Are you looking to get funded by a prop firm without going through a long application process? Instant funding is the answer! Instant funding prop firms allow traders to skip the evaluation process, letting you dive straight into trading with a fully funded account. You pay a fee, and you get funded. It’s that simple. If you want the fastest possible way to start making money with a prop firm, instant funding is the way to go.
What is Instant Funding?
Instant funding prop firms are companies that provide traders with immediate access to trading capital. This means that you can start trading with real money without having to wait weeks or months to be approved through a traditional evaluation process.
How Does Instant Funding Work?
To get funded by an instant funding prop firm, you will typically need to pay a fee and complete a short application. Once approved, the firm will deposit the trading capital into your account. You will then be able to trade with this money as if it were your own. However, you will need to adhere to the firm’s profit-sharing rules and risk management guidelines.
What are The Benefits and Risks of Instant Funding?
Instant funding prop firms offer a clear advantage, you can start trading with real money much faster compared to traditional prop firms with lengthy evaluations. This eliminates the need to risk your own capital right away, and potentially grants you access to a larger trading account than you could manage on your own.
However, there are downsides to consider. You’ll need to pay a fee upfront to get funded. Prop firms also have profit-sharing rules and risk management guidelines you must follow. If your performance doesn’t meet their requirements, you could lose the initial funding.
Best Instant Funding Prop Firms in 2024
Now that you understand about instant funding prop firms, let’s dive into the top options for 2024!
1. Instantfunding.io
Instantfunding.io, a rising star in the world of instant funding prop firms. This UK-based company has quickly gained popularity among traders seeking a cost-effective way to access a fully funded account.
Why Instantfunding.io Stands Out:
Affordable Entry Point
Instantfunding.io’s accounts start at only $79, making them some of the most affordable options in the market. This allows you to begin your prop firm journey without having to pay a lot of money in the beginning.
Large Account Sizes
Whether you’re a new trader taking your first steps or a pro looking to expand, Instantfunding.io has something for you. Their programs are designed to accommodate your needs, with account sizes reaching a maximum of $80,000, allowing you to scale up your trading as you progress.
High Starting Profit Split
Good news for beginners! Instantfunding.io offers a sweet starting profit split of 70% that can climb all the way to 90% as your skills grow. This program truly rewards strong performance and motivates you to become a successful trader.
Flexible Programs
Instantfunding.io also provides one-phase and two-phase programs, catering to a wide range of trading styles and preferences.
Transparent Payouts
They prioritise transparency in payouts. Successful traders can receive their earnings via crypto or bank transfer, with withdrawals starting at $25. Most payouts are processed within 48 business hours, and some even on the same day.
Wide Range of Tradable Instruments
They also offer a wide range of tradable instruments, including currency pairs, indices, commodities, and even popular cryptos. This provides you with diverse opportunities to put your trading skills to the test.
Award-Winning Excellence
Instantfunding.io has been recognized by prestigious publications like International Business Magazine (awarding them “Best Funded Trader Programs and Accounts UK 2024”) and Global Brand Magazine (“Fastest Growing Firm 2023”).
2. FundYourFX
FundYourFX empowers you to become a master of the forex market. Ditch the restrictions and develop your own winning strategies. Trade freely across any timeframe, capitalize on news events, and even hold positions overnight. They provide real money, real opportunities, and up to $2 million in funding to fuel your forex trading journey. It’s win-win trading, plain and simple.
Why FundYourFX Stands Out:
Trade Your Way
Forget restrictive prop firms. FundYourFX lets you develop your own strategies and trade freely across any timeframe. News events, hedging, and overnight positions are all on the table. Plus, they allow the use of your own automated trading strategies (Expert Advisors) for added control.
Weekly Profit Boosts
Hit your 10% profit target while respecting their guidelines, and get rewarded with up to 90% of your earnings deposited directly into your preferred payment method. It’s a win-win every week.
Focus on Growth, Not Risk
Trade with confidence knowing your own capital is never at stake. Demonstrate consistent results, and they’ll reward you with a progressively larger account to manage.
Real Money, Real Results
You can jump right in with a real trading account, because FundYourFX lets you test your skills in the real market from day one. This is the best way to see how you handle the pressure and track your progress as a trader.
Scale Up to Millions
Their program is designed to incentivize your growth. Once you achieve your first profit split, your account size can steadily climb towards a staggering $2 million.
Transparent Fees
The one-time setup fee varies depending on the chosen plan (Starter $270 / Standard $375 / Professional $697) and covers account setup, licenses, administration, and their risk management software. Notably, this fee is refundable after your third successful 10% profit split.
3. The5%ers
The 5%ers, a leading and trusted prop firm from Israel, is here to make that dream a reality. Their innovative Hyper Growth Program stands out as a one-stop shop for aspiring traders, offering instant funding to kickstart your trading journey.
Why The5%ers Stands Out:
Instant Access to Real Money
Skip the wait and jump right into real forex trading. The program offers instant funding for accounts ranging from $10,000 to $40,000, allowing you to put your skills to the test immediately.
Account Growth Potential
Every time you hit a profit target, your account size can double, all the way up to $4 million. This program rewards your achievements and fuels your potential for significant financial gains.
Performance-Based Profit Sharing
The 5%ers operate on a tiered profit-sharing model, where your share of the profits increases with your performance up to 100%. The more successful you are as a trader, the more you get to keep!
Flexible Trading Environment
Unleash your unique trading style without limitations. Explore diverse markets beyond forex, including metals, indices, and even cryptocurrencies. The program accommodates news trading strategies (with some restrictions) and allows holding positions over weekends.
Minimal Activity Requirements & Fast Rewards
Focus on quality trades, not just volume. There are no minimum trade requirements to hinder your progress, but maintaining some activity within a 21-day period ensures your account remains active. You can withdraw your profits after achieving the first target, followed by regular payouts every two weeks to keep you motivated.
Transparent Fees & Scalable Growth
The program’s fees are clear and consist of one-time setup costs based on your chosen initial account size ($260, $450, or $850). As your account grows, there are no additional recurring charges, ensuring transparency and cost-effectiveness for long-term success.
Bonus Incentives
The program offers additional bonuses on top of your profit share, with the amount increasing as you progress through the tiers (from $15 to $50). These bonuses reward your success and acknowledge your milestones.
