Reviewed by PropFirm201 Research Team·At a Glance
AquaFunded Homepage
Pricing & Challenge Types
1-Step Challenge
1 phase · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $67 | 9% | 3% | 6% |
| $10,000 | $113 | 9% | 3% | 6% |
| $25,000 | $227 | 9% | 3% | 6% |
| $50,000 | $327 | 9% | 3% | 6% |
| $100,000 | $527 | 9% | 3% | 6% |
| $200,000 | $1017 | 9% | 3% | 6% |
1-Step Pro Challenge
1 phase · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $59 | 6% | 3% | 6% |
| $10,000 | $99 | 6% | 3% | 6% |
| $25,000 | $199 | 6% | 3% | 6% |
| $50,000 | $289 | 6% | 3% | 6% |
| $100,000 | $459 | 6% | 3% | 6% |
| $200,000 | $899 | 6% | 3% | 6% |
2-Step Challenge
2 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $57 | 8% | 5% | 5% | 10% |
| $10,000 | $103 | 8% | 5% | 5% | 10% |
| $25,000 | $217 | 8% | 5% | 5% | 10% |
| $50,000 | $317 | 8% | 5% | 5% | 10% |
| $100,000 | $517 | 8% | 5% | 5% | 10% |
| $200,000 | $997 | 8% | 5% | 5% | 10% |
2-Step Pro Challenge
2 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $39 | 10% | 5% | 5% | 8% |
| $10,000 | $76 | 10% | 5% | 5% | 8% |
| $25,000 | $138 | 10% | 5% | 5% | 8% |
| $50,000 | $247 | 10% | 5% | 5% | 8% |
| $100,000 | $460 | 10% | 5% | 5% | 8% |
| $200,000 | $925 | 10% | 5% | 5% | 8% |
3-Step Challenge
3 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $77 | 6% | 6% | 4% | 8% |
| $25,000 | $157 | 6% | 6% | 4% | 8% |
| $50,000 | $237 | 6% | 6% | 4% | 8% |
| $100,000 | $377 | 6% | 6% | 4% | 8% |
| $200,000 | $677 | 6% | 6% | 4% | 8% |
Instant Funding
0 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $2,500 | $64 | N/A | 3% | 6% |
| $5,000 | $117 | N/A | 3% | 6% |
| $10,000 | $158 | N/A | 3% | 6% |
| $25,000 | $317 | N/A | 3% | 6% |
| $50,000 | $475 | N/A | 3% | 6% |
| $100,000 | $767 | N/A | 3% | 6% |
| $200,000 | $1265 | N/A | 3% | 6% |
| $250,000 | $1560 | N/A | 3% | 6% |
| $300,000 | $1810 | N/A | 3% | 6% |
Pros & Cons
Pros
- Multiple challenge types including 1-step, 2-step, 3-step, and instant funding
- Up to 100% profit split available with add-on
- No time limits on evaluation challenges
- Scaling up to $4M in funded capital
- Wide platform selection including MT5, cTrader, MatchTrader, DXtrade, and TradeLocker
Cons
- Trustpilot flagged for fake reviews, resulting in lowered trust score
- News trading restricted on funded accounts (2-minute window around major events)
- Simulated trading environment, not real capital
Trading Rules
About AquaFunded
AquaFunded is a Dubai-based proprietary trading firm established in 2023 under the legal entity AquaFunded FZCO (Registration: DSO-FZCO-32537). Founded by CEO Jason Blax, the firm has grown to serve over 190,000 forex traders and has distributed more than $6.4 million in payouts. AquaFunded offers traders the opportunity to manage up to $400,000 in funded capital, with the potential to scale up to $4 million through their scaling program.
The firm operates a simulated trading environment where traders demonstrate their skills through various evaluation challenges or skip the evaluation entirely with instant funding. AquaFunded supports trading across forex, indices, commodities, metals, and cryptocurrencies with leverage up to 1:100 during evaluation and 1:50 on funded accounts. Traders can access markets through five different platforms: MetaTrader 5, cTrader, MatchTrader, DXtrade, and TradeLocker.
AquaFunded differentiates itself through its flexible challenge structure, offering 1-step, 2-step, and 3-step evaluations alongside an instant funding option. All challenge types come with unlimited time limits, removing the pressure of strict deadlines. The firm offers a 90% profit split as standard across all models, with the option to upgrade to 100% through a paid add-on at checkout. The first payout is available after just 7 days, with subsequent payouts processed bi-weekly.
However, AquaFunded's reputation has been somewhat tarnished by Trustpilot flagging the company for a breach of guidelines related to fake reviews, which has impacted its displayed trust score. Despite this, the firm maintains a rating of 9.4 out of 10 from over 5,000 verified reviews on its own platform and continues to operate actively with 24/7 customer support.
How AquaFunded Works
- Choose Your Challenge: Select from 1-Step, 2-Step, 3-Step evaluation, or Instant Funding. Pick an account size ranging from $2,500 to $400,000.
- Complete the Evaluation: Hit the profit target for your chosen challenge type while staying within the daily and overall drawdown limits. There are no time limits on any challenge.
- Get Funded: Once you pass, you receive a funded account with a 90% profit split (upgradable to 100%). You are not liable for any trading losses.
- Earn and Scale: Withdraw profits bi-weekly. As you demonstrate consistent performance, scale your account up to $4 million in capital.
Pricing & Plans
1-Step Challenge: $67 (5K) | $113 (10K) | $227 (25K) | $327 (50K) | $527 (100K) | $1,017 (200K)
1-Step Pro Challenge: $59 (5K) | $99 (10K) | $199 (25K) | $289 (50K) | $459 (100K) | $899 (200K)
2-Step Challenge: $57 (5K) | $103 (10K) | $217 (25K) | $317 (50K) | $517 (100K) | $997 (200K)
2-Step Pro Challenge: $39 (5K) | $76 (10K) | $138 (25K) | $247 (50K) | $460 (100K) | $925 (200K)
3-Step Challenge: $77 (10K) | $157 (25K) | $237 (50K) | $377 (100K) | $677 (200K)
Instant Funding: $64 (2.5K) | $117 (5K) | $158 (10K) | $317 (25K) | $475 (50K) | $767 (100K) | $1,265 (200K) | $1,560 (250K) | $1,810 (300K)
Fees are refundable upon successfully passing the challenge. Promotional discounts of up to 50% are frequently available.
Rules & Restrictions
- Daily Drawdown: 3-5% depending on challenge type
- Maximum Drawdown: 3-10% depending on challenge type
- Minimum Trading Days: 3-5 days depending on model
- Maximum Trading Days: Unlimited across all models
- Leverage: Up to 1:100 (evaluation), 1:50 (funded/instant)
- News Trading: Prohibited within 2 minutes before and after major news events on funded accounts
- Weekend Holding: Not permitted
- EAs/Bots: Allowed
- Copy Trading: Not allowed
- Scalping: Allowed
- Hedging: Allowed
- Consistency Rule: 15-25% applies on select Pro accounts only
Payouts
AquaFunded processes payouts bi-weekly, with the first payout available after just 7 days of trading on a funded account. Payout methods include Rise (Riseworks.io), cryptocurrency (USDT), and bank wire transfer. An instant payout option is available within 48 hours for eligible traders. The standard profit split is 90%, upgradable to 100% with a paid add-on.
Is AquaFunded Legit?
AquaFunded is a registered company in Dubai (DSO-FZCO-32537) that has been operating since 2023. The firm has paid out over $6.4 million to traders and serves more than 190,000 users. However, its Trustpilot profile has been flagged for a breach of guidelines due to fake reviews, resulting in a displayed score of 3.1 out of 5 from 1,351 reviews. On its own platform, the firm claims a 9.4/10 rating from 5,000+ verified reviews. While AquaFunded appears to be an active and operational firm, potential users should weigh the Trustpilot concerns carefully. Like most prop firms, trading is conducted in a simulated environment rather than with real market capital.
FAQ
What is AquaFunded?
AquaFunded is a Dubai-based proprietary trading firm that provides traders with funded accounts up to $400,000 (scalable to $4M) through various evaluation challenges or instant funding. Traders keep up to 90-100% of profits generated on simulated accounts.
How much does AquaFunded cost?
AquaFunded's evaluation fees range from $39 for a $5,000 2-Step Pro account to $1,810 for a $300,000 Instant Funding account. The most popular options include the $100K 2-Step Challenge at $517 and the $100K 1-Step Challenge at $527. Fees are refundable upon passing.
What is AquaFunded's profit split?
AquaFunded offers a 90% profit split as standard across all account types. Traders can upgrade to a 100% profit split by purchasing the add-on at checkout.
Does AquaFunded allow EAs/bots?
Yes, AquaFunded allows the use of Expert Advisors and automated trading bots on all account types and platforms.
Is AquaFunded available in the US?
Yes, AquaFunded is available to traders based in the United States.