Trust & Reliability
Editorial Summary
IC Funded is a proprietary trading firm associated with IC Markets, one of the largest retail brokers by volume. That association gives it access to deep liquidity and raw-spread pricing, offering evaluations across crypto, forex, indices, metals and commodities.
| Backed by | IC Markets |
| Markets | Crypto, Forex, Indices, Metals, Commodities |
All trading is conducted in a simulated environment using virtual funds. Figures, rules and offers change frequently—confirm the latest details on the firm’s official site before purchasing.
IC Funded: Evaluations, Account Sizes, Challenge Fees, and Rules
IC Funded Review: Quick Verdict
IC Funded is a CFD prop trading-style evaluation firm offering two main challenge routes: the 1-Step Accelerated Program and the 2-Step Professional Program. Both routes give traders access to a simulated evaluation environment where they must hit profit targets while staying inside defined drawdown and trading rules.
The firm’s official evaluation page presents the two programs as a choice between a faster one-step route and a more structured two-step route. The account selector shows balances ranging from $5,000 to $500,000, while IC Funded’s rules page confirms the 2-Step Professional model, profit targets, drawdown limits, leverage, and an 80/20 profit split once traders reach the funded stage.
The cheapest officially visible IC Funded price we found is the $5,000 2-Step Professional account at $74. A third-party Propinder pricing table lists additional 2-Step account sizes up to $500,000, and 1-Step accounts from $10,000 to $50,000 in its visible table.
The key editorial takeaway is this: IC Funded is best suited to traders comparing a low-cost two-step evaluation against a faster but stricter one-step route. The account sizes are simulated, the rules are strict, and the challenge fee is not a trading deposit.
What Is IC Funded?
IC Funded is a simulated prop trading evaluation provider. Traders pay a one-time challenge fee, receive access to a simulated account, and attempt to pass the evaluation by meeting the required profit targets without breaching daily or maximum drawdown limits.
IC Funded’s terms state that its services include simulated trading environments, evaluation challenges, analytical tools, and potential access to funded accounts. The terms also say that trading during evaluation uses fictitious funds and that evaluation profits or losses do not represent real financial gain or loss.
This is important for readers: a $50,000 or $500,000 account size does not mean the trader receives that amount as withdrawable cash. It means they receive access to a simulated account balance of that size, subject to IC Funded’s evaluation rules.
IC Funded also states that users must be at least 18 years old, and that services are only available where legally permitted.
IC Funded Account Types
IC Funded currently promotes two core evaluation routes:
| Program | Structure | Best suited for | Main account range shown |
|---|---|---|---|
| 2-Step Professional | Two-phase evaluation | Traders who want a more structured route with wider drawdown rules | $5K–$500K |
| 1-Step Accelerated | One-phase evaluation | Traders who want a faster path and can handle tighter rules | $10K–$50K visible in Propinder table; official selector shows broader balances |
The official IC Funded page says traders can choose between 1-Step Accelerated and 2-Step Professional, depending on whether they want a faster route or a more structured evaluation journey.
2-Step Professional Program
The 2-Step Professional Program is IC Funded’s standard evaluation model. It has two phases: Step 1 and Step 2. Traders must pass both phases before moving toward the funded account stage.
According to IC Funded’s rules, Step 1 has a 10% profit target, while Step 2 has a 5% profit target. The minimum trading requirement is 3 trading days, and there is no maximum time limit.
2-Step Professional rules snapshot
| Rule | Step 1 | Step 2 |
|---|---|---|
| Profit target | 10% | 5% |
| Minimum trading days | 3 | 3 |
| Time limit | Unlimited | Unlimited |
| Daily drawdown | 4%, trailing end-of-day equity | 5%, trailing end-of-day equity |
| Maximum drawdown | 8%, static initial balance | 10%, static initial balance |
| FX leverage | Up to 1:50 | Up to 1:50 |
| Indices leverage | Up to 1:20 | Up to 1:20 |
| Metals leverage | Up to 1:20 | Up to 1:20 |
| Commodities leverage | Up to 1:20 | Up to 1:20 |
| Crypto leverage | Up to 1:2 | Up to 1:2 |
| News trading | Allowed | Allowed |
| Flatten Friday | Required | Required |
| Funded-stage profit split | 80/20 | 80/20 |
IC Funded’s official rules page lists the 2-Step Professional account with a 10% Step 1 target, 5% Step 2 target, 4% Step 1 daily drawdown, 8% Step 1 max drawdown, 5% Step 2 daily drawdown, and 10% Step 2 max drawdown.
2-Step Professional account sizes and fees
The official IC Funded rules page clearly shows the $5,000 2-Step Professional account at $74. Propinder’s public challenge table lists the broader 2-Step pricing range as follows:
| 2-Step account size | Standard listed fee | Account size accessed |
|---|---|---|
| $5,000 | $74 | $5,000 simulated account |
| $10,000 | $125 | $10,000 simulated account |
| $25,000 | $249 | $25,000 simulated account |
| $50,000 | $449 | $50,000 simulated account |
| $100,000 | $689 | $100,000 simulated account |
| $200,000 | $1,275 | $200,000 simulated account |
| $500,000 | $2,999 | $500,000 simulated account |
Minimum required for 2-Step Professional: $74, giving access to the $5,000 simulated account.
1-Step Accelerated Program
The 1-Step Accelerated Program is IC Funded’s faster evaluation route. Instead of passing two phases, traders have one evaluation phase with a single profit target.
IC Funded’s evaluation page says the 1-Step Accelerated program requires a 10% profit target, 3% daily drawdown, 6% overall drawdown, a minimum of 3 trading days, and a 45% consistency rule.
This route is simpler in structure, but it is not necessarily easier. The drawdown limits are tighter than the 2-Step Professional model, which means traders have less room for losses before breaching the account.
1-Step Accelerated rules snapshot
| Rule | 1-Step Accelerated |
|---|---|
| Evaluation phases | 1 |
| Profit target | 10% |
| Daily drawdown | 3% |
| Maximum drawdown | 6% |
| Minimum trading days | 3 |
| Consistency rule | 45% |
| Funded-stage profit split | Up to 80/20 |
| Best fit | Traders who want a faster route and can trade within tighter limits |
The one-step route is best understood as a speed-focused option. It removes the second evaluation phase, but the lower drawdown allowance makes risk management more important.
1-Step Accelerated account sizes and fees
Propinder’s visible pricing table lists three 1-Step Accelerated account sizes: $10K, $25K, and $50K. The same table says it is showing 10 of 12 IC Funded challenge plans, so there may be additional 1-Step options available beyond the visible rows.
| 1-Step account size | Standard listed fee | Account size accessed |
|---|---|---|
| $10,000 | $154 | $10,000 simulated account |
| $25,000 | $309 | $25,000 simulated account |
| $50,000 | $469 | $50,000 simulated account |
Minimum visible 1-Step Accelerated fee: $154, giving access to the $10,000 simulated account.
Because IC Funded’s official page is dynamic and the full 1-Step pricing table was not visible in the extracted public text, the final checkout price should be treated as the source of truth for any unpublished sizes.
Overall Minimum Cost by Program
| Program | Smallest verified / visible account size | Minimum listed fee | Account size accessed |
|---|---|---|---|
| 2-Step Professional | $5,000 | $74 | $5,000 simulated account |
| 1-Step Accelerated | $10,000 visible in Propinder table | $154 | $10,000 simulated account |
The lowest verified entry point is the $5,000 2-Step Professional account at $74. The lowest visible one-step option is the $10,000 1-Step Accelerated account at $154.
Cheapest Way to Access Each Listed Account Size
| Account size | Cheapest visible IC Funded route | Minimum listed fee |
|---|---|---|
| $5,000 | 2-Step Professional | $74 |
| $10,000 | 2-Step Professional | $125 |
| $25,000 | 2-Step Professional | $249 |
| $50,000 | 2-Step Professional | $449 |
| $100,000 | 2-Step Professional | $689 |
| $200,000 | 2-Step Professional | $1,275 |
| $500,000 | 2-Step Professional | $2,999 |
For every overlapping size shown in the available pricing data, the 2-Step Professional route is cheaper than the 1-Step Accelerated route. That is common in the prop-firm space: traders usually pay more for a faster evaluation structure.
What Account Size Means at IC Funded
When IC Funded lists a $10K, $100K, or $500K account, that number refers to the simulated account size used for the evaluation. It is not a personal trading deposit, and it is not withdrawable capital.
IC Funded’s terms state that evaluation trading is simulated using fictitious funds, and the website footer says the firm provides services exclusively in a simulated trading environment using virtual funds. It also says accounts are demo accounts only and do not involve real-market execution, real capital, or custody of client funds.
For review purposes, the account size matters because it determines the scale of profit targets and drawdown limits. However, the real comparison should focus on the rules behind the account, not just the headline balance.
IC Funded Payout and Profit Split
IC Funded promotes a fixed 80/20 profit split after traders pass the evaluation and receive a funded account. Its evaluation page says traders keep 80%, while IC Funded keeps 20%, and that challenge fee refunds are issued after the third payout has been processed.
The page also references bi-weekly payouts on the 2-Step Professional track.
Platforms, Markets, and Trading Conditions
IC Funded’s rules page lists leverage of up to 1:50 on FX, 1:20 on indices, 1:20 on metals, 1:20 on commodities, and 1:2 on crypto for the 2-Step Professional program.
Propinder lists IC Funded as supporting MT5 and cTrader, with assets including forex, indices, metals, commodities, and crypto.
Refunds, KYC, and Rule Warnings
IC Funded’s terms say participation requires a challenge fee, and fees are non-refundable except where expressly stated. Refunds may only be granted if requested within 14 days, no trading activity has occurred, and no terms or trading-rule violation exists.
The terms also say IC Funded may conduct KYC checks and may deny funded account access, terminate accounts, or cancel rewards if identity information is false, misleading, inconsistent, or cannot be verified.
IC Funded also warns against inconsistent trading behavior, including unjustified changes in lot size, strategy, frequency, or risk exposure. The terms specifically mention large trades followed by minimal trades solely to satisfy trading-day requirements as an example of a violation.
IC Funded Pros and Cons
Pros
IC Funded’s biggest advantage is the clear split between a lower-cost two-step route and a faster one-step route. Traders can choose between a more structured evaluation or a speed-focused challenge.
The second advantage is account range. The 2-Step Professional pricing table lists account sizes from $5,000 to $500,000, giving IC Funded a wide range for traders comparing different simulated account balances.
The third advantage is that the official rules page is relatively direct about core metrics such as profit target, drawdown, leverage, news trading, Friday flattening, and profit split.
Cons
The first drawback is pricing clarity. IC Funded’s official page is dynamic, and only the selected $5K 2-Step price was clearly visible in the extracted page text. For the wider price table, readers need to rely on third-party databases or verify directly at checkout.
The second drawback is that the 1-Step Accelerated route has tight drawdown limits: 3% daily drawdown and 6% overall drawdown. That makes it a faster route, but not necessarily a forgiving one.
The third drawback is that the accounts are simulated. The account size is not real capital in the trader’s custody, and passing an evaluation does not automatically remove all payout, compliance, or rule requirements. IC Funded’s terms also state that passing an evaluation does not guarantee a funded account.
Is IC Funded Legit?
IC Funded appears to be a real prop trading-style evaluation brand with published rules, terms, and a visible evaluation structure. Its own documents clearly state that the service is simulated and does not provide investment services, financial advice, or trading recommendations.
That transparency is useful, but “legit” does not mean risk-free. Traders still pay real fees, can breach accounts, and must meet KYC, trading behavior, payout, and compliance requirements.
IC Funded Review: Editorial Verdict
IC Funded is a straightforward prop trading evaluation provider with two main routes: 2-Step Professional and 1-Step Accelerated.
The 2-Step Professional Program is the better value route on price. It starts at $74 for a $5,000 simulated account and scales up to $2,999 for a $500,000 simulated account in the Propinder pricing table. It uses a 10% Step 1 target, 5% Step 2 target, and wider drawdown rules than the one-step account.
The 1-Step Accelerated Program is the faster route. It uses one phase, a 10% target, 3% daily drawdown, 6% overall drawdown, and a 45% consistency rule. The lowest visible 1-Step price is $154 for a $10,000 simulated account.
From an editorial standpoint, IC Funded is strongest for traders comparing a cheaper, more structured two-step evaluation against a faster but tighter one-step account. The account range is wide, the rules are clear enough to compare, and the profit split is competitive at 80/20.
The main caution is that IC Funded’s accounts are simulated, not real deposited capital. The headline account size should not be confused with money the trader owns or can withdraw. The true comparison points are the challenge fee, profit target, drawdown structure, consistency rules, payout requirements, and whether the trader can stay disciplined under the firm’s risk framework.