efficiency. Here are its main parameters:
- Entry Cost: From $13.
- Time Limit: 24 hours (the timer starts with the first trade).
- Maximum Daily Loss: 2%.
- Maximum Total Loss: 3% (trailing drawdown).
- Profit Target (for withdrawal): Minimum 3% of the starting balance.
- Reward Split: 80% for the trader.
- Leverage: 1:50.
- Trade Consistency: Yes, no single trade can account for more than 15% of total accumulated profits.
Important Operational Details
The 24-hour clock begins precisely when the first trade is opened, not upon account purchase. This allows traders to prepare and choose the optimal moment to start their challenge.
It's important to note that the 24-hour time limit continues through the weekend if the first trade is placed on a Friday. However, all open trades in traditional markets automatically close at 23:45 server time on Fridays. During the weekend, trading in any available crypto market is permitted.
Key Rules and Restrictions
RZR Funded has established a clear set of rules to ensure a fair and professional trading environment:
- News Trading: The Instant24 program imposes no restrictions on news trading, allowing participation during high-impact events like NFP or CPI.
- Trailing Drawdown: The 3% maximum loss threshold follows the account's highest closed balance. For example, on a $10,000 account, the $300 drawdown adjusts upwards as the account grows.
- Withdrawal Requirements: A minimum profit of 3% of the account's starting balance must be generated before requesting a payout. The 80% reward split can be requested once the 24 hours are completed, provided all trading objectives have been met and the minimum profit achieved.
- Prohibition of "Same Trade Idea": Opening multiple trades on the same underlying trade idea to artificially improve consistency scores or bypass the maximum open risk rule is prohibited. Reopening a trade in the same direction and product less than 5 minutes after closing the previous one is classified as the same trade idea, leading to a Hard Breach.
- Restricted Jurisdictions: Instant24 programs are not available to residents of the UK, Mauritius, Hong Kong, and Singapore.
Instant24 thus stands as a robust and permanent option for traders seeking an agile funding pathway with clear rules, maintaining RZR Funded's reputation as an innovative firm in the sector.
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