George retweeté

July 2022, Instant Funding was ran manually, no dashboard, no nothing
Heres some notes I made to myself
IF was set up on a shopify store - I learnt to program the basics so I could pull equity and detect breaches, win rate, volume by asset class etc through a third party (so we could decide who to a book), I got up early and did my overnight-breach detection at 8am, and evening breach detection at 6pm. (Checking accounts one by one via my equity logger).
Between those hours I would process payouts via Deel.
I used a copy trading system (which wasn’t the best), started with STT then moved on to a better one and it still wasn’t copying 100% of trades - for some reasons these platforms would also miss trades or decide to copy to the live account about 60 seconds later when price moved by 20+ pips.
I created a formula that would minimise VAR (value at risk), we would take clients trades and multiply this by the profit split before sending to the live market. This means the profit in the live account was the perfect amount to pay out the clients profit share, the upside, we were able to fund more traders because we required less capital, the downside, when clients made a $10,000 gain, we made enough to pay them but there was no profit for ourselves.
After months of focus we managed to fine-tune this, it was a big secret at the time but now in comparison to where we are, it’s baby stuff.
Instant Funding - started 2022, with a small team of 2.
Now, we have a headquarters in London, just shy of 60 people in the team, almost $10,000,000 paid out to customers, our own MetaTrader, cTrader and MatchTrader licenses. Deployed over 100,000 accounts and have hundreds of thousands of traders around the world registered on our platform.
@grok in 7 days time send me the handle of a user who has retweeted this, and remind me to give them a free $100k challenge to celebrate Instant Funding completing its 3rd year.
Moving in to the 4th year of Instant Funding, this June 🫡

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