Getting Started With Instant Funding Prop Firm - hesapdetay.com (2024)

Have you ever wondered how to break into prop trading but didn’t have the funds to get started? Well look no further than Instant Funding Prop Firm, one of the top prop firms in the game. I first discovered Instant Funding about a year ago when I was feeling frustrated by my lack of trading progress. I had been paper trading for a while but just couldn’t pull the trigger to fund a real account.

That’s when I came across Instant Funding online. At first I was a bit skeptical since it seemed almost too good to be true. How could a prop firm let me trade with their money for such a low cost? After doing some more research, I started to realize this was a great opportunity. Instant Funding has been around for years and has thousands of successful traders. They must be doing something right to still be in business.

Instant Funding Prop Firm Trading Programs

Getting Started With Instant Funding Prop Firm - hesapdetay.com (1)

Instant Funding Prop Firmoffers three main trading programs – Instant Funding, One-Phase, and Two-Phase. Instant Funding has no time limits, profit targets, or daily drawdown. You can scale your account up to $1.28 million with 1:100 leverage and keep 70-90% of profits. This is ideal for swing traders who want full flexibility.

One-Phase has a 10% profit target and 3% daily drawdown limit. Accounts scale up to $1.6 million with the same leverage. This targets more active day traders. Two-Phase has two profit targets of 8% then 5% with 4% daily drawdown. It also scales up to $1.6 million. This splits the difference between swing and day trading.

My Experience With the Instant Funding Dashboard

When I first logged into the Instant Funding Prop Firm trader dashboard, I was impressed by how user-friendly and informative it was. Everything was well organized and easy to navigate. I spent a good amount of time exploring the different stats, reports, and educational materials available. It was really cool to see visualizations of my trading performance over time.

The dashboard also integrates directly with the DXtrade platform, so you can trade right from the same interface. This made managing my Instant Funding account very convenient. I loved being able to place trades with a few clicks and see my P/L update in real-time. The dashboard definitely gives you a true feel of trading with a prop firm.

Scaling Up My Instant Funding Account

Getting Started With Instant Funding Prop Firm - hesapdetay.com (2)

When I first started with Instant Funding, I went with one of their smaller One-Phase accounts at $12,500. After a few months of consistent profits using their strategies, I decided to scale up. I was impressed by how easy Instant Funding Prop Firm made it to upgrade my account size. I just logged into the dashboard, selected the new size I wanted, and paid the difference – no hassle at all.

Within a few weeks of scaling up, I was able to generate over $10k in profits from my new $50k One-Phase account. Seeing those bigger numbers was really motivating. I’m now working towards reaching the maximum $200k account size with Instant Funding. The ability to scale up over time is a huge advantage their program offers.

Instant Funding’s Community of Traders

One of the best parts about trading with Instant Funding has been getting to connect with other traders in their community. Through the trader dashboard chat feature and Telegram group, I’ve found a great support system. It’s really helpful to exchange trade ideas, discuss strategies, and celebrate wins together.

We also get to see our names in the weekly trader payout reports. This leaderboard aspect is fun and provides extra motivation. I can’t wait until I make it onto the top payout list myself! The community Instant Funding Prop Firm has built is truly unique in prop trading.

My Favorite Trading Strategies

Getting Started With Instant Funding Prop Firm - hesapdetay.com (3)

When I first started with Instant Funding, I focused on simple day trading strategies using trend lines and indicators like the MACD. As I’ve scaled up my account, I’ve developed a few favorite strategies that have been very profitable.

One strategy I love is range trading forex pairs like EUR/USD during low volume times. I draw horizontal support and resistance levels and enter trades when the pair bounces sharply off those levels. Another winning approach has been day trading stocks around earnings reports. Analyzing after hours moves the day before earnings allows me to often predict gaps in the right direction at the open.

No matter the market, I find keeping strategies simple yet effective is key. Instant Funding Prop Firm educational resources were also very helpful in strategy development. Being able to backtest new ideas on the dashboard before going live is so valuable.

Continuing To Learn and Improve

Getting Started With Instant Funding Prop Firm - hesapdetay.com (4)

While trading with Instant Funding has taken my skills to the next level, I know there is always more to learn in such a complex field. Even as I’ve scaled my account, drawdown periods still remind me of how important risk management is. Through the community chat groups, I’m always picking the brains of more experienced traders on how they avoid costly mistakes.

I also make it a priority to study new strategies presented during Instant Funding Prop Firm weekly webinars. Expanding my toolbox will only help as market conditions change. The educational content and experts Instant Funding provides truly do help traders get better over time. As long as I keep learning and improving risk management, I’m confident the profits will keep growing too.

Final Thought

In my opinion, Instant Funding Prop Firm is the best prop firm out there for traders just getting started in the industry. Their low costs, flexible programs, easy to use dashboard, and supportive community have taken my trading to the next level. I’m excited to continue scaling up my account sizes and skills over the next year.

For anyone else feeling stuck in the demo trading phase, I highly recommend checking out Instant Funding. They gave me the real-world experience I needed to prove my strategies could be profitable. I have no doubt Instant Funding will help many other traders achieve their goals too.

Getting Started With Instant Funding Prop Firm - hesapdetay.com (2024)

FAQs

How many people actually pass prop firm challenges? ›

According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders. But why is the percentage of failure so high?

How do you pass prop firm evaluations? ›

One of the most crucial aspects of passing a prop firm challenge is having a well-defined trading strategy. A trading strategy is a set of rules that guide your decision-making process in the market. It includes entry and exit criteria, risk management rules, and trade management techniques.

What is the best prop firm for instant funding? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

How hard is it to pass a prop firm challenge? ›

With the Prop Firm challenges, it's not just about failing or winning. You must be profitable and fulfill certain trading objectives which makes it even harder. Less than 1% of traders who attempt the challenge pass and get funded.

What is the pass rate for the funded challenge? ›

Around 10% pass

According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.

What is the failure rate for FTMO? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.

What is the best prop firm strategy? ›

Trend following is a popular strategy among prop traders because it allows them to ride the momentum of a trend and potentially generate significant profits. However, it is important to note that trends can change quickly, so proper risk management is crucial when using this strategy.

What is the success rate of prop firm evaluation? ›

It is estimated that only 4% of Forex traders succeed with prop firm challenges, and only 1% of traders can generate profits consistently without violating any rules.

How long does it take to pass prop firm challenge? ›

In Summary – How Long Does It Take To Become A Funded Trader? In conclusion, it can take around 4-5 months to pass a prop firm trading challenge and become a funded trader.

Can you make a living trading for a prop firm? ›

Yes, as a funded trader with True Forex Funds, it is possible to make a living from prop trading firms. Proprietary trading firms, or prop firms, often provide traders with the opportunity to trade with the firm's capital, allowing them to access larger trading positions and potentially increase their profits.

Do prop firms really pay out? ›

There is nothing inherently scammy about the business model of prop firms. But how do they make money then? For starters, prop firms, of course, do not give money to just anyone who asks. Typically, they have a multi-stage evaluation process to make sure the traders they employ know what they are doing.

Can I start my own prop firm? ›

Do proprietary trading firms need a license? Prop trading firms are less heavily regulated than regular brokerages and broker-dealers. However, it depends on the way the prof firm choose to open their business. If them choose to open a firm only with trader challenges, there's no license needed.

What happens if you lose a prop firm challenge? ›

You usually will not owe anything if you lose a prop firm's funds. When you trade with a prop firm, you are risking the fee you pay to attempt the challenge or open the account, while the firm risks the capital they have provided you to trade.

Which prop firm is the cheapest? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

What prop firm has the fastest payout? ›

Fastest Industry Payouts – MyFundedFutures has the fastest payouts in the futures prop trading space which has become more and more important with some of the other futures prop trading firms taking weeks to payout.

How many traders fail prop firm challenge? ›

They're given harsh targets, limited time, no support, and huge leverage – a perfect storm! It's not surprising that 95% of traders fail their challenges!

What is the failure rate of traders? ›

Key Takeaways. Profitable trading is difficult and successful traders share specific rare characteristics. It is estimated that more than 80% of traders fail and quit.

References

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Otha Schamberger

Last Updated:

Views: 6086

Rating: 4.4 / 5 (75 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Otha Schamberger

Birthday: 1999-08-15

Address: Suite 490 606 Hammes Ferry, Carterhaven, IL 62290

Phone: +8557035444877

Job: Forward IT Agent

Hobby: Fishing, Flying, Jewelry making, Digital arts, Sand art, Parkour, tabletop games

Introduction: My name is Otha Schamberger, I am a vast, good, healthy, cheerful, energetic, gorgeous, magnificent person who loves writing and wants to share my knowledge and understanding with you.