At a glance

Category winners across the firms you picked

Cheapest to start

DayTraders

$55 true cost

Highest rated

IQ Capital

4.7 / 5 trader rating

Best profit split

DayTraders

100% to the trader

Fastest payout

IQ Capital

Every 1 trading days

The bottom line

Accounts compared here

True cost here means the initial account fee plus activation after the displayed promotion. It excludes renewals, resets, taxes and optional charges. Open each account for its billing terms, evaluation rules and funded payout requirements; a lower entry cost does not guarantee a payout.

57 of 61 metrics differ

DayTraders4.6Details

IQ Capital4.7Details

Side-by-side comparison of DayTraders, IQ Capital
	DayTraders$50K	IQ Capital$50K
Account Pricing
Price	Best value: $50	$135$67580% OFF
Activation Fee	$5	Best value: None
True Cost	Best value: $55after discount + activation	$135after discount + activation
Reset Fee	Not available	Not published
Current Promotion	No applicable code	LUMI: $135.00 initial fee
Evaluation Phase
Profit Target	$3,7507.5% of account	Not published
Max Drawdown	$1,000	Not published
Drawdown Type	Static	Not published
Daily Loss Limit	None	Not published
Max Position Size	6 contracts	Not published
Consistency Rule	50%	Not published
Funded Phase
Max Drawdown	$1,000	$2,000
Drawdown Type	Static	End of Day
Daily Loss Limit	Best value: None	$1,000
Max Payout/Cycle	Best value: $2,000Min: $500	$1,500Min: Not published
Consistency Rule	30%	No
Value MetricsDerived from price, discount, targets and payout caps — fewer breakeven cycles and higher first-cycle ROI mean the account pays for itself faster.
Breakeven Winning Cycles	1 cycle	1 cycle
Max First-Cycle ROI	Best value: 3536%	641%
Target : Drawdown	3.75lower = easier to pass	—
Company Info
Established	2023	Not published
CEO	Not disclosed	Christoph Radecker
Country	United States	Saint Lucia
Trader Rating	4.6	Best value: 4.7
Features
Allows Scaling	Yes	No
Daily Payouts	No	Yes
1-Day Pass	No	Yes
KYC Required	Required	Required
Trading
Instruments	ES, NKD, NQ, YM, EMD, RTY, HE, LE +34 more	Not published
Evaluation Types	1-step, Instant funding	1-step, Instant funding
Platforms	Onyx, R\|Trader Pro, Quantower +10 more	Quantower, ATAS, DeepCharts +11 more
Max Funding	$1.5M	—
Profit Split	Best value: 100%	80%
Max Accounts	15 funded · 15 evaluation	Not published funded · Unlimited evaluation
Trading Rules
Scalping	Allowed	Restricted
Payouts
Payout Frequency	Every 8 trading days	Every 1 trading days
Min Payout	$500	Not published
Payout Methods	Bank payout through Plane, the firm's payout provider: “Navigate to ‘Payout Method’ and set up a provider such as Plane”. Onboarding collects “US Citizen or US Taxpayer status, Government ID Number or Passport Number, Payout Type (e.g. Plane), Payout Email”, after which the trader creates a Plane account and signs the contract; bank details are held at Plane, not DayTraders. A payout profile may be registered as a business (legal business name, address, EIN, formation documents, business bank account) even though the trading account itself must stay individual., DT Wallet — site credit instead of cash, for simulated payouts only: “If you are eligible, you can choose to have an approved simulated payout credited to your DT Wallet instead of receiving it as a bank payout”, minimum $100, credited instantly, “No transfer fee”. It is not a withdrawal: “DT Wallet funds cannot be withdrawn as cash”, the choice is irreversible once approved, and “Live account payouts cannot be sent to the DT Wallet and must be sent to the bank.”	USDC (ERC-20), Bank transfer
Payout StructureHow money actually leaves the account: what you must do to qualify, how much each payout may be, and when the cap stops applying.
Payout cadence	Every 8 trading days	Every 1 trading days
Eligibility	8 trading days · 8 profitable days · profit above buffer	1 trading days · profit above buffer
Payout cap	$2,000 per payout	$1,000 (#1-#2) → $1,500 (#3-#5)
Payout limit	Not published	5 payouts
Safety-net buffer	Fixed	Not published
Scaling	None	Not published
Activation fee	One-time	None
Evaluation TermsThe shape of the challenge itself, including where the consistency rule applies — an evaluation-only rule and one that binds for the life of the account are very different obligations.
Evaluation type	1-step	1-step
Time limit	None	Not published
Min trading days	2	Not published
Fastest possible pass	2 days	Not published
Resets	Not available	Not published
Consistency rule	30%	Not published
Consistency applies to	Every payout cycle	Not published
What You May TradeEach firm's own position on the strategies traders get breached for, with its published qualification. A restriction is not the same as a ban.
News trading	✓ Allowed…	✓ AllowedNo additional news blackout window is published.
Weekend holding	? Not publishedTwo of the firm's own documents disagree.…	! RestrictedProhibited for Futures.…
Overnight holding	? Not publishedSame contradiction as weekend holding, and the same two sources.…	! RestrictedFutures must close daily; CFD/Crypto may hold overnight.
Bots & automation	✗ Not allowedThe current No High Frequency Trading article explicitly requires manual trading and tells traders to ensure trades are…	? Not publishedHelp articles allow transparent, trader-controlled systems, but the Terms of Use prohibit automated trading tools.…
High-frequency trading	✗ Not allowed“High Frequency Trading (HFT) strategies that rely on the rapid execution of multiple trades within very short time”…	✗ Not allowed
Dollar-cost averaging	✓ Allowed“DCA is allowed during both the evaluation and Pro account phases.” The dedicated article frames it as a deliberate…	? Not publishedA separate dollar-cost-averaging policy was not found; combined positions remain subject to per-market loss limits.
Hedging	✗ Not allowedThe dedicated article bans it inside one account as well as across accounts: “hedging across accounts or within the”…	! RestrictedAllowed only within a CFD/Crypto hedging account.…
Copy trading	! RestrictedOwn-account copying is supported through Onyx and the rTrader Pro Copier.…	✗ Not allowedCopying, external signals, account sharing and third-party account management are prohibited.
Microscalping	? Not publishedNo microscalping or minimum-hold rule is published, and no percentage or holding-time threshold exists anywhere in the…	! RestrictedAt least 50% of trades and at least 50% of profits must come from positions held longer than 15 seconds.…
VPN	? Not publishedThe Terms of Use prohibit VPN/VPS use on accounts and the purchasing rules reject VPN payments.…	! RestrictedAllowed for security or connectivity, never to hide identity or bypass jurisdiction restrictions.

DayTraders vs IQ Capital: Full Comparison

DayTraders, founded in 2023, based in US, and IQ Capital, based in LC, are both popular choices among futures and crypto and forex prop traders. DayTraders offers up to $1,500,000 in funding across 15 accounts, while IQ Capital provides up to not published. Both firms support Quantower, ATAS.

The verdict

DayTraders is the cheaper way in at $55 true cost versus $135 for IQ Capital. DayTraders returns more to the trader with a 100% profit split. IQ Capital has the stronger reputation with a 4.7/5 trader rating. True cost compares DayTraders's $50,000 Static account with IQ Capital's $50,000 Futures Rapid Daily (1D) account, after current discounts and activation fees.

Key statistics for DayTraders and IQ Capital
Feature	DayTraders	IQ Capital
Profit Split	100%	80%
Trader rating	4.6/5	4.7/5
Max Funding	$1,500,000	not published
Entry cost (cheapest account)	$45	$135
True Cost (selected account)	$55 · $50,000	$135 · $50,000
Max Drawdown (selected account)	$1,000	$2,000
Daily Loss Limit (selected account)	None	$1,000
Largest Account	$300,000	$200,000
Payout Frequency	Every 8 trading days	Every 1 trading days
Trading days per payout cycle (selected account)	8 trading days	1 trading day
Evaluation Type	1-step, Instant funding	1-step, Instant funding
Platforms	13	14
Discount	No current discount	up to 80% off

Where DayTraders Wins

+Higher profit split (100% vs 80%)
+Lower entry cost on its cheapest account, a $25,000 ($45 vs $135 for a $50,000)

Read the full DayTraders review for rules, pricing tiers and payout details.

Where IQ Capital Wins

+Higher trader rating (4.7 vs 4.6)
+Offers daily payouts
+One-day pass available
+More platform options (14 vs 13)
+Bigger current discount (up to 80% vs 0%)

Read the full IQ Capital review for rules, pricing tiers and payout details.

Frequently Asked Questions

What is the main difference between DayTraders and IQ Capital?

DayTraders offers a 100% profit split with 1-step/Instant funding evaluation, while IQ Capital offers a 80% profit split with 1-step/Instant funding evaluation. DayTraders supports 13 trading platforms and IQ Capital supports 14. DayTraders has a trader rating of 4.6/5 compared to IQ Capital's 4.7/5.

Which is cheaper, DayTraders or IQ Capital?

DayTraders is cheaper to enter: $55 all-in for a $50,000 account, against $135 for IQ Capital's $50,000 account. Both figures are after the current discount and include the activation fee. Entry cost excludes renewals, resets, taxes and optional charges; it is not the total cost of reaching a payout. IQ Capital currently offers up to 80% off; the other has no current discount.

Which has better payout terms, DayTraders or IQ Capital?

DayTraders pays out every 8 trading days with a minimum of $500, while IQ Capital pays out every 1 trading days with no published minimum for that selected account. DayTraders's selected account requires at least 8 trading days per payout cycle, and IQ Capital's selected account requires at least 1 trading day per payout cycle. Qualifying-day profit thresholds, buffers, consistency rules and approval requirements still apply. A trading-day minimum is not a payment-delivery estimate.

Can I use trading bots with DayTraders and IQ Capital?

DayTraders does not allow trading bots, while IQ Capital does not publish a trading-bot policy. On VPNs, DayTraders does not publish a VPN policy and IQ Capital permits VPN use under published conditions.

DayTraders vs IQ Capital — quick answer

DayTraders vs IQ Capital for 2026: compare evaluation types (1-step, Instant funding vs 1-step, Instant funding), payout cadence for the selected accounts (Every 8 trading days vs Every 1 trading days), platforms, and true challenge cost. DayTraders offers a higher profit split (100% vs 80%). Use the tables below for drawdown, minimum days, and current promotion status before you buy.

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