For traders aiming to access substantial capital without the financial risk, IC Funded offers an intriguing solution. With its two-phase evaluation model and partnership with IC Markets, it provides a compelling opportunity for traders to showcase their skills. But is it the right choice for you? In this review, we’ll break down what makes IC Funded unique, how its funding model works, and what traders need to know before signing up. We’ll also cover its pros and cons, trader experiences, and how it stacks up against other prop firms.
What is IC Funded?
IC Funded is a proprietary trading firm that allows traders to manage accounts ranging from $5,000 to $500,000. Instead of requiring traders to put up their own money, it offers access to capital based on performance in a structured evaluation process. Unlike many prop firms, IC Funded removes time constraints from its evaluation, letting traders progress at their own speed.
The firm’s affiliation with IC Markets enhances trading conditions, ensuring tight spreads, fast execution, and a broad selection of tradable assets. It’s designed for traders who want to prove their skills without external pressures, making it an attractive choice for those looking to trade professionally without large upfront investments.
How IC Funded’s Evaluation Works
IC Funded has a two-step verification process that traders must pass to access funded accounts:
Phase 1: Profitability and Risk Control
- Target: Achieve 10% profit.
- Limits: Maximum 5% daily drawdown, 10% overall drawdown.
- Strategy: Traders must demonstrate disciplined risk management and profitability.
Phase 2: Proving Consistency
- Target: Reach a 5% profit.
- Rules: Maintain the same drawdown restrictions.
- Long-term Stability: Ensures traders can sustain performance over time.
Since there is no time limit, traders can focus on making well-planned, calculated moves instead of rushing to meet arbitrary deadlines. This approach allows for more strategic and disciplined trading.
Funding Tiers and Costs
IC Funded has multiple funding levels, ensuring accessibility for different trading styles and financial situations:
- $5,000 Account – $49
- $10,000 Account – $99
- $50,000 Account – $289
- $100,000 Account – $499
- $250,000 Account – $1,249
- $500,000 Account – $2,498
Importantly, these fees are refundable upon successful completion of the evaluation, meaning successful traders don’t have to worry about upfront costs eating into their profits. The refund policy sets IC Funded apart from many competitors, as it ensures that traders don’t lose their initial investment if they succeed.
Key Features That Make IC Funded Stand Out
1. Flexible Trading Conditions
IC Funded’s no-time-limit approach allows traders to work at their own pace, reducing pressure and enabling a focus on risk management and strategy. This is ideal for traders who prefer long-term, methodical growth over short-term risk-taking.
2. Diverse Trading Instruments
- Forex pairs
- Indices
- Commodities
- Equities
This variety provides opportunities for traders with different strategies and market preferences, making IC Funded suitable for those looking to diversify their trading approaches.
3. Competitive Profit Sharing
- First month: 75% trader profit share.
- After the first month: 80% profit share.
Compared to many firms that cap trader earnings at 50-70%, this is a lucrative model for consistent traders. It ensures that successful traders can maximize their earnings without sacrificing too much of their profits to the firm.
4. Trading Platform Choice
IC Funded supports MetaTrader 4, MetaTrader 5, and cTrader, ensuring compatibility with different trader preferences. Whether you prefer algorithmic trading, manual execution, or technical analysis tools, IC Funded has an option for you.
5. Risk Management: The Rules You Need to Know
IC Funded enforces risk limits that keep traders accountable while promoting responsible trading. These include:
- 5% max daily drawdown to prevent overleveraging.
- 10% total drawdown to maintain long-term viability.
While these restrictions may feel strict, they align with professional trading practices and encourage a disciplined approach. They also ensure that traders develop habits necessary for long-term profitability.
Support and Trader Resources
One standout feature is IC Funded’s commitment to trader development. Whether through:
- Webinars with industry experts.
- Market insights and analysis.
- Educational resources tailored for traders at different levels.
- 24/5 customer support for technical and account-related questions.
Traders have access to the tools they need to continuously improve and navigate the platform effectively. The firm’s commitment to education and support enhances traders’ chances of success.
Real Trader Experiences
IC Funded has already seen success stories from traders who have transitioned from personal trading to managing six-figure accounts. Many users appreciate the flexibility, transparency, and support that the firm offers. Testimonials from real traders highlight the ease of the evaluation process and the firm’s fair profit-sharing structure.
Who Should Consider IC Funded?
IC Funded is an excellent choice for:
- Experienced traders who want access to large capital without risking their own money.
- Forex and index traders looking for tight spreads and reliable execution.
- Serious traders ready to commit to structured risk management.
- Part-time traders who need a flexible evaluation structure that fits their schedule.
Pros and Cons of IC Funded
Pros:
- No time limit on evaluation.
- High profit split (up to 80%).
- Refundable fees upon passing evaluation.
- Strong trading infrastructure through IC Markets.
- Wide selection of tradable instruments.
Cons:
- Strict risk parameters that may challenge some traders.
- Limited educational content compared to some competitors.
- No scaling plan beyond the $500,000 funding limit.
Final Thoughts
IC Funded is a standout option in 2025 for traders seeking a flexible, well-structured, and transparent prop trading firm. The no-time-limit evaluation, competitive profit sharing, and access to IC Markets make it a solid pick for serious traders ready to level up their careers. If you’re confident in your trading skills and want a fair shot at managing substantial capital, IC Funded is worth considering.
For those looking for a prop firm that rewards discipline, offers clear risk management, and provides access to large funding, IC Funded remains a top-tier choice in 2025. Whether you’re a seasoned professional or an ambitious trader looking to grow, this firm provides a fair and rewarding opportunity to prove yourself.