AE
3 Years 
Max. allocation$200K
Forex and CFD
AquaFunded
Instant funding plus 1 Step, 2 Step and 3 Step challenges from $25, traded on cTrader, MT5, TradeLocker and Match Trader.
AE
Markets
Platforms
-
cTrader -
MT5
-
TradeLocker -
Match Trader
- Programs across Instant Funding, 1 Step, 2 Step and 3 Step
- 6
- Cheapest challenge, with the promotion
- $25
- Top profit split, on Instant Pro
- 100%
- Max. allocation
- $400K
- Leverage on FX
- 1:100
- Daily loss limit
- 3% to 5%
Programs and Prices
6 programs, with the price at every account size. Prices include the firm’s current promotion, with the list price struck through.
Instant Funding
2 programs, 2.5K to 100K| Program | 2.5K | 5K | 10K | 25K | 50K | 100K | Trade |
|---|---|---|---|---|---|---|---|
| Instant Pro 90% to 100% split, 3% daily loss, 6% max loss | $25 |
$45 |
$65 |
$139 |
$229 |
$420 |
Trade now |
| Instant Standard 90% to 100% split, 3% max loss | Not offered | $39 |
$59 |
$129 |
$209 |
Not offered | Trade now |
1 Step Evaluation
2 programs, 5K to 200K| Program | 5K | 10K | 25K | 50K | 100K | 200K | Trade |
|---|---|---|---|---|---|---|---|
| Pro 100% split, 6% target, 3% daily loss, 6% max loss | $35 |
$59 |
$119 |
$173 |
$275 |
$539 |
Trade now |
| Standard 90% to 100% split, 9% target, 3% daily loss, 6% max loss | $40 |
$67 |
$136 |
$196 |
$316 |
$610 |
Trade now |
2 Step Evaluation
1 program, 10K to 200K| Program | 10K | 25K | 50K | 100K | 200K | Trade |
|---|---|---|---|---|---|---|
| Standard 90% to 100% split, 8% then 5% target, 5% daily loss, 8% max loss | $53 |
$83 |
$179 |
$281 |
$568 |
Trade now |
Rules at a Glance
Loss limits are a share of the starting balance. Breaking either limit ends the account.
| Program | Type | Account sizes | Profit split | Profit target | Daily loss limit | Max loss limit | From |
|---|---|---|---|---|---|---|---|
| Instant Pro | Instant Funding | 2.5K to 100K | 90% to 100% | Not listed | 3% | 6% | $25 |
| Instant Standard | Instant Funding | 5K to 50K | 90% to 100% | Not listed | Not listed | 3% | $39 |
| Pro | 1 Step | 5K to 200K | 100% | 6% | 3% | 6% | $35 |
| Standard | 1 Step | 5K to 200K | 90% to 100% | 9% | 3% | 6% | $40 |
| Standard | 2 Step | 10K to 200K | 90% to 100% | 8% then 5% | 5% | 8% | $53 |
| 3 Step Challenge | 3 Step | 10K to 200K | 100% | 6% then 6% then 6% | 4% | 8% | $46 |
AquaFunded rules in full
Max DD Type
- 2-Step Standard & 3-Step: Static
- 1-Step Standard & Pro: Trailing (Locked)
- Instant Standard & Pro, 2-Step Pro: Trailing
Daily DD Type
Highest of Equity or Balance
Additional Risk Rules
- All Funded except Instant: Wave Stop 2% of Balance. Soft Breach Close All Positions. Reduced P&L share by 50%, 2nd trigger hard breach
News Trading
- All Funded: 10m Window No Execution
EAs/Copy
Yes
Add Ons
Profit Share up to 100%, Payout Freq – Weekly.
Scaling rules
Duration Requirements
3 months
Profit Requirements
12%
Scaling Percentages
25%
Max Scaling Amount
$2,000,000
Additional Rules for Scaled Accounts
To qualify for an increase of profit split up to 95% must maintain a 4% for four consecutive months.
AquaFunded review
AquaFunded is a prop firm run from Dubai by Aqua Funded FZCO, with its simulated trading services provided by AquaFunded LTD in Saint Lucia, and it states that it was established in 2023. Its CFD accounts cover forex, indices, metals, commodities and crypto on MetaTrader 5, cTrader, Match Trader and TradeLocker. The current range has three routes. Instant accounts skip the evaluation: Instant Pro runs from $2,500 to $400,000 with a 3% daily loss limit and a 6% trailing drawdown, Instant Standard uses a 5% trailing limit, and Instant Flex removes the consistency rule but caps each reward at 5% of the starting balance. The One Step Standard asks for 9% with a 6% trailing drawdown, while the One Step Flex asks for 10% with a 12% static limit. Three two step versions ask for 8% or 10% in the first phase and 5% in the second. List prices run from $20 for a $5,000 Two Step Pro to $1,865.33 for a $400,000 Instant Pro, before promotional codes. The standard profit split is 90%, with a paid add on for 100%, and rewards run every 14 days. There is no time limit, news profits are capped at 0.5% of the starting balance per payout cycle, and funded accounts carry floating loss limits of 1% or 2% depending on the model.
Suits
Forex traders who keep combined open losses well below 1% to 2% of the balance and want low entry prices with no time limit.
Less suited to
Avoid AquaFunded if you let floating losses run past 2% of the balance or rely on high impact news releases for much of your profit.
Pros
- List prices start at $20 for a $5,000 Two Step Pro, and no evaluation has a time limit.
- The evaluation fee on challenge accounts is refunded with the fourth payout.
- Approved rewards carry a 24 business hour guarantee, with an extra $1,000 paid if it is missed.
- Four platforms are available: MetaTrader 5, cTrader, Match Trader and TradeLocker.
- EAs, trade copiers across your own accounts, hedging within one account and weekend holding are all permitted.
Cons
- Funded accounts carry floating loss limits of 1% or 2% that can cut the split or end the account.
- Profit from trades within five minutes of high impact news is capped at 0.5% of the starting balance per payout cycle.
- Every payout carries a 3% processing fee, and the minimum payout is $100.
- The first two rewards on accounts of $100,000 or more are capped at $10,000 each.
- Trustpilot shows no rating for the firm, citing a breach of its guidelines.
Verdict
AquaFunded offers a broad choice of entry routes, with instant, one step and two step accounts across four platforms and sizes up to $400,000. List prices start at $20 for a $5,000 Two Step Pro, there is no time limit, and the evaluation fee on challenge accounts is refunded with the fourth payout. Approved rewards carry a 24 business hour guarantee, backed by an extra $1,000 if the firm misses it. The main caution is the set of funded stage risk rules, which are stricter than the evaluation rules. On the One Step Standard and the three Two Step models, Wave Stop closes all open trades when floating losses reach 2% of the balance, cuts the split to 50% on the first trigger and breaches the account on the second. The One Step Flex applies a 1% version with three strikes, Instant Standard uses a 1% limit with three strikes, and Instant Pro and Instant Flex close the account outright at 2% and 1% floating loss. Profit from trades opened or closed within five minutes of high impact news is capped at 0.5% of the starting balance per payout cycle, trades held for under two minutes can be treated as tick scalping, and every payout carries a 3% processing fee. The first two rewards on accounts of $100,000 or more are capped at $10,000 each. Trustpilot shows no rating for the firm, citing a breach of its guidelines, alongside 1,198 reviews. AquaFunded suits traders who keep open risk small on every position and want a low entry price, rather than traders who let losing positions run or depend on news releases.
Payouts
Min Payout
$100
Min Days
| Instant & 2-Step Pro | 5 Days |
| 1-Step & 2-Step Standard | 3 Days |
| 3-Step | For a trading day to count must make 0.5% |
Consistency
| Instant Standard | 40% |
| 1-Step & 2-Step Pro | 25% |
| Instant Pro | 15% |
Safety Buffer
| 1-Step Standard | 1% |
Frequency
14 Day – Request in Dashboard no open positions, 1-2 working days.
Inactivity Rules
30 Days
Leverage and Commissions
| Market | Leverage | Commission |
|---|---|---|
| FX | E: 1:100, F : 1:50 | Per lot ($5) |
| Indices | E : 1:20, F: 1:10 | Not listed |
| Crypto | E: 1:2, F: 1:2 | Not listed |
| Other Commodities | E : 1:20, F: 1:10 | Not listed |
Leverage is the same on Instant, 1 Step, 2 Step and 3 Step accounts.
Firm Details
- CEO
- Jason Blax
- Country
- AE
- In operation
- 3 years
- Platforms
- cTrader, MT5, TradeLocker, Match Trader
- Markets
- FX, Metals, Indices, Other Commodities, Crypto
- Payment methods
- Apple Pay, Credit/Debit Cards, Crypto
- Payout methods
- Riseworks.io allows Bank and Crypto
- Support
- Chat, Email and Discord | 24/7
Questions about AquaFunded
Is AquaFunded legit?
AquaFunded is operated by Aqua Funded FZCO in Dubai, and its simulated trading services are provided by AquaFunded LTD, a Saint Lucia company. The firm states that it was established in 2023 and that it is owned by the AquaFunds holding company. Trustpilot shows no rating for the firm, citing a breach of its guidelines, and lists 1,198 reviews. Approved payouts carry a 24 business hour guarantee.
How much does an AquaFunded challenge cost?
List prices for a $100,000 account are $279.20 on the Two Step Pro, $365.60 on the Two Step Elite, $375.20 on the Two Step Standard, $421.60 on the One Step Standard and $447.20 on the One Step Flex. Instant accounts cost more at that size: $505.33 for Instant Standard, $560 for Instant Pro and $999 for Instant Flex. A 25% discount code was running in October 2026.
What is Wave Stop at AquaFunded?
Wave Stop is a funded stage rule on the One Step Standard and the three Two Step models. If combined open losses reach 2% of the balance, the system closes all open trades. The first trigger cuts the profit split to 50%, and the second breaches the account. The One Step Flex uses a stricter 1% version with three strikes, and evaluation stages are not affected.
How do AquaFunded payouts work?
Rewards become available 14 days after the first trade on a funded account and then every 14 days. The standard split is 90%, and paid add ons offer a 100% split, a seven day cycle on challenge accounts or on demand rewards on instant accounts. The minimum payout is $100, a 3% processing fee applies, and crypto payouts are limited to amounts under $5,000.
Does AquaFunded allow news trading?
News trading is allowed on all accounts, but profit from trades opened or closed within five minutes before or after high impact news, including FOMC events, is capped at 0.5% of the starting balance per payout cycle. News profit above the cap is removed from the payout without a breach. The rule applies to accounts opened after 27 April 2026.
Does AquaFunded have a scaling plan?
Yes. A funded account that makes 12% profit within a three month period can have its balance increased by 25% of the initial size, and the process can repeat up to $4,000,000. Separately, the Aqua Elite tiers add larger balance increases, monthly salaries and higher allocation caps for traders who meet the required payout and withdrawal thresholds.
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