Explore everything about our Standard Instant Funding account: drawdown limits, profit split structure, trading rules, and account scaling conditions.
The maximum allocation per member is $100,000 for Instant Standard Accounts.
The profit split structure for Instant Standard Accounts will be as follows:
1st reward: 50/50 split
2nd reward: 60/40 split
3rd reward: 70/30 split
4th reward: 80/20 split
Note: It remains 80/20 split from the 4th reward onwards.
After a full withdrawal, the Overall Drawdown Limit for an Instant Standard Account resets to as it was at Initial Balance
Be informed that Partial Withdrawal is Not allowed on Instant Standard Accounts.
There’s a consistency rule for Instant Funding Accounts.
Why this Rule?
Funded Trader Markets’ Consistency Rule promotes steady profit growth and helps traders avoid emotional trading
Important Details About the Consistency Rule For Instant Funding Accounts
In an Instant Simulated Funding Account; you should not have made more than 15% of the total profit in one day.
If a single day’s profit is more than 15% of your total profit in the Instant Funding Account , you will have to continue trading until there isn’t a day with more than 15%.
Calculation
[Best Day % of Total Profit] = [Best Day Profit] ÷ [Overall Profit] * 100
Best Day Profit means the highest single day profit.
Single Day’s Profit = Balance at 5pm est Today – Balance at 5pm est Yesterday
Example (Instant Funding Account)
If you made a total profit of $10,000 on an Instant Funding Account,
To be eligible for withdrawal, there should not have been a single day with more than 15% of $10,000 (= $1,500).
If there is a single day with more than 15% of total profit, then you have to keep on trading until the best day profit is less than 15% of the total profit.
The Overall Drawdown Limit for the Instant Funding Account is 5%.
Key Points to Understand:
Example 1:
Start of Day 1:
Starting Balance/Equity: $100,000
Initial Overall Drawdown: 5% of $100,000, which means the stop-out limit is set at $95,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.
During Day 1:
New Balance: $103,000
Overall Drawdown: $103,000- $5,000 = $98,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.
Day 2:
Starting Balance/Equity: $101,000
Allowed Overall Drawdown: The stop-out limit remains at $98,000 as it is based on the highest balance of $103,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.
The Instant Funding Account has a fixed Daily Drawdown Limit of 3%, based on the initial balance.
Example 1:
Account Size: $100,000
Daily Drawdown Limit: $3,000
Day 1:
Starting Balance/Equity: $100,000
Daily Drawdown: $3,000
Stop-Out Limit: $97,000 ($100,000 – $3,000)
Day 2:
Starting Balance/Equity: $106,000
Daily Drawdown: $3,000
Stop-Out Limit: $103,000
Example 2:
End of Day 1 Balance: $105,000
End of Day 1 Equity: $103,000
Daily Drawdown Limit: $3,000
At 5 PM EST, if unrealised positions are open, then 3% of Initial balance will be deducted from the higher of the two. In Example 2 above since balance is higher than Equity, the stop out limit will become ($105,000 – (3% of 100,000)) = $105,000 – $3,000 = $102,000
If Either Balance Or Equity reaches the limit of $102,000, it would breach the Daily Drawdown Limit (In example 2 above, a further $1,000 loss in Equity would breach the Limit)
Example 3:
Day 3:
End of Day Balance (Day 2): $101,000
End of Day Equity (Day 2): $106,000
In Example 3 above, since Equity is higher than Balance, the stop-out limit will become:
$106,000 – (3% of $100,000) = $106,000 – $3,000 = $103,000
Since the Balance of $101,000 is lower than the limit of $103,000, this will cause an immediate breach of the Daily Drawdown Limit.