The Instant Funded Trader prop firm offers funded accounts ranging from 5k to 200k USD amounts. There are three funded challenges, including instant, one-phase, and two-phase accounts. The profit sharing is up to 90% and pricing is competitive from 49 USD on the 2-step 5k challenge. The firm promises quick withdrawals and competitive conditions and we are going to discuss all its features in more detail below.
In this Instant Funded Trader review, we will review the firm’s most critical features in more detail, including safety, rules, funding options and types, assets, platforms, support, and more.
Pros & cons of The Instant Funded Trader prop firm
Pros
- Offers three funded account challenges—instant, one-phase, and two-phase
- Attractive profit-sharing of up to 90%
- Includes DXTrader, cTrader, and MatchTrader platforms
- Competitive pricing starting at $49 for the 5k 2-step challenge
Cons
- Lack of safety ratings
- Limited maximum funding
- No scaling plans
- Education resources lacking
Safety of The Instant Funded Trader – 0
The Instant Funded Trader reviews are lacking on the FPA (Forex Peace Army), which is a huge risk. On Trustpilot, the firm has no reviews either, which makes it impossible to evaluate the trader’s experience with the firm. When it comes to experience, the firm was launched recently which makes it super young and inexperienced in the prop trading industry. All funded accounts are simulated or demo accounts which is also another downside.
Overall, the firm gets a 0 score in this section, as it lacks all important safety features and trader feedback.
The Instant Funded Trader Funding and maximum capital allocation – 3
The Instant Funded Trader funded programs are diverse and include 1-step, 2-step, and instant challenges.
The Instant Funded Trader funding options are exactly the same for all three challenge types, which is flexible. These options include 5k, 10k, 25k, 50k, and 100k USD amounts. There are no higher funded options available beyond 100k which is a downside for experienced investors.
The Instant Funded Trader challenges require traders to hit profit targets, except for the instant challenge which enables raiders to start trading for profits immediately.
The Instant Funded Trader scaling plan is not offered which is a downside for the firm as traders are unable to grow their funded account over time.
Overall, the firm gets a 3 score in this section.
The Instant Funded Trader Assets – 2.5
The Instant Funded Trader prop trading assets include Forex pairs (majors and minors), commodities (metals, energies), indexes, and cryptos (BTC, ETH). there are no stocks available which is a minor downside for the firm. The leverage is up to 1:50 which is competitive.
Overall the firm gets a 2.5 score in this section.
The Instant Funded Trader Trading rules and limitations – 1.7
The Instant Funded Trader rules are slightly different for each challenge type. This is natural, as instant accounts are known for their strict requirements.
Let’s compare all three accounts and their rules set by the firm.
The Instant Funded Trader instant challenge has the following requirements:
- Profit target – 10%
- Daily loss limit – 3%
- Maximum drawdown – 6%
- Minimum trading days – 20
- EAs – Yes
- News trading – Yes
- Weekend trading -Yes
- Overnight trading – Ys
The Instant Funded Trader one-phase challenge has the following rules:
- Profit target – 10%
- Daily loss limit – 5%
- Maximum drawdown – 6%
- Minimum trading days – 5
- EAs – Yes
- News trading – Yes
- Weekend trading -Yes
- Overnight trading – Ys
The Instant Funded Trader two-phase challenge has the following requirements:
- Profit target – 8%
- Daily loss limit – 5%
- Maximum drawdown – 10%
- Minimum trading days – 5
- EAs – Yes
- News trading – Yes
- Weekend trading -Yes
- Overnight trading – Ys
As we can see the firm has competitive rules and allows traders to deploy a wide range of strategies, including EAs. Traders can also open trades without stop-loss orders.
The firm gets a 1.7 score in this section.
The Instant Funded Trader Fees – 2
The pricing is competitive and starts from 49 USD for the 5k challenge of 2-step accounts and from 59 USD for 1-step accounts with the same funding. When it comes to instant challenges it starts at 225 USD for the 5k USD challenge.
The Instant Funded Trader free trial is not offered and the Instant Funded Trader free repeat is not available either, which is a downside.
The firm gets a 2 score in this section.
The Instant Funded Trader Platforms – 4
The firm offers several trading platforms including DXTrader, cTrader, and MatchTrader. cTrader is an advanced trading platform that allows both custom indicators and automated trading systems (cBots) which is super useful for both algo trading and comprehensive analysis of markets. Mobile trading is available and the firm offers various tools including calculators.
Overall, the firm gets a 4 score in this section.
The Instant Funded Trader Profit-Sharing – 3
The Instant Funded Trader profit split is up to 90% which is super attractive. However, the withdrawals are relatively slow, and on-demand withdrawals are not available. Withdrawals incur commissions as well which is also a downside for the firm.
In the end, the firm gets a 3 score in this section.
Education and trading tools at The Instant Funded Trader – 1.5
The firm does not offer comprehensive educational resources. There are no webinars, trading courses, or video tutorials available which is a downside. There is a trading blog that offers market insights and posts but is not useful for a trading education. There are tools offered including calculators which are useful.
The firm gets a 1.5 score in this section for lacking learning resources.
Customer Support at The Instant Funded Trader – 2.4
The firm offers several customer support options including email and live chat. There is no phone support available which is a downside and red flag. Both the website and support options are available only in the English language.
The firm gets a 2.4 score in this section for only offering email and live chat options.
Frequently Asked Questions on The Instant Funded Trader
Is The Instant Funded Trader legit?
Is The Instant Funded Trader a good prop firm?
What is the minimum The Instant Funded Trader fee?
