Instant Funding has announced the launch of a new Two-Phase Micro evaluation program, introducing a two-step structure with no minimum trading day requirements and on-demand payout functionality.

What Happened

Instant Funding introduced the Two-Phase Micro program as a new addition to its evaluation offerings. The program follows a traditional two-phase structure while removing minimum trading day requirements and allowing more flexible trading conditions.

What's Changed

New Two-Phase Micro Program

The program introduces the following core structure:

• Two-phase evaluation model
• Profit targets: 8% (Phase 1) and 5% (Phase 2)
• No minimum trading days
• Maximum drawdown: 10% (static)

Payout Structure

• Profit split: 80%, upgradeable to 90%
• Payout type: on-demand

Payout conditions include:

• Minimum payout threshold: 1.5% of starting balance or $25 (whichever is higher)
• Consistency rule: best trading day must not exceed 15% of total profit

Trading Conditions

According to the firm, the program allows:

• News trading
• Weekend holding

Risk Rules

• Maximum risk per trade idea:
  • 2% for accounts ≤ $50,000
  • 1.5% for accounts ≥ $100,000

Effective Date

• April 15, 2026

Why This Matters

The Two-Phase Micro program introduces a variation of the traditional evaluation model with fewer time-based constraints and on-demand payout functionality. The removal of minimum trading days and inclusion of flexible trading conditions represent a structural change compared to standard multi-day evaluation requirements.

Impact on Traders

For traders, the program introduces:

• A two-phase evaluation structure with no minimum trading days
• On-demand payouts with defined eligibility conditions
• Flexible trading conditions, including news trading and weekend holding
• Defined risk-per-trade limits based on account size

Traders considering this program should review the payout conditions and risk limits carefully, particularly the consistency rule and trade idea risk thresholds.

Prop Firm Match Perspective

New program launches like Two-Phase Micro can expand the range of evaluation options available to traders, particularly for those seeking fewer time-based constraints. Traders should review the full program terms and ensure they understand the payout structure, risk limits, and trading conditions before participating.

Prop Firm Match will update its Instant Funding profile to reflect the addition of the Two-Phase Micro program.