Frequently Asked Questions
If you have any unanswered questions simply email support@aquafunded.com and we'll aim to reply within 24 hours.
In order to trade a funded account all traders are required to pass our Evaluation process. Simply select your preferred account size and sign-up for the Evaluation. After completing the Evaluation process, you will be offered a funded account.
You can purchase and trade multiple Evaluations at the same time. We allow you to merge funded accounts up to a maximum of 400k. Our scaling plan allows you to grow your account to $2,000,000.
We have unlimited time to complete the evaluation therefore we do not offer retries.
A trader is eligible for a payout 14 days from their first trade on the funded account and then again becomes eligible 14 days after the first trade after withdrawing.
To be eligible for a payout on funded accounts, your account balance must be above initial account balance and no violations recorded. All of the trader’s positions must be flat (no open trades and no open orders) to receive a payout.
The payouts are processed within 1-2 business days. All Funded Traders can request payouts through their dashboard. Withdrawals are made through Riseworks.io which allow you to withdraw to Bank and Crypto.
Minimum funded account withdrawal is $100. Minimum affiliate withdrawal is $100.
Yes, we have a scaling plan. With our scaling plan you can grow your account to a maximum of $2,000,000. In order to scale your capital and grow, you must make 12% within a 3 month period. If you achieve this, we will increase your account size by 25% of your initial balance.
We require you to place at least one trade every 30 days. If this is not done we will consider your account inactive and a breach of your account will occur.
This rule begins from your first trade. You will be notified 5 days before the breach.
Aqua Traders' funded accounts (referred to as "Funded Accounts") should not be considered live trading accounts. These Funded Accounts exist solely in a simulated environment, utilizing real market quotes sourced from liquidity providers.
All accounts provided by AquaFunded are demo accounts with virtual funds.
Restricted countries from using are services include:- Cuba- Iran- North Korea- Syria- Pakistan- Vietnam- Thailand- Kenya- Myanmar
Your Evaluation starts from the moment you place your first trade on your account.
No. We are responsible for the funding and liable for the losses in your trading account. Our traders will not be charged as a result of losing capital.
Yes, you can leave you profits in your account although your drawdown limits will remain based off your initial balance. You can withdraw your profits anytime after your payout day.
The Evaluation fee you paid for the account you completed is fully refundable when you receive your 4th payout. If you fail your evaluation before reaching your first payout it is not refundable.
*Updated 28th April"
We allow up to 400k in Funded Accounts. The balance of the funded accounts must both be at breakeven in order to merge. We allow you to scale up to $2,000,000 with our scaling plan.
If an account violates the rules or trading parameters on the Evaluation the account will become no longer eligible for the funded account. If your account breaches the rules or trading parameters on the funded account your account will be closed, and the Trader Agreement will be terminated.
Please be advised that some violations are not automatically identified and will only be verified by our risk team when an account review is conducted.
The profit split a trader receives is 90%.
You can sign up to become an affiliate once inside the dashboard. Payouts are every 14 days from the first sale. You can request the withdrawal once generated over $30 in commission via the dashboard.
You are not allowed to run google ads to your affiliate link.
Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.
Phase 1: Reach 9% profit target without violating any rules and trading parameters.
We have no restrictions on holding trades over night or the weekend. Weekend crypto trading is allowed.
Max daily loss is based on 3% of the initial account balance. We calculate daily drawdown as follows: Upon the 5 pm EST day change, we will take the higher figure of either the account balance or account equity and subtract a fixed 3% of the initial balance from the higher value as the daily loss limit for the new day.
Example 1: On a 100K Account, if at 5 pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 3% daily drawdown, the equity cannot drop below $99,000 ($102,000 - $3,000 = $99,000) on the next trading day.
Example 2: If on a 100K Account at 5 pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $3,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $97,000 ($100,000 - $3,000 = $97,000).
Example 3: If there are no open trades at 5 pm EST, the daily drawdown will be 3% of whatever the closed balance is.
- Hedging is allowed on the same account
- Martingale is allowed
- Stop Loss is not required
We give traders the opportunity to manage multiple accounts. Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.
What we allow:
- Copy trading between AquaFunded accounts;
- Copy trading from Funded-, to Evaluation accounts and vice versa;
- Copy trading between AquaFunded account and external accounts.
The drawdown for the 1-step evaluation is trailing.
No, we do not have any consistency rule or and hidden rules.
Yes we allow news trading.
For trades executed on your FUNDED ACCOUNT, 5 minutes before and 5 minutes after red folder (high-impact) news events, we ask that you limit your risk exposure to no more than 25% of your account balance (1/4 margin). Profits made during this time with 25%+ margin could be subject to removal but no account violation.
EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style. Trade Copiers are allowed.
No, we do not monitor the amount of lots you place.
Max drawdown will remain at 6% trailing of your Highest Watermark Closing Trade made. If your account reaches 6% of your starting balance your trailing Drawdown will lock in at your starting balance.
Once your Drawdown is locked in at your starting balance we add a fixed 1% buffer on the account. This way you cannot withdraw all the profit and breach your account.
Example 1: You have a 100k account.Your Daily drawdown is a fixed 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max trailing is $94,000. If you make $8,000 profit, once your account has made over 6% of the starting balance your Trailing now locks in at $100,000. It no longer trails. Drawdown includes profits and losses from closed positions, swap fees and commissions.
Example 2: You start out with a 100k account. Your Daily drawdown is 4% and your Max Trailing is 6%. Your Daily drawdown level is $96,000 and your Max Trailing is $94,000. Lets say you make $5,000 profit. This puts your account at $105,000. The next day your Daily drawdown will be $105,000- $4000 = $101,000. Your Max trailing drawdown is $105,000-$6,000 = $99,000. Your new Max trailing drawdown is $99,000 because it trails from your highest recorded balance which was $105,000.
Daily drawdown will reset each Day at 5PM EST. Max Trailing will always be from Highest recorded balance unless you achieve 6% from your starting balance.
Cheating Is Prohibited
Of course, any trading styles that are deemed as "cheating" are not permitted and will result in a violation of our Terms of Service. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent profits only on demo accounts. Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.
Example Strategies That Violate Our Rules
- Use of platform or data freezing due to a Demo Server error.
- Use of a delayed data feed
- Trading on delayed charts
- Tick scalping, high frequency trading, arbitrage bots
– Reverse arbitrage
– Latency arbitrage
– Hedge arbitrage or any emulators are prohibited.
These are the most common strategies that we have seen people use to take advantage of demo accounts, though this list does not represent all possible strategies that would go against our trading rules. If any account is seen to be using unfair strategies or an unrealistic trading style, they will not be eligible to be funded.
Changing of Password
The exact password has to be used which was sent by us via email to access the platform. Changing passwords is not allowed.
Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.
Phase 1: Reach 8% profit target without violating any rules and trading parameters.
Phase 2: Reach 5% profit target without violating any rules and trading parameters.
We have no restrictions on holding trades over night or the weekend. Weekend crypto trading is allowed.
Max daily loss is based on 5% of the Initial account balance.We calculate daily drawdown as follows: Upon the 5pm Est day change, we will take the higher figure of either the account balance or account equity and subtract a fixed 5% of the initial balance from the higher value as the daily loss limit for the new day.
Example 1: On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 5% daily drawdown, the equity cannot drop below $97,000 ($102,000 - $5,000 = $97,000) on the next trading day.
Example 2: If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $5,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $95,000 ($100,000 - $5000 = $95,000).
Example 3: If there are no open trades at 5pm EST, the daily drawdown will be 5% of whatever the closed balance is.
- Hedging is not allowed
- Martingale is allowed
- Stop Loss is not required.
We give traders the opportunity to manage multiple accounts. Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.
What we allow:
- Copy trading between AquaFunded accounts;
- Copy trading from Funded-, to Evaluation accounts and vice versa;
- Copy trading between AquaFunded account and external accounts.
Cheating Is Prohibited
Of course, any trading styles that are deemed as "cheating" are not permitted and will result in a violation of our Terms of Service. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent profits only on demo accounts. Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.
Example Strategies That Violate Our Rules
- Use of platform or data freezing due to a Demo Server error.
- Use of a delayed data feed
- Trading on delayed charts
- Tick scalping, high frequency trading, arbitrage bots
– Reverse arbitrage
– Latency arbitrage
– Hedge arbitrage or any emulators are prohibited.
These are the most common strategies that we have seen people use to take advantage of demo accounts, though this list does not represent all possible strategies that would go against our trading rules. If any account is seen to be using unfair strategies or an unrealistic trading style, they will not be eligible to be funded.
Changing of Password
The exact password has to be used which was sent by us via email to access the platform. Changing passwords is not allowed.
Yes we allow news trading.
For trades executed on your FUNDED ACCOUNT, 5 minutes before and 5 minutes after red folder (high-impact) news events, we ask that you limit your risk exposure to no more than 25% of your account balance (1/4 margin). Profits made during this time with 25%+ margin could be subject to removal but no account violation.
EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style. Trade Copiers are allowed.
No, we do not monitor the amount of lots you place.
The Maximum Total Loss is the overall amount a trader can lose on their account.
The maximum total loss allowed in your account is 8%. Example using a $100,000 account: Max total loss is 8% of your initial balance = $8,000. Your account equity including unrealized/floating positions must not hit/exceed below $92,000.
Drawdown for 2-phase evaluations is static.
No, we do not have any consistency rule or and hidden rules.
Evaluation
- Forex: 1:100
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2
Funded
- Forex: 1:500
- Indices : 1:10
- Commodities : 1:10
- Crypto : 1:2
AquaFunded uses an exclusive partnered broker.
We allow platform changes for evaluation accounts with clear trading history. Ongoing evaluation accounts first have to pass the trading objectives and a new trading platform can be requested for the next phase.
Changing the platform is not possible if trades are placed on the account. Request a platform change with the account number through support@aquafunded.com.
All of our accounts are ECN spreads.
Commissions:
Fx: $5 per lot
Commodities: $5 per lot
Indicies: $5
Crypto: $0
The max daily limit resets at 5pm EST.
AquaFunded offers DxTrade, cTrader & Tradelocker.
cTrader is restricted for US customers, any US customers found purchasing will be forced to change to a different platform. Please contact support.
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