Forex/CFD, Crypto, Futures
Tier B
Core / Rapid (1-step) / Instant Funding - on Futures and on CFD + Crypto
IQ Capital
Futures and CFD + Crypto firm with one-phase challenges you can pass in a day, an end-of-day trailing drawdown and up to a 90% split.
80% off all IQ Capital challenges and Instant Funding (IQ Capital's current sale)
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Best for
Crypto, CFD and futures traders who want a one-phase challenge with no minimum days and a drawdown that only moves at the New York close; CFD + Crypto runs on MT5.
Live discount codes
Apply at checkout for an instant discount.
Public — apply at checkout
PFDEALS
80% off all IQ Capital challenges and Instant Funding (IQ Capital's current sale)
Configure your challenge
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Phase rules, specific terms, all sizes for the variant you picked above. Updates as you change selection.
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At a glance
Account size
$50k – $200k
Payout split
90% on Core and Instant Funding (flat, no tiers); 80% on Rapid (fixed); IQ Elite 90%
Eval model
Core / Rapid (1-step) / Instant Funding - on Futures and on CFD + Crypto
Market
Forex/CFD, Crypto, Futures
EDUCATIONAL
Educational notes on this firm
Model-specific observations about their rules and mechanics. Educational only — not trading or investment advice.
…
⚠ HIDDEN GOTCHAS
What the marketing pages don't tell you
Specific quirks, fees, hidden rules, and operational catches we've found from FAQ deep-dives. Always verify with the firm before purchase.
Full rules
Key constraints that decide pass/fail. Verify on the firm's site — these change frequently.
Recommended pick
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Costs, payouts & platforms
What the account costs to run and how the money actually comes out — fees, payout timing and limits, scaling, and which platforms you can trade on.
Strengths & gotchas
Strengths
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Trading involves risk of capital loss. Past performance does not guarantee future results. This is not financial advice — verify firm rules before purchase.
IQ Capital — frequently asked questions
Does IQ Capital have a discount code?
Yes — use code PFDEALS for 80% off all IQ Capital challenges and Instant Funding (IQ Capital's current sale) at checkout. Firms rotate codes, so test it before paying; if it fails, check our codes page for the latest.
Is IQ Capital legit and safe?
IQ Capital holds an estimated Trustpilot rating of 4.7/5 from roughly 577 reviews. As with any prop firm, read the current rules and payout terms before buying, and start with a smaller account size.
Does IQ Capital have a consistency rule?
Challenge: none on Core; 40% best day on Rapid. Funded and Instant (Core, Instant Funding): best day at most 30% of total profit - if exceeded, 'your profit target automatically increases by the amount that was exceeded' (best day $300 means $1,000 total profit) - and the rule resets after each payout.
What is IQ Capital's profit split?
IQ Capital's profit split is 90% on Core and Instant Funding (flat, no tiers); 80% on Rapid (fixed); IQ Elite 90%.
Does IQ Capital allow EAs or trading bots?
Conditional: self-developed EAs are allowed with full source-code access; black-box or commercial bots, copy trading, signal services and HFT are banned - but the Terms of Use list 'Using bots or automated tools to access or trade on our platform' as prohibited.
IQ Capital at a glance
| Market | Forex/CFD, Crypto, Futures |
|---|---|
| Models | Core / Rapid (1-step) / Instant Funding - on Futures and on CFD + Crypto |
| Profit split | 90% on Core and Instant Funding (flat, no tiers); 80% on Rapid (fixed); IQ Elite 90% |
| Profit target | 6% ($3,000 / $6,000) · 8% ($4,000 / $8,000 / $16,000) · None - no evaluation, funded from day one |
| Max drawdown | $2,000 / $3,000 (50K/100K), end-of-day trailing, checked at the New York close; stops at the starting balance (funded: locks there after the first payout) · $3,000 / $6,000 (50K/100K)… |
| Daily loss limit | $1,000 / $1,500 (50K/100K) - the help centre calls hitting it a hard breach that closes the account (the plan card says the 1st breach is forgiven) · None - instead a Max Position Loss of… |
| Consistency rule | Challenge: none on Core; 40% best day on Rapid. Funded and Instant (Core, Instant Funding): best day at most 30% of total profit - if exceeded, 'your profit target automatically increases… |
| Min trading days | None - the challenge can be passed in one trading day · 3 · None to start; first payout after 10 active trading days |
| Payout schedule | Funded: every 10 days, first after 10 active trading days; max 50% of profit per request, capped $1,500 / $2,000 / $2,500 (50K) or $2,000 / $2,500 / $3,000 (100K) as payouts accrue… |
| EA / bots | Conditional: self-developed EAs are allowed with full source-code access; black-box or commercial bots, copy trading, signal services and HFT are banned - but the Terms of Use list 'Using… |
| News trading | Allowed - 'News trading is fully allowed. There are no additional restrictions or limitations around news events.' (help centre 15002105). |
| Weekend holding | CFD + Crypto: allowed - 'There are no restrictions on holding positions overnight or over the weekend.' (rules page); crypto trades 24/7 and CFD swaps apply. A help article adds that CFD… |
| Cheapest challenge | $324 |
| Trustpilot (estimate) | 4.7/5 from ~577 reviews |
IQ Capital plan rules, drawdown and payout terms
Every figure below is read from IQ Capital’s own published plan pages and re-checked 2026-10-17. Where a plan defers part of the fee, the balance is shown beside the price.
IQ Capital Core Futures Daily Loss rules
| Profit target | 6% ($3,000 / $6,000) |
|---|---|
| Daily loss limit | $1,000 / $1,500 (50K/100K) - the help centre calls hitting it a hard breach that closes the account (the plan card says the 1st breach is forgiven) |
| Max drawdown | $2,000 / $3,000 (50K/100K), end-of-day trailing, checked at the New York close; stops at the starting balance (funded: locks there after the first payout) |
| Drawdown type | trailing_eod |
| Min trading days | None - the challenge can be passed in one trading day |
| Consistency rule | None in the challenge; 30% best-day rule once funded (raises the payout target, resets after each payout) |
| Profit split | 90% |
| Payout rules | Funded: every 10 days, first after 10 active trading days; max 50% of profit per request, capped $1,500 / $2,000 / $2,500 (50K) or $2,000 / $2,500 / $3,000 (100K) as payouts accrue |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Not allowed - Futures are intraday only; open positions are closed automatically at 4:45 PM ET (22:45 CET) |
| Activation fee | $129 (50K) / $149 (100K), one-time after passing |
| Leverage | N/A - futures: max 5 minis / 50 micros (50K) or 10 minis / 100 micros (100K) |
| Time limit | 30 days; extend 30 days for $19 or access expires |
| Account size | Price |
|---|---|
| $50,000 | $245 + $129 on passing |
| $100,000 | $475 + $149 on passing |
IQ Capital Core Futures Position Loss rules
| Profit target | 6% ($3,000 / $6,000) |
|---|---|
| Daily loss limit | None - instead a Max Position Loss of 1% of the starting balance per market (0.5% funded): breaches 1-2 close the position, the 3rd closes the account |
| Max drawdown | $3,000 / $6,000 (50K/100K), end-of-day trailing, checked at the New York close; stops at the starting balance (funded: locks there after the first payout) |
| Drawdown type | trailing_eod |
| Min trading days | None - the challenge can be passed in one trading day |
| Consistency rule | None in the challenge; 30% best-day rule once funded (raises the payout target, resets after each payout) |
| Profit split | 90% |
| Payout rules | Funded: every 10 days, first after 10 active trading days; max 50% of profit per request, capped $1,500 / $2,000 / $2,500 (50K) or $2,000 / $2,500 / $3,000 (100K) as payouts accrue |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Not allowed - Futures are intraday only; open positions are closed automatically at 4:45 PM ET (22:45 CET) |
| Activation fee | $129 (50K) / $149 (100K), one-time after passing |
| Leverage | N/A - futures: max 5 minis / 50 micros (50K) or 10 minis / 100 micros (100K) |
| Time limit | 30 days; extend 30 days for $19 or access expires |
| Account size | Price |
|---|---|
| $50,000 | $195 + $129 on passing |
| $100,000 | $475 + $149 on passing |
IQ Capital Core CFD + Crypto rules
| Profit target | 8% ($4,000 / $8,000 / $16,000) |
|---|---|
| Daily loss limit | None - instead a Max Position Loss of 1% of the starting balance per market (0.5% funded): breaches 1-2 close the position, the 3rd closes the account |
| Max drawdown | $3,000 / $6,000 / $10,000 (50K/100K/200K) = 6% / 6% / 5%, end-of-day trailing; stops at the starting balance (funded: locks there after the first payout) |
| Drawdown type | trailing_eod |
| Min trading days | None - the challenge can be passed in one trading day |
| Consistency rule | None in the challenge; 30% best-day rule once funded (raises the payout target, resets after each payout) |
| Profit split | 90% |
| Payout rules | Funded: every 10 days, first after 10 active trading days; max 50% of profit per request, capped by payout number at $1,500-$2,500 (50K), $2,000-$3,000 (100K), $3,000-$4,000 (200K) |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Allowed - no overnight or weekend restriction (crypto trades 24/7, CFD swaps apply); platform maintenance may close swing trades |
| Activation fee | $129 (50K) / $149 (100K) / $999 (200K), one-time after passing |
| Leverage | Fixed per asset class: FX 50x, indices and commodities 25x, BTC/ETH/SOL 5x, other crypto 3x |
| Time limit | 30 days; extend 30 days for $5 or access expires |
| Account size | Price |
|---|---|
| $50,000 | $195 + $129 on passing |
| $100,000 | $499 + $149 on passing |
| $200,000 | $999 + $999 on passing |
IQ Capital Rapid Futures rules
| Profit target | 6% ($3,000 / $6,000) |
|---|---|
| Daily loss limit | None in the challenge; funded 'Daily' (1D) variant $1,000 / $1,500 - the 1st hit is a soft breach, the 2nd closes the account |
| Max drawdown | $2,000 / $3,000 (50K/100K), end-of-day trailing, checked at the New York close; stops at the starting balance |
| Drawdown type | trailing_eod |
| Min trading days | 3 |
| Consistency rule | 40% in the challenge; funded 'Classic' (3D) 40%, 'Daily' (1D) none |
| Profit split | 80% (fixed, no tiers) |
| Payout rules | 1D 'Daily': payouts every day, cap $1,000 then $1,500 (50K) / $1,500 then $2,000 (100K); 3D 'Classic': every 3 days, cap $2,000 (50K) / $2,000 then $3,000 (100K); max 5 payouts |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Not allowed - Futures are intraday only; open positions are closed automatically at 4:45 PM ET (22:45 CET) |
| Activation fee | None - 'Free activation and free retries.' (plan tooltip) |
| Leverage | N/A - futures: max 5 minis / 50 micros (50K) or 10 minis / 100 micros (100K) |
| Time limit | 30 days for the challenge; extend 30 days for $19 or access expires |
| Account size | Price |
|---|---|
| $50,000 | $675 |
| $100,000 | $1,125 |
IQ Capital Rapid CFD + Crypto rules
| Profit target | 6% ($3,000 / $6,000) |
|---|---|
| Daily loss limit | None - instead a Max Position Loss of 1% of the starting balance per market (0.5% funded): breaches 1-2 close the position, the 3rd closes the account |
| Max drawdown | $2,000 / $3,000 (50K/100K), end-of-day trailing, checked at the New York close; stops at the starting balance (funded: locks there after the first payout) |
| Drawdown type | trailing_eod |
| Min trading days | 3 |
| Consistency rule | 40% in the challenge; funded unclear - 40% per the Rapid CFD article, 'No' per the Rapid Crypto article, 'None' on the plan card |
| Profit split | 80% (fixed, no tiers) |
| Payout rules | Funded: payouts every day, first after 1 active trading day (another help article says 3); cap $1,000 then $1,500 (50K) / $1,500 then $2,000 (100K) from payout 3; max 5 payouts |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Allowed - no overnight or weekend restriction (crypto trades 24/7, CFD swaps apply); platform maintenance may close swing trades |
| Activation fee | None - 'Free activation and free retries.' (plan tooltip) |
| Leverage | Fixed per asset class: FX 50x, indices and commodities 25x, BTC/ETH/SOL 5x, other crypto 3x |
| Time limit | 30 days; extend 30 days for $5 (funded accounts too) or access expires |
| Account size | Price |
|---|---|
| $50,000 | $675 |
| $100,000 | $1,125 |
IQ Capital Instant Futures Daily Loss rules
| Profit target | None - no evaluation, funded from day one |
|---|---|
| Daily loss limit | $1,000 / $1,500 (50K/100K) - the help centre calls hitting it a hard breach that closes the account (the plan card says the 1st breach is forgiven) |
| Max drawdown | $2,000 / $3,000 (50K/100K), end-of-day trailing, checked at the New York close; locks at the starting balance after the first payout |
| Drawdown type | trailing_eod |
| Min trading days | None to start; first payout after 10 active trading days |
| Consistency rule | 30% best-day rule (raises the payout target, resets after each payout) |
| Profit split | 90% |
| Payout rules | Every 10 days; first payout after 10 active trading days |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Not allowed - Futures are intraday only; open positions are closed automatically at 4:45 PM ET (22:45 CET) |
| Activation fee | None |
| Leverage | N/A - futures: max 5 minis / 50 micros (50K) or 10 minis / 100 micros (100K) |
| Time limit | 30-day periods; extend for $19 per 30 days or access expires |
| Account size | Price |
|---|---|
| $50,000 | $1,745 |
| $100,000 | $3,495 |
IQ Capital Instant Futures Position Loss rules
| Profit target | None - no evaluation, funded from day one |
|---|---|
| Daily loss limit | None - instead a Max Position Loss of 0.5% of the starting balance per market: breaches 1-2 close the position, the 3rd closes the account |
| Max drawdown | $3,000 / $5,000 (50K/100K) per the help centre and FAQ - the plan card shows $6,000 on 100K; end-of-day trailing, locks at the starting balance after the first payout |
| Drawdown type | trailing_eod |
| Min trading days | None to start; first payout after 10 active trading days |
| Consistency rule | 30% best-day rule (raises the payout target, resets after each payout) |
| Profit split | 90% |
| Payout rules | Every 10 days; first payout after 10 active trading days |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Not allowed - Futures are intraday only; open positions are closed automatically at 4:45 PM ET (22:45 CET) |
| Activation fee | None |
| Leverage | N/A - futures: max 5 minis / 50 micros (50K) or 10 minis / 100 micros (100K) |
| Time limit | 30-day periods; extend for $19 per 30 days or access expires |
| Account size | Price |
|---|---|
| $50,000 | $1,745 |
| $100,000 | $3,495 |
IQ Capital Instant CFD + Crypto rules
| Profit target | None - no evaluation, funded from day one |
|---|---|
| Daily loss limit | None - instead a Max Position Loss of 0.5% of the starting balance per market: breaches 1-2 close the position, the 3rd closes the account |
| Max drawdown | $3,000 / $6,000 (50K/100K) = 6%, end-of-day trailing; locks at the starting balance after the first payout |
| Drawdown type | trailing_eod |
| Min trading days | None to start; first payout after 10 active trading days |
| Consistency rule | 30% best-day rule (raises the payout target, resets after each payout) |
| Profit split | 90% |
| Payout rules | Every 10 days; first payout after 10 active trading days |
| EA and trading bots | Conditional: self-built EAs with full source-code access only; black-box or commercial bots, copy trading, signals and HFT are banned - and the Terms of Use list 'bots or automated tools' as prohibited |
| News trading | Allowed - 'There are no additional restrictions or limitations around news events.' |
| Weekend holding | Allowed - no overnight or weekend restriction (crypto trades 24/7, CFD swaps apply); platform maintenance may close swing trades |
| Activation fee | None |
| Leverage | Fixed per asset class: FX 50x, indices and commodities 25x, BTC/ETH/SOL 5x, other crypto 3x |
| Time limit | 30-day periods; extend for $5 per 30 days or access expires |
| Account size | Price |
|---|---|
| $50,000 | $1,745 |
| $100,000 | $3,495 |
IQ Capital discount codes
PFDEALS— 80% off all IQ Capital challenges and Instant Funding (IQ Capital's current sale)
How to play IQ Capital
Core is the plan to buy: one phase, no minimum trading days and a drawdown that only updates at the New York close. Budget for the activation fee after you pass ($129 on 50K, $149 on 100K) and the $19 (Futures) or $5 (CFD + Crypto) fee for every 30 days the account runs. Pick Rapid only for daily payouts: it pays 80%, caps each payout and closes the account after the 5th one.
Things to know before you buy
- Every plan card shows the regular price struck through next to an 80%-off price (the page computes regular x 0.2, rounded) on all products and sizes; the flash-sale banner counts down to 18 Oct 2026…
- The card price is labelled 'one-time fee', yet challenge, funded and Instant accounts run in 30-day periods that cost $19 (Futures) or $5 (CFD + Crypto) to extend - the FAQ calls it a monthly…
- Futures renewal is $19 per 30 days on the plan cards and in the help centre but $39 / 30 days on the rules-page fee table and in the FAQ's inactivity answer; the help centre says older accounts are…
- Core charges a one-time activation fee after you pass - $129 (50K), $149 (100K) or $999 (200K CFD + Crypto) - while Rapid activation is free and Instant Funding has none.
- Max drawdown is end-of-day trailing and only checked at the New York close (about 5:15 PM EST): the floor follows your highest end-of-day equity until it reaches the starting balance, and on a funded…
Rules and pricing verified 2026-10-17 against IQ Capital’s own site.
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