IQ Capital launches Flex, a futures plan with no consistency rule and payouts every 5 days

IQ Capital has launched Flex, a new futures account available in $50,000 and $100,000 sizes. The firm presents it as a limited offer while it measures demand.

Flex has no consistency rule, either in the evaluation or on the funded account, and the challenge can be passed in a single day by reaching the profit target.

• $50,000: $3,000 profit target, $2,000 end-of-day trailing drawdown and a $1,300 soft daily loss limit. Up to 5 minis or 50 micros.
• $100,000: $6,000 profit target, $3,000 end-of-day trailing drawdown and a $1,800 soft daily loss limit. Up to 10 minis or 100 micros.

The daily loss limit is optional and can be removed for an extra $30. Flex is paid with a single fee, with no subscription and no activation fee.

On the funded account the profit split is 90% and payouts can be requested every 5 days, up to a maximum of 5 payouts. Each payout requires 5 days of at least $200 on the $50,000 account or $400 on the $100,000 account, and payouts are capped per cycle. Traders can hold up to 5 Flex accounts and trade them through Tradovate or dxFeed.