Aqua funded account types and drawdown has established a solid reputation in the prop trading sector. With a variety of account types and funding models for traders looking to access substantial funds without risking their own money, AquaFunded has become a well-known proprietary trading firm. Both novice and seasoned traders are drawn to AquaFunded because of its emphasis on openness, adaptability, and trader-centric regulations. Aqua funded account types and drawdown—each with unique review procedures, profit goals, and drawdown regulations—are at the heart of their offering. An extensive summary of Aqua Funded account types and drawdown methods supporting their risk management are given in this article.
An Overview of AquaFunded
A prop firm called AquaFunded, with headquarters in Dubai, gives traders access to funded accounts with a maximum value of $200,000 and the potential to grow even higher. The firm is renowned for:
- High profit splits (up to 95%)
- Quick, bi-weekly payouts (first payout in as little as 7 days)
- Transparent and achievable profit targets
- No minimum or maximum trading days
- Full refund of registration fees upon successful completion of evaluation
AquaFunded has a simple commission structure ($7 per lot for most assets, with exceptions for crypto and indices) and supports a number of trading platforms, including MT4, MT5, cTrader, Math Trader, and TradeLocker.
AquaFunded Account Types
To meet various trading profiles and preferences, AquaFunded provides a variety of account types. The primary models are:
1. One-Step Challenge Account
Who is it for?
Traders looking for a one-phase evaluation process that expedites the funding process.
Characteristics:
- Profit Target: 9%
- Maximum Daily Loss: 3%
- Maximum Overall Loss: 6%
- Account Leverage: Up to 1:100
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000
- No time limit: Unlimited trading period to reach targets
- Profit Split: 90% (upgradeable to 95%)
- Payouts: Bi-weekly, with first withdrawal possible after 7 days
- Refund: 100% of the registration fee upon passing the challenge
- Platforms: MT4, MT5, cTrader, Math Trader, TradeLocker
Example:
For a $10,000 1-Step account:
- Daily drawdown: $300 (3%)
- Maximum drawdown: $600 (6%)
- Profit target: $900 (9% of $10,000).
2. 3-Step Challenge Account
Who is it for?
Traders who prefer a more gradual evaluation with slightly more relaxed risk parameters.
Characteristics:
- Profit Target: 6% per phase (Challenge, Verification 1, Verification 2)
- Maximum Daily Loss: 4%
- Maximum Overall Loss: 8%
- Account Leverage: Up to 1:100
- Account Sizes: $10,000, $25,000, $50,000, $100,000, $200,000
- No time limit: Unlimited trading period for each phase
- Profit Split: 90% (upgradeable to 95%)
- Payouts: Bi-weekly
- Refund: 100% of the registration fee upon passing the challenge
- Platforms: MT4, MT5, cTrader, Math Trader, TradeLocker
Example:
For a $25,000 3-Step account:
- Daily drawdown: $1,000 (4%)
- Maximum drawdown: $2,000 (8%)
- Profit target per phase: $1,500 (6% of $25,000).
3. Instant Funding Accounts
Additionally, AquaFunded provides quick funding models, which enable traders to begin using a real funded account right away, avoiding the evaluation stage. These accounts include particular guidelines for risk management, such as profit-sharing plans and specified drawdown limitations.
Drawdown: AquaFunded’s Core Risk Management
The maximum allowable loss from a funded account is known as drawdown, and it is an essential risk management tool for both the trader and the firm. AquaFunded has two primary drawdown methods:
1. Maximum Daily Loss (Daily Drawdown)
- 1-Step Challenge: 3% of the starting balance per day
- 3-Step Challenge: 4% of the starting balance per day
This rule limits the amount a trader can lose in a single trading day. If the daily drawdown is breached, the account is closed and the challenge fails.
2. Maximum Overall Loss (Max Drawdown)
- 1-Step Challenge: 6% of the starting balance
- 3-Step Challenge: 8% of the starting balance
This is the total allowable loss from the initial account balance. Exceeding this threshold results in account termination.
3. No Trailing Drawdown
The drawdown restrictions on AquaFunded are determined using the starting amount and do not increase as the account size increases. This is known as a fixed drawdown model. Profits are not “locked in” for drawdown calculations, which is generally better for traders.
Stage of Funded Accounts: Guidelines and Disbursements
- Traders go into the “Aqua Trader” funded stage after completing the challenge or receiving immediate funding:
- Profit Split: 90% for the trader, with the option to upgrade to 95% for a charge.
- reward Frequency: Every two weeks, with the first reward being accessible seven days later.
- No trading days minimum or maximum: You can trade at your own speed.
- Scaling: By reaching performance benchmarks, traders can raise the amount of capital they have been funded.
- Withdrawal Methods: Bank transfer, cryptocurrencies (USDC, stablecoins), and local payment methods.
- Fee Refund: 100% of the registration fee is refunded upon passing the evaluation.
Consistency Rule:
AquaFunded mandates that no day’s profit surpass 40% of the overall profit during each payout cycle in order to guarantee sustainable trading. This discourages high-risk, “all-in” trading and promotes disciplined trading.
Instruments and Platforms
Numerous trading systems, such as MT4, MT5, cTrader, Math Trader, and TradeLocker, are supported by AquaFunded. Cryptocurrencies, commodities, indices, and currency are all available to traders. The fee structure is clear: most assets cost $7 a lot, while indices and cryptocurrency are commission-free.
Unique Features and Advantages
- High Profit Split: Among the highest in the business, the standard profit split is 90% with the option to increase to 95%.
- Quick Payouts: Withdrawals are handled every two weeks, and traders are guaranteed a payout of 100% of their winnings for that cycle if they are delayed.
- No Time Restraint: All challenge phases offer unlimited trading sessions.
- Complete Refund: After completing the challenge successfully, all registration expenses are reimbursed.
- Variable Account Sizes: From $5,000 to $200,000, all levels of traders can benefit.
- No Minimum Days of Trading: Trade as frequently or as infrequently as you choose.
- MT4, MT5, cTrader, Math Trader, and TradeLocker are among the several platforms.
- Transparent Regulations: Clearly stated profit and drawdown goals.
Drawdown Example Calculations
1-Step Challenge ($50,000 account):
- Daily drawdown: $1,500 (3%)
- Max drawdown: $3,000 (6%)
- Profit target: $4,500 (9%)
3-Step Challenge ($100,000 account):
- Daily drawdown: $4,000 (4%)
- Max drawdown: $8,000 (8%)
- Profit target per phase: $6,000 (6%)
Risk Management and Trader Support
AquaFunded’s drawdown rules are designed to encourage disciplined trading:
- With fixed drawdown, traders don’t have to be concerned about their drawdown limit going up when they make money.
- Rules of consistency discourage careless trading and encourage long-term, steady growth.
- Lack of deadlines eases pressure and enables traders to concentrate on making quality trades rather than quick ones.
Conclusion
For traders looking to make large trades with little constraints, AquaFunded provides a stable, open, and trader-friendly environment. Clear and equitable drawdown rules support all of the firm’s account types, from the quick 1-Step Challenge to the slower 3-Step Challenge and instant financing alternatives. AquaFunded stands out as a top option for traders wishing to optimize their potential while upholding strict risk control because of its high profit splits, speedy payouts, and lack of time pressure. Success depends on knowing and adhering to the drawdown restrictions, which protects the firm’s money and the trader’s lifespan.
Frequently Asked Questions
What Occurs If I Exceed The Drawdown Restrictions, Either Daily or Overall?
- A hard breach occurs instantly when the daily or total drawdown limit is exceeded, and the account is closed if the challenge is unsuccessful. After that, traders have to resume the assessment or, if one is available, take advantage of the buyback option that the company is offering.
Is There A Deadline For Finishing The Challenges?
- No, AquaFunded relieves pressure and lets traders trade at their own speed by giving them unlimited time to finish challenge stages or funded trading.
How Much Leverage Is Available With AquaFunded?
- All account types and funded accounts normally have leverage of up to 1:100, which allows for adequate trading freedom while controlling risk.