AquaFunded

News trading is allowed, but news-event profits are capped.

News-Trading Profit Cap
High-impact news trading is allowed, but profits generated during these periods are subject to a specific cap based on the account balance for each payout cycle.
When does this rule apply?
The rule applies to trades opened or closed within a 5-minute window before and after a Red Folder / high-impact news event.
It also applies to FOMC speeches and statements.

Note: This rule applies to all accounts opened after April 27, 2026.

What is the profit cap?
The maximum cap is 0.5% of the account’s initial balance.
How does it work?
News-event profits are tracked separately. At payout, you retain profits up to the 0.5% cap.
Any profit above this cap is deducted.
There are no penalties, violations, or account closures for exceeding the cap; only the excess profit is deducted.

Example:
Account size: $100,000.
Profit cap at 0.5%: $500.
If you earn $1,000 during the event, you keep $500 and the additional $500 is deducted.

Payout policy for all evaluation account types

Payouts are available bi-weekly
A weekly first payout add-on can be enabled at checkout.
You receive 90% of your profits.
A 100% profit split add-on can be enabled.

Instant Account Payout Policy

Payouts are available bi-weekly.
An on-demand first payout add-on can be enabled at checkout.
You receive 90% of your profits.
A 100% profit split add-on can be enabled.

Overnight and weekend holding is allowed on all accounts.

Achieve 12% cumulative profit over 3 months and request scaling from support; your account will increase by 25%.
Example:
Your 100K account
Over 3 months, your profit reaches 12K
Submit a Scaling Request
The firm will increase your account by 25%
Your account will become 125K

After another 3 months, if you again achieve 12%, the account increases by a further 25%.

The maximum size available is $4,000,000.

Maximum Loss Per Trade Policy
If floating PnL on your account falls below -2% of the account's initial balance, the account will be permanently closed. This rule is designed to ensure strict risk-management discipline and protect the integrity of the funding model.

Example:
On a $50,000 account, if the combined floating loss across all open positions reaches $1,000 (-2%), the account will be closed immediately.
This rule emphasizes disciplined trading and proper capital management, ensuring that traders remain within acceptable risk limits and maintain long-term sustainability.
Consequences of Exceeding the -2% Risk Limit:
Immediate and permanent account closure.
No further trading is allowed on the account that breached the rule.

Important Note for 300K Accounts
A stricter floating-risk limit applies to $300,000 accounts.
If floating PnL falls below -1% of the account balance, the account will be permanently closed.

Wave Stop applies only during the funded stage and is not used during evaluation stages.

What Is Wave Stop?
Wave Stop is AquaFunded's risk-management system, designed to protect traders from excessive losses. Our data indicates that exceeding the Maximum Daily Drawdown is the leading cause of account closure, with more than 73% of all breaches resulting from poor risk management.
The most successful traders cut losses quickly and allow winning trades to run. Wave Stop enforces sound risk management to help traders maintain consistent profitability.

How Does Wave Stop Work?
Wave Stop applies only to funded accounts. If your open positions reach a loss equal to 2% of the account balance, Wave Stop will, in most cases, automatically close all open positions across all pairs. This is treated as a Soft Breach, meaning you may continue trading immediately without additional restrictions.

Example:
If you have a $100,000 account with three open positions and their combined floating PnL reaches -$2,000, or 2%, all positions will be closed automatically to prevent further drawdown. You may then continue trading normally.

Why Does AquaFunded Use Wave Stop?
Wave Stop helps prevent traders from losing their funded accounts entirely by reinforcing disciplined risk management. Proper risk management improves the chances of long-term profitability and sustainability.

What Happens If Wave Stop Is Triggered More Than Once?
Wave Stop is designed to guide traders toward better risk management while retaining some flexibility. Repeated triggers, however, lead to escalating consequences:
First violation: The profit split is reduced to 50%.
Second violation: The account is breached and closed.
This system is intended to encourage better risk management while keeping funded accounts secure.

Can I Continue Trading After Wave Stop Is Triggered?
Yes.
It does not prevent you from trading. It only closes all open positions when the specified loss limit is reached, and you may resume trading immediately.
Where Is Wave Stop Applied?
Wave Stop applies to all funded accounts except Instant Funding accounts.

You may purchase and trade multiple evaluation accounts at the same time. Funded accounts may be merged up to a maximum combined value of $400,000. Instant Funding accounts cannot be merged. The scaling plan allows the account to grow up to $4,000,000.

If the account remains without any trade for 30 days, it will be permanently closed.

Traders are allowed to manage multiple accounts.
Copy trading is allowed only through personal accounts legally linked to the account owner.

What We Allow:
- Copy trading between AquaFunded accounts
- Copying trades from funded accounts to evaluation accounts, or vice versa.
- Copy trading between AquaFunded accounts and external accounts

Paid add-ons are available during checkout.
Increase the profit split to 100% on evaluation and instant accounts.
Make the first payout available weekly.

National ID, passport, or driving licence
Selfie Photo

How Do Payouts (Rewards) Work?
The trader becomes eligible to request the first payout 14 days after the first trade on the funded account.
After each payout, the trader becomes eligible again 14 days after the first trade placed following that payout.

Payout Eligibility Requirements
To qualify for a payout:
• The account balance must be above the initial balance.
• No violations may be recorded on the account.
• All positions and orders must be closed; no open positions or pending orders are allowed.

Payout Process
• Rewards are processed within 1–2 business days.
• Payouts may be requested through the Dashboard.
• Payments are made through Rise, with withdrawal available to a bank account or cryptocurrency wallet.
• Minimum funded-account payout: $100.


Payout Limits for the First Two Requests on Accounts of 200K or More
• The first two payout requests are capped at $10,000 each. • After the first two payouts, this restriction is removed and no additional payout limits apply.

Why Do These Limits Exist?
These temporary restrictions are intended to:
* Support a fair and balanced trading environment.
* Give the team sufficient time to evaluate the trader's style.
* Promote stability, transparency, and long-term success for all traders in the Aqua community.

Expert Advisors and trading bots are allowed.
You may use custom Expert Advisors designed to suit your personal trading strategy or style.
Trade-copying software is also permitted, giving you flexibility to manage multiple accounts efficiently.

A profitable day is a day in which the trader earns 0.5% of the account size. Profitable days do not need to be consecutive.

Cheating is prohibited.
Any trading method considered cheating is prohibited and violates our Terms of Service. Strategies that generate consistent, risk-free profits only in simulated accounts are therefore prohibited.
Our funded traders are expected to trade their accounts as though they were live accounts. Any strategy that exploits the simulated nature of the accounts will result in closure, whether during the evaluation or after funding.

Examples of Strategies That Violate the Rules
Exploiting platform or data freezes caused by a demo-server error; using delayed data feeds; trading on delayed charts; Tick Scalping, High-Frequency Trading (HFT), or Arbitrage Bots; Reverse Arbitrage; Latency Arbitrage; Hedge Arbitrage; and similar simulation software are all prohibited.
Trades held for less than two minutes may be classified as Tick Scalping. On funded accounts, profits generated through this type of trading may be removed in accordance with our trading policies.
These are the most common strategies we have observed being used to exploit simulated accounts, but the list is not exhaustive. Any account found to use unfair strategies or unrealistic trading behavior will not qualify for funding.

Changing the Password
The original password sent by email must be used to access the platform. Changing the password is not allowed.

Gambling Policy
At AquaFunded, we maintain a strict policy against all-or-nothing trading strategies. Any strategy based on this approach is unacceptable. Our focus is on selecting skilled traders who can manage risk effectively, generate profits, and remain consistent in the financial markets. These are the traders we partner with and provide with simulated funded accounts of up to $200,000.
We define gambling as any trading activity in which margin usage exceeds 80% on a single trade. This reflects extremely poor risk management and conflicts with the principles we uphold.
Any trades considered “all or nothing,” or based on that approach, are strictly unacceptable.
We believe gambling-style trading does not demonstrate an ability to manage risk, generate profit, or trade sustainably. Such activity may lead to profit deductions, a phase reset, or account closure due to the violation.