AquaFunded review 2026

The general Forex Rules page sets these limits for CFD accounts. The daily drawdown is 4% of the previous day’s highest balance or equity, recalculated at 00:00 UTC, and counts closed and open losses together. The page says this daily drawdown does not apply to the Instant Standard account. The maximum drawdown is 8% of the initial balance and is fixed: on a $100,000 account, equity including floating losses must stay above $92,000. Only closed profit counts towards a profit target, and all positions must be closed before moving to the next phase. Once you have placed your first trade, an account with no trade in any 30-day period is marked inactive and breached. As noted above, the model selector shows different loss limits and leverage for some models, so these general figures may not match every account.

These are the Forex Rules page figures. Several One-, Two- and Three-Step cards in the Forex Funded Account model selector show “1:100 Max” leverage for the funded stage, so check the leverage for your exact model.

Spreads are floating and may widen in volatile or illiquid conditions. Swap fees apply to positions held overnight. The CFD help centre also lists articles titled “Wave Stop”, “Maximum Loss Per Trade Policy”, “Consistency Rule” and “Is there a max lot limit?”. We did not save the text of those articles, so check them before buying.

The Forex Rules page allows Expert Advisors that are customised to your own strategy. Trade copiers are allowed for managing your own accounts, as long as all trading follows the risk rules. Holding trades overnight and over the weekend is allowed. Scalping, day trading and swing trading are supported. Hedging is allowed within one account but not across accounts.

News trading: News trading is allowed on all accounts, but profit from trades opened or closed within 5 minutes before or after high-impact “red folder” news, including FOMC statements, is capped at 0.5% of the starting balance per payout cycle. Profit above the cap is removed from the payout, but the account is not breached.

Not allowed (Forex Rules page):

• Tick scalping, high-frequency trading and arbitrage, including reverse, latency and hedge arbitrage
• Exploiting platform freezes, demo server errors or delayed data feeds or charts
• Copy trading between other traders’ accounts, shared devices used to mirror trades, or coordinated trading
• Any account not traded independently by its holder

Also banned in the Terms and Conditions:

• Using any third-party or off-the-shelf strategy, or one marketed to pass challenge accounts
• Using one strategy to pass an assessment and a different one in a funded account
• Entering an equity CFD at or near the end of the trading day to profit from the gap to the next session
• Using non-public or insider information, or front-running trades placed elsewhere
• “Boom or bust” trading, where an account’s success depends on one trade or a series of trades around a major news event

The Terms say prohibited trading leads to termination and may include forfeiture of fees paid. They also limit traders to one active account per challenge level unless the firm approves otherwise in writing. The homepage account selector, however, offers pricing for buying a second to fifth account. If you plan to hold several accounts at the same level, confirm the limit with the firm first.

The help centre says traders receive a 90% profit split as standard; on a $5,000 profit the trader receives $4,500. A 100% split is available as an add-on at checkout. The homepage lists other checkout add-ons: Rewards On Demand, Rewards in 7 Days, Lifetime Profit Split 100% and Swap Free. The add-on prices were not visible in our saved pages.

The Forex Funded Account page says the first withdrawal can be requested within 7 days, that accounts funded through an evaluation can then withdraw bi-weekly, and that Instant Funding accounts are paid on demand. Other pages differ: the homepage lists “Rewards On Demand” and “Rewards in 7 Days” as checkout add-ons, the Rewards page shows bi-weekly rewards as standard and “First reward on demand” as an upgrade, and the CFD card displayed by default on the homepage shows a bi-weekly rewards cycle, 5 minimum trading days and a 20% consistency rule. Check the payout schedule for your exact model at checkout. Rewards are paid through Rise (bank transfer, crypto and local payment methods) or in USDC and other stablecoins. The firm advertises a reward guarantee: “Get paid in 24 hours or we pay you an extra $1000”. The help centre has an article titled “Do you have a Reward Guarantee?”, which we did not save, so we cannot set out its conditions.

Fee refunds: Product pages describe the fee as “One-time fee • 100% refundable”. The Refund Policy is more specific: the evaluation fee is refunded only after you pass, sign a written agreement for the funded stage and receive your fourth successful profit split payment. It also says no refunds are given once evaluation credentials have been emailed. We have used the Refund Policy, as it is the more specific document.

Scaling plan

The Trader Plan page says that if you make 12% profit within a 3-month period, the account is increased by 25% of its starting balance, for example from $100,000 to $125,000. The firm says this can be repeated until the account reaches $4,000,000.

Alongside scaling, the firm runs an “Aqua Elite” programme with Bronze, Silver and Gold tiers. To qualify for Aqua Elite, the page lists 3 months of profitable funded trading, no failed funded accounts in the last 3 months, at least 3 successful payouts from one funded account and at least $20,000 withdrawn in total. The page also lists a stricter set of requirements (9 months of profitable funded trading, no failed funded accounts in the last 9 months, at least 9 payouts from one account, at least $75,000 withdrawn and zero violations) between the Silver and Gold descriptions, without a clear label for which tier it applies to.

We could not see from the page how the Silver and Gold “max allocation” figures relate to the $4,000,000 scaling figure.

Futures evaluations are sold under the AquaFutures name, with their own help centre. AquaFutures does not support stocks, options, forex or cryptocurrency; its instrument list covers contracts on CME, COMEX, CBOT and NYMEX, and the article says COMEX (metals) is enabled by support on request. The help centre gives AquaFutures trading hours of 5:00 PM to 3:10 PM CT. The futures page offers Flex, Daily, Instant and Standard models. The help-centre introduction says evaluation accounts can be paid up to weekly and Instant accounts on demand. The futures page offers 50K, 100K and 150K account sizes.

Flex model as shown on the futures page (size of the displayed account not marked)

The page describes Flex as having “no path to live”, with three rewards per account after which the account closes. The same panel lists “Funded accounts: One at a time” while the description says “unlimited accounts available”. The futures page also says both “Funded up to $400k” and “Funded up to $450k”. The futures help centre has rule articles for the Standard, Daily, Instant and Flex models and a “Prohibited Trading Strategies” article, which we did not save.

For CFD accounts the help centre lists MatchTrader, TradeLocker, MetaTrader 5 and cTrader. In the platform selector, Match Trade and Trade Locker are marked “Available ”. For futures, the help centre has guides for Tradovate, NinjaTrader, TradingView and Deepcharts. CFD markets named on the rules page are forex, indices, commodities and crypto, and the Forex Funded Account page also names metals. Crypto can be traded 24/7, including weekends. The separate crypto subsite showed “Coming Soon” when we saved it.

The Terms and Conditions say the website is operated by Aqua Funded FZCO. The footer gives its address as IFZA Business Park, Dubai Silicon Oasis, Dubai, and says AquaFunded LTD, a Saint Lucia corporation with company number 2004-00597, provides the simulated trading services. The Contact page lists offices at Algaroud Center in Dubai and in Rodney Bay, St Lucia. The About page says AquaFunded is owned by a holding company called AquaFunds.

The footer says the company is not a financial broker and does not accept client deposits. Traders must be at least 18. Disputes go to arbitration at the Dubai International Arbitration Centre under UAE law, although the Terms say arbitration may not apply to some EU and UK residents. Both help centres have articles on restricted countries (“Are there any countries we cannot trade from?” and “Restricted Territories”), but we did not save them, so we cannot list the countries. Support is offered by email at support@aquafunded.com.