One-Phase Micro $10,000
1-PhaseOne-step micro evaluation: 7 percent profit target, 4 percent daily drawdown, 7 percent maximum drawdown and no minimum trading days. Account size grows 25 percent every 90 days on a 10 percent gain, up to double the starting size. News trading and weekend holding are allowed. Payouts on demand.
Position Sizing
Lot sizes are capped per account type. The firm's own worked example: on a $100,000 One-Phase or Two-Phase challenge account the maximum lot size for currency pairs is 40 lots. It publishes no full table, so no cap is stored for the other sizes rather than extrapolating from that one figure.
Time & Holding Restrictions
Trading Style Permissions
News Trading
Major news events, as listed in the firm's Major News Trading Restrictions article.
Automation & Copy Trading
Public third-party Expert Advisors are restricted. Using the same public EA with identical settings as another trader counts as group copying, as does copying trades from another trader either automatically or manually.
Additional Restrictions
Evaluation: not stated. Funded: Best trading day may not exceed 15% of total profit for payouts.
Consistency Rules
Source: https://instantfunding.com/help/one-phase-micro/
Important Rules & Guidelines
Overleveraging: trading beyond the lot-size limit for the account type.
Gambling: risking or losing more than 50 percent of the account's starting daily drawdown in a single trade idea. The firm treats this as a hard breach. A trade idea covers all open positions on one instrument in the same direction, and closing then reopening in the same direction on the same instrument within 10 minutes counts as the same trade idea.
Grid trading: placing buy and sell orders at regular intervals above and below a set price.
Reverse trading and group hedging: opposite positions on the same asset across multiple accounts, or several traders coordinating positions to cut individual exposure.
Group copying and account management: using the same public Expert Advisor with identical settings as another trader, or copying trades from another trader automatically or manually.
Copy trading from accounts that are not the trader's own. Copying between a trader's own accounts is explicitly allowed, including accounts at other prop firms and retail brokers.
Exploiting platform inefficiencies: latency arbitrage, reverse arbitrage, gap trading, toxic order flow, tick scalping and server-execution exploits.
High-frequency trading: holding trades for 60 seconds or less, or an unusually high number of trades per hour.
Improper day padding: where a minimum trading day requirement applies, each trading day must reflect normal trading behaviour.
Martingale is allowed on this account: the firm permits it for all challenges and for Instant Funding Micro and IF1 accounts.