IC Funded

Evaluation Phases

IC Funded offers two types of evaluation models:

• 1-Step Evaluation: Traders must meet a single profit target to qualify for funding.
• 2-Step Evaluation: Traders need to complete two phases – achieving separate profit targets in each step

There is a minimum trading days requirement: at least 5 trading days per evaluation.

The time limit is unlimited: traders may take as long as needed to pass the phases (no fixed deadline).

Profit Targets

• 1-Step Evaluation: Requires a 10% profit target to pass.
• 2-Step Evaluation: Phase 1: 10% profit target, Phase 2: 5% profit target.

Drawdown Rules

• Maximum Daily Loss: 5% of the account balance.
• Maximum Overall Loss: 6% for the 1-Step Evaluation, 10% for the 2-Step Evaluation.

In the 1-Step variant (if IC offers it), the drawdown becomes trailing rather than fixed – meaning it moves upward as you grow the account. 

Strategy Rules

• VPN & VPS Usage: The firm does not provide specific rules regarding VPNs, VPSs, or IP address consistency. Traders may use these tools at their discretion but should avoid suspicious activity or sudden IP changes without notice.
• Hedging: No explicit information is provided on hedging permissions. Traders are advised to confirm with IC Funded support before employing any hedging strategies between accounts.
• Expert Advisors (EAs): EAs are allowed under strict conditions. The EA cannot be used for copy trading across accounts and the trader must own the full source code to ensure transparency and compliance. 
• Copy Trading: Copying trades across multiple accounts, whether within IC Funded or across other prop firms, is strictly prohibited.
• Arbitrage: Engaging in latency arbitrage, exploiting pricing delays, or taking advantage of broker data feed errors is not allowed.
• News Trading: No specific restrictions are stated, but traders should exercise caution during high-impact events. Any unreplicable or manipulative use of news volatility may be considered a policy violation.
• Weekend Holding: Positions can be held over the weekend.
• Inactivity Policy: Accounts inactive for 30 days will be closed.

Profit Split

Traders begin with a 75% profit share, which can increase to 80% after completing the first payout.

Payout Frequency

Payouts are processed bi-weekly (every 14 days) for funded accounts.

Withdrawal Requirements

• All open positions must be closed before a withdrawal request
• The trader must comply with all trading rules to be eligible.
• Profit split increase (from 75% to 80%) is contingent on successfully completing the first payout.

Scaling Plan

• IC Funded allows scaling up to $500,000 in capital.
• After passing a challenge, you can either begin trading at the size you passed or attempt a higher-tier challenge at no additional cost to expand capital.
• The scaling path maintains or increases your profit share as you progress.

If you like, I can simplify this into a short summary or table for easier comparison with other firms you’re evaluating.