Reviewed by PropFirm201 Research Team·At a Glance
IC Funded Homepage
Pricing & Challenge Types
2-Step Challenge
2 phases · 75% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $49 | 10% | 5% | 5% | 10% |
| $10,000 | $89 | 10% | 5% | 5% | 10% |
| $25,000 | $179 | 10% | 5% | 5% | 10% |
| $50,000 | $299 | 10% | 5% | 5% | 10% |
| $100,000 | $499 | 10% | 5% | 5% | 10% |
| $250,000 | $1249 | 10% | 5% | 5% | 10% |
1-Step Challenge
1 phase · 75% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $59 | 10% | 4% | 6% |
| $10,000 | $99 | 10% | 4% | 6% |
| $25,000 | $199 | 10% | 4% | 6% |
| $50,000 | $349 | 10% | 4% | 6% |
| $100,000 | $549 | 10% | 4% | 6% |
| $250,000 | $1399 | 10% | 4% | 6% |
IC Funded Plans Page
Pros & Cons
Pros
- 150+ instruments available for trading
- Up to 1:50 leverage on funded accounts
- Competitive pricing starting at $49
- Full refund of evaluation fees after first withdrawal
- Scaling potential up to $500,000
Cons
- Starting profit split of 75% is below industry average
- Mixed reviews with reports of account suspensions
- Unlisted from some prop firm review platforms
- MT5 only with no alternative platforms
- Hong Kong-based with limited regulatory oversight for prop trading
Trading Rules
About IC Funded
IC Funded is a proprietary trading firm based in Hong Kong, founded in 2023. The firm offers funded accounts from $5,000 to $250,000 with the potential to scale up to $500,000 through their scaling plan. IC Funded provides access to over 150 trading instruments including forex pairs, indices, commodities, and cryptocurrencies with up to 1:50 leverage.
The firm offers both 1-step and 2-step evaluation challenges with no time limits, competitive pricing, and a full refund of evaluation fees upon the first successful withdrawal. While IC Funded has some attractive features, the starting profit split of 75% is below the industry standard of 80%, and the firm has received mixed reviews from traders.
How It Works
IC Funded offers two evaluation paths:
2-Step Challenge:
- Phase 1: Reach a 10% profit target with a 5% daily loss limit and 10% maximum drawdown. Minimum 3 trading days with no time limit.
- Phase 2: Reach a 5% profit target with the same risk parameters.
- Funded Account: Trade with a 75% profit split, increasing to 80% after the first month.
1-Step Challenge:
- Reach a 10% profit target with a 4% daily loss limit and 6% trailing drawdown. Minimum 3 trading days with no time limit.
- Upon passing, receive a funded account with a 75% profit split.
Pricing & Plans
| Account Size | 2-Step Fee | 1-Step Fee |
|---|---|---|
| $5,000 | $49 | $59 |
| $10,000 | $89 | $99 |
| $25,000 | $179 | $199 |
| $50,000 | $299 | $349 |
| $100,000 | $499 | $549 |
| $250,000 | $1,249 | $1,399 |
All evaluation fees are fully refundable upon first profit withdrawal.
Rules & Restrictions
- Maximum Daily Loss: 4-5% depending on challenge type.
- Maximum Overall Loss: 6-10% depending on challenge type.
- Minimum Trading Days: 3 days per phase.
- Maximum Trading Days: No time limit.
- News Trading: Allowed.
- Weekend Holding: Not allowed.
- Expert Advisors: Allowed.
- Scalping: Allowed.
- Hedging: Allowed.
- Copy Trading: Not allowed.
- Leverage: Up to 1:50.
Payouts
- Frequency: Bi-weekly (on-demand every 14 days).
- Profit Split: 75%, increasing to 80% after first month of funded trading.
- Methods: Bank transfer and cryptocurrency.
- Processing Time: 2-5 business days.
- Fee Refund: Full refund of evaluation fee with first withdrawal.
Is IC Funded Legit?
IC Funded has a mixed reputation:
- 3.5/5 Trustpilot rating from approximately 200 reviews, reflecting mixed experiences.
- Unlisted from some review platforms, which may indicate compliance concerns.
- Some traders report fast payouts and positive experiences.
- Others report account suspensions and withdrawal delays.
- Hong Kong-based with limited regulatory framework for prop trading activities.
Traders should approach IC Funded with caution, starting with smaller account sizes to verify the firm's reliability before committing to larger challenges.
FAQ
What is IC Funded?
IC Funded is a Hong Kong-based proprietary trading firm founded in 2023 that offers funded accounts from $5,000 to $250,000 through 1-step and 2-step evaluation challenges.
How much does IC Funded cost?
IC Funded challenge fees range from $49 for a $5,000 2-step account to $1,399 for a $250,000 1-step account. All fees are refundable.
What is IC Funded's profit split?
IC Funded starts at a 75% profit split, increasing to 80% after the first month of funded trading.
Does IC Funded allow EAs/bots?
Yes, Expert Advisors and automated trading strategies are allowed on all account types.
Is IC Funded available in the US?
Yes, IC Funded accepts traders from the United States.