ICFundedTrader Review — Prop Firm Payouts

Affiliate disclosure: some links on this page are affiliate links and may earn us a commission at no extra cost to you. Rankings and tracked data are never affected by commercial partnerships.

OVERVIEW

ICFundedTrader

review

ICFundedTrader is a proprietary trading firm operated by Finocom Services LTD, integrated directly with IC Markets liquidity feeds, offering 1-Step and 2-Step evaluations with capital scaling up to $500,000.

Our verdict

4.0

★★★★★ · PropFirm score

150

ICFundedTrader stands out for exact IC Markets execution feeds and a genuine 100% evaluation fee refund on first profit withdrawal. The trade-off is a complete ban on crypto trading and geographical restrictions covering the US, Canada, Australia, and Hong Kong.

Payout speed & reliability

4.3

Rule fairness & clarity

3.9

Challenge value

4.2

Platform & data feed

4.6

Support & payout UX

4.1

About the firm

Who ICFundedTrader is, how the model works, and what you're actually trading.

ICFundedTrader provides simulated trading accounts reflecting IC Markets Global live pricing. Successful traders transition to funded accounts and earn up to 80% profit shares with full evaluation fee refunds.

Firm type

Forex, Indices & Commodities Prop Firm

Operating since

May 2025

Markets

Forex (Majors, Minors, Exotics), Indices, Commodities (Gold, Silver, Oil), Equities (no crypto)

Platforms

MT4 / MT5 / cTrader (IC Markets)

Data feed

IC Markets Global Live ECN Liquidity

Funding model

Simulated capital, real money payouts

Payout rails

Crypto (USDT, BTC, ETH), Bank Wire Transfer

Country availability

Global — restricted in US, Canada, Australia, HK

The team — who's behind it?

Andrew Budzinski

Founder & Managing Director

Founded IC Markets in 2007 to bridge the gap between retail and institutional trading. He leads the broader corporate vision and institutional infrastructure that powers ICFundedTrader.

icfundedtrader

#16A34A

The challenges they sell

$5K

$29.75

$500 (10%)

$250 (5%)

$300 (6%)

One-Step

icfundedtrader

20:1 Leverage

Rebuy discount

75% → 80%

Single evaluation, IC Markets raw execution, 6% Trailing DD, 75% - 80% split

Firms often sell more than one challenge, and each can carry its own pricing, targets and — crucially — its own rules. ICFundedTrader offers two: a one-step and a two-step plan. Switch between them to compare exactly what you're buying.

Which size to buy? Bigger accounts give more buying power but a proportionally wider target — drawdown room per dollar of target is similar across tiers. Most traders start at 50K or 100K. Figures are illustrative; confirm current numbers on the firm's own site.

$5K

$49

P1: $500 / P2: $250

$250 (5%)

$500 (10%)

2-Step

icfundedtrader

50:1 Leverage

5 per phase

Rebuy discount

75% → 80%

2-step route, 10% Max drawdown, 50:1 Leverage, 75% - 80% split

$10K

$59.50

$1,000 (10%)

$500 (5%)

$600 (6%)

One-Step

icfundedtrader

20:1 Leverage

Rebuy discount

75% → 80%

$10K

$99

P1: $1,000 / P2: $500

$500 (5%)

$1,000 (10%)

2-Step

icfundedtrader

50:1 Leverage

5 per phase

Rebuy discount

75% → 80%

$25K

$148.75

$2,500 (10%)

$1,250 (5%)

$1,500 (6%)

One-Step

icfundedtrader

20:1 Leverage

Rebuy discount

75% → 80%

$25K

$149

P1: $2,500 / P2: $1,250

$1,250 (5%)

$2,500 (10%)

2-Step

icfundedtrader

50:1 Leverage

5 per phase

Rebuy discount

75% → 80%

$50K

$297.50

$5,000 (10%)

$2,500 (5%)

$3,000 (6%)

One-Step

icfundedtrader

20:1 Leverage

Rebuy discount

75% → 80%

Hidden rules & fine print

3 Profitable Days Requirement [KNOW THIS]

Passing requires logging at least 3 "Minimum Profitable Days" (net gain of 0.5% of balance or more per day).

Complete Ban on Cryptocurrency Trading [STRICT]

Crypto trading is strictly unavailable across all accounts and platforms.

Prohibited EA Strategies [STRICT]

EAs are allowed only if the trader owns the source code; public commercial copy bots, latency arbitrage, or high-frequency spamming void the account.

Platform Commissions [STANDARD]

MT4/MT5: $3.50/lot round-turn; cTrader: $3/side per $100K ($6/lot round-turn); Indices: $0 commission.

100% Fee Refund [TRADER-FRIENDLY]

Evaluation entry fees are fully refunded upon achieving the first profit payout.

Who this firm is best for — and not

Who ICFundedTrader works best for — and who should look elsewhere.

✓ Best for

IC Markets Traders who want exact raw spread execution on MT4, MT5, or cTrader.
Risk Managers favoring a 10% static drawdown on 2-Step accounts.
Learners seeking mentorship, streams, and study-trade-earn video guides.

✕ Not the best fit

Crypto Traders (crypto instruments are 100% omitted).
Traders residing in US, Canada, or Australia due to jurisdiction bans.
Plug-and-play EA bot users.

Payout terms

Profit split

75% – 80%

Payout schedule

Bi-weekly / Monthly

First payout eligibility

Bi-weekly payouts

Minimum withdrawal

$20 Bank Wire / $150 Crypto

Payout method

Crypto (USDT, BTC, ETH), Bank Wire Transfer

Consistency rule

Drawdown model

Trailing & static, by plan

Platforms

MT4 / MT5 / cTrader (IC Markets)

Recent tracked payouts

No items found.

Strengths & trade-offs

✓ What PropFirm likes

IC Markets execution feeds ensuring real-market spreads.
Multi-platform choice: MT4, MT5, and cTrader.
100% evaluation fee refund on first profit withdrawal.
Scaling up to $500,000 in capital allocation.

! Worth checking

Zero cryptocurrency trading assets available.
Geographical bans enforce restrictions on US, Canada, Australia, and HK traders.
6% trailing drawdown limit on 1-Step challenges.