FPFX Instant: overview and drawdown rules

An Instant account funds you immediately: there's no evaluation phase, so risk rules apply from your first trade.

• Daily drawdown — 5% (equity-based, static each day): your daily loss limit is 5% of your start-of-day balance. Both closed and floating losses count. Floating profit does not increase your buffer. Breaching this is a hard breach and terminates the account.
• Overall drawdown — 10% (static, equity-based): the maximum loss is 10% of your initial funded equity, fixed from activation. It does not rise as your balance grows — a $100K account's floor stays at $90K even at a $120K balance. Breaching it is a hard breach and closes the account instantly.
• No consistency rule.
• Payouts are bi-weekly, starting from your first trade on the funded stage — see Profit splits and payout schedule.