Instant Funding Standard and Instant Funding Lite are direct-access simulated funded accounts. You do not need to pass a Challenge phase before trading.
After purchase, KYC, and account enablement, you can begin trading under the Instant rules for your account type.
Because Instant accounts are already in funded status, funded / instant payout consequences can apply from the start where the rule applies.
Related Terms: Sections 2A, 9