IF
Institutional Funding
Verified: no warning signs on 7 Nov 2026 Trustpilot 4.4 on 26 reviews, no current warning on its profile, and no pattern of refused or unpaid withdrawals in what we read.
Checked against 6 sources, including the firm’s own pages and its Trustpilot profile, 7 Nov 2026. Best value at Institutional Funding Institutional 2-Step · 500K
2-step · Forex & CFD · one-time fee Price read on the firm’s page, 7 Nov 2026.
2-step · Forex & CFD · one-time fee
$50,000 static$52.00 per $1,000 of drawdown, the lowest at this firm
$2,600.00
4programs · 23 priced sizes
$70.00cheapest account · Institutional 2-Step 10K
$52.00best price per $1K drawdown
#30 of 46on drawdown per $ among forex & cfd firms we list
Every account and price
Pick a price to see its rules.Cheapest third per $1K drawdown in its market and sizeMiddle thirdPriciest third
Program
10K
25K
50K
100K
150K
200K
500K
InstantForex & CFD · trailing
One StepForex & CFD · static
Institutional 2-StepForex & CFD · static
Standard 2-StepForex & CFD · static
Selected account Institutional 2-Step · 50K
$285.00
Grey: your balance. Dashed: where the account closes. Max drawdown$5,000 static. Your loss limit is fixed below the starting balance. Profits never move it. The floor never moves.
Daily loss limit$2,000, hard: breaching it fails the account.
Profit target$5,000 to pass
Profit split70% to you
PlatformsMT5
Bots and EAsBots with conditions
BillingOne-time fee
Price per $1K drawdown, forex & cfd 50K
Get this account → This account$57
Median, 179 accounts$78
Lowest listed$20
Trust check
Our listing bar, checked 7 Nov 2026Trustpilot rating of 4.0 or more
4.4 on 26 reviews
4.4 on 26 reviews
No pattern of unpaid withdrawals
None found in reviews and news we read.
None found in reviews and news we read.
No retroactive rule changes
None found.
None found.
Payout terms written down
Payout rules are published.
Payout rules are published.
Rules published for every program
4 programs, 23 sizes read from its own pages.
4 programs, 23 sizes read from its own pages.
Same size for less
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PIPipcy
Pipcy Classic One-Step · static · $175.05$29.18per $1K drawdown
Pipcy Classic One-Step · static · $175.05$29.18per $1K drawdown
PCPineX Capital
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See the full ranking → 2-Step Challenge · static · $155.44$31.09per $1K drawdown
Every program, in full
Institutional Funding: 4 programs, 23 sizes
The rules as Institutional Funding publishes them on its own pages, read 7 Nov 2026. Open a program to see each size, the evaluation, the funded account, payouts, what the firm leaves unsaid, and the pages we read.
Trustpilot4.4 ★4.4 of 5, 26 reviews, read 7 Nov 2026Read the reviews on Trustpilot
Soonest $1,000 paid outFri 11 DecInstant 200K · 22 days. Modelled by Propsoon from the firm's payout rules, for an account bought on 6 Nov.How each size pays, on Propsoon
The firminstitutional-funding.comForex & CFD · VerifiedOpen to traders in Hungary: not stated by the firmVisit institutional-funding.com
Instant (Instant Institutional)
InstantForex & CFDOne-time fee6 sizesBots with conditionsfrom $170 · best $120.83 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 10K | $170 | $600 trailing, no lock$283.33 per $1K | $300, fails the account | None | 70% | $50 |
| 25K | $290 | $1,500 trailing, no lock$193.33 per $1K | $750, fails the account | None | 70% | $50 |
| 50K | $490 | $3,000 trailing, no lock$163.33 per $1K | $1,500, fails the account | None | 70% | $50 |
| 100K | $840 | $6,000 trailing, no lock$140.00 per $1K | $3,000, fails the account | None | 70% | $50 |
| 150K | $1,100 | $9,000 trailing, no lock$122.22 per $1K | $4,500, fails the account | None | 70% | $50 |
| 200K | $1,450 | $12,000 trailing, no lock$120.83 per $1K | $6,000, fails the account | None | 70% | $50 |
Funded account · 10K sizeMax loss: $600 trailing, no lock. Daily loss: $300, fails the account.
Payouts · 10K sizeFirst payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit. Caps: $600 a payout. Split: 70% on every payout.
Payouts in briefFirst payout 30 days after purchase, after 5 trading days and no day over 20% of profit; up to 6% of the balance, then the account closes; split 70% to 100%.
The rules in fullNo evaluation; funded from purchase. 3% daily and 6% trailing maximum on equity (never moves down, even after withdrawals); 20% consistency; 5 qualifying days per 30-day cycle; first request 30 calendar days after purchase; Eligible Profit capped at 6% of the start per cycle, and the account closes once that maximum is paid; split 70%-100%; 1:30, MT5 netting (official).
Watch outMT5 netting account, no hedging. At most 1.5% of equity at risk per trade, stop-loss required; around high-impact news at most 0.5% and 3:1. Trades must last 60 seconds. The 6% drawdown trails equity and never moves down.
Bots with conditionsEAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.
PlatformsMetaTrader 5
Position limitsLeverage 1:30; MT5 netting account, no hedging; at most 1.5% of equity at risk per trade with a mandatory stop-loss; 60-second minimum hold; around high-impact news at most 0.5% risk and 3:1 reward; HFT, arbitrage, tick scalping and copy trading prohibited (Participation Agreement)
What the firm doesn't sayNow official (challenges, payouts and FAQ pages, Participation Agreement): prices, targets, daily and maximum drawdowns, 365-day phases with no minimum days (purchases from 11 Oct 2026), 1:100 / 1:30 leverage, 5 qualifying days per 30-day cycle (days with meaningful position size; no profit threshold), first request 30 calendar days after the funded account is issued (Instant: after purchase), next request 30 calendar days after the previous one, caps on Eligible Profit of 6% then 10% then none (payouts page), profit above a cycle's cap forfeited for good, 70%-100% split, review and payment release within 2 business days, phase reviews within 1-3 business days, any drawdown breach ends the account. Conflicts read conservatively: the challenges page lists the 20% consistency rule only for Instant, but the Participation Agreement (5.8) applies it to every reward request, so 20% is used for all; the payouts page says the first request needs 5 trading days, the Agreement and challenges page say 30 calendar days, so 30 days is used. Not stated: where the split sits inside 70%-100% (70% used), a minimum request ($50 assumed), transfer time after release (2 business days assumed). Instant: the 6% trailing maximum follows the highest equity and never moves back down, even after withdrawals; once the 6% maximum reward of a cycle is paid the account closes (modelled as closing after the first payout).
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 10K | $600 trailing, no lock | $300, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $600 a payout | 70% on every payout |
| 25K | $1,500 trailing, no lock | $750, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $1,500 a payout | 70% on every payout |
| 50K | $3,000 trailing, no lock | $1,500, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $3,000 a payout | 70% on every payout |
| 100K | $6,000 trailing, no lock | $3,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $6,000 a payout | 70% on every payout |
| 150K | $9,000 trailing, no lock | $4,500, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $9,000 a payout | 70% on every payout |
| 200K | $12,000 trailing, no lock | $6,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $12,000 a payout | 70% on every payout |
Pages we read (5)
- OfficialInstitutional Funding challenges page (four models: prices by size, rules by phase, 5 qualifying days per cycle, first request 30 calendar days after funding or purchase, 6%/10% caps, 2-business-day review and release; read 7 Nov 2026)
- OfficialInstitutional Funding payouts page (cycle 1 6%, cycle 2 10%, no fixed cap from cycle 3; 70%-100% split; 2-business-day commitment with $500 compensation)
- OfficialInstitutional Funding FAQ (20% consistency in the funded phase, trailing drawdown example, news limits, caps by cycle, $500,000 maximum allocation)
- OfficialInstitutional Funding Participation Agreement (4.6.1 phase reviews 1-3 business days; 5.3 1.5% risk per trade; 5.4 stop-loss; 5.5 qualifying days; 5.8 20% consistency; 5.12 news; 5.14 60-second hold; 7.4-7.6 reward timing, caps and forfeit; 7.8.1 2-business-day review and release)
- OfficialInstitutional Funding Terms of Service (fees non-refundable once traded; 7-day refund window without trades)
One Step (Institutional 1-Step)
1-stepForex & CFDOne-time fee5 sizesBots with conditionsfrom $150 · best $100.00 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 10K | $150 | $600 static$250.00 per $1K | $400, fails the account | $1,000 | 70% | $50 |
| 25K | $250 | $1,500 static$166.67 per $1K | $1,000, fails the account | $2,500 | 70% | $50 |
| 50K | $380 | $3,000 static$126.67 per $1K | $2,000, fails the account | $5,000 | 70% | $50 |
| 100K | $670 | $6,000 static$111.67 per $1K | $4,000, fails the account | $10,000 | 70% | $50 |
| 200K | $1,200 | $12,000 static$100.00 per $1K | $8,000, fails the account | $20,000 | 70% | $50 |
Evaluation · 10K size
Evaluation$1,000 target, within 365 days; $600 max loss, $400 daily limit (fails it)
Funded account · 10K sizeMax loss: $600 static. Daily loss: $400, fails the account.
Payouts · 10K sizeFirst payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit. Caps: $600 (payout 1), $1,000 (payout 2 on). Split: 70% on every payout.
Payouts in briefFirst payout 30 days after funding, then every 30 days, each after 5 trading days; best day 20% max; capped at 6%, then 10%, then none (excess forfeited); 70%-100%.
The rules in fullOne phase: 10% target, 4% daily, 6% static maximum, no minimum days, 365 days, 1:100. Funded: same limits at 1:30; 5 qualifying days per 30-day cycle; first request 30 calendar days after the funded account is issued; Eligible Profit capped at 6% then 10% of the start, no fixed cap from cycle 3; capped-off profit forfeited; 20% consistency (Agreement 5.8); split 70%-100% (official).
Watch outAt most 1.5% of equity at risk per trade, stop-loss required; around high-impact news at most 0.5% and 3:1. Trades must last 60 seconds. Profit above a cycle's cap is forfeited. HFT, arbitrage, tick scalping, copy trading and cross-account hedging are banned.
Bots with conditionsEAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.
PlatformsMetaTrader 5
Position limitsLeverage 1:100 in evaluation, 1:30 funded; MT5; at most 1.5% of equity at risk per trade with a mandatory stop-loss; 60-second minimum hold; around high-impact news at most 0.5% risk and 3:1 reward; HFT, arbitrage, tick scalping, copy trading and cross-account hedging prohibited (Participation Agreement)
What the firm doesn't sayNow official (challenges, payouts and FAQ pages, Participation Agreement): prices, targets, daily and maximum drawdowns, 365-day phases with no minimum days (purchases from 11 Oct 2026), 1:100 / 1:30 leverage, 5 qualifying days per 30-day cycle (days with meaningful position size; no profit threshold), first request 30 calendar days after the funded account is issued (Instant: after purchase), next request 30 calendar days after the previous one, caps on Eligible Profit of 6% then 10% then none (payouts page), profit above a cycle's cap forfeited for good, 70%-100% split, review and payment release within 2 business days, phase reviews within 1-3 business days, any drawdown breach ends the account. Conflicts read conservatively: the challenges page lists the 20% consistency rule only for Instant, but the Participation Agreement (5.8) applies it to every reward request, so 20% is used for all; the payouts page says the first request needs 5 trading days, the Agreement and challenges page say 30 calendar days, so 30 days is used. Not stated: where the split sits inside 70%-100% (70% used), a minimum request ($50 assumed), transfer time after release (2 business days assumed). From the third cycle there is no fixed cap, but the model cannot forfeit profit above earlier caps, so cycles 3 on are kept at 10% (conservative).
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 10K | $600 static | $400, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $600 (payout 1), $1,000 (payout 2 on) | 70% on every payout |
| 25K | $1,500 static | $1,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $1,500 (payout 1), $2,500 (payout 2 on) | 70% on every payout |
| 50K | $3,000 static | $2,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $3,000 (payout 1), $5,000 (payout 2 on) | 70% on every payout |
| 100K | $6,000 static | $4,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $6,000 (payout 1), $10,000 (payout 2 on) | 70% on every payout |
| 200K | $12,000 static | $8,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $12,000 (payout 1), $20,000 (payout 2 on) | 70% on every payout |
Pages we read (5)
- OfficialInstitutional Funding challenges page (four models: prices by size, rules by phase, 5 qualifying days per cycle, first request 30 calendar days after funding or purchase, 6%/10% caps, 2-business-day review and release; read 7 Nov 2026)
- OfficialInstitutional Funding payouts page (cycle 1 6%, cycle 2 10%, no fixed cap from cycle 3; 70%-100% split; 2-business-day commitment with $500 compensation)
- OfficialInstitutional Funding FAQ (20% consistency in the funded phase, trailing drawdown example, news limits, caps by cycle, $500,000 maximum allocation)
- OfficialInstitutional Funding Participation Agreement (4.6.1 phase reviews 1-3 business days; 5.3 1.5% risk per trade; 5.4 stop-loss; 5.5 qualifying days; 5.8 20% consistency; 5.12 news; 5.14 60-second hold; 7.4-7.6 reward timing, caps and forfeit; 7.8.1 2-business-day review and release)
- OfficialInstitutional Funding Terms of Service (fees non-refundable once traded; 7-day refund window without trades)
Two Step (Institutional 2-Step)
2-stepForex & CFDOne-time fee7 sizesBots with conditionsfrom $70 · best $52.00 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 10K | $70 | $1,000 static$70.00 per $1K | $400, fails the account | $1,000 | 70% | $50 |
| 25K | $150 | $2,500 static$60.00 per $1K | $1,000, fails the account | $2,500 | 70% | $50 |
| 50K | $285 | $5,000 static$57.00 per $1K | $2,000, fails the account | $5,000 | 70% | $50 |
| 100K | $540 | $10,000 static$54.00 per $1K | $4,000, fails the account | $10,000 | 70% | $50 |
| 150K | $810 | $15,000 static$54.00 per $1K | $6,000, fails the account | $15,000 | 70% | $50 |
| 200K | $1,050 | $20,000 static$52.50 per $1K | $8,000, fails the account | $20,000 | 70% | $50 |
| 500K | $2,600 | $50,000 static$52.00 per $1K | $20,000, fails the account | $50,000 | 70% | $50 |
Evaluation · 10K size
Phase 1$1,000 target, within 365 days; $1,000 max loss, $400 daily limit (fails it)
Phase 2$800 target, within 365 days; $1,000 max loss, $400 daily limit (fails it)
Funded account · 10K sizeMax loss: $1,000 static. Daily loss: $400, fails the account.
Payouts · 10K sizeFirst payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit. Caps: $600 (payout 1), $1,000 (payout 2 on). Split: 70% on every payout.
Payouts in briefFirst payout 30 days after funding, then every 30 days, each after 5 trading days; best day 20% max; capped at 6%, then 10%, then none (excess forfeited); 70%-100%.
The rules in fullTwo phases: 10% then 8% target, 4% daily, 10% static maximum, no minimum days, 365 days each, 1:100. Funded: same limits at 1:30; 5 qualifying days per 30-day cycle; first request 30 calendar days after the funded account is issued; caps 6% then 10% of the start, no fixed cap from cycle 3; capped-off profit forfeited; 20% consistency; split 70%-100% (official).
Watch outAt most 1.5% of equity at risk per trade, stop-loss required; around high-impact news at most 0.5% and 3:1. Trades must last 60 seconds. Profit above a cycle's cap is forfeited. HFT, arbitrage, tick scalping, copy trading and cross-account hedging are banned.
Bots with conditionsEAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.
PlatformsMetaTrader 5
Position limitsLeverage 1:100 in evaluation, 1:30 funded; MT5; at most 1.5% of equity at risk per trade with a mandatory stop-loss; 60-second minimum hold; around high-impact news at most 0.5% risk and 3:1 reward; HFT, arbitrage, tick scalping, copy trading and cross-account hedging prohibited (Participation Agreement)
What the firm doesn't sayNow official (challenges, payouts and FAQ pages, Participation Agreement): prices, targets, daily and maximum drawdowns, 365-day phases with no minimum days (purchases from 11 Oct 2026), 1:100 / 1:30 leverage, 5 qualifying days per 30-day cycle (days with meaningful position size; no profit threshold), first request 30 calendar days after the funded account is issued (Instant: after purchase), next request 30 calendar days after the previous one, caps on Eligible Profit of 6% then 10% then none (payouts page), profit above a cycle's cap forfeited for good, 70%-100% split, review and payment release within 2 business days, phase reviews within 1-3 business days, any drawdown breach ends the account. Conflicts read conservatively: the challenges page lists the 20% consistency rule only for Instant, but the Participation Agreement (5.8) applies it to every reward request, so 20% is used for all; the payouts page says the first request needs 5 trading days, the Agreement and challenges page say 30 calendar days, so 30 days is used. Not stated: where the split sits inside 70%-100% (70% used), a minimum request ($50 assumed), transfer time after release (2 business days assumed). From the third cycle there is no fixed cap, but the model cannot forfeit profit above earlier caps, so cycles 3 on are kept at 10% (conservative).
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 10K | $1,000 static | $400, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $600 (payout 1), $1,000 (payout 2 on) | 70% on every payout |
| 25K | $2,500 static | $1,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $1,500 (payout 1), $2,500 (payout 2 on) | 70% on every payout |
| 50K | $5,000 static | $2,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $3,000 (payout 1), $5,000 (payout 2 on) | 70% on every payout |
| 100K | $10,000 static | $4,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $6,000 (payout 1), $10,000 (payout 2 on) | 70% on every payout |
| 150K | $15,000 static | $6,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $9,000 (payout 1), $15,000 (payout 2 on) | 70% on every payout |
| 200K | $20,000 static | $8,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $12,000 (payout 1), $20,000 (payout 2 on) | 70% on every payout |
| 500K | $50,000 static | $20,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $30,000 (payout 1), $50,000 (payout 2 on) | 70% on every payout |
Pages we read (5)
- OfficialInstitutional Funding challenges page (four models: prices by size, rules by phase, 5 qualifying days per cycle, first request 30 calendar days after funding or purchase, 6%/10% caps, 2-business-day review and release; read 7 Nov 2026)
- OfficialInstitutional Funding payouts page (cycle 1 6%, cycle 2 10%, no fixed cap from cycle 3; 70%-100% split; 2-business-day commitment with $500 compensation)
- OfficialInstitutional Funding FAQ (20% consistency in the funded phase, trailing drawdown example, news limits, caps by cycle, $500,000 maximum allocation)
- OfficialInstitutional Funding Participation Agreement (4.6.1 phase reviews 1-3 business days; 5.3 1.5% risk per trade; 5.4 stop-loss; 5.5 qualifying days; 5.8 20% consistency; 5.12 news; 5.14 60-second hold; 7.4-7.6 reward timing, caps and forfeit; 7.8.1 2-business-day review and release)
- OfficialInstitutional Funding Terms of Service (fees non-refundable once traded; 7-day refund window without trades)
Two Step (Standard 2-Step)
2-stepForex & CFDOne-time fee5 sizesBots with conditionsfrom $100 · best $55.00 per $1K drawdown
| Size | Price | Max drawdown (funded) | Daily loss limit | Target | Split | Smallest payout |
|---|---|---|---|---|---|---|
| 10K | $100 | $1,000 static$100.00 per $1K | $500, fails the account | $1,000 | 70% | $50 |
| 25K | $210 | $2,500 static$84.00 per $1K | $1,250, fails the account | $2,500 | 70% | $50 |
| 50K | $330 | $5,000 static$66.00 per $1K | $2,500, fails the account | $5,000 | 70% | $50 |
| 100K | $590 | $10,000 static$59.00 per $1K | $5,000, fails the account | $10,000 | 70% | $50 |
| 200K | $1,100 | $20,000 static$55.00 per $1K | $10,000, fails the account | $20,000 | 70% | $50 |
Evaluation · 10K size
Phase 1$1,000 target, within 365 days; $1,000 max loss, $500 daily limit (fails it)
Phase 2$600 target, within 365 days; $1,000 max loss, $500 daily limit (fails it)
Funded account · 10K sizeMax loss: $1,000 static. Daily loss: $500, fails the account.
Payouts · 10K sizeFirst payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit. Caps: $600 (payout 1), $1,000 (payout 2 on). Split: 70% on every payout.
Payouts in briefFirst payout 30 days after funding, then every 30 days, each after 5 trading days; best day 20% max; capped at 6%, then 10%, then none (excess forfeited); 70%-100%.
The rules in fullTwo phases: 10% then 6% target, 5% daily, 10% static maximum, no minimum days, 365 days each, 1:100. Funded: same limits at 1:30; 5 qualifying days per 30-day cycle; first request 30 calendar days after the funded account is issued; caps 6% then 10% of the start, no fixed cap from cycle 3; capped-off profit forfeited; 20% consistency; split 70%-100% (official).
Watch outAt most 1.5% of equity at risk per trade, stop-loss required; around high-impact news at most 0.5% and 3:1. Trades must last 60 seconds. Profit above a cycle's cap is forfeited. HFT, arbitrage, tick scalping, copy trading and cross-account hedging are banned.
Bots with conditionsEAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.
PlatformsMetaTrader 5
Position limitsLeverage 1:100 in evaluation, 1:30 funded; MT5; at most 1.5% of equity at risk per trade with a mandatory stop-loss; 60-second minimum hold; around high-impact news at most 0.5% risk and 3:1 reward; HFT, arbitrage, tick scalping, copy trading and cross-account hedging prohibited (Participation Agreement)
What the firm doesn't sayNow official (challenges, payouts and FAQ pages, Participation Agreement): prices, targets, daily and maximum drawdowns, 365-day phases with no minimum days (purchases from 11 Oct 2026), 1:100 / 1:30 leverage, 5 qualifying days per 30-day cycle (days with meaningful position size; no profit threshold), first request 30 calendar days after the funded account is issued (Instant: after purchase), next request 30 calendar days after the previous one, caps on Eligible Profit of 6% then 10% then none (payouts page), profit above a cycle's cap forfeited for good, 70%-100% split, review and payment release within 2 business days, phase reviews within 1-3 business days, any drawdown breach ends the account. Conflicts read conservatively: the challenges page lists the 20% consistency rule only for Instant, but the Participation Agreement (5.8) applies it to every reward request, so 20% is used for all; the payouts page says the first request needs 5 trading days, the Agreement and challenges page say 30 calendar days, so 30 days is used. Not stated: where the split sits inside 70%-100% (70% used), a minimum request ($50 assumed), transfer time after release (2 business days assumed). From the third cycle there is no fixed cap, but the model cannot forfeit profit above earlier caps, so cycles 3 on are kept at 10% (conservative).
Rules for every size
| Size | Max loss | Daily loss | Payout conditions | Caps | Split |
|---|---|---|---|---|---|
| 10K | $1,000 static | $500, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $600 (payout 1), $1,000 (payout 2 on) | 70% on every payout |
| 25K | $2,500 static | $1,250, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $1,500 (payout 1), $2,500 (payout 2 on) | 70% on every payout |
| 50K | $5,000 static | $2,500, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $3,000 (payout 1), $5,000 (payout 2 on) | 70% on every payout |
| 100K | $10,000 static | $5,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $6,000 (payout 1), $10,000 (payout 2 on) | 70% on every payout |
| 200K | $20,000 static | $10,000, fails the account | First payout: after 30 calendar days, 5 trading days, best day at most 20% of the profit, at least $50 a request; Then: every 30 calendar days, 5 trading days, best day at most 20% of the profit | $12,000 (payout 1), $20,000 (payout 2 on) | 70% on every payout |
Pages we read (5)
- OfficialInstitutional Funding challenges page (four models: prices by size, rules by phase, 5 qualifying days per cycle, first request 30 calendar days after funding or purchase, 6%/10% caps, 2-business-day review and release; read 7 Nov 2026)
- OfficialInstitutional Funding payouts page (cycle 1 6%, cycle 2 10%, no fixed cap from cycle 3; 70%-100% split; 2-business-day commitment with $500 compensation)
- OfficialInstitutional Funding FAQ (20% consistency in the funded phase, trailing drawdown example, news limits, caps by cycle, $500,000 maximum allocation)
- OfficialInstitutional Funding Participation Agreement (4.6.1 phase reviews 1-3 business days; 5.3 1.5% risk per trade; 5.4 stop-loss; 5.5 qualifying days; 5.8 20% consistency; 5.12 news; 5.14 60-second hold; 7.4-7.6 reward timing, caps and forfeit; 7.8.1 2-business-day review and release)
- OfficialInstitutional Funding Terms of Service (fees non-refundable once traded; 7-day refund window without trades)
Every page we read for Institutional Funding (5)
- OfficialInstitutional Funding challenges page (four models: prices by size, rules by phase, 5 qualifying days per cycle, first request 30 calendar days after funding or purchase, 6%/10% caps, 2-business-day review and release; read 7 Nov 2026)
- OfficialInstitutional Funding payouts page (cycle 1 6%, cycle 2 10%, no fixed cap from cycle 3; 70%-100% split; 2-business-day commitment with $500 compensation)
- OfficialInstitutional Funding FAQ (20% consistency in the funded phase, trailing drawdown example, news limits, caps by cycle, $500,000 maximum allocation)
- OfficialInstitutional Funding Participation Agreement (4.6.1 phase reviews 1-3 business days; 5.3 1.5% risk per trade; 5.4 stop-loss; 5.5 qualifying days; 5.8 20% consistency; 5.12 news; 5.14 60-second hold; 7.4-7.6 reward timing, caps and forfeit; 7.8.1 2-business-day review and release)
- OfficialInstitutional Funding Terms of Service (fees non-refundable once traded; 7-day refund window without trades)
Rules and prices from the Propsoon rules pack, read on Institutional Funding's own pages on 7 Nov 2026. Firms change rules often: check the checkout page before you buy. Not financial advice.