INSTANT Rules
Trade with a funded account right away
Program Parameters
- Evaluation phases
- 0
- Profit target
- No evaluation profit target
- Funded target
- No funded profit target
- Profit split
- 90%
- Daily drawdown
- 3% (Equity, EoD reset)
- Maximum drawdown
- 8%
- Above 7%
- Soft Trail
- Profit buffer
- 3%
- Daily DD reset
- 00:00 UTC
- Drawdown type
- Equity, EoD reset
- Max leverage
- 1:100
- Smart Exit level
- 1%
- Symbols
- Forex, metals, energies, crypto, indices, stocks
How these rules apply
General rule scope
This challenge program follows the general Propanium rules. That includes inactivity, payout buffer and prohibited activity.
Daily Drawdown
Our Daily Drawdown calculation is equity-based: every day, we take a single snapshot of your equity. During the rest of the day, we constantly measure your current equity against that snapshot.
Profitable days
The profitable days requirement only applies in the funded phase. It is up to you do decide how many days you need at the moment of the purchase. These days do not have to be consecutive, and they are required only once. The criteria for a day to be considered profitable is 0.5% more equity and balance than the day prior. (UTC time)
Soft Trail
Soft trail has two components:
The maximum drawdown level will jump to 0% as soon as profit reaches 7% in Instant accounts, and 6% in Flash accounts. Even if several payouts are requested beforehand, what will matter is floating profit + payouts.
This new maximum drawdown threshold can still slowly increase after that. For every 1$ earned above the buffer, the maximum drawdown will increase by 0.25$. The update will not happen immediately. Only at the end of every day or upon payout request.
In order to not confuse you, here is a summary example:
A 10K Instant account is sitting at 10,300 in equity, and has already requested its profit share of 400$ in payouts. Profitability: 7%. Therefore, the new Maximum Drawdown level will be 10,000$.
At the end of this day, your 10K Instant account is sitting with its best result ever: 10,600 in equity, and 400$ in past payouts. This means you achieved the remarkable result of 700$ above the buffer. Therefore, the new Maximum Drawdown level at the end of the day will be set at 10,175$ (Initial Balance + 25% of the 700$ Earnings above the buffer).
Smart Exit
For accounts created after 18 August at 00:00 UTC, Smart Exit applies: if floating loss reaches 1%, all open trades are closed automatically. Smart Exit is not a breach, but each activation reduces the profit split by 10 percentage points, until reaching a minimum of 60%. For this reason, placing a Stop Loss is not needed.