Web3 prop firm FundedHive has introduced a new program, dubbed “Instant Growth,” which allows traders to rapidly scale their accounts to a maximum of $1,000,000 without undergoing traditional evaluation phases.
The scheme, which launched on Nov. 3, permits participants to start trading immediately with a $10,000 account. Advancement to higher levels requires traders to meet a 6% profit target for their current stage, using gains generated from the account itself.
Profit Share, Instant Payouts and No Consistency Rules
Other features include an 80% profit share for traders, instant payouts and the removal of consistency rules that are common among proprietary trading firms. FundedHive also uses an “A-Book” execution model, suggesting it passes client trades directly to liquidity providers.
The company rolled out a series of platform upgrades in September to reinforce its status as a fully “A-Book” operation, meaning all trades are executed directly on live markets rather than being processed internally. As part of this transparency initiative, FundedHive also planned to give traders direct access to its automated dealing system, allowing them to verify real-time market execution.
Also that month, FundedHive launched its “PayAfterPass” model to reduce upfront costs for traders during evaluations.
Instead of paying a large fee upfront, traders pay a smaller $99 access fee for each of the two initial phases. The larger funded account fee is deferred until after passing the evaluation, and can be covered using profits earned during the challenge. Successful traders may qualify to manage accounts of up to $200,000.
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