If you're thinking about using the service, be aware that my $2,000 payout was denied due to a rule that was not in place when I acquired the account, wasn't included in the agreement I signed, and wasn't clearly communicated before I started trading. I purchased an account a few months ago, successfully completed the challenge, and generated over $2,000 for my first payout. Upon requesting it, I learned about a new rule regarding a “50% of daily drawdown per trade idea” that was implemented after my sign-up. This rule was absent from the documents at the time of my purchase and wasn't mentioned in any of the promotional materials. It effectively reduces the 3% daily drawdown to a 1.5% limit per trade idea, significantly diminishing the usable buying power of a $25,000 account. I haven't encountered any other trading firm that applies a retroactive rule like this without clear notification. Consequently, my payout was denied. I've also faced technical problems with the platform. It tends to refresh randomly, causing accounts to shift across different browsers and devices, making it easy to mistakenly place trades on the same account when managing multiple accounts. I reported this issue, but received no assurance that it would be addressed or that traders would be safeguarded from losses due to it. Unlike other firms, where exceeding a limit results in the trade being rejected, here, a glitch can instantly jeopardize your account. After further discussions with the support team, the firm confirmed in writing that they would not process the payout. They admitted that the 50% rule wasn't in effect when I purchased the account, yet they claimed it applies retroactively and that a single email (which I can't locate) is considered adequate notice. They also stated that the issue is “resolved” on their side. The only alternative they offered was a non-negotiable goodwill gesture that would eliminate all my profits and two months of trading. There was no option for escalation.
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Instant Funding redefined prop trading by offering traders direct access to funded accounts through its signature Instant Funding model without profit targets, time limits, or daily drawdowns.
By skipping challenges and evaluations, traders can start trading right away and keep up to 90% of their profits, with accounts scaling to $3.82M. This way, they can fully focus on developing their skills and reaching new heights.See more
