Instant Funding Forex prop firm review — Positive reviews, Low fees

Instant Funding prop firm offers funded accounts with a wide range of funded options from 1,250 to 200k USD. The firm was initially focused on instant funded accounts but has introduced one-phase and two-phase funded account types as well, targeting a wider trader audience. The firm has been around since 2021 and offers up to a 90% profit split after scaling. Traders can start trading on FX, commodities, indices, and cryptos on diverse trading platforms.

In this unbiased Instant Funding review, we are going to assess the firm’s critical features including safety, fees, rules, funding options, funded accounts, platforms, support, and more.

Overall

Instant Funding prop trading firm is a reliable firm launched in 2021. It offers three funded challenge accounts, one-phase, two-phase, and instant funding. The minimum fee starts from 79 dollars for a 1,250 USD instant challenge. The 10k two-phase accounts also cost 79 dollars. The leverage is up to 1:100 and varies depending on the asset selected. The firm has very positive reviews from traders, indicating its legitimacy.

Pros & cons of Instant Funding prop firm

Pros

• ✅ Offers flexible account types, including instant, one-phase, and two-phase challenges
• ✅ Provides high profit splits up to 90% through scaling and add-ons
• ✅ Supports popular trading platforms like MT5, cTrader, and DXTrade
• ✅ Customer support is available in multiple languages

Cons

• 🚫 All trading is conducted on demo accounts
• 🚫 Automated trading strategies, including EAs, are not allowed
• 🚫 Does not allow holding positions over weekend

Safety of Instant Funding

Instant Funding reviews are lacking on the FPA (Forex Peace Army) platform, despite being launched in 2021. On Trustpilot however, the firm has over 1800 reviews and the score is 4.6 where only 4% assess the firm with 1 star, while 85% think the firm is 5-star. This is a very good result for any prop firm and indicates that Instant Funding is not a scam. However, the firm does not disclose the name of the broker it is working with, and we can not confirm trading services are backed by a regulated broker. Moreover, all trading funded accounts are demo accounts including the funded ones, meaning traders do not access live accounts with real money on them. Overall, Instant Funding is a legit prop trading firm as the majority of traders are super positive about it, and it also has decent experience in the industry, having been established in 2021, making the firm reliable. It should be noted that almost all prop trading firms offer simulated accounts and this is common in the prop trading industry.

Instant Funding Funding and maximum capital allocation

Instant Funding funded programs are diverse and include Instant Funding, One-Phase, and Two-Phase funded challenges. Traders can freely select the most suitable account according to their experience and needs and start the challenge. The instant account does not require an evaluation phase and traders get access to a monetized demo right away.

Instant Funding funding options are also very diverse. The Instant Funding accounts offer 1,250, 2.5k, 5k, 10k, 20k, 40k, and 80k USD amounts. One-Phase and Two-Phase funded challenges offer similar funding options including 10k, 25k, 50k, 100k, and 200k USD amounts. The One-Phase Instant Funding challenge requires traders to hit the profit target once, and they get funded. The Two-Phase challenge requires traders to hit the profit target twice in two phases to get access to monetized demo accounts.

Instant Funding scaling plan allows traders to increase their funded amount even further and add an extra 10% profit target, allowing them to withdraw 90% of profits. The scaling plan allows traders to increase their funding by up to 100% of the starting balance. For example, if a trader has a 5k account, they will be able to increase it by a maximum of 5k USD.

Instant Funding Assets

Instant Funding prop trading assets include diverse trading instruments such as FX majors, FX minors, FX exotics, metals, commodities, major indices, and 9 digital currencies (BTC, ETH, LTC, etc.). All these instruments are available using advanced platforms of MetaTrader 5, cTrader, and DXtrade. Traders can also use leverage to increase their buying power:

• Currencies – 1:100
• Commodities – 1:20
• Indices – 1:20
• Crypto – 1:2

There are no stocks, futures, or any other asset types offered at the moment, but for Forex traders, Instant Funding offers all popular instruments.

Instant Funding Trading rules and limitations

Instant Funding rules are simple, traders have to hit profit targets on 1-step and 2-step accounts and maintain strict risk control.

The Instant Funding challenge requires a 10% maximum drawdown, has no daily risk limit, and does not require a profit target. Traders can hit a 10% profit target to scale their accounts. The maximum scaling is 1.28 million dollars which requires traders to cooperate with the Instant Funding risk department. Traders can hold trades overnight but are prohibited from leaving open trades over the weekends. Additionally, traders can tweak their account before purchasing and allow major news trading, add a 10% extra profit split, and enable 5-day payouts. These tweaks require additional fees and can be toggled during purchasing.

The Instant Funding One-Phase account has the following rules:

• Profit target — 10%
• Daily drawdown — 3%
• Maximum drawdown — 8%
• Baseline profit sharing — 80%
• Scaled profit split — 90%
• Scale target — 10%
• Minimum trading days — 3 days
• News Trading — No
• Holding overnight — Yes
• Holding over weekends — No, Only for phase 1
• Add-ons — News trading, 10% profit split, plus 2% max drawdown, lower profit target 2%, 5 days payouts, remove min trading days,

The Instant Funding Two-Phase account has the following rules:

• Profit target — 10% and 5% (phase 1, phase 2)
• Daily drawdown — 5%
• Maximum drawdown — 10%
• Baseline profit sharing — 80%
• Scaled profit split — 90%
• Scale target — 10%
• Minimum trading days — 3 days
• News trading — No
• Holding overnight — Yes
• Holding over weekends — No, Only for phases 1 and 2
• Add-ons — News trading, 10% profit split, plus 2% max drawdown, lower profit target 2%, 5 days payouts, remove min trading days

As we can see, Instant Funding offers competitive rules and conditions for its accounts. Traders can additionally add add-ons to increase their chances of success via paid add-ons.

Instant Funding Fees

The fees at Instant Funding are competitive. Instant accounts cost more than 1-step and 2-step accounts which is natural. Let’s consider fees for each of the accounts and funded options to make a better comparison.

Instant Funding instant challenge has the following one-time fees without add-ons:

• Funded amount: 1,250 USD — one-time fee: 79 USD
• 2,500 USD — 120 USD
• 5,000 USD — 225 USD
• 10,000 USD — 440 USD
• 20,000 USD — 870 USD
• 40,000 USD — 1,735 USD
• 80,000 USD — 3,460 USD

Instant Funding One-Phase challenge has the following one-time fees without add-ons:

• Funded amount: 10,000 USD — one-time fee: 79 USD
• 25k — 149 USD
• 50k — 259 USD
• 100k — 429 USD
• 200k — 857 USD

Instant Funding Two-Phase challenges come with the following one-time fees without add-ons:

• Funded amount: 10,000 USD — one-time fee: 89 USD
• 25k — 189 USD
• 50k — 289 USD
• 100k — 489 USD
• 200k — 977 USD

Instant Funding free trial is not offered at the moment and traders have to purchase accounts to test trading conditions. The same is true for Instant Funding free repeat as traders will have to pay again to start over, in case they fail the challenge.

Instant Funding Platforms

Instant Funding provides traders with several advanced trading platforms including MT5, cTrader, and DXTrade. These platforms (MT5, cTrader) allow traders to use EAs (Expert Advisors), and custom indicators. However, Instant Funding does not allow EAs or automated trading strategies and traders should be careful.

Overall, Instant Funding offers a wide range of advanced platforms but prohibits EAs.

Instant Funding Profit-Sharing

Instant Funding profit split starts at 80% and traders can increase it with add-ons or through the scaling plan. After a trader scales their account, they acquire a 90% profit split. Traders can also purchase an add-on to add an extra 10% profit sharing on 80% during the purchase process. Traders can also buy an add-on to allow 5-day payouts, enabling them to withdraw profits every 5 days.

Education and trading tools at Instant Funding

The firm does not offer many educational resources. There is only a trading blog available and no webinars, courses, or video tutorials are offered. In the blog, traders can find interesting articles and posts, but not educational materials.

Customer Support at Instant Funding

The firm provides a decent customer support experience using live chat and email channels. Both the support and website of Instant Funding are multilingual, available in more than 5 languages.

Frequently Asked Questions on Instant Funding