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Comparison · Forex

AquaFunded and IQ Capital at a glance

Updated on

The short answer

AquaFunded is the superior choice for traders using copy trading or standard EAs and who prefer modern platforms like cTrader. IQ Capital is tailored for those who demand EOD (End of Day) drawdown, trade Stocks, or require TradingView and Volumetrica integration.

Where they actually differ

  • Styles (Copy Trading & EAs): This is the main divider. AquaFunded allows copy trading (internal and external) and EAs without strict logic restrictions. IQ Capital bans copy trading entirely and only permits EAs if they are self-developed or transparent (no commercial black-box bots).
  • Risk (Drawdown Type): AquaFunded uses intraday trailing drawdown based on the higher of equity or balance for most plans. IQ Capital uses EOD trailing, which only updates at the market close and locks at the initial balance once reached, providing more breathing room during the day.
  • Platforms: AquaFunded offers cTrader, MatchTrader, and TradeLocker. IQ Capital offers TradingView and Volumetrica (for crypto/futures styles), which AquaFunded lacks.
  • Payout (Frequency): IQ Capital’s "Rapid" plan allows payouts after just one session (daily). AquaFunded typically pays every 14 days, though this can be reduced to 7 days with a paid add-on.
  • Assets: IQ Capital includes Stocks and a wider range of Crypto; AquaFunded focuses on Forex, Indices, and Commodities.
  • Risk (Stop Loss & Rules): AquaFunded has a "Wave Stop" rule (automatic closure at 2% loss) and a "Maximum Risk Limit" (-2% floating PnL closure) on Instant accounts. IQ Capital uses a strict "15-second rule" for scalping and a 0.5% aggregated risk limit on funded accounts.

Where they are basically the same

  • Price: Both firms offer aggressive entry-level pricing, with micro-accounts available for under $20.
  • Profit Split: Both default to a 90% profit share for the trader on standard evaluations.
  • News Trading: Both allow news trading, though both apply consistency caps or restrictions on profits generated during high-impact windows.

Pick this one if

AquaFunded

  • You want to use copy trading from other accounts.
  • You prefer trading on cTrader.
  • You use commercial EAs or bots.
  • You want a straightforward 1-step, 2-step, or 3-step evaluation.

IQ Capital

  • You want a drawdown that only updates at the end of the day (EOD).
  • You trade through TradingView.
  • You want the possibility of daily payouts (Rapid plan).
  • You trade Stocks alongside Forex.

Frequently asked questions

Which firm is cheaper to start with, AquaFunded or IQ Capital?

IQ Capital is significantly cheaper for a first-time entry due to its "Welcome Offer," which provides a $50,000 Core account evaluation for just $9. In comparison, AquaFunded's cheapest entry is the "TryAqua" $1,000 account for $15, or their $5,000 2-step evaluation for $29.

Who offers faster payouts, AquaFunded or IQ Capital?

IQ Capital offers faster payouts through its "Rapid - Daily Payout" plan, which allows withdrawals after a single active session. AquaFunded follows a bi-weekly schedule (14 days), although traders can pay for an add-on to receive their first payout after 7 days.

Which firm has more flexible platform options, AquaFunded or IQ Capital?

It depends on your style: AquaFunded is better for "app-based" traders, offering cTrader, MatchTrader, and TradeLocker. IQ Capital is superior for technical analysts, as it provides native integration with TradingView and the professional order-flow platform Volumetrica. Both offer MetaTrader 5.

Does AquaFunded or IQ Capital have stricter rules for using EAs?

IQ Capital is much stricter, as it only allows self-developed or transparent systems where the trader has full control over the logic; commercial black-box bots are prohibited. AquaFunded is more permissive, allowing most EAs as long as they don't use prohibited strategies like latency arbitrage or high-frequency trading (HFT).

Field by field

AquaFunded and IQ Capital, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

55 differences

25%off · Exclusive
85%off · Exclusive
Headquarters

IFZA Business Park, DDP, Premises No. 35882-001, Dubai Silicon Oasis, Dubai, United Arab Emirates

Gros Islet, Saint Lucia

CEO

Jason Blax

Christoph Radecker

Country

United Arab Emirates

Saint Lucia

Foundation

2023

No data
Banned Countries
Cuba, Iran, Syria, Pakistan, Vietnam, Kenya, Albania, Algeria, North Korea, Senegal
AF, BY, CF, CU, CD, ER, IR, IQ, LY, ML, MM, NI, KP, RU, SO, SS, SD, SY, VE, YE
Assets
Forex, Indices, Commodities
Forex, Indices, Commodities, Stocks, Crypto
Brokers
No data
FXCM, Bybit, BlackBull, GBE
Refund
Yes

Full refund after 4th payout

No data
Payout Fee

$35 flat fee via Rise (for payouts of $1,000 or more). Payouts below $1,000 are paid in crypto and only carry the network fee.

No data
Platforms
Metatrader 5, MatchTrader, TradeLocker, cTrader
Metatrader 5, Volumetrica, Tradingview
Payout Methods
Transfer, Crypto, Rise
Transfer, Crypto
Payment Methods
Card, Crypto
Card, Crypto
Payout Frequency

First payout 14 days after the first trade. Every 14 days after that. First payout after 7 days with add-on (+15%).

  • Instant Pro: First Payout on Demand is available as a checkout add-on.
  • Instant Flex: first payout on demand, then every 14 days.

Core and Instant: every 10 active sessions. Rapid Daily: after one session; the account ends after the fifth payout.

Payout Guarantee

Get Paid in 24 Hours or get an extra $1,000. Rewards are only processed on business days, and so the 48 Hour Reward Guarantee timer is paused on weekends.

The website advertises processing within 48 hours or a 100% split on that payout. Bank transfer or USDC ERC-20 according to the help center.

Alternative Currency
No data
EUR
Maximum Withdrawal

For traders with $200K accounts or larger, the first two reward requests are capped at a maximum withdrawal of $10,000 each. After the first two rewards, this restriction is removed, and there are no further withdrawal limits.

TryAqua: maximum lifetime withdrawal of $100.

Up to 50% of profits per request, before the split. Core 50K: $1,500/$2,000/$2,500 for payouts 1-2/3-4/5+; 100K: $2,000/$2,500/$3,000; 200K: $3,000/$3,500/$4,000. Rapid 50K: $1,000 for the first two, then $1,500; 100K: $1,500/$2,000. After the first payout, new profits of at least 50% of the next requested amount are required.

Minimum Withdrawal

$100

No published minimum.

Crypto Weekend Trading
No data
Yes
Forex
  • Instant Standard: 30:1
  • Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 50:1
  • 1 Step Flex: 100:1 during evaluation, 50:1 when funded
50:1
Metals
  • Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 10:1
  • 1 Step Flex: 20:1 during evaluation, 10:1 when funded
25:1
Energies
  • Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 10:1
  • 1 Step Flex: 20:1 during evaluation, 10:1 when funded
25:1
Indices
  • Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 10:1
  • 1 Step Flex: 20:1 during evaluation, 10:1 when funded
25:1
Crypto
  • Instant Standard: 1:1
  • Instant Pro, Instant Flex, 2 Step, 1 Step, 3 Step, Aqua Man: 2:1

Volumetrica: BTC/ETH/SOL 1:5; other crypto 1:3.

Forex
5 / lot
0
Metals
5 / lot
0
Energies
5 / lot
0
Indices
0
0
Commission-Free Option
No
No data
Crypto
No data
0
Swap Free
Yes

Swap-free accounts are available. No overnight swap fees; positions can be held for as long as desired.

No data
Add-ons
Yes
  • 100% profit split (+15%)
  • First payout after 7 days (+15%)
  • First Payout on Demand (Instant Pro)
  • 100% profit split and first payout after 7 days combined (+25%)
No data
Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes

You can grow your account to a maximum of $4,000,000. In order to scale your capital and grow, you must make 12% within a 3-month period. If you achieve this, they will increase your account size by 25% of your initial balance.

This is complementary to the Aqua Elite Program.

Limited

Discretionary invitation to Elite with real capital and individual limits. The website also advertises a waiting list; automatic scaling is not guaranteed.

Two Steps
Yes
No
Max Drawdown
  • Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step Pro, Aqua Man: Trailing, based on the highest value between equity and balance
  • TryAqua: Daily and maximum drawdowns are trailing
  • 1 Step Flex, 2 Step Elite, 3 Step: Static

EOD trailing: the threshold follows the highest closing value and never decreases. It locks at the initial balance when reached or after the first payout. Subsequent loss room consists of the profits left in the account.

Profit Split

90%. 100% with add-on (+15%)

No data
Free Trial
No
No
Daily Drawdown

Based on highest value between equity and balance

No data
Three Steps
Yes
No
Max Allocation
400,000
No data
Merge Accounts
Yes

Instant accounts can't be merged

No data
Maximum Trading Days

No limit

New purchases: 90-day evaluation; Instant accounts have no expiry. No monthly renewal fees for purchases from 22 October 2026 at 18:00. Older accounts retain their renewal terms.

Minimum Trading Days
  • Instant Standard, Instant Pro: 5 days (non-consecutive), 0.5% profit each
  • Instant Flex: 7 days
  • TryAqua: 5 days, with at least 0.5% profit each
  • 1 Step Standard: 3 days, 0.5% profit each
  • 1 Step Pro, 2 Step Standard: 5 days, 0.5% profit each
  • 1 Step Flex: no minimum during evaluation; 3 days before the first funded payout, with at least 0.5% profit each
  • 2 Step Pro: 0 in evaluation, 5 in funded
  • 2 Step Elite: 3 per step, at least 0.5% profit per day, not necessarily consecutive
  • 3 Step: not specified

Core: no minimum evaluation days. Rapid: the help center specifies 3 evaluation days and consistency.

Monthly Competition
No
No data
Account Reset
No data
Limited

Evaluation resets and up to two funded or Instant resets. Welcome is excluded according to the official help center.

Maximum Accounts
No data

Core: up to 10 funded; Rapid: up to 5. Separate limits for CFD/crypto and futures. One Welcome account per user and market. Core CFD/crypto 200K: up to 5 according to checkout. Unlimited evaluations; passed accounts can wait for an activation slot.

Expert Advisor (EA)
Yes
Limited

Only self-developed or transparent systems with full source access and control over their logic. No commercial black-box bots, HFT or arbitrage.

Hedging
Yes
Limited

Hedging mode only; never across accounts or users. Netting mode combines positions per instrument.

Requires Stop Loss
No
No data
Scalping
Yes
Limited

No HFT or tick scalping. Payouts require the 15-second rule: at least half of trades and profits must come from trades exceeding that threshold, as described in payout help.

Stacking / Layering (DCA)
Yes
No data
Martingale
Yes
No data
Maximum Risk Limit
Yes

If your floating PnL (profit and loss) drops below -2% of the account balance, the account will be permanently closed.

Only applies to Instant Funding Standard, Pro, Flex, AquaMan and TryAqua.

Limited

All trades in the same market are aggregated, including fees, spread and slippage. Limit: 1% in evaluation and 0.5% funded/Instant. Two soft closures; the third breach ends the account.

Copy Trading
Yes
  • Copy trading between AquaFunded accounts
  • Copy trading from Funded-to Evaluation accounts and vice versa
  • Copy trading between AquaFunded account and external accounts.
No
News Trading
Limited

Two policies depending on the account creation date:

Accounts opened after 2026-04-27

  • News trading is allowed.
  • Profits generated within 5 minutes before and 5 minutes after a red folder (high-impact) news event or FOMC are capped at 0.5% of the starting balance per payout cycle.
  • Anything above the cap is removed without further penalty.

Accounts opened before 2026-04-27

  • Trades opened or closed within 5 minutes before or 5 minutes after a red folder news event or FOMC on funded accounts are not allowed.
  • Any profits generated during these windows are removed.
Yes
Inactivity Rule

30 days

Closure after 8 calendar days without trading. Opening or closing a trade resets the timer; an open position pauses it.

Consistency Rule
Yes

Applies on funded accounts. A single trading day cannot equal or exceed a given percentage of total profits during the payout period. If it does, payouts are blocked until the ratio normalises; the account is not closed.

  • Instant Standard: 20%
  • Instant Pro: 20% for accounts purchased on or after 8 September 2026 (limited-time offer); 15% for accounts purchased before that date
  • Instant Flex: no consistency rule
  • Aqua Man: 15%
  • TryAqua: 15%
  • 1 Step Pro: 25%
  • 2 Step Pro: 50%
  • 1 Step Flex: no consistency rule
  • 1 Step Standard, 2 Step Standard, 2 Step Elite, 3 Step: no specific consistency rule documented
Limited

Core: 30% funded and Instant, none during evaluation. Rapid: 40% during evaluation and none when funded according to checkout and payout-specific help. The rule measures the best day against total profit and resets after each payout.

Hold Weekend
Yes
Yes
Prohibited Strategies
  • Use of platform or data freezing due to a Demo Server error.
  • Use of a delayed data feed
  • Trading on delayed charts
  • Tick scalping
  • High frequency trading
  • Arbitrage bots
  • Reverse arbitrage
  • Latency arbitrage
  • Hedge arbitrage or any emulators are prohibited.

Latency arbitrage, price or platform manipulation, spoofing/layering, bug exploitation, copying/external signals, third-party management, account sharing, multiple identities and excessive exposure.

VPN
No data
Limited

Allowed for security or connectivity, never to conceal identity or bypass restrictions.

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