IC Funded

IC Funded is a simulated trading proprietary trading firm based in Saint Lucia that offers two evaluation programs: 1-Step and 2-Step. Account sizes listed are $5,000, $10,000, $25,000, $50,000, $100,000, $200,000, and up to a whopping $500,000. The Firm supports trading on a simulated environment with leverage shown as up to 1:50 overall, with Forex Majors available up to 1:30 on the 1-Step program and up to 1:50 on the 2-Step program, while Indices, Metals, and Commodities are capped at 1:20 and Crypto at 1:2. In the 1-Step program, traders must reach a 10% profit target, stay within a 3% daily drawdown and 6% overall drawdown, complete at least 3 trading days, and satisfy a 45% consistency rule. In the 2-Step Professional program, Phase 1 requires a 10% profit target, 4% maximum daily drawdown, 8% maximum overall drawdown, and at least 3 trading days with no time limit; Phase 2 requires a 5% profit target while maintaining the risk limits. The funded stage uses an 80/20 profit split, and challenge fee refunds are issued after the third payout has been processed. IC Funded is a demo-account firm offering structured evaluation challenges and funded trading access under defined risk rules.

Firm Overview

Broker:

IC Markets

Platform:

cTrader

MT4

MT5

Payment Methods:

Credit/Debit Card

Crypto

Wire Transfer

Payout Methods:

Bank Transfer

Crypto

Skrill

Instruments and Assets

Type of Instruments:

Commodities

Indices

Metals

Assets:

CFD

Consistency Rules

45% consistency guideline (1-Step program)

If you are trading the 1-Step Accelerated Program, you must follow a consistency limit:

Your best trading day must NOT exceed 45% of your total profit

Example:

If you make $10,000 profit total
Your best day must be $4,500 or less

If you exceed it:

You are not immediately failed
But your account will be flagged for review or may be held back from passing/funding until consistency improves

45% soft consistency guideline (2-Step program)

If you are on the 2-Step Professional Program:

There is a soft rule (not hard breach)
No single trading day should exceed 45% of Step 1 profits

Important:

This applies mainly to Step 1
It does not strictly apply to Step 2 or funded stage

Funded stage consistency expectation

Once funded:

You are still expected to trade consistently
But profit denial is not allowed for completed gains
Consistency may trigger risk review, not automatic payout loss

Firm Rules

Profit targets

If you are in evaluation:

1-Step: 10% target
2-Step: 10% (Phase 1) → 5% (Phase 2)

Drawdown rules

You must stay within:

2-Step

Daily drawdown: 4% (Step 1), 5% (Step 2)
Max drawdown: 8% → 10%

1-Step

Daily drawdown: 3%
Max drawdown: 6%

If you break these:

Your account is instantly breached

Minimum trading days

You must trade at least:

3 days per phase

Trading conditions

You are allowed to:

Trade forex, indices, metals, crypto
Use leverage up to:
- 1:50 (FX majors)
Trade news events (allowed)

You must also follow:

Flatten Friday requirement (close trades before weekend) on some accounts

Time limits

You have:

No time limit to complete evaluations

Prohibited trading

You are not allowed to:

Use HFT or latency arbitrage
Use martingale/grid systems
Use copy trading abuse or coordinated accounts
Use spoofing or manipulation strategies

Payout Policy

Profit split

Once funded, you receive:

80% profit split (you keep 80%)

Payout timing

You can withdraw after:

14 calendar days minimum
AND at least 5 profitable trading days

Profit requirements per trade/day

To qualify for payout:

Each profitable trade must generally be at least 0.5% of account balance
Each profitable day must meet minimum performance criteria

Minimum withdrawal

You must withdraw at least:

1% of account balance

Payout structure