AquaFunded Prop Firm Review
AquaFunded is a new prop firm established in December 2023. The CEO is Jason Blax. The company is registered in Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates. AquaFunded recently partnered with Think Markets as their broker. The account sizes vary from $10,000 to $200,000. Prop firms have evaluation processes to choose who gets to trade with them, and so does AquaFunded. If you want to learn more about this prop firm, keep reading.
AquaFunded Available Trading Platforms
The currently available trading platform is DXTrade. This is a platform for brokers who want quality tools for client retention, engagement, and risk management. AquaFunded announced that they’ll soon be offering TradeLocker as well.
Trading Instruments Offered at AquaFunded Prop Firm
AquaFunded, in partnership with ThinkMarkets, provides various trading instruments such as forex pairs, commodities, cryptocurrencies, and indices. The leverage varies based on the trading instrument.
| Tradable Instrument | Leverage |
| Forex | 1:100 |
| Indices | 1:20 |
| Commodities | 1:20 |
| Crypto | 1:2 |
Forex Pairs
| AUD/CAD | AUD/CHF | AUD/JPY | AUD/NZD | AUD/SGD | AUD/USD |
| AUD/ZAR | CAD/CHF | CAD/JPY | CHF/HUF | CHF/JPY | CHF/ZAR |
| EUR/AUD | EUR/CAD | EUR/CHF | EUR/CZK | EUR/GBP | EUR/HUF |
| EUR/JPY | EUR/MXN | EUR/NOK | EUR/NZD | EUR/PLN | EUR/RUB |
| EUR/SEK | EUR/SGD | EUR/USD | EUR/ZAR | GBP/AUD | GBP/CAD |
| GBP/CHF | GBP/JPY | GBP/NZD | GBP/SGD | GBP/USD | GBP/ZAR |
| NOK/SEK | NZD/CAD | NZD/CHF | NZD/JPY | NZD/SEK | NZD/SGD |
| NZD/USD | SGD/JPY | USD/CAD | USD/CHF | USD/CZK | USD/HKD |
| USD/HUF | USD/ILS | USD/JPY | USD/MXN | USD/NOK | USD/PLN |
| USD/RUB | USD/SEK | USD/SGD | USD/ZAR | ZAR/JPY |
Commodities
| XAG/USD | XAU/USD | XPD/USD | XPT/USD |
| BRENT | CL | NGAS |
Indices
| ASX | DAX | DOW | FTSE |
| STOXX50 | NSDQ SP | NIKKEI | HK50 |
Cryptocurrencies
| BCH/USD | BTC/USD | ETH/USD | LTC/USD |
Payment Options at AquaFunded
AquaFunded offers two payment options: Credit/Debit card, and cryptocurrency. You can withdraw your funds via Bank Transfer and Rise.
Account Size Varieties at AquaFunded Prop Firm
AquaFunded has two evaluation options available One Step challenge and Two Steps challenge. Both of them have the same account amount: $10k, $25k, $50k, $100k, and $200k. You can purchase and trade with multiple challenges at the same time. Your funded accounts are limited to a maximum of $400k. You can grow your account to $2 million with the scaling plan.
| Challenge Size | $10,000 | $10,000 | $25,000 | $25,000 | $50,000 | $100,000 | $200,000 | $200,000 |
| Steps | 1-step | 2-Step | 1-step | 2-Step | 1-step | 2-Step | 1-step | 2-Step |
| Price | $58 | $46 | $162 | $147 | $237 | $387 | $747 | $732 |
| Profit split | 90% | 90% | 90% | 90% | 90% | 90% | 90% | 90% |
| Leverage | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 |
| Profit target | 9% | 8%-5% | 9% | 8%-5% | 9% | 8%-5% | 9% | 8%-5% |
| Max daily loss | 3% | 5% | 3% | 5% | 3% | 5% | 3% | 5% |
| Max total loss | 6% | 8% | 6% | 8% | 6% | 8% | 6% | 8% |
| Minimum trading days | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Commission per lot | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Refundable fees (Yes/No) | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Free trial (Yes/No) | No | No | No | No | No | No | No | No |
| Payout Frequency | Bi-weekly | Bi-weekly | Bi-weekly | Bi-weekly | Bi-weekly | Bi-weekly | Bi-weekly | Bi-weekly |
Profit Share Dynamics in AquaFunded
AquaFunded offers a fair profit share of 90:10, you get to keep the 90% of profit, and AquaFunded gets 10%.
Profit Targets Across Challenges
In the One step challenge the profit target is 9%. The required profit target for the first phase of the Two Phase challenge is 9%, and for the second phase 5%. You must not violate any rules and trading parameters. If you reach the target after all the positions are closed, you’re offered a funded account.
Max Daily/Total Loss and Drawdown Rules at AquaFunded
The maximum daily loss is a loss limit a trader can lose in a single day. The maximum daily loss at AquaFunded is 3%. The maximum trailing loss is the most money you’ve ever had in your account and the lowest it’s dropped. At AquaFunded, no matter how big your account is, you’re only allowed to lose up to 6% of the most money you’ve had.
Maximum/Minimum Trading Days Policy at AquaFunded
The maximum and minimum days at Aqua Funded are unlimited. This means you have unlimited time to complete the evaluation process. Because of that, there are no challenge reset options.
How to Pass AquaFunded Challenges
Passing a proprietary trading firm’s challenges involves demonstrating your trading skills and effective risk management. To pass the AquaFunded challenges, you’ll need to carefully understand the challenge. Maybe create a suitable trading strategy. Make sure you stay disciplined, learn from your performance, and seek feedback from experienced traders or mentors.
Are Fees Refundable at AquaFuned?
The evaluation fee you paid for the account is completely refundable after you receive your first payout. If you fail your evaluation, it’s not refundable.
Payout Intervals at AquaFunded
The first payout at AquaFunded is 14 calendar days from the day you place your first positions on your funded account. All other withdrawals can be submitted bi-weekly.
AquaFunded Fee and Commission Details
| Trading Instrument | Commission Fee |
| FOREX | $5 per lot |
| COMMODITIES | $5 per lot |
| INDICES | $0 per lot |
| CRYPTO | $0 per lot |
Challenge Participation Fees
There’s currently an active sale discount on challenges at AquaFunded so the pricing is:
One Phase Challenge
| Account Amount | Old Price | New Price |
| $10k | $97 | $70 |
| $25k | $217 | $158 |
| $50k | $317 | $231 |
| $100k | $517 | $377 |
| $200k | $997 | $727 |
Two Phase Challenge
| Account Amount | Old Price | New Price |
| $10k | $77 | $56 |
| $25k | $197 | $143 |
| $50k | $297 | $216 |
| $100k | $497 | $362 |
| $200k | $977 | $713 |
Does AquaFunded Prop Firm Offer a Free Trial?
You can try a challenge before deciding to buy it with AquaFunded’s “try before you buy” option.
Breaking Down AquaFunded Pros and Cons
Pros ✅
- A large variety of trading instruments
- Leverage up to 1:100
- Unlimited trading days
- Scaling plan
- Fair profit share of 90%
Cons ⛔
- Relatively new prop firm
- Trailing drawdown on one-phase evaluation
- The evaluation process may be challenging for beginners
AquaFunded FAQ Section
How do I become funded by AquaFunded?
You need to pass the evaluation process.
How many accounts can I trade?
You can have multiple accounts at the same time. You can merge funded accounts up to a maximum of $400k.
Can I have a free retry?
No. You have unlimited time to complete the evaluation, so there is no need for retries.
How do payouts work?
You are eligible for a payout 14 days from the first trade on your funded account. After withdrawal, you can qualify again for another payout every 14 days of trading. The minimum amount you can withdraw on both funded and affiliate accounts is $100.
Do you have a scaling plan?
Yes. Aqua Funded does have a scaling plan. The maximum amount you can grow your Aqua Funded account is $2,000,000.
Is there a breach for inactivity?
Yes. Your account is considered inactive if you don’t place a trade every 30 days.
Am I trading real money?
No, all AquaFunded accounts are demo accounts with virtual funds.
Are there any countries we cannot trade from?
Yes. The restricted countries are: Cuba, Iran, North Korea, Syria, Pakistan, Vietnam, Thailand, Kenya, and Myanmar
When does the Evaluation start?
The evaluation starts right after you place your first trade on your account.
Do I have to pay for my loss?
No. AquaFunded covers all your losses on your challenge accounts.
Can I leave profits in my account?
Yes.
Is the Evaluation Fee refundable?
The evaluation fee is fully refundable after you receive your first payout. If you end up failing the evaluation, your first payout is not refundable.
What is the maximum capital I am allowed?
Funded accounts at AquaFunded can hold up to $400,000. If you’re part of the scaling plan, that limit can go up to $2 million.
What happens if I violate a rule or the trading parameters?
Your account will be closed and the Trader Agreement will be terminated.
What is the Profit Split?
The profit split at AquaFunded is 90:10.
How to become an Affiliate?
Join as an affiliate from your dashboard. Receive payouts every 14 days after your initial sale. Withdraw your earnings once they exceed $30 in commissions through the dashboard.
Exclusive Offers
