IC Funded joins Propinder: The Prop Firm backed by one of the world's largest Forex brokers
Up to $500,000 in funding, two evaluation paths, and the institutional infrastructure of IC Markets behind every funded account
Propinder, the free prop trading challenge finder powered by FXStreet, announces IC Funded as a partner. Traders can now discover IC Funded's evaluation programs through Propinder's profile-based finder.
IC Funded is the proprietary trading division of IC Markets, one of the world's largest retail Forex and CFD brokers, regulated in Australia, Cyprus, and the Seychelles. That is the differentiator. Most prop firms are independent businesses with no regulated broker behind them. IC Funded operates with IC Markets' compliance infrastructure, liquidity access, and operational depth supporting every funded account. For traders who take counterparty stability seriously, that distinction is concrete and verifiable.
The evaluation structure is clear. Traders choose between a one-step accelerated path or a two-step professional evaluation. Both require a minimum of five trading days. Risk limits differ by program: the one-step applies a 3% daily loss limit and 6% maximum drawdown; the two-step provides more room with a 5% daily loss limit and 10% maximum drawdown on the second stage. Maximum funding reaches $500,000. Challenges start at $74; the fee is refunded after the third payout, and the profit split is 80% to the trader.
IC Funded relaunched under the leadership of Petros Kalaitzis, who joined as General Manager after serving as Deputy CEO and Chief Strategy Officer at FunderPro. His previous roles include eToro, Saxo Bank, Tickmill, NAGA, and Tools for Brokers. The team rebuilt the firm's entire operational stack before going live. The goal they have stated publicly is to become a top-tier Prop player, not a fast-follow competitor.
Propinder surfaces IC Funded on the same terms as every partner: no paid placement, no ranking advantages. Traders who reach IC Funded through Propinder have already profiled their experience and goals. The result is qualified traffic rather than broad volume.
"IC Funded exists because we believe traders deserve better than the status quo. Most prop firms ask you to trust an entity with no regulated infrastructure behind it. We're different. IC Funded is built on IC Markets' foundation: real regulation, real liquidity, and real operational depth. We didn't rush to market; we rebuilt everything properly before going live. Our goal is simple: to be the prop firm serious traders actually trust." Petros Kalaitzis, General Manager, IC Funded
"IC Funded brings something most prop firms cannot offer: the backing of a regulated, institutional-grade broker with a decade of operational history. That changes the risk calculus for serious traders, and it is exactly the kind of differentiation Propinder's audience is looking for." Javier Hertfelder, CEO, Propinder
About IC Funded
IC Funded is the proprietary trading division of IC Markets, one of the world's largest retail Forex and CFD brokers. IC Funded offers one-step and two-step evaluation programs with funding up to $500,000 and an 80% profit split. Challenges start at $74, with the fee refunded after the third payout. IC Markets is regulated in Australia (ASIC), Cyprus (CySEC), and the Seychelles (FSA).
About Propinder
Propinder is a free prop trading challenge finder powered by FXStreet. Traders answer a few questions about their experience and goals, and Propinder surfaces the challenges that truly fit them. Rules are shown upfront, and rankings aren’t based on payments. Backed by FXStreet's 25 years of industry reputation.
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