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IQ Capital · At a glance IQ Capital is a futures prop firm launched in 2025, ranked number eight of the 16 premier firms we track from a pool of 160. New traders can start with the $9 Welcome Offer, and with code JMU a Core 50K challenge drops to $37. Every plan is a one-time fee, Core and Instant pay a 90% split, and across the range the best PickAPropFirm Adjusted ROI reaches 15.8x.
IQ Capital
Launched 2025 · 
Dubai, UAE & Germany · Futures, Crypto, CFDs
Dubai, UAE & Germany · Futures, Crypto, CFDsCEO / FounderChristoph Radecker
Monthly visits716KOct+10.4% MoM · SimilarWeb
Discord9.7K+ members
★★★★★4.7 (626) Excellent ·
Trustpilot
Supported platforms
NINJATRADER
TRADOVATE
TRADINGVIEW
QUANTOWER
DEEPCHART
ATAS
NINJATRADERTRADOVATETRADINGVIEWQUANTOWERDEEPCHARTATASKnown for
Instant funding from day oneOne-day pass on CoreDaily payouts on Rapid 1DFutures, crypto and CFDs in one firm
48h max
Payout processing · firm claim
Daily
Payout eligibility · Rapid 1D plans
from $101
Cheapest plan · one-time · with JMU
up to 15.8x
Adjusted ROI · first payout vs plan cost
90/10
Profit split · Core, Instant, Flex · Rapid 80/20
01Active deals
IQ Capital85% OFFall accounts
JMUTAP TO COPY
02Programs at a glance
Core
EVALThe one-day pass. Hit the target in a single session, then trade a funded account at 90/10. Choose a daily loss limit or a per-position loss cap.
- Pass in as little as 1 day · no consistency in the challenge
- 90% split · 30% consistency once funded
- Payouts after 10 active trading days · up to 50% of profit per request
- DLL version: soft daily loss limit
- Max Position Loss version: 1% per position in the challenge, 0.5% funded · hard breach on the third violation
- No-activation-fee version available
From $245 / 50K · one-time · $37 with JMU
Rapid
EVALBuilt for faster cash. Pick your funded path when you buy: 1D pays daily, 3D pays every 3 trading days with bigger caps and no daily loss limit.
- 1D: payout eligibility every trading day · soft daily loss limit
- 3D: payouts every 3 trading days · 40% consistency · no DLL
- 80% split · no activation fee
- 40% consistency in the challenge
- Account closes after the 5th payout
From $675 / 50K · one-time · $101 with JMU
Flex
EVALA limited-time plan with no activation fee and no consistency rule. Log 5 qualifying profit days, then get paid every 5 days.
- Payouts every 5 days · up to 5 payouts
- 90% split · no consistency rule
- Qualifying day: $200 profit on 50K, $400 on 100K
- Payout cap starts at $1,500 and rises with later cycles
- Soft daily loss limit, or the no-DLL version at $143 on 50K · up to 5 Flex accounts
- No activation fee · one-time cost
From $927 / 50K · one-time · $139 with JMU
Instant
INSTANTSkip the challenge. Start funded on day one under the Core payout rules.
- No challenge · no activation fee
- 90% split · 30% consistency
- Payouts after 10 active trading days
- Daily loss limit or Max Position Loss versions
- No time limit on the account
From $1,745 / 50K · one-time · $262 with JMU
Top performers can be moved to an Elite account traded with real capital: payouts of up to 100% of profits every week at 90/10, with risk limits set per trader.
03Our take
IQ Capital is a German-run team based in Dubai that has grown fast in futures since adding NinjaTrader, Tradovate and TradingView. The lineup is broad: Core for a one-day pass and a 90/10 split, Rapid for daily or 3-day payouts, Flex, and Instant accounts that skip the challenge. Fees are one-time now, with no monthly renewals. The trade-offs are real: each payout is capped at half your profit, Core and Instant need 10 active trading days, and futures must be flat by 4:45 PM ET. Know those rules going in and it is one of the cheapest ways into a funded seat. -Jmu
04Firm facts
Payouts
- MethodsCrypto (USDC, ERC-20) · bank transfer
- SpeedWithin 48 hours · firm claim
- Core & InstantAfter 10 active trading days · 50% of profit per request
- Rapid 1DDaily · up to 5 payouts
- Rapid 3DEvery 3 trading days · up to 5 payouts
- FlexEvery 5 days · up to 5 payouts · caps rise each cycle
- MinimumNone · per-request caps rise as you get paid
Trading
- MarketsCME futures · crypto and CFDs on separate accounts
- DrawdownEOD trailing · locks at starting balance after the first payout
- Daily loss limitSoft on DLL plans · none on Rapid 3D or Flex no-DLL
- ConsistencyNone on Flex or the Core challenge · 30% Core funded · 40% on Rapid
- News tradingAllowed
- HoldingFlat by 4:45 PM ET · no overnight or weekend holds
- ProhibitedHFT · hedging · copying others · third-party bots
Company & community
- CEO / FounderChristoph Radecker
- Launched2025
- BaseDubai, UAE · German team
- EntityBeyond IQ Capital Ltd.
- Traders20,000+ · firm claim
- Monthly visits716K · Oct · +10.4% MoM · SimilarWeb
- Discord9.7K+ members
05Plans & pricing
PickAPropFirm Adjusted ROI measures what a plan returns for what it costs: the maximum first payout times the profit split, capped per account size, divided by the plan cost, first payout only. IQ Capital’s best across all sizes is 15.8x. Compare Adjusted ROI only between plans of the same account size and type. See the full calculation.
PickAPropFirm All-In Cost is the discounted plan price plus any activation fee, in one number. IQ Capital charges an activation fee on some plans, and the All-In column above already includes it.
06Rules & policies
CoreTargets, drawdown, daily loss limit, position size, durationOfficial Core-DLL guide ↗
InstantDay-one funding, drawdown, consistency, position sizeOfficial Instant guide ↗
RapidChallenge rules, 1D vs 3D funded pathsOfficial Rapid guide ↗
Payouts10-day rule, 50% per request, caps, methodsCore payout rules ↗
Rapid payouts1D vs 3D frequency, caps, 5-payout limitRapid payout rules ↗
ProhibitedHFT, hedging on futures, copying others, outside bots, overnight holdsProhibited practices ↗
AllowedNews trading, own EAs, scaling outAllowed practices ↗
InactivityOne trade every 8 calendar days, weekends included, or the account is closed. An open position pauses the timer. No account time limit on Challenges, Rapid or Instant Funding.Official inactivity rule ↗
EliteLive-capital accounts for top tradersElite accounts ↗
All links point straight at IQ Capital’s official help center, so you are always reading the current version.
07Firm timeline
2025
Launches with CFD, crypto and futures accounts
SEP 2026
Adds NinjaTrader, Tradovate and TradingView for futures
OCT 2026
Switches to one-time fees with no monthly renewals
TODAY
Lineup is Core · Rapid · Instant · Flex · #8 on the PickAPropFirm Power Rankings
08Country availability
Not available in 153 countries, mostly small territories plus Russia, Iran, North Korea, South Korea, Taiwan, Hong Kong, Israel and Qatar. IQ Capital sells only to an approved list of countries, so if yours is not on it you cannot buy an account.
Show full list ▾ 🌍 Check your country
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09Pros & cons
PROS
- Flex: no consistency rule in the challenge or funded, payouts every 5 days
- Instant accounts fund you from day one
- 90/10 split on Core, Instant and Flex
- One-time fees, no monthly renewals or time limits
- Drawdown locks at your starting balance after the first payout
- Crypto (USDC) or bank transfer payouts
CONS
- Core and Instant need 10 active trading days per payout
- Rapid accounts close after 5 payouts
10FAQ
What is the best IQ Capital discount code?
Code JMU gets the biggest discount at IQ Capital and applies at checkout through our link. With it, a Core 50K challenge is $37 and a Rapid 50K is $101. New traders can also grab the $9 Welcome Offer, one per person.
What is the difference between Core, Rapid, Instant and Flex?
Core is the one-day-pass challenge with a 90/10 split and payouts after 10 active trading days. Rapid trades a smaller 80/20 split for speed: you choose 1D (daily payouts) or 3D (every 3 trading days, no daily loss limit) when you buy. Instant skips the challenge and funds you on day one under the Core payout rules. Flex is a limited-time plan with no activation fee, no consistency rule and payouts every 5 days.
How do IQ Capital payouts work?
On Core and Instant you can request a payout after 10 active trading days (one trade makes a day count) and take up to 50% of your profit per request, with caps that rise as you get paid. Rapid 1D can request every trading day and Rapid 3D every third, and both close after the 5th payout. Money goes out by USDC (ERC-20) or bank transfer, and the firm says payouts are processed within 48 hours.
What drawdown does IQ Capital use?
End-of-day trailing on every futures plan. After your first payout the drawdown locks at your starting balance and stays there.
Is there a daily loss limit?
It depends on the plan. Core DLL, Instant DLL, Rapid 1D and Flex use a soft daily loss limit. Rapid 3D has none, and Flex also comes in a no-DLL version. The Max Position Loss versions of Core and Instant cap each position instead (1% in the challenge, 0.5% funded), and that rule is a hard breach on the third violation.
Can I hold trades overnight?
Not on futures. All futures positions are closed automatically at 4:45 PM ET, and weekend holds are not allowed. Crypto and CFD accounts can hold overnight.
Can I trade news?
Yes. News trading is allowed on every account.
Can I use bots or copy trading?
You can run a trade copier across your own IQ Capital accounts. Copying other traders and outside signal services are not allowed. Your own bots and EAs are fine as long as you have the full source code, but black-box and commercial bots are not.
Is IQ Capital available in my country?
Check the availability map on this page. IQ Capital sells only to an approved list of countries, and the United States is on it.
Data updated Nov 9, 2026 7:47pm · Prices reflect active discount codes
Can you trade at IQ Capital?
Click your country on the map. Red countries are restricted
Click your country to check eligibility.
Disclaimer: restriction lists change frequently and may be incomplete or out of date. PickAPropFirm is not liable for incorrect or outdated information. Always confirm eligibility directly with the firm before purchasing.
| FUNDED | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Firm - Plan | Size | Discount Price | All-In | DDT | TARGETMLL | Min Day | DISCOUNTCOUPON | Adj. ROI* | Pay Day | Max Pay | Split | Max Fund | Action |
| Rapid Classic | |||||||||||||
| 50k | $101 | $101One Time | $3,000$2,000 | 3 | 85% OFF Ends 11/13 | 15.8 | 3 | $2,000 | 80% | 5 | IQ Capital Firm profile | ||
| 100k | $169 | $169One Time | $6,000$3,000 | 3 | 85% OFF Ends 11/13 | 9.5 | 3 | $2,000 | 80% | 5 | IQ Capital Firm profile | ||
| Rapid Daily | |||||||||||||
 Rapid Daily Daily Payouts | 50k | $101 | $101One Time | $3,000$2,000 | 3 | 85% OFF Ends 11/13 | 7.9 | 1 | $1,000 | 80% | 5 | IQ Capital Firm profile | |
Rapid Daily Daily Payouts | 100k | $169 | $169One Time | $6,000$3,000 | 3 | 85% OFF Ends 11/13 | 7.1 | 1 | $1,500 | 80% | 5 | IQ Capital Firm profile | |
| Core DLL No Activation | |||||||||||||
| 50k | $101 | $101One Time | $3,000$2,000 | 1 | 85% OFF Ends 11/13 | 13.3 | 10 | $1,500 | 90% | 10 | IQ Capital Firm profile | ||
| 100k | $169 | $169One Time | $6,000$3,000 | 1 | 85% OFF Ends 11/13 | 10.7 | 10 | $2,000 | 90% | 10 | IQ Capital Firm profile | ||
| Core No Activation | |||||||||||||
Core No Activation Max Position Loss | 50k | $101 | $101One Time | $3,000$3,000 | 1 | 85% OFF Ends 11/13 | 13.3 | 10 | $1,500 | 90% | 10 | IQ Capital Firm profile | |
Core No Activation Max Position Loss | 100k | $169 | $169One Time | $6,000$5,000 | 1 | 85% OFF Ends 11/13 | 10.7 | 10 | $2,000 | 90% | 10 | IQ Capital Firm profile | |
| Welcome Offer | |||||||||||||
Welcome Offer 1 USE DLL | 50k | $9One Time+$129 ACT | $138All-In | $3,000$2,000 | 1 | Welcome Gift | 8.2 | 10 | $1,500 | 90% | 1 | IQ Capital Firm profile | |
| Flex | |||||||||||||
Flex DLL | 50k | $139 | $139One Time | $3,000$2,000 | 1 | 85% OFF Ends 11/13 | 9.7 | 5 | $1,500 | 90% | 5 | IQ Capital Firm profile | |
Flex No DLL | 50k | $143 | $143One Time | $3,000$2,000 | 1 | 85% OFF Ends 11/13 | 9.4 | 5 | $1,500 | 90% | 5 | IQ Capital Firm profile | |
Flex DLL | 100k | $225 | $225One Time | $6,000$3,000 | 1 | 85% OFF Ends 11/13 | 8.0 | 5 | $2,000 | 90% | 5 | IQ Capital Firm profile | |
Flex No DLL | 100k | $230 | $230One Time | $6,000$3,000 | 1 | 85% OFF Ends 11/13 | 7.8 | 5 | $2,000 | 90% | 5 | IQ Capital Firm profile | |
| Core | |||||||||||||
Core Max Position Loss | 50k | $29One Time+$129 ACT | $158All-In | $3,000$3,000 | 1 | 85% OFF Ends 11/13 | 8.5 | 10 | $1,500 | 90% | 10 | IQ Capital Firm profile | |
Core Max Position Loss | 100k | $71One Time+$149 ACT | $220All-In | $6,000$5,000 | 1 | 85% OFF Ends 11/13 | 8.2 | 10 | $2,000 | 90% | 10 | IQ Capital Firm profile | |
| Core DLL | |||||||||||||
| 50k | $37One Time+$129 ACT | $166All-In | $3,000$2,000 | 1 | 85% OFF Ends 11/13 | 8.1 | 10 | $1,500 | 90% | 10 | IQ Capital Firm profile | ||
| 100k | $71One Time+$149 ACT | $220All-In | $6,000$3,000 | 1 | 85% OFF Ends 11/13 | 8.2 | 10 | $2,000 | 90% | 10 | IQ Capital Firm profile | ||
| Instant DLL | |||||||||||||
Instant DLL D2F DLL | 50k | $262 | $262One Time | None—$2,000 | 4 | 85% OFF Ends 11/13 | 5.2 | 10 | $1,500 | 90% | 10 | IQ Capital Firm profile | |
Instant DLL D2F DLL | 100k | $524 | $524One Time | None—$3,000 | 4 | 85% OFF Ends 11/13 | 3.4 | 10 | $2,000 | 90% | 10 | IQ Capital Firm profile | |
| Instant | |||||||||||||
Instant D2F Max Position Loss | 50k | $262 | $262One Time | None—$3,000 | 4 | 85% OFF Ends 11/13 | 5.2 | 10 | $1,500 | 90% | 10 | IQ Capital Firm profile | |
Instant D2F Max Position Loss | 100k | $524 | $524One Time | None—$5,000 | 4 | 85% OFF Ends 11/13 | 3.4 | 10 | $2,000 | 90% | 10 | IQ Capital Firm profile | |
| No Result Found | |||||||||||||