Instant Funding
Company Background: Instant Funding is a dynamic prop firm based in London, UK, offering innovative trading opportunities since June 2022. They provide unique funding models tailored to traders' needs, focusing on flexibility and transparency.
Year Established: June 1, 2022
Head Office Location: London, UK
Prohibited Countries: Afghanistan, Central African Republic, Congo, Cuba, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, North Korea, Liberia, Libya, Myanmar, Papua New Guinea, Russia, Somalia, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe, South Sudan
Associated Brokers: Yes, ThinkMarkets
Evaluation Description: The firm offers several challenge models: One Phase Challenge, Two Phase Challenge, Three Phase Challenge, and Instant Funding. Each challenge has different drawdown limits and profit targets, with varying phases requiring specific profit targets to be met.
Funded Trader Benefits: Up to 90% profit split, weekly payouts, use of EAs, algorithms, bots, access to a fully automated dashboard, and the ability to trade forex, metals, indices, and cryptocurrencies.
Profit Split: Up to 90%
Account Size (USD): N/A
Max Trading Days: N/A
Min Trading Days: N/A
Max Daily Loss: 5%
Max Total Loss: 10%
Profit Target: 8%
Challenge Fee (USD): Varies based on account size
Fee Refundable: Information not provided
News Trading Allowed: Yes
EAs Allowed: Yes
Copy Trading Allowed: Yes
Describe Scaling Plan:
Scaling Plan Requirements: Account sizes double each time a scaling target is achieved, with specific profit targets required.
Min Months Prior to Scaling: 3 months
Total Minimum Profit Percentage Achieved: 10%
Positive Account Balance Required: Yes
Increased Profit Split: Yes, up to 90%
Max Account Value: Up to $2.5 million
Trading Platforms Used: cTrader, DXTrade
Tools & Services Provided by the Prop Firm: Automated dashboard, analytics, fast execution, tight spreads through ThinkMarkets
Prop Firm Trading Educational Material Provided: N/A
Testimonials: Not specified
Trustpilot Rating: 4.6
Number of Trustpilot Reviews: Not specified
Prop Firm Social Presence: Twitter: @instantfunding
Online Opinion of Prop Firm: Instant Funding appears to be a trustworthy and flexible prop firm with a strong emphasis on trader satisfaction and support, providing various challenge models and significant scaling opportunities.