If you are looking for a prop firm that gives you real freedom, IFunds is worth a serious look.

Unlike firms that tie you down with strict rules and long evaluations, IFunds lets you jump straight in. You get instant funding, no waiting, no multi-step assessments.

One of the biggest perks?

There is no max daily loss limit. You don’t have to worry about getting cut off just because you had one rough day. And there is no minimum number of trading days, either you trade when it works for you. Whether you want to start with $2,500 or go all the way up to $500,000, the funding options are massive. You can log in from multiple locations, use third-party EAs, and even copy trade without any issues.

Plus, they won’t stop you from trading around news events. It’s built for traders who want control, not limitations.

IFunds Prop Firm Overview:

Features	Details
Company Name	IFunds
Company Legal Name	The legal name of IFunds is iFunds Ltd.
Company Legal Number	The legal number for IFunds is 2024-00154
Headquarters	IFunds is based in Saint Lucia, Caribbean
Years in Operation	IFunds has been operating since June 2024
Broker	The broker associated with IFunds is Baz Capital Markets Ltd.
CEO	The CEO of IFunds is Layth Sanjaq
Challenge Types	IFunds offers Instant Funding model
Challenge Fees	The challenge fees for IFunds start from $250-$30000
Profit Split	With IFunds you can select your preferred Max Drawdown & Profit Split combination at the time of Purchase
Account Sizes	IFunds account size ranges from $2500-$500,000
Payouts	The payouts for IFunds are available On Demand.
Financial Markets	Trading instruments offered by IFunds are stocks, forex, metals, energies, and cryptocurrencies.
Trading Platform	Platforms supported by IFunds are MetaTrader.
TrustPilot Score	IFunds is rated 4.7 out of 5 on Trustpilot.

Pros and Cons of IFunds

Before you dive into any prop firm, it is smart to pause and weigh the pros and cons. IFunds has made a name for itself with instant funding, simple rules, and true trading freedom no drawn out evaluations or unnecessary restrictions. But like anything in trading, it’s not all sunshine.

So, is IFunds the right fit for your trading style?
Whether you are eyeing your first funded account or thinking about switching from another firm, this quick breakdown will give you the real picture of what traders genuinely love, and what you might want to watch out for.

Pros	Cons
Trade Your Way: No daily drawdown, no forced rules, no pressure	Withdrawals only via Crypto USDT: No bank transfers or PayPal (yet).
Flexible Strategies Allowed: EAs, copy trading, martingale, and news trading are all okay.	Not Available in Some Countries: Including USA, Iran, Cuba & more.
High Community Trust: 4.7 rating on Trustpilot from real traders.	Strict Max Drawdown Rule: Hit 10% loss, and your account is gone.
No Hidden Fees: Swap free accounts, no commissions. You keep what you earn.	No Trial Mode or Demo: You start with real capital from day one.

If you are a confident trader who just wants funding without jumping through hoops, IFunds makes it simple. The flexibility, instant funding, and freedom to trade how you want it all adds up. Just know the trading rules, respect the drawdown, and you are set.

IFunds Challenge Types, Fees, and Profit Split

If you are the kind of trader who does not like jumping through endless evaluation hoops, IFunds might be right up your alley. They offer instant funding all the way up to $500,000 no multi step verifications, no demo phases, just real capital when you want it.

Whether you are just testing the waters with a $2.5K account or going all-in with half a million, the process is the same: choose your account, pay the fee, and start trading.

What sets IFunds apart is the freedom it gives no daily drawdown limits, no minimum trading days, and no pressure to be “consistent” in a market that rarely is. Plus, you can use EAs, trade from any IP, and request payouts anytime (with 24 hour processing or they pay you extra). It is a simple, transparent model built for traders who just want to get to work.

IFunds Challenge comparison table:

Detail	Beginner Intern	Beginner Starter	Beginner Ambitious	Advanced Pro	Advanced Expert	Advanced Master	Guru Dubai	Guru London	Guru New York
Account Size	$2,500	$5,000	$10,000	$25,000	$50,000	$85,000	$150,000	$250,000	$500,000
Profit Split	50%	50%	50%	50%	50%	50%	50%	50%	50%
Max Drawdown	10%	10%	10%	10%	10%	10%	10%	10%	10%
Daily Drawdown	None	None	None	None	None	None	None	None	None
Drawdown Type	Static	Static	Static	Static	Static	Static	Static	Static	Static
Evaluation	No	No	No	No	No	No	No	No	No
Time Limit	None	None	None	None	None	None	None	None	None
Leverage	1:100	1:100	1:100	1:100	1:100	1:100	1:100	1:100	1:100
Participation Fee	$250	$400	$700	$1,600	$3,000	$5,000	$8,500	$15,000	$30,000

IFunds Flexible Profit Split

At IFunds, you are in charge of how much you earn. When you sign up, you get to pick your own profit split and drawdown based on what you are comfortable risking. It is simple the less risk you take, the more reward you get. Want to play it safer with a lower drawdown? You will get a higher profit split in return. It is all about giving you the flexibility to trade on your terms, with a payout structure that matches your style.

Why Choose the iFunds Challenge?

If you are someone who just wants to get funded fast without all the typical red tape then the IFunds Challenge might be exactly what you need. There is no evaluation. No time limits. No daily drawdown rules breathing down your neck. Just choose your account size, pay the fee, and you are in.

From the $2,500 Beginner, Intern account all the way up to the massive $500,000 Guru, New York account, every option comes with a 50% profit split and a simple 10% max drawdown. That’s it. Straightforward and predictable.All accounts use static drawdown, which means your risk limits are based on your starting balance no trailing curveballs. You also get high 1:100 leverage across all tiers, giving you serious room to work your strategy. And whether you are just starting with $250 or going big with $30,000, there is a plan to fit your risk appetite and trading goals.

So why choose IFunds Challenge? Because it puts you in control. You trade how you want, when you want, without having to prove yourself through evaluations or meet unrealistic consistency metrics.

IFunds Scaling Plan: Grow Your Account as You Profit

One of the best things about trading with IFunds is that you are not stuck with the account you start with. As you begin making profits, you can use those gains to upgrade your account to a bigger one no need to start over or reapply.

Here is how it works: once you have earned at least $50 in profit, you unlock the option to scale up to the next two higher account tiers. You can use your profits to cover the price difference between your current plan and the new one. For example, if you are on the $2,500 account that costs $250 and want to move up to the $5,000 account that costs $400, the difference is $150. You can pay that $150 from your profits, or if your profits fall short, you can pay the rest using your own funds.

And if your profits go beyond the price difference? No worries any leftover amount is added to your wallet inside the Trader Portal, and you can withdraw it whenever you want.It is a simple and flexible way to scale up as your skills and profits grow.

Spreads & Commissions at IFunds

At IFunds, things are kept simple and transparent just the way traders like it. First off, all trading accounts are swap-free, so you won’t be hit with overnight holding fees. Even better?

There are no commissions on trades. That means what you earn is truly yours, without hidden costs eating into your profits.
Want to see the spreads before jumping in? You can check them anytime by logging into IFunds’ view-only MT5 account:

Login: 392370
Password: r_1FpCXnX
Server: Baazex-Live

Just open the MT5 platform, plug in the credentials, and take a look at the live spreads yourself.

IFunds Trading Rules & Strategies: What’s Allowed and What’s Not

At IFunds, the trading rules are simple, clear, and actually make sense for real traders. You are not boxed in by unrealistic restrictions instead, you are given room to trade your way. Here is how it works:

✅ What is Allowed in IFunds

You can trade using almost any strategy that fits your style. These are all allowed:

News Trading: Feel free to trade around news events. No restrictions here.
Weekend Holding: You can hold trades over the weekend without any issues.
AutoTrading & EAs: Use your own trading bots or third-party Expert Advisors (EAs) without limitations.
Copy Trading: You’re free to copy trades between accounts or use third-party copy systems.
Grid & Martingale Strategies: Even riskier strategies like grid or martingale are allowed.
Hedging: You can hedge your trades no problem.
Multiple IPs: Trade from different locations or networks. No restrictions.

❌ What is Not Allowed in IFunds

There are just two strict rules you absolutely must follow:

Don’t hit your Max Drawdown. If you go beyond the allowed loss limit, your account will be disqualified.
Don’t use manipulative trading techniques. That means no latency arbitrage, high-frequency abuse, or anything that tries to “game” the system.

No Pressure Rules

IFunds stands out by not forcing unnecessary limits on traders. You will never have to deal with:

Daily drawdown limits
Profit target requirements
Consistency rules
Minimum trading days

In short, if you are a serious trader who just wants freedom and fairness, IFunds gives you exactly that nothing more, nothing less.

Understanding Drawdown at IFunds

At IFunds , the drawdown system is simple.

There is only one number you need to focus on: your Maximum Drawdown, and it is static. That means it is calculated once, based on your starting balance, and doesn’t change even if your account grows.
Let us say you start with $2,500. If your Max Drawdown is 10%, your account must stay above $2,250. If your equity drops to or below that level, the account is automatically disqualified. Simple and clear.
And here is some good news there is no Daily Drawdown limit.

That means you are free to manage your trades throughout the day without worrying about hitting a strict intraday loss cap. Just keep an eye on the overall Max Drawdown, and you’re good.

Payments & Payouts at IFunds

Paying for your IFunds challenge and getting your profits out is smooth and straightforward.

When it comes to buying an account, you’ve got several payment options:

Visa
Mastercard
Bank SEPA transfer (for EUR payments)
Crypto (USDT)
KoraPay

Once you are up and trading, getting paid is just as easy. You can request a payout anytime you want as long as your profit is $50 or more, you are good to go.

And here is the best part: IFunds promises to process your withdrawal within 24 hours. If they don’t? They will pay you 10% extra, up to $1,000, just for the delay.

Note: All withdrawals are currently processed only in USDT, and yes they are working on adding more options soon.

Restricted Countries at IFunds

IFunds keeps things simple, but there are a few places where their services aren’t available. If you live in any of the following countries, you won’t be able to open an account or use the platform:

United States (USA)
Sudan
Syria
North Korea
Iran
Cuba
Myanmar

This restriction is mainly due to global regulations and compliance requirements. If you are outside these countries, you're free to join and get started with IFunds.

Final Thoughts on IFunds

If you are a trader who values freedom, clarity, and getting straight to the point, IFunds feels like a breath of fresh air. No drawn-out evaluations. No daily drawdown traps. No nonsense.

What makes IFunds different is how trader-friendly it actually is. You don’t have to spend weeks proving yourself or jumping through hoops. Just choose your account, pay the fee, and you are funded. Whether you are starting small with $2,500 or aiming big with $500,000, the flexibility is there. You can trade over weekends, around news, use your favorite EA or copy trading tool, and never worry about being flagged for inconsistency.

That’s rare in the prop firm world. Of course, there are a few things to keep in mind. If you hit your max drawdown, the account is done no second chances. And payouts are only in USDT for now, which might be a drawback for some. But the 24-hour payout promise (with a 10% bonus if delayed) does make up for that in a big way.

So, who is iFunds really for?IFunds is for confident traders. The ones who know what they are doing and just want the capital to back their strategy, without being micromanaged. If you want fast access to funding, real control over your trades, and a clear, honest set of rules, IFunds is absolutely worth a shot.

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IFunds

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