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Unbiased Prop Firm Data, Reviews & Comparisons
Lark Funding
CEO
Matthew Letourneau
Country
CA
Date Created
June 2022
Years in Operation
4
4.4
6 reviews
5
4
3
2
1
About Lark Funding
Lark Funding offers funded trading programs with a focus on flexible evaluation structures. The firm operates a 1-Step Standard evaluation, a newer 1-Step Career (Lark 3.0) track, and a 3-Step program — each with distinct leverage and risk parameters. Notably, funded accounts carry no profit targets, and the 3-Step program advertises no daily loss limit across all phases, relying solely on a 5% static maximum drawdown.
- Affiliate program: No universal code; each partner receives a unique affiliateId via the dashboard.
- Funded profit targets: 0% — profit targets apply only during evaluation phases.
- 3-Step drawdown: No daily loss limit in any phase (including funded); only the 5% static max drawdown applies.
- Leverage variations: Standard 1-Step uses blended 20:1 for metals; 1-Step Career splits metals at 10:1/5:1.
Supported platforms
Broker & Platforms
Broker
Payment & Payout Methods
Payment methods
Payout methods
Instruments & Assets
The provided source material does not specify the full list of tradable instruments or asset classes offered by Lark Funding.
Note: The leverage discussion references Metals (with blended 20:1 on Standard 1-Step vs. split 10:1/5:1 on 1-Step Career), implying metals are among the available instruments. No other asset classes (forex, indices, crypto, equities, etc.) are detailed in the paste.
Challenge
Metals
Energy
Crypto
Indices
1-Step
Metals
1:10
Energy
1:5
Crypto
1:2
Indices
1:10
3-Step
Metals
1:10
Energy
NA
Crypto
1:2
Indices
1:20
Instant
Metals
1:10
Energy
NA
Crypto
1:2
Indices
1:10
Commissions & fees
No daily loss limit on 3-Step; 5% static max drawdown; variable leverage by program (Standard 1-Step Metals 20:1, Career 1-Step Metals 10:1/5:1); no funded profit target; affiliate program with per-partner IDs
Trading Rules & Compliance
Funded Profit Targets
Once a trader reaches the funded stage, there are no profit targets for either the 1-Step or 3-Step programs. Profit targets apply only during the evaluation phase(s).
Daily Drawdown Limits
The 3-Step program has no daily loss limit across all three evaluation phases and the funded stage. This is explicitly stated on the official program page. The funded-stage figure is inferred from the program-wide policy.
Maximum Drawdown
A 5% static maximum drawdown applies to the 3-Step program (all phases and funded stage). This is the sole drawdown constraint for that program.
Leverage
Lark Funding publishes two distinct 1-Step programs with different leverage schedules:
- Standard 1-Step — Metals blended at 20:1.
- 1-Step Career (Lark 3.0) — Metals split at 10:1 and 5:1 tiers.
Both sets of figures are current; the applicable leverage depends on which 1-Step program the trader selects.
Affiliate Program
Lark Funding does not use a universal affiliate code. Each partner receives a unique affiliateId through the dashboard's Affiliate Program. PropFirmPal would need to register as an affiliate to obtain a code.
Payout Policy
1-Step Standard
- Minimum payout: Not specified in source
- Payout frequency: Not specified in source
- Profit split: Not specified in source
- Profit target (funded): 0% (no further gain target after evaluation)
- Daily drawdown limit: Not specified for funded stage
- Max drawdown: Not specified in source
- Payout caps/buffers: Not specified in source
1-Step Career (Lark 3.0)
- Minimum payout: Not specified in source
- Payout frequency: Not specified in source
- Profit split: Not specified in source
- Profit target (funded): 0% (no further gain target after evaluation)
- Daily drawdown limit: Not specified for funded stage
- Max drawdown: Not specified in source
- Payout caps/buffers: Not specified in source
3-Step
- Minimum payout: Not specified in source
- Payout frequency: Not specified in source
- Profit split: Not specified in source
- Profit target (funded): 0% (no further gain target after evaluation)
- Daily drawdown limit: None (all phases + funded)
- Max drawdown: 5% static (all phases + funded)
- Payout caps/buffers: Not specified in source
Note: The provided source material does not contain explicit payout policy details (minimum thresholds, frequency, profit splits, or caps) for any program. Only evaluation-phase profit targets and drawdown rules are documented.
Restricted Countries
Traders from the following countries cannot open accounts with this firm.
FAQs
What time are daily loss limits and drawdown-lock resets calculated?
Daily loss limits and drawdown-lock resets are calculated at 5:00 PM EST.
What happens if I fail to place a stop loss on a trade?
Failing to place a stop loss triggers an automatic close of the trade; this is treated as a Soft Breach only (trading can continue), not a Hard Breach.
What is the inactivity policy for accounts?
At least one trade must be placed every 30 days, or the account is considered inactive and breached.
Is hedging allowed on Lark Funding accounts?
Hedging is permitted within the same account; hedging between multiple Evaluation or Simulated Funded Accounts is strictly prohibited.
Are Expert Advisors (EAs) allowed?
Expert Advisors (EAs) are allowed, but no public API is offered (connections made at own risk); EAs built for High-Frequency Trading (HFT) or arbitrage are strictly prohibited.
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