In the IC Funded challenge, the drawdown structure depends on the type of evaluation you choose. For the Two-Step challenge, the maximum drawdown is fixed, meaning it stays at a set level based on your starting balance and does not adjust as you make profits. In contrast, the One-Step challenge uses a trailing drawdown, which means the drawdown level increases as your account reaches new high balances, locking in gains and tightening the risk threshold as you progress. This key difference affects how you manage your trades and risk throughout the evaluation.

Two separate risk limits that serve different purposes in the IC Funded challenge.

The daily drawdown is the maximum amount you are allowed to lose in a single trading day. It is usually calculated based on the previous day's ending balance or the starting balance of the current day. If your losses or open equity drawdown exceed this limit at any point during the day, you will breach the account.

On the other hand, the maximum drawdown refers to the total amount of loss you're allowed over the entire course of the challenge or funded phase. In the Two-Step challenge, this is a fixed value based on your initial balance. In the One-Step challenge, it is trailing, adjusting upward as your account hits new highs.

In short, daily drawdown limits how much you can lose in one day, while maximum drawdown limits how much you can lose overall. Both must be respected to stay in the challenge or retain your funded account.

A Profitable Day is defined as a day where your closed positions generated a positive profit of at least 0.5% of the initial balance.

In the IC Funded evaluation process, achieving consistent profitability is key. To meet the Minimum Profitable Day criteria, traders must generate a net profit of at least 0.5% of the initial account balance. This must be achieved on at least three separate days during the evaluation phase.

Once you’ve successfully met all the trading objectives in the IC Funded evaluations program, you’ll receive a notification on your dashboard confirming your completion. At this point, you’re not required to continue trading the account, as your objectives have been marked as passed. Your certificate can be easily accessed through the certificate page located on the left-hand side of your dashboard.

During the evaluation process, you can track your progress and evaluate your performance through your personal dashboard. We have developed a comprehensive dashboard that breaks down each metric and your overall progress, providing a clear and detailed view of your trading activities.

No, you do not need to purchase an Evaluation to access our educational content. However, registration is required to utilize these resources. We offer a range of resources including webinars with experts, tutorials, market data, and news updates to support your trading education and decision-making process.

Upon successfully passing your Evaluation, you’ll have the option to either choose the IC Funded account with the same balance as your Evaluation account or increase your Evaluation account balance at no extra cost. If you decide to complete the Evaluation again with the increased account balance, you’ll face the same decision: either elevate your Evaluation account to the next higher balance or opt for the IC Funded account. Please note that the maximum allocation will be $500,000.

Please be aware that copy trading across multiple accounts is prohibited. If we detect any copy trading activities on your Challenge or trading account, it will be regarded as a violation of our trading rules, and your account(s) may be disabled.

Yes, you can access IC Funded's educational resources before starting the evaluation process to better prepare and enhance your skills.

Yes, educational support continues even after you complete the evaluation process. You will still have access to our educational content, and we are constantly updating our materials to ensure they remain relevant and useful for your trading development.

Yes, you are welcome to interact with other traders within our platform. We offer a community chat where traders can collaborate, share insights, and progress together. This forum provides a professional environment for you to engage with peers and enhance your trading strategies.

Clients are permitted to purchase multiple evaluations, however, only one account can be active at any given time.

IC Funded’s services are available to individuals who are at least 18 years old and reside in countries where such services are legally permitted. Users must ensure their activities comply with local laws and regulations and must not use tools like VPNs to bypass restrictions.

The IC Funded Challenge is open to participants from a wide range of countries worldwide. We aim to support and discover talented traders globally. However, due to regulatory restrictions and business decisions, the availability of the Challenge may vary in certain jurisdictions.

We do not accept traders from the U.S.A, Canada, Australia, New Zealand, Hong Kong, Belarus, Burma (Myanmar),Belgium,Spain, Afghanistan, Central African Republic, Congo (Democratic Republic of), Crimea (including Donetsk and Luhansk regions), Ethiopia, Eritrea, North Korea, Russia, Cuba, Iran, Iraq, Lebanon, Libya, Syria, Sudan, Somalia, Mali, Venezuela, Yemen, and Zimbabwe.

IC Funded is managed by a team of professionals with expertise in the trading and financial industry. Our foundational principles are honesty, transparency, and unwavering support for the trading community.

Our aim is to ensure a positive and secure trading environment for all our clients.

When trading a Funded Account, you are treated as an independent contractor by the prop firm. As a result, you are responsible for reporting any and all taxes on your gains to your local authorities.

The IC Funded challenge is structured into two distinct phases, each with its own set of objectives and limitations. During Phase 1, participants are tasked with achieving a profit target of 10%. However, they must carefully manage their trading activities and risk management to ensure they do not exceed the daily loss limit of 5% or the maximum loss limit of 10% of their initial account balance.

Progressing to Phase 2, the requirements slightly shift, focusing on a profit target of 5%. Despite the reduced profit goal, the daily and maximum loss limits remain consistent with Phase 1, at 5% and 10% respectively.

Phase 1:

• Profit Target: 10%
• Daily Breach: 5%
• Maximum Breach: 10%
  

Phase 2:

• Profit Target: 5%
• Daily Breach: 5%
• Maximum Breach: 10%

We do not charge any fees for withdrawing. However while IC Funded does not impose withdrawal fees, intermediary banks or financial institutions processing your withdrawal may have their own fee structures. These external fees are determined by the respective banks or institutions and are not under the control of IC Funded. We recommend consulting with your bank or financial provider to understand any potential charges you may incur during the withdrawal.

You must abstain from engaging in any trading practices that are explicitly forbidden by the Company or its partner Brokers. Prohibited trading practices encompass a variety of actions, such as:

• Exploiting pricing errors or delays on the Broker’s platform.
• Using confidential or insider information for trading decisions.
• Engaging in front-running or trading that may compromise the Company’s relationship with a Broker or lead to trade cancellations.
• Trading in ways that might cause regulatory complications for the Broker.
• Applying any third-party or widely marketed strategies designed specifically to pass assessment accounts.
• Switching strategies between the assessment phase and the funded phase, as deemed inappropriate by the Company who provides the funded account.
• Holding or trading Single Share Equity CFDs around the time of an earnings announcement, with strict timing requirements for closing such positions.
• Entering Equity CFD trades at the close of a trading day with the aim of capitalizing on overnight market gaps.
• Attempting to arbitrage between assessment accounts or with accounts from other entities.
• Any trading activity that the Company, at its sole discretion, identifies as prohibited, can lead to immediate termination from the program and potential forfeiture of fees paid.

Prior to granting a Funded account, the Company will review your trading activity to ensure compliance with these rules. Any detected Prohibited Trading will disqualify you from receiving a Funded account. Moreover, the Company retains the absolute right to prevent any trader from participating in the program if deemed necessary.

Your gain split can be transferred to you via standard bank wire, Skrill, or through various cryptocurrency options. Notably, no commission fees are imposed on these withdrawal transactions.

Our risk management system is directly integrated with the trading accounts we issue. This integration enables us to monitor your trading activities and performance continuously, ensuring adherence to guidelines and recognizing accomplishments. Consequently, it’s essential for you to utilize the trading account provided by us to ensure seamless performance tracking and compliance monitoring.

By default, the gain split for IC Funded accounts is scheduled monthly. Yet, traders have the autonomy to request profit distributions on-demand, post a 14-day period from the date of initial trade.

To proceed to the next phase of the IC Funded Evaluation Challenge, it’s essential to meet these criteria:

Complete a Minimum of 5 Trading Days: You must actively trade on at least five different days within your trading cycle.

Execute a Minimum of 5 Trades: Along with the minimum trading days, you are required to execute at least five separate trades during your cycle.

Yes, EAs (Expert Advisors) are allowed as long as they are not used for copy trading, you own the source code, and they do not cause hyperactivity.

An account is considered to be hyperactive when the number of server requests exceeds 3,000 messages per day; therefore, you may receive an email notification.

Server requests usually come about as a result of an EA being left active or not correctly optimized. This results in the creation of server messages such as:

• “open order”
• “close order”
• “pending order”
• “no money”

A soft breach involves the closure of any trades that contravene established rules, yet allows you to persist with your trading activities in either your Assessment or Live Account. On the other hand, a hard breach is triggered by infringing upon critical parameters like the Daily Loss Limit or Max Drawdown. Such violations are considered severe; a hard breach during the Assessment phase leads to failure, while in a Live Account, it results in the revocation of account privileges.

While IC Funded do not charge any withdrawal fee a minimum net profit of $20 is required for bank wire transfers and $50 for crypto payouts to ensure the transaction costs are adequately covered.

We only allow one active account per user, therefore, merging accounts is not permitted.

The expenses associated with the IC Funded Evaluation, including the development and maintenance of our trading platform infrastructure and educational resources. The fee amount varies depending on the chosen IC Funded Evaluation, corresponding to the simulated account balance. Additionally, it covers the creation of various applications and content aimed at enriching your learning journey.

Upon payment of the fee, you gain access not only to the IC Funded Evaluation and the simulated trading environment but also to our content designed to augment your learning experience.

You cannot incur losses beyond the evaluation fee. Furthermore, the fee is refunded to traders with their first Profit Split from an IC Funded Account, following successful completion of the Evaluation process.

Your gain split can be transferred to you via standard bank wire, Skrill, or through various cryptocurrency options. Notably, no commission fees are imposed on these withdrawal transactions.

To participate in the IC Funded Challenge, traders must be at least 18 years old.

Successful traders who pass the Challenge and become funded are required to undergo a Know Your Customer (KYC) verification process.

Unfortunately, we do not permit this strategy in our Evaluations because it prevents replicating the trades in the Funded accounts.

Clients who pass the two-step evaluation successfully will be eligible to receive a refund of the fee upon their first withdrawal from the funded account after 30 days.

No. IC Funded is not a broker or holds client’s deposits.

We provide a simulated trading environment through a virtual account. Upon completion of our evaluation program, traders are acknowledged for their proficiency and are awarded a certification, symbolizing their readiness and capability to manage a funded trading account.

Throughout every stage, the trader engages with a simulated trading setup.

The IC Funded program is a two-phase evaluation designed for traders to demonstrate their skill in managing a virtual trading account. Successful participants are granted access to a funded trading account, with varying levels of capital based on their performance in the challenge.