An Era Trade Instant account is an account format that does not require you to pass a 1-stage or 2-stage challenge. Once you receive access, you trade directly under the Instant account rules and can request a payout after meeting the requirements for trading days, profitable days and risk rules.
Available Instant account sizes: $5,000, $10,000, $25,000 and $50,000.
Key Instant account conditions
- Minimum trading days: 10
- Minimum profitable days: 7
- Profit target: none
- Maximum number of trading days: none
- Maximum overall loss: 5% of the starting balance
- Maximum daily loss: 3%
- Maximum risk per trading idea: 2%
- Consistency rule: 25%
The consistency rule applies only to Instant accounts. It means that your most profitable trading day must not account for more than 25% of the total profit being considered for payout. Formula: best day's profit ÷ total profit × 100. Example: if your total profit is $1,000, your most profitable day must be no more than $250.
If you breach any mandatory condition or risk rule, your account may be restricted, switched to view-only or closed, and your payout eligibility may be revoked following a risk-team review.