Launching soon — join the founding cohort

Trade our capital.
Keep up to 90% of the profits.

Prove your edge on a fully simulated account. Pass a transparent two-step evaluation, get funded up to $200,000, and get paid — fast, with rules that never move on you.

No card required to join the waitlist. Founding traders get early access.

$100,000 · 2-Step Evaluation
Powered by Match-Trader
8% / 5%
Profit target
10%
Max drawdown
5%
Daily loss
3
Min trading days
Up to $200K
Funded account size
90%
Max profit split
2-Step
Evaluation
1:100
Leverage
ForexMetalsIndicesCommoditiesCrypto CFDsNews trading allowedWeekend holding1:100 leverageRaw spreadsMatch-Trader platformForexMetalsIndicesCommoditiesCrypto CFDsNews trading allowedWeekend holding1:100 leverageRaw spreadsMatch-Trader platform
Challenges

Pick your account. See the real numbers.

Every figure below is calculated from our published launch rules for the size you choose — targets, limits and rewards in actual dollars.

$25,000 Account · 2-Step
Phase 1 profit target
$2,0008%
Phase 2 profit target
$1,2505%
Max drawdown (static)
$2,50010% · floor $22,500
Daily loss limit
$1,2505% of balance
Minimum trading days
3per phase
Leverage
1:100FX & metals
One-time evaluation fee
$189
One-time fee — no subscriptions
  • Keep 80% — up to 90% scaled
  • First reward from $250
  • No time limit to pass
  • Weekend & news trading allowed
Join the waitlist

Checkout opens at launch. Pricing is provisional.

How it works

Three steps. No fine print.

A clear path from proving your edge to getting paid — the rules are the same the whole way through.

01

Choose your challenge

Pick an account size from $5K to $200K. One transparent, one-time fee — no subscriptions, no hidden add-ons.

02

Pass two phases

Hit 8% then 5% profit over at least 3 trading days each — without breaching the 10% drawdown or 5% daily limit. No time pressure.

03

Get funded & paid

Trade a simulated funded account and keep 80% of the profit — rising to 90% as you scale. Rewards paid in real funds.

The path

From evaluation to your first payout

Here's the whole journey on a $100K account, using our actual launch rules.

  1. Day 0
    Buy evaluation
    $100K 2-Step · $549 fee
    −$549
  2. Phase 1
    Reach 8% target
    +$8,000 over ≥3 trading days
    Passed
  3. Phase 2
    Reach 5% target
    +$5,000 over ≥3 trading days
    Passed
  4. Funded
    Simulated account funded
    Same 10% / 5% limits apply
    Live
  5. Payout
    Request your first reward
    Keep 80% of simulated profit
    Paid

Illustrative example of the rules — not a customer record or a performance claim.

Trading conditions

Every rule, on one page

Published, static and applied by an engine — not by discretion. What you see here is what governs your account, start to finish.

8% / 5%
Profit targets
Phase 1 / Phase 2
10%
Max drawdown
Static — never trails your equity
5%
Daily loss limit
Resets 5:00 PM New York
3
Min trading days
Per phase
None
Time limit
Pass at your own pace
1:100
Leverage
Up to, FX & metals
80–90%
Profit split
Scales with the program
Allowed
News & weekend
Hold through both
Why Iron Funded

Everything you'd want. Nothing you'd fear.

The prop-firm experience without the traps — clear rules, fast money, and a platform that respects your skill.

Rules that never move

Static drawdown, published limits, and a rules engine that applies them the same way every time. No moving goalposts, no discretionary breaches.

Fast, real payouts

Request a reward and get paid in real funds via card, bank, or crypto. Your evaluation fee comes back with your first payout.

Keep up to 90%

Start at an 80% profit split and scale to 90% as your funded account grows. Your edge, your reward.

Trade your way

News trading and weekend holding are allowed. Forex, metals, indices, commodities and crypto CFDs at up to 1:100.

Institutional platform

Execute on Match-Trader with raw spreads and pro-grade tooling — the same infrastructure serious desks run on.

Built by traders

Transparent terms written to be read, not to trap you. If a rule isn't in writing, it isn't a rule.

Scaling program

Your skill is our capital

A structured path that rewards consistency — from your first funded account to an elite profit split.

80% split
Stage 1

Prove your edge

Pass the two-step evaluation on a simulated account and get funded. Start keeping 80% of your profits.

Up to $200K+
Stage 2

Grow your account

Trade consistently and your funded balance grows over time — larger accounts, bigger rewards, more room to work.

90% split
Stage 3

Reach 90%

As you scale through the program, your profit split climbs to 90%. The better you perform, the more you keep.

FAQ

Questions, answered

You trade a fully simulated account to demonstrate skill and discipline. Pass the two-step evaluation and you're funded — you trade a simulated funded account and earn real rewards on the profits you generate. You're never risking your own capital in the markets.

Phase 1 asks for an 8% profit, Phase 2 for 5%, each over at least 3 trading days. Throughout, you must stay within a 10% static maximum drawdown and a 5% daily loss limit. There's no time limit and no minimum-days pressure beyond the three.

Your loss floor is fixed at 90% of your starting balance and never moves up as your account grows. That makes the limit predictable — you always know exactly where it is, unlike trailing drawdowns that chase your equity.

You start at an 80% profit split and can scale to 90% through the program. Rewards are paid in real funds — the minimum first reward is the greater of $50 or 1% of your account.

Forex, metals, indices, commodities and cryptocurrency CFDs, with leverage up to 1:100. News trading is permitted and positions may be held over the weekend. If a rule isn't written down, it isn't a rule.

We're in final testing now. Join the waitlist to get founding-trader early access and to be notified the moment challenges open. Pricing shown is provisional and finalized at launch.

Founding cohort

Be first through the door.

Iron Funded opens soon. Join the waitlist for early access and to hear the moment challenges go live — no card, no commitment.

  • Early access before public launch
  • First to know when checkout opens
  • No spam — launch news only