Instant24

Modified on Wed, 20 May at 6:25 PM

You will find all information related to our Instant24 Program on this article.

Time Limit

Your 24-hour window begins from the moment you open your first trade. You must complete all trading activity within this period. After this period, the account will be closed.

Maximum Daily Loss - 2%

Maximum Daily Loss is 2% and is calculated based on the previous day’s end of day (00:00 server time) balance or equity (whichever is higher). Example: If your prior day’s end of day equity was $50,000 you would Hard Breach the Maximum Daily Loss of 2% if your equity the next day fell to below $49,000.

Maximum Total Loss - 3%

The Maximum Total Loss is initially set at 3% of your account’s starting balance and will trail (balance high watermark – 3%) closed balance.

Maximum Open Risk
Your total open exposure — meaning the combined floating loss across one or multiple open positions — must not exceed 1% of your starting balance at any time

If your floating (unrealized) loss goes beyond this level, it will result in a Hard Breach of your account. In addition, if you close and reopen a position in the same direction on the same instrument within 10 minutes, it will still be considered the same trade idea and won’t reset this limit.

Example: If your starting balance is $100,000, your maximum allowable open loss is $1,000 (1%). If you have two open trades with a combined floating loss of $1,200, you would be in violation, as your exposure has reached 1.2% of the starting balance.

Maximum Open Trades

Only one position may be open at any time. If more than one trade is opened, all trades will be automatically closed and this will constitute a Soft Breach.

Minimum Withdrawal

A minimum profit of 3% of the account balance must be achieved before a reward split can be requested.

Withdrawals

Once the 24 hours is completed, if you have following all of the trading objectives and achieved a profit of over 3% of your account's starting balance, you can request your 80% reward split.

Standard reward split is 80% however it can be increased to 95% with an add on.

News Trading

News Trading is Permitted.

Trade Consistency
No single trade can account for more than 15% of your total accumulated profits. This rule exists to ensure your performance reflects genuine, repeatable trading skill rather than a single outsized bet. If your best trade exceeds this threshold relative to total profits, you will not be eligible for a reward.

The trade consistency score is calculated as (Best Trade's Profit / Total Profits) *100.

Example 1: You have reached $10,000 in profit and your best trade's profit is $1,000. Your trade consistency score would be ($1,000 / $10,000) *100 = 10%. Therefore you would be eligible for your reward.

Example 2: You have reached $10,000 in profit and your best trade's profit is $3,000. Your trade consistency score would be ($3,000 / $10,000) *100 = 30%. You would need to bring the total profit in your account to $20,000 to be eligible for the reward.

When opening one position and closing out partials, each close does not represent an individual trade. Instead the total profits generated from all partials will count towards consistency.

Example: You open a 1 lot position, you then close 0.5 lots and then afterwards another 0.5 lots. This is NOT counted as 2 individual trades. The profit from each 0.5 lot trades will be combined and will count towards consistency.

You open 1 lot - You partially close 0.5 lots for $50 profit. You then close the remaining 0.5 lots with $70 profit. This trade has achieved $120 profit and therefore this is what will contribute to your trade consistency score.

Trade Idea Restriction
Opening multiple trades on the same underlying trade idea in order to artificially improve your consistency score or bypass the maximum open risk rule is prohibited. Opening a trade in the same direction and in the same product less than 5 minutes after the previous trade was closed would be classified as the same trade idea. If this behaviour is identified, it is considered a Hard Breach. This rule applies regardless of whether individual positions appear to comply with other parameters in isolation.

Example: You open a buy on XAUUSD, you then close this trade 5 minutes later. You then open another buy trade on XAUUSD less than 5 minutes of closing this first trade - This is deemed as the same trade idea as the symbol, direction and close proximity of trade times is deemed as the same idea.

Stop Losses
We do not require stop losses for both Challenge and Hantec Trader accounts.

Please note: We advise the use of stop losses. In some cases your stop loss may not fill at specified price due to market slippage.

Expert Advisors
We do not allow EA & Robots for Instant24 programs.

Weekend Crypto Trading

All open trades will close automatically at 23:45 server time (15 minutes before market close) on Friday. However after Friday's market close, you can trade in any available crypto market during the weekend.

Add Ons
The following Add Ons are available for Instant24.

95% Reward Share - This increases your split from 80% to 95%.

Scaling
There is no scaling available for Instant24 Programs.

Inactivity - 30 days
At least one trade should be placed every 30 days. If no trade is placed, this will constitute a hard breach and your account will deactivated.