Getting Started With Instant Funding Prop Firm
Have you ever wondered how to break into prop trading but didn’t have the funds to get started? Well look no further than Instant Funding Prop Firm, one of the top prop firms in the game. I first discovered Instant Funding about a year ago when I was feeling frustrated by my lack of trading progress. I had been paper trading for a while but just couldn’t pull the trigger to fund a real account.
That’s when I came across Instant Funding online. At first I was a bit skeptical since it seemed almost too good to be true. How could a prop firm let me trade with their money for such a low cost? After doing some more research, I started to realize this was a great opportunity. Instant Funding has been around for years and has thousands of successful traders. They must be doing something right to still be in business.
Instant Funding Prop Firm Trading Programs
Instant Funding Prop Firmoffers three main trading programs – Instant Funding, One-Phase, and Two-Phase. Instant Funding has no time limits, profit targets, or daily drawdown. You can scale your account up to $1.28 million with 1:100 leverage and keep 70-90% of profits. This is ideal for swing traders who want full flexibility.
One-Phase has a 10% profit target and 3% daily drawdown limit. Accounts scale up to $1.6 million with the same leverage. This targets more active day traders. Two-Phase has two profit targets of 8% then 5% with 4% daily drawdown. It also scales up to $1.6 million. This splits the difference between swing and day trading.
My Experience With the Instant Funding Dashboard
When I first logged into the Instant Funding Prop Firm trader dashboard, I was impressed by how user-friendly and informative it was. Everything was well organized and easy to navigate. I spent a good amount of time exploring the different stats, reports, and educational materials available. It was really cool to see visualizations of my trading performance over time.
The dashboard also integrates directly with the DXtrade platform, so you can trade right from the same interface. This made managing my Instant Funding account very convenient. I loved being able to place trades with a few clicks and see my P/L update in real-time. The dashboard definitely gives you a true feel of trading with a prop firm.
Scaling Up My Instant Funding Account
When I first started with Instant Funding, I went with one of their smaller One-Phase accounts at $12,500. After a few months of consistent profits using their strategies, I decided to scale up. I was impressed by how easy Instant Funding Prop Firm made it to upgrade my account size. I just logged into the dashboard, selected the new size I wanted, and paid the difference – no hassle at all.
Within a few weeks of scaling up, I was able to generate over $10k in profits from my new $50k One-Phase account. Seeing those bigger numbers was really motivating. I’m now working towards reaching the maximum $200k account size with Instant Funding. The ability to scale up over time is a huge advantage their program offers.
Instant Funding’s Community of Traders
One of the best parts about trading with Instant Funding has been getting to connect with other traders in their community. Through the trader dashboard chat feature and Telegram group, I’ve found a great support system. It’s really helpful to exchange trade ideas, discuss strategies, and celebrate wins together.
We also get to see our names in the weekly trader payout reports. This leaderboard aspect is fun and provides extra motivation. I can’t wait until I make it onto the top payout list myself! The community Instant Funding Prop Firm has built is truly unique in prop trading.
My Favorite Trading Strategies
When I first started with Instant Funding, I focused on simple day trading strategies using trend lines and indicators like the MACD. As I’ve scaled up my account, I’ve developed a few favorite strategies that have been very profitable.
One strategy I love is range trading forex pairs like EUR/USD during low volume times. I draw horizontal support and resistance levels and enter trades when the pair bounces sharply off those levels. Another winning approach has been day trading stocks around earnings reports. Analyzing after hours moves the day before earnings allows me to often predict gaps in the right direction at the open.
No matter the market, I find keeping strategies simple yet effective is key. Instant Funding Prop Firm educational resources were also very helpful in strategy development. Being able to backtest new ideas on the dashboard before going live is so valuable.
Continuing To Learn and Improve
While trading with Instant Funding has taken my skills to the next level, I know there is always more to learn in such a complex field. Even as I’ve scaled my account, drawdown periods still remind me of how important risk management is. Through the community chat groups, I’m always picking the brains of more experienced traders on how they avoid costly mistakes.
I also make it a priority to study new strategies presented during Instant Funding Prop Firm weekly webinars. Expanding my toolbox will only help as market conditions change. The educational content and experts Instant Funding provides truly do help traders get better over time. As long as I keep learning and improving risk management, I’m confident the profits will keep growing too.
Final Thought
In my opinion, Instant Funding Prop Firm is the best prop firm out there for traders just getting started in the industry. Their low costs, flexible programs, easy to use dashboard, and supportive community have taken my trading to the next level. I’m excited to continue scaling up my account sizes and skills over the next year.
For anyone else feeling stuck in the demo trading phase, I highly recommend checking out Instant Funding. They gave me the real-world experience I needed to prove my strategies could be profitable. I have no doubt Instant Funding will help many other traders achieve their goals too.