IC Funded ranks as one of our top-reviewed prop firms with a score of 90/100. It offers funded accounts via a one or two-phase evaluation with fees from $29.75. Partnered with IC Markets, it provides low spreads from 0 pips and is one of the best prop firms globally.
IC Funded Summary
IC FundedProp Firm Details
One Phase Evaluation
Two Phase Evaluation
Instant Funding
Max 500K Scaling Plan
Fees From$49
Account Sizes5K -500K
Min Forex Spread0 pips
Commission Fee$3.50
Max Daily Loss5%
Profit Targets5% - 10%
Profit Share75% – 80%
Trading Platforms
Consistency Rules
Compulsory Stop Loss
High Impact News Trading
Expert Advisors / Automated Trading
FOREX
INDICES
COMMODITIES
CRYPTO
SHARES
IC Funded scored 90/100 during testing, placing it among the top-rated prop firms. You can choose between a 1-step or 2-step challenge, with fees starting from $29.75 and a profit split that increases from 75% to 80% after your first payout.
You’ll trade with IC Markets’ pricing, including spreads from 0 pips, and use platforms like MT4, MT5, or cTrader. While scaling is capped at $500K and copy trading isn’t allowed, the low costs, strong trading conditions, and flexible evaluation options make it a solid choice.
IC Funded now offers two types of evaluation challenges, a 1 Step and a 2 Step program.
Both follow similar rules around daily loss limits and risk, but they differ in structure, time commitment, and drawdown allowance.
| Evaluation Process | 1-Step Evaluation | 2-Step Evaluation |
|---|---|---|
| Phases | One Step | Two Step |
| Profit Target | 10% | 10% (Phase 1), 5% (Phase 2) |
| Max Daily Loss | 5% | 5% |
| Max Overall Loss | 6% | 10% |
| Minimum Trading Days | 5 | 5 |
| Max Trading Days | Unlimited | Unlimited |
| Leverage (Forex/Gold) | 20:1 | 50:1 |
| Challenge Fee Range | From $29.75 to $1,487.50 | From $49 to $2,498 |
| Profit Split (Funded) | 75% to 80% after first payout | 75% to 80% after first payout |
| Account Scaling | Up to $500,000 | Up to $500,000 |
| Best For | Faster path to funding | Gradual evaluation with more drawdown room |
In the 1-step challenge, traders need to reach a 10% profit target while staying within a 5% daily loss and 6% max drawdown limit. There is no second phase, and traders can take as long as they need, with a minimum of 5 trading days.
| Account Size | Fee (USD) | Max Daily Loss | Max Overall Loss | Profit Target (10%) |
|---|---|---|---|---|
| $5,000 | $29.75 | $250 | $300 | $500 |
| $10,000 | $59.50 | $500 | $600 | $1,000 |
| $25,000 | $148.75 | $1,250 | $1,500 | $2,500 |
| $50,000 | $297.50 | $2,500 | $3,000 | $5,000 |
| $100,000 | $595.00 | $5,000 | $6,000 | $10,000 |
| $250,000 | $1,487.50 | $12,500 | $15,000 | $25,000 |
| $500,000 | $2,975.00 | $25,000 | $30,000 | $50,000 |
The 2-step challenge requires you to pass both an Evaluation Phase and a Verification Phase. The first target is 10%, followed by 5% in the second stage, both with standard risk management rules.
Compared to the 1-step option, the 2-step challenge allows higher leverage of up to 50:1 on forex and gold.
| Account Size | Fee (USD) | Max Daily Loss | Max Overall Loss | Phase 1 Target (10%) | Phase 2 Target (5%) |
|---|---|---|---|---|---|
| $5,000 | $49 | $250 | $500 | $500 | $250 |
| $10,000 | $99 | $500 | $1,000 | $1,000 | $500 |
| $25,000 | $149 | $1,250 | $2,500 | $2,500 | $1,250 |
| $50,000 | $289 | $2,500 | $5,000 | $5,000 | $2,500 |
| $100,000 | $499 | $5,000 | $10,000 | $10,000 | $5,000 |
| $250,000 | $1,249 | $12,500 | $25,000 | $25,000 | $12,500 |
| $500,000 | $2,498 | $25,000 | $50,000 | $50,000 | $25,000 |
IC Funded offers scaling up to a maximum of $500,000. After passing a challenge, you can either start trading a funded account at your current level, or retake a higher-tier challenge at no cost. This gives you the option to increase capital over time by consistently proving your performance.
Once you hit a funding level of $500,000, no additional scaling is offered. If you are looking for funding beyond that level may want to consider other firms with higher scaling caps.
IC Funded has clear and consistent rules across all challenge types. These are designed to encourage disciplined trading without over-restricting strategy choice.
Verdict on Audition Process and Challenges
IC Funded gives you the choice between a faster 1-step or a more flexible 2-step challenge. Both are competitively priced and come with clear rules and solid platform options. If you’re looking for up to $500K in funding with a simple setup, it’s a strong option to consider.
IC Funded provides forex spreads the same as those offered by IC Markets’ Global Raw Account. These spreads are sourced directly from liquidity providers, ensuring competitive pricing across various asset classes.
Forex Spreads
As per IC Markets ultra low raw spreads, when participating in the IC Funded challenge minimum spreads on popular forex pairs like EUR/USD are as low as 0 pips, and average 0.02 pips.
| Forex Pair | IC Funded Average Spread |
|---|---|
| EUR/USD | 0.02 pips |
| AUD/USD | 0.17 pips |
| AUD/JPY | 0.50 pips |
| EUR/GBP | 0.27 pips |
| EUR/JPY | 0.30 pips |
Commission Fees
IC Funded charges a commission of $3.50 per lot per round turn for forex trading, commodities, and indices.
| Commission Fee | USD | AUD | GBP | EUR |
|---|---|---|---|---|
| IC Funded | $3.50 | $3.50 | £2.50 | €2.75 |
Verdict on Spreads and Commissions
IC Funded provides prop traders with tight spreads and a transparent, flat-rate commission structure. The combination of low spreads, commissions, and audition fees makes IC Funded one of the most competitively priced prop firms.
IC Funded offers a wide range of financial markets with 96 trading instruments in total over commodity, equity index, and forex markets.
Although offered by IC Markets, shares and crypto trading instruments such as Bitcoin or Ethereum are not offered by IC Funded.
Leverage
Leverage depends on whether you choose a 1-step or 2-step evaluation. The 2-step accounts offer higher leverage, while the 1-step accounts use lower leverage to reflect the reduced evaluation structure.
| Asset Class | 1-Step Leverage | 2-Step Leverage |
|---|---|---|
| Forex | 20:1 | 50:1 |
| Gold | 20:1 | 50:1 |
| Other Commodities (e.g. Oil, Silver) | 10:1 | 10:1 |
| Indices | 10:1 | 10:1 |
Verdict on Markets and Leverage
Markets and leverage setup are simple with IC Funded, you get more flexibility with the 2-step challenge, and tighter limits with the 1-step. If you want higher buying power, the 2-step will suit you better. If you prefer a quicker route with more control, the 1-step is the better fit.
IC Funded offers the three most popular platforms for prop trading being MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. Each platform provides distinct features and tools that cater to different trading styles and preferences.
MetaTrader 4
MT4 is a popular choice among forex traders for its user-friendly interface and extensive support for automated trading through Expert Advisors (EAs). It offers a range of technical analysis tools, including customisable charts, multiple timeframes, and a variety of indicators.
MT4 also supports one-click trading and has a strong community of users who develop and share EAs and custom indicators.
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 also allows for deeper market analysis with more advanced charting tools and supports trading in a wider range of asset classes beyond forex, including stocks, commodities, and futures. Like MT4, MT5 also supports EAs but with more sophisticated capabilities.
cTrader
cTrader is known for its advanced charting and order execution capabilities. It offers a highly customisable trading environment with a focus on transparency and ease of use. cTrader provides access to Level II pricing, allowing traders to see market depth and make informed decisions based on liquidity.
The platform also supports automated trading through cAlgo, where traders can develop and deploy custom trading algorithms. cTrader’s interface is intuitive, making it easy to manage multiple orders and analyse market data effectively.
Verdict on Trading Platforms
IC Funded provides solid trading platform options with MT4, MT5, and cTrader, offering tools that suit different trading styles. Each platform supports automated trading with EAs, but copy trading is prohibited.
To pay the one off audition fee, IC Funded supports a variety of methods including:
Payouts and Withdrawals
After successfully completing the evaluation and starting on a funded account, IC Funded offers several options for withdrawing profits. The default payout schedule is monthly, where traders receive a 75% profit share, which increases to 80% after the first month.
For those who prefer more frequent access to their earnings, IC Funded allows on-demand withdrawals, available 14 days after the initial trade. Traders can also opt for bi-weekly payouts if that suits their needs better. Importantly, once traders make their first profit withdrawal, the evaluation fee is refunded, providing an added financial benefit.
Withdrawal Methods
IC Funded processes payouts through standard bank wire, Skrill, or various cryptocurrency options. While IC Funded does not charge withdrawal fees, traders should be aware of potential fees imposed by their bank or payment provider. To ensure transactions are cost-effective, a minimum net profit of $20 is required for bank wire transfers and $150 for crypto payouts.
Verdict on Payments and Payouts
IC Funded offers flexible and accessible withdrawal options, allowing traders to receive their profits through various methods without incurring internal fees.
The option to request payouts monthly, bi-weekly, or on-demand gives traders control over their earnings. Additionally, the refund of the evaluation fee with the first profit withdrawal adds an extra benefit, making IC Funded one of the best prop firms for those wanting a reliable payout process.
IC Funded offers 24/7 customer support and comprehensive educational resources to help traders successively prop trade.
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, ensuring that traders can resolve technical questions or account-related concerns promptly. Yet, no direct contact number is available on their website.
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 a selection of curated videos covering current market trends and broader financial topics. Examples include “Could China’s Real Estate Crisis Crash the Global Economy?” and “The Rise of Superapps.”
In addition to these videos, the dashboard provides practical tutorials on trading strategies, platform navigation, and key market analysis, ensuring you can continuously develop your trading skills while staying updated on global financial events.
Verdict on Customer Service and 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.
IC Funded is closely connected to IC Markets, a well-established and top-tier regulated broker known for its transparency and reliability in the financial industry.
This connection provides a solid foundation for trust, and while IC Funded is not a regulated broker or financial service provider, IC Markets has a strong reputation and overseen by financial regulators like ASIC in Australia and CySEC in Europe.
IC Funded has an excellent Trustpilot score of 3.1 out of 5 stars, reflecting positive feedback from traders who have used the platform. This high rating indicates a strong level of satisfaction among users, further reinforcing the trustworthiness of IC Funded.
IC Funded does not use popular platforms like Discord for its community interactions; instead, it has established its own dedicated chat platform.
This unique approach allows for a more secure and controlled environment, minimising the risk of scams and misinformation that can often plague open networks. You can join this exclusive community through the link: IC Funded Community Chat.
This chat community, similar to a Discord server, is directly managed by IC Funded’s team, ensuring traders have access to direct communication with the firm, exclusive updates, and a space to interact safely with fellow traders. There are channels dedicated to different financial markets, sharing trading decisions, as well as a space where the prop firm shares payout proof for funded traders.
With only 181 followers on LinkedIn, 2,900 followers on Facebook, 2,700 followers on Instagram, and 3,700 followers on X, IC Funded’s social media presence is relatively small compared to competitors.
Verdict on Trust
IC Funded is a trustworthy prop firm, backed by its connection to regulated broker IC Markets, a strong Trustpilot rating, and a unique chat community. This combination of factors makes IC Funded a reliable choice for traders seeking a secure and reputable prop trading firm.
IC Funded gets around 6,600 Google searches per month, making it the 37th most searched prop firm right now. Based on March 2025 Similarweb data, it also ranks 39th by traffic, with 75,395 global visits recorded for the month.
Interest is strongest in India, where the majority of branded searches come from, followed by the UK, South Africa, Vietnam, and the US. This spread matches IC Funded’s broad international appeal, particularly in regions where IC Markets—their liquidity provider—has a strong reputation.
Here’s a look at where the interest is coming from based on Q1 2025 search data.
| Country | Q1 2025 Monthly Searches |
|---|---|
| India | 720 |
| United Kingdom | 260 |
| South Africa | 210 |
| Vietnam | 170 |
| United States | 140 |
| Nigeria | 140 |
| Pakistan | 140 |
| Germany | 90 |
| Australia | 90 |
| Spain | 90 |
| Malaysia | 70 |
| Kenya | 70 |
| France | 50 |
| Italy | 50 |
| Canada | 50 |
| Indonesia | 50 |
| Poland | 50 |
| Singapore | 50 |
| Brazil | 40 |
| Netherlands | 40 |
| Philippines | 40 |
| Hong Kong | 30 |
| Uzbekistan | 20 |
| Austria | 10 |
| Cyprus | 10 |
India
|
720
1st
|
United Kingdom
|
260
2nd
|
South Africa
|
210
3rd
|
Vietnam
|
170
4th
|
United States
|
140
5th
|
Nigeria
|
140
6th
|
Pakistan
|
140
7th
|
Germany
|
90
8th
|
Australia
|
90
9th
|
Spain
|
90
10th
|
To get started with IC Funded and become a funded trader, you can follow these steps:
IC Funded does not accept traders from the following countries due to regulatory restrictions and company policy:
IC Funded is one of the more accessible prop firms, offering both 1-step and 2-step evaluations with fees starting from just $29.75. You get access to IC Markets’ low spreads, solid platform choices (MT4, MT5, and cTrader), and a profit split that increases from 75% to 80% after your first payout.
You can trade forex, indices, and commodities with up to 50:1 leverage on the 2-step accounts and slightly reduced leverage on the 1-step. The evaluation rules are clear, but strict — and there’s no scaling beyond $500K or access to shares and crypto.
If you’re confident in your strategy and want a cost-effective way to access trading capital with tight spreads and proven execution, IC Funded is a strong choice. If you need higher scaling or more flexibility, other prop firms like Blueberry Funded may be a better fit.
IC Funded lets you choose between a 1-step or 2-step evaluation. The 1-step challenge has a single profit target, while the 2-step includes two phases with separate targets. In both options, you must follow specific risk rules. There are no time limits beyond a minimum trading period. Once you meet the profit targets and follow the rules, you qualify for a funded account with profit share.
The profit split starts at 75% in favour of the trader and increases to 80% after the first month of trading on a funded account.
IC Funded supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, and is known for offering the best prop trading platforms available. Each platform provides strong trading tools and features to enhance the prop trading experience, and trading rules allow for Expert Advisors and automated trading.
Proprietary trading can be challenging for beginners due to the high-risk environment and stringent profit targets, and generally recommended as a trading activity for experienced traders.
However, it offers unique benefits like access to capital and potential profit splits without risking personal funds. Beginners should have a solid understanding of risk management, trading strategies, and market analysis before considering proprietary trading.
Yes, IC offers CFD and forex trading through IC Markets. We have completed a full evaluation of the broker on our separate website CompareForexBrokers where you can read our IC Markets review.
Ask an Expert
kindly i would like to know that can we get withdrawal in Dubai bank account and i would like to know about this company. Because I am going to give hirer some traders almost 8 to 10
IC Funded accepts Dubai traders and you can use standard bank transfer, crypto, or Skrill, the e-wallet system. They also don’t charge any withdrawal fees which is a major benefit.