What if I offered you a fully funded futures trading account with a $15,000 balance, and said you get to keep 100% of your profits?
You'd probably ask, "What's the catch? I give you $14,000?"
But say there wasn't a catch. And there was no test to pass. Just sign up, pay $799, and start trading, with $15,000 in drawdown.
Would you take that deal?
To be clear, I'm not offering this...I'm not a prop firm. But the top company featured in this article is. And I would take that deal (I did) - More later on why.
What's an Instant Funding Prop Firm
Most online prop firms make you pass a test to earn a funded account.
Instant funding prop firms cut out that test. You pay the one-time fee and shoot your shot for profits you can withdraw in cash. They still have some rules, but no hoops to jump through before you can hope to earn something real from your effort.
Until recently, only forex firms offered instant-funded prop accounts. But, forex sucks compared to futures, and the pricing doesn't work.
For example: The cheapest instant funding prop firms in forex offer something like a $1000 drawdown for $900. It's not worth it. You're only getting an extra ~10% to trade with, if that. At that rate, it makes more sense to trade your own money and take your profits whenever you want.
But, a new player has entered the arena and changed the game.
Finally, an Instant Funded Prop Firm Worth Using
More than worth using, it blows all the other instant-funded prop firms out of the water. This might even make you say goodbye to all the evaluation prop firms.
That deal I talked about earlier? That's their standard offer on their biggest account.
Register. Pay. Get your login and trade...And you can withdraw profits as early as 5 days.
Fast Track Trading - Best Value in Instant Access Prop Firms
Without further ado, let's get to the nitty gritty details of this instant prop firm. Fast Track Trading has really set themselves apart from the rest with this service. It's the only instant-funded futures prop firm I'm aware of, and the pricing is great for what you get.
What's So Great About it?
- Funded from Day 1. NO evaluation
- 1:1 Target/Drawdown ratio on every plan
- EOD Drawdowns
Size | One Time Cost | Drawdown (EOD) | Profit Target (to withdrawal) |
---|---|---|---|
25k | $179 | $1,250 | $1,250 |
50k | $449 | $2,500 | $2,500 |
150k | $599 | $7,500 | $7,500 |
300k | $799 | $15,000 | $15,000 |
These numbers in the chart above, alone, should make it clear that this is a great opportunity.
The 150K account gives you instant access to funding, with a drawdown 12.52x the amount you paid for the account.
The $300K account gives you 18.77x the amount you paid, in drawdown.
And because it's 1:1, you don't have some unattainable profit target in order to get paid.
With other firms...
You'd still be trying to pass the eval.
Let's use another firm's 150k EOD account for example:
You'd pay $149/mo, at a discounted rate. $375 normal price.
And you'd have to make $9,000, not $7,500. But that's just to pass. With a bunch of rules.
But let's assume you pass in a few days, so you only pay the first monthly subscription fee.
But then you have to pay the activation fee - an amount some firms hide until it's time to pay.
Another $149 out of your pocket.
Then you have to trade again to build up the buffer (another $9,000, while following a scaling plan). But you still can't withdraw yet.
You have to profit above that so you can withdraw. Let's say you want to withdraw $500. So you have to get to $10,000 in profit.
You've now made $19,000 in trading profits. And you can only withdraw $500.
With Fast track, you could have withdrawn $3,000 once you hit $7,500. Then another $3,000 after another 10 days (no other requirement than maintaining the balance and consistency).
$6,000 withdrawn with FTT vs $500 with the other firm. And you'd still have $13,000 in withdrawable profits.
There's almost no comparison, it's that much better.
You can check out fast track trading here, or see the current best deal on the Fast Track Trading Discount page
But there's still more...
- NO commissions until you get to Live Brokerage
- 100% profit split until you get to Live Brokerage, then 90%
Fast Track's goal is for you to get to Live Brokerage where they can take a split, so you get everything until then. It's at their discretion when that happens, but they say after 8-12 withdrawals usually.
Until then you get the benefit of no commissions, and a 100% split on your withdrawals.
If that's not enough, there's a few more benefits you can't get anywhere else:
- Trade with up to $300,000 in total drawdown if you use 20 of their largest accounts
- Just a one-time fee, no monthly subscription
- Resets available on busted accounts, and they're affordably priced.
- Custom Premium-Level Quantower subscription included
This means that you, as a profitable trader, can:
- Get more of your profits, sooner
- Save time and energy
- Take your time with each account.
- Spend all your time trading for profits, not tests
- Trade with more capital, instantly
- Grow your trading career faster
...while spending a similar amount of money.
What's the Catch with Instant Funding?
Normally the big catch is what I talked about earlier - most instant-funded prop accounts don't give you much value above what you paid. And most of them aren't instant-funded futures, they're forex (blah).
I've clearly shown that's not the case here. FTT is giving a ton of value for what you're paying - Up to 18.77x the amount of your fee, in tradable drawdown.
So, what else is there?
Well, as you can see it is slightly more expensive than what you'd pay for an evaluation + activation fee with the leading EOD evaluation provider. Again, you're getting so much more value than the extra cost, though.
And if you use a discount on Fast Track Trading, you could be paying the same or less, for so much more.
Convenience is not quite there yet.
It's not a catch, but Fast Track doesn't yet take credit cards for your signup fee. It'll come at some point in the future, but they're not in a rush. They (and I) don't want you going into credit card debt for trading accounts, anyway.
For now, you can pay easily with WISE. They also accept crypto, bank ACH transfer, and wires. For most people, WISE is the easiest, and you can pay with a credit card through them if you really want to.
Conclusion
If you can trade profitably and want to access more capital in less time, Fast Track Trading can do that for you. Evaluation prop firms still have their place, but for those who want to skip ahead to funding, this is a great value.