Kamal Lattai
Founder & Lead Analyst
September 12, 202613 min read
7.8
/10
Overall Score
Based on 5 evaluation criteria
🛡Trust & Reputation7.0
📋Trading Rules7.5
💰Payout Process8.0
💎Value for Money8.5
⚡Platform & Tools8.0
Quick Summary
UK-based prop firm (Acello Ltd) with 7 programs: Instant Funding (no eval), IF Micro, IF1 (24h), One-Phase, One-Phase Micro, Two-Phase, Two-Phase Max. Accounts from $625 to $300K. Up to 95% profit split. Scaling to $3.84M.
01Company Background
Founded in 2022 by Lewis James Mansbridge and co-founded by Will Shearer, Instant Funding operates from London under Acello Ltd (Company No. 12696083). The firm launched publicly in June 2022 and has grown rapidly with their flagship no-evaluation instant funding product. They also operate IF Pro Ltd in Saint Lucia for their funded accounts.
02Challenge Types & Pricing
Instant Funding offers an unusually diverse lineup of 7 programs. The flagship Instant Funding product requires no evaluation with Smart Drawdown (10% that tightens to 5% after profit). IF Micro provides instant funding with static 6% drawdown and news trading allowed. IF1 is a unique 24-hour trading account starting at just $25. One-Phase and One-Phase Micro offer 1-step evaluations, while Two-Phase and Two-Phase Max provide traditional 2-step paths with up to 95% profit split.
03Trading Rules Analysis
Rules vary significantly across programs. Most programs restrict news trading (within 4 minutes of major events) and weekend holding unless add-ons are purchased. IF Micro and One-Phase Micro are the most relaxed with news trading and weekend holding included. Only proprietary (self-built) EAs are allowed; third-party bots are prohibited. HFT (trades under 60 seconds), martingale, and grid trading are banned across all programs.
04Payout Process
Payout timing varies by program. The Instant Funding flagship requires a 14-day wait after the first trade, then allows weekly payouts at 80% split. IF Micro and challenge programs offer on-demand payouts. Two-Phase Max has a unique tiered split: 60% from day 5, 80% from day 14, and 95% from day 28. Payouts are processed via Rise (bank transfer) or crypto (USDC/USDT) with a $25 minimum and 48-hour processing time.
05True Cost Analysis
The IF1 $2K account at $25 is the cheapest entry in the entire prop firm industry. One-Phase Micro at $39 for $10K offers exceptional evaluation value. The flagship Instant Funding product carries a premium but eliminates evaluation risk entirely. The Two-Phase Max at $49 for $10K provides the best long-term value thanks to the 95% profit split tier. Note: fees are non-refundable with no fee-refund-on-first-payout policy.
06Who Should Use Instant Funding?
Instant Funding suits traders who want to skip evaluation entirely with their flagship product or IF Micro. The IF1 24-hour account at $25 is perfect for confident day traders wanting a quick profit opportunity. The Two-Phase Max appeals to patient traders with its industry-leading 95% profit split. The One-Phase Micro offers the best value for evaluation seekers at just $39 for $10K.
07Alternatives
For instant funding without evaluation, consider Funding Pips Zero or Goat Funded Trader. For traditional 2-step challenges, FTMO and FundedNext are established competitors. For budget options, Funding Pips Pro starts at $29. Traders wanting fee refunds should consider Blue Guardian or ThinkCapital which offer refunds on the 3rd-4th payout.
Final Verdict
7.8/10 — Good
PropFirm Key Expert Rating
Instant Funding stands out with its 7-program lineup offering something for every trader profile. The flagship instant funding product and the $25 IF1 account are unique in the industry. The 95% profit split on Two-Phase Max is among the highest available. However, news trading and weekend holding restrictions on most programs require paid add-ons, and the Trustpilot profile has been flagged for review authenticity concerns.