Instant funded MetaTrader 5 accounts from $2,500 to $500,000, with no evaluation phase
Checked 8 October 2026
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iFunds sells instant funded accounts with no evaluation phase, and says you can trade and receive payouts from day one. Accounts are created on MetaTrader 5. Its help centre lists account sizes from $2,500 to $500,000. There is no daily loss limit; the main rule is a static maximum drawdown, measured from the initial balance, that the trader sets between 6% and 10%. The lower the drawdown you pick, the higher the profit split: 50% at 10%, rising to 80% at 6%.
The Terms describe the service as demo trading: all trading is simulated, and the funds provided are not real. The home page FAQ, by contrast, says traders are assigned a portion of the firm's own capital and trade from its trading pool account. We rely on the Terms, which form the contract. The Terms name iFunds Ltd, registered in Saint Lucia, as the operator and Synerjic Ltd, registered in Cyprus, as its payment agent.
Everything in this review comes from iFunds' own web pages, saved on 7–9 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 80% 1 Firm's wording: “The profit split is up to 80% depending on your selected Maximum Drawdown limit.” |
|---|---|
| Cheapest account | $250 (list price) 1 |
| Account types | Instant funding (no evaluation) 1 |
| Markets | Forex, Crypto, Indices, Commodities, Metals 1 |
| Platforms | MetaTrader 5 1 |
| Allowed / offered on at least one account type |
Rules can differ between account types — check the linked page for the account you want. |
| US traders | Not accepted 12 |
| Restricted countries named | Afghanistan, Iran, Iraq, Israel, Libya, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, United States, Yemen 12 Countries the firm names. Its list may also refer to sanctions lists or other countries — check the linked page. |
Its accounts are instant funded accounts with no evaluation, no profit target and no minimum or maximum number of trading days. The pricing table we saved shows three plans, each at the default setting of a 50% profit split and a 10% maximum overall loss. The site calls the price a program participation fee, not a deposit. The pages we saw do not say whether the fee is charged once or on a recurring basis. The pricing widget also has tabs labelled Advanced and Guru; our capture does not show the plans under them.
| Plan | Account size | Participation fee | Profit split / max loss shown | Leverage shown |
|---|---|---|---|---|
| Intern | $2,500 | $250 | 50% / 10% | 1:100 |
| Starter | $5,000 | $400 | 50% / 10% | 1:100 |
| Ambitious | $10,000 | $700 | 50% / 10% | 1:100 |
The Promotions FAQ names larger plans (Pro, Expert, Master, Dubai, London and New York) and says the Pro plan and above are $25,000 or more. We did not see prices for these plans.
You set the maximum drawdown yourself at registration, and the help centre says this costs no extra fee. It lists four drawdown and profit split combinations:
| Maximum drawdown | Profit split |
|---|---|
| 10% | 50% |
| 8% | 60% |
| 7% | 70% |
| 6% | 80% |
Accepted payment methods include Visa, Mastercard, cryptocurrencies, SEPA bank transfers and local methods such as KoraPay and PIX. The help centre says account credentials arrive immediately after purchase. There is no limit on the number of active funded accounts, but two accounts cannot be merged into one.
Both the help centre and the Terms offer a full refund within 5 days of purchase, provided you have not traded on the account. The Terms list cases with no refund, such as asking to cancel your profile by email or ending the contract by breaking the account rules.
These rules come from the help centre article on instant funding rules and apply to iFunds instant funded accounts.
The home page says leverage is up to 1:100 and changes dynamically based on your Risk Level. The help centre gives leverage per instrument, and its gold figure (1:200) is higher than the home page maximum.
| Instrument | Leverage (help centre) |
|---|---|
| FX majors | 1:100 |
| FX crosses | 1:100 |
| FX exotics | 1:25 |
| Gold | 1:200 |
| Silver | 1:100 |
| Spot indices | 1:100 |
| Futures indices | 1:100 |
| Energies | 1:100 |
| Cryptocurrencies | 1:10 |
If you redeem a bonus code or receive cashback, the maximum drawdown is recalculated on your total money in, including the bonus. In the firm's example, a $10,000 account at 10% with a $1,000 bonus has a disqualification level of $9,900.
The home page lists news trading, weekend holding (with sufficient margin), Expert Advisors, hedging, trade copiers and third-party copy trading among the account's features. The help centre allows your own or third-party EAs, unless they use manipulation such as latency arbitrage HFT or methods its liquidity providers deem abusive. It allows copying trades from external or iFunds accounts with any trade copier, again excluding manipulative techniques such as latency arbitrage. The home page FAQ says you will be disqualified if you hit the maximum loss or use a market manipulation technique such as latency arbitrage.
The Terms list Forbidden Trading Practices. They prohibit:
The Terms let iFunds decide at its own discretion whether a trade or strategy is forbidden. Breaches can mean losing the right to a reward, removal of the trades, cancellation of the account or reduced leverage.
The marketing pages and the Terms may point in different directions here: the home page promotes news trading and weekend holding, while the Terms ban gap trading by opening trades when major news events are scheduled "and" 2 hours or less before a market closes for 2 hours or longer. If you trade around news or close to the weekend, read clause 5 of the Terms first.
Payouts are on demand from day one, with no payout cycles or waiting periods. The minimum is $50 of total profit, which the help centre says means a smallest profit split withdrawal of $25. There is no limit on the number of payouts per day or on the size of a payout. All trades must be closed when you submit a payout request.
On speed, the payouts FAQ says payouts are processed within a few hours, and that if one is not processed within 24 hours you are entitled to 10% compensation, up to $1,000. The payouts page adds a condition: it guarantees processing within 24 hours during business days.
The payouts FAQ says withdrawals go to a cryptocurrency wallet, with Rise Pay described as coming soon. The live feed on the payouts page already lists one payout with Rise as the network. The firm says it cannot take responsibility for transfers lost to a wrong wallet address or network. Under the Terms, you must complete KYC before receiving any reward, and payment provider fees are borne by you.
Clause 6.2 of the Terms sets the reward at a predefined 50% split of the profit, and its drawdown clause shows only a 10% model. This does not match the help centre table of splits up to 80%. We used the help centre for the split table, as it is the more specific page, but the Terms are the contract.
Scaling unlocks once the funded account has a total profit of $50 or more. You can move to one of the next two higher plans by paying the cost difference, from your profit split, topped up with a direct payment if needed. For example, a $10,000 account can move to $25,000 or $50,000. The scaling page mentions a discounted plan fee but does not give the discounted prices. Profit left over after paying the difference is not wiped out and can be withdrawn. The upscaled account comes with new login credentials. The firm says you can go from $2,500 to $500,000 in four steps.
The pages disagree on one point: the help centre says you can change the maximum drawdown and profit split when you scale, while the scaling page says the upscaled account keeps the same maximum drawdown and profit split. Check with the firm before relying on either.
Bonus promo codes add an amount on top of the account's initial balance and are redeemed in the Trader Portal after purchase. One promo code can be used per account, except refer-a-friend bonuses. Refer-a-friend bonuses, issued as bonus promo codes, scale with the plan your friend buys, and both of you need an active funded account. Cashback per closed lot applies to the Pro plan ($25,000) and above: $0 for 0.01–10 lots, $5 per lot for 10.01–200 lots and $10 per lot above 200 lots. Bonus and cashback amounts cannot be withdrawn. The home page also describes a public leaderboard where top traders can let other traders copy their trades for a fee.
All funded accounts are created and traded on MetaTrader 5. The symbols page offers currencies, metals, stock indices, energies and cryptocurrencies, and describes trading as commission-free and swap-free. Its tabs are FX majors, FX minors, cryptocurrencies, metals, spot indices, futures indices and energies. Our capture shows the FX majors tab: seven pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF, NZDUSD), each with a 100,000 contract size, 1% margin and $0 commission. The home page FAQ also lists stocks among tradeable markets; the symbols page we saw lists stock indices but no individual-shares tab.
The Terms name the operator as iFunds Ltd, registered in Saint Lucia (Registration No. 2024-00154), with Synerjic Ltd in Cyprus as its payment agent. The site footer describes its services as professional skill-assessment services, not financial or investment services. The Terms say all trading is simulated. They are governed by the laws of the United Arab Emirates and cap iFunds' liability at USD 3,000 where a court finds it responsible. Complaints go to ops@ifunds.io, and the Terms commit to resolving them within 30 calendar days. The support page gives email and live chat hours of 24/5 and a Cyprus (+357) telephone number.
Restricted countries differ between pages. The Terms list Russia, Iran, Iraq, North Korea, Syria, Afghanistan, Yemen, Libya, Somalia, South Sudan, Israel and the United States. The site footer lists the USA, Iran, North Korea, Israel, Myanmar, South Sudan and Sudan. The help centre gives a shorter list "such as" the USA, North Korea, South Sudan, Sudan and Myanmar. All three exclude US residents.
The home page FAQ also refers to trading "on a challenge or a funded account" and says "taking our challenge is optional", but the help centre says there is no evaluation phase, and we saw no challenge for sale.
iFunds suits traders who want a funded account without an evaluation and are content with a single static drawdown rule and no daily loss limit. The trade-off is the split: 50% at the 10% drawdown, and 80% only if you accept a 6% limit. Traders who use EAs or trade copiers are allowed to, within the manipulation limits above. It does not accept US residents or residents of the other listed countries. News traders should read the gap-trading clause in the Terms before buying.
MyPropGenius Rating:
The rating measures how openly iFunds discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Every footer gives both entities with registration numbers, jurisdictions and registered addresses; the Risk Disclosure says iFunds provides simulated trading services and is not a broker, and the Terms say all trading is simulated. The footer names two companies, but the About page describes the founders only generically and names no founder, owner or team member. Its Terms give clear refund conditions: a full refund within 5 days of purchase if no simulated trading has been done, otherwise no refund on cancellation. Its /payouts page has a live payout feed listing amount, currency, network, request time and transaction time, with records dated 9 and 10 Oct 2026 (the day we checked).
Its Transparency Index score is 59/100 (Mixed). We do not verify payouts or test accounts; this is what the firm’s own pages show.
Check the current rules and prices on the firm's own website before you buy.
We have no commercial relationship with iFunds. Links to its website are not affiliate links.
iFunds sells instant funded MetaTrader 5 accounts, from $250 for the $2,500 Intern plan in our capture, with no evaluation, no daily loss limit and a static maximum drawdown of 6–10% that sets the profit split between 50% and 80%. Payouts are on demand from $50 of profit; the payouts FAQ names cryptocurrency wallets, and the payouts page's live feed also shows a Rise payout. Its Terms ban gap trading by opening trades when major news events are scheduled "and" shortly before a long market closure, which may limit the news trading the home page promotes, and state a 50% split, so read them before buying.
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No. The help centre says iFunds offers instant funded accounts without an evaluation phase, and you can trade and receive payouts from day one.
Our saved pricing table shows $250 for the $2,500 Intern plan, $400 for the $5,000 Starter plan and $700 for the $10,000 Ambitious plan. The site calls this a participation fee, not a deposit.
It depends on the maximum drawdown you choose: 50% at 10%, 60% at 8%, 70% at 7% and 80% at 6%. Note that the Terms state a 50% split.
No. Only the static maximum drawdown applies, calculated from the initial balance.
The payouts FAQ says within a few hours, with 10% compensation up to $1,000 if a payout takes more than 24 hours. The payouts page states the 24-hour guarantee for business days.
No. The Terms, the site footer and the help centre all list the United States as a restricted country.