Trading Rules
Understanding and adhering to our trading rules is crucial for a successful and sustainable trading experience. These rules are designed to protect both the customer and the firm, ensuring fair and responsible trading practices.
General Account Details
Instant Funding Challenge Accounts | One-Phase Challenges | Two-Phase Challenges | Three-Phase Challenges | |
|---|---|---|---|---|
Profit target | No | 10% | 10% and 5% | 8%, 5%, and 5% |
Daily drawdown | – | 3% | 5% | 5% |
Smart Drawdown | 10% | – | – | – |
Static Drawdown | – | 6% | 10% | 10% |
Baseline profit split | 70% | 80% | 80% | 80% |
Scaled profit split | – | 90% | 90% | 90% |
Scaling | Up to $1.28m | Up to 100% of the starting balance | Up to 100% of the starting balance | Up to 100% of the starting balance |
Scale target | 10% | 10% | 10% | 10% |
Time limits | No | No | No | No |
Minimum trading days | – | 3 | 3 | 3 |
Currencies leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 |
Commodities leverage | Up to 1:20 | Up to 1:20 | Up to 1:20 | Up to 1:20 |
Indices leverage | Up to 1:20 | Up to 1:20 | Up to 1:20 | Up to 1:20 |
Crypto leverage | Up to 1:2 | Up to 1:2 | Up to 1:2 | Up to 1:2 |
Currencies leverage on swing trading accounts | Up to 1:30 | Up to 1:30 | Up to 1:30 | Up to 1:30 |
Commodities leverage on swing trading accounts | Up to 1:8 | Up to 1:8 | Up to 1:8 | Up to 1:8 |
Indices leverage on swing trading accounts | Up to 1:10 | Up to 1:10 | Up to 1:10 | Up to 1:10 |
Crypto leverage on swing trading | Up to 1:1 | Up to 1:1 | Up to 1:1 | Up to 1:1 |
Prohibited Strategies
- Martingale: This strategy involves initiating a larger position in either direction to the original one after experiencing a loss or while the initial position remains open.
- Grid Trading: This strategy involves placing buy and sell orders at regular intervals above and below a set price, capturing profits as the market moves up and down through these levels.
- High-frequency trading (HFT): HFT aims to profit from small price movements in the market by placing trades at extremely high speeds. From February 8, we define HFT as holding trades for 5 seconds or less.
Prohibited Practices
- Gambling: This involves excessive use of leverage and risking a large portion of your account on limited trades, for example, using over 50% of your margin on the opening of your positions. This can result in your account being reset.
- Major News Trading: This refers to the manual or automated execution of trades within a specific 8-minute window, starting four minutes before and ending four minutes after a major news event (see list of events). Any profit made during this window may be deducted from your account. In rare cases, the account may need to be reset.
This rule affects only instruments related to the event (for example, EUR news doesn’t restrict you from trading XAU/USD). Additionally, this rule does not prevent you from entering a trade before the 8-minute window, holding it throughout, and closing the trade after this window. The rule doesn’t apply to swing trading accounts and phases one, two, and three of all our challenges. - Copy Trading Between Accounts not Owned by the Same Individual: This involves mirroring trades from any type of our accounts to another. Other kinds of copy trading (between your own accounts, prop firms, retail brokers, etc.) are allowed.
- Usage of Public Third-Party Expert Advisors (EAs), except those provided by Instant Funding.
- Exploiting Inefficiencies of Trading Platforms and Other Practices: This involves exploiting data feeds, including latency arbitrage, reverse arbitrage, gap trading, toxic order flow, account management, tick scalping, and server execution.
Smart Drawdown Rules
- Initial Drawdown: Starts at -10%.
- Drawdown Adjustment: Upon achieving a 5% balance gain, the drawdown updates to -5% of the starting balance.
- Post-Adjustment: The drawdown remains at -5%.
- Scaling Impact: For scaled accounts, drawdown updates to -5% of the new scaled balance, excluding profits.
Trading Instruments
- Major and Minor Currency Pairs
- Major and Minor Indices
- Cryptocurrencies
- Commodities
For a complete list of instruments,
visit the FAQ page
Holding Positions
- Overnight: Permissible, but be cautious of market conditions.
- Over Weekend: Enabled for phases one, two, and three of all our challenges and swing trading accounts (convert your regular account to a swing trading one via this form).
Scaling
For accounts with Smart Drawdown
- Eligibility: Minimum 10% gain on the account.
- Method: Utilize 5% of the account’s starting balance for scaling.
- Scale Speed: x2 (double your account size each time you scale).
- Maximum Allocation: $2,500,000 (with options for increase via a support request).
For accounts with Static Drawdown
- Eligibility: Minimum 10% gain on the account after 90 days.
- Method: Contact support to scale your account after meeting the eligibility criteria.
- Scale Speed: +25% of account size once per 90 days.
- Maximum Allocation: 100% of the starting balance.
Profit Split Scaling
- Rate: You can achieve 90% profit split for One-Phase, Two-Phase, and Three-Phase challenges.
- Condition: Overall gain of 10%, and first trade placed at least 90 days ago.
Payouts
- Initial Payout: Request 14 days after the first trade.
- Subsequent Payouts: Every 7 days after a new trade.
- Platform: Exclusively through Rise.
- Methods: Bank transfer and crypto via Rise.
- Minimum Threshold: $25.
- Processing Time: We aim to process all payouts within 24 hours of request.
Retry
- Discount: 10% off code for your next purchase will be attached to your breach email.
Inactivity
- Maximum Inactivity Period: 60 days.