Account Types | Instant Funding Standard | Educational Instant Funding | Instant Funding Lite |
Daily Drawdown | 8% (Based on previous Day end of day Balance, at 5PM EST Time) | 6% (Based on previous Day end of day Balance, at 5PM EST Time) | 3% (Based on previous Day's end of day Balance, at 5PM EST Time) |
Max Drawdown | 8% of initial account balance from High Water Mark (Trailing) | 6% of initial account balance from High Water Mark (Trailing) | 4% of initial account balance from High Water Mark (Trailing) |
Consistency Rule | No | No | 20% (based on the trading day with the Highest Profit) |
Max Drawdown Locks upon Payout | Yes (Locks at Initial account balance) | Yes (Locks at Initial account balance) | Yes (Locks at Initial account balance) |
Payout Frequency (Included with First Payout) |
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Profit Split |
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Account Size |
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Refundable fee | Not Applicable | Not Applicable | Not Applicable |
Max Allocation | 1 Account at a time ( no matter the size balance) | Can only be purchased 1 time per trader (Need to complete the Trading Course to access this account) | 1 Account of each size ( 6 accounts of different balance) |