Instant Funding Review

Instant Funding Ratings at a Glance

Instant Funding Product Offering

Instant Funding offers comprehensive proprietary programs that streamline accessibility to funding for retail forex traders. Here’s a breakdown of its features, including the evaluation model, account sizes and trading platforms.

Instant Funding Evaluation Models

Instant Funding offers three evaluation models, each with its unique set of parameters such as drawdown limits, profit targets and leverage. These challenge models are designed to accommodate diverse trading styles and experience levels, ensuring that beginners and seasoned traders find a suitable choice for their trading journey. The evaluation models include the following. 

Instant Funding Challenge Models 

This model does not require an evaluation and has no profit targets, daily loss limits or time limits. Having no evaluation challenge means you can begin trading from day one, albeit with a lower profit split of 70%. However, you can switch to a 90% profit split by demonstrating consistency. This process entails achieving a 20% gain over at least 60 days of placing your first trade. It also means that your account must show a 20% profit of your starting or scaled balance. Overall, the Instant Funding model provides a highly flexible environment to prove your skills and consistently grow your accounts — a testament to the firm’s mission to simplify trading. The model is ideal if you seek immediate or expedited access to trading funds.

Comparing the Various Challenge Models

One-Phase Challenge Models 

If you prefer testing your expertise in a simulated market environment, consider this evaluation model. It offers a straightforward single-phase evaluation with relaxed rules. You only need to hit a 10% profit target to qualify for funding. Payout starts at 80%, but you can increase it to 90% by maintaining an overall gain of 20% over at least 60 days of placing your first trade. Like the Instant Funding model, the One-Phase challenge has no minimum and maximum trading days, which enhances flexibility. However, it has a 3% daily drawdown limit.

Two-Phase Challenge Models 

This challenge model offers more complexity without compromising the platform’s commitment to flexibility. It comprises two steps. Step-1 requires you to hit an 8% profit target, while Step-2 has a 5% profit target, all while maintaining a 5% daily drawdown limit. As with the One-Phase Challenge, the payout starts at 80% but can be up to 90%, and there are no time limits. This challenge model might be ideal if you like a more complex evaluation process to advance your trading expertise and risk management strategies before getting funded. 

Core Features of Instant Funding

Besides the flexible challenge models, Instant Funding offers various appealing features that set it apart from other prop firms. 

Smart Drawdown

All three challenge models have a 10% Smart Drawdown limit. The drawdown is a measure of your downside volatility. Maximum drawdown occurs when you exceed the maximum loss on your account. Typically, the max drawdown for most prop firms is either static or trailing. A static drawdown is a fixed or preset maximum loss percentage. In contrast, a trailing drawdown adjusts dynamically as your balance or investment fluctuates. 

Smart Drawdown blends the best qualities of both static and dynamic drawdown for enhanced trading experience and profitability. This unique drawdown starts at 10%, remaining static until you hit a balance gain of at least 5%, upon which the system automatically updates your drawdown to 5% of your starting balance and keeps it at that level unless you scale your account. When you scale up your account, the drawdown will update to 5% of your new scaled balance, excluding any profits. 

For instance, suppose you purchased the $80,000 Instant Funding account model. In that case, your max drawdown (max loss) will be static at 10% ($72,000). Upon bringing your balance up to at least $84,000 (at least 5% gain on your balance), your drawdown will then update to 5% below your starting balance. Your updated drawdown will now be $76,000 (5% loss on $80,000 starting balance). This drawdown will remain static again, except if you scale up your account. In this case, it'll now update to 5% of your new scaled balance.

Scaling Plan 

Instant Funding provides you with scaling opportunities to boost your profits potential. To qualify for scaling, you must first hit a 10% gain on your account regardless of the challenge model. The platform utilizes 5% of your profit for scaling while you retain the remaining profit. That way, you can continue growing your account while minimizing risks. Scaling doubles your account balance from its original size. For instance, you can scale up your $80,000 account to $160,000 upon achieving a 10% gain ($8,000). 

The platform will use 5% of your 10% gain during the scaling. In this instance, $400 (5% of $8,000) would be used for scaling, and the remaining profit is yours to keep. You can scale your account through the button on your automated dashboard. The scaling option will typically appear on your home screen once you meet the eligibility criteria and all trades are closed. Smart account holders can scale up to $1.6 million for the One-Phase and Two-Phase Challenge and $1.28 million for Instant Funding. 

Weekly Payout

Instant Funding offers a weekly payout for all evaluation models. Usually, your first payout occurs 14 days after your first trade. Subsequent payouts are scheduled every 7 days. The firm exclusively processes payouts through Rise, a renowned payment processing platform that offers a quick and efficient method for accessing your earnings. Before requesting a payout through the dashboard, ensure you lock in your Smart Drawdown and close all trades. The minimum payout is $25.  

When submitting a payout withdrawal request via the dashboard, select Rise as your withdrawal method, input your withdrawal amount and provide your email. Subsequently, follow the email instructions from Rise to create an account and verify your identity. Usually, the email is sent within 24 hours, so be patient if you don't immediately receive it. Withdrawal requests are typically processed within 24 business hours during the work week. However, requests made on weekends or during a U.K. bank holiday are processed on the next working day.

Fully Automated Dashboard 

Instant Funding's user-friendly and fully automated dashboard is the central hub for its operations. Here, you can review your trading performance; access account analytics, including performance feedback; request payouts; and perform various other functions. This all-in-one platform simplifies your trading experience and offers valuable insights into your progress.

Account Sizes and Tradable Instrument

Instant Funding offers multiple account sizes across its program to accommodate traders with varying financial situations. The Instant Funding model provides the most beginner-friendly account sizes and pricing, as shown in the table below. 

The Account Sizes and Pricing for the  Instant Funding Model

The One-Phase and Two-Phase Challenge models have account sizes and pricing as shown below.

The Account Sizes and Pricing for the One-Phase and Two-Phase Models

Instant Funding supports diverse instruments, including forex pairs (major, minor and exotics), indices (majors and minors), commodities, metals and cryptocurrencies. You can trade these instruments on either the globally recognized MT4 or MT5 platforms. 

The platform partners with ThinkMarkets — a reputable Australia-based broker offering next-generation trading platforms. ThinkMarkets offers powerful trading tools that facilitate market analysis and efficient risk management on its advanced web and mobile platforms. It grants traders access to over 400 instruments across multiple markets. 

Affiliate Programs 

You can earn a substantial passive income via the Instant Funding Affiliate Program. All you need to do is invite friends and family to register on the platform's funding program via your affiliate link. Instant Funding pays 10% commission on the first order for each successful invite and you instantly get a 10% discount for your audience (invitees). Unlike most platforms, Instant Funding offers partner payments every two weeks and does not require a minimum withdrawal amount. It offers regular promotions for partners and provides helpful support.

You can contact Instant Funding via email, live chat and WhatsApp to ask questions about its offerings, address queries, or lodge complaints. The live chat is available 24/7 and is the best channel for immediate assistance. However, the team is responsive when contacted via email. Before contacting the team via these channels, you should review the FAQ page for possible solutions to your complaints or queries. It's like a repository of carefully crafted answers to all potential questions traders might have, ensuring quick and efficient assistance. 

Instant Funding also maintains an active presence on multiple social networks and instant messaging platforms, including Discord, Twitter, Telegram, Facebook, Instagram, YouTube and LinkedIn. These platforms provide alternative means to interact with the team and ask questions. Specifically, the Discord channel provides a community-oriented forum for interacting with other traders. Telegram is also available. You can join the community discussion for greater insight into the Instant Funding program and the broader market. 

This streamlines learning, especially for beginner traders. The blog provides well-crafted articles that can shed light on the company's offerings, including promos and more. Instant Funding has an excellent rating of 4.8/5 on Trustpilot. Comments were overwhelmingly positive, reflecting a fantastic customer service experience.

Instant Funding is a forex proprietary trading firm and not a broker, so it requires no licensing by regulatory authorities to operate. Its trading platforms, including ThinkMarkets and MT4/MT5, are provided by top fintech companies, each with clear rules and regulations guiding the protection of users' data and funds. The firm follows strict Know Your Customer (KYC) procedures in customers' identity verification to mitigate the risk of identity fraud and Anti-Money Laundering (AML) regulations to prevent illicit financial activities. 

To eliminate potential unauthorized access to customers' data at rest or in transit via its network, Instant Funding employs robust encryption protocols. Although the company collects personally identifiable information (PII) during account setup or registration, such data is solely utilized for enhanced service delivery and marketing. Instant Funding will never sell or share your data with a third party except as legally mandated or given consent. You should carefully review the company's privacy policies, risk disclosure and AML policy in the website's footnote to better understand your legal obligations regarding fund and data security. 

Instant Funding's commitment to helping traders access and excel in the forex markets is evident in its transparent pricing structure. Everything is upfront — there are no hidden charges. You only need to pay the one-time fees, which vary depending on the account. If you're an undercapitalized beginner trader, consider the Instant Funding model. It offers smaller account sizes with affordable pricing ranging from $79 for the $1,250 account to $3,460 for the $80,000 account size. Experienced traders can consider the two Challenge programs, each having similar larger account sizes and pricing. 

You can refer to the last two tables for the account sizes and pricing. Thanks to its partnership with ThinkMarkets, Instant Funding offers competitive pricing, enabling traders to optimize their trading strategies at low fees. Additionally, it charges no added fees, meaning you can trade at no extra cost. Instant Funding offers a raw FX market on MT4 and MT5 platforms. Other markets or instruments on the platform have a standard spread. A competitive 100:1 forex leverage is also applicable across the three account models. 

Other instruments have different leverages for the Instant Funding and the Challenge (One-Phase and Two-Phase) models (refer to the first table). You can reset your evaluation at a discounted fee if you fail the challenge accounts. With the Instant Funding model, you'll be presented with a retry button to restart at a discounted rate. This button is available on the dashboard and automatically applies the discount at checkout. Keep in mind accounts are paused after 30 days of inactivity. 

Instant Funding offers a streamlined user experience. Its multiple challenge models with different account sizes and pricing accommodate traders of different experiences, goals, styles, risk management strategies and financial situations. The evaluation rules for the challenge account are straightforward and relaxed, with no time limit. The Instant Funding model requires no evaluation, meaning you can begin trading immediately to earn a profit split. 

The payout ratio is competitive, and the scaling process is easy. The dashboard is fully automated and intuitive, simplifying trading activities by providing analytics and easy access to account features. You can conveniently request payouts of as low as $25 via this dashboard platform and receive them within hours. This further enhances the user experience. Live chat support is available 24/7 for immediate assistance, complemented by a comprehensive FAQ page for self-service solutions. 

The account registration or setup process is hassle-free; once you complete your payment, you receive your login credentials instantly after purchasing. Its robust and user-friendly trading platform (MT4/MT5) and low trading fees, including raw FX spread, are also noteworthy. Benzinga considers Instant Funding highly recommendable. 

Instant Funding vs. Competitors

Instant Funding has a few competitors, including FTMO, FundingPips and FundedNext. These prop firms streamline access to simulated trading capital and resources that beginners and seasoned traders need to optimize their trading strategies and maximize simulated profits. Instant Funding's unique Smart Drawdown facilitates more effective risk management strategies and profit optimization. 

Besides its low pricing, competitive leverage and raw-tight spread, Instant Funding's exceptional customer support, as reflected in the Trustpilot review, is another of its core strengths. The Instant Funding model is also innovative since it requires no evaluation, time limit or daily drawdown. It is a unique account option for those seeking fast demo access. Additionally, the firm supports weekend and overnight holding and uses of first party EAs, enabling you to implement your style and strategies without many restrictions. 

Suppose you're committed to becoming a successful prop trader. In that case, Instant Funding is an excellent choice for your funded program. The platform offers a refreshing trader-centric approach that appeals to beginners and seasoned traders. Its instant accounts, challenge models and unique features like Smart Drawdown provide a flexible and transparent environment for you to thrive. 

The platform's support for first party EAs, low trading fees, raw spread on MT4/MT5, competitive leverage, relaxed evaluation rules and efficient round-the-clock support are additional benefits that make it one of the best prop firms in the forex market. Plus, it offers multiple account sizes and pricing, so you'll find one that suits your trading style, goals, risk profile and financial situation.

Frequently Asked Questions