At what point does Instant Funding require KYC, and is identity verification mandatory?
💡 Answer
Is KYC Required at Instant Funding?No
At what stage traders must go through identity verification at Instant Funding?
KYC required before first payout.
Full details on the identity verification process and required documents are available on Instant Funding official website.
More FAQs about Instant Funding
- How does Instant Funding handle different trading styles such as automated trading, news trading, and copy trading?
- Does Instant Funding support refunds, and what payment methods are available?
- What is the payout process at Instant Funding, including withdrawal minimums and processing duration?
- What is the top profit split rate at Instant Funding for funded traders?
- What markets does Instant Funding allow traders to trade across?
- Can you explain the leverage limits at Instant Funding for forex, indices, metals, and cryptocurrency trading?
- Which trading platforms does Instant Funding primarily support, and what broker handles execution?
- How transparent are Instant Funding’s spreads, commissions, and slippage rules?
- What limitations does Instant Funding place on trading strategies, martingale methods, and lot sizing?
- Is the drawdown at Instant Funding static, trailing, or equity-based?
- Are there specific consistency or percentage-based rules at Instant Funding?
- Does Instant Funding offer different program or evaluation models?
- Can you explain the challenge model used by Instant Funding?
- What is the maximum account funding at Instant Funding, and can traders benefit from a scaling plan?
- How many Trustpilot reviews does Instant Funding have, and what is its rating?
- How do the program types at Instant Funding break down?
- How are account limits structured at Instant Funding, including multi-account policies and lot size limits?
- What nationality or country restrictions apply at Instant Funding?
Guides Where Instant Funding Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering Crypto Trading
- Prop Firms Offering FX Leverage of 1:50 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:10 or Higher
- Prop Firms Offering More Than $1.5M in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 5 Years in Operation
- Prop Firms With MT4 Platform
- Top Prop Firms That Accept Clients From Ecuador
These guides include Instant Funding alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Instant Funding vs Hola Prime vs Funded7 - Prop Firm Comparison (June 2026)
Side-by-side comparison of Instant Funding vs Hola Prime vs Funded7. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated June 2026.
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Instant Funding
Instant Funding (operated by Acello Ltd in the UK and IF Pro Ltd in Saint Lucia) is a no-evaluation prop firm offering Instant Funding (smart drawdown), IF Micro, IF1 (24-hour account), One-Phase, One-Phase Micro, Two-Phase, and Two-Phase Max programs. The flagship Instant Funding account has...
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Hola Prime
Hola Prime is a global proprietary trading firm offering Pro and Prime evaluation challenges plus a Direct (instant-funded) account, with multi-platform CFD access (MT4/MT5, cTrader, DXtrade, MatchTrader, TradeLocker), multiple payout-cycle options (including on-demand structures on eligible plans), and a milestone-based...
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Funded7
Funded7 is a Cyprus-based next-generation prop trading firm founded in 2025, offering One-Phase, Two-Phase, Two-Phase NEO, and Instant Funding challenges with account sizes up to $500,000. With trader-friendly rules (no consistency requirements during challenges), static drawdown models, and up to...
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| Overview | |||
| Trustpilot Rating | 0 | 4.5 | 3.6 |
| Trustpilot Reviews | 0 | 1,981 | 75 |
| Headquarters | United Kingdom | Hong Kong | Cyprus |
| Age (Years) | 5 | 2 | 1 |
| Max Funding | $3,840,000 | $4,000,000 | $500,000 |
| Profit Split Start | 80% | 65% | 80% |
| Profit Split Max | 95% | 95% | 90% |
| Platforms | MT4 MT5 cTrader dxTrade TradeLocker | MT4 MT5 cTrader Match-Trader DXtrade TradeLocker | MT5 cTrader |
| Assets | Forex Commodities Metals Indices Cryptocurrencies | FX Commodities Indices Crypto Futures | Forex (43 pairs: 7 Majors 21 Minors 15 Exotics) Indices (14) Precious Metals (Gold Silver Palladium Platinum) Oil (Energy) (USOIL UKOIL) Energies Crypto (BTC ETH LTC SOL BNB BCH XRP) |
| Leverage | |||
| FX Leverage | 100 | 100 | 50 |
| Metals Leverage | 20 | 20 | 10 |
| Crypto Leverage | 2 | 2 | 3 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 2 | Maximum Daily LossHola Prime uses percentage-based daily loss limits that reset daily at 17:00 EST (server time) and are calculated from the previous day’s closing balance (with equity/balance breach checks intraday).1-Step Pro (Challenge + Hola Prime Account): 3% daily loss (previous day closing balance).2-Step Pro (Phase 1/2 + Hola Prime Account): 5% daily loss of the previous day’s closing balance (4% daily loss for $200k accounts).Direct Account (Hola Prime Account): 3% daily loss (previous day closing balance). | Maximum Daily LossFunded7 applies different daily loss limits by challenge type: 4% for One-Phase, and 5% for Two-Phase, Two-Phase NEO, and Instant Funding. The daily loss is calculated from the day's starting equity and includes both closed trades and floating P/L. Breaching this limit results in account failure. |
| Max Total Loss | 10 | Maximum Overall LossOverall loss models vary by program:1-Step Pro: 6% maximum overall loss based on initial balance (static overall loss limit).2-Step Pro: 8% maximum overall loss based on initial balance (static overall loss limit) across phases and on the resulting Hola Prime Account.Direct Account: 5% trailing maximum drawdown from the initial balance, tracking the account’s high watermark until specific locking conditions are met; falling below the trailing line breaches the account. | Maximum LossFunded7 applies different overall loss limits: 8% for One-Phase (static from initial balance), 10% for Two-Phase and Two-Phase NEO (static from initial balance), and 6% for Instant Funding (static). All drawdown calculations are balance-based and include floating P/L. Breaching this limit results in account failure. |
| Drawdown Type | Smart drawdown (Instant Funding) and static drawdown (evaluation accounts) | Drawdown ModelHola Prime combines a dynamic daily loss limit (based on the previous day’s closing balance) with program-specific overall drawdown models.Pro models: Daily loss is dynamic by previous-day close; overall loss is typically a static percentage of initial balance (varies by 1-step vs 2-step).Direct Account: Uses a classic trailing drawdown mechanism (high-watermark tracking). This structure can force tighter profit protection as the trailing threshold rises with new equity highs. | Drawdown ModelFunded7 uses a static (balance-based) drawdown model across all challenge types. The maximum loss limit is fixed from the initial account balance and does not trail with equity. On funded accounts, a High Water Mark applies. Both closed trades and floating P/L are included in calculations. |
| Payouts | |||
| Payout Frequency | Weekly or Bi-Weekly | Payout FrequencyHola Prime offers multiple payout structures depending on the plan selected at checkout and/or the account type.Cycle-based payouts (where offered): Weekly (65% split), Bi-weekly (80% split), and Monthly (95% split). Once chosen, the payout cycle cannot be changed.Bi-weekly/monthly profitability criteria (plan-dependent): Bi-weekly cycles may require a minimum of 3 profitable trading days within a 14-day period; monthly cycles may require 7 profitable trading days within a 30-day period (a profitable day is typically defined as at least 0.5% net... | Payout FrequencyFunded7 traders are eligible for payouts every 7 days from the last withdrawal or account creation date. First payout can be requested after 7 days of funded trading.Note: There is a maximum monthly payout cap of $10,000 per client. Two-Phase NEO accounts can scale this to $12,000 (1.2x) upon reaching the cap. |
| Days to First Payout | 14 | 7 | 7 |
| Payout Processing Time | 2 | Payout ProcessingHola Prime markets “1-hour payouts.” Payout requests are submitted through the client/dashboard flow and are typically processed rapidly once approved; actual arrival time depends on the chosen method (bank wires can take longer than crypto rails even if released quickly by the firm). | Payout ProcessingPayout requests are processed within 1 business day. Withdrawals automatically close all open trades, and the account enters read-only mode until processing is complete. |
| Payout Methods | Bank Transfer Crypto (USDT TRC20/ERC20/BEP20 BTC) | Crypto Bank Wire Rise | Revolut Instant Crypto (ETH/USDC) Bank Transfer |
| Payments | |||
| Payment Methods | Credit/Debit Card Apple Pay Google Pay PayPal Crypto | Credit/Debit Card (Visa Mastercard American Express) PayPal Apple Pay Google Pay Crypto (BTC ETH USDT USDC) Neteller Revolut Pay Stripe Bank Transfer CoinPayments AstroPay | Credit Card PayPal Crypto |
| Trading Permissions | |||
| News Trading | Allowed during evaluation; funded accounts require add-on to trade major news events. | Pro models: News trading is allowed during challenge phases, but funded-stage (Hola Prime Account) trading can be restricted around high-impact news (e.g., no opening/closing/modifying within a defined window such as 5 minutes before/after for affected instruments).Prime models: The firm positions Prime accounts as more flexible for swing/news styles (plan-specific).Direct Account: News trading is not allowed. | News trading is allowed at Funded7. Traders can trade before, during, and after high-impact news releases for all challenge types and funded accounts. However, Funded7 advises trading news responsibly — excessive risk-taking around major releases that breaches daily or total loss limits will still result in account failure. |
| Weekend Trades | Overnight trades allowed; weekend holding requires add-on on funded accounts. | Pro models: Weekend holding is allowed during challenge phases, but funded-stage Pro accounts generally require positions to be closed ahead of weekend market close (auto-closure procedures may apply).Prime models: Prime accounts are marketed as more swing-friendly and can allow weekend holding (plan-specific).Direct Account: Weekend holding is not allowed. | Weekend holding is fully allowed at Funded7. Traders can hold positions over the weekend without restrictions for all challenge types and funded accounts. There are no requirements to close positions before market close. |
| Copy Trading | Allowed only between accounts owned by the same trader. | Copy trading is permitted only between accounts personally owned by the same trader. Copying third-party trades or group trading patterns can be treated as a rule violation. Additionally, identically traded strategies across multiple funded accounts that exceed the firm’s maximum allocation thresholds can result in suspensions. | Copy trading is strictly prohibited at Funded7. This includes automated copy trading services, 'pass my challenge' schemes, signal services, copy-trade platforms, and any trading that results in identical entries across multiple accounts. Reverse copy trading is also banned. |
| EA Allowed | EAs allowed if non-abusive and non-latency based. | Expert Advisors (EAs) and algorithmic trading are permitted in principle, but traders remain responsible for ensuring their automation does not trigger prohibited trading practices, group-trading flags, or allocation-limit breaches (e.g., multiple traders using the same third-party EA settings may be denied/terminated under the firm’s allocation and strategy duplication controls). | EAs are allowed at Funded7, provided the strategy is legitimate and does not exploit system mechanics. However, the following are prohibited: ready-made EAs that result in identical entries for all users, EAs that overload servers with excessive requests, and any automated trading that bypasses the purpose of skill evaluation. |
| KYC & Restrictions | |||
| KYC Required | No | No | No |
| KYC Stage | KYC required before first payout. | KYC is required as part of Hola Prime’s onboarding and risk workflow. Traders may be asked to upload KYC documents and sign agreements during/after passing evaluation (and prior to funded account issuance and/or payouts), with documents and contracts typically handled inside the dashboard “Agreements” flow. | Funded7 requires KYC verification before the first payout. Documents are submitted via email to support. Required documents typically include government-issued ID and proof of address. KYC is not required to purchase a challenge or start trading – only when requesting the first withdrawal. |
| Restricted Countries | Afghanistan Belarus Central African Republic Cuba Democratic Republic of the Congo Eritrea Guinea-Bissau Iran Iraq Lebanon Libya Mali Myanmar North Korea Russia Somalia South Sudan Sudan Syria Yemen Zimbabwe | Afghanistan Belarus Burundi China Cuba Congo Sudan North Korea Yemen | Afghanistan Belarus Cuba Cyprus North Korea Iran Iraq Myanmar Russian Federation Syria Yemen Crimea Donetsk Palestine Palestinian Territory United States Vatican City |
Instant Funding
Hola Prime
Funded7