Overview
AquaFunded is a Dubai-based firm selling evaluations on forex, indices, commodities and crypto, with a separate futures side on Tradovate. It has a lot of models, so it suits traders who like to pick their exact risk settings and are happy to read each model's page before buying.
How the evaluation works
Two Step Standard: 8% then 5%, with a 5% daily and 8% overall loss limit on a static floor. Three trading days per phase, each with at least 0.5% profit.
One Step Standard: a single 9% target, 3% daily and 6% overall. The overall limit trails your highest balance or equity.
Instant Funding Standard: no target. 3% daily and 5% overall, and the overall floor moves up at each daily reset.
Futures One Step: a dollar target (6% on the 50k) with an end-of-day trailing drawdown and position caps per size.
None of the evaluations has a time limit. There are Pro, Elite and Flex versions too, each with its own numbers.
Rules worth knowing
News trading is allowed, but profit made within five minutes of a high-impact release is capped at 0.5% of the starting balance per payout cycle. Weekends, EAs, hedging and copy trading between your own accounts are all fine. Instant accounts have a 15% consistency rule, and funded accounts lose part of their split if open losses ever reach 1% of the balance. You also can't use more than 80% of your margin on one position.
Getting paid
The standard split is 90%, with 100% sold as an add-on. Your first reward comes 14 days after your first funded trade, then every 14 days. Rewards go out by crypto or Rise, with a 3% processing fee. Accounts of 100k and up are capped at $10,000 for each of the first two rewards. The fee comes back with your fourth reward.
At a glance
- Platforms
- MetaTrader 5, cTrader, Match-Trader, TradeLocker, Tradovate
- Payouts
- Crypto, Rise
- Based in
- Dubai, United Arab Emirates
Good
- No time limit on any evaluation
- Weekend holding, EAs and copy trading allowed
- Wide spread of models, including instant funding and futures
- Fee refunded on the fourth reward
Watch for
- One-step models use a trailing maximum loss
- News profits capped at 0.5% of the balance per cycle
- 3% processing fee on every reward
- Instant accounts carry a 15-20% consistency rule
Challenges
Every account AquaFunded sells. Sort by any column.
| Program | Drawdown | Payouts | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Two Step Standard2-step | $5K | $28.80refundable | 8% / 5% | 5% | 8% | Static | 90% | 3 days | 14 days |
| Two Step Standard2-step | $50K | $239.20refundable | 8% / 5% | 5% | 8% | Static | 90% | 3 days | 14 days |
| Two Step Standard2-step | $100K | $375.20refundable | 8% / 5% | 5% | 8% | Static | 90% | 3 days | 14 days |
| Two Step Standard2-step | $200K | $757.60refundable | 8% / 5% | 5% | 8% | Static | 90% | 3 days | 14 days |
| One Step Standard1-step | $5K | $53.60refundable | 9% | 3% | 6% | Trailing | 90% | 3 days | 14 days |
| One Step Standard1-step | $100K | $421.60refundable | 9% | 3% | 6% | Trailing | 90% | 3 days | 14 days |
| Instant Funding StandardInstant | $100K | $505.33 | None | 3% | 5% | End-of-day trailing | 90% | 5 days | 14 days |
| One Step Standard (Futures)1-step | $50K | $160refundable | 6% | 2% | 4% | End-of-day trailing | 90% | None | On demand |
Trading rules
What the funded account lets you do. Restricted means allowed with conditions; check the firm's terms.
Not available to residents of AL, BY, CU, DZ, IR, KE, KP, MM, RU, SD, SN, SS, SY, VE, VN.
Payouts
How you get paid
- Methods
- Crypto, Rise
- Frequency
- 14 days · On demand
- First payout
- after 14 days
Profit split by program
- Two Step Standard
- up to 90%
- One Step Standard
- up to 90%
- Instant Funding Standard
- up to 90%
- One Step Standard (Futures)
- up to 90%
What traders say
Scores from the sites traders use, and our summary of what they're saying, checked 6 October 2026.
AquaFunded gets a sharply split verdict. It scores 4.4 on Prop Firm Match from about 300 verified traders, and many of them say payouts landed within a day. Trustpilot tells a different story: the page has around 1,400 reviews, but Trustpilot has hidden the star rating and posted a breach-of-guidelines notice after removing fake reviews, so there is no headline score to quote. Before that, review sites reported it at about 3.0. Forex Peace Army has a page with mostly negative write-ups.
What traders like
Fast payouts when approved. Many Prop Firm Match reviewers say their reward arrived within 24 hours, and the firm advertises a payout guarantee with a penalty if it misses it.
Low entry cost. Traders like the cheap starter plans, including a $1 trial, and the reward points earned on purchases.
Responsive support. Live chat and email replies get regular praise.
Rules that feel fair to those who read them. Several reviewers and Reddit commenters say the conditions are clear if you go through the FAQ.
Common complaints
Payouts denied at the finish line. The main pattern on Trustpilot and Forex Peace Army: traders say that once they qualified for a payout, it was refused or cut over copy trading, third-party trading, IP overlap or HFT, which they deny.
Rules discovered late. Some say key limits, such as allocation caps, drawdown type and news trading restrictions, only became clear after a breach or a payout request. One review site notes the rules page describes a fixed drawdown while most models trail.
Doubts about review credibility. Reddit threads and review sites point to the Trustpilot fake-review notice and treat the firm's own rating claims with caution.
Recently
July 2026: several review sites reported that Trustpilot had hidden AquaFunded's rating and put up a warning over fake reviews.
August to September 2026: new Forex Peace Army reviews describe payouts rejected over copy trading and a reward-points account that tripped an allocation limit.
Where this comes from
Trustpilot: the firm's main review page, rating currently hidden.
Prop Firm Match: verified-trader reviews.
Forex Peace Army: trader reviews, mostly payout disputes.
Reddit: an r/Forex warning thread about hidden rules, with replies on both sides.
The Industry Spread: report on the Trustpilot notice.
Verified reviews
Reviews from traders who've connected an account at AquaFunded to Chartnaut, so you know they actually traded there. Opening soon.
