iFunds FAQ: Your Questions Answered
Short answers below, with a detailed guide for every question. Looking for codes? See the iFunds coupon codes.
What is an instant funding proprietary trading firm? +
It is a firm that provides traders with capital to trade financial markets without the time-consuming evaluation that traditional prop firms require, so access starts immediately.
How does iFunds work? +
Traders are assigned part of iFunds' own capital and trade it through a dedicated account on a third-party platform, using iFunds' proprietary execution technology. Performance is evaluated, and successful traders receive the predefined profit split if they stay within the maximum loss limit and the Terms and Conditions.
What markets can I trade with iFunds? +
Stocks, currencies, metals, energies and cryptocurrencies.
What rules can get me disqualified? +
Hitting the maximum allowed loss (max drawdown), or using market manipulation techniques such as latency arbitrage.
Can I trade from different IP addresses? +
Yes. iFunds states you can trade from different IP addresses, with no stated limit on the number of IPs or locations.
Does iFunds impose a consistency rule? +
No. iFunds considers consistency rules counterproductive and wants traders free to adapt to different market conditions.
Is there a daily drawdown limit? +
No. Only the maximum drawdown applies.
Can I use a trade copier? +
Yes. Trade copiers are allowed without restriction, as long as the copied trades do not involve manipulative techniques.
Can other iFunds clients copy my own trades? +
Yes. Through iFunds' internal copy-trading system, you can charge other traders subscription fees to copy you.
How can I be featured on the Leaderboard? +
You need positive earnings. Traders with positive earnings are featured automatically with a full analysis of their account.
How can I scale my funded account up? +
Once your withdrawable profit reaches the $50 minimum, you can use it to move to the next plan, paying the price difference at a discounted rate.
Can I make multiple subsequent withdrawals? +
Yes. There are no limits. You can withdraw any profit above $50 at any time with no waiting period.
Why is iFunds considered cost and time efficient? +
Taking the challenge is optional. You can start trading right away and receive payouts from day one.
What is the minimum amount for withdrawals? +
How soon will I get my payout? +
Payouts are on demand and processed within 24 hours.
Is AutoTrading allowed? +
Yes. You can use your own Expert Advisor or third-party software.