Short Answer
The Instant Challenge gives you immediate access to a Simulated Funded Account with no Evaluation phase and no Profit Target. It uses an Equity-based Trailing Maximum Loss, allows news trading, and offers instant Reward Requests subject to eligibility.
Overview
The Instant Challenge is designed for traders who want to skip the Evaluation entirely. Instead of passing objectives, you receive a Simulated Funded Account straight away and begin trading under the program’s Trading Rules.
Because there is no Evaluation phase, there is no Profit Target to reach. Your focus is trading within the Daily Loss Limit and the Equity-based Trailing Maximum Loss while working toward eligible Rewards.
How It Works
Purchase the Instant Challenge and select your account size.
Receive your Simulated Funded Account credentials.
Complete KYC verification.
Review and sign your Trader Agreement from your Dashboard.
Start trading under the Instant Challenge Trading Rules.
Become eligible to submit Reward Requests once you meet the program requirements.
Trading Objectives
Profit Target: None
Daily Loss Limit: 3%
Maximum Loss: 10% Trailing (Equity-based)
Minimum Trading Days: None
Consistency Rule: 20%
News Trading: Allowed
Rewards: Instant (subject to eligibility requirements)
Minimum Reward Amount: $100
Reward Share: 80% (Upgradeable to 95%)
Account Sizes
The Instant Challenge is available in the following account sizes:
$5,000
$10,000
$25,000
$50,000
$100,000
Leverage
Forex: 1:30
Equity-Based Trailing Maximum Loss
The Instant Challenge uses a Trailing Maximum Loss that is based on your account Equity, not your Balance. This means your Maximum Loss level trails your account’s highest Equity point, including unrealized (floating) profit from open positions.
This is stricter than a Balance-based Trailing Maximum Loss. Because it follows floating profit, an open position that rises and then falls can move your Maximum Loss level up and then breach it, even if you never closed the trade in profit.
For a full explanation of the difference, see What is the difference between Balance-based and Equity-based trailing?
Payout Lock
The Instant Challenge uses a Payout Lock. Once you submit your first Reward Request, your Trailing Maximum Loss locks permanently to your account’s original starting balance. Always leave a sufficient buffer after a Reward is paid to avoid breaching your account.
See What is the Payout Lock? for a detailed explanation and examples.
Available Add-Ons
Higher Reward Share (95%)
Weekend Holding
After You Receive Your Account
Complete KYC verification.
Review and sign your Trader Agreement from your Dashboard.
Trade within the Daily Loss Limit and Equity-based Trailing Maximum Loss.
Become eligible to submit Reward Requests once you meet the program requirements.
Important
The Instant Challenge has no Evaluation phase and no Profit Target.
The Maximum Loss is Trailing and based on Equity, which is stricter than Balance-based trailing.
Holding positions over the weekend without the Weekend Holding add-on is a breach of your account.
The Payout Lock applies once you submit your first Reward Request.
Continue Your Journey
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