Name

IC Funded

Legal name

IC Funded Evaluations Ltd

Website

https://icfunded.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Proprietary Trading Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Managed Accounts, Separately Managed Accounts (SMA) & Funds Platforms (Crypto) (FSADAHAM)

akta.pro secondary industries

Algorithmic Trading & Execution Platforms (FSAFANAN), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL)

Keywords

• Prop trading firm
• Funded trader accounts
• Trading evaluation programs
• Forex prop firm
• Simulated trading challenges

Headquarters

HQ city

Reduit

HQ country

St. Lucia

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Challenge Evaluation Fees: Traders pay a one-time challenge fee to purchase an evaluation program. Fees vary by account size (e.g., 2-Step $5,000 challenge costs $74). Fees are non-refundable except under specific conditions (no trading activity, refund request within 14 days). Challenge fee refunds are issued after the third payout has been processed.
2. Profit Split (Analyst Performance Fee): In the funded stage, IC Funded retains 20% of generated profits while the trader keeps 80%. This is described as an 'analyst performance fee'. Initially, some sources mention a 75/25 split for the first month, transitioning to 80/20 thereafter.
3. Affiliate Program Commissions: Affiliates earn commissions based on monthly Net Revenue generated by referred customers. Tiers range from 10% (Bronze: $0–$7,500) to 15% (Platinum: $75,000+). First purchase commission plus 2% recurring commission on subsequent purchases by the same customer.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

IC Funded is a proprietary trading evaluation firm that offers retail traders a simulated trading challenge to access funded trading accounts. Traders select an evaluation program (1-Step Accelerated or 2-Step Professional) and an account size from $5,000 to $500,000, pay a one-time challenge fee, and must meet defined profit targets and risk management rules to unlock a funded account. Once funded, traders operate with the firm's capital and keep up to 80% of generated profits via bi-weekly payouts.

Product overview

IC Funded is a proprietary trading evaluation firm offering a simulated trading environment where traders can access funded accounts by completing evaluation challenges. The core offering consists of the IC Funded Challenge with two program types: the 1-Step Accelerated Program (faster funding route) and the 2-Step Professional Program (phased evaluation). Account sizes range from $5,000 to $500,000. Successful traders receive funded accounts with up to 80% profit split. Supporting offerings include the Insights Education Hub with blog posts and tutorials, an Affiliate Program with tiered commissions, a user Dashboard for performance tracking, and Real-Time Spreads data. Trading execution is provided through partnerships with IC Markets and MetaTrader 5 platform.

Differentiator

Problem solved

Functional benefit

Products and services

• IC Funded Challenge Simulated trading evaluation program where traders must meet profit targets and risk management criteria across defined phases to unlock a funded trading account, available in 1-Step Accelerated and 2-Step Professional variants with account sizes from $5,000 to $500,000.
• 1-Step Accelerated Program A faster path to funding requiring traders to achieve a 10% profit target with 3% daily drawdown and 6% overall drawdown limits, minimum 3 trading days, and a 45% consistency rule.
• 2-Step Professional Program A structured two-phase evaluation: Phase 1 requires 10% profit target with 4% daily drawdown and 8% overall drawdown; Phase 2 requires 5% profit target while maintaining risk parameters before receiving funded account access with 80/20 profit split.
• Funded Trading Account Trading account granted after successfully completing the evaluation challenge. Traders can trade with the firm's capital while keeping up to 80% of generated profits, with bi-weekly payouts and no profit cap.
• IC Funded Insights (Education Hub) Educational resource platform offering blog posts, tutorials, news updates, and podcasts covering trading fundamentals, technical and fundamental analysis, risk management, trading psychology, market types, and trading strategies.
• Affiliate Program Partnership program allowing affiliates to promote IC Funded services in exchange for commission based on tiered revenue share structure (Bronze 10%, Silver 12.5%, Gold 14%, Platinum 15%) plus 2% recurring commission on customer repurchases.
• IC Funded Dashboard User portal for accessing evaluation tracking, trading performance metrics, account management, and KYC verification. Provides real-time access to challenge progress and funded account management.

Quantifiable outcome

• Up to $500,000 in funded capital per trader
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

One partnership is on record.

• IC MarketscoreTechnology or IntegrationIC Markets serves as the underlying broker providing trading infrastructure for IC Funded. IC Funded's evaluation and funded accounts are executed through IC Markets' trading environment (MetaTrader 5). The partnership is highlighted as leveraging IC Markets' established reputation and trading infrastructure. Customer testimonials confirm IC Markets is used as the broker, providing a familiar environment for existing IC Markets users.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The5ers: The5ers is an established proprietary trading firm with hyper-growth and high-stakes evaluation programs offering funded accounts up to $250K. It targets the same retail trader audience as IC Funded and competes on profit splits, scaling opportunities, and platform reliability.
• Topstep: Topstep is a US-based prop trading evaluation firm focused on futures contracts, offering Combine evaluations that lead to funded trading accounts. It targets the same retail trader audience seeking capital-funded trading opportunities, though its asset class focus is futures rather than FX/CFDs.
• E8 Funding: E8 Funding is a proprietary trading evaluation firm offering multiple challenge types (E8 Account, Track 1-step, Track 2-step) with funded accounts up to $300K. It is a direct competitor to IC Funded with overlapping target markets and product structure.
• FunderPro: FunderPro is a prop trading firm offering simulated evaluation challenges in forex and CFDs. It is a direct peer to IC Funded, with a notable leadership connection — IC Funded's General Manager Petros Kalaitzis was previously Deputy CEO at FunderPro.
• MyFundedFX: MyFundedFX is a prop firm offering evaluation challenges and funded accounts primarily in forex and CFDs via MetaTrader platforms. It directly mirrors IC Funded's product structure, broker partnerships, and target customer base of retail traders seeking capital.
• FTMO: FTMO is the largest and most established proprietary trading evaluation firm globally, offering simulated evaluation challenges and funded accounts in forex and CFDs. It is a direct competitor to IC Funded with a similar two-step evaluation model, profit-split economics, and target retail trader segment.
• FundedNext: FundedNext is a rapidly growing prop trading firm offering Stellar (1-step) and Evaluation (2-step) challenges with funded accounts up to $300K. It competes head-to-head with IC Funded on evaluation mechanics, account tiers, and trader-acquisition channels including affiliate programs.
• True Forex Funds: True Forex Funds (formerly Surge Trading) is a prop firm offering evaluation challenges and funded accounts in forex and CFDs. It directly competes with IC Funded on evaluation parameters, account sizing, and trader-acquisition channels.

Broad incumbents

• IC Markets: IC Markets is a globally established forex and CFD broker and the parent/strategic partner of IC Funded. It serves as the underlying execution broker for IC Funded's evaluations and funded accounts, providing brand credibility, trading infrastructure, and customer overlap.

Others

• MetaQuotes (MetaTrader 5): MetaQuotes is the developer of MetaTrader 5, the trading platform that IC Funded uses for evaluation and funded account execution. It is a key infrastructure provider whose platform capabilities (algo trading, copy trading, multi-asset) directly shape IC Funded's product experience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/IC_Funded
• YouTubeyoutube.com/@IC_Funded
• Facebookfacebook.com/people/IC-Funded/61556755858636
• LinkedInlinkedin.com/company/ic-funded
• Instagraminstagram.com/ic_funded

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IC Funded