At a glance

Category winners across the firms you picked

Cheapest to start

IQ Capital

$135 true cost

Highest rated

IQ Capital

4.7 / 5 trader rating

Best profit split

IQ Capital

80% to the trader

Tied — shown first

Fastest payout

Vest Markets (Perpetuals)

On demand

The bottom line

IQ Capital is the cheaper way in at $135 true cost versus $353 for Vest Markets (Perpetuals). IQ Capital has the stronger reputation with a 4.7/5 trader rating.

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.

42 of 61 metrics differ

IQ Capital4.7Details

Vest Markets (Perpetuals)4.5Details

Side-by-side comparison of IQ Capital, Vest Markets (Perpetuals)
	IQ Capital$50K	Vest Markets (Perpetuals)$50K
Account Pricing
Price	Best value: $135$67580% OFF	$353$41515% OFF
Activation Fee	None	None
True Cost	Best value: $135after discount + activation	$353after discount + activation
Reset Fee	Not published	Not available
Current Promotion	LUMI: $135.00 initial fee	LUMI (15% off)
Evaluation Phase
Profit Target	Not published	$5,00010.0% of account
Max Drawdown	Not published	$3,000
Drawdown Type	Not published	Static
Daily Loss Limit	Not published	$1,500
Max Position Size	Not published	Not published
Consistency Rule	Not published	Not published
Funded Phase
Max Drawdown	$2,000	$3,000
Drawdown Type	End of Day	Static
Daily Loss Limit	$1,000	Best value: $1,500
Max Payout/Cycle	$1,500Min: Not published	Best value: UncappedMin: Not published
Consistency Rule	No	Not published
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	641%	—
Target : Drawdown	—	1.67lower = easier to pass
Company Info
Established	Not published	2025
CEO	Christoph Radecker	Not disclosed
Country	Saint Lucia	Not published
Trader Rating	Best value: 4.7	4.5
Features
Allows Scaling	No	No
Daily Payouts	Yes	Yes
1-Day Pass	Yes	No
KYC Required	Required	Required
Trading
Instruments	Not published	BTC, ETH, SOL, ES, NQ, RTY, BZ, CL +5 more
Evaluation Types	1-step, Instant funding	1-step, 2-step, Instant funding
Platforms	Quantower, ATAS, DeepCharts +11 more	Vest Markets
Max Funding	—	—
Profit Split	80%	80%
Max Accounts	Not published funded · Unlimited evaluation	10 funded · 100 evaluation
Trading Rules
Scalping	Restricted	Restricted
Payouts
Payout Frequency	Every 1 trading days	On demand
Min Payout	Not published	Not published
Payout Methods	USDC (ERC-20), Bank transfer	USDC
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 1 trading days	On demand
Eligibility	1 trading days · profit above buffer	No minimum
Payout cap	$1,000 (#1-#2) → $1,500 (#3-#5)	Uncapped
Payout limit	5 payouts	Unlimited
Safety-net buffer	Not published	Not published
Scaling	Not published	Not published
Activation fee	None	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	Not published	None
Min trading days	Not published	Not published
Fastest possible pass	Not published	Not published
Resets	Not published	Not available
Consistency rule	Not published	Not published
Consistency applies to	Not published	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	✓ AllowedNo additional news blackout window is published.	? Not publishedNot specified in the reviewed official documentation.
Weekend holding	! RestrictedProhibited for Futures.…	✓ AllowedPositions may remain open through weekend closures, but non-crypto positions cannot be modified while their market is…
Overnight holding	! RestrictedFutures must close daily; CFD/Crypto may hold overnight.	✓ AllowedOvernight positions are supported, subject to each market schedule and account risk limits.
Bots & automation	? Not publishedHelp articles allow transparent, trader-controlled systems, but the Terms of Use prohibit automated trading tools.…	! RestrictedAPI trading is unavailable on evaluation and funded accounts.…
High-frequency trading	✗ Not allowed	? Not publishedNot specified in the reviewed official documentation.
Dollar-cost averaging	? Not publishedA separate dollar-cost-averaging policy was not found; combined positions remain subject to per-market loss limits.	? Not publishedNot specified in the reviewed official documentation.
Hedging	! RestrictedAllowed only within a CFD/Crypto hedging account.…	? Not publishedNot specified in the reviewed official documentation.
Copy trading	✗ Not allowedCopying, external signals, account sharing and third-party account management are prohibited.	? Not publishedNot specified in the reviewed official documentation.
Microscalping	! RestrictedAt least 50% of trades and at least 50% of profits must come from positions held longer than 15 seconds.…	? Not publishedNot specified in the reviewed official documentation.
VPN	! RestrictedAllowed for security or connectivity, never to hide identity or bypass jurisdiction restrictions.	! RestrictedVPNs and anonymization tools may not be used to evade eligibility or other contractual restrictions.

IQ Capital vs Vest Markets (Perpetuals): Full Comparison

IQ Capital, based in LC, and Vest Markets (Perpetuals), founded in 2025, are both popular choices among futures and crypto and forex prop traders. IQ Capital offers up to not published in funding, while Vest Markets (Perpetuals) provides up to not published across 10 accounts.

The verdict

IQ Capital is the cheaper way in at $135 true cost versus $353 for Vest Markets (Perpetuals). IQ Capital has the stronger reputation with a 4.7/5 trader rating. True cost compares IQ Capital's $50,000 Futures Rapid Daily (1D) account with Vest Markets (Perpetuals)'s $50,000 1-Step 10% Target / 80% Split / 3% DLL account, after current discounts and activation fees.

Key statistics for IQ Capital and Vest Markets (Perpetuals)
Feature	IQ Capital	Vest Markets (Perpetuals)
Profit Split	80%	80%
Trader rating	4.7/5	4.5/5
Max Funding	not published	not published
Entry cost (cheapest account)	$135	$8.50
True Cost (selected account)	$135 · $50,000	$353 · $50,000
Max Drawdown (selected account)	$2,000	$3,000
Daily Loss Limit (selected account)	$1,000	$1,500
Largest Account	$200,000	$50,000
Payout Frequency	Every 1 trading days	On demand
Trading days per payout cycle (selected account)	1 trading day	Not published
Evaluation Type	1-step, Instant funding	1-step, 2-step, Instant funding
Platforms	14	1
Discount	up to 80% off	up to 15% off

Where IQ Capital Wins

+Higher trader rating (4.7 vs 4.5)
+One-day pass available
+More platform options (14 vs 1)
+Bigger current discount (up to 80% vs up to 15%)

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

Where Vest Markets (Perpetuals) Wins

+Lower entry cost on its cheapest account, a $500 ($8.50 vs $135 for a $50,000)

Read the full Vest Markets (Perpetuals) review for rules, pricing tiers and payout details.

Frequently Asked Questions

What is the main difference between IQ Capital and Vest Markets (Perpetuals)?

IQ Capital offers a 80% profit split with 1-step/Instant funding evaluation, while Vest Markets (Perpetuals) offers a 80% profit split with 1-step/2-step/Instant funding evaluation. IQ Capital supports 14 trading platforms and Vest Markets (Perpetuals) supports 1. IQ Capital has a trader rating of 4.7/5 compared to Vest Markets (Perpetuals)'s 4.5/5.

Which is cheaper, IQ Capital or Vest Markets (Perpetuals)?

IQ Capital is cheaper to enter: $135 all-in for a $50,000 account, against $352.75 for Vest Markets (Perpetuals)'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. Both firms offer discounts — IQ Capital at up to 80% off and Vest Markets (Perpetuals) at up to 15% off.

Which has better payout terms, IQ Capital or Vest Markets (Perpetuals)?

IQ Capital pays out every 1 trading days with no published minimum for that selected account, while Vest Markets (Perpetuals) pays out on demand with no published minimum for that selected account. IQ Capital's selected account requires at least 1 trading day per payout cycle, and The trading-day requirement for Vest Markets (Perpetuals)'s selected payout cycle is not published. 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 IQ Capital and Vest Markets (Perpetuals)?

IQ Capital does not publish a trading-bot policy, while Vest Markets (Perpetuals) allows trading bots under published conditions. On VPNs, IQ Capital permits VPN use under published conditions and Vest Markets (Perpetuals) permits VPN use under published conditions.

IQ Capital vs Vest Markets (Perpetuals) — quick answer

IQ Capital vs Vest Markets (Perpetuals) for 2026: compare evaluation types (1-step, Instant funding vs 1-step, 2-step, Instant funding), payout cadence for the selected accounts (Every 1 trading days vs On demand), platforms, and true challenge cost. Both pay the same profit split on the accounts compared here. Use the tables below for drawdown, minimum days, and current promotion status before you buy.

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