IQ Capital Overview

Profit Target

Varies by account size:

• $50K: $3,000 profit target
• $100K: $6,000 profit target

Time Limit

30 days to complete the evaluation.

Maximum Contracts

Varies by account size:

• $50K: 5 minis / 50 micros
• $100K: 10 minis / 100 micros

Subscription

One-time payment. No recurring charges.

Trading Rules

• News trading is permitted. You may hold trades through news events.
• Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
• Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
• Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
• Mini and micro contracts cannot be held simultaneously.
• Copy trading is not permitted. Each account must be traded independently without copying trades from other accounts.
• Expert advisors (EAs) and automated trading bots are permitted.
• Trades must be held for at least 15 seconds. At least 50% of your profit must come from trades held longer than 15 seconds.

Maximum Drawdown

$5,000 maximum drawdown. End of Day (EOD) Trailing. Your maximum drawdown trails up at the end of each trading day based on your highest end-of-day balance. Intraday fluctuations do not affect the drawdown level. The drawdown stops trailing once it reaches your initial balance. After taking your first payout, the maximum drawdown locks at your initial account balance and will no longer trail.

Daily Loss Limit

No daily loss limit.

Maximum Contracts

Consistency Rule

30% Consistency Rule. No single trading day's profit may exceed 30% of your total profit.

Minimum Trading Days

10 minimum trading days required on your funded account.

Maximum Accounts

Maximum 10 funded accounts per trader.

Inactivity Rule

Account will be closed after 30 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

No resets available. If you breach, you must purchase a new account.

Trading Rules

• News trading is permitted. You may hold trades through news events.
• Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
• Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
• Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
• Mini and micro contracts cannot be held simultaneously.
• Copy trading is not permitted. Each account must be traded independently without copying trades from other accounts.
• Expert advisors (EAs) and automated trading bots are permitted.
• Trades must be held for at least 15 seconds. At least 50% of your profit must come from trades held longer than 15 seconds.

Profit Split

You keep 90% of your trading profits.

Payout Frequency

Payouts available every 10 days.

Maximum Payout

$2,000 maximum per payout.

Processing Time

Payouts are typically processed within Guaranteed within 48 hours, 3 hours average after approval.

Path to Live

Elite (real capital) account starts at $0 with a fixed max drawdown of $3,000. Transition is at the risk team's discretion, e.g. after outstanding performance or reaching the $25,000 max performance reward per account.