IC Funded Review: 1-Step, 2-Step and Instant Funded Plans and Rules
IC Funded is a proprietary trading evaluation provider registered in Gros-Islet, Saint Lucia, running simulated CFD evaluations on MetaTrader 5 and cTrader. It is not a broker and does not hold client deposits: every stage, evaluation and funded alike, takes place on demo accounts that track live market conditions. The firm runs three separate routes to a funded simulated account, which it calls 2-Step Professional, 1-Step Accelerated and Instant Funded, priced from $74 to $2,999. It carries a Trustpilot score of 3.0 from 146 reviews and a PropFirmMap score of 4.6 with a safety grade of D. This review covers all sixteen plans, the rules attached to each route, and how the pricing sits against three comparable CFD firms in our database. Every figure below was verified against IC Funded's own pricing page on 14 August 2026.
The three routes and what they cost
IC Funded separates its catalogue by evaluation style rather than by account size alone, and the three routes do not share a size ladder. The 2-Step Professional route is the widest, running seven sizes from $5,000 to $500,000. The 1-Step Accelerated route offers four sizes and starts at $10,000, so there is no $5,000 entry point on the faster route. Instant Funded covers five sizes and stops at $100,000.
| Account size | 2-Step Professional | 1-Step Accelerated | Instant Funded |
|---|---|---|---|
| $5,000 | $74 | Not offered | $109 |
| $10,000 | $125 | $154 | $164 |
| $25,000 | $249 | $309 | $363 |
| $50,000 | $449 | $469 | $544 |
| $100,000 | $689 | $809 | $909 |
| $200,000 | $1,275 | Not offered | Not offered |
| $500,000 | $2,999 | Not offered | Not offered |
All three routes are one-time payments and all three end at the same 80/20 profit split in the trader's favour. The pricing gap between routes is consistent: at $100,000, skipping the second evaluation phase costs $120 more, and skipping evaluation altogether costs $220 more than the two-step route. At $10,000 the same three-way spread is $125, $154 and $164.
Rules, and how they differ by route
The drawdown rules are where the three routes genuinely diverge, and the differences are larger than the price differences suggest.
On 2-Step Professional, phase one asks for a 10% profit target against a 4% daily drawdown and an 8% maximum drawdown. Phase two halves the target to 5% but loosens both limits, to a 5% daily and a 10% maximum drawdown, which then carry through to the funded stage. Leverage is up to 1:50 and each evaluation phase requires 3 active trading days.
On 1-Step Accelerated, there is a single 10% target, but the risk envelope is tighter throughout: a 3% daily drawdown and a 6% maximum drawdown during evaluation, moving to 3% and 7% once funded. Leverage is capped lower, at up to 1:30. Traders who take the faster route accept a 3% daily and 7% maximum drawdown once funded, against 5% and 10% on the two-step route.
Instant Funded has no profit target and no evaluation phase. It replaces them with a 3% end-of-day equity daily drawdown and a 5% end-of-day equity maximum drawdown that locks at the starting balance, plus three position-level constraints: risk per trading idea capped at 1.5% of real-time balance, no cap on risk per single trade, and maximum margin exposure of 75%. IC Funded also applies a 20% consistency rule to this route.
Several rules apply across all three routes. A stop-loss is not mandatory. News trading is allowed during evaluation but restricted to a three-minute window either side of high-impact events once funded. Positions cannot be held over the weekend on any route. Leverage is set per asset class rather than as a single number: Forex up to 1:50, indices, metals and energies up to 1:20, and crypto up to 1:2.
Before a first payout, IC Funded requires 5 profitable days, and it defines a profitable day as one closing with a gain of at least 0.5% of the initial starting balance. A day that closes profitably but below that threshold does not count toward the five. The challenge fee is refunded after the third payout, not the first, so the refund sits several payout cycles away from the purchase.
Strengths
- Three genuinely distinct evaluation routes rather than one programme with size variants, including an instant route with no profit target at all.
- MetaTrader 5 and cTrader are both provided at no additional cost, and account credentials are typically issued within a few minutes of purchase.
- Multiple funded accounts are permitted, up to a $500,000 total allocation per trader, and the profit split is a flat 80/20 with no scaling condition attached.
Limitations
- The Trustpilot score is 3.0 from 146 reviews, and Trustpilot's own review summary identifies payment as the theme drawing the most negative feedback, specifically rejected withdrawal requests and delays.
- Weekend holding is prohibited on every route, which rules out swing strategies that carry positions across the weekend gap.
- The fee refund is gated to the third payout and the first payout itself is gated behind 5 qualifying profitable days, so the effective break-even point is well past the evaluation.
How it compares
Measured at the $100,000 two-step plan, IC Funded's $689 sits in the middle of the comparable CFD firms in our database. The table below uses PropFirmMap's recorded figures for each firm.
| Firm | $100K 2-step price | Profit split | Payout cycle | Trustpilot | Safety grade |
|---|---|---|---|---|---|
| IC Funded | $689 | 80% | Bi-weekly | 3.0 (146) | D |
| Alpha Trader Firm | $700 | 100% | Bi-weekly | 4.8 (396) | B+ |
| FundYourFX | $659 | 95% | Weekly | 3.8 (100) | B+ |
| Orion Funded | $629 | 80% | Bi-weekly | 4.6 (1,725) | B+ |
The comparison is not flattering on price. Alpha Trader Firm charges $11 more at the same account size and advertises a 100% profit split against IC Funded's 80%. FundYourFX charges $30 less, pays weekly rather than bi-weekly, and advertises a 95% split. Orion Funded charges $60 less at the identical 80% split and the same bi-weekly cycle, with a Trustpilot score of 4.6 across 1,725 reviews. On the two headline commercial terms, price and split, IC Funded is not leading this group, and all three comparators currently hold a higher safety grade.
Where IC Funded differs is structural rather than commercial. None of the three comparators runs three parallel evaluation routes with separate drawdown regimes, and IC Funded's $5,000 entry at $74 is a lower absolute entry cost than the group's $100,000 pricing implies. The firm also runs on IC Markets infrastructure, which is the association most frequently cited by its own reviewers as the reason they tried it.
Verdict
IC Funded is a reasonable fit for traders who want to choose their own evaluation shape rather than accept a single format, and who intend to trade intraday. The 2-Step Professional route is the most permissive on drawdown once funded, at 5% daily and 10% maximum, and it is the only route reaching $200,000 and $500,000. The 1-Step Accelerated route suits traders confident enough to hit 10% inside a 3% daily and 6% maximum drawdown envelope. Instant Funded suits traders who would rather pay a premium than sit an evaluation, provided the 20% consistency rule and the 75% margin exposure ceiling fit their approach.
It is a poor fit for swing traders, since no route permits weekend holding, and for anyone who needs a fast return on the challenge fee, since the refund arrives after the third payout. The 3.0 Trustpilot score with payment as the leading negative theme is the single figure most worth weighing against the flexibility on offer, and it is why the firm carries a safety grade of D in our database despite a competitive price ladder.
Sources, all verified 14 August 2026: plan pricing and rules from icfunded.com/pricing; payout conditions, refund terms and leverage by asset class from icfunded.com/evaluations; platform and account rules from icfunded.com/faqs; rating and review count from Trustpilot. Comparator figures are PropFirmMap database records.
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