Learn how the Pro version of our instant funding plan works, including its no daily drawdown policy, consistency rule, and payout process.
After a full withdrawal, the Overall Drawdown Limit for an Instant Pro Account resets to as it was at Initial Balance
Be informed that Partial Withdrawal is Not allowed on Instant Pro 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 Pro Account is 3%.
Key Points to Understand:
Trailing Overall Drawdown: The Overall Drawdown is calculated based on your account’s Highest Balance (Maximum Balance Watermark) and does not reset daily at 5 PM EST. It consistently remains at 3% of the INITIAL BALANCE from the peak balance and is always trailing.
Example 1:
Start of Day 1:
Starting Balance/Equity: $100,000
Initial Overall Drawdown: 3% of $100,000, which means the stop-out limit is set at $97,000. 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- $3,000 = $100,000. 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 $100,000 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 Maximum Daily Drawdown Limit is 3% of the Initial Balance.
Example 1:
For a $100,000 Instant Pro Account Evaluation, the Daily Drawdown is 3% of the Initial Balance.
Day 1:
Starting Balance/Equity: $100,000
Allowed Daily Drawdown: 3% of $100,000 = $3,000 (stop-out limit = $97,000)
Example 2:
Day 2:
End of Day Balance (Day 1): $104,000
End of Day Equity (Day 1): $103,000
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 Day 2 above, since balance is higher than Equity, the stop out limit will become ($104,000 – (3% of 100,000)) = $104,000 – $3,000 = $101,000
If Either Equity or Balance reaches $101,000, it would result in a breach of the Daily Drawdown 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.
The profit split structure for Instant Funding Pro Account 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.
The maximum allocation per trader is $100,000 for Instant Funding Pro Accounts.