Traders do not need to prove

Features of an Instant Account in a Prop Firm

1. No Evaluation Process:

   • Traders do not need to prove their trading skills through a demo challenge or trial period.
   • This option is ideal for experienced traders who want to skip the testing phase.

2. Instant Funding:

   • Traders receive direct access to a funded account upon paying a one-time fee or meeting the firm's criteria.
   • Account sizes can vary (e.g., $10,000, $50,000, $100,000).

3. Profit Sharing:

   • A percentage of the profits (typically 70%-90%) goes to the trader, while the firm retains the rest.
   • Profits are usually withdrawn monthly or based on predefined schedules.

4. Strict Risk Management Rules:

   • Instant accounts often come with tighter risk controls, such as:
     • Maximum daily loss limits.
     • Maximum drawdown restrictions.
     • Position size or leverage limits.

5. Fees:

   • There’s typically a one-time upfront fee for accessing the instant account.
   • The fee can vary based on the account size and firm's policies.

6. Trading Platforms and Tools:

   • Most firms provide access to popular trading platforms (e.g., MetaTrader 4/5, cTrader).
   • Traders can use the firm's tools for analysis and execution.

7. Eligibility:

   • Instant accounts are better suited for experienced traders who are confident in their strategies and risk management.