What challenges does AquaFunded offer?

One-time-purchase plans across several formats: a two-step 'Sea Horse' Challenge and Instant Funding (Standard and Pro), starting at $2.5K. You trade forex, metals, indices, commodities, and crypto on cTrader, Match-Trader, MetaTrader 5, or TradeLocker.

What are the targets and drawdown rules?

On the standard evaluation the profit target is around 9% with a 3% daily and 6% max drawdown; the two-step Sea Horse Pro runs a higher 15% total target with 5% daily and 10% max. Instant Funding accounts skip the target and carry their own drawdown (from 3% up to 6% depending on tier).

What profit split does AquaFunded pay, and how often?

Up to 90% of profits, with payouts on a 14-day cycle. You are free to leave profits in the account and withdraw later if you prefer.

Do I have to cover my losses?

No. You never pay for trading losses on a funded account. If you fail an evaluation or lose a funded account, you are not charged for the losses, though you would need to re-apply (buy a new evaluation) to continue.

Is the evaluation fee refundable?

No, the evaluation fee is non-refundable. The evaluation itself starts as soon as you complete registration and payment.

Can I trade multiple accounts, and is there a scaling plan?

Yes to both. You can trade multiple accounts as long as you follow each plan's terms, and AquaFunded offers a scaling plan that increases your capital as you perform. The maximum capital allowed depends on the specific plan you choose.

Is there an inactivity rule?

Yes — AquaFunded can breach accounts for inactivity, which may bring funding restrictions, so you need to keep the account traded periodically.

Are there country restrictions?

Yes, AquaFunded restricts certain countries. Because the eligible-country list is updated over time, check AquaFunded's website for the current position before signing up.

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All Forex prop firms

Forex prop firm

AquaFunded Review

4.4across 293 reviews

Max profit split: 90%
Challenges from: $29
Largest account: $400K
Payouts: Every 14 days
First payout: 14 days

UAE-based CFD prop firm with eight program types and a 48-hour payout guarantee

AquaFunded discount code — full terms & discounted prices

How AquaFunded compares

Strengths

Up to a 90% profit split — higher than the 80% median among the 19 forex firms we track.
Funds accounts up to $400K — larger than the typical ceiling among the 19 forex firms we track.

AquaFunded suits traders who value a higher profit split and larger funded accounts.

Ratings

Community rating

4.4/ 5

293 reviews

Community following13,485

Ratings aggregated from public trader review scores, verified 2026-08.

About AquaFunded

AquaFunded is a UAE-based proprietary trading firm founded in December 2023, offering eight evaluation and funding tracks across 60 configurations with a uniform 90% profit split. It trades CFDs on forex, metals, indices, crypto, and commodities across cTrader, Match Trader, MT5, and TradeLocker.

Headquarters

United Arab Emirates

Founded

2023

Chief executive

Lewis Morton (COO)

Max profit split

90%

Starting price

$29

Largest account

$400K

Payout frequency

Every 14 days

First payout

14 days

Profit target

Max drawdown

Platforms

cTraderMatch TraderMT5TradeLocker

Markets

ForexMetalsIndicesCryptocurrenciesOther Commodities

Challenges & pricing

AquaFunded's cheapest plan is a $5,000 2-step account at $29; the largest funded account is $400,000 ($2,699). In total AquaFunded lists 49 plan configurations across 4 account models, with profit splits up to 90%.

AquaFunded's Instant Funding Pro runs from a $2,500 instant-funding account at $60 up to $400,000 at $2,699, with a max loss of 6%, a daily loss limit of 3% and a profit split of 90%.

$2.5K

Instant

Account size

Fee

$60

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$5K

Instant

Account size

Fee

$102

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$10K

Instant

Account size

Fee

$155

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$25K

Instant

Account size

Fee

$310

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$50K

Instant

Account size

Fee

$465

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$100K

Instant

Account size

Fee

$750

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$150K

Instant

Account size

Fee

$980

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$200K

Instant

Account size

Fee

$1,250

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

Best value

$250K

Instant

Account size

Fee

$1,540

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$300K

Instant

Account size

Fee

$2,099

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

$400K

Instant

Account size

Fee

$2,699

Profit target: 9%
Max loss: 6% trailing
Daily loss: 3%
Profit split: 90%

Swipe for more

About the Instant Funding Pro program

Rules that apply to every account size above.

In detail
Profit split	90% standard; 100% add-on available
Evaluation
Min trading days	5 qualifying profitable days (at least 0.5% each)
Funded account
Funded drawdown	6% trailing
Consistency rule	20% for Instant Funding Standard MODEL · one trading day can not equal or be greater than 20% of the total profits made
Consistency rule (funded)	15% best-day consistency rule for payout eligibility
Max allocation	$400,000 funded allocation; scaling up to $4,000,000
Scaling plan	Reach 12% profit within 3 months for a 25% increase of initial balance; repeat up to $4,000,000
Payouts
Payout frequency	Every 14 days
First payout	14 days after first funded trade (7-day or on-demand add-ons available by model)
Processing time	24 business hours (payout guarantee)
Min days to payout	14 days after first funded trade; minimum-trading-day rules may also apply
Trading rules
Weekend holding	Allowed
Overnight holding	Allowed
Hedging	Allowed within the same trading account
Copy trading	Allowed between personal AquaFunded and external accounts
Expert advisors	Allowed as part of the trader’s own personal strategy
Other restrictions	No demo-server/data-feed exploitation, delayed charts, tick scalping, HFT, arbitrage bots, reverse/latency/hedge arbitrage, or emulators
Commission / lot	Fx: $5 per lot · Commodities: $5 per lot · Indicies: $0 · Crypto: $0 · ECN spreads
Access
Platforms	MatchTrader, TradeLocker, MetaTrader 5, cTrader
Payout methods	Crypto, Rise (bank transfer or crypto)

AquaFunded's Instant Funding Standard runs from a $2,500 instant-funding account at $64 up to $300,000 at $1,810, with a max loss of 3% and a profit split of 90%.

$2.5K

Instant

Account size

Fee

$64

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$5K

Instant

Account size

Fee

$117

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$10K

Instant

Account size

Fee

$158

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$25K

Instant

Account size

Fee

$317

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$50K

Instant

Account size

Fee

$475

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$100K

Instant

Account size

Fee

$767

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$200K

Instant

Account size

Fee

$1,265

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

$250K

Instant

Account size

Fee

$1,560

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

Best value

$300K

Instant

Account size

Fee

$1,810

Profit target: 9%
Max loss: 3% trailing
Daily loss: 3%
Profit split: 90%

Swipe for more

About the Instant Funding Standard program

Rules that apply to every account size above.

In detail
Profit split	90% standard; 100% add-on available
Evaluation
Min trading days	5 qualifying profitable days (at least 0.5% each)
Funded account
Funded drawdown	3% trailing
Consistency rule	20% for Instant Funding Standard MODEL · one trading day can not equal or be greater than 20% of the total profits made
Consistency rule (funded)	20% best-day consistency rule for payout eligibility
Max allocation	$400,000 funded allocation; scaling up to $4,000,000
Scaling plan	Reach 12% profit within 3 months for a 25% increase of initial balance; repeat up to $4,000,000
Payouts
Payout frequency	Every 14 days
First payout	14 days after first funded trade (7-day or on-demand add-ons available by model)
Processing time	24 business hours (payout guarantee)
Min days to payout	14 days after first funded trade; minimum-trading-day rules may also apply
Trading rules
Weekend holding	Allowed
Overnight holding	Allowed
Hedging	Allowed within the same trading account
Copy trading	Allowed between personal AquaFunded and external accounts
Expert advisors	Allowed as part of the trader’s own personal strategy
Other restrictions	No demo-server/data-feed exploitation, delayed charts, tick scalping, HFT, arbitrage bots, reverse/latency/hedge arbitrage, or emulators
Commission / lot	Fx: $5 per lot · Commodities: $5 per lot · Indicies: $0 · Crypto: $0 · ECN spreads
Access
Platforms	MatchTrader, TradeLocker, MetaTrader 5, cTrader
Payout methods	Crypto, Rise (bank transfer or crypto)

AquaFunded's Pro Challenge runs from a $5,000 account at $29 up to $200,000 at $822, with a profit target of 6% or 15%, a max loss of 6% or 10%, a daily loss limit of 3% or 5% and a profit split of 90%.

Customizable max loss — pick your risk tier on each account.

$5K

1-step

Account size

Max loss

Fee

$59

Profit target: 6%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$10K

1-step

Account size

Max loss

Fee

$99

Profit target: 6%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$25K

1-step

Account size

Max loss

Fee

$199

Profit target: 6%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$50K

1-step

Account size

Max loss

Fee

$289

Profit target: 6%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$100K

1-step

Account size

Max loss

Fee

$459

Profit target: 6%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

Best value

$200K

1-step

Account size

Max loss

Fee

$899

Profit target: 6%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

Swipe for more

About the Pro Challenge program

Rules that apply to every account size above.

In detail
Profit split	90% standard; 100% add-on available
Evaluation
Min trading days	1-Step Pro: 5 qualifying days; 2-Step Pro: none in evaluation, 5 in funded
Funded account
Funded drawdown	1-Step Pro: 6% trailing; 2-Step Pro: 10% trailing
Consistency rule	20% for Instant Funding Standard MODEL · one trading day can not equal or be greater than 20% of the total profits made
Consistency rule (funded)	25% best-day consistency rule for payout eligibility
Max allocation	$400,000 funded allocation; scaling up to $4,000,000
Scaling plan	Reach 12% profit within 3 months for a 25% increase of initial balance; repeat up to $4,000,000
Payouts
Payout frequency	Every 14 days
First payout	14 days after first funded trade (7-day or on-demand add-ons available by model)
Processing time	24 business hours (payout guarantee)
Min days to payout	14 days after first funded trade; minimum-trading-day rules may also apply
Refund policy	Evaluation fee refunded with the fourth payout unless the account hard-breaches first
Trading rules
Weekend holding	Allowed
Overnight holding	Allowed
Hedging	Allowed within the same trading account
Copy trading	Allowed between personal AquaFunded and external accounts
Expert advisors	Allowed as part of the trader’s own personal strategy
Other restrictions	No demo-server/data-feed exploitation, delayed charts, tick scalping, HFT, arbitrage bots, reverse/latency/hedge arbitrage, or emulators
Commission / lot	Fx: $5 per lot · Commodities: $5 per lot · Indicies: $0 · Crypto: $0 · ECN spreads
Access
Platforms	MatchTrader, TradeLocker, MetaTrader 5, cTrader
Payout methods	Crypto, Rise (bank transfer or crypto)

AquaFunded's Challenge runs from a $5,000 account at $39 up to $200,000 at $677, with a profit target of 9%, 13% or 18%, a max loss of 6% or 8%, a daily loss limit of 3%, 4% or 5% and a profit split of 90%.

Customizable max loss — pick your risk tier on each account.

$5K

1-step

Account size

Max loss

Fee

$67

Profit target: 9%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$10K

3-step

Account size

Fee

$77

Profit target: 18%
Max loss: 8%
Daily loss: 4%
Profit split: 90%

$10K

2-step

Account size

Fee

$89

Profit target: 13%
Max loss: 8%
Daily loss: 5%
Profit split: 90%

$10K

1-step

Account size

Fee

$113

Profit target: 9%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$25K

2-step

Account size

Fee

$139

Profit target: 13%
Max loss: 8%
Daily loss: 5%
Profit split: 90%

$25K

3-step

Account size

Fee

$157

Profit target: 18%
Max loss: 8%
Daily loss: 4%
Profit split: 90%

$25K

1-step

Account size

Fee

$227

Profit target: 9%
Max loss: 8%
Daily loss: 3%
Profit split: 90%

$50K

3-step

Account size

Fee

$237

Profit target: 18%
Max loss: 8%
Daily loss: 4%
Profit split: 90%

$50K

2-step

Account size

Fee

$299

Profit target: 13%
Max loss: 8%
Daily loss: 5%
Profit split: 90%

$50K

1-step

Account size

Fee

$327

Profit target: 9%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$100K

3-step

Account size

Fee

$377

Profit target: 18%
Max loss: 8%
Daily loss: 4%
Profit split: 90%

$100K

2-step

Account size

Fee

$469

Profit target: 13%
Max loss: 8%
Daily loss: 5%
Profit split: 90%

$100K

1-step

Account size

Fee

$527

Profit target: 9%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

$200K

3-step

Account size

Fee

$677

Profit target: 18%
Max loss: 8%
Daily loss: 4%
Profit split: 90%

$200K

2-step

Account size

Fee

$947

Profit target: 13%
Max loss: 8%
Daily loss: 5%
Profit split: 90%

$200K

1-step

Account size

Fee

$1,017

Profit target: 9%
Max loss: 6%
Daily loss: 3%
Profit split: 90%

Swipe for more

About the Challenge program

Rules that apply to every account size above.

In detail
Profit split	90% standard; 100% add-on available
Evaluation
Min trading days	1-Step and 2-Step Standard: 3 qualifying days; 3-Step: none
Funded account
Funded drawdown	1-Step Standard: 6% trailing; 2-Step Standard and 3-Step: 8% static
Consistency rule	20% for Instant Funding Standard MODEL · one trading day can not equal or be greater than 20% of the total profits made
Max allocation	$400,000 funded allocation; scaling up to $4,000,000
Scaling plan	Reach 12% profit within 3 months for a 25% increase of initial balance; repeat up to $4,000,000
Payouts
Payout frequency	Every 14 days
First payout	14 days after first funded trade (7-day or on-demand add-ons available by model)
Processing time	24 business hours (payout guarantee)
Min days to payout	14 days after first funded trade; minimum-trading-day rules may also apply
Refund policy	Evaluation fee refunded with the fourth payout unless the account hard-breaches first
Trading rules
Weekend holding	Allowed
Overnight holding	Allowed
Hedging	Allowed within the same trading account
Copy trading	Allowed between personal AquaFunded and external accounts
Expert advisors	Allowed as part of the trader’s own personal strategy
Other restrictions	No demo-server/data-feed exploitation, delayed charts, tick scalping, HFT, arbitrage bots, reverse/latency/hedge arbitrage, or emulators
Commission / lot	Fx: $5 per lot · Commodities: $5 per lot · Indicies: $0 · Crypto: $0 · ECN spreads
Access
Platforms	MatchTrader, TradeLocker, MetaTrader 5, cTrader
Payout methods	Crypto, Rise (bank transfer or crypto)

Check this firm’s payout stats, verified on-chain:

AquaFunded payouts

Recent changes

Reviewed updates to AquaFunded's pricing, account configuration, FAQs and trading rules, tracked in Fine Print.

Rules
Consistency rule changed from 20% to 15% for instant funded challenges.
Before
… consistency rule of ~~20%~~ applies, that means that one trading day can not equal or be greater than ~~20%~~ of the total profits made.
After
… consistency rule of 15% applies, that means that one trading day can not equal or be greater than 15% of the total profits made.
6 days agoSource — view the changed page on AquaFunded's website
Rules
Daily drawdown limit calculation changed from 3% of initial…ance to 3% of previous day ending balance/equity.
Before
… 3% of your ~~initial account balance.~~
After
… 3% of your previous days finishing balance/equity.
16 days agoSource — view the changed page on AquaFunded's website
Rules
Margin usage/gambling rule changed from general "all or nothing" policy to an 80% margin cap per trade.
Before
Gambling Policy: At Aqua Funded, we have a strict policy against "all or nothing" trading strategies. We do not accept strategies that rely on this approach. Our focus is on…
After
Margin Usage / Gambling Policy: AquaFunded does not allow excessive margin usage or “all or nothing” trading. A trader must not use more than 80% of the available margin on …
26 days agoSource — view the changed page on AquaFunded's website