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Instant Funding Forex - Standard

Instant Funding Forex - Standard

Updated over a month ago

Daily Drawdown: None


The daily drawdown limit is determined based on your starting balance or equity, whichever is higher at the beginning of the trading day.


Maximum Drawdown: 3%


The maximum drawdown is set to trail 3% below the highest equity your account has reached. As your equity increases, the drawdown limit adjusts to stay 3% below the new high.


Example 1: Equity Increases, Adjusting the Max Overall Loss


  • Starting balance: $100,000.

  • During trading, your equity increases by 1%, reaching $101,000, setting a new Highest Watermark (HWM).

  • The max overall loss is now calculated as $101,000 - 3% = $98,000.

  • If your equity drops below $98,000, your account will be breached.



Example 2: High Equity Reached During the Day but Closed Lower


  • Starting balance: $100,000.

  • During trading, your equity reaches a new high of $104,000, setting the Highest Watermark (HWM).

  • The max overall loss is updated to $104,000 - 3% = $101,000.

  • However, you close all trades by the end of the day, leaving your equity and balance at $101,000.

  • On the next day, the max overall loss ($101,000) also becomes the daily drawdown limit, meaning your account will breach if equity falls below $101,000.



Minimum Trading Days


7 minimum trading days allows us to better asses your trading style


Profit Threshold


You must achieve at least 0.5% profit on 7 separate trading days. These trading days do not need to be consecutive. For instance, if you trade over 10 days, any 7 of those days that meet the 0.5% profit requirement will count.


How Active Trading Days Are Determined


  • Active trading days are based on the Daily Realized PnL.

  • Daily Realized PnL reflects profits or losses from closed trades on a specific trading day, as it calculates changes in the account balance.

  • Note: The Results column in the Trader Dashboard is based on equity changes, not realized PnL


Withdrawal Threshold: 6%


The account must reach a 6% profit target in order to withdraw profit.


Leverage


  • Forex & commodities= 1:10

  • Crypto & Indices= 1:2


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