
Lark Funding
Verified
Top Rated
CEO
Matthew Letourneau
Country
CA
Date Created
June 2022
Years in Operation
4
5
Based on 1 review
Rules
No Account Sharing or Third-Party Trading
Only the account owner may trade.
Sharing your login credentials or using any account management service, pass-your-challenge service, or third-party trader is strictly prohibited and results in a permanent ban. The account must only ever be accessed and traded by the person who purchased it.
No Trade Copying Between Evaluation Accounts
Each evaluation must be passed on its own merit.
Running multiple evaluations simultaneously is allowed, but using a trade copier between evaluation accounts is not permitted. Trade copying is only allowed between your own Simulated Funded Accounts once you have passed the evaluation.
No All-or-Nothing or Gambling-Based Trading
Excessive position sizing will result in a breach.
Strategies that rely on oversized positions to hit targets in a single trade are prohibited. Margin utilization must not exceed 50 to 75% of your account. News trading is allowed, but must stay within these position size limits at all times.
No Group Hedging or Signal Services
All trading decisions must be your own.
Coordinating trades with other traders through group hedging or following external signal services is not allowed. Your trading activity must reflect independent decision-making and not be influenced or mirrored by outside parties.
Stop Loss Required on Every Trade
Risk management is mandatory, not optional.
Every open position must have a stop loss attached. Failing to place one will trigger a soft breach and the trade will be automatically closed by the system. This is a firm requirement to ensure responsible risk management across all account types.
No Weekend Holding Without the Add-On
Positions must be closed by Friday 3:45pm EST by default.
Unless you have purchased the Weekend Holding add-on, all trades must be closed before 3:45pm EST on Fridays. The add-on costs 10% of the account price and carries through all evaluation phases once purchased.
No Holding Equity CFDs During Corporate Actions
Single share positions must be closed before earnings.
Single share equity CFD positions cannot be held open during earnings releases or other scheduled corporate actions. It is the trader's responsibility to monitor these events and manage positions accordingly.
No VPN During KYC Verification
VPNs are strictly banned during identity verification.
While VPN and VPS use is tolerated during general trading, it is strictly prohibited during the KYC and AML verification process. Use of a VPN during KYC will flag your account and may result in rejection of your application.
Margin Call and Stop Out Levels Apply
Accounts are subject to automatic margin enforcement.
If your margin level hits 110%, no new trades can be opened. If it drops to 100%, positions will begin closing automatically. Proper risk management and stop losses are strongly recommended to avoid hitting these levels.