Instant Funding
OVERVIEW
Instant Funding is a proprietary trading firm based in the United Kingdom, which has been in operation for one year. The firm offers trading on both MT4 and MT5 platforms, partnering with ThinkMarkets as its broker. Instant Funding provides a wide range of account sizes, starting from $1,250 and extending up to $200,000. This broad range caters to both novice traders and those with more experience or greater capital. The firm’s evaluation process is diverse, including Instant, 1 Step, and 2 Step evaluations, offering traders different pathways to qualify for funding. The profit targets set by Instant Funding vary depending on the evaluation phase. For Step 1 of the evaluation, the target is 10%. In the 2 Step evaluation process, the targets are 8% for Phase 1 and 5% for Phase 2. A consistent maximum total drawdown of 10% is maintained across all challenges. Instant Funding offers leverage of up to 100:1 and allows trading in various assets, including FX (Forex), Commodities, Indices, and Cryptocurrencies. The selection of Forex currencies encompass major, minor, and exotic pairs like EURUSD, GBPJPY and AUDCAD. Traders can delve into precious metals trading with instruments like XAUUSD for Gold and XAGUSD for Silver. Furthermore, major global indices like AUS200, GER30, and SPX500 are available.
You can trade the following assets:
Leverage on Smart (One & Two Phase) Challenge Accounts:
Leverage on Instant (Smart & Conventional) Accounts:
Instant Funding provides a structured scaling plan, where the eligibility for is contingent upon achieving a minimum 10% gain on the trading account. The scaling involves using 5% of the account’s initial balance, allowing traders to expand their positions while retaining the remaining profits. For instance, consider a trader with a $100,000 account who achieves a 10% gain, amounting to $10,000 in profit. The scaling process involves using 5% of this gain, which is $5,000, to scale up the account. The remaining $5,000 profit becomes the trader’s to keep, facilitating continuous account growth. Instant Funding accommodates two types of account holders in their scaling plan – Smart and Conventional account holders. Smart account holders have the opportunity to scale up to $1,250,000, while Conventional account holders have the capacity to scale up to five times their initial balance. The scalability feature is easily accessible through the dashboard on their website, where eligible accounts can initiate the scaling process.