Rules checked 7 Nov 2026

Institutional Funding

4 programs and 23 sizes in the Finder, for forex and CFDs on MT5. 1 instant, 3 with an evaluation first. Bots allowed within limits.

Bots limited
Forex & CFD
MT5
70% split

Rank it in the Finder institutional-funding.com (opens in a new tab)

Rank it in the Finder opens the Finder with only this firm's accounts.

Trustpilot: 4.4of 5; 26 reviews, read 7 Nov 2026 · Trustpilot page (opens in a new tab)
Soonest $1,000: Fri 11 Dec; Cash by this date for $1,000 withdrawn: Instant 200K, 22 trading days at $46 a day, within its $1,900 safe daily target.
Most cushion: $50,000max drawdown; Institutional 2-Step 500K, static
Cheapest cushion: $52per $1k drawdown; Institutional 2-Step 500K at $2,600

Programs

Prices with today's code where a program has one. Days and daily goals are the Finder's default answer: as fast as the rules allow, no cushion (drawdown) kept after a payout.

Instant6 sizes · instant
One Step5 sizes · eval first
Institutional 2-Step7 sizes · eval first
Standard 2-Step5 sizes · eval first

Instant (Instant Institutional)

Instant funding, no evaluation · Forex & CFD · 6 sizes

Rules: Official rules

Sizes

Instant (Instant Institutional): sizes and prices
Size	Price	Max drawdown	Daily loss limit	Cushion priceper $1k drawdown	Safe daily target	Paid out at most
10K	$170	$600 trailing, no lock	$300 hard	$283 per $1k	$95	$599 over 1 payout
25K	$290	$1,500 trailing, no lock	$750 hard	$193 per $1k	$238	$1,499 over 1 payout
50K	$490	$3,000 trailing, no lock	$1,500 hard	$163 per $1k	$475	$2,999 over 1 payout
100K	$840	$6,000 trailing, no lock	$3,000 hard	$140 per $1k	$950	$5,999 over 1 payout
150K	$1,100	$9,000 trailing, no lock	$4,500 hard	$122 per $1k	$1,425	$8,999 over 1 payout
200K	$1,450	$12,000 trailing, no lock	$6,000 hard	$121 per $1k	$1,900	$11,999 over 1 payout

How fast each size pays

Cash date for each amount withdrawn (before the split), bought and first traded on Fri 6 Nov 2026; trading days and the daily goal as the Finder ranks them by default.

Instant (Instant Institutional): cash date for $500, $1,000 and $2,000
Size	$500	$1,000	$2,000
10K	Fri 11 Dec22 days · $23 a day	Out of reachon one account	Out of reachon one account
25K	Fri 11 Dec22 days · $23 a day	Fri 11 Dec22 days · $46 a day	Out of reachon one account
50K	Fri 11 Dec22 days · $23 a day	Fri 11 Dec22 days · $46 a day	Fri 11 Dec22 days · $91 a day
100K	Fri 11 Dec22 days · $23 a day	Fri 11 Dec22 days · $46 a day	Fri 11 Dec22 days · $91 a day
150K	Fri 11 Dec22 days · $23 a day	Fri 11 Dec22 days · $46 a day	Fri 11 Dec22 days · $91 a day
200K	Fri 11 Dec22 days · $23 a day	Fri 11 Dec22 days · $46 a day	Fri 11 Dec22 days · $91 a day

within 8 trading days
9 to 15
16 or more
out of reach on one account

Rules and payouts

Type

Instant funding, no evaluation

Bots

Bots limited: EAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.

Platforms

MetaTrader 5

Payouts

First 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%.

Price

One-time; includes any activation fee

Payout goal

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

Cap per payout

10K: $600 a payout
25K: $1,500 a payout
50K: $3,000 a payout
100K: $6,000 a payout
150K: $9,000 a payout
200K: $12,000 a payout

Smallest request

$50

Payout split

70% on every payout

Number of payouts

1, then the account ends or moves on.

Request to cash

2 business days to approve, 2 business days to arrive

Other limits

Leverage 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)

Confidence

Official rules: the firm's own pages

Open points

Now 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

No 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 out

MT5 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.

One Step (Institutional 1-Step)

Evaluation, then Funded · Forex & CFD · 5 sizes

Rules: Official rules

Sizes

One Step (Institutional 1-Step): sizes and prices
Size	Price	Eval target	Max drawdown	Daily loss limit	Cushion priceper $1k drawdown	Safe daily target	Paid out at most
10K	$150	$1,000	$600 static	$400 hard	$250 per $1k	$127	no set limit
25K	$250	$2,500	$1,500 static	$1,000 hard	$167 per $1k	$317	no set limit
50K	$380	$5,000	$3,000 static	$2,000 hard	$127 per $1k	$633	no set limit
100K	$670	$10,000	$6,000 static	$4,000 hard	$112 per $1k	$1,267	no set limit
200K	$1,200	$20,000	$12,000 static	$8,000 hard	$100 per $1k	$2,533	no set limit

How fast each size pays

Cash date for each amount withdrawn (before the split), bought and first traded on Fri 6 Nov 2026; trading days and the daily goal as the Finder ranks them by default.

One Step (Institutional 1-Step): cash date for $500, $1,000 and $2,000
Size	$500	$1,000	$2,000
10Keval $1,000 a day	Fri 18 Dec27 days · Funded $22 a day1 eval, 3 wait, 23 Funded	Wed 20 Jan 202747 days · Funded $24 a day until the first payoutthen $23 a day1 eval, 3 wait, 43 Funded2 payouts	Fri 19 Feb 202769 days · Funded $31 a day1 eval, 3 wait, 65 Funded3 payouts
25Keval $2,500 a day	Fri 18 Dec27 days · Funded $22 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $44 a day1 eval, 3 wait, 23 Funded	Wed 20 Jan 202747 days · Funded $47 a day until the first payoutthen $46 a day1 eval, 3 wait, 43 Funded2 payouts
50Keval $5,000 a day	Fri 18 Dec27 days · Funded $22 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $44 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $87 a day1 eval, 3 wait, 23 Funded
100Keval $10,000 a day	Fri 18 Dec27 days · Funded $22 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $44 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $87 a day1 eval, 3 wait, 23 Funded
200Keval $20,000 a day	Fri 18 Dec27 days · Funded $22 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $44 a day1 eval, 3 wait, 23 Funded	Fri 18 Dec27 days · Funded $87 a day1 eval, 3 wait, 23 Funded

within 8 trading days
9 to 15
16 or more
out of reach on one account

Rules and payouts

Type

Evaluation, then Funded

Bots

Bots limited: EAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.

Platforms

MetaTrader 5

Payouts

First 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%.

Evaluation

10K: Evaluation: $1,000 target, within 365 days; $600 max loss, $400 daily limit (fails it)
25K: Evaluation: $2,500 target, within 365 days; $1,500 max loss, $1,000 daily limit (fails it)
50K: Evaluation: $5,000 target, within 365 days; $3,000 max loss, $2,000 daily limit (fails it)
100K: Evaluation: $10,000 target, within 365 days; $6,000 max loss, $4,000 daily limit (fails it)
200K: Evaluation: $20,000 target, within 365 days; $12,000 max loss, $8,000 daily limit (fails it)

Price

One-time; includes any activation fee

Payout goal

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

Cap per payout

10K: $600 (payout 1), $1,000 (payout 2 on)
25K: $1,500 (payout 1), $2,500 (payout 2 on)
50K: $3,000 (payout 1), $5,000 (payout 2 on)
100K: $6,000 (payout 1), $10,000 (payout 2 on)
200K: $12,000 (payout 1), $20,000 (payout 2 on)

Smallest request

$50

Payout split

70% on every payout

Number of payouts

No set number

Request to cash

2 business days to approve, 2 business days to arrive

Other limits

Leverage 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)

Confidence

Official rules: the firm's own pages

Open points

Now 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

One 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 out

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. Profit above a cycle's cap is forfeited. HFT, arbitrage, tick scalping, copy trading and cross-account hedging are banned.

Two Step (Institutional 2-Step)

Phase 1 and Phase 2, then Funded · Forex & CFD · 7 sizes

Rules: Official rules

Sizes

Two Step (Institutional 2-Step): sizes and prices
Size	Price	Eval target	Max drawdown	Daily loss limit	Cushion priceper $1k drawdown	Safe daily target	Paid out at most
10K	$70	$1,800	$1,000 static	$400 hard	$70 per $1k	$127	no set limit
25K	$150	$4,500	$2,500 static	$1,000 hard	$60 per $1k	$317	no set limit
50K	$285	$9,000	$5,000 static	$2,000 hard	$57 per $1k	$633	no set limit
100K	$540	$18,000	$10,000 static	$4,000 hard	$54 per $1k	$1,267	no set limit
150K	$810	$27,000	$15,000 static	$6,000 hard	$54 per $1k	$1,900	no set limit
200K	$1,050	$36,000	$20,000 static	$8,000 hard	$53 per $1k	$2,533	no set limit
500K	$2,600	$90,000	$50,000 static	$20,000 hard	$52 per $1k	$6,333	no set limit

How fast each size pays

Cash date for each amount withdrawn (before the split), bought and first traded on Fri 6 Nov 2026; trading days and the daily goal as the Finder ranks them by default.

Two Step (Institutional 2-Step): cash date for $500, $1,000 and $2,000
Size	$500	$1,000	$2,000
10Keval $1,000, then $800 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 25 Jan 202750 days · Funded $24 a day2 eval, 6 wait, 42 Funded2 payouts	Tue 23 Feb 202772 days · Funded $32 a day until the first payoutthen $31 a day2 eval, 6 wait, 64 Funded3 payouts
25Keval $2,500, then $2,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 25 Jan 202750 days · Funded $48 a day2 eval, 6 wait, 42 Funded2 payouts
50Keval $5,000, then $4,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded
100Keval $10,000, then $8,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded
150Keval $15,000, then $12,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded
200Keval $20,000, then $16,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded
500Keval $50,000, then $40,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded

within 8 trading days
9 to 15
16 or more
out of reach on one account

Rules and payouts

Type

Phase 1 and Phase 2, then Funded

Bots

Bots limited: EAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.

Platforms

MetaTrader 5

Payouts

First 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%.

Evaluation

10K: 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)
25K: Phase 1: $2,500 target, within 365 days; $2,500 max loss, $1,000 daily limit (fails it); Phase 2: $2,000 target, within 365 days; $2,500 max loss, $1,000 daily limit (fails it)
50K: Phase 1: $5,000 target, within 365 days; $5,000 max loss, $2,000 daily limit (fails it); Phase 2: $4,000 target, within 365 days; $5,000 max loss, $2,000 daily limit (fails it)
100K: Phase 1: $10,000 target, within 365 days; $10,000 max loss, $4,000 daily limit (fails it); Phase 2: $8,000 target, within 365 days; $10,000 max loss, $4,000 daily limit (fails it)
150K: Phase 1: $15,000 target, within 365 days; $15,000 max loss, $6,000 daily limit (fails it); Phase 2: $12,000 target, within 365 days; $15,000 max loss, $6,000 daily limit (fails it)
200K: Phase 1: $20,000 target, within 365 days; $20,000 max loss, $8,000 daily limit (fails it); Phase 2: $16,000 target, within 365 days; $20,000 max loss, $8,000 daily limit (fails it)
500K: Phase 1: $50,000 target, within 365 days; $50,000 max loss, $20,000 daily limit (fails it); Phase 2: $40,000 target, within 365 days; $50,000 max loss, $20,000 daily limit (fails it)

Price

One-time; includes any activation fee

Payout goal

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

Cap per payout

10K: $600 (payout 1), $1,000 (payout 2 on)
25K: $1,500 (payout 1), $2,500 (payout 2 on)
50K: $3,000 (payout 1), $5,000 (payout 2 on)
100K: $6,000 (payout 1), $10,000 (payout 2 on)
150K: $9,000 (payout 1), $15,000 (payout 2 on)
200K: $12,000 (payout 1), $20,000 (payout 2 on)
500K: $30,000 (payout 1), $50,000 (payout 2 on)

Smallest request

$50

Payout split

70% on every payout

Number of payouts

No set number

Request to cash

2 business days to approve, 2 business days to arrive

Other limits

Confidence

Official rules: the firm's own pages

Open points

Now 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

Two 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 out

Two Step (Standard 2-Step)

Phase 1 and Phase 2, then Funded · Forex & CFD · 5 sizes

Rules: Official rules

Sizes

Two Step (Standard 2-Step): sizes and prices
Size	Price	Eval target	Max drawdown	Daily loss limit	Cushion priceper $1k drawdown	Safe daily target	Paid out at most
10K	$100	$1,600	$1,000 static	$500 hard	$100 per $1k	$158	no set limit
25K	$210	$4,000	$2,500 static	$1,250 hard	$84 per $1k	$396	no set limit
50K	$330	$8,000	$5,000 static	$2,500 hard	$66 per $1k	$792	no set limit
100K	$590	$16,000	$10,000 static	$5,000 hard	$59 per $1k	$1,583	no set limit
200K	$1,100	$32,000	$20,000 static	$10,000 hard	$55 per $1k	$3,167	no set limit

How fast each size pays

Cash date for each amount withdrawn (before the split), bought and first traded on Fri 6 Nov 2026; trading days and the daily goal as the Finder ranks them by default.

Two Step (Standard 2-Step): cash date for $500, $1,000 and $2,000
Size	$500	$1,000	$2,000
10Keval $1,000, then $600 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 25 Jan 202750 days · Funded $24 a day2 eval, 6 wait, 42 Funded2 payouts	Tue 23 Feb 202772 days · Funded $32 a day until the first payoutthen $31 a day2 eval, 6 wait, 64 Funded3 payouts
25Keval $2,500, then $1,500 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 25 Jan 202750 days · Funded $48 a day2 eval, 6 wait, 42 Funded2 payouts
50Keval $5,000, then $3,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded
100Keval $10,000, then $6,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded
200Keval $20,000, then $12,000 a day	Mon 28 Dec31 days · Funded $22 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $44 a day2 eval, 6 wait, 23 Funded	Mon 28 Dec31 days · Funded $87 a day2 eval, 6 wait, 23 Funded

within 8 trading days
9 to 15
16 or more
out of reach on one account

Rules and payouts

Type

Phase 1 and Phase 2, then Funded

Bots

Bots limited: EAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.

Platforms

MetaTrader 5

Payouts

First 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%.

Evaluation

10K: 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)
25K: Phase 1: $2,500 target, within 365 days; $2,500 max loss, $1,250 daily limit (fails it); Phase 2: $1,500 target, within 365 days; $2,500 max loss, $1,250 daily limit (fails it)
50K: Phase 1: $5,000 target, within 365 days; $5,000 max loss, $2,500 daily limit (fails it); Phase 2: $3,000 target, within 365 days; $5,000 max loss, $2,500 daily limit (fails it)
100K: Phase 1: $10,000 target, within 365 days; $10,000 max loss, $5,000 daily limit (fails it); Phase 2: $6,000 target, within 365 days; $10,000 max loss, $5,000 daily limit (fails it)
200K: Phase 1: $20,000 target, within 365 days; $20,000 max loss, $10,000 daily limit (fails it); Phase 2: $12,000 target, within 365 days; $20,000 max loss, $10,000 daily limit (fails it)

Price

One-time; includes any activation fee

Payout goal

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

Cap per payout

10K: $600 (payout 1), $1,000 (payout 2 on)
25K: $1,500 (payout 1), $2,500 (payout 2 on)
50K: $3,000 (payout 1), $5,000 (payout 2 on)
100K: $6,000 (payout 1), $10,000 (payout 2 on)
200K: $12,000 (payout 1), $20,000 (payout 2 on)

Smallest request

$50

Payout split

70% on every payout

Number of payouts

No set number

Request to cash

2 business days to approve, 2 business days to arrive

Other limits

Confidence

Official rules: the firm's own pages

Open points

Now 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

Two 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 out

Assumptions

Where a source leaves a rule open, the Finder takes the slower reading. Each program lists what it assumes for every size; a size lists only what it adds. Every payout is requested as early as the rules allow; the request that reaches the amount takes only what it still needs.

Instant (Instant Institutional)

4 assumptions for every size

Every size

Account taken as closing after the first payout (it closes once the 6% cap is paid)
Split taken as 70% (only a 70% to 100% range is stated)
No minimum request stated: $50 assumed
Transfer time after the 2-day payment release not stated: 2 days assumed

One Step (Institutional 1-Step)

6 assumptions for every size

Every size

20% consistency applied to all (Participation Agreement; challenges page: Instant only)
No fixed cap from cycle 3, but capped-off profit is forfeited: 10% a cycle kept
Funded review taken as up to 3 business days (stated for two-phase plans)
Split taken as 70% (only a 70% to 100% range is stated)
No minimum request stated: $50 assumed
Transfer time after the 2-day payment release not stated: 2 days assumed

Two Step (Institutional 2-Step)

5 assumptions for every size

Every size

20% consistency applied to all (Participation Agreement; challenges page: Instant only)
No fixed cap from cycle 3, but capped-off profit is forfeited: 10% a cycle kept
Split taken as 70% (only a 70% to 100% range is stated)
No minimum request stated: $50 assumed
Transfer time after the 2-day payment release not stated: 2 days assumed

Two Step (Standard 2-Step)

5 assumptions for every size

Every size

20% consistency applied to all (Participation Agreement; challenges page: Instant only)
No fixed cap from cycle 3, but capped-off profit is forfeited: 10% a cycle kept
Split taken as 70% (only a 70% to 100% range is stated)
No minimum request stated: $50 assumed
Transfer time after the 2-day payment release not stated: 2 days assumed

The firm's own rules, in brief

Bots. EAs allowed only without prohibited methods and with risk control; HFT, arbitrage, tick scalping and copy trading are banned.
Accounts. Maximum allocation $500,000 per trader or strategy (FAQ).
Copy trading. Copy trading or mirroring external signals or funded accounts prohibited (FAQ).
News. News trading allowed, but from 15 minutes before to at least 15 minutes after high-impact news each trade may risk at most 0.5% of equity with planned reward at most 3x the risk (Participation Agreement 5.12).
Overnight and weekend. No holding restriction published; swap-free; exploiting weekend or market-reopening gaps is prohibited (Participation Agreement 6.2).
Open to traders in Hungary: not stated by the firm.
Trustpilot: 4.4 of 5, 26 reviews, read 7 Nov 2026.
Trust note. Trustpilot 4.4 'Excellent' on 26 reviews (all in the last 12 months), claimed Nov 2025 (paid subscription); no alert or warning; notice 'This company hasn't invited customers recently, so reviews may not be representative'; 1-star 8% (texts not visible).
Trust note. Payout reviews positive: about 24 h to a crypto wallet (Feb 2026), within 48 h (Mar and Jul 2026), every payout within two days (Aug 2026).
Trust note. Watch: small sample, many one-review 'Unprompted' accounts praising the same staff member; operator not named on the homepage (British Virgin Islands per FundedTrading).
Trust note. Rules read on institutional-funding.com on 7 Nov 2026; its llms.txt says 'up to $400K' while the homepage says 'up to $500K'.

Sources

6 sources, 5 official. Each opens in a new tab.

Institutional 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)institutional-funding.com · official
Institutional 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)institutional-funding.com · official
Institutional Funding FAQ (20% consistency in the funded phase, trailing drawdown example, news limits, caps by cycle, $500,000 maximum allocation)institutional-funding.com · official
Institutional 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)institutional-funding.com · official
Institutional Funding Terms of Service (fees non-refundable once traded; 7-day refund window without trades)institutional-funding.com · official
Trustpilot reviews of institutional-funding.comtrustpilot.com · third party

Pays $1,000 as soon, or sooner

Each firm's soonest $1,000 withdrawn from a size with a published price, within its safe daily target where a size allows it; cash date and daily goal at the Finder's defaults. Institutional Funding is Fri 11 Dec.

The5ers Hyper Growth 20KMon 7 Dec · 15 days at $91 a day · 167% of max drawdown in the evaluationBots limited · Forex & CFD · Above its safe daily target Earn2Trade Trader Career Path 50KTue 8 Dec · 12 days at $451 a day · 38% of max drawdown in the evaluationBots unclear · Futures · Above its safe daily target Wall Street Funded Instant Standard 25KWed 9 Dec · 16 days at $125 a day · 8% of max drawdownHand only · Forex & CFD The Concept Trading Instant Funded 10K at $360Thu 10 Dec · 18 days at $67 a day · 22% of max drawdownBots allowed · Forex & CFD