Instant funding prop firms trading is a form of forex-funded account provided by forex prop firms, this form of account comes with no evaluation process. Traders With Edge instant funding accounts enable traders to start trading live accounts from the very first day.
The program provides a unique opportunity for both beginner traders and experienced traders to leverage their trading skills, by gaining instant access to a funded account, this will enable them to trade the financial markets without risking so much of their own personal money.
In this post, We’re going to discuss the concept of the newly launched Traders With Edge instant funding programs. we will also provide an in-depth review of this newly launched no evaluation prop firm accounts by Traders With Edge.
Additionally, we will highlight the advantages as well as the disadvantages and give valuable insights that will help traders to decide if these instant funding accounts will push their trading career to new heights.
Accessibility, and Speed
The primary advantages of instant funding lie in its speed, accessibility, as well as flexibility. The funding process is fast, often taking just a few days from application to account activation, this enables traders to quickly seize on market opportunities.
No evaluation funding removes the need for a lengthy evaluation process, making funds instantly accessible to a diverse range of traders. Instant funding also provides flexibility in trading strategies, allowing traders to diversify their portfolios and explore various techniques.
How Traders With Edge Instant Funding Works
Traders With Edge simplifies the process of getting started with instant funding programs by introducing two types of no evaluation account accounts. They are Standard and Aggressive.
Each evaluation account type comes with its pricing and specific rules that must be followed by traders. Both the Standard account balance and the Aggressive account balance range from $2,500 to $20,000. The account can also be scaled up to $1,280,000 through stages 1 – 8.
Profit Target & Scaling
There are profit targets as well as a scaling-up process for the traders with Edge instant funding program are as follows:
Standard Instant Funding Account:
The Standard Account has a profit target of 10% that must be achieved before withdrawal. Traders who achieved the target can make withdrawals without affecting their profit target to scale.
Aggressive Instant Funding Account:
The Aggressive Account comes with a profit target of 20% that must be achieved. Traders can make withdrawals after reaching the target without affecting their scaling opportunity.
Traders With Edge Instant Funding Process:
The process of instant funding at Traders With Edge involves three simple steps:
1. Select Account: First, intending trader will have to select the desired instant funding account size and trading platform.
2. Account Activation: Once the purchase process is complete, the trader’s account is activated instantly, while access to a funded account will be provided
3. Trade and Withdraw: Traders needs to responsibly trade the account and generate profits, they can easily withdraw the profits from the trading dashboard.
Eligibility Requirements:
To qualify for Traders With Edge instant funding, applicants must meet specific eligibility criteria:
1. Trading Experience: Traders should have a foundational understanding of trading concepts and techniques to ensure they can manage funds.
2. Trading Rules Compliance: Applicants must follow the trading rules set forth by Traders With Edge to ensure they trade responsibly.
3. Risk Management: Traders are expected to demonstrate a clear understanding of risk management strategies, as the ability to manage risks is important to successful trading.
Traders With Edge Funding Program and Trading Limits:
Traders With Edge offers multiple funding programs, allowing traders to select the best level of funding for their needs and experience. As traders demonstrate success and follow risk management guidelines, they may qualify for higher funding as well as increased trading limits.
This approach enables traders to grow their portfolios and seize more market opportunities while also maintaining a disciplined trading approach.
Traders With Edge Instant Funding Account Hard Rules
In this section, we will list the hard rules that must be observed in other to become successful with these instant funding accounts. Note: Failure to observe the hard rules will result in account termination.
Instant Funding Daily Drawdown:
There is no daily drawdown limit for both the Instant Standard and Instant Aggressive Accounts.
Instant Funding Maximum Drawdown:
The maximum drawdown for the Instant Standard Account is static at 10%. while the maximum drawdown of the Instant Aggressive Account is static at 20%. The limit is calculated from the initial account balance after scaling.
Instant Funding Minimum Days:
Both Standard and Aggressive Instant Funding Accounts require a minimum of 5 trading days, to scale to the next level, traders must open at least one trade on each of the five days. Trades must be fully executed trades, they can not just be opened and closed within seconds. Also, pending orders do not count toward the total.
Instant Funding Maximum Days:
Traders have 180 maximum trading days to complete the first level of the Instant Funding account. After reaching the profit target and scaling to the next level, there is no maximum time limit.
No Manipulation Policy
Instant funded accounts are connected to a real funded account, to ensure effective trade copying, manipulation on any account is not tolerated. This includes activities such as tick scalping, arbitrage, hedging between accounts, Delayed or frozen data feeds, third-party trading, and lot size manipulation.
Maximum Trades Per Day
Traders can place an average of up to 10 trades per day.
Instant Funding Soft Rules
Traders With Edge instant funding has some soft rules that traders must observe to maintain a good stand with Traders With Edge. Even though it is advisable to observe and obey the soft rules. Failure to observe soft rules will not result in the termination of the account.
Stop Loss Required
A visible stop-loss is required with every trade. Failure to place a stop loss will result in the system closing the trade automatically.
Holding Trades over the Weekend:
Trades can be held overnight, but all trades must be closed before the weekend. Trades left open during weekends will be closed automatically at Friday’s market close.
Maximum Account Risk:
The maximum position size per trade is 2% of the account. If this limit is exceeded, the trade will be closed automatically.
Traders With Edge Instant Funding Standard Account:
The size of the initial balance increases each time a trader grows the account by 10%. The maximum drawdown is 5% of the starting account balance, and the leverage is 1:20.
Traders With Edge Instant Funding Aggressive Account:
The initial account size increases each time the account grows by 20%. The maximum drawdown is 10% of the starting account balance, and the leverage is 1:50.
Profit Split:
For the first level, traders can earn a profit split of 50% of their profit target, which can be increased to 60% with customizations. All other levels have a profit split of 50% of all profits made on the account.
Payouts:
Traders can request a payout after trading for at least 5 different trading days. The minimum profit required for different payout methods can be found in the Funding & Payouts section.
Benefits of Traders With Edge Instant Funding Program
Traders With Edge instant funding accounts offer several benefits, including improved capital access:
Capital Access: Bigger account size that allows traders to leverage their positions and potentially achieve higher returns.
Risk Management: Trading with proprietary trading firms fosters a collaborative approach to risk management, emphasizing the use of stop losses for disciplined trading.
Trading Resources and Education: Traders With Edge offers comprehensive training materials, mentorship, and expert support to enhance traders’ skills and knowledge.
Flexible Trading Hours: Instant trader funding provides the flexibility to trade in multiple markets and adapt strategies to market volatility.
No Personal Capital at Stake: By trading with the firm’s capital, traders minimize personal financial risks and focus on improving their trading abilities.
Drawbacks and How Trader With Edge Instant Trader Funding Bridge the Gap
While instant funding offers numerous benefits, it’s essential to mention the potential drawbacks too.
Traders With Edge instant funding and numerous other programs address these concerns by providing competitive profit-sharing terms, offering a diverse range of trading instruments, as well as maintaining a balanced approach to rules and restrictions.
By partnering with Traders With Edge, traders can mitigate drawbacks and capitalize on the advantages of instant trader funding.
Choosing Traders With Edge Instant Funding
Traders With Edge instant funding trading stands out as the ideal funding program due to several reasons which we will discuss in this section:
Reputation and Track Record:
Traders With Edge has a good reputation and as well, a proven track record of helping traders achieve their goals.
Funding and Growth Potential:
With multiple funding programs, Traders With Edge instant funding supports traders in growing their trading activities as they demonstrate success.
Support and Educational Resources:
Traders With Edge offers comprehensive support, educational resources, and expert guidance to empower traders.
Technology and Trading Platform:
Traders With Edge provides an advanced trading platform with powerful tools, real-time data, and advanced order execution capabilities for an efficient trading experience.
Conclusion:
In conclusion, Instant funding program provides numerous benefits for traders at all levels, allowing them to maximize the opportunities presented by the financial markets and also excel in the trading business.
Traders With Edge, with its exceptional services, support, and technology, is the go-to choice for traders seeking instant funding. By partnering with Traders With Edge, traders gain access to a reputable provider committed to their success.
