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Shark Funded Prime Instant Account

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Written by Shark Funded
Updated this week

The Shark Funded Prime Instant Account is designed for experienced traders who want immediate access to funded capital with no evaluation or challenge phase.

Risk Limits – Shark Funded Prime Instant Account

1% Maximum Floating Loss (Hard Breach)

The Maximum Floating Loss is the maximum loss allowed on open trades only at any moment.

  • Applies to floating (unrealized) losses

  • Calculated based on the initial account balance

  • Breach results in immediate account closure, even if the trade later recovers

Example

  • Account Size: $100,000

  • 1% Floating Loss Limit: $1,000

❌ Floating loss reaches -$1,000 or moreHard Breach
✅ Floating loss stays at -$999 or less → Account remains active


Maximum Daily Loss – 4% (Hard Breach)

The Maximum Daily Loss is the maximum loss allowed in a single trading day.

  • Calculated using the higher of balance or equity

  • Includes closed and floating losses

  • Resets daily at the broker’s server reset time

Example

  • Account Size: $100,000

  • Daily Loss Limit: $4,000

❌ Loss of $4,000 or more in one day → Hard Breach
✅ Loss of $3,999 or less → Account remains active


Maximum Loss – 7% (Hard Breach)

The Maximum Loss is the total loss allowed on the account over its lifetime.

  • Balance or equity must never fall below 93% of the initial balance

  • Includes all closed and floating losses

  • Monitored continuously

Example

  • Account Size: $100,000

  • 7% Max Loss: $7,000

  • Minimum Allowed Equity: $93,000

❌ Equity reaches $93,000 or belowHard Breach
✅ Equity stays above $93,000 → Account remains active

Consistency Score – 15% ( Per Trade )

The Consistency Score measures how evenly your profits are distributed across trades.


This rule is NOT a hard breach and does NOT disqualify the account.

You must achieve at least 15% consistency to become eligible for payouts.


How the Consistency Score Is Calculated

Consistency Score =

(Largest Single Trade Profit​ / Total Account Profit ) * 100


Eligibility Condition

  • 15% or belowPayout Eligible

  • Above 15%Not Payout Eligible (continue trading)

  • (Two positions running or closed together will count as a single trade)

There is no penalty or account breach for failing consistency — you simply need to trade more consistently.


Example

Account Size: $10,000

Trade Profits:

  • Trade 1: $518

  • Trade 2: $497

  • Trade 3: $508

  • Trade 4: $459

  • Trade 5: $492

  • Trade 6: $520Biggest Winning Trade

  • Trade 7: $506

Step 1: Calculate Current Total Account Profit

Add all closed trades (profits and losses, if any):

518+497+508+459+492+520+506=3,500

Current Total Account Profit = $3,500


Step 2: Calculate Maximum Allowable Profit per Trade

3,500×0.15=525

Maximum allowable profit for one trade = $525


Step 3: Calculate Consistency Score

(520÷3,500)×100=14.86%


Result

Consistency Score: 14.86%
Within the 15% limit
Trader is payout eligible

Rewards

Rewards, Consistency & Payout Eligibility

  • Profit Split: 80% to the trader

  • Payout Frequency: Every 7 days

  • First Payout Eligibility: Minimum 7 profitable days required to request payout (0.25 percent profit of your account size will count as a profitable day)

  • Consistency Requirement:

    • Traders must achieve a 15% consistency score (per trade) to be payout eligible

    • Your withdrawl request should always be less than daily drawdown to maintain equity cushion.

Additional Guidelines (Soft Breach)

Soft breaches relate to unhealthy or risky trading behavior. These actions do not immediately close the account, but they may result in warnings, restrictions, or review by the risk team. Repeated or severe violations may lead to further action.

In funded phase and instant accounts , no warning will be given if it is executed , it will be considered as a hard breach.

Toxic Trading Behavior (Soft Breach)

Toxic trading means trading in a careless or unsafe way that cannot be sustained long-term.


It shows poor risk control and can put the account at risk if continued.

This does not immediately close your account, but it may trigger warnings or restriction

  • Ignoring basic risk management

  • Excessive or reckless trading behavior

  • Trading without a clear strategy

  • Emotion-driven decisions


Excessive Risk-Taking / Over-Leveraging

Using risk that is disproportionately high compared to your account size.

  • Using maximum lot size on every trade

  • Opening positions that can wipe out a large portion of the account quickly

  • Relying heavily on leverage instead of proper risk control


Layering

Traders are not allowed to open 3 or more positions and lot size simultaneously without placing a stop loss. This practice , known as "layering trades" is considered a violation of our risk management policies .

This is considered as a soft breach in challenge phases and hard breach in funded phase and instant accounts .

Martingale Trading Policy – FAQ

What is considered a Martingale strategy?
A Martingale or loss-recovery strategy includes increasing lot size or position size after a losing trade within 60 minutes, with the intention of recovering previous losses.

Does timing matter?
Yes. Any increase in position size within 60 minutes of a losing trade may be classified as Martingale behavior, even if the trade is not placed immediately.

Examples of Martingale behavior include:

  • Increasing or doubling lot size within 60 minutes after a losing trade

  • Re-entering the same or similar trade with a larger position within 60 minutes of a loss

  • Progressive lot size increases following consecutive losses in a short time window

  • Any structured attempt to recover losses by increasing risk instead of maintaining consistent risk per trade

What happens if Martingale is used during the Challenge phase?
Use of Martingale strategies during Challenge phases is considered a soft breach and may result in warnings, restrictions, or challenge failure at the firm’s discretion.

What happens if Martingale is used during the Funded phase?
Use of Martingale strategies during Funded phases is strictly prohibited and will be treated as a hard breach, which may lead to immediate account termination.

What is expected instead?
Traders are required to follow consistent risk management, maintaining stable or proportionate risk per trade and avoiding loss-recovery strategies.

Gambling Behavior

Trading that resembles gambling rather than structured decision-making.

  • Random trades without analysis

  • Revenge trading after a loss

  • Overtrading to recover losses

  • Emotion-based entries


Overtrading

Entering too many trades in a short period without a clear strategy.

  • Constantly opening and closing trades without setup confirmation

  • Trading excessively due to impatience or emotional pressure


Tick Scalping

Extremely fast, high-frequency entries and exits designed to capture very small price movements.

  • Opening and closing multiple trades within seconds

  • Exploiting micro price fluctuations

Excessive tick scalping may be restricted due to execution and liquidity risks.


Arbitrage Trading (Restricted)

Arbitrage means opening trades to take advantage of price differences or correlations instead of real market analysis.


It is usually done to reduce or remove risk rather than to trade normally.

This often involves placing opposite or related trades across instruments, accounts, or platforms.

Example : Correlated pair trading

  • Buy EUR/USD

  • Sell GBP/USD (highly correlated pair)

When used to cancel risk instead of normal strategy, this is treated as arbitrage behavior.


Hedging

Hedging means opening opposite or related trades to reduce or cancel market risk instead of managing risk normally.

Traders usually hedge to protect themselves from losses, but when used improperly, it can be considered a soft breach.

Example 1: Opposite trades on the same pair

  • Buy EUR/USD

  • Open a Sell EUR/USD at the same time

This locks the position and removes real exposure to the market.


Trading Behavior

Behavior that shows lack of discipline or structured approach.

  • Trading during illiquid market hours

  • Frequently changing strategy

  • Ignoring risk limits

  • Emotional decision-making

Such behavior may trigger monitoring or restrictions.


One-Sided or Directional Bias Trading

Taking repeated positions in only one direction without proper market justification.

  • Only buying or only selling regardless of market structure

  • Overexposure to one bias

This increases risk and may result in soft-breach action.


Reverse Trading

Taking trades designed to intentionally lose or offset positions elsewhere.

    1. Taking trades designed to intentionally lose or offset positions elsewhere, including actions taken to manipulate overall exposure across accounts or instruments.

    1. Purposely placing losing trades, either to balance risk on another position or to influence account metrics.

    2. Mirroring positions to manipulate exposure, whether on the same account or across related instruments.

    3. Opening offsetting or manipulative trades within a short time window:
      Any trades placed within a 15-minute gap of another position that appear intended to offset, mirror, or neutralize exposure may be classified as manipulative behavior.

News Trading

During the Funded Phase , traders are not allowed to hold or execute trades during news events, unless specific timing conditions are met.

News Trading Restriction Window

  • Trades must NOT be opened or closed within:

    • 10 minutes before a news event

    • 10 minutes after the news event

This creates a 20-minute restricted window around each news release.

This rule applies to all trade types, including:

  • Manual trades

  • Pending orders

  • Stop loss orders

  • Take profit orders

During news speeches, the restriction window extends:

  • 10 minutes before the speech

  • Until 10 minutes after the speech ends

Any trade executed within this restricted window will be considered a violation.

Example

  • High-impact news time: 3:00 PM

  • Restricted window: 2:50 PM – 3:10 PM

❌ Trade opened at 2:55 PMViolation
❌ Trade closed at 3:05 PMViolation

Important Notes

  • All trades are reviewed by the Risk Management Team during phase completion and payouts.

  • Forex Factory is used as the official news calendar.

  • If a violation occurs, the trader is fully responsible, even if it was unintentional.

  • News trading violations may result in account breach or action.


Special Note for Swing Traders

To support swing trading while preventing news gambling:

  • Trades opened at least 5 hours before a high-impact news event are allowed

  • These trades may be closed during the restricted window

  • Profits from these trades will be countedTradable Instruments ,Commission & Leverage

  • This rule is strictly applicable in instant accounts also (Both lite and Prime)

Trading Instruments, Pricing & Leverage

The Shark Funded Prime Instant Account gives traders access to a wide range of global markets with institutional-grade pricing and transparent commissions.

Trade freely across multiple asset classes while operating under clearly defined leverage and cost structures.

Tradable Markets

You can trade the following instruments:

  • Forex

  • Cryptocurrencies

  • Indices

  • Stocks

  • Metals

  • Energies

This broad market access allows for diversified strategies, including intraday, swing, and position trading.


Spreads & Commissions

  • RAW spreads across all instruments

  • $7 commission per standard lot (round turn)

  • Indices and Oil are commission-free

There are no hidden fees — all trading costs are fully transparent.


Leverage (Instant Funding Accounts)

The leverage applied to Prime Instant Accounts is fixed per asset class:

  • Forex: 1:100

  • Metals: 1:30

  • Indices: 1:20

  • Energies: 1:20

  • Crypto: 1:5

Leverage is designed to balance trading flexibility with capital protection.

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