Here we go with our Instant Funding io review, a leading UK-based prop firm that is designed specifically for traders, offering trading models with clear rules and reliability, which empowers traders to maximize their trading potential.
Instant Funding io offers amazing unique features such as weekly payouts with a profit split up to 90%, scaling up to $2.5m, no time limits or minimum trading days, up to 1:100 leverage, and no daily drawdown on its instant funding accounts.
Instant Funding Io Prop Firm Review
Instant Funding.io offers funding programs to Forex traders of all levels. The firm is committed to providing traders with a unique experience and a multitude of prop trading opportunities. The company uses cutting-edge technology to ensure that traders have access to the best trading tools and resources.
A registered member of the ICO with registration number 12696083. Instant Funding.io offers three types of accounts:
- Instant funding accounts
- One-phase evaluation accounts
- Two-phase evaluation accounts.
The evaluation account is designed to test traders’ skills and then fund them after they pass the challenge. The funded account is for traders who have successfully passed the evaluation and are ready to trade with real money.
Instant Funding.io has a transparent business model that ensures traders can see their progress and keep track of their profits and losses. The prop firm also has no aggressive trading rules, with a maximum drawdown of 10% and no daily drawdown after the first withdrawal. Traders have unlimited funded challenge time limits, which means that they can take as long as they need to pass the challenge.
Instant Funding Trading Accounts
Instant Funding Prop Firm trading accounts come in different models and sizes: Instant Funding program, One Phase Evaluation program, and Two-Phase Evaluation program. All models are designed to help traders achieve success in trading by providing them with the necessary tools and resources.
1. Instant Funding Program
Instant Funding is a trading model where traders receive instant funding without passing through the evaluation process. Traders can simply sign up for an account, receive the trading account credentials, and start trading right away without waiting or wasting time.
The funding balance provided by Instant Funding varies based on the trader’s choice of trading account size. For example, the biggest account size which is $80,000 costs an access fee of $3,460 while the smallest account size of $1,250 costs an access fee of $79.
Instant Funding trading model account sizes, fees, and rules are as follows (instant funding discount code: PTP10OFF helps you save an extra 10% off fees during the checkout):
- $1,250 account = $79
- $2,500 account = $120
- $5,000 account = $225
- $10,000 account = $440
- $20,000 account = $870
- $40,000 account = $1,735
- $80,000 account = $3,460
- No Profit target
- No Daily drawdown
- Maximum Smart Drawdown: 10%
- No Min. or Max. Trading Days
- Profit Split: 70% – 90%
- Scaling: up to $2.5m
- Leverage: 1:100
- Broker Partner: ThinkMarkets
2. One Phase Evaluation
One-Phase Evaluation is a trading model where traders are evaluated in a single phase. The evaluation process consists of a series of trading tests that evaluate the trader’s ability to manage risk, execute trades, and make profits.
Once the trader passes the single-phase evaluation process, they are provided with a funded account that they can use to trade the global financial markets. The funding provided in the One Phase Evaluation varies based on the trader’s choice of accounts. For example, a $200,000 account costs a fee of $925 while the smallest $12,500 account costs a fee of $99.
One-Phase evaluation trading model account sizes, fees, and rules as follows (instant funding discount code: PTP10OFF helps you save an extra 10% off fees during the checkout):
- $12,000 account = $99
- $25,000 account = $149
- $5,000 account = $225
- $50,000 account = $269
- $100,000 account = $479
- $200,000 account = $925
- Profit target: 10%
- Daily drawdown: 3%
- Maximum Smart Drawdown: 10%
- No Min. or Max. Trading Days
- Profit Split: 80% – 90%
- Scaling: up to $2.5m
- Leverage: 1:100
- Broker Partner: ThinkMarkets
3. Two Phase Evaluation
Two Phase Evaluation is a trading model where traders are evaluated in two stages. The evaluation process consists of a series of trading tests that evaluate the trader’s ability to manage risk, execute trades, and generate profits.
As soon as a trader passes the two-phase evaluation process, they are provided with a funded account that they can trade in the global financial markets. The funding provided in the Two-Phase Evaluation varies based on the trader’s choice of account size. For example, a $200,000 account costs a fee of $925 while the smallest $12,500 account costs a fee of $99.
Two-phase evaluation trading model account sizes, fees, and rules as follows (instant funding discount code: PTP10OFF helps you save an extra 10% off fees during the checkout):
- $12,000 account = $99
- $25,000 account = $149
- $5,000 account = $225
- $50,000 account = $269
- $100,000 account = $479
- $200,000 account = $925
- Profit target: 8% step one, 5% step two
- Daily drawdown: 5%
- Maximum Smart Drawdown: 10%
- No Min. or Max. Trading Days
- Profit Split: 80% – 90%
- Leverage: 1:100
- Broker Partner: ThinkMarkets
- Scaling: up to $2.5m
Instant Funding Discount Code
Instant Funding promo code allows traders to receive a discount on the evaluation fee. Traders who apply the exclusive Instant Funding io discount code: PTP10OFF get an instant 10% off any trading model of their choice. Sign up at the Instant Funding io website to enjoy the discount.
Our readers can always apply the above discount code as it is always valid, all the time and never expires. Although there could be other discount codes with limited validity such as FESTIVE, for 10% off, valid until 14th January 2024. We advise traders to use such discount codes as soon as possible to take advantage of the savings.
Instant Funding Trading Rules
Instant Funding Prop Firm has a set of trading rules that traders need to follow to ensure consistent profitability and minimize risks. These rules include. Some of these rules are the smart drawdown, daily drawdown, profit target, and so on.
Instant Funding Smart Drawdown
Instant Funding io smart drawdown system ensures traders do not lose more than 10% of their account balance overall. This is different from trailing drawdown even though it moves up, but only once. Once a trader makes a 5% profit on the account, the smart drawdown moves up to -5% balance and locks there.
For example, if you trade a $100,000 account, as soon as you make a $5,000 profit, bringing the total account balance to $105,000, the smart drawdown moves from $90,000 to $95,000 and remains there permanently. This is to protect the capital and allow the trader to manage risks effectively.
Smart Drawdown is a model combining the best of both static and trailing drawdowns. Unlike other trailing drawdown firms with a -5% or -6% drawdown (maximum loss), Instant Funding Smart Drawdown starts at -10% and remains static until the trader makes a profit of 5% or more, at which point it moves once and remain there forever.
Instant Funding Scaling
Instant Funding scaling plan allows traders to scale their trading accounts up to a $2.5m balance, based on their performance. Traders can increase their account size by achieving a 10% profit in their accounts, helping them take on more risk and make more profit.
For example, on your $100,000 account. If you make a 10% profit ($10,000) you can scale your account to $200,000. When scaling, Instant Funding uses 5% of the 10% gain in your account. In this example, $5,000 would be used to scale the account and the remaining profit is yours to keep.
You can scale your account through the scaling button on your dashboard. If your account is eligible and all trades are closed this will appear on your home screen. Smart account holders can scale up to $1,250,000, providing ample room for potential growth. While conventional account holders can scale up to five times their initial balance.
Instant Funding Profit Split
Instant Funding Prop Firm offers traders a split of the profits they have made. The profit split varies depending on the trader’s trading model and performance.
For example, the Instant Funding model’s profit split starts from 70% up to 90% while the profit splits of One-Phase and Two-Phase trading models start from 80% up to 90%. Traders who consistently make profits and scale their accounts can earn a higher profit split.
Instant Funding Withdrawal
Traders at Instant Funding Prop Firm can make their first withdrawal 14 days from their first trade on their funded accounts. However, this is reduced to 7 days for subsequent withdrawals.
Withdrawals are processed through the Wise payment system and Coinbase (Cryptocurrency) which has a limit of $750. The minimum amount to be withdrawn is $25, and payments are processed within 2 business days.
Instant Funding Payout Proofs
Instant Funding io payout proofs as submitted by their traders can be found on the Discord channel. Simply go to the Instant Funding io website, click the Discord icon, and proceed to the server to view the numerous payout proofs.
Instant Funding Promos and Competitions
Instant Funding io offers various promotions and competitions to attract new traders and retain existing ones. For example, traders who apply the discount code: FESTIVE when buying an account before the 14th of January 2024 will receive a free $10,000 One Phase evaluation account if they spend at least $175. These promotions and competitions are a way for traders to earn additional funds and boost their profits.
With the purchase of an account using the above code, you are automatically entered into the firm’s 25 Days giveaway where you could win from 10 x $50k Two Phase account, 10 x $50k One Phase account and 5 x $25k One Phae account, which has been their tradition since the start.
There are other promotions by Instant Funding io, such as Weekly poker tournaments where 1st to 5th positions win evaluation accounts of $12,500 to $50,000
They also have trading competitions, Invite competitions and so many other competitions that run from time to time to reward their clients for their hard work. These competitions can be a great way for traders to win amazing prizes.
Traders should carefully review the terms and conditions of these promotions and competitions before participating to ensure that they understand the requirements and restrictions.
Pros and Cons
Here we want to list what makes Instant Funding io a great choice for traders as well as things that are not so cool.
Pros:
- Weekly Payout: Receive 1st payout after 14 days and 7 days subsequently
- Profit Split: Generous profit split up to 90%
- Minimum Payout: Just $25 and you are good
- Account Scaling: Scale up to $2;5m or 5x the account size
- No Time Limit: You are not pressured with an account expiry date
- Use of EAs: Use of EAs is allowed
- Leverage: 1:100 which is good for prop a firm
Cons:
- Smart Drawdown: This is not a fully static drawdown
- Limited Crypto withdrawal: limited to just $750
- Daily drawdown: 3% for One Phase Challenge
Conclusion
Instant Funding.io is a reputable prop firm that is known for offering instant funding and other trading models to its traders. With a simple and transparent procedure, the firm ensures that there are no hidden rules or complicated conditions. The firm provides a new and reputable name to the growing prop firm market.
Customers who have traded with Instant Funding Prop Firm have left positive reviews on various platforms such as Trustpilot. The reviews highlight the excellent customer service and helpful support team that the firm provides.
Instant Funding.io is one of the few firms that offer both instant funding and evaluation-based prop funding. The firm has a very generous profit split plan, with up to 90% of profits going to traders, and is one of the fastest payout prop firms in the market.
In summary, Instant Funding Prop Firm provides an excellent opportunity for traders who are looking for instant funding and evaluation-based prop funding. The firm’s transparent and simple procedure, excellent customer service, scaling plan, and generous profit split plan make it a reliable choice for traders.
