IQ Capital review: 90 per cent, 80/20, or 100 per cent

Verdict: IQ Capital suits a futures trader who reads the help-centre article for the plan they will hold. It does not suit anyone who treats the homepage as the contract. The biggest caveat is that the pages do not agree. The homepage says up to 90 per cent of profits are 100 per cent yours. Core help says 90/10 from the first dollar. Rapid futures help says 80/20 from the first dollar. The Terms of Use, dated 1 July 2025, do not name a legal entity.

Key terms

• Fee, on the futures page: $49, struck through from $245, on 50k, and $95 from $475 on 100k. The Core Futures Challenge names an activation fee and no amount.
• Sizes, on that challenge article: $50,000 and $100,000. The futures headline says up to $1,000,000.
• Split: Core help says 90/10 from the first dollar. Rapid futures help says 80/20 from the first dollar. The homepage says up to 90 per cent is 100 per cent yours.
• Profit target, on the challenge article: $3,000 on $50,000 and $6,000 on $100,000. The futures page calls that 6 per cent.
• Drawdown: that challenge article prints $3,000 and $6,000. The futures card prints $2,000 and $3,000, end-of-day trailing.
• Daily loss: “No Limit” on Core. Rapid 1D prints $1,000 on 50k and $1,500 on 100k. Rapid 3D has none.
• Payout wait: 10 active days on Core, then at most 48 hours on the Performance-Reward article. Rapid is daily or every 3 days, and closes after five payouts.
• Minimum days: the rules page requires none to pass. A 30-day extension is $19 on the challenge article and $39 on the futures rules tab.

Three pages, three profit splits

Opened on 20 October 2026, the homepage says: “Up to 90% of all profits are 100% yours.” The next line is: “On every profit you make, up to 90% is yours. There will be no other split applied afterwards.” The futures tab of the rules page says only: “Up to 90% of all profits belong to the trader. No threshold.”

Core help says: “From the very first $1 in profit: 90% goes to the trader, 10% goes to the company,” a “90/10 profit split with no tiered structure.” The Performance-Reward article does not separate Core from Rapid and repeats that 90/10. On $3,000, its example pays the trader $1,350 of a $1,500 request.

Related:Pivex review: two legal names, and no split in the terms

Rapid futures help says: “From the very first $1 in profit: 80% goes to the trader, 20% goes to the company.” On $2,000, a $1,000 request pays the trader $800 and the firm $200. An unlinked partner page prints “Up to 90% profit share (Rapid: 80%).” The Terms of Use, effective 1 July 2025, state no split and call the operator only “IQ Capital.”

The payout cap is not one number

A request takes at most 50 per cent of profits. After the first reward, half of the next request must be new profit. Performance-Reward prints “$1.500”, “$2.000” and “$3.000” on 50k, 100k and 200k. The point marks thousands. Processing “is a maximum of 48 hours.” Bank transfer has “$30 transaction fees.” Crypto is USDT or USDC, “bevorzugt USDC ERC-20.”

Core help uses a ladder. On $100,000, rewards 1–2 stop at $2,000, rewards 3–4 at $2,500, and reward 5 onwards at $3,000. It says 50 per cent of $6,000 would be $3,000, “but the payout is capped at $2,000.” The drawdown article says “The first payout is capped at $1,500,” a buffer of $1,500, “not $6,000,” and “the limits in your dashboard always take priority.”

On Rapid, the first two $100,000 rewards stop at $1,500 daily or $2,000 on the three-day path. “A maximum of 5 payouts can be requested; after that, the account will be closed.” The rules tab says the cap “grows,” and the four conditions are an image. The homepage says: “No minimum payout. Guaranteed within 48 hours, 3 hours on average,” and “Withdraw daily.” The futures page says: “Get paid within 48 hours or we pay you a 100% profit split on it,” a late-payment remedy beside Core’s 10-day wait. Elite help says “up to 100% of profits can be paid out weekly,” yet $1,000 still pays $900. No page opened here pays a first $10,000 at 100 per cent, then 80/20. No named independent report was found, so none is quoted.

Rules that close the account first

The futures rules tab says “Overnight and weekend holding is not allowed in Futures — intraday only,” and positions are “closed automatically.” Hedging, copy trading, tick scalping and latency arbitrage are prohibited. On the crypto view the scalping rule is 15 seconds.

The Core challenge prints a $3,000 target and drawdown on $50,000, and $6,000 of each on $100,000, with no consistency rule and a 1 per cent position-loss cap. Core Futures Funding keeps the drawdowns, cuts the cap to 0.5 per cent, and adds 30 per cent consistency: a $300 best day needs $1,000 of profit. The futures card prints $2,000 and $3,000. Rapid Futures Funded says there is “no consistency and therefore no profit target,” while the three-day path uses 40 per cent and the daily path uses none. The third breach closes the account. After the first payout the drawdown freezes at the starting balance. Renewal is $19 on the challenge article and $39 on the rules tab.

The terms do not name a legal entity

The Terms of Use name the operator only as “IQ Capital” and name no legal entity. Disputes sit “exclusively in the courts located in Dubai” under UAE law. The imprint names “BEYOND IQ CAPITAL Ltd.” at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet, LC01 304, Saint Lucia, managing director Christoph Radecker, with no company number. The footers add 2026-00296 and “sole paying agent” Payora Group Limited, HE 483332, Miltonos 109A, 3047 Limassol. Payora “does not engage in any regulated financial or investment activities.”

The English risk disclosure says the brand is “operated by Beyond Boring Education Services FZCO.” The German risk disclosure names “Trucapital Ventures – FZCO.” The imprint names neither. No registry was checked. Traders “do not deposit or invest their own capital.” Accounts are simulated, while Elite help calls Elite “real capital” in the live market. No CFTC, NFA, FCA, ASIC or CySEC number appears. See what a funded account is, and this site’s CFTC and ESMA account. The futures page shows Quantower, ATAS, Deepchart and Tradovate.

Set beside two futures desks that publish one split

FTMO Futures keeps 90 per cent of simulated profits, then 90/10 live. Topstep pays 90/10, or 100 per cent of the first $10,000 for traders on its new dashboard before 12 January 2026. See the 2026 comparison and the prop firms hub.

90/10, 80/20 and “100 per cent yours” are all live IQ Capital wording. The terms choose none of the three.

What this review could not verify

No audited payout total is published. “$3.5M+ PAID OUT”, 20,000 traders and 4.8 stars are the firm’s own lines. The reset fee has no dollar amount. The four payout conditions are an image, and the daily-loss asterisk is undefined. A live Elite fill was not shown. Company number 2026-00296 and the two UAE names were not checked on a registry. Where pages disagree, the drawdown article says the dashboard wins.

Frequently asked questions

What profit split does IQ Capital pay?

It depends which page is current. The homepage says up to 90 per cent of profits are 100 per cent yours, with no further split. Core help pays 90/10 from the first dollar. Rapid futures help pays 80/20 from the first dollar. The Terms of Use state no split at all.

Why do the payout caps disagree?

They sit on different articles. One caps a 100k account at $2,000. Core help caps the first two rewards on that size at $2,000, then raises later rewards. The drawdown article caps a first 100k payout at $1,500. Rapid caps the first rewards at $1,500 or $2,000. Each request is also limited to 50 per cent of profits.

Is the first payout 100 per cent?

Not on the help articles opened here. Those apply 90/10 or 80/20 from the first dollar. The homepage’s “100 per cent yours” is the up-to-90 share, not a first tranche. The futures page offers 100 per cent only if a payment misses 48 hours. On Elite, a weekly request can take “up to 100 per cent” of profit, and the example still pays 90/10.

Who operates IQ Capital?

The Terms of Use do not name a legal entity. They say IQ Capital operates the services, under UAE law, with disputes in Dubai. The imprint names BEYOND IQ CAPITAL Ltd. in Saint Lucia and Christoph Radecker as managing director. Other pages name two UAE free-zone companies and Payora Group Limited in Cyprus. None of those names was checked on a registry.

Are the accounts live?

The risk disclosure says evaluation is simulated and funded accounts sit under the firm’s rules. Elite help says a funded account uses simulated capital and an Elite account uses real capital in the live market. This review could not verify a live fill. The futures page shows Quantower, ATAS, Deepchart and Tradovate.

What closes a futures account?

An end-of-day equity breach, a third hard breach on Core, a second daily-loss breach on Rapid 1D, or a fifth Rapid payout. Overnight positions are closed automatically. Hedging and copy trading are prohibited. After the first payout the drawdown freezes at the starting balance, so profit left in the account is the cushion.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm's capital, not the trader's. Terms change frequently — always verify current rules directly with the firm before paying any fee.