Instant Funding is a well-known prop trading firm from the United Kingdom.
But is Instant Funding a scam?
No, it isn’t!
Our review and experience show that Instant Funding is a safe proprietary trading firm.
Sign up with Instant Funding now!
Necessary: Use code “Funding10” to enjoy an exclusive 10% discount!
You can share your experiences with Instant Funding within our comment section.
Table of Contents
Key Takeaways
- Instant Funding is a legitimate prop trading firm with clear ownership and a physical office presence in the UK. It also partners with one of the most trusted brokers, ThinkMarkets, and has received multiple awards
- Allows to start trading immediately without evaluation and offers up to 90% profit share. There’s also leverage for higher profits
- Our review of Instant Funding covers trading models, USPs, trading rules and guidelines, pros and cons
About Instant Funding
Lewis James Mansbridge and Will Shearer founded the instant funding prop firm in 2020. After a year of testing quietly, it was launched to the public in 2022. Their growth has been explosive since then. A team of just two has ballooned to over 30, resulting in a move to a dedicated London office. In 2023 alone, they’ve rebranded, launched a massive Discord community, and achieved the milestone of 25,000 traders on their platform. Their promotion campaign “HelpingHand,” created to attract forex traders left in the lurch by a competitor’s failures, was a humongous success.
| Name | Instant Funding |
|---|---|
| Website | instantfunding.io – use code “Funding10” for 10% discount |
| Company | Acello Ltd. |
| Address | 13 Bampton Ct, Hursley Rd, Chandler’s Ford, Eastleigh SO53 2TA, United Kingdom |
| CEO | Lewis James Mansbridge, Will Shearer |
| Founder | Lewis James Mansbridge, Will Shearer |
| Founded | 2020 |
| Contact | Live Chat, Mail |
| [email protected] | |
| Phone Number | not available |
| Starting Capital | $1,250 to $200,000 |
| Profit Share | 80% to 90% |
| Evaluation | none |
| Fee | $79 to $3,460 |
| Payment Methods | Credit Card |
| Instruments | CFDs |
| Platform | DXtrade |
| Withdrawals | weekly |
| Languages | English, French, Italian, Spanish, Dutch, Portuguese, German |
They use cutting-edge technology to offer the best trading experience to their users. 80% of their business comes from returning clients, proving that users are loving their platform. On average, they pay more than 300K USD monthly to the traders.
Safety and Regulation
Instant Funding is operated by Acello Limited, which is owned by Lewis James Mansbridge and Will Shearer. The company is officially registered in England and Wales, with a registered office in Eastleigh. It recently moved its headquarters to London. Acello has 30+ employees to operate and help the traders.
The UK-based proprietary trading firm has stringent measures in place to prevent fraud and has been a safe and stable prop firm for users. They have an unblemished history with traders and are known for prompt payouts. The prop firm also has an excellent rating on Trustpilot. Even the characteristically harsh Reddit reviews are primarily positive, as there were hardly any negative reviews.
Accepted Countries
Instant Funding is available in more than 180 countries for prop trading. However, due to sanctions and legislative limitations, the prop firm can’t provide service to certain countries like Afghanistan, North Korea, and Iran. Here’s the list of the most important countries:
- Australia: Yes, registration is possible
- Canada: Yes, registration is possible
- Ghana: Yes, registration is possible
- Hong Kong: Yes, registration is possible
- India: No, registration isn’t possible
- Ireland: Yes, registration is possible
- Kenya: No, registration isn’t possible
- New Zealand: Yes, registration is possible
- Nigeria: Yes, registration is possible
- Pakistan: Yes, registration is possible
- Philippines: Yes, registration is possible
- Singapore: Yes, registration is possible
- South Africa: Yes, registration is possible
- United Kingdom: Yes, registration is possible
- United States: Yes, registration is possible
Evaluation Process
There are three types of funding programs you can get into: Instant Funding, Single-step, and Two-phase. When we used the program, we found that while the instant funding account allows you to trade immediately, the other two types require you to meet a specific profit goal.
Instant Funding Account
From our experience, Instant Funding is a rare company that allows you to trade without any kind of evaluation. So, with their instant funding account, experienced and skilled traders can start trading immediately and begin earning.
You can scale your account up to $1.28 million in funding. The 10% Smart Drawdown provides flexibility in case of market fluctuations. Your profit share initially will be 80%, which can be scaled up to 90%.
| Starting Capital | $1,250 | $2,500 | $5,000 | $10,000 | $20,000 | $40,000 | $80,000 |
|---|---|---|---|---|---|---|---|
| Profit Target | – | – | – | – | – | – | – |
| Maximum Daily Loss | – | – | – | – | – | – | – |
| Maximum Loss | $125 | $250 | $500 | $1,000 | $2,000 | $4,000 | $8,000 |
| Minimum Trading Days | – | – | – | – | – | – | – |
| Fee | $79 | $120 | $225 | $440 | $870 | $1,735 | $3,460 |
| Discount | Check now | Check now | Check now | Check now | Check now | Check now | Check now |
Necessary: Use code “Funding10” to enjoy an exclusive 10% discount!
Single-Phase Evaluation
The One-Phase program also skips the traditional evaluation and gives you instant account access. One-Phase program has a single goal for you: achieve a 10% profit goal on your initial account balance. There’s no time limit for the target. A leverage of 1:100 is available, making it possible to increase earnings and risks. If you are consistently successful at trading, you can scale up to a maximum of 1.6 million USD in funding. The best thing is you get to keep 80% to 90% of your profits.
| Starting Capital | $12,500 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|
| Profit Target | $1,250 | $2,500 | $5,000 | $10,000 | $20,000 |
| Maximum Daily Loss | $375 | $750 | $1,500 | $3,000 | $6,000 |
| Maximum Loss | $1,000 | $2,000 | $4,000 | $8,000 | $16,000 |
| Minimum Trading Days | at least 3 days | at least 3 days | at least 3 days | at least 3 days | at least 3 days |
| Fee | $99 | $149 | $259 | $429 | $857 |
| Discount | Check now | Check now | Check now | Check now | Check now |
Necessary: Use code “Funding10” to enjoy an exclusive 10% discount!
Two-Phase Evaluation
Based on our firsthand experience, there’s no single make-or-break target, as the two-phase instant funding program is split into two phases. Phase 1 requires you to make an 8% profit, followed by a 5% profit goal in Phase 2. There’s no time limit to achieve the profit goal. The leverage is at 1:100, and it will help you to make a significant profit (it can cause loss, too). You can scale your account to a maximum of $1.6 million in funding. The 10% Smart Drawdown gives you the flexibility to take calculated risks. The profit share for you is 80-90%.
| Starting Capital | $12,500 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|
| Profit Target | $1,000 | $2,000 | $4,000 | $8,000 | $16,000 |
| Maximum Daily Loss | $625 | $1,250 | $2,500 | $5,000 | $10,000 |
| Maximum Loss | $1,250 | $2,500 | $5,000 | $10,000 | $20,000 |
| Minimum Trading Days | at least 3 days | at least 3 days | at least 3 days | at least 3 days | at least 3 days |
| Fee | $89 | $189 | $289 | $489 | $977 |
| Discount | Check now | Check now | Check now | Check now | Check now |
Necessary: Use code “Funding10” to enjoy an exclusive 10% discount!
Challenge Trading Rules
You have to follow certain rules in both the evaluation stage and after getting the funded account:
- Profit Target
- Profit Split
- Trading Period
- Minimum Trading Days
- Maximum Daily Loss
- Maximum Loss
- Maximum Position Size
- Maximum Capital Allocation and Multiple Accounts
- Trading Types
- Leverage
- Trading Style
- Trading Hours
- News Trading
- Weekend and Overnight Trading
- Expert Advisor
- Copy Trading
Profit Target
The instant funding account has no profit goal; you can immediately start trading with a funded account. The single phase has a 10% profit goal, no matter the account size. The two-phase breaks down the target into 8% in the first phase and 5% in the second phase. Once you reach the profit goal, you get instant access to the account with real money.
Profit Split
For one-phase and two-phase accounts, you start with an 80:20 profit split. Our findings show that as you continue to make profits and scale your account, you can increase your profit share to 90%. The instant funding acc starts with 80% profit for you, and by trading successfully and scaling up your account, you can increase the profit share to 90%.
Evaluation accounts earn a better starting profit split because you’ve proven your skills. With instant funding accounts, you have yet to prove yourself, so they reduce the risk with a slightly lower initial share.
Trading Period
There’s no maximum trade duration limit, which gives you as much time as you need.
Minimum Trading Days
There are no minimum trading days. You can move on to the next phase and start trading as soon as you reach your profit goal.
Maximum Daily Loss
There is no daily maximum drawdown for the Instant Funding Account. It gives you flexibility but also increases the risk significantly, as you could lose most of your money in a single day. The daily drawdown is set at 3% for single-phase evaluation accounts, while the drawdown for two-phase accounts is set at 5%.
Maximum Loss
Your maximum loss on any Instant Funding account is directly tied to the initial capital you invest. Your maximum loss is capped at 10 percent of your initial capital in this type of account. Single-Phase and Two-Phase Evaluation accounts have higher maximum loss limits, which are equal to the account price. That gives you increased flexibility and freedom to take bigger risks.
Maximum Position Size
There’s no limit to the maximum size, irrespective of what kind of account you’re using.
Maximum Capital Allocation and Multiple Accounts
There’s no limitation on multiple accounts, so you can try different strategies with different accounts. However, there’s a maximum capital allocation of $2.5 million. This is the total combined value of all your Instant Funding accounts. If you’ve scaled multiple accounts, the firm allows you to merge them for convenience.
Trading Types
You can trade all assets available on the platform, such as Forex, Crypto and Commodities.
Leverage
Instant Funding offers the highest leverage (up to 1:100) for currencies. Commodities and indices have lower leverage (up to 1:20), and cryptocurrency has the lowest (up to 1:2) due to its volatility.
Trading Style
Instant funding prohibits certain trading strategies to prevent market manipulation.
Three types of strategies are prohibited:
- Martingale: Doubling down on trades after a loss.
- Grid Trading: Setting buy/sell orders at intervals to profit from market fluctuations.
- High-frequency Trading (HFT): Making lightning-fast trades (under 5 seconds) to profit on tiny price movements.
Trading Hours
The trading hours are 8.00 am to 6.00 pm local UK time, each business day. All open trades should be closed one hour before the market closes. If not, the positions will be automatically closed 30 minutes before the official closing time.
News Trading
There’s no limitation on news trading. However, it might not be wise to do news trading in an instant funding account as there’s a risk of slippage.
Weekend and Overnight Trading
You can do overnight and weekend trading. But for that, you need to activate the option on the dashboard. For weekend trading, the leverage is reduced to 70%.
Expert Advisor
Unlike other prop traders, they have not placed complete restrictions on expert advisors. You can only use expert advisors provided by the firm.
Copy Trading
The prop firm allows copy trading between own accounts. If the accounts are owned buy different individuals, then copy trading is forbidden.
Trading Platforms
You can trade on the DXtrade platform. We’ve used it and had no problem. It has easy-to-use dashboards that anyone can learn quickly.
Trading Instruments
Our team discovered through using this product that these are the trading instruments available to you:
Forex major X:
- EURCAD (Euro vs Canadian Dollar)
- CADJPY (Canadian Dollar vs Japanese Yen)
- CHFJPY (Swiss Franc vs Japanese Yen)
- EURCHF (Euro vs Swiss Franc)
- EURGBP (Euro vs Great British Pound)
- EURJPY (Euro vs Japanese Yen)
- EURUSD (Euro vs US Dollar)
- GBPCAD (Great British Pound vs Canadian Dollar)
- GBPCHF (Great British Pound vs Swiss Franc)
- GBPJPY (Great British Pound vs Japanese Yen)
- GBPUSD (Great British Pound vs US Dollar)
- USDCAD (US Dollar vs Canadian Dollar)
- USDCHF (US Dollar vs Swiss Franc)
- USDJPY (US Dollar vs Japanese Yen)
Forex Minor X:
- AUDCAD (Australian Dollar vs Canadian Dollar)
- AUDCHF (Australian Dollar vs Swiss Franc)
- AUDJPY (Australian Dollar vs Japanese Yen)
- AUDNZD (Australian Dollar vs New Zealand Dollar)
- AUDUSD (Australian Dollar vs US Dollar)
- CADCHF (Canadian Dollar vs Swiss Franc)
- EURAUD (Euro vs Australian Dollar)
- EURNOK (Euro vs Norwegian Krone)
- EURNZD (Euro vs New Zealand Dollar)
- NZDCAD (New Zealand Dollar vs Canadian Dollar)
- NZDCHF (New Zealand Dollar vs Swiss Franc)
- NZDJPY (New Zealand Dollar vs Japanese Yen)
- NZDUSD (New Zealand Dollar vs US Dollar)
- GBPAUD (Great British Pound vs Australian Dollar)
- GBPNZD (Great British Pound vs New Zealand Dollar)
- USDNOK (US Dollar vs Norwegian Krone)
- USDSEK (US Dollar vs Swedish Krona)
- USDSGD (US Dollar vs Singapore Dollar)
Forex Exotic X:
- EURHUF (Euro vs Hungarian Forint)
- USDBRL (Mini Dollar – US Dollar vs Brazilian Real)
- USDCHN (US Dollar vs Chinese Yuan)
- USDHUF (US Dollar vs Hungarian Forint)
- USDMXN (US Dollar vs Mexican Peso)
- USDTRY (US Dollar vs Turkish Lira)
- EURTRY (Euro vs Turkish Lira)
- USDZAR (US Dollar vs South African Rand)
- EURCZK (Euro vs Czech Koruna)
- EURPLN (Euro vs Polish Zloty)
- EURZAR (Euro vs South African Rand)
- GBPZAR (Great British Pound vs South African Rand)
Metals:
- XAGUSD (Silver – US Dollar)
- XAUUSD (Gold – US Dollar)
- XAUEUR (Gold – Euro)
Commodities:
- WTI US Crude Oil (1 Lot = 100 Barrels)
- BRENT Brent Crude Oil (1 Lot = 100 Barrels)
Important indices:
- AUS200 (Australian 200 Index)
- ESTX50 (Euro Stoxx 50 Index)
- FRA40 (French CAC 40 Index)
- GER40 (German DAX 40 Index)
- UK100 (UK 100 FTSE Index)
- JPN225 (Japan Nikkei 225 Index)
- NAS100 (Nasdaq 100 Index)
- SPX500 (US S&P 500 Index)
- US30 (Dow Jones Industrial Average Index)
Secondary indices:
- CHINA50 (China A50 Index)
- HK50 (Hong Kong HS50 Index)
- SPAIN35 (Spain 35 IBEX Index)
- USD INDEX (US Dollar Index)
- VIX (Volatility Index Spot)
- US2000 (Russell Mid Cap 2000 Index)
- TAIEX (FTSE Taiwan RIC Capped Index)
Crypto:
- BTCUSD Bitcoin 1 lot = 1 BTC
- ETHUSD Ethereum 1 lot = 1 ETH
- LTCUSD LiteCoin 1 lot = 1 LTC
- BCHUSD Bitcoin Cash 1 Lot = 1 BCH
We listed Instant Funding as Best Prop Trading Firm without Evaluation and in the Top 5 Prop Trading Firms.
Brokers
The UK-based prop firm works with the renowned broker ThinkMarkets. That adds credibility to the firm as they are working with such a reputable broker.
Other Products
Instant Funding doesn’t offer any trading tools apart from prop trading programs. They don’t sell courses or consultation sessions either. However, they’re very helpful toward new traders and eager to present them with trading opportunities.
Prices and Challenge Fees
The cost for the single-phase and two-phase evaluation are the same.
| Starting Capital | Fee |
| $12,500 | $99 |
| $25,000 | $149 |
| $50,000 | $269 |
| $100,000 | $479 |
| $200,000 | $925 |
For Instant Funding accounts, the costs are:
| Starting Capital | Fee |
| $1,250 | $79 |
| $2,500 | $120 |
| $5,000 | $225 |
| $10,000 | $440 |
| $20,000 | $870 |
| $40,000 | $1,735 |
| $80,000 | $3,460 |
Payment Methods And Payout System
Instant Funding offers a variety of payment options as they accept all major credit cards. As long as your card has the balance or limit, your deposit will be instant.
The first payout takes a little bit longer. You need to wait 14 days after your first trade to request a payout. For the subsequent payouts, you can request payouts after seven days. Instant Payout uses a platform called Rise for payouts. You can get paid via regular bank transfer or crypto (if you choose their Rise option). $25 is the minimum amount you can withdraw at a time. They try to process all payouts within 24 hours, but this isn’t always guaranteed.
Registration and KYC
The registration process is simple and easy to follow:
- Go to Instant Funding’s website, scroll down to the account models, and find the “Start Trading” button
- Click it to begin registration.
- Enter your country, name, email address, and phone number, and create a strong password
- Agree to Instant Funding’s terms and conditions, promotion request (optional), and privacy policy
- Click “Create Account”
- A login window will appear – enter your email and password to access your automated dashboard
- Complete your details and choose your desired account model
- Use the code “Funding10” for a 10% discount when you purchase
The British prop trading company requires identity verification (KYC) for all accounts. For funded accounts, verification is immediate after signup. For single-phase and two-phase accounts, verification can wait until the first payout. However, you should do it right away to avoid delays in receiving your funds.
Discount and Promo Code
Currently, they’re offering a 10% discount on all accounts if you use the promo code “Funding10”. However, the discount amount keeps changing. Apart from this, they’re offering no other discounts or vouchers now.
Free Trial and Demo Account
Instantfunding.io offers no free or demo account for new users to try the platform. If you want to use their program, you must pay for one.
Mobile App
They don’t have any dedicated mobile app right now. However, you can use their website from a mobile browser. Their website is mobile-friendly and really easy to use on smartphones.
Customer Service and Support
From our own experience, they offer excellent customer service and quick responses to queries. The waiting time in live chat is very minimal. It takes only 43 seconds for them to answer your question in their live chat.
They also have a FAQ section, where they have answered the most common questions.
Taxes
Instant Funding isn’t responsible for handling tax on your profits. It’s your duty to report your income and pay taxes according to the laws of your country. Prop trading is considered taxable income in the USA. So, you should talk to a tax consultant regarding tax on your profit. Learn more in our dedicated guide about “Prop Trading Taxes“.
Alternatives to Instant Funding
Here are some good alternatives to Instant Funding for prop trading:
FundedNext
FundedNext offers a great profit split that can go up to 95%. They also allow you to quickly scale your account and earn more profit. The trader community is quite big and helpful as well.
Hero Valley
This one’s a bit exclusive and accepts a maximum of 20 people per month. You can apply for entry to the program, and then it’s up to them to accept you. They have their own trading program and offer great tools and resources to create a multitude of prop trading opportunities for traders.
Topstep
Based in Chicago, Topstep is one of the top trading firms out there for traders globally. They allow you to take the entire first 10000 USD of profit. After that, the profit split is 90/10. Their program also has favorable rules toward traders and is designed in a way to ensure that traders can make a profit.
Conclusion
Instant funding allows you to start trading straight away and earn money. They’ve multiple account options: single-phase, two-phase, or instant funding. The prop firm also offer big leverage, allowing traders to score big wins. In terms of profit, they are quite generous too, as you can get up to 90% of the profit.
There are some trading strategy restrictions, but overall, Instant Funding has relaxed trading rules and offers a lot of flexibility. You also get a good variety of instruments to trade, helpful customer support, and fast payouts.
Sign up with Instant Funding now!
Necessary: Use code “Funding10” to enjoy an exclusive 10% discount!
In short, Instant Funding is a transparent and solid prop firm that tries to meet your every trading needs. If you’re on the fence, Instant Funding is definitely worth trying.
Frequently Asked Questions
Here, we’ll answer the most commonly asked questions about Instant Funding.
Is Instant Funding legit or a scam?
Our investigation demonstrated that Instant Funding is no scam and is a legitimate company. They have been operating for quite some time with thousands of traders and known for reliability in the prop firm industry. For more info about the UK company, check out “About Instant Funding“.
Is Instant Funding regulated?
No, Instant Funding isn’t regulated by the US or any other government as it’s not a brokerage company. That allows them to grow faster without being impeded by the bureaucracy. Check out “Safety and Regulation” to learn more.
What is Instant Funding?
It’s a proprietary trading firm owned and operated by Acello Limited. Learn more from the “About Instant Funding“.
Which broker does Instant Funding work with?
The prop firm works with the reputed UK broker ThinkMarkets. Read all the information in the “Brokers” section.
How many Instant Funding Accounts can I have?
You can have as many funded accounts as you want. However, you can’t exceed the capital of 2.5 million USD. Learn more about the regulation from our “Maximum Capital Allocation and Multiple Accounts” section.
Where is Instant Funding based?
Instant Funding is actually based out of Eastleigh in the UK. However, recently they have moved into new offices in London and made it their new headquarters. Check out “About Instant Funding” and “Safety and Regulation” to learn more about it.
Does Instant Funding allow the use of an Expert Advisor or Copy Trading?
Copy trading is allowed (if both accounts are owned by the same person), and only the expert advisors provided by the firm are allowed. Find more information under “Expert Advisor” and “Copy Trading“.
Is Instant Funding legal in the US?
Yes, Instant Funding is legal in the USA and most of Europe. The prop trading company is available in more than 180 countries. Read more under “Accepted Countries“.
How long has Instant Funding been around?
The UK prop firm has been around since 2020. However, they have grown quite fast in such a short time and have onboarded more than 25000 traders. You can learn about the company figures in the “About Instant Funding” section.
How much does Instant Funding cost?
Instant Funding costs depend on the type of account you choose. The lowest account costs 79 USD. Check out “Prices and Challenge Fees” for full pricing.
How often does Instant Funding pay out?
Instant Funding makes the first payment after 14 days. Then, you can get a payout every week. Check out the “Payment Methods and Payout System” section for more information.
Having more than eight years of trading experience, I know how hard it is to find a good and reliable Prop Trading Firm and not to choose the wrong one. With PropTradingScam.com I want to help you to pick the right one, stay safe, and share your experience.
Hi, I purchased yesterday a instant programm. They sent me details… but account doesn’t exist. Info in the terminal of MT5 was: “INVALID ACCOUNT”. I wrote about it via mail (I sent 3 emails). I didn’t receive any answer to the present moment.
That sounds like a mistake, did the support respond already?
To my knowledge, Instant Funding also does not offer MT5 currently (instead they have Platform 5, DXTrade and cTrader)