UP TO 25% OFF PROP FIRM ACCOUNTS
Overview of Aqua Funded
Aqua Funded is a proprietary trading firm based in Dubai that aims to democratize access to trading capital for skilled traders worldwide. Established in December 2023, the firm offers a range of evaluation models tailored for both new and experienced traders.
Evaluation Structure
Aqua Funded provides several evaluation models including:
- Instant Funding
- 1-Step Challenge
- 2-Step Challenge
- 3-Step Challenge
Their scalable plan allows traders to grow their assigned capital, potentially up to $4,000,000. The specifics around the evaluation phases and profit targets vary by model, with no time limits placed on the evaluation periods.
Key Rules
Aqua Funded has implemented several key rules that traders must adhere to:
- Drawdown Rules: Different challenges have specific max drawdown limits. For example, the Instant Funding (Pro) model allows for a maximum drawdown of 6% while the One Step (Standard) model has a maximum drawdown of 6% as well.
- Consistency Rule: Traders must maintain daily profits within certain thresholds; for instance, the Instant Funded Standard has a 40% daily consistency limit.
- Minimum Trading Days: Instant Funded models require at least 5 trading days with a minimum profit of 0.5% on qualifying days, while the 1-Step models require 3 days.
- Restricted Strategies: News trading is generally allowed during evaluation, but funded accounts cannot open or close positions within 5 minutes of major news events.
Platforms & Instruments Supported
Aqua Funded supports multiple trading platforms including:
- cTrader
- MatchTrader
- TradeLocker
- MT5
Traders can access various instruments such as:
- Forex
- Metals
- Indices
- Crypto
- Commodities
Pricing & Account Sizes
Aqua Funded offers a variety of account sizes with corresponding challenge fees. Some of the key options are as follows:
| Account Size (USD) | Price (USD) | Challenge Name |
|---|---|---|
| 2,500 | 64 | Instant Funding (Standard) |
| 5,000 | 117 | Instant Funding (Standard) |
| 10,000 | 158 | Instant Funding (Standard) |
| 25,000 | 317 | Instant Funding (Standard) |
| 50,000 | 475 | Instant Funding (Standard) |
| 100,000 | 767 | Instant Funding (Standard) |
Traders can choose from various pricing options, with some models available at discounted rates.
Payouts and Methods
Aqua Funded is competitive in its payout options, offering:
- Profit splits of 90% or a 100% option at checkout
- Payout methods including Riseworks and Crypto
- On-demand payouts for instant funding accounts
Who This Firm Suits
Aqua Funded is suitable for traders who prefer:
- A range of evaluation models that accommodate various trading styles and preferences.
- Competitive profit splits and flexible account sizes.
- Traders who are disciplined and can adhere to strict rules regarding drawdown and trading consistency.
However, the firm may not be suitable for those who:
- Prefer not to work within specific trading restrictions, particularly during major news events.
- Seek unfettered trading freedom as switching strategies between funded phases is not allowed.
- Reside in countries where the firm is restricted.
Conclusion
In summary, Aqua Funded represents a newcomer in the proprietary trading firm landscape, designed for traders seeking flexible funding options and competitive terms. Its structured approach to evaluation and focus on trader consistency and discipline may appeal to skilled traders ready to adhere to established guidelines.
Risk Disclaimer: Trading involves risk. Evaluation terms can change, and readers should verify current terms directly with the firm before purchasing a challenge.
