IC Funded Review
VerifiedEst. 2023 · LC
Final Verdict on IC Funded
IC Funded is a broker-backed prop firm offering both one step and two step evaluations with fees starting from $74 (2-Step) and $154 (1-Step), with account sizes up to $200,000. All trading is conducted in a simulated environment. You trade on MT5 with IC Markets-style execution and a funded profit split of 80% (applied after the third payout).
Challenge Types
1-step, 2-step
Profit Split
80%
Challenge Fees
Starting from $74
Trading Platforms
MT5
Independent Review
Our Rating
Challenges
Spreads
Markets
Payouts
Platforms
Trust
Pros
- Fees from $74
- Backed by IC Markets
- Up to 80% profit split
Cons
- Limited scaling to $500K
- Weekend holding not allowed on 1-Step
- Restricted in US and Canada
Best For
Traders who prioritise broker-backed execution and structured evaluation challenges
Not Ideal For
Traders in the US or Canada, or those who need high profit splits or scaling beyond $500K
Our Take on IC Funded
IC Funded scored 79/100 during testing, placing it among the top-rated prop firms. You can choose between a one step or two step challenge, with the funded profit split set at 80% (80/20 in favour of the trader) after the third payout has been processed.
All trading at IC Funded is conducted in a simulated environment. You'll trade on MT5 with IC Markets-style execution. While scaling is capped at $500K and weekend holding is restricted on the 1-Step programme, the structured challenges and broker-backed conditions make it a solid choice. IC Funded does not provide services in the United States, Canada, and other restricted jurisdictions.
Key Facts
| Evaluation Types | 1-step, 2-step |
| Max Payout Split | 80% |
| Payout Schedule | Bi-weekly (every 14 calendar days) |
| First Payout | After 14 days |
| Daily Drawdown | 3% |
| Max Drawdown | 6% |
| Platforms | MT5 |
| News Trading | Allowed |
| Weekend Holding | Not Allowed |
| Copy Trading | Not Allowed |
| Expert Advisors (EAs) | Allowed |
 Trustpilot | 2.7/5 (undefined reviews) |
Consistency Rule
45% (1-Step); soft 45% (2-Step Step 1)
Current Offers
25% Off All Challenge Fees
Use code at checkout for 25% discount on any IC Funded challenge.
Challenge Accounts
Simulated Trading Environment
All trading at IC Funded is conducted in a simulated trading environment, including evaluation phases and the funded stage.
IC Funded offers two evaluation models: a one step and a two step challenge. The one step challenge has a single profit target with tighter drawdown limits and a 45% consistency rule, while the two step challenge spreads the evaluation across two phases with more drawdown room. The programmes differ in daily drawdown, max drawdown, minimum trading days, and weekend holding rules.
IC Funded does not provide services in the United States, Canada, and other restricted jurisdictions.
Challenge Comparison
| Evaluation Process | One Step Challenge | Two Step Challenge |
|---|---|---|
| Challenge Fees | $154 – $1,495 | $74 – $1,475 |
| Account Sizes | $10K – $200K | $5K – $200K |
| Profit Target | 10% | 10% (Step 1), 5% (Step 2) |
| Max Daily Loss | 3% | 4% (Step 1), 5% (Step 2) |
| Max Overall Loss | 6% | 8% (Step 1), 10% (Step 2)* |
| Minimum Trading Days | 3 | 3 per step |
| Max Trading Days | Unlimited | Unlimited |
| Consistency Rule | 45% | Soft 45% (Step 1) |
| Weekend Holding | ✗Not allowed | ✓Within risk limits |
| Profit Split (Funded) | 80% | 80% |
| Account Scaling | Up to $500,000 | Up to $500,000 |
| Best For | Faster path to funding | Gradual evaluation with more drawdown room |
* 2-Step Step 2 max drawdown is 10% for $5k–$50k accounts, but 8% for $100k and $200k accounts.
1 One Step Challenge
In the one step challenge, you must reach a 10% profit target while staying within a 3% daily drawdown and 6% maximum drawdown. There is only a single evaluation step, meaning once the profit target is hit and all rules are respected, the trader becomes eligible for a funded account. There is no maximum time limit, but a minimum of 3 trading days is required. A 45% consistency rule applies, and weekend holding is not allowed.
Because there is no second step, the one step challenge offers a faster route to funding, but with tighter drawdown limits compared to the two step option. This structure suits traders who are confident in their execution and prefer to complete the evaluation in a single phase.
| Account Size | Fee (USD) | Max Daily Loss (3%) | Max Overall Loss (6%) | Profit Target (10%) |
|---|---|---|---|---|
| $10,000 | $154 | $300 | $600 | $1,000 |
| $25,000 | $309 | $750 | $1,500 | $2,500 |
| $50,000 | $469 | $1,500 | $3,000 | $5,000 |
| $100,000 | $809 | $3,000 | $6,000 | $10,000 |
| $200,000 | $1,495 | $6,000 | $12,000 | $20,000 |
2 Two Step Challenge
The two step challenge requires traders to pass two consecutive steps — an Evaluation Phase followed by a Verification Phase. In Step 1, you must achieve a 10% profit target with a 4% daily drawdown and 8% max drawdown. In Step 2, the profit target reduces to 5%, daily drawdown increases to 5%, and the max drawdown is 10% for $5k–$50k accounts or 8% for $100k–$200k accounts. Each step requires a minimum of 3 trading days.
Step 1 includes a soft 45% consistency rule — no single trading day should represent more than 45% of Step 1 profits. This does not automatically fail the account, but repeated or extreme deviations may trigger review.
The two step challenge provides more drawdown room and allows weekend holding within risk limits, making it better suited for traders who prioritise capital preservation and consistency over speed.
| Account Size | Fee (USD) | Step 1 Daily (4%) | Step 1 Max (8%) | Step 1 Target (10%) | Step 2 Target (5%) |
|---|---|---|---|---|---|
| $5,000 | $74 | $200 | $400 | $500 | $250 |
| $10,000 | $125 | $400 | $800 | $1,000 | $500 |
| $25,000 | $249 | $1,000 | $2,000 | $2,500 | $1,250 |
| $50,000 | $449 | $2,000 | $4,000 | $5,000 | $2,500 |
| $100,000 | $789 | $4,000 | $8,000 | $10,000 | $5,000 |
| $200,000 | $1,475 | $8,000 | $16,000 | $20,000 | $10,000 |
Step 2 max drawdown is 10% for $5k–$50k accounts, but 8% for $100k and $200k accounts.
Funded Stage Drawdowns
Funded-stage risk limits differ by programme. These drawdowns are measured from the initial funded balance.
| Funded Rule | 1-Step Funded | 2-Step Funded |
|---|---|---|
| Daily Drawdown | 3% | 5% |
| Max Drawdown | 7% | 10% |
IC Funded Scaling Plan
IC Funded uses a performance-based scaling model that lets traders grow their capital over time, up to a maximum total allocation of $500,000. Scaling is not automatic and doesn't follow a fixed step-up schedule — eligibility is based on consistent profitability, strict rule compliance, and successful payouts on a funded account.
Scaling Type
Performance-Based
Max Allocation
$500,000
Automatic?
No
Trading Rules
IC Funded's trading rules vary between the one step and two step programmes. These are designed to encourage disciplined trading.
| Rule | Status |
|---|---|
| Expert Advisors (EAs) | ✓Permitted if trader owns/controls source logic and EAs do not copy trades |
| Copy Trading | ✗Not allowed |
| HFT | ✗Not allowed |
| Scalping | ✓Allowed |
| News Trading | ✓Allowed |
| Weekend Holding | 1-Step: ✗ Not allowed | 2-Step: ✓ Within risk limits |
| Consistency Rule | 1-Step: 45% | 2-Step Step 1: Soft 45% |
| Stop Loss Required | Not required |
| Inactivity Policy | Closed after 30 days |
| KYC Verification | Required before funded stage; may be requested at any stage |
| Fee Refund | With third payout (if profit share exists) |
Verdict on Audition Process & Challenges
IC Funded earns an 8/10 score for challenges. The two programmes differ meaningfully: the 1-Step has tighter risk limits (3% daily, 6% max, 45% consistency rule, no weekend holding) while the 2-Step provides more room (up to 5% daily, 10% max, weekend holding allowed). Funded-stage drawdowns also vary by programme. Fees start at $74 for 2-Step and $154 for 1-Step, with realistic profit targets and no maximum time limits. All trading is in a simulated environment.
Commission Fees & Pricing
IC Funded is connected to IC Markets, and traders benefit from IC Markets-style raw pricing on the MT5 platform. IC Funded has not published specific spread or commission figures in its official documentation.
Spread & Commission Data
Specific spread averages and commission figures have not been independently verified from official IC Funded pricing documentation. Traders should expect competitive raw-style pricing through the IC Markets connection, but exact figures may vary.
Verdict on Spreads & Commissions
IC Funded benefits from its connection to IC Markets, which is known for competitive raw-style pricing. While specific IC Funded spread and commission figures are not independently confirmed, the broker-backed model provides a strong foundation for tight trading conditions.
Financial Markets & Leverage
IC Funded provides access to forex, indices, and commodities on the MT5 platform.
Leverage
Leverage for FX majors differs by programme type. Detailed leverage by asset class has not been independently verified from official IC Funded sources.
1:50
2-Step FX Majors
1:30
1-Step FX Majors
Available Markets
Forex
Major, minor, and exotic currency pairs. FX majors leverage: 1:50 (2-Step) or 1:30 (1-Step).
Indices
Popular global indices available on MT5.
Commodities
Gold, oil, silver and other commodities available on MT5.
Verdict on Markets & Leverage
IC Funded earns a 9/10 score for markets. Access to forex, indices, and commodities covers the core trading instruments, with confirmed FX majors leverage of 1:50 for 2-Step and 1:30 for 1-Step. The broker-backed execution through IC Markets provides a competitive foundation.
Trading Platforms
IC Funded supports MetaTrader 5 (MT5) as its trading platform. MT5 is a widely used platform offering advanced charting, multiple timeframes, additional order types, and an integrated economic calendar.
MetaTrader 5 (MT5)
Builds on the success of MT4 with additional features and improved performance. It supports more order types, additional timeframes, and an economic calendar integrated into the platform. MT5 allows for deeper market analysis with advanced charting tools and supports trading across a range of asset classes. Expert Advisors are supported, subject to IC Funded's EA policy.
EA Policy
EAs are permitted only if they do not copy trades and the trader owns or controls the source logic. Copy trading is not permitted.
Verdict on Trading Platforms
IC Funded offers MT5 as its sole trading platform, providing solid charting, multi-asset capabilities, and EA support (subject to policy). While the single-platform offering is more limited than competitors with multiple options, MT5 is a proven and capable choice. IC Funded scored 8/10 for platforms.
Payments & Profit Payout
To pay the one-off audition fee, IC Funded supports a variety of methods including cryptocurrency payments, Mastercard and Visa, and local currency options for specific regions including Africa (ZAR, NGN, GHS, KES) and Southeast Asia (THB, VND, MYR with PapayaPay).
Profit Split
80%
80/20 After
Third Payout
Payout Schedule
Bi-weekly
First Payout
After 14 days
Payouts & Withdrawals
After successfully completing the evaluation and starting on a funded account, IC Funded pays out on a bi-weekly schedule (every 14 calendar days). The funded profit split is 80% (80/20 in favour of the trader), applied after the third payout has been processed.
First payout eligibility requires a minimum of 14 calendar days, at least 5 profitable trading days, and each profitable trade must be at least 0.5% of the account balance. A profitable day is any trading day that closes with a net positive balance increase of at least 0.5% of the account value. The funded-stage minimum withdrawal is at least 1% of the account balance.
The challenge fee is refunded with the third profit share payout, provided there is a profit share.
Withdrawal Methods
IC Funded processes payouts through bank wire, Skrill, or various cryptocurrency options. IC Funded does not charge withdrawal fees, though traders should be aware of potential fees imposed by their bank or payment provider.
Bank Wire
Available for funded payouts
Crypto Payouts
Various cryptocurrency options available
Skrill
Available as an alternative e-wallet option
Accepted Payment Methods
Visa / Mastercard
Bank Wire
Skrill
Crypto
Verdict on Payments & Payouts
IC Funded offers a bi-weekly payout schedule with an 80% profit split after the third payout. First payout eligibility has clear requirements including 14 calendar days, 5 profitable trading days, and a 0.5% minimum per profitable trade. The challenge fee refund with the third payout adds value. Multiple withdrawal methods are available without internal fees. IC Funded scored 9/10 for payouts.
Customer Service & Education
IC Funded offers 24/7 customer support and comprehensive educational resources to help traders succeed in prop trading.
Customer Support
IC Funded provides 24/7 customer service through live chat, offering quick and efficient responses to trader inquiries. The live chat feature is AI-assisted, ensuring that traders receive timely help for common questions and issues. For more complex matters, the support team is available to assist via email or live chat. No direct contact number is available on their website.
Live Chat (AI-Assisted)
Available 24/7 with quick responses to common questions
Email Support
Available for more complex and account-related concerns
Educational Resources
IC Funded offers a range of educational resources directly accessible through the client dashboard, designed to enhance traders' knowledge and skills. The dashboard features curated videos covering current market trends, trading strategies, platform navigation, and broader financial topics.
Dashboard Videos
Curated videos covering market trends, financial topics, and practical trading strategies accessible directly from the client dashboard.
Platform Tutorials
Practical tutorials on platform navigation, key market analysis, and trading strategy development.
Verdict on Customer Service & Education
IC Funded provides solid 24/7 support and well-rounded educational resources, making it a good prop firm for traders looking to improve their skills and receive timely assistance.
Trust & Community
IC Funded is connected to IC Markets, a well-established and top-tier regulated broker known for its transparency and reliability in the financial industry. IC Funded Evaluations LTD is incorporated in Saint Lucia. While IC Funded is not a regulated broker or financial service provider, IC Markets has a strong reputation overseen by financial regulators like ASIC in Australia and CySEC in Europe.
Restricted Jurisdictions
IC Funded does not provide services in multiple restricted jurisdictions, including the United States and Canada. The list of restricted countries is non-exhaustive.
IC Funded TrustPilot Score
2.7/5
Mixed
IC Funded has a Trustpilot score of 2.7 out of 5 stars, which shows a mixed set of experiences. A noticeable portion of lower-rated reviews come from users who had not yet signed up, were still in the evaluation phase, or were waiting on their first payout, meaning some feedback is based on expectations rather than completed funded trading. Many verified reviews confirm successful payouts and competitive conditions.
Trading Community
IC Funded has its own community channels managed directly by the team, with channels dedicated to different financial markets, sharing trading decisions, and payout proof for funded traders.
Social Media
IC Funded's social media presence is relatively small compared to competitors.
3.5K
Twitter/X
2.8K
2.6K
230
Verdict on Trust & Community
IC Funded benefits from its connection to regulated broker IC Markets, with IC Funded Evaluations LTD incorporated in Saint Lucia. While the Trustpilot rating of 2.7/5 is mixed, many verified reviews confirm successful payouts and competitive conditions. IC Funded does not provide services in the US, Canada, and other restricted jurisdictions. The relatively small social media presence is the main area for improvement.
Final Verdict on IC Funded
IC Funded is a broker-backed prop firm offering both one step and two step evaluations with fees starting from $74 (2-Step) and $154 (1-Step), with account sizes up to $200,000. All trading is conducted in a simulated environment. You trade on MT5 with IC Markets-style execution and a funded profit split of 80% (applied after the third payout).
The challenge structure differs meaningfully between programmes. The 1-Step has tighter risk limits (3% daily drawdown, 6% max, 45% consistency rule, no weekend holding) while the 2-Step provides more room (up to 5% daily drawdown and 10% max drawdown, weekend holding allowed). Funded-stage drawdowns also vary: 3% daily and 7% max for 1-Step; 5% daily and 10% max for 2-Step.
Scaling is performance-based up to $500K. IC Funded does not provide services in the United States, Canada, and other restricted jurisdictions. Overall, IC Funded is a solid option for traders who want broker-backed conditions and a clear evaluation structure.
Frequently Asked Questions
Data Sources
- https://icfunded.com
Last reviewed 2026-03-10 · Data verified 2026-03-10