AquaFunded Review 2026

Facts checked against aquafunded.com on 11 November 2026

Visit AquaFundedSince 2023Instant, 1-step and 2-step90% split, 100% option4 platforms

Ad Prop firm challenges are paid evaluations on simulated accounts, and most traders do not pass. We never tell you to trade.

AquaFunded, set up in 2023, sells instant, one-step and two-step accounts from $2.5K to $400K, with a 90% standard split and a 100% option. Its rules page is unusually clear. Watch the news rule: profit made within 5 minutes of big news is capped.

Good fit if

You want a static maximum drawdown

Look elsewhere if Verdict →

You trade the minutes around big news

Tap a face for rolesOur methodology →

An FX Recap team effort, from Abir Khan to Ranjan N. Mondol

AquaFunded review: programs, rules, costs and payouts, checked on aquafunded.com on 11 November 2026.

AquaFunded at a glance

Source: aquafunded.com, checked 11 November 2026

Programs: Instant (Standard, Pro, Elite, Flex), One Step and Two Step, plus a futures desk
Account sizes: $2.5K to $400K
Cheapest entry: From $14 for a $5K account (AquaFunded's own headline)
Two Step rules: 8% then 5% target · 4% daily drawdown · 8% maximum drawdown
Profit split: 90% standard, 100% with an add-on
Rewards: Bi-weekly, or on demand with an add-on
Platforms: MT5, cTrader, TradeLocker and Match-Trader
Leverage (forex): 1:100 in evaluation · 1:50 funded and instant
Company: AquaFunded LTD (Saint Lucia) and Aqua Funded FZCO (Dubai)

AquaFunded rating: 3.4 out of 5

Our prop firm methodology →

AquaFunded scores 67.8 out of 100 (Good) on the FX Recap prop firm method. Each parameter is scored 0 to 10 from the firm's published rules and terms, weighted, and the total divided by 20 gives the stars.

Company & track record20%4.5/10
Established 2023 · Company and registration number published · Base: Saint Lucia
Rules & room to trade20%5.5/10
Widest maximum loss 8% · Every program has a daily limit · Lowest first target 8% · Static maximum loss on the main program
Payouts & profit split16%8/10
Best split 100% · First payout: Bi-weekly; on demand with an add-on · Payout methods not verified (half points) · Scaling plan published
Cost of entry12%7/10
Cheapest $56 per $10K · Fee refunded on at least one program
Trading freedom15%9/10
EAs: allowed · News: with limits · Weekend: allowed
Trader feedback10%n/a
Not enough verified trader reviews yet
Programs & platforms7%9/10
4 program types · 4 platforms · Up to $400K

Trader feedback counts once enough verified trader reviews are in; until then the other weights are rescaled. Facts we could not verify earn half points and are marked "not verified".

AquaFunded pros and cons

What traders get

Rules page explains every limit with a worked example
Static 8% maximum drawdown, fixed to the starting balance
No time limits; EAs and trade copiers allowed
90% split as standard, with a 100% option
Four platforms, including cTrader and TradeLocker
Scaling to $4M: +25% for every 12% made over 3 months

What to watch

Profit from trades within 5 minutes of high-impact news is capped at 0.5% per cycle
Funded leverage drops to 1:50 on forex
Instant accounts carry a 20% consistency rule on the model we checked
Many models and add-ons make like-for-like comparison hard
Only set up in 2023
Hedging across separate accounts is banned

How AquaFunded measures up

How to choose a prop firm →

The checklist explains the score: each line grades what AquaFunded publishes. We have not traded these programs, so nothing here is a claim about live results.

Track recordEstablished in 2023; company numbers published for its Saint Lucia company.Mixed
Rule clarityA single rules page with examples for daily and maximum drawdown.Strength
Room to lose8% static maximum drawdown and 4% daily on the challenges.Strength
Profit split90% standard, 100% with an add-on.Strength
Time to passNo time limit; only 30 days without a trade ends an account.Strength
News tradingAllowed, but profit within 5 minutes of high-impact news is capped at 0.5% per payout cycle.Mixed
PlatformsMT5, cTrader, TradeLocker and Match-Trader.Strength
SimplicityInstant Standard, Pro, Elite and Flex, plus add-ons, take time to compare.Mixed

AquaFunded programs and rules

3 programs. Pick one to see its rules and prices.

The classic route: two targets, a static 8% floor and a 4% daily limit.

Rule	Phase 1	Phase 2	Funded
Profit target	8%	5%	–
Daily drawdown	4%	4%	4%
Maximum drawdown	8% static	8% static	8% static
Time limit	None	None	None
Leverage (forex)	1:100	1:100	1:50
Profit split	–	–	90%, 100% with add-on

Only closed profit counts towards the target, and you must close all trades before moving to the next phase.
The daily limit resets at 00:00 UTC from the previous day's highest balance or equity.
AquaFunded advertises $283 for a $100K account; prices change with promotions.

One target, plus a minimum of three profitable days.

Rule	Challenge	Funded
Profitable days	3 (each at least +0.5%)	–
Daily drawdown	4%	4%
Maximum drawdown	8% static	8% static
Leverage (forex)	1:100	1:50

If you hit the target before your third profitable day, you keep trading until you have three.

Skip the challenge. AquaFunded calls Standard its cheapest instant model; the card we checked was the $100K model with a 20% consistency rule.

Rule	Instant ($100K card)
Daily loss	$3,000 (3%)
Maximum loss	$6,000 (6%)
Minimum trading days	5
Consistency	20%
Leverage	1:50
Profit split / rewards	90%, bi-weekly

$100K$560list; $420 at 25% off

Instant Standard has no daily drawdown, per the rules page.
Flex: three rewards per account, then the account closes.
The fee is shown as one-time and refundable.

How to get funded with AquaFunded

The route through AquaFunded's evaluation, using the Two Step rules. Every box is a stage you must clear before the next one opens.

1BuyFrom $14
2Phase 18% target · 4% daily · 8% max loss
3Phase 25% target · 4% daily · 8% max loss
4FundedUp to 100% split
5PaidBi-weekly

AquaFunded rules in dollars: a $100K Two Step account

$8,000profit to reach the first target (8%)
$4,000the most you may lose in one day (4%)
$8,000total loss allowed before the account fails (8%)
4losing trades in a row at 1% risk ($1,000 each) before you hit the daily limit

An example to show the size of each limit, not advice and not a forecast. Risk sizing is explained in position sizing for a prop challenge.

What AquaFunded costs per $10,000 of account

Only the $100K instant card showed a full price on 11 November 2026; AquaFunded's challenge prices depend on model and add-ons in its configurator.

How AquaFunded compares with 17 other prop firms

All 18 firms →

Four numbers that decide most choices, set against every prop firm we review. AquaFunded is the green bar. Firms that do not publish a figure are left out of that chart.

Cheapest fee per $10K

$56#13 of 14

lower is cheaper; best on the left

Widest maximum loss

8%#14 of 18

more room to lose; best on the left

Best profit split

100%#1 of 18

your share of profit; best on the left

Days to first payout

14 days#5 of 17

sooner is better; best on the left

AquaFunded alternatives worth a look

OneFundedCheaper at $40 per $10K and more room (10% maximum loss)

The5ersCheaper at $23 per $10K and more room (10% maximum loss)

Top One TraderCheaper at $44 per $10K and more room (9% maximum loss)

How AquaFunded pays you

Standard split: 90%
Upgrade: 100% split and first reward on demand, as paid add-ons
Rhythm: Bi-weekly rewards as standard
Reward guarantee: Paid within 24 hours or AquaFunded adds $1,000, as it advertises
Scaling: +25% of the starting balance for 12% profit over 3 months, up to $4M

Trading rules to know

News: Allowed; profit from trades opened or closed within 5 minutes of high-impact news is capped at 0.5% of the starting balance per payout cycle
Weekend and overnight: Allowed, with no restriction
EAs and copiers: Allowed, if they follow the risk rules
Hedging: Allowed within one account, not across accounts
Banned: Tick scalping, high-frequency trading, all forms of arbitrage, exploiting feed delays
Inactivity: One trade at least every 30 days

Rules explained: daily loss · maximum drawdown · news trading · scaling plans

AquaFunded trading conditions

What you may and may not do on a AquaFunded account, from its own rules pages. "Not stated" means the pages we could read do not say.

Expert advisors (EAs)AllowedEAs and trade copiers allowed if they follow the risk rules Guide →

News tradingWith limitsProfit from trades within 5 minutes of high-impact news capped at 0.5% per cycle Guide →

Weekend holdingAllowedWeekend and overnight holding allowed

Time limitNo limitNo time limit on at least one program Guide →

Consistency ruleAvoidableAt least one program has no consistency rule Guide →

Fee refundYesRefunded on at least one program

Leverage (forex)1:100 in evaluation; 1:50 funded

First payoutBi-weekly; on demand with an add-on Guide →

Inactivity limitAccount closes after 30 days without a trade

PlatformsMT5, cTrader, TradeLocker, Match-Trader

Track recordEstablished 2023, as the firm states

Operating baseSaint Lucia

Is AquaFunded legit? Who runs it and where it is open

Simulated services: AquaFunded LTD, Saint Lucia, company no. 2004-00597
Content and site: Aqua Funded FZCO, IFZA Business Park, Dubai Silicon Oasis, UAE
Established: 2023

Not available in

AquaFunded's terms tell you to follow the laws where you live but, on the pages we read, do not list banned countries. Check with support before you pay.

Accounts are simulated: AquaFunded calls it "simulated capital, real rewards". Is a funded account real money? →

Our verdict on AquaFunded

AquaFunded scores on clarity: a static 8% floor, a 4% daily limit, EAs allowed and a rules page that explains each one. It is young, its news-profit cap matters if you trade releases, and the instant models need careful reading. For a two-step challenge on cTrader or TradeLocker it is worth a look.

Good fit if

You want a static maximum drawdown
You use EAs or a trade copier
You want cTrader or TradeLocker
You want a high split without hunting for it

Look elsewhere if

You trade the minutes around big news
You need high leverage once funded
You want a long track record
You prefer one simple product

Visit AquaFundedAd We earn a commission if you buy through this link. It never changes the facts above.

AquaFunded FAQ

Is AquaFunded legit?

AquaFunded has run since 2023. Its refund policy names AquaFunded LTD in Saint Lucia (2004-00597), and its site is run by Aqua Funded FZCO in Dubai. Accounts are simulated.

What are AquaFunded's Two Step rules?

An 8% target in Phase 1 and 5% in Phase 2, a 4% daily drawdown and an 8% static maximum drawdown, with no time limit.

Can you trade news with AquaFunded?

Yes, but profit from trades opened or closed within 5 minutes of high-impact news is capped at 0.5% of the starting balance per payout cycle.

What is AquaFunded's profit split?

90% as standard, 100% with an add-on.

Which platforms does AquaFunded offer?

MT5, cTrader, TradeLocker and Match-Trader.

Does AquaFunded allow EAs?

Yes. EAs and trade copiers allowed if they follow the risk rules.

Can you hold trades over the weekend with AquaFunded?

Yes. Weekend and overnight holding allowed.

What is AquaFunded's maximum drawdown?

The widest maximum loss on any AquaFunded program is 8% of the starting balance. Each program's own limits are in the rules table above.

What leverage does AquaFunded offer?

1:100 in evaluation; 1:50 funded. Higher leverage lets a small move cost more of your loss limit, so it makes the daily rule easier to break.

When is the first AquaFunded payout?

Bi-weekly; on demand with an add-on.

Does AquaFunded have a time limit?

No, at least one AquaFunded program has no time limit, though inactivity rules can still close an account (30 days without a trade).

Guides to read before you buy a AquaFunded challenge

One-Step vs Two-Step: Which Challenge to Pick

The Prop Firm Consistency Rule, Explained

Instant Funding Prop Firms: The Trade-Offs

How Prop Firm Payouts Work: Splits, Schedules and the First Withdrawal

Position Sizing for a Prop Challenge: The Exact Math

Payout Proof: How to Check a Prop Firm Actually Pays

Prop trading terms used in this review

Daily loss limit: The most your account may fall in one trading day. Break it once and the account fails, even if you are in profit overall.
Maximum drawdown: The total loss allowed from the starting balance. Static means the floor never moves; trailing means it follows your highest balance up.
Consistency rule: A cap on how much of your total profit may come from one day or one trade, so a single lucky win cannot pass you.
Minimum trading days: The fewest days you must trade before a phase counts as passed, even if you hit the target sooner.
Profit split: Your share of the profit on the funded account. The firm keeps the rest.
Scaling plan: Rules for growing your account size after steady profitable periods, usually with no new fee.
News trading rule: Limits on opening or closing trades in the minutes around big economic releases, when prices jump.
Expert advisor (EA): A program that places trades for you on MetaTrader. Many prop firms limit or ban them.
Instant funding: Paying a higher fee to skip the challenge and trade a funded account from day one, usually with tighter limits.

How we checked this review

Jannatul Ferdaush checked every figure against AquaFunded's own pages on 11 November 2026. We did not buy or trade a challenge for this review. The rating applies our prop firm methodology to those published facts.

aquafunded.com · Models, instant card, platforms, split, reward guarantee
aquafunded.com/forex-rules · Drawdowns, targets, leverage, news, EA and hedging rules
aquafunded.com/trader-plan · Scaling plan
aquafunded.com/about-us · Year established
aquafunded.com/legal/refund-policy · Saint Lucia company

AquaFunded trader reviews

What traders say about AquaFunded in their own words. These ratings are separate from FX Recap's own rating of 3.4, which comes from our review.

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