Welcome to the discussion thread for The Instant Funded Trader. This firm is not listed on Propfirmmatch.com, but the forum is open for conversations about it.
Here is the real deal…the juice may not be worth the squeeze:
SECTION 12 - PROHIBITED USES
We reserve the right to terminate your use of the Service or any related website for violating any of the prohibited uses.
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses.
Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
Utilizing non-public and/or insider information
Front-running of trades placed elsewhere
Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
Trading in any way that creates regulatory issues for the BrokerUtilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
Utilizing Martingale or any average-down trading strategies, which are often not indicative of consistently profitable trading practices
Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion
"All-inning” – excessive risk-taking over and over again on one or over the span of multiple accounts
If you have more than one account, you cannot trade separate accounts in opposite positions
Taking more than 50 trades in a single day
If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
Gambling and High-Risk Strategies- Traders must not engage in strategies or behaviors resembling gambling, including but not limited to erratic over-leveraging, relying on chance rather than analysis, or taking trades without a clear risk-management plan.
Use of Trading Pass Services- The use of third-party pass services, hired traders, or any form of outsourced trading during the funded phase is strictly prohibited.
Public or Commercially Available EAs- The use of public, widely available, or off-the-shelf Expert Advisors (EAs) or algorithms is not allowed. Traders are expected to use custom-developed or proprietary strategies.
Trade Copying from External Sources- Copying trades from external services, accounts, or signal providers is prohibited. Traders must execute their own trades independently. You are allowed to copy trade from accounts you own only.
Account Sharing- Funded accounts must be traded solely by the individual to whom the account is assigned. Sharing login credentials or allowing others to trade the account is strictly prohibited.
Exploitation of Platform or Market Glitches- Exploiting platform errors, market manipulation, or any system glitches to gain an unfair advantage is prohibited.
Use of Prohibited Trading Techniques- Certain trading practices that place undue risk on the firm’s capital or systems are prohibited, including but not limited to:
Latency arbitrage.Reverse arbitrage.Flash-crash exploitation
Unethical Trading Practices- Any trading behavior deemed unethical, fraudulent, or inconsistent with the firm’s principles may result in review and violation of the account.
When using our services, you agree to:
Comply with all applicable laws and regulations.
Refrain from using our services to engage in any unlawful, abusive, or fraudulent activity.
Not attempt to manipulate or interfere with our systems, including cheating or violating the challenge rules.
We reserve the right to suspend or terminate your access to the services if you violate these Terms or engage in any conduct that we deem harmful to the Company or other users.