Introduction
The Instant Mode is designed for traders willing to accept tougher rules to bypass evaluations. To reach a payout, you only need to achieve the consistency score requirement and reach the 3% minimum payout requirement.
This table shows the Instant Mode with Equity Trailing Max Loss key features.
Profit Target | N/A |
Max Loss from | 6% equity trailing |
Max Daily Loss from (EOD Balance) | N/A |
Max Risk (Pip Protector) (soft breach) | 2% |
Min Payout | 3% |
Consistency Score | 20% or less |
Scaling Model | N/A |
Leverage (FX) from | 1:30 |
Profit share from | 70%-99% |
Inactivity Period | 28 days |
Consistency Score
The Consistency Score is your best trading day divided by your total profit, expressed as a percentage.
Consistency Score = Best trading day profit ÷ total profit × 100
Equity Trailing Max Loss
The Equity Trailing Max Loss is a risk management rule used in PipFarm's Instant Program. The Equity Trailing Max Loss is the maximum loss your account can incur before it is breached. The Equity Trailing Max Loss is 6% from your high-watermark equity.
2% Max Risk (Pip Protector)
The Pip Protector (2% Max Risk Limit) protects traders from excessive unrealised loss by automatically closing open positions when unrealised losses exceed 2% of the starting balance.
If your cumulative unrealised loss exceeds 2% of the starting balance from total open positions, all positions will close automatically. If your unrealised losses from a single trade idea exceed 2%, you will be informed of the soft breach on the following day.