CFD / ForexEst. 2023United Arab Emiratesdata verified Aug 9, 2026#10 of 10 CFD / Forex firms · Reviewed by Ayub Rana, CA
Verdict
Updated
Squad score
Trustpilot: rating restricted
What makes up that score
Scored by Ayub Rana against our published methodology.
AquaFunded sells 1-step and 2-step evaluations up to $200K, with 2-step pricing from $99 (10K) to $999 (200K) and an 8%/5% two-phase target structure. Its 2-Step Standard accounts use static drawdowns (5% daily, 8% maximum from starting balance), while the 2-Step Pro variant applies trailing logic with a 10% maximum. The standard profit split is 90% with an optional 100% upgrade, and payouts run every 14 days with roughly 48-hour processing. Fee refunds are tied to multiple compliant payouts rather than the first one, and some funded pathways carry consistency requirements, so check the plan-specific terms.
Get 50% off with code PFSQUAD →
Pros & Cons
The strengths and trade-offs our editors weigh when scoring this firm.
Pricing
Every account size and step count AquaFunded sells, with targets and drawdown limits in one table.
| Program | Account size | Price | Profit target(s) | Max daily loss | Max drawdown | Drawdown type | Split | Refundable |
|---|---|---|---|---|---|---|---|---|
| Instant Funding Standard 5K | $5,000 | $310† | None | — | 3% | Trailing (intraday) | 90% | No |
| 1-Step Standard 5K | $5,000 | $67‡ | 9% | 3% | 6% | Trailing (intraday) | 90% | Yes |
| 2-Step Standard 5KCheapest | $5,000 | $57‡ | 8% / 5% | 5% | 8% | Static | 90% | Yes |
| Instant Funding Standard 10K | $10,000 | $600† | None | — | 3% | Trailing (intraday) | 90% | No |
| 2-Step Pro 10K | $10,000 | $157‡ | 10% / 5% | 5% | 10% | Trailing (intraday) | 90% | Yes |
| 3-Step 10K | $10,000 | $77‡ | 6% / 6% / 6% | 4% | 8% | Static | 90% | Yes |
| 1-Step Standard 10K | $10,000 | $113‡ | 9% | 3% | 6% | Trailing (intraday) | 90% | Yes |
| 2-Step Standard 10K | $10,000 | $103‡ | 8% / 5% | 5% | 8% | Static | 90% | Yes |
| Instant Funding Standard 25K | $25,000 | $1,400† | None | — | 3% | Trailing (intraday) | 90% | No |
| 2-Step Pro 25K | $25,000 | $297‡ | 10% / 5% | 5% | 10% | Trailing (intraday) | 90% | Yes |
| 3-Step 25K | $25,000 | $157‡ | 6% / 6% / 6% | 4% | 8% | Static | 90% | Yes |
| 1-Step Standard 25K | $25,000 | $227‡ | 9% | 3% | 6% | Trailing (intraday) | 90% | Yes |
| 2-Step Standard 25K | $25,000 | $217‡ | 8% / 5% | 5% | 8% | Static | 90% | Yes |
| Instant Funding Standard 50K | $50,000 | $2,600† | None | — | 3% | Trailing (intraday) | 90% | No |
| 2-Step Pro 50K | $50,000 | $417‡ | 10% / 5% | 5% | 10% | Trailing (intraday) | 90% | Yes |
| 3-Step 50K | $50,000 | $237‡ | 6% / 6% / 6% | 4% | 8% | Static | 90% | Yes |
| 1-Step Standard 50K | $50,000 | $327‡ | 9% | 3% | 6% | Trailing (intraday) | 90% | Yes |
| 2-Step Standard 50K | $50,000 | $317‡ | 8% / 5% | 5% | 8% | Static | 90% | Yes |
| 2-Step Pro 100K | $100,000 | $647‡ | 10% / 5% | 5% | 10% | Trailing (intraday) | 90% | Yes |
| 3-Step 100K | $100,000 | $377‡ | 6% / 6% / 6% | 4% | 8% | Static | 90% | Yes |
| 1-Step Standard 100K | $100,000 | $527‡ | 9% | 3% | 6% | Trailing (intraday) | 90% | Yes |
| 2-Step Standard 100K | $100,000 | $517‡ | 8% / 5% | 5% | 8% | Static | 90% | Yes |
| 2-Step Pro 200K | $200,000 | $1,227‡ | 10% / 5% | 5% | 10% | Trailing (intraday) | 90% | Yes |
| 3-Step 200K | $200,000 | $677‡ | 6% / 6% / 6% | 4% | 8% | Static | 90% | Yes |
| 1-Step Standard 200K | $200,000 | $1,017‡ | 9% | 3% | 6% | Trailing (intraday) | 90% | Yes |
| 2-Step Standard 200K | $200,000 | $997‡ | 8% / 5% | 5% | 8% | Static | 90% | Yes |
Read the fine print
Rules
The rules that actually get traders breached: what they are and how this firm sets them.
| Rule | AquaFunded | Why it matters |
|---|---|---|
| Drawdown type | Hybrid | Trailing drawdown follows your equity peak and is the #1 cause of surprise breaches; static drawdown is fixed from starting balance and far more forgiving. |
| Consistency rule | Being verified | Caps how much of your total profit can come from a single day. A strict cap can delay or void payouts for traders with a few big wins. |
| News trading | Allowed | Some firms void trades placed around high-impact news releases, which is critical if you trade NFP, CPI, or rate decisions. |
| Expert advisors (EAs) | Allowed | Determines whether automated strategies and copiers are permitted, and whether an EA can get your account flagged. |
| Minimum trading days | 3 days | The floor on how fast you can pass a phase, which matters if you trade infrequently or want to pass quickly. |
| Challenge time limit | No time limit | A deadline forces you to trade whether or not your setup appears. Firms with no time limit let you sit out bad conditions. |
| Weekend / overnight holding | Allowed | Swing traders need positions to survive the Friday close. Where holding is barred, open trades are closed for you and gaps cannot be traded. |
| Copy trading | Allowed | Decides whether you can mirror one strategy across several accounts. Most firms that allow it restrict it to accounts you own yourself. |
| High-frequency trading | Not allowed | Firms police latency arbitrage and tick scalping hard, and an HFT breach is one of the most common reasons a passed account is voided. |
We track every rule change AquaFunded makes and log it here with dates and sources. No changes recorded yet.
Payouts
Advertised terms plus what we can verify from dated community payout proofs.
Profit split is 90% by default with a 100% profit split add-on available at checkout. Account scaling is separate: a funded trader who makes a 12% return within 3 months while following all rules may have the balance increased by 25% of the initial account size, up to a maximum allocation of $4,000,000 through the Aqua Elite progression program.
We publish payout-speed distributions from dated community proofs rather than trusting advertised numbers. AquaFunded's tracker goes live once we have enough verified data points.
Trust & Company
Who runs AquaFunded, how long they have operated, and what independent review platforms say. Check availability for your country below.
| Established | Dec 10, 2023 |
|---|---|
| Headquarters | United Arab Emirates |
| Ways to pay | Credit / debit card, Apple Pay, Crypto |
| Registered entity | AquaFunded LTDRegistry 2004-00597 |
| Trustpilot score | Restricted by Trustpilot (see notice above) |
| Squad score | 3.8/5 across 5 criteria |
| Max allocation | $400K |
| Status | Listed |
| Data last verified | Aug 9, 2026 |
Official websiteTrustpilot profileCommunity Discord
Platforms & Conditions
The platforms AquaFunded supports, the markets you can trade, and the leverage and commissions that set the real cost of a strategy.
| Asset | Max leverage | Instant funding | 1-step | 2-step | 3-step |
|---|---|---|---|---|---|
| Forex | — | 1:50 | 1:100 | 1:100 | 1:100 |
| Indices | — | 1:10 | 1:20 | 1:20 | 1:20 |
| Commodities | — | 1:10 | 1:20 | 1:20 | 1:20 |
| Crypto | 1:2 | — | — |
| Asset | Cost per trade |
|---|---|
| Forex | $5 per lot round turn |
| Commodities | $5 per lot round turn |
| Indices | $0 |
| Crypto | $0 |
Commission is the recurring cost of trading here, charged on every lot whether the trade wins or loses. It matters most if you scalp or trade high volume.
FAQ
Short, direct answers to what traders ask most before buying a challenge here.
AquaFunded has operated since 2023, scores 4.4/5 across 284 trader reviews on our platform. We track its rules, payouts and Trustpilot trend continuously and flag any firm that stops paying traders.
Challenges start around $57 for the smallest account size. See the pricing table above for every size and step count.
AquaFunded pays funded traders up to 90% of profits.
AquaFunded pays Every 14 days from the first trade on the funded account. Instant Funding accounts can add a payout on demand upgrade at checkout., and community payout proofs we track average 2 days from request to receipt.
Yes — code PFSQUAD gives 50% off. See the promo page for terms and expiry.
AquaFunded supports TradeLocker, cTrader, MT5, Match Trader.
AquaFunded advertises up to $400,000 in trading capital through account scaling.
Alternatives
Top-rated firms traders compare against this one.
| — |
| — |
Leverage caps your position size, so it decides which strategies fit this firm at all. Some firms reduce it once you are funded.