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Forex prop firm

AquaFunded

Dubai-based CFD prop firm selling instant, 1-step and 2-step accounts from $2.5K to $400K.

Founded
2023 (3 years)
Headquarters
Dubai, United Arab Emirates
CEO
Jason Blax
Max funding
$400K
Profit split
Up to 100%
Programs
Instant funding, 1-step, 2-step

Trading permissions

  • NewsAllowed with limits
  • EAsAllowed
  • CopyAllowed with limits
  • OvernightAllowed
  • WeekendAllowed

Overview

AquaFunded is a CFD proprietary trading firm established in 2023. It is operated by Aqua Funded FZCO in Dubai, and its simulated trading services are provided by AquaFunded LTD, registered in Saint Lucia. The firm belongs to the holding company AquaFunds, which also owns the separate AquaFutures brand. Traders can buy Instant Funding accounts in Standard, Pro and Flex versions, or 1-step and 2-step evaluations, on Match-Trader, TradeLocker, MT5 or cTrader. The standard profit split is 90%, or 100% with a paid add-on, and funded allocation is capped at $400,000 per trader before scaling.

What you trade
CFD: Forex, Indices, Metals, Commodities, Crypto
Featured challenge
Instant Funding Pro, $100K for $560
Accounts on offer
49 across 8 programs

PropScout score

6.3/10
Trader reputation 25%
5.0
No Trustpilot profile found, scored as neutral.
Track record 20%
3.8
3 years in operation.
Payout terms 20%
10.0
Profit split up to 100%.
Pricing 15%
3.8
Featured challenge costs more than the forex median per $100K.
Rule flexibility 12%
8.0
News, EAs, copy trading, overnight and weekend holding.
Platform choice 8%
10.0
4 trading platforms.

Weights and formulas are on the methodology page.

AquaFunded challenges

All 49 account options. Prices are list prices before discounts, in the currency AquaFunded charges.

49 challenges
AquaFunded challenges
ProgramTargetDaily lossMax lossDrawdownPayoutsDetails
Instant Funding StandardInstant funding$2.5KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$1,227$30.67Details
Instant Funding ProInstant funding$2.5KNone3%6%Equity trailingn/a90% to 100%Every 14 days$1,334$33.34Details
2 Step Pro2-step$5K10% / 5%5%10%Equity trailing1.5090% to 100%Every 14 days$400$20Details
2 Step Elite2-step$5K8% / 5%4%12%Static1.0890% to 100%Every 14 days$560$28Details
2 Step Standard2-step$5K8% / 5%5%8%Static1.6390% to 100%Every 14 days$603$30.15Details
Instant Funding StandardInstant funding$5KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$1,040$52Details
1 Step Standard1-step$5K9%3%6%Equity trailing1.5090% to 100%Every 14 days$1,142$57.08Details
Instant Funding ProInstant funding$5KNone3%6%Equity trailingn/a90% to 100%Every 14 days$1,200$60Details
1 Step Flex1-step$5K10%3%12%Static0.8390% to 100%Every 14 days$1,292$64.62Details
Instant FlexInstant funding$5KNone2%4%Equity trailingn/a90%Every 14 days$2,380$119Details
2 Step Pro2-step$10K10% / 5%5%10%Equity trailing1.5090% to 100%Every 14 days$392$39.20Details
2 Step Elite2-step$10K8% / 5%4%12%Static1.0890% to 100%Every 14 days$539$53.85Details
2 Step Standard2-step$10K8% / 5%5%8%Static1.6390% to 100%Every 14 days$765$76.46Details
Instant Funding StandardInstant funding$10KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$787$78.67Details
Instant Funding ProInstant funding$10KNone3%6%Equity trailingn/a90% to 100%Every 14 days$867$86.66Details
1 Step Standard1-step$10K9%3%6%Equity trailing1.5090% to 100%Every 14 days$969$96.93Details
1 Step Flex1-step$10K10%3%12%Static0.8390% to 100%Every 14 days$1,077$107.70Details
Instant FlexInstant funding$10KNone2%4%Equity trailingn/a90%Every 14 days$2,250$225Details
2 Step Pro2-step$25K10% / 5%5%10%Equity trailing1.5090% to 100%Every 14 days$285$71.20Details
2 Step Elite2-step$25K8% / 5%4%12%Static1.0890% to 100%Every 14 days$444$110.93Details
2 Step Standard2-step$25K8% / 5%5%8%Static1.6390% to 100%Every 14 days$569$142.15Details
Instant Funding StandardInstant funding$25KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$688$172Details
Instant Funding ProInstant funding$25KNone3%6%Equity trailingn/a90% to 100%Every 14 days$741$185.34Details
1 Step Standard1-step$25K9%3%6%Equity trailing1.5090% to 100%Every 14 days$780$194.93Details
1 Step Flex1-step$25K10%3%12%Static0.8390% to 100%Every 14 days$823$205.70Details
Instant FlexInstant funding$25KNone2%4%Equity trailingn/a90%Every 14 days$1,756$439Details
2 Step Pro2-step$50K10% / 5%5%10%Equity trailing1.5090% to 100%Every 14 days$286$143.20Details
2 Step Elite2-step$50K8% / 5%4%12%Static1.0890% to 100%Every 14 days$476$238Details
Instant Funding StandardInstant funding$50KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$557$278.67Details
1 Step Standard1-step$50K9%3%6%Equity trailing1.5090% to 100%Every 14 days$562$281.08Details
1 Step Flex1-step$50K10%3%12%Static0.8390% to 100%Every 14 days$601$300.47Details
2 Step Standard2-step$50K8% / 5%5%8%Static1.6390% to 100%Every 14 days$601$300.68Details
Instant Funding ProInstant funding$50KNone3%6%Equity trailingn/a90% to 100%Every 14 days$611$305.34Details
Instant FlexInstant funding$50KNone2%4%Equity trailingn/a90%Every 14 days$1,250$625Details
2 Step Pro2-step$100K10% / 5%5%10%Equity trailing1.5090% to 100%Every 14 days$279$279.20Details
2 Step Elite2-step$100K8% / 5%4%12%Static1.0890% to 100%Every 14 days$393$393.08Details
1 Step Standard1-step$100K9%3%6%Equity trailing1.5090% to 100%Every 14 days$453$453.39Details
2 Step Standard2-step$100K8% / 5%5%8%Static1.6390% to 100%Every 14 days$473$472.98Details
1 Step Flex1-step$100K10%3%12%Static0.8390% to 100%Every 14 days$481$481.39Details
Instant Funding StandardInstant funding$100KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$505$505.33Details
Instant Funding ProInstant funding$100KNone3%6%Equity trailingn/a90% to 100%Every 14 days$560$560Details
Instant FlexInstant funding$100KNone2%4%Equity trailingn/a90%Every 14 days$999$999Details
2 Step Pro2-step$200K10% / 5%5%10%Equity trailing1.5090% to 100%Every 14 days$280$559.20Details
Instant Funding StandardInstant funding$200KNone3%5%End-of-day trailingn/a90% to 100%Every 14 days$426$852Details
2 Step Standard2-step$200K8% / 5%5%8%Static1.6390% to 100%Every 14 days$430$860.68Details
1 Step Standard1-step$200K9%3%6%Equity trailing1.5090% to 100%Every 14 days$438$875.54Details
Instant Funding ProInstant funding$200KNone3%6%Equity trailingn/a90% to 100%Every 14 days$453$905.34Details
Instant Funding ProInstant funding$300KNone3%6%Equity trailingn/a90% to 100%Every 14 days$488$1,465.33Details
Instant Funding ProInstant funding$400KNone3%6%Equity trailingn/a90% to 100%Every 14 days$466$1,865.33Details

Target ÷ loss is the total profit target divided by the max loss limit. Lower means less profit is needed for each unit of risk. Prices are list prices before discounts. Per $100K converts EUR and GBP at a fixed rate for ranking only.

Instant Funding Pro

Instant funding
Account sizes
$2.5K to $400K
Price
$33.34 to $1,865.33
Drawdown
Equity trailing
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
5 days with at least 0.5% profit
Time limit
None
  • Payouts: every 14 days (on demand with a paid add-on)
  • The 6% maximum loss trails the highest equity reached, including floating profit, and never moves down.
  • The account is closed if combined floating loss reaches 2% of the starting balance (1% on $300K and $400K).
  • The 20% consistency rule is described as a limited-time change.
  • The pricing table says the first payout is on demand and later ones bi-weekly. The help center lists on-demand payouts as a paid add-on.
  • Prices are checkout list prices before discounts. cTrader costs $15 extra.

Instant Funding Standard

Instant funding
Account sizes
$2.5K to $200K
Price
$30.67 to $852
Drawdown
End-of-day trailing
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
5 days with at least 0.5% profit
Time limit
None
  • Payouts: every 14 days (on demand with a paid add-on)
  • At each 00:00 UTC reset, the maximum loss limit is set 5% of the starting balance below the higher of balance or equity. It only moves up.
  • A floating loss of 1% of the starting balance counts as a strike: the first cuts the split to 50%, the second to 25%, and the third ends the account.
  • These rules apply to accounts bought from 8 September 2026. Older accounts use a 3% trailing maximum loss and a 20% consistency rule.
  • The website pricing table shows prices a few cents below the checkout list prices used here (for example $505 vs $505.33 for 100K).

Instant Flex

Instant funding
Account sizes
$5K to $100K
Price
$119 to $999
Drawdown
Equity trailing
Profit split
90%
Payouts
Every 14 days
Minimum trading days
7 days with at least 0.5% profit
Time limit
None
  • The 4% maximum loss trails the highest equity reached.
  • Withdrawable profit is capped at 5% of the starting balance per payout cycle. Profit above the cap is removed when the payout is processed.
  • The account is closed if combined floating loss reaches 1% of the starting balance.
  • The Instant Flex article does not mention a 100% split add-on.

1 Step Standard

1-step
Account sizes
$5K to $200K
Price
$57.08 to $875.54
Drawdown
Equity trailing
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
3 days with at least 0.5% profit
Time limit
None
Fee refunded
Yes, with a qualifying payout
  • Payouts: every 14 days (every 7 days with a paid add-on)
  • The 6% maximum loss trails the highest recorded balance or equity.
  • Daily loss is 3% of the higher of balance or equity at the 00:00 UTC reset, not of the starting balance.
  • WaveStop applies on the funded account.
  • The pricing table lists 'first reward in 7 days, then bi-weekly', while the help center describes 7-day payouts as a paid add-on.

1 Step Flex

1-step
Account sizes
$5K to $100K
Price
$64.62 to $481.39
Drawdown
Static
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
None to pass; 3 days with at least 0.5% profit before the first funded payout
Time limit
None
Fee refunded
Yes, with a qualifying payout
  • Payouts: every 14 days (every 7 days with a paid add-on)
  • The 12% static maximum loss applies to accounts bought from 31 August 2026. Earlier accounts keep a 10% limit.
  • The daily loss limit is set at each 00:00 UTC reset from the higher of balance or equity.
  • On the funded account, a floating loss of 1% is a WaveStop strike: the first cuts the split to 50%, the second to 25%, and the third ends the account.

2 Step Standard

2-step
Account sizes
$5K to $200K
Price
$30.15 to $860.68
Drawdown
Static
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
3 days with at least 0.5% profit in each phase
Time limit
None
Fee refunded
Yes, with a qualifying payout
  • Payouts: every 14 days (every 7 days with a paid add-on)
  • Daily loss is 5% of the higher of the previous day's closing balance or equity, reset at 00:00 UTC.
  • WaveStop applies on the funded account.

2 Step Pro

2-step
Account sizes
$5K to $200K
Price
$20 to $559.20
Drawdown
Equity trailing
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
None during the evaluation; 3 days with at least 0.5% profit on the funded account
Time limit
None
Fee refunded
Yes, with a qualifying payout
  • Payouts: every 14 days (every 7 days with a paid add-on)
  • The 10% maximum loss trails the highest balance or equity.
  • WaveStop applies on the funded account.
  • The website pricing table rounds these prices down (for example $279 vs the $279.20 checkout list price used here).

2 Step Elite

2-step
Account sizes
$5K to $100K
Price
$28 to $393.08
Drawdown
Static
Profit split
90%, up to 100%
Payouts
Every 14 days
Minimum trading days
3 days with at least 0.5% profit in each phase
Time limit
None
Fee refunded
Yes, with a qualifying payout
  • Payouts: every 14 days (every 7 days with a paid add-on)
  • Rules were updated on 22 October 2026. Accounts bought before then have a 10% maximum loss.
  • On the funded account, a floating loss of 1% is a WaveStop strike: the first cuts the split to 50%, the second to 25%, and the third ends the account.

Trading rules

What AquaFunded lets you do on its accounts, taken from its rules and FAQ pages.

  • News trading

    Allowed with limits

    Allowed on accounts opened after 27 April 2026. Profit from trades opened or closed within 5 minutes of high-impact or FOMC events is capped at 0.5% of the starting balance per payout cycle.

  • Expert advisors

    Allowed

    EAs are allowed as part of the trader's own strategy. High-frequency trading, tick scalping and arbitrage bots are prohibited.

  • Copy trading

    Allowed with limits

    Copying is allowed only between accounts legally owned by the account holder, including the trader's own external accounts.

  • Overnight holding

    Allowed

  • Weekend holding

    Allowed

Rules to read before you buy

  • Daily loss resets at 00:00 UTC and is measured from the higher of balance or equity at the reset.
  • Using more than 80% of available margin on one position is a violation, and profits from it are deducted.
  • Trades held under 2 minutes may be classed as tick scalping, and their profits can be removed on funded accounts.
  • WaveStop on funded 1 Step Standard and 2 Step accounts closes all positions at a set floating-loss level and cuts the profit split on repeat triggers.
  • Hedging within one account and martingale are permitted. There is no maximum lot size.
  • Residents of Thailand, Brazil, Bulgaria, Japan, Jordan, Singapore, Malaysia, Indonesia and the Philippines may only buy Instant Funding accounts, up to $50K funded.
  • Instant Funding accounts cannot be merged.

Inactivity: At least one trade every 30 days, counted from the first trade. Otherwise the account is breached.

How the drawdown works

Equity trailing (Instant Funding Pro, Instant Flex, 1 Step Standard, 2 Step Pro)
The loss limit rises with your highest equity, including open profit, so it follows unrealised gains too.
End-of-day trailing (Instant Funding Standard)
The loss limit moves up once a day, based on your end-of-day balance, and ignores swings during the session.
Static (1 Step Flex, 2 Step Standard, 2 Step Elite)
The loss limit is fixed at a set distance below your starting balance and never moves.

Consistency rules

Instant Funding Pro
Best day must be under 20% of total profit for accounts bought from 8 September 2026 (15% before that date)
Instant Funding Standard
Best day must be under 15% of total profit
Instant Flex
None
1 Step Standard
None
1 Step Flex
None
2 Step Standard
None
2 Step Pro
On the funded account, the best day must be under 50% of the period's profit (accounts bought from 31 August 2026; 25% before that date)
2 Step Elite
None

Leverage and fees

Leverage

AquaFunded leverage
Forex1:100 during evaluations; 1:50 on funded and Instant accounts
Indices1:20 during evaluations; 1:10 on funded and Instant accounts
Commodities1:20 during evaluations; 1:10 on funded and Instant accounts
Crypto1:2

Commissions

AquaFunded commissions
Forex$5 per lot
Commodities$5 per lot
Indices$0
Crypto$0

Payouts

Full AquaFunded payout guide
Profit split
90% on all current programs. A paid add-on raises it to 100% for the life of the account.
How often
Every 14 days. Paid add-ons allow payouts every 7 days on evaluation accounts, or on demand on Instant Funding accounts.
First payout
14 days after the first trade on the funded account, once the minimum trading days are met.
Minimum withdrawal
$100
  • A 3% processing fee is deducted from every payout.
  • Crypto is used for payouts under $5,000. Rise, which offers bank transfer or crypto, is used for payouts of $500 or more.
  • On $100K and larger accounts, the first two payouts are capped at $10,000 each.
  • Payouts are guaranteed within 24 business hours (Dubai business days); if late, $1,000 is added.
  • The evaluation fee is refunded with the fourth payout unless the account is hard-breached first.
  • The WaveStop help article describes a 2% trigger with two strikes, while the 1 Step Flex and 2 Step Elite articles describe a 1% trigger with three strikes.

Ways to get paid

  • Crypto
  • Rise

Scaling plan

Funded accounts that return 12% within 3 months while following all rules can be increased by 25% of the starting balance, up to $4,000,000.

  • Funded allocation is capped at $400,000 before scaling. Eligible funded accounts can be merged when at breakeven.
  • A separate Aqua Elite progression program offers further tiers. All scaling is subject to review and approval.

Platforms and payments

Trading platforms

  • Match-Trader
  • TradeLocker
  • MetaTrader 5
  • cTrader

Markets

  • Forex
  • Indices
  • Metals
  • Commodities
  • Crypto

Pay for a challenge with

  • Credit or debit card
  • Apple Pay
  • Crypto

Who can sign up

AquaFunded accepts traders from the United States. It lists 18 restricted countries.

Show restricted countries
  • Cuba
  • Iran
  • Syria
  • Vietnam
  • Kenya
  • Albania
  • Algeria
  • North Korea
  • Senegal
  • Myanmar
  • Russia
  • Belarus
  • Sudan
  • South Sudan
  • Venezuela
  • Crimea
  • Donetsk
  • Luhansk

More about AquaFunded

Compare AquaFunded

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Sources

We checked these pages on or before 25 October 2026. Firms change their terms often, so confirm the details on AquaFunded's site before you pay.

Spotted something out of date? Send a correction.

AquaFunded questions

How much does a AquaFunded challenge cost?

List prices run from $20 for the $5K 2 Step Pro account to $1,865.33 for the $400K Instant Funding Pro account, before any discount.

What profit split does AquaFunded pay?

90% on all current programs. A paid add-on raises it to 100% for the life of the account.. The highest split across its programs is 100%.

How often does AquaFunded pay out?

Every 14 days. Paid add-ons allow payouts every 7 days on evaluation accounts, or on demand on Instant Funding accounts.. First payout: 14 days after the first trade on the funded account, once the minimum trading days are met..

Does AquaFunded allow news trading?

Allowed with limits. Allowed on accounts opened after 27 April 2026. Profit from trades opened or closed within 5 minutes of high-impact or FOMC events is capped at 0.5% of the starting balance per payout cycle.

Can I use expert advisors (EAs) with AquaFunded?

Allowed. EAs are allowed as part of the trader's own strategy. High-frequency trading, tick scalping and arbitrage bots are prohibited.

Does AquaFunded accept traders from the United States?

Yes. AquaFunded's terms allow US residents to sign up. It does restrict 18 other countries, listed on this page.

Which platforms can I trade on with AquaFunded?

Match-Trader, TradeLocker, MetaTrader 5, cTrader.

How long has AquaFunded been operating?

AquaFunded was founded in 2023 and is based in Dubai, United Arab Emirates. Its CEO is Jason Blax.

Last checked 25 October 2026.