AquaFunded Review

Some links on this page are affiliate links. How we earn money.

Forex prop firm

AquaFunded rules, prices and payouts, checked on September 27, 2026 against aquafunded.com.

Market

Forex

Programs

Instant Funding Standard, Instant Funding Pro, Instant Funding Flex, Try Aqua, One-Step Standard, One-Step Flex, Two-Step Standard, Two-Step Pro, Two-Step Elite, Pay Later, Crypto Instant Funding, Crypto One Step

Accounts up to

$400K

Platforms

MetaTrader 5, Match Trader, TradeLocker +1

No partner code

Visit AquaFundedRead the verdict

AquaFunded sells simulated funded accounts at aquafunded.com, plus a crypto site at crypto.aquafunded.com. This review covers twelve plans: Instant Funding Standard, Pro and Flex, the $10 Try Aqua account, One-Step Standard and Flex, Two-Step Standard, Pro and Elite, Pay Later and two crypto plans. Futures plans sold at aquafunded.com/futures are covered in the Aqua Futures review.

The numbers to check first: Instant Standard trails 5% and costs $505.33 for $100,000, Pro trails 6% at $560, Flex trails 4% at $999, and Two-Step Pro lists $20 for $5,000. Pay Later takes $5 upfront at any size. Forex plans list a 90% split, rewards run on a 14-day cycle and the daily limit resets at 00:00 UTC.

Highlights and good to know

Highlights

• Two-Step Pro has the lowest published list price of the five forex evaluations at every size: $20 for $5,000, $279.20 for $100,000 and $559.20 for $200,000.
• Pay Later charges $5 upfront on every size from $2,500 to $400,000, with the rest of the fee paid after passing a one-step evaluation with a 3% target.
• Instant Funding Standard and Pro start trading on purchase with no profit target, from $30.67 and $33.34 for $2,500 up to $400,000.
• One-Step Flex uses a static 12% drawdown for accounts bought from 31 August 2026, an $88,000 floor on $100,000, with no minimum trading days in the evaluation.
• EAs, trade copiers across your own accounts, overnight and weekend holding and news trading are all allowed, and the evaluations have no time limit.
• Approved payouts carry a 24 business hour guarantee, with an extra $1,000 added if processing is late, and on evaluation plans the evaluation fee is refunded at the fourth payout.
• Every forex plan lists a 90% profit split as standard, and Standard, Pro and the evaluation plans offer a 100% lifetime split as a checkout add-on.

Good to know

• News trading is allowed on all accounts. Profit from trades opened or closed within 5 minutes before or after high-impact news is capped at 0.5% of the starting balance per payout cycle, and the excess is removed from the payout with no breach. This rule applies to accounts opened after 27 April 2026; accounts bought before 27 April 2026 stay under the previous news rules.
• An account must place at least one trade in any 30-day period; with no trade in 30 days it is marked inactive and breached. The rule applies from the moment of the first trade.
• A payout requires a balance above the initial balance, no rule violations and all trades and pending orders closed. Payouts carry a 3% processing fee, and the minimum is $100.
• Excluded countries listed in the help center: Cuba, Iran, Syria, Vietnam, Kenya, Albania, Algeria, North Korea, Senegal, Myanmar, Russia, Belarus, Sudan, South Sudan, Venezuela, Crimea, Donetsk and Luhansk. Thailand, Brazil, Bulgaria, Japan, Jordan, Singapore, Malaysia, Indonesia and the Philippines can trade with restrictions: Instant Funding models only, with a maximum of $50K funded per trader.
• A single trade may not use more than 80% of the available margin, and profits from trades that break that rule are deducted. Trades held under 2 minutes may be classed as tick scalping, with profits on funded accounts subject to removal, and tick scalping, HFT and arbitrage are prohibited.

AquaFunded programs and prices

Program	Accounts and prices	Profit target	Daily loss limit	Max drawdown
Instant Funding Standard	$2.5K: $31 · $5K: $52 · $10K: $79 · $25K: $172 · $50K: $279 · $100K: $505 · $200K: $852 · $300K: $1,412 · $400K: $1,847	None (funded on purchase)	3% (resets 00:00 UTC)	5% of the initial balance
Instant Funding Pro	$2.5K: $33 · $5K: $60 · $10K: $87 · $25K: $185 · $50K: $305 · $100K: $560 · $200K: $905 · $300K: $1,465 · $400K: $1,865	None (funded on purchase)	3% (calculated at 00:00 UTC on balance or equity)	6%
Instant Funding Flex	$5K: $119 · $10K: $225 · $25K: $439 · $50K: $625 · $100K: $999	None (funded on purchase)	2% (calculated at 00:00 UTC on balance or equity)	4%
Try Aqua	$5K: $10	None (funded on purchase)	3% ($150 on the $5,000 account)	5% ($250 on the $5,000 account)
One-Step Standard	$5K: $54 · $10K: $90 · $25K: $182 · $50K: $262 · $100K: $422 · $200K: $814	9% (funded stage: none)	3% (evaluation and funded)	6%
One-Step Flex	$5K: $60 · $10K: $100 · $25K: $191 · $50K: $279 · $100K: $447	10% (funded stage: none)	3% (evaluation and funded)	12% for accounts bought from 31 Aug 2026 (10% before)
Two-Step Standard	$5K: $29 · $10K: $71 · $25K: $111 · $50K: $239 · $100K: $375 · $200K: $758	Step 1 8%, Step 2 5% (funded stage: none)	5% (both steps and funded)	8%
Two-Step Pro	$5K: $20 · $10K: $39 · $25K: $71 · $50K: $143 · $100K: $279 · $200K: $559	Step 1 10%, Step 2 5% (funded stage: none)	5% (both steps and funded)	10%
Two-Step Elite	$5K: $26 · $10K: $50 · $25K: $103 · $50K: $222 · $100K: $366	Step 1 8%, Step 2 5% (funded stage: none)	4% (both steps and funded)	10%
Pay Later ($5 upfront, balance after passing)	$2.5K: $5 · $5K: $5 · $10K: $5 · $25K: $5 · $50K: $5 · $100K: $5 · $200K: $5 · $300K: $5 · $400K: $5	3% (one step; funded stage: none)	Funded: 3%. Evaluation: none per the help article	5% (evaluation and funded)
Crypto Instant Funding	$5K: $99 · $10K: $179 · $25K: $329 · $50K: $599 · $100K: $999	None (funded on purchase)	3%	5%
Crypto One Step	$5K: $69 · $10K: $149 · $25K: $299 · $50K: $499 · $100K: $899	10%	3% (evaluation and funded)	6%

Instant Funding Standard rules

Rule	Instant Funding Standard
Drawdown type	Trailing, set at 00:00 UTC from the higher of balance or equity; never moves down. Floating loss per trade capped at 1% of starting balance: split 50% on strike 1, 25% on strike 2, breach on strike 3
Minimum trading days	5 trading days with at least 0.5% profit each before the first reward
Consistency rule	Highest profitable day must be under 15% of total profit when requesting a reward (no breach)
Contracts / leverage	1:50 forex, 1:10 indices and commodities, 1:2 crypto
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days (first request 14 days after the first trade); on-demand add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: activation fee.

Instant Funding Pro rules

Rule	Instant Funding Pro
Drawdown type	Trailing on highest equity, closed and floating; never moves down. Floating loss per trade of 2% of starting balance (1% on $300K and $400K) closes the account permanently
Minimum trading days	5 trading days with at least 0.5% profit each before the first reward
Consistency rule	Highest profitable day under 20% of total profit for accounts bought from 8 Sep 2026 (temporary), 15% before; no breach
Contracts / leverage	1:50 forex, 1:10 indices and commodities, 1:2 crypto
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days (first request 14 days after the first trade); on-demand add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: activation fee.

Instant Funding Flex rules

Rule	Instant Funding Flex
Drawdown type	Trailing on highest equity, closed and floating; never moves down. Combined floating loss of 1% of the initial balance ($1,000 on $100K) breaches the account permanently
Minimum trading days	7 trading days with at least 0.5% profit each before the first reward
Consistency rule	None
Contracts / leverage	1:50 forex, 1:10 indices and commodities, 1:2 crypto
Profit split	90%
Payout frequency	Every 14 days; minimum $100; payout capped at 5% of the initial balance per reward cycle, excess deducted from the balance

Not clearly published by the firm: activation fee.

Try Aqua rules

Rule	Try Aqua
Drawdown type	Trailing on the highest balance or equity; freezes at its last high and does not move down. Floating loss of 2% of starting balance ($100) breaches and closes the account instantly
Minimum trading days	5 trading days with at least 0.5% profit each before withdrawing
Consistency rule	Biggest winning day at most 15% of total profit
Contracts / leverage	1:50 forex, 1:10 indices and commodities, 1:2 crypto
Profit split	90% (the Try Aqua page also states 'up to 100%')
Payout frequency	Every 14 days from the first trade; total withdrawals capped at $100, then the account closes. Expires 30 days after the first trade; one account per user

Not clearly published by the firm: activation fee.

One-Step Standard rules

Rule	One-Step Standard
Drawdown type	Trailing from the highest balance or equity
Minimum trading days	Evaluation: 3 trading days with at least 0.5% profit each. Funded: 3 qualifying days before the first reward. No time limit
Contracts / leverage	Evaluation 1:100 forex, 1:20 indices and commodities, 1:2 crypto; funded 1:50 / 1:10 / 1:2
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days; 7-day add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: consistency rule, activation fee.

One-Step Flex rules

Rule	One-Step Flex
Drawdown type	Static: floor at the initial balance minus the maximum drawdown, in both stages. Funded floating loss of 1%: split cut to 50%, then 25%, third strike breaches
Minimum trading days	Evaluation: none (the general rules page says 3). Funded: 3 qualifying days (0.5% profit each) before the first reward
Contracts / leverage	Evaluation 1:100 forex, 1:20 indices and commodities, 1:2 crypto; funded 1:50 / 1:10 / 1:2
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days; 7-day add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: consistency rule, activation fee.

Two-Step Standard rules

Rule	Two-Step Standard
Drawdown type	Static: floor at 92% of the initial balance, equity including floating trades
Minimum trading days	3 trading days with at least 0.5% profit each in each step; 3 qualifying days before the first funded reward
Contracts / leverage	Evaluation 1:100 forex, 1:20 indices and commodities, 1:2 crypto; funded 1:50 / 1:10 / 1:2
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days; 7-day add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: consistency rule, activation fee.

Two-Step Pro rules

Rule	Two-Step Pro
Drawdown type	Trailing from the highest balance or equity
Minimum trading days	Steps: none. Funded: 3 qualifying days (0.5% profit each) before the first reward
Consistency rule	Funded: highest profit day under 50% of payout-period profit for accounts bought from 31 Aug 2026 (25% before); none stated for the steps
Contracts / leverage	Evaluation 1:100 forex, 1:20 indices and commodities, 1:2 crypto; funded 1:50 / 1:10 / 1:2
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days; 7-day add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: activation fee.

Two-Step Elite rules

Rule	Two-Step Elite
Drawdown type	Static: floor at 90% of the initial balance, equity including floating trades
Minimum trading days	3 trading days with at least 0.5% profit each in each step; 3 qualifying days before the first funded reward
Contracts / leverage	Evaluation 1:100 forex, 1:20 indices and commodities, 1:2 crypto; funded 1:50 / 1:10 / 1:2
Profit split	90%; 100% with a lifetime add-on bought at checkout
Payout frequency	Every 14 days; 7-day add-on. Minimum $100; first two requests capped at $10,000 each from $100K

Not clearly published by the firm: consistency rule, activation fee.

Pay Later ($5 upfront, balance after passing) rules

Rule	Pay Later ($5 upfront, balance after passing)
Drawdown type	Trailing from the highest balance. Floating loss of 1% of the starting balance closes the account permanently
Minimum trading days	Evaluation: none. Funded: 5 trading days with at least 0.5% profit each
Consistency rule	Funded: highest profitable day under 15% of total profit in a payout period; none to pass
Contracts / leverage	1:50 forex, 1:10 indices and commodities, 1:2 crypto per the help article (the page shows 1:100 for the challenge columns)
Activation fee	The remaining fee is paid after passing
Profit split	90%; 100% with a lifetime add-on (the page says up to 100%)
Payout frequency	Help article: every 14 days, first payout on demand as an add-on (the page shows 'Payout on Demand'). Minimum $100; first two requests capped at $10,000 each from $100K

Crypto Instant Funding rules

Rule	Crypto Instant Funding
Contracts / leverage	Up to 1:5
Profit split	Up to 100%
Payout frequency	Bi-weekly

Not clearly published by the firm: drawdown type, minimum trading days, consistency rule, activation fee.

Crypto One Step rules

Rule	Crypto One Step
Contracts / leverage	Up to 1:5
Profit split	Up to 100%
Payout frequency	Bi-weekly

Not clearly published by the firm: drawdown type, minimum trading days, consistency rule, activation fee.

Trading restrictions and platforms

• News trading: Allowed. Profit from trades opened or closed within 5 minutes of high-impact news is capped at 0.5% of the starting balance per payout cycle (excess removed, no breach). Applies to accounts opened after 27 April 2026
• Weekend holding: Allowed: trades can be held overnight and over the weekend with no restrictions; swap fees apply to positions held overnight
• EAs and bots: EAs allowed as part of your own strategy; trade copiers allowed across your own AquaFunded accounts; tick scalping, HFT and arbitrage are prohibited; no copy trading between different traders
• Platforms: MetaTrader 5, Match Trader, TradeLocker, cTrader
• Instruments: Forex, Indices, Commodities, Crypto

Instant Funding on $100,000: Standard, Pro and Flex compared

Instant accounts are funded on purchase, so the three tiers trade price against room. On $100,000, Standard costs $505.33 with a 5% trailing drawdown ($5,000) and a 3% daily limit; Pro costs $560 with 6% ($6,000) and 3%; Flex costs $999 with 4% ($4,000) and a 2% daily limit.

Standard fixes its floor at 00:00 UTC from the higher of balance or equity at the reset, and the floor never moves down. Pro and Flex trail the highest equity, closed and floating, so the floor rises on every new high.

Consistency separates them too. Standard wants the best profitable day under 15% of total profit at reward time, Pro under 20% for accounts bought from 8 September 2026 (15% before, and a temporary rule per its help article), and Flex has none. With evenly spread profit, 15% takes at least seven profitable days (1/7 = 14.3%) and 20% takes six (1/6 = 16.7%); five equal days sit exactly at 20%.

Standard and Pro ask for 5 profitable days of 0.5%, which is $500 a day on $100,000. Flex asks for 7 and caps each reward cycle at 5% of the initial balance, $5,000 on $100,000. Standard and Pro offer a 100% lifetime-split add-on; Flex pays 90%.

Floating-loss caps per trade and the 00:00 UTC reset

Floating-loss rules differ plan by plan. Standard caps floating loss per trade at 1% of the starting balance ($1,000 on $100,000): the first violation cuts the split to 50%, the second to 25% and the third breaches the account. Pro uses 2% ($2,000) and closes the account permanently, with 1% on the $300,000 and $400,000 sizes. Flex counts all open positions together against 1% of the initial balance. Try Aqua closes at 2% ($100 on $5,000), Pay Later at 1%, and the funded stage of One-Step Flex runs the 50%, 25%, breach ladder, which the firm calls WaveStop.

The daily limit resets at 00:00 UTC. On Pro and Flex it is calculated then from balance or equity; on Standard the same snapshot builds the next day's trailing floor.

Five evaluations priced against a $100,000 target

On $100,000 the evaluations list at $279.20 (Two-Step Pro), $365.60 (Elite), $375.20 (Two-Step Standard), $421.60 (One-Step Standard) and $447.20 (One-Step Flex), with no time limit. Targets: One-Step Standard 9% ($9,000), One-Step Flex 10% ($10,000), Two-Step Standard and Elite 8% then 5% ($13,000 in total), Two-Step Pro 10% then 5% ($15,000).

Drawdown: Two-Step Standard is static at 8%, a $92,000 floor, with 5% daily; Elite is static at 10%, a $90,000 floor, with 4% daily; Two-Step Pro trails 10% with 5% daily; One-Step Standard trails 6% with 3% daily; One-Step Flex is static at 12% from 31 August 2026, an $88,000 floor (10% and $90,000 before), with 3% daily.

Three trading days at 0.5% profit are required by One-Step Standard and, per step, by Two-Step Standard and Elite. Two-Step Pro's steps and the One-Step Flex evaluation list none, though the general rules page says 3 days for One-Step models. All five ask for 3 qualifying days before the first funded reward. Each plan card and article states its own drawdown and daily figures, used here.

Pay Later: $5 now, the balance after passing

Pay Later costs $5 upfront at every size from $2,500 to $400,000, with the remaining fee paid after passing. The policy covers accounts created from 4 August 2026.

The evaluation is one step: a 3% target ($3,000 on $100,000), a 5% trailing drawdown from the highest balance ($5,000) and no minimum days. The article's per-trade policy closes the account permanently when floating loss reaches 1% of the starting balance ($1,000 on $100,000). The help article lists a 3% daily drawdown under the funded stage ($97,000 floor on $100,000).

Funded accounts pay 90% (the page says up to 100%), ask for 5 days at 0.5% ($500 a day on $100,000) and a best day under 15% of profit. The article describes bi-weekly rewards with first payout on demand as an add-on.

Reward cycle, the $10,000 cap and the 3% processing fee

The rewards article opens the first request 14 days after the first trade on the funded account, and each later request 14 days after the first trade following a withdrawal. Add-ons shorten that: 7 days on non-Instant models, on demand on Instant models.

The rewards article lets traders request any amount from $100 upwards; Instant Flex and Try Aqua add their own caps. From $100,000 accounts the first two requests are capped at $10,000 each. A 3% processing fee comes off the requested amount, $300 on $10,000, and the firm guarantees processing within 24 business hours or adds $1,000. Payouts of $500 or more can go through Rise, and crypto payouts are available for amounts under $5,000.

The evaluation fee is refunded at the fourth payout. The scaling page says 12% profit in 3 months adds 25% of the starting balance, $25,000 on $100,000, up to $4,000,000.

Try Aqua's $10 account and the two crypto plans

Try Aqua is a $5,000 funded account for $10. Maximum loss is 5% ($250 on the fresh account) trailing on the highest balance; the article's example is that a balance of $5,250 moves the limit to $4,987.50. The daily limit is 3% ($150) and a 2% floating loss ($100) closes the account. A reward needs 5 days of 0.5% profit ($25 a day), a best day of at most 15% of profit and a request from day 14, and the account expires 30 days after the first trade. Total withdrawals are capped at $100, then the account closes.

The crypto site sells Instant Funding at $99, $179, $329, $599 and $999 for sizes from $5,000 to $100,000 (5% maximum loss, 3% daily) and One Step at $69, $149, $299, $499 and $899 (10% target, 6% maximum loss, 3% daily). Both allow leverage up to 1:5, a split up to 100% and bi-weekly rewards. The crypto site lists price, loss limits, leverage, split and reward cycle.

Verdict

AquaFunded fits a trader who wants to pick the shape of the risk. The Instant tiers set drawdown size, consistency percentage and price against each other, Two-Step Pro starts at $20 for $5,000, and Pay Later asks $5 upfront and the rest of the fee after the pass. The rulebook names the details that shape daily trading: a 00:00 UTC reset, per-trade floating-loss caps, a 0.5% cap on news-window profit and a 14-day reward cycle.

Frequently asked questions

Sources

• pricing
• pricing
• pricing
• pricing
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• rules
• payouts
• payouts
• payouts
• terms
• terms
• faq
• faq

Other forex prop firms we review

Alpha Capital GroupPFKAtmosFundedNo partner codeAudacity CapitalNo partner codeBlue GuardianPFK · 25% offBlueberry FundedNo partner codeBrightFundedPFK · 15% offCity Traders ImperiumPFK · 10% offCryptoFundTraderPLATINUM5Finotive FundingPFKEY · 50% offFor TradersNo partner codeFTMONo partner codeFunded EliteNo partner codeFunded Trader MarketsNo partner codeFunded Trading PlusNo partner codeFundedNextNo partner codeFundedSquadNo partner codeFunderProPFK · 30% offFundingPipsNo partner codeFXIFYPFKGoat Funded TraderNo partner codeInstant FundingNo partner codeMaven TradingNo partner codeOrion FundedNo partner codeRebels FundingNo partner codeThe Trading PitWINThe5ersPFKEYThinkCapitalPFK · 10% offTopOne TraderNo partner codeTrade The PoolNo partner code

Compare all forex prop firms