No Evaluation. No Arbitrary Rules. Just Capital.

Funded on day one.
On your terms.

No evaluation phase. Our analysts backtest your strategy, agree your parameters with you, and fund you directly — $25K to $250K. You trade, you profit, we both win.

Apply Now → See How It Works
Zero
Evaluation phase
$25K–$250K
Direct capital
90%
Profit split
Your rules
Negotiated with you
Explore
Who It's For

Built for traders who already know their edge

Algorithmic Traders
Custom drawdown limits calibrated to your system's actual max DD. EAs imported directly by our quant analysts. No time caps.
News & Event Traders
News trading enabled. Profit targets set to your historical trade frequency. Flexible leverage tiers.
Swing & Position Traders
Overnight and weekend holds permitted. Extended time windows built in. Accounts up to $250K.
How It Works

Three steps to funded capital

1
Apply & Disclose
Submit your full strategy: entry/exit rules, instruments, position sizing, and track record. Our analysts need to understand your edge completely.
2
We Backtest & Agree Parameters
Our quant team runs institutional-grade stress tests on your strategy. We confirm your parameters or send a data-backed counter-offer. You negotiate, sign off, and go live.
3
Funded from Day One
No evaluation phase. No challenge to pass. Once agreed, your funded account is live. Keep 90% of every pound you make.
The Honest Truth

Most prop firms are built to make you lose.
We're not.

The industry's worst-kept secret: 5% daily drawdown limits on volatile strategies. 10% profit targets in 30 days on low-frequency systems. Rules calibrated to maximise failure rates — not find real talent.

We make money when you make money. A trader rinsing us of capital isn't a problem — it means our process worked.

"We don't cap your upside. We don't move the goalposts. If you're good enough to drain a $250K account, we want you trading more of our capital — not less."
Parameters are locked once agreed. No shifting goalposts after funding. Applications reviewed within 24–48 business hours. Strategy data held under strict NDA-equivalent confidentiality.
Other Firms
Fixed 5% daily drawdown — regardless of strategy
Arbitrary 10% profit target in 30 days
Rules that change after the eval
Parameters set to maximise breaches
Business model depends on you failing
IPFX PAC
Drawdown derived from your actual backtest data
Profit targets based on your historical returns
Parameters agreed upfront, in writing
Rules calibrated to keep you trading
Business model depends on you winning
Flexibility

You set the parameters

You're not shoehorned into fixed rules. Tell us how you trade — we'll structure the challenge around it.

Drawdown Limit

Set your max daily and total drawdown tolerance — tight stops or wide swings, the limit matches your actual strategy, not a generic template.

Profit Target

Choose a realistic target based on your historical monthly returns. No arbitrary 10% — you decide what's achievable for your approach.

Evaluation Period

Standard, extended, or unlimited time window. Swing and algo traders often need more runway — built in from day one.

Instruments & Leverage

Forex, indices, commodities, or crypto. Choose your leverage tier. News trading and overnight holding enabled per your application.

Capital Tiers

Choose your account size

Entry fees are one-time and fully refundable on your first payout. No subscriptions, no surprises.

$25K
$149 one-time entry
Analyst backtest included
Custom drawdown & targets
90% profit split
Weekly payouts
Apply
$50K
$249 one-time entry
Analyst backtest included
Custom drawdown & targets
90% profit split
Weekly payouts
Apply
Most Popular
$100K
$399 one-time entry
Analyst backtest included
Custom drawdown & targets
90% profit split
Weekly payouts
Priority analyst review
Apply
$250K
$699 one-time entry
Analyst backtest included
Custom drawdown & targets
90% profit split
Weekly payouts
Dedicated account manager
Apply
Capital Scaling
Prove your edge. We back you further.
After 3 months of consistent, disciplined trading you can apply for a capital increase — up to $500K at no additional fee. We look for returns relative to your agreed targets and drawdown well within your parameters across different market conditions.
$25K–$250K
Starting capital
→
+Capital
Edge demonstrated
→
$500K
Max allocation
Requirements

What you need to apply

This programme is for traders who can prove their edge, not learn it.

✓
Full Strategy Disclosure
Entry/exit rules, indicators, timeframes, instruments, position sizing, and intra-trade risk management. Our analysts cannot backtest what they don't fully understand.
✓
Verified Track Record
Minimum 3 months of live or demo history. Myfxbook, FX Blue, broker statements, or EA logs all accepted. More data = more accurate parameter modelling.
✓
Risk Management Evidence
Consistent position sizing, defined stop-loss usage, and controlled drawdown behaviour throughout. Strategies with no defined risk framework will not be approved.
✓
Age 18+ · Identity Verification · One-Time Entry Fee
Valid government-issued ID required. KYC completed before first payout. Entry fee from $149 — one-time, non-recurring, fully refunded on your first successful payout.
FAQ

Common questions

Correct — there is no evaluation or challenge phase. Once you submit your application, our analysts backtest your strategy, we agree your parameters together, and your funded account goes live. You are trading real capital from day one. The only thing standing between you and a funded account is the application review and agreeing the terms.
Counter-offers are a conversation, not a verdict. If our analysts propose stricter parameters than you requested, they'll explain exactly why — with reference to your own backtest data. You can come back with a revised proposal, ask questions, or request a second review. We want to reach terms both sides are confident in, because a trader who understands their own parameters trades better within them.
If you breach the drawdown or risk parameters you agreed to in your contract, the funded account closes. These aren't arbitrary limits — they are the exact guardrails you told us your strategy operates within, verified by our backtest. Breaching them means you traded outside your own declared strategy. You can reapply, and in most cases we'll offer a discounted re-entry fee.
Yes. EAs are fully supported. Submit your EA's backtested results and logic alongside your application. Our analysts will import and stress-test it directly. Parameters are then set around the system's actual statistical profile, not a generic template.
That's precisely the point. Our revenue comes from spreads and volume on live trading — not from failed challenges. A trader making consistent profits generates more volume, more longevity, and more referrals. A trader rinsing a $250K account means we found someone exceptional, and our next step is to give them more capital, not less. We are structurally incentivised to help you win.
Yes. Your entry fee is fully refunded on your first successful payout. It is a one-time, non-recurring payment — no subscriptions, no monthly fees, nothing hidden.
Ready?

Stop trading with limits
someone else set for you.

Apply for the Application Challenge and trade with your own rules, your own risk profile, and up to $250K in capital behind you.

Apply Now → Compare All Challenges

Entry from $149 · 90% profit split · Fee refunded on first payout · No evaluation phase

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