IFunds Prop Firm Review – What You Need to Know in 2025
iFunds, founded in 2023 and headquartered in Dubai, UAE, is a proprietary trading firm led by CEO Lyth Sanjiq. It offers funded accounts of up to $200,000 with scaling opportunities and profit splits up to 90%. With instant funding options and a growing trader community, iFunds supports forex, indices, commodities, and crypto trading through the MetaTrader 5 platform.
IFunds Best suited for:
- Beginners: Simple one-step challenges and instant funding options with no minimum trading days.
- Experienced traders: Up to 90% profit splits, scaling plans, and no consistency rules.
- Scalpers and swing traders: No time limits, flexible trading conditions, and support for news trading and
Pros & Cons of IFunds
Pros
AutoTrading Allowed: Integrate any third-party trading robots or Expert Advisors (EAs) seamlessly into your trading activities without any restriction.- No Daily Drawdown: You have the freedom to manage your daily trades with no Daily Drawdown limit, but make sure you do not hit the Max Drawdown.
- No Trading Days Limit: No minimum or maximum trading days required. Trade at your own pace focusing on what matters most with no time pressure.
- No Consistency Rules: In such a volatile inconsistent market, it’s unfair to require consistency. With iFunds, have the flexibility to maneuver different market conditions.
- No IP Restrictions: Trade from different locations using multiple IP Addresses. Sticking to one IP address is unrealistic and it limits the trader’s ability to manage their account.
- Flexible Profit Split: Set your own Profit Split and Max Drawdown based on your own risk appetite. Simply, the lower amount you risk, the higher reward you receive.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does IFunds Work? (Step-by-Step Guide)
- Choose an instant funding account: Select your preferred account size and risk level.
- Purchase your account: Pay the one-time fee to activate your funded account.
- Start trading immediately: Trade with real capital from day one—no challenge or verification needed.
- Withdraw profits: Keep up to 90% of your profits with flexible withdrawal options.
IFunds Account Types & Funding Options
- Account sizes: $5,000 to $500,000.
- Funding model: Instant funding only — no evaluation or challenges required.
- Profit splits: Up to 90%.
- Refundable fees: Not offered — all purchases are non-refundable.
Profit Targets & Payouts
- Profit targets: n/a.
- Payouts: Processed within 24 hours or you'll get an extra 10%.
- Payout frequency: On demand
- Maximum drawdown: 10%
- Daily drawdown limit: n/a.
Leverage & Trading Conditions
- Leverage: Up to 1:100.
- Lot size restrictions: None.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Swing Trading: Holding positions for days or weeks.
- Day Trading: Opening and closing positions within a day.
- News Trading: Permitted.
- Overnight/Weekend Trading: Allowed across all programs.
- Expert Advisors (EAs): Supported, subject to compliance with risk rules.
Restricted Trading Strategies
- Market manipulation trading technique such as latency arbitrage
How Long Does It Take to Get Funded by IFunds?
- Instantly Funded
How Long Has IFunds Been Around?
iFunds launched in 2023 and has quickly gained attention for its instant funding model, flexible rules, and commitment to trader freedom with no evaluation process or time limits.
Who Owns IFunds? (Founder & Company Background)
Founder: Lyth Sanjiq, a trader and entrepreneur with a focus on transparent, trader-friendly funding.
Headquarters: Dubai, United Arab Emirates.
Mission: To simplify prop trading through instant funding and accessible capital.
Regulatory status: Operates as a proprietary trading firm.
What Can You Trade with IFunds? (Supported Markets & Assets)
Markets offered: Forex, indices, commodities, cryptocurrencies. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, USD/JPY). Indices & commodities: S&P 500, NASDAQ, gold, silver, oil. Crypto trading: Bitcoin, Ethereum, and 100+ altcoins via on-exchange pricing. Restrictions: No HFT, arbitrage, or news trading in Pro accounts within 5 minutes of high-impact events, 30-day inactivity rule.
Does IFunds Offer Education & Trader Support? (Learning Resources & Coaching)
Educational content: Limited - focus is on funding rather than trader education.
Mentorship: Not currently offered.
Community: Active Discord server for support, updates, and trader interaction.
How Good is IFunds’s Customer Support? (Response Time & Availability)
Support channels: Email, Discord, and live chat system via their website.
Response time: Fast.
Trader feedback: Users report fast, helpful responses, especially through Discord.
Is IFunds a Scam or a Legit Prop Firm?
iFunds is a legitimate proprietary trading firm known for its instant funding model and transparent trading rules. It has attracted attention for offering real capital with no evaluation and clear profit-sharing terms.
Alternatives to IFunds – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter rules and no instant funding. The 5%ers: Up to 100% split, no crypto, excludes US traders, more established (since 2016). FundedNext: 95% split, 15% challenge profits, but no price transparency reports.
Final Verdict – Should You Trade with IFunds?
iFunds is ideal for traders who want instant access to capital without the delays of an evaluation process. With flexible rules, up to 90% profit splits, and a simple sign-up model, it suits both beginners and experienced traders looking for a fast, no-nonsense funding option.
