Saint Lucia
MT5
Quantower
ATAS
DeepChartsLast verified: September 28, 2026. This review is based on IQ Capital’s published rules, pricing, and program details. Check IQ Capital’s latest terms, pricing, and eligibility before purchasing.
1. IQ Capital Verdict: Score, Pros, Cons & Who It Fits
IQ Capital provides a broad selection of trading programs, but its rules and payout conditions make the overall experience more restrictive than the headline profit split suggests.
The firm may suit traders who value multi-asset access and flexible account options, while traders prioritizing simple rules and fewer payout restrictions may need to compare its terms carefully with other prop firms.
We reviewed IQ Capital’s published rules, pricing, account structures, and payout policies, then compared them with trader feedback on Trustpilot, Reddit, and other trading forums.
1.1. Our Ratings
| Category | Score | Why |
|---|---|---|
| Evaluation Structure | 8.5/10 | Clear 30-day evaluation with multiple account types and no minimum trading days on Core challenges. |
| Drawdown & Risk Design | 8/10 | EOD drawdown and position-loss rules are clearly defined, while soft breaches offer some protection against immediate account closure. |
| Trading Conditions | 8/10 | News, overnight, and weekend trading are broadly allowed, but the 15-second scalping rule and restrictions on automation limit some strategies. |
| Payouts | 7.5/10 | Core offers a competitive 90/10 split, but the 50% withdrawal rule, payout caps, and Rapid’s five-payout limit reduce flexibility. |
| Trust & Reputation | 8/10 | IQ Capital has a strong Trustpilot rating and positive support feedback, although some reviews mention account-rule and payout disputes. |
| Platforms & Execution | 7.5/10 | The firm supports CFD, and futures trading across multiple platforms, but availability varies by product and the execution rules require careful checking. |
Pros & Cons Analysis
Pros
- 90/10 profit split on Core accounts from the first dollar
- Soft-breach system can keep the account active after certain violations
- No daily loss limit on Core CFD accounts
- No minimum trading days for Core challenges
- CFD, crypto, and futures available under one brand
- Multiple active accounts across Core and Rapid programs
- News trading is allowed according to the Help Center
Cons
- Payouts are capped by account size and reward number
- Only up to 50% of profits can be withdrawn per request
- Core funded accounts have a 0.5% position-loss limit
- EOD trailing drawdown applies until the first payout
- Rapid accounts use an 80/20 split and close after five payouts
- Automated trading (EAs/Bots) and Copy trading are strictly prohibited
- Corporate and jurisdiction information is inconsistent across official pages
1.2. Who IQ Capital Fits
IQ Capital fits traders who:
- Want CFD and futures under one provider.
- Prefer a 90/10 profit split and no daily loss limit on Core CFD/Crypto accounts.
- Can manage the 0.5% position-loss limit on funded Core accounts.
- Prefer flexible account options and do not rely on very short-term or automated strategies.
- Can leave part of their profits in the account because withdrawals are limited to 50% per request.
IQ Capital is a weaker fit if you:
- Need to withdraw all available profits after each profitable period.
- Rely on ultra-short-term scalping, bots, copy trading, or latency-based strategies.
- Prefer simple, unrestricted position sizing.
- Place high importance on clear and consistent corporate or jurisdiction information.
2. What Is IQ Capital?
IQ Capital is a proprietary trading firm offering simulated trading evaluations and funded-account programs across Forex/CFD, and futures. Its main programs include Challenge, Instant Funding, Funded (Core), and IQ Elite.
| Founded | 2025 |
|---|---|
| CEO | Christoph Radecker |
| Headquarters | LC (Saint Lucia) |
| Focus | Multi-asset proprietary trading and simulated evaluations |
| Main programs | Challenge, Instant Funding, Funded (Core), and IQ Elite |
| Education | Not a primary focus; the firm provides trading evaluations and funded-account programs |
| Funding model | Traders complete simulated evaluations or choose Instant Funding; selected traders can progress to funded accounts, with IQ Elite offering access to real capital |
3. IQ Capital Programs & Pricing After Discount
3.1. $9 Welcome Gift Program
IQ Capital currently advertises a $9 Welcome Gift for a $50K Core Position Loss account. The AMORF coupon reduces the one-time challenge fee to $9.
After passing, the applicable account may involve additional fees, including a $39 reset fee, $129 funded activation fee, and $19 monthly funded fee. Confirm the exact fees and product at checkout.
The $9 offer is a promotional entry offer rather than a standard Core pricing tier.
80% OFF
Save 80% on every account, plus a $9 entry to the $50K Core Futures challenge.
3.2. Programs & Pricing After Discount
IQ Capital lists one-time fees for its Core, Rapid, and Instant Funding products. Prices are promotional and may change. The table below reflects the product-specific pricing currently shown on the official pricing page.
CFD/Crypto
| Program | Account Size | Regular Price | After discount | You Save | Maximum Accounts |
|---|---|---|---|---|---|
| Core | $50K | $199 | $40 | $159 | 10 |
| Core | $100K | $445 | $89 | $356 | 10 |
| Core | $200K | $999 | $200 | $799 | 10 |
| Rapid | $50K | $675 | $135 | $540 | 5 |
| Rapid | $100K | $1,125 | $225 | $900 | 5 |
| Instant Funding | $50K | $1,745 | $349 | $1,396 | 10 |
| Instant Funding | $100K | $3,495 | $699 | $2,796 | 10 |
Futures
| Program | Account Size | Regular Price | After discount | You Save | Maximum Accounts |
|---|---|---|---|---|---|
| Core | $50K | $245 | $49 | $196 | 10 |
| Core | $100K | $475 | $95 | $380 | 10 |
| Rapid | $50K | $675 | $135 | $540 | 5 |
| Rapid | $100K | $1,125 | $225 | $900 | 5 |
| Instant Funding | $50K | $1,745 | $349 | $1,396 | 10 |
| Instant Funding | $100K | $3,495 | $699 | $2,796 | 10 |
3.3. Core vs. Rapid vs. Instant Funding
These three routes mainly differ in how traders access funding, the profit split, and the consistency requirement. Detailed trading and payout rules are covered in Section 4.
| Feature | Core | Rapid | Instant Funding |
|---|---|---|---|
| Route | 30-day evaluation, then funded account | 30-day evaluation, then Rapid funded account | Skip the evaluation and activate directly |
| CFD/Crypto sizes | $10K, $50K, $100K, $200K | $50K and $100K | Product-specific; verify checkout |
| Evaluation required | Yes | Yes | No |
| Consistency rule (challenge) | None | 40% | 30% |
| Profit split | 90% trader / 10% firm | 80% trader / 20% firm | 90% advertised |
| Payout model | Standard funded account | Faster payout route | Product-specific |
Core has no consistency requirement, while Rapid applies a 40% consistency rule and Instant Funding applies a 30% rule. These requirements can materially affect how profits need to be distributed across trading days, so they should be considered alongside the account’s drawdown and payout conditions.
If you are weighing Instant Funding against a standard evaluation, compare the total cost in our guide on instant funding vs challenge prop firms.
4. IQ Capital Trading Rules
IQ Capital runs two markets, CFD, Forex & Crypto and Futures, and each has its own products and rules. Find your market’s table below, then use the sections that follow for detail. Figures use a $50K account as the reference size.
4.1. CFD, Forex & Crypto
| Product | Loss limit | Max Position Loss | EOD drawdown | Consistency (Challenge → Funded) | First payout | Split · Max payouts |
|---|---|---|---|---|---|---|
| Core CFD/Crypto | No DLL | 1% per position (0.5% funded) | $3,000 | None → 30% | After 10 active days | 90/10 · No limit |
| Rapid CFD/Crypto | No DLL | 1% per position | $2,000 | 40% → None | After 1 active day | 80/20 · Max 5 |
| Instant Funding (no Challenge) | No DLL | 5% ($2,500) | 30% | After 10 active days | 90/10 |
CFD, Forex & Crypto-specific rules:
- Sizes: Core 10K–200K (drawdown $600 at $10K, $6,000 at $100K, $10,000 at $200K). Rapid and Instant Funding: $50K and $100K.
- Positions can be held overnight and over the weekend. Swap/rollover costs apply.
- Soft breaches (two allowed before a hard breach) close the position but keep the account open. They apply to per-position loss violations only. Breaching the EOD drawdown is an immediate hard breach.
4.2. Futures
| Product | Loss limit | EOD drawdown | Consistency (Challenge → Funded) | First payout | Split · Max payouts |
|---|---|---|---|---|---|
| Core Futures (Position-Loss) | No DLL · 1% per position (0.5% funded) | $3,000 | None → 30% | After 10 active days | 90/10 · No limit |
| Core-DLL Futures | DLL $1,000 · no position cap | $2,000 | None → 30% | After 10 active days | 90/10 · No limit |
| Rapid Futures 1D | DLL applies (1 soft violation allowed) | $2,000 | 40% → None | After 1 active day, then daily | 80/20 · Max 5 |
| Rapid Futures 3D | No DLL | $2,000 | 40% → 40% | 3 active days per cycle, then every 3 days | 80/20 · Max 5 |
| Instant Funding (no Challenge) | Position-Loss (0.5%) or DLL model | 5% ($2,500) | 30% | After 10 active days | 90/10 · No limit |
Futures-specific rules:
- Max contracts: 5 minis / 50 micros at $50K (10 / 100 at $100K). Sizes: $50K and $100K.
- Intraday only: positions must be flat at the end of each session, with no overnight or weekend holding.
- Soft breaches (two allowed before a hard breach) apply to per-position loss violations only. Confirm whether Core Futures (Position-Loss) is covered [VERIFY]. The DLL products do not use a position cap.
Rules that apply to every product
- Each payout request is limited to 50% of total profits. The official Help Center confirms a maximum of $1,500 per request at $50K.
- At least 50% of trades and 50% of profit must come from trades held longer than 15 seconds.
- Bots and copy trading are prohibited.
5. IQ Capital Restricted Countries & Eligibility
Q Capital accepts clients in many jurisdictions but maintains a specific restricted-country list based on sanctions, regulatory requirements, and compliance considerations. Eligibility should be checked before registration because the list can change.
5.1. Restricted Countries List
IQ Capital currently lists 23 restricted countries or territories:
| Country | Country | Country |
|---|---|---|
| Afghanistan | Belarus | Central African Republic |
| Crimea (Ukraine) | Cuba | Democratic Republic of the Congo |
| Donetsk People’s Republic (Ukraine) | Eritrea | Iran |
| Iraq | Libya | Luhansk People’s Republic (Ukraine) |
| Mali | Myanmar (Burma) | Nicaragua |
| North Korea | Russia | Somalia |
| South Sudan | Sudan | Syria |
| Venezuela | Yemen |
If a country is not listed as accepted, the company instructs users to contact support to confirm eligibility.
The company also prohibits accessing its services from a restricted jurisdiction through a VPN or other circumvention tool. It states that this can lead to account termination and forfeiture of funds.
5.2. Age, KYC, and Eligibility
| Requirement | IQ Capital’s published terms |
|---|---|
| Minimum age | 18 years old |
| KYC | May be required |
| AML compliance | Applies where requested |
| Restricted countries | 23 jurisdictions listed |
| VPN circumvention | Prohibited |
IQ Capital’s Terms require users to be at least 18 and legally capable of entering binding contracts. The company also reserves the right to request identity-verification documents for KYC and AML compliance and may restrict or terminate access if the requirements are not met.
5.3. Jurisdiction and Legal Entity
IQ Capital’s current legal pages identify the brand differently across documents:
- The Imprint identifies Beyond IQ Capital Ltd. with a registered office in Saint Lucia.
- The Risk Disclosure identifies Beyond Boring Education Services FZCO as the company operating the brand in the UAE.
- The Terms of Use state that the Terms are governed by UAE law and that disputes fall under the exclusive jurisdiction of the courts in Dubai.
Because these official pages currently identify different corporate entities, do not present the Saint Lucia and UAE entities as though they are confirmed to be the same legal entity.
The available documents also do not establish that IQ Capital itself is licensed as a regulated financial-services provider. The Risk Disclosure describes IQ Capital as a proprietary trading firm rather than an investment-services provider.
5.4. VPN and Sanctions Policy
IQ Capital says its restricted-jurisdiction policy is based on international sanctions, regulatory requirements, and compliance considerations. It reserves the right to update the list without prior notice. Accessing the service from a restricted jurisdiction through a VPN or other circumvention method is prohibited.
6. IQ Capital Funded Accounts and Growth Plan
IQ Capital offers two main routes to funded trading: Core evaluation accounts and Instant Funding. Successful funded traders can also progress to the firm’s IQ Elite program.
6.1. Funded vs. Instant Funding
| Feature | Core Funded | Instant Funding |
|---|---|---|
| Entry | 30-day Challenge | No evaluation |
| Activation | After passing | Immediate |
| Maximum drawdown | 6% on 10K–100K; 5% on $200K | 5% |
| Profit split | 90/10 | 90/10 |
| First payout | After 10 active days | After 10 active days |
| Maximum accounts | 10 | 10 |
Core requires passing the Challenge before activation. Instant Funding skips the evaluation and starts directly with a funded account.
6.2. IQ Elite
IQ Elite is an invitation-only real-capital program for selected Funded traders. IQ Capital states that Elite accounts trade real capital, with selection handled by its risk team.
| Feature | IQ Elite |
|---|---|
| Access | Invitation only |
| Capital | Real capital |
| Profit split | 90/10 |
| Payouts | Up to 100% of profits weekly |
| Drawdown | Fixed, based on qualifying Funded accounts |
| Starting balance | $0 |
The Elite allocation can scale to $500K+ through published checkpoints. Existing Funded accounts are deactivated when a trader moves to Elite. Exact risk limits and allocation terms are determined by IQ Capital’s risk team.
7. IQ Capital Payouts & Profit Split
IQ Capital does not offer Performance Rewards during the evaluation. Payout eligibility begins after the account reaches the applicable funded-stage requirements. The payout rules differ between Core, Rapid CFD/Crypto, and Rapid Futures, including the profit split, active-day requirement, payout caps, and maximum number of payouts.
7.1. Profit Split and Withdrawal Caps
IQ Capital applies a 90/10 split to Core funded accounts and an 80/20 split to Rapid accounts. The split applies to the requested Performance Reward, not to the total profit remaining in the account. All programs also limit each Performance Reward to 50% of total profits, with the remaining profit retained as a trading buffer.
| Program | Account | Profit Split | Reward 1–2 | Reward 3–4 | Reward 5+ | Max Payouts |
|---|---|---|---|---|---|---|
| Core / Core-DLL | $10K | 90/10 | $500 | $500 | $500 | No limit |
| Core / Core-DLL | $50K | 90/10 | $1,500 | $2,000 | $2,500 | No limit |
| Core / Core-DLL | $100K | 90/10 | $2,000 | $2,500 | $3,000 | No limit |
| Core / Core-DLL | $200K | 90/10 | $3,000 | $3,500 | $4,000 | No limit |
| Rapid CFD/Crypto | $50K | 80/20 | $1,000 | $1,500 | $1,500 | 5 |
| Rapid CFD/Crypto | $100K | 80/20 | $1,500 | $2,000 | $2,000 | 5 |
| Rapid Futures 1D | $50K | 80/20 | $1,000 | $1,500 | $1,500 | 5 |
| Rapid Futures 1D | $100K | 80/20 | $1,500 | $2,000 | $2,000 | 5 |
| Rapid Futures 3D | $50K | 80/20 | $2,000 | $2,000 | $2,000 | 5 |
| Rapid Futures 3D | $100K | 80/20 | $2,000 | $3,000 | $3,000 | 5 |
Note: The progressive ladder shown above is reported by multiple secondary review sites and trader sources. The current official Help Center only confirms the maximum payout per request by account size ($1,500 for $50K, $2,000 for $100K, $3,000 for $200K). Always verify the exact cap in your account dashboard.
7.2. Payout Schedule and Eligibility
| Program | First Payout Eligibility | Payout Frequency | Consistency | Other Payout Conditions |
|---|---|---|---|---|
| Core / Core-DLL | After 10 active trading days | After eligibility, according to the payout schedule | None → 30% | Profit target met; scalping rule; no more than 2 position-loss violations |
| Rapid CFD/Crypto | After 1 active trading day | After eligibility | 40% → None | Scalping rule; no more than 2 position-loss violations |
| Rapid Futures 1D | After 1 active trading day | Every day | 40% → None | Scalping rule; maximum 1 DLL violation |
| Rapid Futures 3D | After 3 active trading days per cycle | Every 3 days | 40% → 40% | Scalping rule; no DLL |
7.3. Payout Methods and Processing
| Item | Published Policy |
|---|---|
| Crypto payout | USDC via ERC-20 |
| Bank transfer | Available |
| Core payout frequency | Daily payouts after 10 active days |
| Rapid CFD/Crypto | Eligible after 1 active day |
| Rapid Futures 1D | Every day |
| Rapid Futures 3D | Every 3 days |
| Minimum Performance Reward | No minimum |
| 50% withdrawal rule | Maximum 50% of total profits per request |
| Remaining profit | Stays in the account as a trading buffer |
IQ Capital’s main website currently advertises daily payouts after 10 active days for the standard funded route and states that payouts are received every business day.
It also advertises a 48-hour payout guarantee with an average processing time of three hours. The product-specific Help Center pages confirm USDC via ERC-20 and bank transfer as Performance Reward methods.
If payout speed is your main filter, check the daily payout prop firms we track.
8. IQ Capital Platforms, Markets & Trading Costs
IQ Capital offers different platforms and markets depending on the product.
8.1. Platforms and Markets
| Market | Platforms | Markets |
|---|---|---|
| CFD / Crypto | MetaTrader 5 (MT5), Volumetrica | Forex, indices, commodities, and crypto |
| Futures | Quantower, Tradovate, ATAS, Deepchart | Indices, bonds, commodities, forex futures, and crypto |
8.2. Trading Costs
| Cost | Published Information |
|---|---|
| CFD/Crypto extension fee | $5 per funded account/month |
| Futures extension fee | $19 per funded account/month |
| Trading commissions | Vary by market and platform |
| Spreads and slippage | Apply according to the trading conditions |
| Market data | Depends on the product and platform |
| Swaps / overnight costs | Product and market dependent |
Last checked: September 2026. Check the applicable product and platform conditions for current trading costs before trading.
9. IQ Capital Reviews: Trustpilot, Reddit & Support
This section summarizes customer feedback from Trustpilot and Reddit, with user reviews treated as anecdotal evidence rather than independently verified findings.
9.1. Trustpilot
As of late September 2026, IQ Capital has a 4.7/5 Trustpilot rating based on roughly 500+ reviews. Most reviews were posted within the last 12 months. Trustpilot also states that IQ Capital invites customers to leave reviews and has not replied to negative reviews.
These are individual customer experiences and should not be treated as independently verified findings. In particular, claims about execution problems or payout issues reflect reviewers’ accounts rather than established facts.
9.2. Reddit
Reddit discussion around IQ Capital remains limited, but several 2026 threads contain direct user experiences. Feedback is mixed and should be treated as anecdotal rather than representative.
- r/PropFirmTester – August 2026: One user reported that a friend had $200K in Futures allocation across four $50K accounts, while another user later described receiving multiple payouts and highlighted the impact of the Max Position Loss rule, particularly because spread, slippage, and fees count toward the limit.
- r/propfirm – May 2026: Users discussed the additional funded activation fee and monthly fee after passing a challenge. Other commenters noted that these fees were disclosed in the terms, showing differing views on how clearly the post-pass costs were communicated.
Overall: The Reddit feedback is too limited to establish a broad consensus. The most recurring IQ Capital-specific points are payout experiences, support responsiveness, and the strict Max Position Loss rule. These comments should complement, not replace, IQ Capital’s official rules and payout documentation. (Reddit)
Last checked: September 2026. Prices, payout rules, and account conditions can change.
10. IQ Capital vs. FTMO, FundedNext, Topstep & Apex
We compare the $50K Futures accounts of IQ Capital Core, FTMO Futures Growth, FundedNext Rapid Pro, Topstep Standard, and Apex EOD using terms published in September 2026.
| Feature | IQ Capital Core $50K | FTMO Futures Growth $50K | FundedNext Rapid Pro $50K | Topstep Standard $50K | Apex EOD $50K |
|---|---|---|---|---|---|
| Evaluation Fee | From $49 (promo) one-time | $119 / month | From $149.99 (promo) one-time | $49 / month + $149 activation | From $49-$147/month (recurring until passed) + $85-$140 activation fee |
| Profit Target | $3,000 (6%) | $3,000 (6%) | $3,000 | $3,000 (6%) | $3,000 |
| Evaluation Drawdown | EOD trailing 2,000–3,000 (by plan) | EOD trailing $2,000 | EOD trailing $2,000 | Trailing MLL $2,000 | EOD trailing $2,000 |
| Daily Loss Limit | $1,000 on DLL plan; none on Position-Loss | Soft $1,000 (funded) | None (optional $1,000 add-on) | Optional $1,000 | $1,000 |
| Minimum Trading Days | None | None (eval) | None | None (eval) | None |
| Consistency | None in Challenge; 30% funded | 40% evaluation only | None in Challenge; 40% funded | Path-dependent (funded) | None in evaluation |
| Profit Split | 90/10 | 90/10 | 90/10 | 90/10 | 100% early profits then 90/10 |
| Payout Requirement | 10 active trading days | 4 qualifying days | 3-day reward cycle | 5 winning days of $150+ | 5 qualifying days |
| Payout Cap | $1,500 – $2,500 (Progressive ladder) | $2,500 | 1,200–1,500 per request | 2,000–3,000 | Progressive (up to $3,000) |
| Fee Model | One-time | Monthly subscription | One-time | Monthly + activation | One-time + activation |
| Soft Breach | Yes (2 soft → 3rd hard) | Soft DLL only | No | No | No |
10.1. Key Differences at $50K
- IQ Capital Core: Lowest one-time entry among the group (from $49 promo). Offers a true soft-breach system and two risk models (Position-Loss or Daily Loss Limit). 90/10 split with 10 active trading days for rewards.
- FTMO Futures Growth: Monthly subscription model with strong brand reliability. Soft daily loss limit on funded accounts and a clear $2,500 payout cap.
- FundedNext Rapid Pro: Fast evaluation (possible 1-day pass) and relatively quick payout cycles. One-time fee with optional DLL add-on.
- Topstep: Established US futures specialist. Subscription + activation fee structure with a clear path toward live capital.
- Apex EOD: Frequently the lowest promotional evaluation cost. 100% split on early profits, but limited to a fixed number of payouts per account.
Note: Soft-breach functionality remains a clear differentiator for IQ Capital. Most peers either close the account on the first hard breach or only offer limited soft daily-loss handling.
For side-by-side pages, see Topstep vs Apex Funding and FundedNext vs FTMO
Last checked: September 2026. Always verify current terms on the official websites of each firm before purchasing.
11. IQ Capital FAQ
For Core funded accounts, IQ Capital currently states that payouts become available after 10 active trading days. Its current public page describes payouts as available every business day after that requirement, subject to the applicable payout rules and caps.
A Soft Breach closes the violating position while keeping the Funded/Instant account active. A Hard Breach disqualifies the account. IQ Capital currently advertises two forgiven breaches before a hard breach.
IQ Capital’s current site indicates that weekend holding is allowed for its applicable trading products, but trading-hour policies differ by market. Check the specific CFD/Crypto or Futures rules before holding a position through a market close.
IQ Capital currently states no minimum payout requirement.
IQ Capital advertises payouts within 48 hours, with an average processing time of around 3 hours. This is subject to the applicable eligibility and payout conditions.
The current FAQ lists a $5 monthly management fee for each CFD/Crypto funded account and $19 for each Futures funded account.
IQ Capital currently advertises up to 10 accounts simultaneously for its standard offering, with product-specific limits shown on the pricing pages.
The current contact page identifies Beyond IQ Capital Ltd. in Saint Lucia, while the Risk Disclosure identifies Beyond Boring Education Services FZCO in the UAE. Because the legal documents identify different entities, this should be presented carefully rather than reduced to a single jurisdiction.
12. Conclusion
IQ Capital may suit traders who prioritize flexible account access and a simple Core structure, but the overall fit depends on how well the firm’s risk and payout conditions match the trader’s strategy.
Before purchasing, review the specific product rules, payout terms, fees, and legal documentation for the account you intend to use. These conditions can differ across Core, Rapid, Instant Funding, CFD/Crypto, and Futures products.
If you trade futures, compare the best futures prop firms before you buy. For the wider shortlist, use the best prop firms.
