Current readable pages give general restricted-jurisdiction requirements but no complete country list; Vietnam is unresolved, not approved.
Rating method, scope & sources
Country rules can differ by entity, product and funding stage.
FINEX reviews provider publications and named research sources. Each entry shows its source, check date and applicable scope. This is document-based research; FINEX has not independently tested execution or withdrawals. Terms depend on entity, country and account.
Forex & prop trading terminology
Spread
The difference between the bid and ask prices. A quoted minimum is not an observed average.
Trading commission
A trading charge, separate from any referral commission paid to an IB.
Per side / round turn
Per side applies to an opening or closing transaction; round turn covers opening and closing. Always check the volume and currency basis.
Swap / overnight financing
A debit or credit for holding a position overnight, depending on the instrument and direction.
Balance / equity
Balance reflects booked transactions. Equity also reflects floating profit or loss; use the provider’s exact risk formula.
Drawdown
Static, trailing and end-of-day rules use different reference points. Maximum daily loss and maximum overall loss are distinct limits.
Prop firm / funded account
Here, prop firm refers to a trading evaluation or capital-allocation provider. A funded stage may be simulated or live; the profile states the program’s published setup.
Withdrawal / reward payout
A broker withdrawal returns money from a client account. A prop reward payout is paid under the program contract and profit-split conditions.
IC Funded Evaluations Ltd, Saint Lucia registration 2024-00388; IC Funded Tech Solutions Ltd HE 464324 is a separate Cyprus distributor.Scope: Named programme onlySource: icfunded.com · checked 2026-10-27 ↗
IC Funded’s Professional route uses demo accounts throughout, including funded. It is not an IC Markets brokerage account. The readable current eligibility pages do not establish Vietnam-specific approval, so confirm eligibility before paying.
IC Funded monitors equity, including floating positions, and resets daily loss at 00:00 server time on GMT+2/GMT+3. A closed balance above the limit does not protect an account whose equity breaches it. The exact daily baseline needs account-level confirmation.
Professional’s first request requires five profitable days and at least fourteen calendar days; the second needs three profitable days, and the third onward removes the profitable-day count. The fourteen-day minimum remains in the published table.
IC Funded offers MT5 and cTrader without an additional platform charge, but access to software is not approval of every strategy. Professional leverage varies by instrument, and multiple accounts share a $500,000 funded allocation cap per trader.
The current site names IC Funded Evaluations Ltd in Saint Lucia, registration 2024-00388, and a separate Cyprus distributor. It explicitly says it is not a broker. Check this contract and eligibility independently of the IC Markets name.
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