InstantFunding is a Proprietary Trading firm for traders. Gambling is hard to define when trading due to the variety of strategies out there. However, as a proprietary trading firm, our responsibility is capital/risk management. It is our responsibility to protect the firm's capital, and help traders who have passed the challenges and/or trading our Instant Funding accounts correctly. We do not allow gambling or similar high-risk trading behavior.
If Instant Funding suspects a trader is attempting to use our accounts for gambling purposes, we may be forced to take action to protect the firm, such as reducing the leverage, reducing the profit splits, or terminating the trader's account(s).
These actions will only be taken after careful consideration by our risk management team and if the trader's behavior falls within certain prohibited categories, such as, but not limited to, the below examples:
Large quantities of accounts simultaneously. Traders are welcome to take challenges and instant accounts at the same time. Traders are not limited by this. However, if a trader is purchasing many challenges for example, and rolling into the next challenge again and again. Taking large positions, and sacrificing a large number of accounts in a short period of time is not allowed. This is different from taking challenges and passing/failing. This example is based on gambling mentality within the account and going through many accounts in a short time period.
All-In trading. Opening multiple large positions in a row, known as "stacking", can be considered a risky strategy. Layering positions into one instrument increasing the risk with each position added is not allowed due to the high-risk nature of this trading style. Overusing leverage in trading is similar to gambling and can result in a rapid loss in an account's balance/equity. Traders must carefully assess their Maximum Loss limits before engaging in large-scale trading, be it through a single entry or a series of trades (stacking).
We have a strict policy against traders who engage in trading with opposite positions on our platform. This approach goes against our risk management protocols and poses a threat to the integrity of our trading system. Such strategies are unsustainable in the long term and typically result in losses. They involve taking identical levels of risk on opposing sides of a trade using different accounts, which is not acceptable behavior on our platform. Opening single positions with large lots in attempt to 'Jump' through the Profit Target, or 'Recover' an account in drawdown is also not allowed.
We must be strict when it comes to our anti-gambling policy, because of this, from time to time, we may ask traders to retake a challenge without the gambling style.
We now allow "stacking" in the Challenge Phases (Phases 1&2). Please advise stacking will still be monitored on all Instant Funding accounts. Stacking in Challenges will now only result in a warning.
Resetting Your Account
If a trader fails to pass the challenge, they will have the option to reset their evaluation at a discounted price.
If you lose an Instant Funding account you will also be presented with a retry button to restart at a discounted rate.
Please note that program and reset prices are subject to regular evaluation and may change.
Tracking Objectives/Rules
To assist with tracking your Objectives/Rules, you can monitor this all through our Dashboard! - this is our Dashboard where you can take all different types of challenges or set up Instant Funding accounts in seconds!