AquaFunded Technical Infrastructure
AquaFunded, based in the United Arab Emirates and established in December 2023, is a CFD proprietary trading firm offering Instant, 1-Step, and 2-Step evaluation programs. The firm names its challenge tiers after marine life: Fish ($10,000), Ray ($25,000), Dolphin ($50,000), Shark ($100,000), and Whale ($200,000). A coupon code (VALENTINE) delivers 45% off across all programs. The firm introduced AquaFunded 5.0 in October 2024, reflecting continued platform development since launch.
The 1-Step Challenge covers five account sizes: Fish at $56.50 (original $113.00), Ray at $113.50 (original $227.00), Dolphin at $163.50 (original $327.00), Shark at $263.50 (original $527.00), and Whale at $508.50 (original $1,017.00). The 2-Step Challenge is priced lower across all sizes: Fish at $44.50 (original $89.00), Ray at $69.50 (original $139.00), Dolphin at $149.50 (original $299.00), Shark at $234.50 (original $469.00), and Whale at $473.50 (original $947.00). Payments are accepted via Apple Pay, Credit/Debit Card, Crypto, and Korapay.
Four platforms are supported: cTrader, Match Trader, MT5, and TradeLocker. Tradable instruments include FX, Metals, Indices, Crypto, and Other Commodities. Leverage for FX is 1:50 on Instant and 1:100 on 1-Step, 2-Step, and 3-Step accounts. Metals and Indices are capped at 1:10 on Instant and 1:20 on multi-step programs. Crypto is set to 1:2 across all program types. News trading is permitted during evaluations but is restricted to a 5-minute window before and after high-impact news events on funded accounts.
Payouts are processed on a 14-day cycle for all listed programs with a minimum withdrawal of $100. For accounts of $200,000 or more, the first two payout rewards are capped at $10,000 each. Consistency rules vary by program type: 40% for standard Instant accounts (15% for Instant Pro), 25% for 1-Step and 2-Step Pro, and 15% for Aquaman accounts. Payout methods are Crypto and Riseworks. Copy trading is permitted for personal accounts only, with an additional cross-firm capability available via the PropFirm One partnership.
AquaFunded operates a Wave Stop mechanism on funded accounts that automatically closes all open positions if floating losses reach 2% of the account balance; this is a soft breach allowing continued trading. On Instant and Aquaman accounts, floating PnL cannot exceed -2% of the balance at any time (or -1% for accounts above $300,000), with a breach resulting in permanent account closure. All-or-nothing trading practices and excessive risk concentration on a single trade are prohibited. All accounts are deactivated after 30 consecutive days of inactivity and cannot be restored.
What we love
- Industry's easiest drawdown rules
- High legacy trust (Millions paid)
- Trade multiple accounts simultaneously
Considerations
- Trailing drawdown is always active
- Dashboard can feel a bit technical
The Verdict
"If you're looking for the absolute best balance between speed, capital, and cost, the AquaFunded 45% deal is an unbeatable entry point."