Forex Prop Firms AquaFunded
AquaFunded logo
Forex Updated 2026-08-09

AquaFunded

Verified

An AquaFunded review covering account types, drawdown, leverage, payouts, profit split, platforms, trading rules and current account discounts.

Add to Comparison
Account Types Challenge | Instant
Maximum Funding $400K
Starting Price $15
Profit Split Up To Not specified
First Payout By Program Weekly | Biweekly
Country Availability Check Restrictions 4 restriction records
Apex Prop Firms Snapshot

Is This Firm Right for You?

Last Reviewed 2026-07-28

Best For

Traders seeking multiple evaluation and instant funding options.

Key Advantage

Payouts processed within 24 business hours or $1,000 compensation.

Important Note

The consistency rule and payout cycle vary by account type.

Start Your Decision Here

Accounts & Pricing

Compare programs and account sizes, including the best available discounted price.

45 Accounts Available
45 Accounts
Action
AquaFunded accounts and discounted prices
$5K One Phase 9% $450 Not specified 3% $150 6% $300 Trailing 1:100 90% After 14 Days Biweekly
$40.2 $53.6
Save 25% APF
Get Account
$10K One Phase 9% $900 Not specified 3% $300 6% $600 Trailing 1:100 90% After 14 Days Biweekly
$67.8 $90.4
Save 25% APF
Get Account
$25K One Phase 9% $2,250 Not specified 3% $750 6% $1,500 Trailing 1:100 90% After 14 Days Biweekly
$136.2 $181.6
Save 25% APF
Get Account
$50K One Phase 9% $4,500 Not specified 3% $1,500 6% $3,000 Trailing 1:100 90% After 14 Days Biweekly
$196.2 $261.6
Save 25% APF
Get Account
$100K One Phase 9% $9,000 Not specified 3% $3,000 6% $6,000 Trailing 1:100 90% After 14 Days Biweekly
$316.2 $421.6
Save 25% APF
Get Account
$200K One Phase 9% $18,000 Not specified 3% $6,000 6% $12,000 Trailing 1:100 90% After 14 Days Biweekly
$610.2 $813.6
Save 25% APF
Get Account
$5K Two Phases 8% $400 5% $250 5% $250 8% $400 Static 1:100 90% After 14 Days Biweekly
$21.6 $28.8
Save 25% APF
Get Account
$10K Two Phases 8% $800 5% $500 5% $500 8% $800 Static 1:100 90% After 14 Days Biweekly
$53.4 $71.2
Save 25% APF
Get Account
$25K Two Phases 8% $2,000 5% $1,250 5% $1,250 8% $2,000 Static 1:100 90% After 14 Days Biweekly
$83.4 $111.2
Save 25% APF
Get Account
$50K Two Phases 8% $4,000 5% $2,500 5% $2,500 8% $4,000 Static 1:100 90% After 14 Days Biweekly
$179.4 $239.2
Save 25% APF
Get Account
$100K Two Phases 8% $8,000 5% $5,000 5% $5,000 8% $8,000 Static 1:100 90% After 14 Days Biweekly
$281.4 $375.2
Save 25% APF
Get Account
$200K Two Phases 8% $16,000 5% $10,000 5% $10,000 8% $16,000 Static 1:100 90% After 14 Days Biweekly
$568.2 $757.6
Save 25% APF
Get Account
$5K Two Phases 10% $500 5% $250 5% $250 10% $500 Trailing 1:100 90% After 14 Days Biweekly
$15 $20
Save 25% APF
Get Account
$10K Two Phases 10% $1,000 5% $500 5% $500 10% $1,000 Trailing 1:100 90% After 14 Days Biweekly
$29.4 $39.2
Save 25% APF
Get Account
$25K Two Phases 10% $2,500 5% $1,250 5% $1,250 10% $2,500 Trailing 1:100 90% After 14 Days Biweekly
$53.4 $71.2
Save 25% APF
Get Account
$50K Two Phases 10% $5,000 5% $2,500 5% $2,500 10% $5,000 Trailing 1:100 90% After 14 Days Biweekly
$107.4 $143.2
Save 25% APF
Get Account
$100K Two Phases 10% $10,000 5% $5,000 5% $5,000 10% $10,000 Trailing 1:100 90% After 14 Days Biweekly
$209.4 $279.2
Save 25% APF
Get Account
$200K Two Phases 10% $20,000 5% $10,000 5% $10,000 10% $20,000 Trailing 1:100 90% After 14 Days Biweekly
$419.4 $559.2
Save 25% APF
Get Account
$5K Two Phases 8% $400 5% $250 4% $200 10% $500 Static 1:100 90% After 14 Days Biweekly
$19.8 $26.4
Save 25% APF
Get Account
$10K Two Phases 8% $800 5% $500 4% $400 10% $1,000 Static 1:100 90% After 14 Days Biweekly
$37.8 $50.4
Save 25% APF
Get Account
$25K Two Phases 8% $2,000 5% $1,250 4% $1,000 10% $2,500 Static 1:100 90% After 14 Days Biweekly
$77.4 $103.2
Save 25% APF
Get Account
$50K Two Phases 8% $4,000 5% $2,500 4% $2,000 10% $5,000 Static 1:100 90% After 14 Days Biweekly
$166.2 $221.6
Save 25% APF
Get Account
$100K Two Phases 8% $8,000 5% $5,000 4% $4,000 10% $10,000 Static 1:100 90% After 14 Days Biweekly
$274.2 $365.6
Save 25% APF
Get Account
$2.5K Instant Account Not specified Not specified None 3% $75 Trailing 1:50 90% After 14 Days Biweekly
$38.4 $51.2
Save 25% APF
Get Account
$5K Instant Account Not specified Not specified None 3% $150 Trailing 1:50 90% After 14 Days Biweekly
$70.2 $93.6
Save 25% APF
Get Account
$10K Instant Account Not specified Not specified None 3% $300 Trailing 1:50 90% After 14 Days Biweekly
$94.8 $126.4
Save 25% APF
Get Account
$25K Instant Account Not specified Not specified None 3% $750 Trailing 1:50 90% After 14 Days Biweekly
$190.2 $253.6
Save 25% APF
Get Account
$50K Instant Account Not specified Not specified None 3% $1,500 Trailing 1:50 90% After 14 Days Biweekly
$285 $380
Save 25% APF
Get Account
$100K Instant Account Not specified Not specified None 3% $3,000 Trailing 1:50 90% After 14 Days Biweekly
$460.2 $613.6
Save 25% APF
Get Account
$200K Instant Account Not specified Not specified None 3% $6,000 Trailing 1:50 90% After 14 Days Biweekly
$759 $1,012
Save 25% APF
Get Account
$300K Instant Account Not specified Not specified None 3% $9,000 Trailing 1:50 90% After 14 Days Biweekly
$1,289.25 $1,719
Save 25% APF
Get Account
$2.5K Instant Account Not specified Not specified 3% $75 6% $150 Trailing 1:50 90% After 14 Days Biweekly
$25.01 $33.34
Save 25% APF
Get Account
$5K Instant Account Not specified Not specified 3% $150 6% $300 Trailing 1:50 90% After 14 Days Biweekly
$45 $60
Save 25% APF
Get Account
$10K Instant Account Not specified Not specified 3% $300 6% $600 Trailing 1:50 90% After 14 Days Biweekly
$65 $86.66
Save 25% APF
Get Account
$25K Instant Account Not specified Not specified 3% $750 6% $1,500 Trailing 1:50 90% After 14 Days Biweekly
$139.01 $185.34
Save 25% APF
Get Account
$50K Instant Account Not specified Not specified 3% $1,500 6% $3,000 Trailing 1:50 90% After 14 Days Biweekly
$229.01 $305.34
Save 25% APF
Get Account
$100K Instant Account Not specified Not specified 3% $3,000 6% $6,000 Trailing 1:50 90% After 14 Days Biweekly
$420 $560
Save 25% APF
Get Account
$200K Instant Account Not specified Not specified 3% $6,000 6% $12,000 Trailing 1:50 90% After 14 Days Biweekly
$679.01 $905.34
Save 25% APF
Get Account
$300K Instant Account Not specified Not specified 3% $9,000 6% $18,000 Trailing 1:50 90% After 14 Days Biweekly
$1,199 $1,598.66
Save 25% APF
Get Account
$400K Instant Account Not specified Not specified 3% $12,000 6% $24,000 Trailing 1:50 90% After 14 Days Biweekly
$1,549.01 $2,065.34
Save 25% APF
Get Account
$5K One Phase 10% $500 Not specified 5% $250 10% $500 Static 1:100 90% After 14 Days Biweekly
$45 $60
Save 25% APF
Get Account
$10K One Phase 10% $1,000 Not specified 5% $500 10% $1,000 Static 1:100 90% After 14 Days Biweekly
$75 $100
Save 25% APF
Get Account
$25K One Phase 10% $2,500 Not specified 5% $1,250 10% $2,500 Static 1:100 90% After 14 Days Biweekly
$143.4 $191.2
Save 25% APF
Get Account
$50K One Phase 10% $5,000 Not specified 5% $2,500 10% $5,000 Static 1:100 90% After 14 Days Biweekly
$209.4 $279.2
Save 25% APF
Get Account
$100K One Phase 10% $10,000 Not specified 5% $5,000 10% $10,000 Static 1:100 90% After 14 Days Biweekly
$335.4 $447.2
Save 25% APF
Get Account
Before You Buy

Rules & Conditions

Review the key comparison metrics, followed by the firm’s detailed trading rules.

Leverage

All Evaluation Accounts

Forex 1:100
Metals 1:20
Indices 1:20
Crypto 1:2

Instant Accounts

Forex 1:50
Metals 1:10
Indices 1:10
Crypto 1:2

Commissions

For All Accounts

Forex & Metals $5 per lot
Crypto No Commission
Indices No Commission
Other Commodities $5 per lot

Targets & Drawdown

One-Step Standard

Daily Drawdown 3%
Maximum Drawdown 6%
Profit Target 9%

One-Step Flex

Daily Drawdown 3%
Maximum Drawdown 10%
Profit Target 10%

Two-Step Standard

Daily Drawdown 5%
Maximum Drawdown 8%
Phase 1 Target 8%
Phase 2 Target 5%

Two-Step Pro

Daily Drawdown 5%
Maximum Drawdown 10%
Phase 1 Target 10%
Phase 2 Target 5%

Two-Step Elite

Daily Drawdown 4%
Maximum Drawdown 10%
Phase 1 Target 8%
Phase 2 Target 5%

Instant Standard

Daily Drawdown None
Maximum Drawdown 3%
Profit Target Unlimited

Instant Pro

Daily Drawdown 3%
Maximum Drawdown 6%
Profit Target Unlimited

Drawdown Type

One-Step Standard

The maximum drawdown trails to the initial balance.

One-Step Flex

The maximum drawdown is static.

Two-Step Standard

The maximum drawdown is static.

Two-Step Pro

The maximum drawdown is always trailing.

Two-Step Elite

The maximum drawdown is static.

Instant Standard

The maximum drawdown is always trailing.

Instant Pro

The maximum drawdown is always trailing.

Trading Days

One-Step Standard

Minimum 3 Profitable Days
Maximum Unlimited

One-Step Flex

Minimum 0 Days
Maximum Unlimited

Two-Step Standard

Minimum 5 Profitable Days
Maximum Unlimited

Two-Step Pro

Minimum 0 Days
Maximum Unlimited

Two-Step Elite

Minimum 3 Profitable Days
Maximum Unlimited

Instant Standard

Minimum 5 Profitable Days
Maximum Unlimited

Instant Pro

Minimum 5 Profitable Days
Maximum Unlimited

Consistency Rule

One-Step Standard

Challenge Phase None
Funded Account None

Two-Step Standard

Challenge Phase None
Funded Account None

Two-Step Pro

Challenge Phase None
Funded Account 25%

Two-Step Elite

Challenge Phase None
Funded Account None

Instant Standard Account

Funded Stage 20%

Instant Pro Account

Funded Stage 20%

News Trading

News Trading on All Accounts ​▼

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.

Profit Split

For All Accounts 90%

Payout Policy

For All Evaluation Accounts ​▼

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.

For the Flex One-Step account:
Once funded, you must complete at least 3 qualifying trading days before submitting your first reward request (payout request).
Each qualifying trading day must achieve a profit of at least 0.5%.
The three trading days do not need to be consecutive; any day on which you achieve a profit of at least 0.5% will count toward the minimum requirement.

Both Instant Account Types ​▼

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.

Account Rules

Position Holding ​▼

Overnight and weekend holding is allowed on all accounts.

Scaling for 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 — Funded Account ​▼

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 Rule ​▼

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.

Wave Stop Rule - Flex ​▼

WaveStop applies to funded accounts only and is designed to encourage disciplined risk management.
If your floating PnL reaches -1% of your account balance, the following progression applies:
First Strike
Your reward split will be reduced to 50%.
Second Strike
Your reward split will be reduced to 25%.
Third Strike
Your funded account will be permanently breached and closed.
WaveStop does not apply during the evaluation phase.

Account Merging ​▼

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.

Inactivity Rule ​▼

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

Copy Trading ​▼

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

Checkout Add-ons ​▼

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

KYC Verification ​▼

National ID, passport, or driving licence
Selfie Photo

Profit Payout Process ​▼

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.

Automated Trading / EAs ​▼

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.

Profitable Days ​▼

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.

Prohibited Strategies ​▼

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.

Verifiable Data

Evidence & Real Experiences

Direct access to platform data beyond marketing claims.

Identity & Availability

About AquaFunded

Firm information, supported services, and country restrictions to verify before purchasing.

Chief ExecutiveLewis Morton
Firm Country UAE UAE flag
Founded2023
Years Operating3

Purchase Methods:

Credit Card Credit Card Crypto Crypto Apple Pay Apple Pay KoraPay KoraPay

Payout Methods:

RiseWorks RiseWorks Crypto Crypto

Platforms:

MT5 MT5 Match Trader Match Trader TradeLocker TradeLocker cTrader cTrader

Markets and Assets:

CFD Crypto Forex Metals Indices

Restricted Countries

Restricted Countries
Cuba flag Cuba Iran flag Iran Syria flag Syria Vietnam flag Vietnam Kenya flag Kenya Albania flag Albania Algeria flag Algeria North Korea flag North Korea Senegal flag Senegal Myanmar flag Myanmar Russia flag Russia Belarus flag Belarus Sudan flag Sudan South Sudan flag South Sudan Venezuela flag Venezuela Crimea Donetsk Luhansk
Countries with Trading Restrictions
Instant Funding models only — Maximum funded allocation of $50K per trader.
Thailand flag Thailand Brazil flag Brazil Bulgaria flag Bulgaria Japan flag Japan Jordan flag Jordan Singapore flag Singapore Malaysia flag Malaysia Indonesia flag Indonesia Philippines flag Philippines
Community Experiences

AquaFunded Ratings and Reviews

Verified experiences shared by Apex Prop Firms members.

Moderated Reviews Content is checked before publication
0 published reviews
5 ★
0
4 ★
0
3 ★
0
2 ★
0
1 ★
0
Community Voice

Member Experiences

0 shown here

Be the First to Share Your Experience

No reviews have been published for this firm yet.

Change Log

AquaFunded Updates

Important changes recorded for this firm, ordered from newest to oldest.

All Updates