Two-Step Challenge

If the rule isn’t in the Terms & Conditions, you are in the clear.

All Rules of the Evaluation are the EXACT SAME on the Funded Account.

Unlike other prop trading firms (proprietary trading firms), there are 0 hidden rules. All parameters for the evaluation and the funded account are the SAME and can be found on this page.

Please make sure to take the time to read every rule below. We are building a firm that focuses on your success, part of that is bringing on traders that understand exactly how we operate. We want you to succeed and become a funded trader.

There are only 3 ways to breach and lose an account, please read below for more details:

1. Max Loss
2. Daily Max Loss
3. Inactivity of 30 days (if you do not place a trade at least once every 30 days on your account, Think Markets/Ment Funding will consider the account INACTIVE, and the account will be breached) – you are free to place a 0.01 lot (open then close) to keep your account active.

• Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.
• Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.

The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Daily Stop compounds with the increase in your account. 

Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new- day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.

The Max Daily Loss is subtracted from end of day balance. It is the maximum your account can lose in any given day. Withdrawing profit on your funded account does not affect the Max Daily Loss. 

Max Daily Loss is calculated using the previous day balance which resets (re-calculates) at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Max Daily Loss compounds with your account.For example, on a $100,000 account, the Max Daily Loss = $95,000 ($100,000 – $5000 [5% Max Daily Loss] = $95,000).

So if your equity on any given day is $106,000 but the balance is still $100,000, the Max Daily Loss breach level is still $95,000. If you closed the trade in profit before 5 PM EST, at 5 PM EST the calculation resets and the Max Daily Loss = $100,700 ($106,000 – $5300 [5% Max Daily Loss]).

This is also updated and shown in your Trader Dashboard along with other metrics so you can keep track of it with no issues.‍

Another Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. ‍If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.‍

The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance.For example, on a $100,000 account, the account can only be breached if it goes below the max loss amount for your account. So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance for this example). 

Important Note: the Max Loss moves to the initial balance after the first withdrawal – incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (please see below example).

Example: If you have a $200,000 account, the Max Loss Breach level would be $188,000. If you then traded your account up to $215,000, the Max Loss Breach level would still be $188,000 (6% of the initial balance). If you then withdrew $10,000 as profit, upon your first withdrawal, the Max Loss locks in at the ORIGINAL account balance. So after withdrawing $10,000, your account will have a balance of $205,000 and the breach level is now $200,000, meaning you now have a buffer of $5,000. Similarly, if you withdrew $15,000, your account balance would now be $200,000 which is also the BREACH level, meaning you would lose your funded account.

Further Example: If you continued to compound your $200,000 all the way to $300,000, the Max Loss Breach Level is still $188,000. However, if you then withdrew $50,000 profit, the Max Loss will lock in at $200,000, meaning you would now have $50,000 as a buffer (Max Loss).

We have included this rule to incentivize our funded traders to compound their accounts, ensuring that they have a hefty buffer, can pay themselves out as they see fit, and continue trading with Instant Funded Trader.

We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen. (YOU CAN REMOVE THIS RESTRICTION BY UPGRADING YOUR ACCOUNT DURING CHECKOUT)

• Forex – 1 lot = $100k notional
• Index – 1 lot = 1 Contracts
• Cryptos – 1 lot = 1 coin
• Silver – 1 lot = 5000 ounces
• Gold – 1 lot = 100 ounces
• Oil – 1 lot = 100 barrels

Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.

There are 3 ways to lose an account: 5% Max Daily Stop Rule, the 6% Max Loss Rule, or after an inactivity period (not opening or closing a trade) of 30 days. 

Instant Funded Trader traders are given the freedom to customize their accounts.

On the checkout page after clicking “Select Plan” in our Evaluation section above, members will have the ability to choose to pay extra for “upgrades” in their evaluation, making their evaluation fine-tuned to their own system. These upgrades will include the following and will see a price increase as addressed below:

1. Hold over the weekend – 10% price increase
2. 90% Profit Split – 20% price increase

Note: you can forgo all options and pay original price, or you can mix and match options; select 1 option, or select all.

Instead of increasing price, since Instant Funded Trader seeks to find the highest end of traders across all trading types, we seek to provide the opportunity for our algorithmic based traders, manual based traders, higher timeframe or longer term based traders, and our lowertime frame and scalp based traders to pick the evaluation right for them.

We understand that our traders have different preferences when it comes to withdrawing their funds. We offer the choice between withdrawing by ACH or Crypto.

Please ensure all trades are closed when you request a payout and that they stay closed until the payout process is completed.

Traders can request a withdrawal of the gains in their Funded Account at any time in their trader dashboard, but no more frequently than once per twenty (20) days. So, if you make gain in your Funded Account, you can request a withdrawal.  When you are ready to withdraw the gains from your Funded Account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw.

We are committed to supporting our traders and providing them with the necessary tools to succeed in the market. That is why we welcome different trading approaches, including automated trading tools like EAs, Algos, HFTs or Bots. We understand that every trader has a unique trading style, and we encourage them to explore and experiment with various strategies.

Trade a wide variety of assets, including Forex, Indices, Commodities, and Crypto.

This program has a one-time fee, with no recurring monthly charges.

No hidden fees. No recurring costs

Yes you can. You have the freedom to open long and short positions simultaneously on the same account with our platform. You cannot open opposite positions in separate accounts.

There is no time limit for completing any of our challenges.

Yes it is

If a trader fails to pass the challenge, they will have the option to reset their evaluation at a discounted price. 

Yes, you can trade during the news

Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting documentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours.

No. We operate at an arm’s length with the Broker. All market pricing and trade executions are provided by the Broker and are not changed or modified by us.  Additionally, we do not mark up transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps. 

We always try to process your requests as soon as possible, which is within 48 business hours of the request (but typically within 24 hours).

Scale up to $5 million. To qualify:

We will double the funded account balance when the following criteria is met:

1) A withdrawal must have been processed on your account before we start tracking these months
2) 6 consecutive months where your maximum drawdown on the account does not exceed 4%
3) Within those 6 months, at least 3 months where the gain on the account exceeded 3%
4) Gain on the account of at least 10% since inception

Subject to compliance with applicable laws and regulations, traders from all countries including the USA, excluding OFAC listed countries, can take part in our program.

Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Funded Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.

Right now you have the choice of DXTrader, cTrader, Or MatchTrader as your trading platform.

Our risk management technology is currently integrated with the platforms we provide, which you will be able to download in the back office. These platforms, along with pricing and execution are provided by our Broker.

We use the RAW accounts from the Broker.  These accounts have commission charges for Forex. The other products do not carry a commission.

With regard to the concept of ‘limits’ this is where we stand at present:

• $1 million max per person (can be made up of multiple assessments, provided none are same size at the same time).
• $1 million max per strategy/EA (can be made up of multiple assessments, provided none are same size at the same time). Note: This applies to “off-shelf” EA’s (EA’s purchased from the market and used by many) We are seeking to fund independent and unique strategies not 1 that is the exact same across the board.
  
  

There is NO limit to how many accounts you may have (as long as it’s within the $1 million limit). We provide prop firm funding and there is NO limit for compounding. Up to $1 million of initial funding, then grow the account to any balance you desire – yes, even $10 million, $20 million, and so on.

Affiliates are given credit for introducing new Customers to your firm:

1. Customers are registered to an affiliate during Customer Registration (i.e., when the Customer account is created). This is a separate process from Checkout.
   
   
2. A Customer who creates an account that is NOT registered to an affiliate cannot be registered to an affiliate at a later point. At this point, they are no longer a new customer and therefore the affiliate has not introduced them to your firm.
   
   

A Customer who is registered to an affiliate will remain registered forever. An affiliate will receive affiliate credit for ALL orders from that customer for their lifetime.

You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:

• Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
• Utilizing non-public and/or insider information
• Front-running of trades placed elsewhere
• Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
• Trading in any way that creates regulatory issues for the Broker
• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
• Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
• Utilizing Martingale or any average-down trading strategies, which are often not indicative of consistently profitable trading practices
• Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion
• “All-inning” – excessive risk-taking over and over again on one or over the span of multiple accounts
• If you have more than one account, you cannot trade separate accounts in opposite positions 
• Taking more than 50 trades in a single day
•  

If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.

Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.

To view all Prohibited Uses, please review our Terms and Conditions here:

Yes,

Any single day’s profits cannot be more than 30% of your total profits.

Why This Rule Is Important:

This is in place to discourage that type of erratic, windfall, high risk, all in style trading and encourage long term consistency. If the profit balance is more than 30% from a single trading day, no big deal, very simple, just continue trading consistently with your day to day trading plan until that % is no longer the case and request on the next available payout date. Trader funding is designed to be a long-term relationship of consistency and steady growth for both parties. Company is seeking to fund traders, not gamblers.