AquaFunded processes your payout orders in 48 hours, or you’ll get a 100% profit split. The Prop firm was founded in 2023 by Jason Blax, Franco Crean, and Sean Bainton.
What features have gained over 10,000 clients for AquaFunded Prop firm? We’ll explore the company’s information, Pros & Cons, challenges, promotions, and many more in this AquaFunded review.
AquaFunded Prop firm (Introduction + Features)
The company aims to empower traders and foster sustainable success. Since its launch in 2023, The UAE-based Prop firm has quickly gained a reputation for its trader-friendly policies and innovative approach. Key features that make AquaFunded stand out include:
- 90% Profit Split: The firm offers a generous 90% profit split, allowing traders to keep the bigger share of their hard-earned profits;
- Fast Bi-Weekly Payouts: payouts are available just 14 days after the first trade;
- Competitive Profit Targets: The profit goal ranges from 5-10%;
- No Hidden Rules: The firm prides itself on transparency, with no restrictive rules hampering traders' strategies.
- 100% Refundable Fees: The one-time challenge fees are fully refundable;
- Scalable Capital: High-performing traders can see their accounts scaled up to $2 million in trading capital;
- Global Reach: Based in Dubai, the firm leverages its location to provide worldwide access to deep liquidity markets.
With challenge options ranging from $5,000 to $200,000, AquaFunded caters to traders at various stages of their journey and provides a clear path to becoming a funded trader.
AquaFunded Specifications Summary
The Company’s features reflect its commitment to providing traders with a robust and flexible trading environment. The firm's use of reputable brokers and the popular MT5 platform ensures traders have access to reliable tools and deep liquidity. The generous profit split and frequent payouts are attractive features that set AquaFunded prop apart in the competitive prop firm landscape.
Account currency | N/A |
Minimum price | $42 |
Maximum leverage | Up to 1:100 |
Maximum profit split | Up to 90% |
Instruments | Forex, Commodities, Indices, Crypto |
Assets | Unspecified |
Evaluation steps | 1-phase, 2-phase, 3-phase |
Withdrawal methods | Bank transfer and crypto via Rise |
Maximum fund size | Up to $2M |
First profit target | From 6% |
Max. daily loss | Up to 5% |
Challenge time limit | None |
News trading | Prohibited in a 10-minute time frame during news releases (only on AquaTrader account) |
Maximum total drawdown | Up to 10% |
Trading platforms | MT5, Match Trader, TradeLocker |
Commission | $5 per lot for Forex and Commodities |
TrustPilot score | 4.4 out of 5 |
Payout frequency | Bi-Weekly |
Established country | UAE |
Established year | 2023 |
AquaFunded Pros & Cons
When considering any proprietary trading firm, weighing the advantages and disadvantages is crucial. Flexible evaluation process, high leverage options, and the ability to trade on various markets are some of the firm’s key advantages. Here's a balanced look at AquaFunded pros & cons.
Pros | Cons |
Exceptional 90% profit split | Relatively new firm (established in 2023) |
Flexible challenges (1-step, 2-step, and 3-step) | Strict drawdown limits (6-10% total loss) |
Generous leverage ratios (up to 1:100 for forex) | News trading restrictions on funded accounts |
A diverse range of trading instruments | Reports of higher slippage compared to some competitors |
Bi-weekly payouts for quick access to profits | Reports of delays in receiving credentials after evaluation |
AquaFunded Funding & Price
The next step in the AquaFunded review is Funding. The firm has designed its funding structure to be accessible and scalable, catering to traders with various experience and capital levels. Here's a breakdown of their funding options and associated pricing.
Account size | 1 Step | 2 Step | 2 Step Pro | 3 Step |
$5K | $39 | $39 | - | - |
$10K | $67 | $67 | $98 | $46 |
$25K | $137 | $137 | $196 | $102 |
$50K | $207 | $207 | $280 | $158 |
$100K | $347 | $347 | $434 | $256 |
$200k | $697 | $697 | $840 | $466 |
It's worth noting that the company’s pricing is competitive within the prop firm industry, especially considering the high profit split and refundable fee structure. The firm's focus on risk management through daily and total drawdown limits ensures that the trader's and AquaFunded's interests are protected.
Remember, while the initial investment may seem small compared to the potential funding, success in the challenges requires skill, discipline, and adherence to the firm's trading rules.
AquaFunded Account Opening & Verification
Opening an account with the Prop firm and going through the verification process is designed to be straightforward yet thorough. Here's a step-by-step guide to the AquaFunded prop sign-up process.
- Choose your preferred challenge on the website’s home page;
- On the new page, check the details of the plan and click on “Get Started”;
- Fill out the registration form containing information such as full name, country, address, town, postcode, phone number, and email address;
- Check the “Terms and Conditions” box;
- Click on the “Place order”;
- Pay the price;
- Look for account credentials in your email inbox.
Upon purchasing a challenge, you can start the evaluation phase right away. After passing the challenge, you’ll get a real funded account. But before that you need to complete the KYC. Use these steps provided in AquaFunded review to complete verification process.
- Navigate to the “KYC Verification” in the firm’s dashboard;
- Choose the type of identification;
- Upload a vivid picture of your ID;
- Wait for the confirmation email in your inbox.
Remember, the verification process is crucial for maintaining the program's integrity and ensuring compliance with financial regulations. Be prepared to provide accurate information and respond promptly to any additional verification requests from the firm.
AquaFunded Evaluation Steps
The evaluation process at the company, known as "The Wave" and "The Ripple", is designed to identify skilled traders who can consistently generate profits while managing risk effectively. Here's a breakdown of the AquaFunded evaluation steps.
Features | 1 Step | 2 Step | 2 Step Pro | 3 Step |
Trading Period | Unlimited | Unlimited | Unlimited | Unlimited |
Profit Target | 9% | 8% - 5% | 10% - 5% | 6% - 6% - 6% |
Maximum Daily Loss | 3% - 3% | 5% - 5% - 5% | 5% - 5% - 5% | 4% - 4% - 4% - 4% |
Maximum Loss | 6% - 6% | 8% - 8% - 8% | 10% - 10% - 10% | 8% - 8% - 8% - 8% |
Leverage | 1:100 | 1:100 | 1:50 | 1:100 |
Payouts | Bi-Weekly | Bi-Weekly | Bi-Weekly | Bi-Weekly |
Profit Split | 90% | 90% | 90% | 90% |
Remember, the evaluation process is about hitting profit targets and demonstrating responsible trading practices that align with the firm’s risk management philosophy.
Bonus and Promotions in AquaFunded
Bonuses are the incentives that the company uses to attract new customers and reward existing ones for their loyalty. AquaFunded offers two main promotion plans, including:
- Discount code: seasonal discounts used to promote specific challenges. The firm currently offers a 30% discount on all products with the “summer30” code;
- Affiliate program: you can earn up to 15% commission on all traders you recommend.
To get the latest updates on bonuses and promotion plans, following the firm on social media and checking its website is essential.
AquaFunded Trading Platforms
The Prop firm has embraced technological innovation to provide traders with a robust and versatile trading environment. Here's a rundown of trading platforms that are worth mentioning in the AquaFunded review.
- MetaTrader 5 (MT5): The most popular platform on the firm, known for its advanced charting, automated trading capabilities, and wide range of technical indicators;
- Match Trader: Multi-device trading solutions with robust features, including economic calendar, 24/7 support, data feed, and many more;
- TradeLocker: Integrated with TradingView, the platform offers real-time market data, risk calculator, trailing stop loss, on-chart trading, and more.
The firm’s commitment to offering multiple platforms reflects its understanding of diverse trader needs and preferences. Remember, while having access to advanced platforms is beneficial, it is crucial to choose the one that best suits your trading style and expertise level. The firm’s support team can assist you in selecting the most appropriate platform for your needs.
Asset Classes and Symbols Available on AquaFunded
The Prop firm offers various asset classes and symbols, catering to various trading strategies and preferences. You can trade CFDs on Forex, Indices, Commodities, and Crypto with AquaFunded prop. However, each of these instruments comes with a specific leverage limit.
Trading Instrument | Max Leverage |
Forex | 1:100 |
Indices | 1:20 |
Commodities | 1:20 |
Crypto | 1:2 |
The firm’s extensive offerings allow traders to explore various markets and potentially capitalize on different economic conditions and market movements. However, it's important to note that trading different asset classes requires specific knowledge and strategies. Traders should familiarize themselves with the characteristics and risks associated with each asset type before incorporating them into their trading plan.
AquaFunded Payment Methods
Understanding the available payment methods and the restrictions that come with each one is crucial when choosing a Prop firm. AquaFunded aims to provide a smooth and efficient payment process for its traders.
Payout Partner | Riseworks.io |
Withdrawal Options | Fiat and Crypto |
Payout Frequency | Bi-Weekly |
Min Withdrawal | $100 |
Processing Time | 1-2 Business Days |
Traders should note that withdrawal methods and terms may be subject to change. It's always advisable to check the most current information on the firm’s official website or contact customer support for specific details regarding payment methods in your region.
Commission and Trading Fees on AquaFunded
The Prop firm has structured its commission and fee system to be competitive and transparent. AquaFunded offers only ECN spread accounts with fixed commissions.
Trading Instrument | Commission (per lot) |
Forex | $5 |
Indices | $0 |
Commodities | $5 |
Crypto | $0 |
The Prop firm has partnered with Purple Trading broker, and its commission structure follows that of the partner. Purple Trading offers spreads from 0.3 pips on ECN accounts.
It's worth noting that while the firm’s fee structure is relatively straightforward, the actual trading costs can vary depending on your trading style, frequency, and the specific instruments you trade. The absence of commissions on indices and cryptocurrencies could be particularly attractive for traders focusing on these markets.
AquaFunded Educational Resources
The firm recognizes the importance of trader education and provides various educational contents to support novice and experienced traders. AquaFunded blog and media offer videos and articles on whatever traders need to know. However, it’s worth mentioning that the firm isn’t much active as it should be and there are only an article and one video for you to use.
While the company’s educational offerings may not be as extensive as those of some more established prop firms, they provide a solid foundation for traders to build upon. The company’s commitment to trader education aligns with its goal of fostering long-term trading success.
AquaFunded Trust Scores
Trust and reliability are paramount in prop trading, where traders entrust their skills and potential earnings to a firm. While the company is a relatively new entrant in the prop trading space, early indicators suggest a positive reputation among traders. Here's an overview of the trust factors that we must check in the AquaFunded review.
- Regulatory Compliance: The firm partners with Purple Trading, a regulated broker, which adds credibility and security to its operations;
- TrustPilot score: There are over 500 client reviews which gained the Prop firm an astonishing score of 4.4 out of 5.
The company doesn’t have a profile in other famous websites like Forex Peace Army. this maybe concerning for some traders.
Traders are encouraged to conduct their due diligence, perhaps starting with small accounts and gradually increasing their involvement as they gain more experience with the firm. As the company continues to operate and grow, more comprehensive trust scores and third-party reviews will likely become available, providing a clearer picture of the firm's reliability and standing in the prop trading community.
AquaFunded Customer Services
Customer service is a crucial aspect of any trading company, as it can significantly impact a trader's experience and success. AquaFunded, being a relatively new entrant in the market, hasn’t placed a strong emphasis on support. It only offers two main contact channels, including:
- “Contact Us” form: Use it to send a ticket and expect to receive an answer within 24 hours;
- Live chat: Available only at certain hours of the day.
Remember, in the fast-paced world of trading, timely and accurate support can significantly improve a trader's performance and overall satisfaction with a prop firm. As the company continues to establish itself in the market, its commitment to excellent customer service will likely play a crucial role in building long-term relationships with traders.
AquaFunded Accounts on Social Media
In today's digital age, a strong social media presence is crucial for businesses to engage with their audience and build trust. The Prop firm, recognizing this importance, has established a presence on various social media platforms. Here's an overview of AquaFunded's social media profiles.
- Instagram: https://www.instagram.com/aquafunded/
- Discord: https://discord.gg/aquafunded
- X: https://twitter.com/AquaFunded
- Telegram: https://t.me/aquafundedofficial
- Youtube: https://www.youtube.com/@AquaFunded
The firm has over 800 subscribers in its Discord community and well over 25K followers on X. the company posts regularly and maintain an active presence in each of these platforms.
Expert suggestions
AquaFunded reimburses traders for the initial challenge fee that they have paid. In addition, the company pays its affiliates up to 15% commission (for +50 referrals) for their recommendations on the 1st and 15th of each month. Upon passing AquaFunded Prop firm challenges, you’ll become an Aqua Trader and receive up to $400,000 in trading funds. Share your questions about the AquaFunded review in the comments.
