Frequently asked questions.
Everything you need to know before starting an evaluation.
Evaluation & rules
What is the profit target?+
10% on the first phase and 5% on the second phase. After funding, no profit target applies.
What are the drawdown limits?+
5% daily drawdown measured on a rolling 24-hour window against equity (peak → low). Open positions count — floating PnL on live trades is part of equity, so an unrealised loss can breach the rule even before the trade is closed. 10% maximum drawdown from the initial balance.
Is there a time limit?+
No. You can take as long as you need to demonstrate consistent performance.
Are EAs and copy trading allowed?+
EAs are allowed. Copy trading between InsaneFunding accounts and high-frequency arbitrage are not.
What is the 30% consistency rule?+
No single trade or trading day may contribute more than 30% of the profit target. In Phase 1 the limit is 3% of the initial balance per trade/day, and in Phase 2 it is 1.5%. Demo accounts follow Phase 1 limits.
Do I need a stop-loss on every trade? (UPDATED 2026-07-12)+
Yes. From 2026-07-13 every open position must have a stop-loss attached within 3 minutes of opening. If no SL is set within that window, the platform records a soft warning flag. A second soft violation on the same account will breach it. Applies to all phases including funded and demo.
How many positions can I have open at once?+
Up to 3 open positions simultaneously across all instruments. Opening a 4th while 3 are already open breaches the account.
Is there a margin usage rule (e.g. max 50% margin)?+
No. We do not enforce a fixed margin-usage limit. The only hard constraints are leverage (1:100 on FX and metals) and drawdown (5% daily on rolling 24h equity, 10% max overall). Size positions so that a realistic adverse move stays well inside those drawdown limits — for example, 1 lot XAUUSD ≈ $100 per $1 move, so 10 lots against a $50 move is $5,000 (5% DD on a $100k account = breach).
Funding & payouts
When can I request my first payout?+
14 days after your first trade on a funded account. Subsequent payouts are bi-weekly or on demand.
What is the profit split?+
Starts at 80% and scales to 80% as your account grows. 100% of the first $10,000 in profits goes to you on accounts above $50K.
How are payouts processed?+
By international wire or USDT/USDC. Processed within 24 business hours of approval.
Orders & refunds
Do you offer refunds on evaluation purchases?+
All InsaneFunding products are digital goods that grant immediate access to challenge accounts and platform services. Because access is delivered instantly, we do not offer refunds, chargebacks, or cancellations once the order is completed.
Platform & instruments
Do you use MT5?+
Yes. InsaneFunding runs on the MetaTrader 5 platform with sub-100ms execution through our broker.
What can I trade?+
FX majors and crosses, indices, metals, oil, crypto and US equities — all from one MT5 terminal.
Can I trade news, hold over the weekend, or keep positions overnight?+
Only during the challenge phases. Phase 1 and Phase 2 have no style restrictions — trade news, hold over weekends, keep positions open overnight. Once you become a funded trader these are no longer allowed: all positions must be closed before 00:00 server time, weekend holds are not permitted, and trading during restricted high-impact news events will flag a violation.
Can I use Expert Advisors (EAs) or trading robots?+
Yes — most EAs are allowed. The only exception is high-frequency trading (HFT) bots, which are not permitted on any phase. Standard automated strategies, copy trading and custom EAs are fine.