FAQ Instant Accounts

Affiliate Program Crypto Plans Funded Accounts General Questions Instant Accounts Prohibited Activities Trading Rules

Instant Accounts

Do I need to complete KYC or sign a trader contract to start trading in an Instant Funding Plan?

A Trading contract and KYC are both required, in order to start trading using our Instant Funding Plan, these steps need to be completed.

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What products can I trade?

You can trade any products streamed by the Liquidity Provider into the available platforms, as such products may change from time to time. This includes FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies.

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Can I use an Automated Strategy?

Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.

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How do you calculate the Trailing Max Drawdown?

For instant financing plans, the “Trailing Max Drawdown" rule is used. This level is initially set at 8% of the initial balance and is tracked on your account (using Equity). until the specified profitability is reached. After that, the sliding level no longer changes and is fixed forever at the level of your initial balance.

Example:

Initial balance: 100,000 USD.

The sliding drawdown level is 92,000 USD (100,000 – 8%).

If your capital (Equity) has increased to 102,000 USD, the new sliding level becomes 93,840 USD (102,000 – 8%). This is your High Watermark for Equity over time, and you can view the details in your account.

If the capital (Equity) then reaches 108,000 USD, the drawdown level will no longer grow and will be permanently fixed at 100,000 USD (the initial balance level).

Thus:

Before the fix, the sliding drawdown level is always equal to the High Water Mark – 8%.

After the fix (when the Equity exceeds the profitability threshold), the drawdown level is fixed at 100% of the starting balance and does not change anymore.

The violation will only occur if Equity drops to this fixed level (provided that the daily drawdown of 5% is not exceeded).

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How do I withdraw the gains in my Instant Funded Account?

"Traders can request a withdrawal of the profits in their funded account through their trader dashboard at any time. However, withdrawals are limited to one request every 14 days. The minimum withdrawal amount is the greater of $100 or 1% of the account's starting balance. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown does not reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,800 and we would retain $3,200. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Trailing Drawdown will lock in at the starting balance and trigger the Maximum Trailing Drawdown breach rule, resulting in the forfeiture of your Funded Account."

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Do your Instant accounts charge commissions?

Instant Funded Accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.

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What brokers/liquidity providers do you use?

"We utilize an aggregate source of pricing and liquidity from multiple brokers and liquidity providers. The current liquidity providers use a number of different tier 1 banks, prime brokers, market makers and other liquidity sources to derive their pricing, and those underlying liquidity providers change constantly. Aggregating liquidity providers while maintaining multiple sources of liquidity allows us to provide competitive pricing and execution, while reducing reliance on a sole liquidity provider. All market pricing and trade executions are provided by the brokers, without any alterations or modifications on our part. Moreover, we do not adjust transaction costs such as bid-offer spreads, markups/markdowns or swaps beyond what is set by our brokers. Please note that the composition of liquidity providers may vary depending on the trading platform."

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Where do I track the progress of my account?

Upon purchasing an Instant Funding Plan, you will receive access to a trader dashboard where you can monitor your Instant Funded Account. The dashboard is updated in near real time as we calculate your account metrics. It is your responsibility to monitor your breach levels.

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Is Copy Trading allowed

"Copy trading is only permitted when all accounts engaged in copy trading are owned by you. Group trading, signal services, passing services, or any other methods that bypass individual strategy are not allowed. Engaging in trades that mirror or closely align with another trader or group of traders across multiple accounts is strictly prohibited."

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What happens if I do not pass KYC?

If you fail to pass the KYC process when requesting a withdrawal, the withdrawal will be rejected, your gains forfeited, and your account closed. We strongly encourage you to ensure you meet KYC requirements before choosing the Instant Funding Plan.

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What is the Instant Funding Plan?

The Instant Funding Plan allows traders to start with a fully funded account without needing to complete an assessment phase.

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