If you’re thinking about trading with a prop firm and IC Funded caught your eye, you’re not alone.
They’ve been making noise in the trading world lately. But is it just hype, or is there real value here?
Let’s break it down in simple terms – like we’re chatting over coffee in this full review of IC Funded.
IC Funded Review
IC Funded is a proprietary trading firm (also called a prop firm).
In plain English, that means they let you trade with their money. If you do well, you get to keep a cut of the profits.
Here’s how it works: You pay a fee to take a challenge. If you hit the profit targets without breaking the rules, you “pass.”
After that, they give you a real funded trading account. You trade with their capital, and if you make money, you keep a percentage of it.
Simple idea – hard to pull off, but definitely possible.
A lot of traders use IC Funded because it gives them a chance to scale up without risking their own savings.
You can get access to a $100,000 or even $200,000 account, which is way more than most people can afford to trade with.
How Does the IC Funded Challenge Work?
To get funded by IC Funded, you have to go through a challenge first. This isn’t just a demo. It’s a test to see if you can trade responsibly and profitably.
The challenge usually has two phases. In Phase 1, you need to hit a profit target – typically 10% – while staying within drawdown limits (like not losing more than 5% in a day).
If you pass, you move on to Phase 2, where the profit target is usually 5%.
Once you pass both phases, you get a real funded account.
What’s nice here is that IC Funded doesn’t put a time limit on how long you have to pass the challenge.
That’s a big deal. Most firms give you 30 days or less. With IC Funded, you can take your time and trade at your own pace.
Key Features That Make IC Funded Stand Out
No Time Limits on Challenges
You can trade slowly and carefully – something not many prop firms allow.
This takes a lot of pressure off, especially for swing traders or anyone with a patient style.
Fast Payouts
You can request your first payout just 7 days after getting funded, which is way faster than many competitors.
After that, payouts are available weekly.
This alone has attracted a lot of experienced traders who are tired of waiting 30+ days for their first withdrawal.
High Profit Splits
IC Funded offers up to 95% profit split, depending on your performance.
Most traders start with an 80/20 split (you keep 80%, they get 20%), and if you do well, it can go up from there.
That’s one of the most generous models around.
Scaling Up to $1.5 Million
If you’re consistently profitable, you can apply for more capital. IC Funded has a scaling plan that lets you build up to a $1.5 million account over time.
That’s serious money.
Account Types at IC Funded
You don’t have to use a one-size-fits-all setup. IC Funded offers multiple account options depending on how aggressive or conservative you want to be.
Standard Two-Phase Challenge
This is their most popular option. It has two steps and gives you plenty of time to trade.
- Profit target: 10% in Phase 1, 5% in Phase 2
- Max daily loss: 5%
- Overall loss limit: 10%
It’s balanced – not too easy, not impossible.
One-Phase Challenge
For more advanced traders, this skips Phase 2 entirely. The profit target is a bit higher (usually 10%), but you can get funded faster.
It’s riskier, but if you know what you’re doing, it can be worth it.
Instant Funding (Coming Soon)
IC Funded has teased instant funding with no challenge at all. This would let traders jump straight into a live account after paying a higher fee. It’s not live yet, but it’s something to watch.
Comparison Table: IC Funded vs Others
| Feature | IC Funded | FTMO | MyForexFunds (Pre-closure) |
| Time Limit on Challenge | No | Yes (30 days) | Yes (30 days) |
| First Payout | 7 days | 30 days | 14 days |
| Max Account Size | $1.5 million | $400K per account | $600K |
| Profit Split | Up to 95% | Up to 90% | 80% |
| Trustpilot Rating | 4.6/5 | 4.8/5 | 3.2/5 |
IC Funded stacks up well, especially with the payout speed and scaling options.
What Traders Are Saying About IC Funded
Real users have been generally positive. The company has a 4.6 out of 5 rating on Trustpilot as of March 2025.
One trader said, “I passed the two-phase challenge and got paid within the first week of trading. Everything was smooth.”
Another mentioned, “The no time limit rule is perfect for my style. I don’t feel rushed to force trades anymore.”
On Reddit, you’ll find similar reviews in trading communities. Most praise the payout speed and fair rules.
There are some complaints about the strict risk rules – but that’s normal for any prop firm.
Is IC Funded Good for Beginners?
Honestly, probably not. If you’re still learning the ropes of trading, this might be too much too soon.
Prop firms don’t give second chances often, and you have to pay for each challenge attempt.
You’ll want to already have a strategy, understand risk management, and know how to keep your emotions in check.
For intermediate or advanced traders, though, this can be a game changer.
Tips for Passing the IC Funded Challenge
Passing the challenge takes more than luck. Here are a few things that help:
First, stick to one strategy. Don’t jump between systems hoping to find the “magic” one mid-challenge.
Second, never risk more than 1-2% of your account per trade. Keeping your losses small is the only way to survive long enough to win.
Finally, don’t force trades. Wait for solid setups, and stay patient.
According to FTMO, over 80% of traders fail prop firm challenges on their first try. The odds aren’t great, but they improve if you’re smart and disciplined.
Transparency and Security
IC Funded works with verified brokers and uses secure payment methods. They also run a public Telegram group where funded traders chat, share success, and ask questions.
They don’t promise get-rich-quick results, and they make it clear that passing the challenge isn’t guaranteed.
That honesty is rare in this space.
So, Who Is IC Funded Best For?
IC Funded is best for traders who:
- Already have a solid trading plan
- Want access to larger capital
- Prefer to trade without time pressure
- Like fast payouts and fair profit sharing
If that sounds like you, you’ll probably feel right at home.
On the flip side, if you’re a beginner or tend to blow accounts fast, this might not be the best place to start. Practice more first, then come back when you’re ready.
Frequently Asked Questions
Is IC Funded Legit or A Scam?
Yes, IC Funded is legit. They’re a registered proprietary trading firm with a growing community of real funded traders.
They’ve received strong reviews across platforms like Trustpilot (4.6/5 rating as of March 2025) and have a transparent process for challenges, funding, and payouts.
Just remember – like any prop firm, they make money from challenge fees, so it’s on you to trade well and follow the rules.
How Long Does It Take to Get Paid from IC Funded?
You can get your first payout just 7 days after receiving your funded account. After that, payouts are available weekly.
This is one of the fastest payout systems among prop firms, which is why many experienced traders prefer IC Funded over slower competitors.
Can Beginners Apply for IC Funded Challenges?
Technically, yes – but it’s not recommended unless you already know how to trade.
IC Funded is designed for traders who have experience, a working strategy, and know how to manage risk.
If you’re brand new, you’ll likely lose the challenge fee without much to show for it. Practice on a demo account first, and come back when you’re confident in your skills.
What Makes IC Funded Different from Other Prop Firms?
Several things set IC Funded apart:
• No time limits on passing the challenge
• Fast payouts (starting in 7 days)
• Profit splits up to 95%
• Scaling up to $1.5 million
• A simple, trader-focused setup without overcomplicated rules
These features make it a strong choice for serious traders who want flexibility and solid profit potential.
Final Thoughts: Is IC Funded Legit and Worth Trying?
Based on our research and trials, yes, IC Funded is legit – and for many traders, it’s absolutely worth trying.
They’ve built a system that rewards real skill. The no time limit, fast payouts, and 95% profit split put them ahead of many competitors.
Are there challenges? Of course. Trading isn’t easy. But if you have the discipline, this firm can give you the tools to trade big without risking your own savings.
If I had a solid track record and wanted to scale up, I’d absolutely give IC Funded a shot. It’s not a magic fix, but it’s a smart path for serious traders looking to level up.