AquaFunded Review (20% Discount Code: FOREXPROPREVIEWS)
4.3

AquaFunded Review (20% Discount Code: FOREXPROPREVIEWS)

Aqua Funded is dedicated to empowering traders to navigate the complexities of the financial markets and attain lasting success. Acknowledging the distinct potential within each trader, their mission is to unlock and magnify that potential through the provision of a technologically advanced trading platform.
Home » AquaFunded Review (20% Discount Code: FOREXPROPREVIEWS)
Pros
  • Excellent Trustpilot rating of 4.8/5
  • Two Unique Funding Programs
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
  • Leverage up to 1:100
  • No Minimum & Maximum Trading Day Requirements
  • Scaling Plan
  • First Payout After 14 Days
  • Bi-weekly Payouts
  • Profit Share of 90%
  • 100% Refundable Fee
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
Cons
  • Relatively New Prop Firm
  • Two-phase Evaluation has Equity-based Drawdown
  • Initial Maximum Drawdown of 8% on Two-phase Evaluation
  • Trailing Drawdown on One-phase Evaluation

AquaFunded is dedicated to enabling traders to navigate the financial markets successfully and attain lasting success by providing a cutting-edge technological platform. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive 90% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are AquaFunded?

AquaFunded is a proprietary trading firm with the legal name AQUA FUNDED FZCO that was incorporated on the 9th of October, 2023. They are located in Dubai, United Arab Emirates, and are being managed by CEO Jason Blax. AquaFunded provides traders with the opportunity to choose between two account types, a two-step evaluation and a one-step evaluation while being partnered with ThinkMarkets as their broker.

AquaFunded’s headquarters are located at Premesis Number 001 – 35882, IFZA Business Park, DDP, Dubai, United Arab Emirates.

Who is the CEO of AquaFunded?

Jason Blax is the CEO of AquaFunded. Note that we will be adding more information about their CEO in the future. Stay tuned!

Video Review

Funding Program Options

AquaFunded provides its traders with two unique funding program options:

  • Two-phase Evaluation
  • One-phase Evaluation

Two-phase Evaluation

AquaFunded’s Two-phase Evaluation provides traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Two-phase Evaluation allows you to trade with up to 1:100 leverage.

Account SizePrice
$10,000$77
$25,000$197
$50,000$297
$100,000$497
$200,000$977

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 8% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 90% based on the profit you make on your funded account.

Two-phase Evaluation Scaling Plan

The Two-phase Evaluation also has a scaling plan. If a trader is profitable in the last three months with either an average return of 12% over the three-month period or a 4% return each month during the three-month period, then you will become eligible for an account size increase equal to 30% of the initial account size.

Example:

After 3 Months: A qualified $100,000 account increases to $130,000.

After the Next 3 Months: A qualified $130,000 account increases to $160,000.

After the Next 3 Months: A qualified $160,000 account increases to $190,000.

And so on…

Two-phase Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.

One-phase Evaluation

AquaFunded’s One-phase Evaluation provides traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The One-phase Evaluation allows you to trade with up to 1:100 leverage.

Account SizePrice
$10,000$77
$25,000$217
$50,000$317
$100,000$517
$200,000$997

The evaluation phase requires a trader to reach a profit target of 9% while not surpassing their 3% maximum daily loss or 6% maximum trailing loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to funded status, you are only required to reach the 9% profit target without breaching the maximum daily or maximum loss limit rules.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 3% maximum daily loss and 6% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 90% based on the profit you make on your funded account.

One-phase Evaluation Scaling Plan

The Two-phase Evaluation also has a scaling plan. If a trader is profitable in the last three months with either an average return of 12% over the three-month period or a 4% return each month during the three-month period, then you will become eligible for an account size increase equal to 30% of the initial account size.

Example:

After 3 Months: A qualified $100,000 account increases to $130,000.

After the Next 3 Months: A qualified $130,000 account increases to $160,000.

After the Next 3 Months: A qualified $160,000 account increases to $190,000.

And so on…

One-phase Evaluation Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 9%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3%.
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%.

What Makes AquaFunded Different From Other Prop Firms?

AquaFunded differs from most industry-leading prop firms due to offering two unique account types: a two-step evaluation and a one-step evaluation. In addition, they also provide numerous favorable features, such as unlimited trading periods, no minimum trading day requirements, a first withdrawal after only 14 calendar days, and a high 90% starting profit split.

AquaFunded’s Two-phase Evaluation is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 4% in phase two, with a 5% maximum daily and 8% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The Two-phase Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-phase Evaluation stands out mainly for having an unlimited trading period, no minimum trading day requirements, a first withdrawal after only 14 calendar days, and a high 90% starting profit split.

Example of comparison between AquaFunded & Funding Pips

Trading ObjectivesAquaFundedFunding Pips
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss5%5% (Scaleable up to 7%)
Maximum Loss8%10% (Scaleable up to 14%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split90%80% up to 90%

Example of comparison between AquaFunded & Finotive Funding

Trading ObjectivesAquaFundedFinotive Funding
Phase 1 Profit Target8%7.5%
Phase 2 Profit Target4%5%
Maximum Daily Loss5%5%
Maximum Loss8%10%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split90%75% up to 95%

Example of comparison between AquaFunded & Alpha Capital Group

Trading ObjectivesAquaFundedAlpha Capital Group
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss5%5%
Maximum Loss8%10%
Minimum Trading DaysNo Minimum Trading Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split90%80%

AquaFunded’s One-phase Evaluation is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 9%, with a 3% maximum daily and 6% maximum trailing loss rules. You also have no minimum or maximum trading day requirements during all three evaluation phases. The One-phase Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the One-phase Evaluation stands out mainly for having an unlimited trading period, no minimum trading day requirements, a first withdrawal after only 14 calendar days, and a high 90% starting profit split.

Example of comparison between AquaFunded & MyFundedFX

Trading ObjectivesAquaFundedMyFundedFX
Profit Target9%10%
Maximum Daily Loss3%4% (Scaleable up to 6%)
Maximum Loss6% (Trailing)6% (Trailing) (Scaleable up to 12%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split90%80% up to 92.75%

Example of comparison between AquaFunded & Goat Funded Trader

Trading ObjectivesAquaFundedGoat Funded Trader
Profit Target9%10%
Maximum Daily Loss3%4%
Maximum Loss6% (Trailing)6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split90%75% up to 95%

Example of comparison between AquaFunded & Blue Guardian

Trading ObjectivesAquaFundedBlue Guardian
Profit Target9%10%
Maximum Daily Loss3%4%
Maximum Loss6% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split90%85%

In conclusion, AquaFunded differs from other industry-leading prop firms by offering two unique account types: a two-step evaluation and a one-step evaluation. In addition, they also provide numerous favorable features, such as unlimited trading periods, no minimum trading day requirements, a first withdrawal after only 14 calendar days, and a high 90% starting profit split.

Is Getting AquaFunded Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Two-phase Evaluation is realistic primarily due to its relatively modest profit targets (8% in phase one and 4% in phase two) coupled with slightly below-average maximum loss rules (5% maximum daily and 8% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 90%.
  • Receiving capital from the One-phase Evaluation is realistic primarily due to its average profit target of 9% coupled with average maximum loss rules (3% maximum daily and 6% maximum trailing loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 90%.

After considering all the factors, AquaFunded is highly recommended since you have two unique funding programs to choose from, a two-step evaluation and a one-step evaluation, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

AquaFunded is a proprietary trading firm that was incorporated on the 9th of October, 2023. They have built a large community of traders who have already started working with them before launching. This can be seen since their launch was one of the most hyped ones within the entire industry. AquaFunded managed to surpass a milestone of over 50 funded traders within the first week of going live.

While working with AquaFunded and reaching funded status with the Two-phase Evaluation or the One-phase Evaluation, you will be eligible to receive your first payout after 14 calendar days. Additionally, after your first payout, you will also be eligible to receive payouts if you exceed your initial account size every 14 calendar days. Your profit split will consist of a generous 90% based on the profit that you have generated on your funded account.

As previously mentioned, since AquaFunded just recently launched, we are still waiting for their first traders to qualify to receive a payment from the company.

Which Broker Does AquaFunded Use?

AquaFunded is partnered with ThinkMarkets as their broker.

ThinkMarkets is a premium multi-asset online brokerage with headquarters located in London and Melbourne. They provide quick and easy access to a wide range of markets while delivering some of the most recognized trading solutions: MetaTrader 4, MetaTrader 5, and their in-house developed ThinkTrader platform.

As for trading platforms, while you are working with AquaFunded, they allow you to trade on MetaTrader 4 or MetaTrader 5.

Trading Instruments

As mentioned above, AquaFunded is partnered with ThinkMarkets, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/SGDAUD/USD
AUD/ZARCAD/CHFCAD/JPYCHF/HUFCHF/JPYCHF/ZAR
EUR/AUDEUR/CADEUR/CHFEUR/CZKEUR/GBPEUR/HUF
EUR/JPYEUR/MXNEUR/NOKEUR/NZDEUR/PLNEUR/RUB
EUR/SEKEUR/SGDEUR/USDEUR/ZARGBP/AUDGBP/CAD
GBP/CHFGBP/JPYGBP/NZDGBP/SGDGBP/USDGBP/ZAR
NOK/SEKNZD/CADNZD/CHFNZD/JPYNZD/SEKNZD/SGD
NZD/USDSGD/JPYUSD/CADUSD/CHFUSD/CZKUSD/HKD
USD/HUFUSD/ILSUSD/JPYUSD/MXNUSD/NOKUSD/PLN
USD/RUBUSD/SEKUSD/SGDUSD/ZARZAR/JPY

Commodities

XAG/USDXAU/USDXPD/USDXPT/USD
BRENTCLNGAS

Indices

ASXDAXDOWFTSEHK50
NIKKEINSDQSPSTOXX50

Cryptocurrencies

BCH/USDBTC/USDETH/USDLTC/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 5 USD / LOT
COMMODITIES 5 USD / LOT
INDICES 0 USD / LOT
CRYPTO 0 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 4ThinkMarkets-Demo 490200134mq1zlnYClick here
MetaTrader 5ThinkMarkets-DemoClick here

Education

AquaFunded doesn’t provide any additional educational content to their community.

However, AquaFunded grants all clients entry to a meticulously designed trader dashboard. This feature enhances risk management by providing constant access to comprehensive statistics and objectives. With real-time updates every minute, it significantly improves the overall user experience.

AquaFunded Trading Dashboard

Trustpilot Feedback

AquaFunded has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, AquaFunded has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.8 out of 5 from a substantial pool of 443 reviews. Notably, 91% of these reviews have awarded AquaFunded the highest rating of 5 stars.

AquaFunded is praised for having top-notch customer support, with prompt and polite responses to inquiries. The member of their community highlights the attractive 90% profit split offered by AquaFunded, expressing anticipation and positivity about the experience with the firm.

Despite AquaFunded being recently launched, the client commends its top-notch support system, citing an active chat thread and timely resolution of tickets. They express gratitude to the support member for assistance and reveal they have embarked on a $50,000 evaluation, expressing hope for success until funded, which they will update.

Social Media Statistics

AquaFunded can also be found on numerous social media platforms.

Instagram7,097 Followers
Twitter15,700 Followers
Discord8,456 Members

Customer Support

Live Chat
Email[email protected]
Phone
DiscordDiscord Link
Telegram
FAQFAQ Link
Help Center
WhatsApp
Messenger
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with AquaFunded by filling out the registration form and logging into the trading dashboard.
  • Choose Your Account – Choose your account type, account size, and trading platform.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 20% discount on all AquaFunded account types.
  • Choose Your Payment Method – Choose between a credit/debit card and cryptocurrency payment method after you have successfully applied our discount code.
  • Receive Login Credentials – Log into your trading dashboard, where you can access your login credentials for your newly purchased trading account.

Conclusion

In conclusion, AquaFunded is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the Two-phase Evaluation, which is a two-step evaluation, and the One-phase Evaluation, which is a one-step evaluation.

AquaFunded’s Two-phase Evaluation is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 90% profit splits. Traders must reach profit targets of 8% in phase one and 4% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Two-phase Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

On the other hand, AquaFunded’s One-phase Evaluation is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 90% profit splits. Traders must reach a profit target of 9% to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 6% maximum trailing loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during the evaluation phase, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the One-phase Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend AquaFunded to individuals seeking a reputable proprietary trading firm that provides favorable trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as unlimited trading periods, no minimum trading day requirements, a first withdrawal after only 14 calendar days, and a high 90% starting profit split. After considering everything AquaFunded offers to traders worldwide, they are indeed a desirable choice within the prop trading industry.

Our detailed review of AquaFunded was last updated on 16.02.2024 at 09:50 (CE(S)T).

What are your individual opinions on AquaFunded and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed AquaFunded review by commenting below!

AquaFunded Review (20% Discount Code: FOREXPROPREVIEWS) Details

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4.0
Fees
4.0
Trading Platforms
5.0
Deposit and withdrawal
4.0
Customer Support
4.3 Overall Rating

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