Based on Trustpilot
iFunds Instant Funding Prop Firm is a Saint Lucia based firm led by CEO Layth Sanjaq, built for traders who want immediate access to capital without challenges or restrictive rules. iFunds offers instant funding, a single max drawdown rule, no daily drawdown or time limits, and fast payouts processed within 24 hours. Focused on transparency, flexibility, and trader freedom, the firm allows seamless scaling, flexible profit splits, and unrestricted trading to support consistent performance in live market conditions.
Conditions
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Assets
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Instant Leverage | Commissions |
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 Forex
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$0 | |
 Gold
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$0 | |
 Indices
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$0 | |
 Crypto
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$0 | |
 Commodities
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$0 |
Rules
Swap fees do not apply on the iFunds platform. Positions can be held overnight or over the weekend without swap charges.
All EAs are allowed on supported platforms. This includes automated strategies, as long as they do not use market manipulation techniques such as latency arbitrage or high-frequency trading (HFT).
News trading is fully allowed with no restrictions. There are no time windows, profit caps, or penalties related to trading around any economic release. For full details on iFunds' news trading rule, check out this page.
Holding positions over the weekend is allowed. Ensure sufficient margin is available to protect the account from potential off-market gaps.
Hedging is allowed. Traders can open opposing positions on the same instrument to protect trades and manage risk effectively.
There are no consistency rules with iFunds. The firm believes consistency rules are counterproductive and gives traders the freedom and flexibility to trade in their preferred style.
iFunds offers instant funding with no evaluation or challenge phases:
iFunds provides instant access to funded accounts in the following sizes:
 Profit Target
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 Daily Drawdown
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 Max Drawdown
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 Profit Split
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iFunds funded accounts are not subject to a daily loss/drawdown limit.
The maximum drawdown (overall loss limit) can be selected by the trader during registration. It ranges from 6% to 10%, and you can set your own Max Drawdown without any extra fees.
The maximum drawdown limit is static and calculated as a percentage of the initial balance of the account.
iFunds supports MetaTrader 5 (MT5), a widely used platform offering advanced trading features, Expert Advisor integration, and powerful analytics.
This section will be updated shortly.
This section will be updated shortly.
You can get 5% off iFunds using code PROPVATOR. This code may expire at any time, so if you're planning to get an account from iFunds, use our code and purchase through our link to get the discount and cashback on your purchase.
Yes. iFunds publishes a read only demo login, so you can open MetaTrader 5 and watch its real spreads, commissions and swaps before paying for anything. The server, login and password are on the iFunds demo account page.
Aggregated trader feedback puts iFunds at 3 out of 5, which reads as mixed. The iFunds trader sentiment page breaks that down into payouts, trading conditions and customer support, and says what sits behind each score.
Each rule has its own guide rather than one long page, so you can read only the one that affects your strategy. The iFunds directory indexes all of them, from news trading and weekend holding to expert advisors, copy trading, drawdown and payouts.
